Meritage Homes Corporation bonds MTH
Who owns Meritage Homes Corporation's debt and what their own filings say it is worth. Bond prices and yields are fund-reported marks (SEC Form N-PORT) as of Jul 2026; they lag the market by about two months. MTH stock page.
Every bond funds hold
Each bond's latest fund-reported mark. Price per 100 of face value; yield to maturity from price, coupon and maturity; spread over the matched-maturity Treasury for US-dollar bonds.
| Bond | Coupon | Maturity | Ccy | Price | Yield | Spread | Funds | Held | As of |
|---|---|---|---|---|---|---|---|---|---|
| 59001ABA9 | 5.125% fixed | 2027-06-06 | USD | 99.96 | 5.16% | 117 bp | 7 | $9.8M | Jul 2026 |
| 59001ABF8 convertible | 1.75% fixed | 2028-05-15 | USD | 99.26 | — | — | 21 | $74.8M | Jul 2026 |
| 59001ABD3 | 3.875% fixed | 2029-04-15 | USD | 96.78 | 5.16% | 91 bp | 12 | $12.3M | Jul 2026 |
| 59001ABG6 | 5.65% fixed | 2035-03-15 | USD | 99.26 | 5.76% | 122 bp | 9 | $6.7M | Jul 2026 |
Spread history
Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.
Price history
Median fund-marked price across the bonds, per 100 of face value.
By month
Funds file on staggered quarter-ends, so each month-end is marked by the funds that reported for it; the amount held moves with which funds filed, not only with buying and selling.
| Month-end | Bonds | Held | Median price | USD yield | USD spread | Most funds on one bond |
|---|---|---|---|---|---|---|
| Jul 2026 | 4 | $103.6M | 99.26 | 5.46% | 107 bp | 21 |
| Jun 2026 | 4 | $287.3M | 100.62 | 5.26% | 98 bp | 35 |
| May 2026 | 4 | $86.1M | 99.08 | 4.98% | 108 bp | 14 |
| Apr 2026 | 4 | $98.6M | 99.24 | 4.91% | 120 bp | 20 |
| Mar 2026 | 4 | $301.0M | 98.61 | 4.86% | 119 bp | 37 |
| Feb 2026 | 4 | $79.4M | 101.91 | 4.56% | 108 bp | 14 |
| Jan 2026 | 4 | $101.0M | 101.25 | 4.55% | 103 bp | 21 |
| Dec 2025 | 4 | $314.3M | 99.59 | 4.62% | 110 bp | 40 |
| Nov 2025 | 4 | $65.9M | 100.40 | 4.70% | 110 bp | 15 |
| Oct 2025 | 4 | $106.5M | 100.24 | 4.66% | 111 bp | 27 |
| Sep 2025 | 4 | $323.0M | 101.23 | 4.69% | 111 bp | 45 |
| Aug 2025 | 4 | $83.0M | 100.82 | 4.73% | 99 bp | 17 |
| Jul 2025 | 4 | $94.3M | 99.36 | 4.90% | 102 bp | 22 |
Who holds the debt
Fund series in their latest quarterly N-PORT report, largest first, with the change in face value against each fund's own previous report. Names as reported in the filings. 31 added, 33 cut, 9 new holders and 22 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Loomis Sayles Investment Grade Bond Fund LOOMIS SAYLES FUNDS II | 2026-06-30 | $50.6M | $50.6M | -$4.3M |
| BlackRock High Yield Portfolio BlackRock Funds V | 2026-06-30 | $28.2M | $29.0M | $0 |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $25.4M | $25.7M | $5.5M |
| Bridge Builder Core Plus Bond Fund Bridge Builder Trust | 2026-06-30 | $24.6M | $24.8M | -$2.6M |
| Lord Abbett Short Duration High Yield Fund LORD ABBETT TRUST I | 2026-07-31 | $21.2M | $21.0M | $9.2M |
| PGIM Short-Term Corporate Bond Fund Prudential Short-Term Corporate Bond Fund, Inc. | 2026-06-30 | $20.0M | $19.7M | $8.0M |
| Loomis Sayles Income Fund LOOMIS SAYLES FUNDS I | 2026-06-30 | $14.0M | $14.1M | -$1.6M |
| NYLIM MacKay Convertible Fund NYLIM FUNDS | 2026-07-31 | $13.3M | $13.2M | $0 |
| iShares Convertible Bond ETF iShares Trust | 2026-07-31 | $11.8M | $11.7M | $2.2M |
| Miller Convertible Bond Fund Miller Investment Trust | 2026-07-31 | $10.0M | $9.9M | $0 |
| Victory Investment Grade Convertible Fund Victory Portfolios | 2026-06-30 | $9.6M | $9.9M | $0 |
| Lord Abbett Convertible Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $10.0M | $9.8M | $0 |
| Virtus Newfleet Multi-Sector Short Term Bond Fund Virtus Opportunities Trust | 2026-06-30 | $10.1M | $9.8M | $0 |
| Rational/Pier 88 Convertible Securities Fund Mutual Fund & Variable Insurance Trust | 2026-06-30 | $9.1M | $9.4M | $0 |
| State Street(R) SPDR(R) Bloomberg Convertible Securities ETF SPDR SERIES TRUST | 2026-06-30 | $8.6M | $8.9M | $500K |
| Baird Ultra Short Bond Fund Baird Funds Inc | 2026-06-30 | $8.8M | $8.8M | new |
| Loomis Sayles Strategic Income Fund LOOMIS SAYLES FUNDS II | 2026-06-30 | $8.6M | $8.7M | -$980K |
| Performance Trust Total Return Bond Fund Trust for Professional Managers | 2026-05-31 | $8.4M | $8.5M | $0 |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $8.1M | $8.2M | $0 |
| Baird Aggregate Bond Fund Baird Funds Inc | 2026-06-30 | $7.5M | $7.6M | $0 |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $7.5M | $7.6M | $0 |
| NYLIM VP MacKay Convertible Portfolio NYLIM VP FUNDS TRUST | 2026-06-30 | $7.1M | $7.4M | $0 |
| CIBC ATLAS INCOME OPPORTUNITIES FUND ADVISORS' INNER CIRCLE FUND | 2026-07-31 | $7.0M | $6.8M | $0 |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $5.9M | $5.9M | $0 |
| Boyd Watterson Limited Duration Enhanced Income Fund NORTHERN LIGHTS FUND TRUST III | 2026-06-30 | $5.0M | $5.1M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Lord Abbett Credit Opportunities Fund ($7.8M), DoubleLine Low Duration Bond Fund ($4.9M), Sterling Capital Total Return Bond Fund ($4.0M), State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF ($3.2M), Doubleline Shiller Enhanced CAPE ($2.4M), JPMorgan Global Active Allocation Portfolio ($1.7M), THE HARTFORD HIGH YIELD FUND ($1.5M), THE HARTFORD BALANCED INCOME FUND ($1.5M), STERLING CAPITAL ENHANCED CORE BOND ETF ($1.2M), JNL/DoubleLine Shiller Enhanced CAPE Fund ($1.1M).
ETFs holding these bonds
From each ETF's own latest N-PORT report: the issuer's bonds as a share of the ETF's net assets. A holdings list, not a recommendation.
| ETF | Report | Bonds | Face value | Value | % of net assets |
|---|---|---|---|---|---|
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $25.4M | $25.7M | 0.04% |
| ICVT iShares Convertible Bond ETF | 2026-07-31 | 1 | $11.8M | $11.7M | 0.16% |
| CWB State Street(R) SPDR(R) Bloomberg Convertible Securities ETF | 2026-06-30 | 1 | $8.6M | $8.9M | 0.14% |
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 1 | $8.1M | $8.2M | 0.00% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $5.9M | $5.9M | 0.01% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 1 | $4.6M | $4.6M | 0.01% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $3.7M | $3.7M | 0.02% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $3.8M | $3.7M | 0.02% |
| KORP American Century Diversified Corporate Bond ETF | 2026-05-31 | 1 | $2.8M | $2.7M | 0.33% |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 2026-06-30 | 1 | $2.6M | $2.7M | 0.02% |
| IBDS iShares iBonds Dec 2027 Term Corporate ETF | 2026-07-31 | 1 | $2.4M | $2.3M | 0.06% |
| UYLD Angel Oak UltraShort Income ETF | 2026-07-31 | 2 | $2.3M | $2.3M | 0.15% |
| USTB VictoryShares Short-Term Bond ETF | 2026-06-30 | 1 | $2.0M | $2.0M | 0.09% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 2 | $1.9M | $1.9M | 0.00% |
| SIO Touchstone ETF Trust-Touchstone Strategic Income ETF | 2026-06-30 | 1 | $1.8M | $1.8M | 0.66% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 5.27: safer than 51% of companies (50th percentile in Consumer Cyclical). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $3.80B |
| Debt barrier (short-term + ½ long-term debt) | $923.7M |
| Equity volatility (1 year) | 37.9% |
| Asset value / asset volatility (solved) | $4.69B / 30.7% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 107 bp spread prices in about 1.8% a year of default odds (spread ÷ (1 − 40% recovery)). Fund-reported marks as of Jul 2026; the spread also pays for liquidity and risk premium, so this overstates actual defaults.
Accounts: Altman Z
Altman Z'' = 10.40 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in MTH's stock and options. Options are reported at the value of the underlying shares, not the premium paid; 13F lists long positions only, lags 45 days after quarter-end, and does not show whether puts hedge a stock position.
| Quarter-end | Stock holders | Stock value | Put managers | Puts (underlying value) | Call managers | Calls (underlying value) | Convertible holders |
|---|---|---|---|---|---|---|---|
| 2026-09-30 filings still arriving | 31 | $17.1M | 0 | — | 0 | — | 2 |
| 2026-06-30 | 389 | $5.55B | 7 | $12.0M | 10 | $11.4M | 53 |
| 2026-03-31 | 389 | $3.52B | 8 | $7.3M | 11 | $8.5M | 46 |
| 2025-12-31 | 388 | $4.43B | 7 | $6.4M | 6 | $2.6M | 47 |
| 2025-09-30 | 395 | $4.95B | 7 | $10.2M | 8 | $9.1M | 50 |
| 2025-06-30 | 379 | $4.74B | 12 | $10.9M | 8 | $7.2M | 51 |
Sources: fund holdings and fund-reported marks from SEC Form N-PORT (published about 60 days after each month-end); 13F filings; House and Senate periodic transaction reports and OGE Form 278-T; Treasury yields from FRED. Findings from filings, not advice. How each number is computed.