The Manitowoc Company, Inc. bonds MTW
Who owns The Manitowoc Company, Inc.'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. MTW 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 |
|---|---|---|---|---|---|---|---|---|---|
| 563571AN8 | 9.25% fixed | 2031-10-01 | USD | 105.94 | 7.83% | 348 bp | 23 | $28.8M | 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 | 1 | $28.8M | 105.94 | 7.83% | 348 bp | 23 |
| Jun 2026 | 1 | $86.8M | 107.55 | 7.48% | 326 bp | 50 |
| May 2026 | 1 | $2.9M | 107.37 | 7.54% | 337 bp | 11 |
| Apr 2026 | 1 | $31.1M | 106.95 | 7.66% | 368 bp | 26 |
| Mar 2026 | 1 | $84.5M | 104.49 | 8.22% | 432 bp | 53 |
| Feb 2026 | 1 | $3.0M | 108.74 | 7.31% | 357 bp | 11 |
| Jan 2026 | 1 | $28.5M | 108.64 | 7.35% | 350 bp | 27 |
| Dec 2025 | 1 | $93.5M | 107.63 | 7.58% | 381 bp | 49 |
| Nov 2025 | 1 | $2.1M | 106.29 | 7.88% | 413 bp | 11 |
| Oct 2025 | 1 | $26.9M | 105.14 | 8.13% | 440 bp | 24 |
| Sep 2025 | 1 | $96.1M | 105.13 | 8.15% | 439 bp | 48 |
| Aug 2025 | 1 | $2.0M | 105.29 | 8.13% | 422 bp | 11 |
| Jul 2025 | 1 | $26.8M | 106.28 | 7.94% | 387 bp | 24 |
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. 15 added, 11 cut, 0 new holders and 7 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| The Osterweis Strategic Income Fund Professionally Managed Portfolios | 2026-06-30 | $34.5M | $37.1M | $0 |
| BlackRock High Yield Portfolio BlackRock Funds V | 2026-06-30 | $8.7M | $9.3M | $0 |
| Nomura High Income Fund IVY FUNDS | 2026-06-30 | $6.8M | $7.4M | $0 |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $6.4M | $6.8M | $729K |
| Neuberger Strategic Income Fund NEUBERGER BERMAN INCOME FUNDS | 2026-07-31 | $5.5M | $5.8M | $845K |
| JNL/PPM America High Yield Bond Fund JNL Series Trust | 2026-06-30 | $5.1M | $5.5M | $873K |
| Payden High Income Fund PAYDEN & RYGEL INVESTMENT GROUP | 2026-07-31 | $3.6M | $3.8M | $355K |
| High Yield Fixed Income Fund Northern Funds | 2026-06-30 | $2.8M | $3.1M | $0 |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $2.2M | $2.4M | $176K |
| MFS High Income Fund MFS Series Trust III | 2026-07-31 | $2.1M | $2.2M | -$2.5M |
| Nomura VIP High Income Series Ivy Variable Insurance Portfolios | 2026-06-30 | $2.0M | $2.2M | $0 |
| Impax High Yield Bond Fund IMPAX FUNDS SERIES TRUST I | 2026-06-30 | $2.0M | $2.2M | $0 |
| Virtus Seix High Yield Fund Virtus Asset Trust | 2026-06-30 | $2.0M | $2.1M | $0 |
| Nomura Floating Rate Fund Delaware Group Income Funds | 2026-07-31 | $2.0M | $2.1M | $0 |
| Neuberger High Yield Strategies Fund Inc. | 2026-07-31 | $1.9M | $2.0M | $0 |
| Neuberger High Income Bond Fund NEUBERGER BERMAN INCOME FUNDS | 2026-07-31 | $1.5M | $1.6M | $0 |
| Nomura Limited-Term Diversified Income Fund Delaware Group Limited-Term Government Funds | 2026-06-30 | $1.4M | $1.5M | $0 |
| BlackRock Corporate High Yield Fund, Inc. | 2026-06-30 | $1.3M | $1.4M | $0 |
| FlexShares High Yield Value - Scored Bond Index Fund FlexShares Trust | 2026-07-31 | $1.3M | $1.4M | -$100K |
| CITY NATIONAL ROCHDALE FIXED INCOME OPPORTUNITIES FUND City National Rochdale Funds | 2026-06-30 | $1.1M | $1.2M | $0 |
| Touchstone Funds Group Trust-Touchstone High Yield Fund Touchstone Funds Group Trust | 2026-06-30 | $1.0M | $1.1M | $0 |
| Weitz Core Plus Income Fund Weitz Funds | 2026-06-30 | $1.0M | $1.1M | $0 |
| High Income Fund American Century Investment Trust | 2026-06-30 | $875K | $942K | $0 |
| Touchstone Strategic Trust-Touchstone Strategic Income Fund Touchstone Strategic Trust | 2026-06-30 | $788K | $847K | -$182K |
| JNL/Neuberger Berman Strategic Income Fund JNL Series Trust | 2026-06-30 | $760K | $815K | $245K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Global Bond Fund ($500K), MFS MULTIMARKET INCOME TRUST ($405K), Voya Multi-Sector Income ETF ($350K), Harbor Ares Systematic High Yield ETF ($200K), BlackRock Multi-Sector Income Trust ($175K), BlackRock Low Duration Bond Portfolio ($79K), BlackRock Core Bond Trust ($72K).
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 |
|---|---|---|---|---|---|
| USHY iShares Broad USD High Yield Corporate Bond ETF | 2026-07-31 | 1 | $6.4M | $6.8M | 0.02% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 1 | $2.2M | $2.4M | 0.02% |
| HYGV FlexShares High Yield Value - Scored Bond Index Fund | 2026-07-31 | 1 | $1.3M | $1.4M | 0.13% |
| SIO Touchstone ETF Trust-Touchstone Strategic Income ETF | 2026-06-30 | 1 | $705K | $758K | 0.28% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 1 | $642K | $689K | 0.03% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 1 | $592K | $636K | 0.03% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 1 | $581K | $624K | 0.01% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 1 | $330K | $349K | 0.00% |
| NBSD Neuberger Short Duration Income ETF | 2026-07-31 | 1 | $310K | $328K | 0.03% |
| BBHY JPMorgan BetaBuilders USD High Yield Corporate Bond ETF | 2026-05-31 | 1 | $136K | $146K | 0.02% |
| JHHY John Hancock High Yield ETF | 2026-06-30 | 1 | $126K | $135K | 0.15% |
| NBFC Neuberger Flexible Credit Income ETF | 2026-07-31 | 1 | $110K | $117K | 0.16% |
| OBND State Street(R) Loomis Sayles Opportunistic Bond ETF | 2026-06-30 | 1 | $98K | $105K | 0.18% |
| IBHK iShares iBonds 2031 Term High Yield and Income ETF | 2026-07-31 | 1 | $86K | $91K | 0.13% |
| XB BondBloxx B Rated USD High Yield Corporate Bond ETF | 2026-07-31 | 1 | $50K | $53K | 0.07% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 3.44: safer than 30% of companies (29th percentile in Industrials). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $784.0M |
| Debt barrier (short-term + ½ long-term debt) | $239.2M |
| Equity volatility (1 year) | 52.7% |
| Asset value / asset volatility (solved) | $1.01B / 40.8% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 348 bp spread prices in about 5.8% 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 = 2.27 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in MTW'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 | 15 | $18.3M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 163 | $384.6M | 2 | $10K | 3 | $314K | 0 |
| 2026-03-31 | 163 | $294.3M | 1 | $1K | 4 | $489K | 0 |
| 2025-12-31 | 166 | $318.4M | 1 | $1K | 3 | $524K | 0 |
| 2025-09-30 | 168 | $260.1M | 1 | $22K | 3 | $1.1M | 0 |
| 2025-06-30 | 167 | $332.1M | 1 | $0 | 5 | $1.1M | 0 |
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.