Micron Technology, Inc. bonds MU
Who owns Micron Technology, 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. MU 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 |
|---|---|---|---|---|---|---|---|---|---|
| 595112CD3 | 5.3% fixed | 2031-01-15 | USD | 102.29 | 4.73% | 54 bp | 3 | $3.1M | Jun 2026 |
| 595112BS1 | 2.703% fixed | 2032-04-15 | USD | 88.40 | 5.07% | 69 bp | 15 | $15.9M | Jul 2026 |
| 595112CG6 | 5.65% fixed | 2032-11-01 | USD | 103.26 | 5.04% | 75 bp | 1 | $124K | Jun 2026 |
| 595112CB7 | 5.875% fixed | 2033-09-15 | USD | 104.50 | 5.12% | 78 bp | 1 | $2K | Jun 2026 |
| 595112CE1 | 5.8% fixed | 2035-01-15 | USD | 104.49 | 5.14% | 74 bp | 2 | $1.2M | Jun 2026 |
| 595112CH4 | 6.05% fixed | 2035-11-01 | USD | 106.22 | 5.20% | 76 bp | 3 | $2.8M | Jun 2026 |
| 595112BT9 | 3.366% fixed | 2041-11-01 | USD | 74.21 | 5.96% | 110 bp | 15 | $31.2M | Jul 2026 |
| 595112BU6 | 3.48% fixed | 2051-11-01 | USD | 66.06 | 6.14% | 104 bp | 3 | $978K | 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 | 3 | $48.1M | 74.21 | 5.96% | 104 bp | 15 |
| Jun 2026 | 8 | $96.9M | 102.77 | 5.13% | 75 bp | 32 |
| May 2026 | 7 | $140.4M | 103.57 | 5.06% | 70 bp | 32 |
| Apr 2026 | 4 | $52.6M | 83.26 | 5.19% | 82 bp | 15 |
| Mar 2026 | 9 | $621.1M | 105.45 | 4.77% | 70 bp | 68 |
| Feb 2026 | 9 | $650.5M | 106.59 | 4.68% | 70 bp | 39 |
| Jan 2026 | 11 | $238.6M | 103.86 | 4.79% | 77 bp | 29 |
| Dec 2025 | 11 | $838.5M | 103.63 | 4.79% | 88 bp | 61 |
| Nov 2025 | 11 | $671.0M | 103.67 | 4.79% | 90 bp | 36 |
| Oct 2025 | 11 | $232.3M | 103.41 | 4.86% | 98 bp | 25 |
| Sep 2025 | 13 | $1.08B | 103.49 | 4.82% | 87 bp | 71 |
| Aug 2025 | 13 | $836.0M | 103.17 | 4.89% | 88 bp | 38 |
| Jul 2025 | 13 | $306.5M | 102.50 | 5.09% | 95 bp | 23 |
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. 13 added, 87 cut, 6 new holders and 145 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $61.9M | $55.5M | -$100.9M |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $32.0M | $26.3M | -$61.6M |
| DFA Investment Grade Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $33.0M | $24.7M | $0 |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $25.8M | $21.2M | -$66.2M |
| Bond Fund John Hancock Sovereign Bond Fund | 2026-05-31 | $23.4M | $21.0M | -$57.0M |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $11.3M | $9.2M | -$20.0M |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $10.0M | $8.9M | -$39.7M |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $8.4M | $7.5M | -$10.4M |
| iShares iBoxx $ Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $6.9M | $6.2M | -$33.0M |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $6.5M | $5.9M | -$29.4M |
| Strategic Advisers Fidelity Core Income Fund Fidelity Rutland Square Trust II | 2026-05-31 | $6.5M | $5.2M | -$33.2M |
| iShares iBonds Dec 2032 Term Corporate ETF iShares Trust | 2026-07-31 | $5.5M | $4.9M | $245K |
| Schwab 5-10 Year Corporate Bond ETF SCHWAB STRATEGIC TRUST | 2026-06-30 | $5.4M | $4.8M | -$20.6M |
| VANGUARD LONG-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $6.5M | $4.8M | $5.7M |
| Invesco BulletShares 2032 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $5.2M | $4.6M | -$2.2M |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $4.3M | $3.6M | -$8.5M |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $3.9M | $3.5M | -$8.2M |
| VOYA INTERMEDIATE BOND FUND Voya Funds Trust | 2026-06-30 | $4.1M | $3.2M | -$13.2M |
| Bramshill Income Performance Fund Advisor Managed Portfolios | 2026-06-30 | $4.4M | $3.2M | -$7.0M |
| Fidelity Corporate Bond Fund Fidelity Salem Street Trust | 2026-05-31 | $3.9M | $3.1M | -$17.7M |
| SA Federated Hermes Corporate Bond Portfolio SUNAMERICA SERIES TRUST | 2026-07-31 | $3.2M | $2.8M | $0 |
| BlackRock Low Duration Bond Portfolio BlackRock Funds V | 2026-06-30 | $2.7M | $2.7M | -$2.2M |
| Investment Grade Bond Fund John Hancock Bond Trust | 2026-05-31 | $2.8M | $2.5M | -$8.9M |
| DFA Intermediate-Term Extended Quality Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $3.2M | $2.4M | $0 |
| iShares Core Universal USD Bond ETF iShares Trust | 2026-07-31 | $3.0M | $2.3M | $580K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Franklin Income Fund ($40.0M), Loomis Sayles Core Plus Bond Fund ($18.0M), VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND ($16.5M), PIMCO Sector Fund Series - I ($14.2M), VANGUARD WELLINGTON FUND ($14.0M), JPMorgan Core Plus Bond Fund ($14.0M), Baird Core Plus Bond Fund ($13.6M), JPMorgan Core Bond Fund ($13.5M), LORD ABBETT BOND DEBENTURE FUND INC ($12.6M), Diversified Bond Fund ($11.0M).
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 | $61.9M | $55.5M | 0.08% |
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 3 | $32.0M | $26.3M | 0.01% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 3 | $11.3M | $9.2M | 0.01% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 1 | $10.0M | $8.9M | 0.02% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $6.9M | $6.2M | 0.02% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $6.5M | $5.9M | 0.03% |
| IBDX iShares iBonds Dec 2032 Term Corporate ETF | 2026-07-31 | 1 | $5.5M | $4.9M | 0.28% |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 2026-06-30 | 1 | $5.4M | $4.8M | 0.04% |
| VCLT VANGUARD LONG-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 2 | $6.5M | $4.8M | 0.05% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 3 | $4.3M | $3.6M | 0.02% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 1 | $3.9M | $3.5M | 0.03% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 3 | $3.0M | $2.3M | 0.01% |
| BLV VANGUARD LONG-TERM BOND INDEX FUND | 2026-06-30 | 2 | $2.4M | $1.8M | 0.02% |
| JHCR John Hancock Core Bond ETF | 2026-06-30 | 1 | $1.7M | $1.5M | 0.06% |
| DFCF Dimensional Core Fixed Income ETF | 2026-07-31 | 2 | $1.4M | $1.1M | 0.01% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 7.89: safer than 72% of companies (71th percentile in Technology). Market-implied, prices to 2026-10-16, balance sheet 2026-09-03.
| Equity value | $1.02T |
| Debt barrier (short-term + ½ long-term debt) | $1.40B |
| Equity volatility (1 year) | 80.2% |
| Asset value / asset volatility (solved) | $1.03T / 80.1% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 104 bp spread prices in about 1.7% 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 = 14.38 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in MU'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 | 742 | $11.87B | 5 | $64.0M | 18 | $368.5M | 0 |
| 2026-06-30 | 3,899 | $970.41B | 137 | $199.06B | 151 | $121.99B | 1 |
| 2026-03-31 | 3,000 | $241.43B | 99 | $40.27B | 115 | $27.43B | 0 |
| 2025-12-31 | 2,686 | $249.32B | 85 | $23.28B | 102 | $14.84B | 0 |
| 2025-09-30 | 2,085 | $141.75B | 80 | $13.43B | 94 | $9.82B | 0 |
| 2025-06-30 | 1,847 | $106.93B | 76 | $9.12B | 89 | $7.78B | 1 |
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.