Neogen Corporation bonds NEOG
Who owns Neogen 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. NEOG 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 |
|---|---|---|---|---|---|---|---|---|---|
| 365417AA2 | 8.625% fixed | 2030-07-20 | USD | 104.64 | 7.26% | 296 bp | 21 | $46.5M | 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 | $46.5M | 104.64 | 7.26% | 296 bp | 21 |
| Jun 2026 | 1 | $42.8M | 105.23 | 7.12% | 294 bp | 29 |
| May 2026 | 1 | $25.1M | 104.92 | 7.22% | 312 bp | 10 |
| Apr 2026 | 1 | $45.6M | 105.14 | 7.19% | 330 bp | 22 |
| Mar 2026 | 1 | $38.0M | 105.05 | 7.23% | 342 bp | 28 |
| Feb 2026 | 1 | $30.2M | 106.89 | 6.78% | 315 bp | 10 |
| Jan 2026 | 1 | $48.5M | 106.60 | 6.88% | 315 bp | 21 |
| Dec 2025 | 1 | $37.7M | 106.71 | 6.88% | 322 bp | 27 |
| Nov 2025 | 1 | $27.7M | 106.47 | 6.97% | 332 bp | 10 |
| Oct 2025 | 1 | $50.2M | 105.70 | 7.17% | 354 bp | 22 |
| Sep 2025 | 1 | $41.0M | 104.62 | 7.46% | 381 bp | 33 |
| Aug 2025 | 1 | $29.8M | 104.73 | 7.45% | 367 bp | 16 |
| Jul 2025 | 1 | $56.7M | 101.07 | 8.36% | 441 bp | 26 |
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. 10 added, 5 cut, 3 new holders and 3 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| NYLIM MacKay High Yield Corporate Bond Fund NYLIM FUNDS | 2026-07-31 | $15.2M | $15.9M | $0 |
| American Beacon SiM High Yield Opportunities Fund AMERICAN BEACON FUNDS | 2026-05-31 | $13.4M | $14.0M | -$5.3M |
| BlackRock High Yield Portfolio BlackRock Funds V | 2026-06-30 | $9.1M | $9.5M | $0 |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $6.5M | $6.8M | $1.2M |
| Fidelity Capital and Income Fund Fidelity Summer Street Trust | 2026-07-31 | $5.2M | $5.4M | $0 |
| Shenkman Capital Short Duration High Income Fund Advisors Series Trust | 2026-06-30 | $4.9M | $5.1M | new |
| NYLIM VP MacKay High Yield Corporate Bond Portfolio NYLIM VP FUNDS TRUST | 2026-06-30 | $4.0M | $4.2M | -$150K |
| Invesco BulletShares 2027 High Yield Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $4.0M | $4.2M | $670K |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $3.8M | $3.9M | $0 |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $3.7M | $3.9M | $828K |
| BlackRock Credit Relative Value Fund BlackRock Funds IV | 2026-07-31 | $3.4M | $3.6M | $0 |
| AB HIGH INCOME FUND INC | 2026-07-31 | $3.4M | $3.5M | $0 |
| Impax High Yield Bond Fund IMPAX FUNDS SERIES TRUST I | 2026-06-30 | $3.0M | $3.2M | $0 |
| State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $2.9M | $3.1M | new |
| Barings Global Short Duration High Yield Fund | 2026-06-30 | $2.6M | $2.8M | $0 |
| Fidelity Advisor Strategic Income Fund Fidelity Advisor Series II | 2026-06-30 | $2.5M | $2.7M | $0 |
| Guggenheim Strategic Opportunities Fund | 2026-05-29 | $2.5M | $2.6M | $0 |
| NYLIM MacKay Short Duration High Income Fund NYLIM FUNDS TRUST | 2026-07-31 | $1.8M | $1.9M | $0 |
| AB Income Fund AB BOND FUND, INC. | 2026-07-31 | $1.6M | $1.7M | $0 |
| 1290 VT High Yield Bond Portfolio EQ Advisors Trust | 2026-06-30 | $1.4M | $1.5M | $0 |
| AB Short Duration High Yield ETF AB Active ETFs, Inc. | 2026-05-31 | $1.2M | $1.2M | $0 |
| Buffalo High Yield Fund Buffalo Funds | 2026-06-30 | $1.1M | $1.2M | $0 |
| Schwab High Yield Bond ETF SCHWAB STRATEGIC TRUST | 2026-05-31 | $985K | $1.0M | $195K |
| BlackRock Corporate High Yield Fund, Inc. | 2026-06-30 | $899K | $946K | $0 |
| Guggenheim Active Allocation Fund | 2026-05-29 | $900K | $944K | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): BlackRock Strategic Income Opportunities Portfolio ($4.0M), BlackRock Multi-Sector Income Trust ($233K), BlackRock Core Bond Trust ($128K).
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 | $6.5M | $6.8M | 0.02% |
| BSJR Invesco BulletShares 2027 High Yield Corporate Bond ETF | 2026-05-31 | 1 | $4.0M | $4.2M | 0.49% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 1 | $3.8M | $3.9M | 0.05% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 1 | $3.7M | $3.9M | 0.03% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 1 | $2.9M | $3.1M | 0.06% |
| SYFI AB Short Duration High Yield ETF | 2026-05-31 | 1 | $1.2M | $1.2M | 0.14% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 1 | $985K | $1.0M | 0.04% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 1 | $809K | $849K | 0.04% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 1 | $412K | $431K | 0.00% |
| IBHJ iShares iBonds 2030 Term High Yield and Income ETF | 2026-07-31 | 1 | $220K | $230K | 0.15% |
| BBHY JPMorgan BetaBuilders USD High Yield Corporate Bond ETF | 2026-05-31 | 1 | $153K | $160K | 0.03% |
| HYFI AB High Yield ETF | 2026-05-31 | 1 | $111K | $116K | 0.03% |
| ISTB iShares Core 1-5 Year USD Bond ETF | 2026-07-31 | 1 | $105K | $110K | 0.00% |
| CPLB NYLIM MacKay Core Plus Bond ETF | 2026-07-31 | 1 | $75K | $79K | 0.02% |
| XB BondBloxx B Rated USD High Yield Corporate Bond ETF | 2026-07-31 | 1 | $50K | $52K | 0.07% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 4.05: safer than 38% of companies (37th percentile in Healthcare). Market-implied, prices to 2026-10-16, balance sheet 2026-08-31.
| Equity value | $2.55B |
| Debt barrier (short-term + ½ long-term debt) | $387.1M |
| Equity volatility (1 year) | 55.1% |
| Asset value / asset volatility (solved) | $2.92B / 48.1% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 296 bp spread prices in about 4.9% 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 = 1.43 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in NEOG'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 | 27 | $13.4M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 305 | $1.94B | 7 | $1.7M | 6 | $5.2M | 0 |
| 2026-03-31 | 289 | $1.73B | 7 | $10.2M | 7 | $24.7M | 0 |
| 2025-12-31 | 292 | $1.47B | 5 | $7.1M | 6 | $14.3M | 0 |
| 2025-09-30 | 287 | $1.34B | 6 | $6.0M | 4 | $3.3M | 0 |
| 2025-06-30 | 305 | $1.14B | 4 | $4.5M | 7 | $1.3M | 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.