National Fuel Gas Company bonds NFG
Who owns National Fuel Gas Company'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. NFG 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 |
|---|---|---|---|---|---|---|---|---|---|
| 636180BS9 | 5.5% fixed | 2026-10-01 | USD | 100.38 | 4.32% | 70 bp | 5 | $10.2M | May 2026 |
| 636180BN0 | 3.95% fixed | 2027-09-15 | USD | 99.16 | 4.72% | 65 bp | 6 | $27.7M | Jul 2026 |
| 636180BP5 | 4.75% fixed | 2028-09-01 | USD | 99.81 | 4.85% | 62 bp | 8 | $5.2M | Jul 2026 |
| 636180BV2 | 4.75% fixed | 2029-05-15 | USD | 99.30 | 5.02% | 77 bp | 12 | $13.0M | Jul 2026 |
| 636180BT7 | 5.5% fixed | 2030-03-15 | USD | 100.98 | 5.20% | 92 bp | 15 | $50.0M | Jul 2026 |
| 636180BR1 | 2.95% fixed | 2031-03-01 | USD | 90.62 | 5.28% | 96 bp | 25 | $26.9M | Jul 2026 |
| 636180BW0 | 5.05% fixed | 2031-10-15 | USD | 98.65 | 5.35% | 100 bp | 8 | $5.2M | Jul 2026 |
| 636180BU4 | 5.95% fixed | 2035-03-15 | USD | 101.67 | 5.70% | 116 bp | 15 | $23.7M | Jul 2026 |
| 636180BX8 | 5.5% fixed | 2036-05-15 | USD | 97.01 | 5.91% | 132 bp | 10 | $2.0M | 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 | 8 | $153.6M | 99.23 | 5.24% | 94 bp | 25 |
| Jun 2026 | 8 | $504.2M | 99.65 | 4.99% | 80 bp | 44 |
| May 2026 | 9 | $412.4M | 100.05 | 4.94% | 83 bp | 26 |
| Apr 2026 | 6 | $176.2M | 100.11 | 4.90% | 104 bp | 25 |
| Mar 2026 | 6 | $308.6M | 100.29 | 4.84% | 106 bp | 38 |
| Feb 2026 | 6 | $261.4M | 101.16 | 4.38% | 78 bp | 21 |
| Jan 2026 | 6 | $171.0M | 101.07 | 4.57% | 86 bp | 18 |
| Dec 2025 | 6 | $293.9M | 101.06 | 4.65% | 101 bp | 33 |
| Nov 2025 | 6 | $273.6M | 101.08 | 4.57% | 94 bp | 21 |
| Oct 2025 | 7 | $188.7M | 100.74 | 4.66% | 104 bp | 17 |
| Sep 2025 | 6 | $285.4M | 100.95 | 4.55% | 96 bp | 34 |
| Aug 2025 | 6 | $282.2M | 100.70 | 4.65% | 93 bp | 26 |
| Jul 2025 | 8 | $205.0M | 99.88 | 4.88% | 101 bp | 18 |
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. 96 added, 15 cut, 60 new holders and 38 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Lord Abbett Short Duration Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $123.8M | $124.6M | $64.9M |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $48.8M | $48.3M | $16.5M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $46.6M | $47.5M | $21.1M |
| Bridge Builder Core Bond Fund Bridge Builder Trust | 2026-06-30 | $40.7M | $40.9M | $22.6M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $37.5M | $37.5M | $14.0M |
| Nuveen Core Impact Bond Fund TIAA-CREF Funds | 2026-06-30 | $37.3M | $36.3M | $22.4M |
| College Retirement Equities Fund - Responsible Balanced Account College Retirement Equities Fund | 2026-06-30 | $37.1M | $36.1M | $22.4M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $35.0M | $35.3M | $5.1M |
| Lord Abbett Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $32.2M | $31.4M | $7.8M |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $30.2M | $30.5M | $0 |
| PIMCO Total Return Fund PIMCO FUNDS | 2026-06-30 | $27.8M | $26.8M | $16.9M |
| Permanent Portfolio PERMANENT PORTFOLIO FAMILY OF FUNDS | 2026-07-31 | $25.0M | $24.8M | $0 |
| Baird Short-Term Bond Fund Baird Funds Inc | 2026-06-30 | $23.4M | $23.3M | new |
| LORD ABBETT BOND DEBENTURE FUND INC | 2026-06-30 | $21.8M | $22.2M | $0 |
| T. Rowe Price Ultra Short-Term Bond Fund T. ROWE PRICE SHORT-TERM BOND FUND, INC. | 2026-05-31 | $17.4M | $17.2M | $3.3M |
| PIMCO Multisector Bond Active Exchange-Traded Fund PIMCO ETF Trust | 2026-06-30 | $16.6M | $16.8M | $12.7M |
| VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $15.0M | $15.3M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $15.0M | $14.9M | $6.8M |
| PIMCO Investment Grade Credit Bond Fund PIMCO FUNDS | 2026-06-30 | $14.1M | $14.0M | new |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $13.7M | $13.9M | $6.8M |
| Lord Abbett Core Plus Bond Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $13.1M | $13.0M | $4.2M |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $12.1M | $12.0M | $4.7M |
| Federated Hermes Total Return Bond Fund Federated Hermes Total Return Series, Inc. | 2026-05-31 | $11.7M | $11.5M | $0 |
| PIMCO Long Duration Credit Bond Portfolio PIMCO FUNDS | 2026-06-30 | $11.4M | $11.3M | new |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $11.2M | $11.3M | $3.8M |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): PIMCO Short-Term Fund ($20.9M), Transamerica Short-Term Bond ($13.9M), PIMCO Short Asset Portfolio ($12.9M), Payden Limited Maturity Fund ($9.6M), PIMCO Total Return Portfolio ($6.4M), Federated Hermes Ultrashort Bond Fund ($6.1M), DoubleLine Low Duration Bond Fund ($5.2M), Navigator Tactical Fixed Income Fund ($4.0M), Angel Oak UltraShort Income ETF ($3.4M), VANGUARD ULTRA-SHORT BOND ETF ($2.5M).
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 |
|---|---|---|---|---|---|
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 8 | $48.8M | $48.3M | 0.01% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 3 | $46.6M | $47.5M | 0.07% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 4 | $35.0M | $35.3M | 0.07% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 8 | $15.0M | $14.9M | 0.01% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 3 | $13.7M | $13.9M | 0.03% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 5 | $12.1M | $12.0M | 0.05% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 3 | $11.2M | $11.3M | 0.06% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 7 | $9.8M | $9.7M | 0.08% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 3 | $8.4M | $8.5M | 0.01% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 8 | $7.4M | $7.4M | 0.04% |
| DFCF Dimensional Core Fixed Income ETF | 2026-07-31 | 2 | $6.9M | $6.3M | 0.06% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 3 | $6.2M | $6.1M | 0.06% |
| IBDW iShares iBonds Dec 2031 Term Corporate ETF | 2026-07-31 | 2 | $6.3M | $6.0M | 0.24% |
| DFSD Dimensional Short-Duration Fixed Income ETF | 2026-07-31 | 2 | $5.8M | $5.9M | 0.08% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 8 | $5.1M | $5.0M | 0.01% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 10.31: safer than 82% of companies (88th percentile in Energy). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $7.44B |
| Debt barrier (short-term + ½ long-term debt) | $1.78B |
| Equity volatility (1 year) | 19.9% |
| Asset value / asset volatility (solved) | $9.15B / 16.2% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 94 bp spread prices in about 1.6% 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'' = 2.75 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in NFG'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 | 76 | $76.6M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 640 | $5.61B | 4 | $3.6M | 7 | $32.0M | 1 |
| 2026-03-31 | 640 | $5.41B | 5 | $2.6M | 5 | $7.3M | 0 |
| 2025-12-31 | 612 | $5.77B | 7 | $1.6M | 9 | $14.7M | 0 |
| 2025-09-30 | 613 | $6.38B | 4 | $7.8M | 8 | $23.3M | 0 |
| 2025-06-30 | 575 | $5.85B | 5 | $11.5M | 6 | $3.4M | 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.