NIO Inc. bonds NIO
Who owns NIO 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. NIO 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 |
|---|---|---|---|---|---|---|---|---|---|
| 62914VAJ5 | 3.88% fixed | 2029-10-15 | USD | 101.09 | 3.51% | -75 bp | 2 | $37.7M | Jul 2026 |
| 62914VAK2 | 4.63% fixed | 2030-10-15 | USD | 100.12 | 4.60% | 30 bp | 4 | $27.3M | 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 | 2 | $65.0M | 100.61 | 4.06% | -23 bp | 4 |
| Jun 2026 | 2 | $25.5M | 100.37 | 4.13% | -4 bp | 4 |
| May 2026 | 1 | $35K | 102.33 | 4.04% | -7 bp | 1 |
| Apr 2026 | 2 | $63.2M | 105.00 | 2.89% | -99 bp | 5 |
| Mar 2026 | 2 | $14.5M | 100.84 | 3.98% | 18 bp | 2 |
| Jan 2026 | 2 | $53.1M | 92.33 | 6.33% | 262 bp | 4 |
| Dec 2025 | 2 | $14.8M | 93.39 | 5.99% | 234 bp | 2 |
| Oct 2025 | 2 | $54.1M | 102.32 | 3.66% | 4 bp | 4 |
| Sep 2025 | 2 | $16.8M | 105.67 | 2.89% | -75 bp | 2 |
| Jul 2025 | 2 | $41.6M | 78.48 | 10.10% | 616 bp | 3 |
| Jun 2025 | 2 | $12.7M | 67.61 | 13.71% | 976 bp | 5 |
| Apr 2025 | 2 | $40.7M | 73.12 | 11.54% | 763 bp | 3 |
| Mar 2025 | 2 | $13.6M | 71.47 | 11.98% | 793 bp | 5 |
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. 3 added, 0 cut, 3 new holders and 1 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Calamos Market Neutral Income Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $40.0M | $40.3M | $0 |
| iShares Convertible Bond ETF iShares Trust | 2026-07-31 | $23.9M | $24.0M | $4.7M |
| State Street(R) SPDR(R) Bloomberg Convertible Securities ETF SPDR SERIES TRUST | 2026-06-30 | $16.6M | $16.6M | $2.4M |
| AQR Diversified Arbitrage Fund AQR Funds | 2026-06-30 | $8.6M | $8.6M | new |
| Calamos Global Convertible Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $646K | $647K | $0 |
| 1290 VT Convertible Securities Portfolio EQ Advisors Trust | 2026-06-30 | $215K | $216K | $50K |
| JNL Multi-Manager Alternative Fund JNL Series Trust | 2026-06-30 | $108K | $107K | new |
| PACE Alternative Strategies Investments PACE SELECT ADVISORS TRUST | 2026-07-31 | $42K | $42K | $0 |
| Franklin Alternative Strategies Fund Franklin Alternative Strategies Funds | 2026-05-29 | $34K | $35K | new |
| First Trust SSI Strategic Convertible Securities ETF First Trust Exchange-Traded Fund IV | 2026-07-31 | $0 | $0 | -$265K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): First Trust SSI Strategic Convertible Securities ETF ($265K).
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.
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 3.76: safer than 34% of companies (33th percentile in Consumer Cyclical). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $8.12B |
| Debt barrier (short-term + ½ long-term debt) | $2.29B |
| Equity volatility (1 year) | 49.7% |
| Asset value / asset volatility (solved) | $10.32B / 39.1% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A -23 bp spread prices in about 0.0% 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'' = -0.06 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in NIO'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 | 42 | $3.3M | 0 | — | 3 | $1.3M | 0 |
| 2026-06-30 | 415 | $1.39B | 33 | $450.2M | 29 | $199.5M | 32 |
| 2026-03-31 | 426 | $1.66B | 32 | $684.8M | 29 | $486.7M | 39 |
| 2025-12-31 | 428 | $1.61B | 38 | $749.6M | 35 | $469.1M | 38 |
| 2025-09-30 | 400 | $2.39B | 37 | $1.13B | 36 | $682.0M | 40 |
| 2025-06-30 | 380 | $588.2M | 36 | $359.7M | 26 | $249.9M | 39 |
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.