NetApp, Inc. bonds NTAP
Who owns NetApp, 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. NTAP 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 |
|---|---|---|---|---|---|---|---|---|---|
| 64110DAJ3 | 2.38% fixed | 2027-06-22 | USD | 98.17 | 4.50% | 49 bp | 7 | $9.3M | Jul 2026 |
| 64110DAK0 | 2.7% fixed | 2030-06-22 | USD | 91.46 | 5.15% | 86 bp | 12 | $12.1M | Jul 2026 |
| 64110DAM6 | 5.5% fixed | 2032-03-17 | USD | 100.92 | 5.31% | 94 bp | 13 | $46.8M | Jul 2026 |
| 64110DAN4 | 5.7% fixed | 2035-03-17 | USD | 100.65 | 5.60% | 107 bp | 11 | $4.1M | 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 | 4 | $72.3M | 99.41 | 5.31% | 94 bp | 13 |
| Jun 2026 | 4 | $286.1M | 100.07 | 5.06% | 81 bp | 44 |
| May 2026 | 4 | $123.0M | 100.15 | 4.93% | 78 bp | 21 |
| Apr 2026 | 4 | $68.8M | 99.88 | 4.95% | 99 bp | 14 |
| Mar 2026 | 4 | $311.1M | 99.70 | 4.95% | 108 bp | 46 |
| Feb 2026 | 4 | $125.6M | 101.10 | 4.49% | 78 bp | 22 |
| Jan 2026 | 4 | $64.8M | 100.82 | 4.60% | 79 bp | 14 |
| Dec 2025 | 4 | $337.4M | 100.90 | 4.57% | 83 bp | 50 |
| Nov 2025 | 4 | $118.1M | 101.06 | 4.50% | 78 bp | 21 |
| Oct 2025 | 4 | $63.2M | 100.68 | 4.59% | 89 bp | 13 |
| Sep 2025 | 4 | $323.7M | 100.52 | 4.61% | 89 bp | 50 |
| Aug 2025 | 4 | $115.4M | 99.89 | 4.70% | 83 bp | 22 |
| Jul 2025 | 4 | $64.0M | 99.18 | 4.92% | 89 bp | 12 |
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. 38 added, 26 cut, 4 new holders and 7 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $43.2M | $41.9M | -$8.3M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $40.2M | $41.1M | -$5.1M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $40.9M | $40.1M | -$5.7M |
| VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $34.9M | $35.3M | $0 |
| Loomis Sayles Investment Grade Bond Fund LOOMIS SAYLES FUNDS II | 2026-06-30 | $29.3M | $30.0M | $0 |
| PIMCO Total Return Fund PIMCO FUNDS | 2026-06-30 | $31.1M | $28.7M | $0 |
| LORD ABBETT BOND DEBENTURE FUND INC | 2026-06-30 | $21.8M | $20.1M | $0 |
| Bridge Builder Core Plus Bond Fund Bridge Builder Trust | 2026-06-30 | $14.8M | $15.2M | $0 |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $14.4M | $13.6M | $2.5M |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $12.3M | $12.6M | $157K |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $10.9M | $10.7M | $350K |
| Thornburg Strategic Income Fund THORNBURG INVESTMENT TRUST | 2026-06-30 | $9.9M | $10.1M | $0 |
| iMGP Dolan McEniry Corporate Bond Fund LITMAN GREGORY FUNDS TRUST | 2026-06-30 | $9.6M | $9.9M | $0 |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $8.9M | $9.1M | -$11K |
| Loomis Sayles Income Fund LOOMIS SAYLES FUNDS I | 2026-06-30 | $8.0M | $8.1M | $0 |
| BlackRock Systematic Multi-Strategy Fund BlackRock Funds IV | 2026-06-30 | $7.7M | $7.6M | $0 |
| Baird Intermediate Bond Fund Baird Funds Inc | 2026-06-30 | $7.0M | $7.2M | $0 |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $7.0M | $6.6M | -$1.2M |
| Thornburg Limited Term Income Fund THORNBURG INVESTMENT TRUST | 2026-06-30 | $6.4M | $6.6M | $0 |
| Schwab 5-10 Year Corporate Bond ETF SCHWAB STRATEGIC TRUST | 2026-06-30 | $6.3M | $6.5M | $245K |
| Invesco BulletShares 2027 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $5.6M | $5.5M | $89K |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $5.1M | $5.0M | -$85K |
| Loomis Sayles Strategic Income Fund LOOMIS SAYLES FUNDS II | 2026-06-30 | $4.9M | $5.0M | $0 |
| iShares iBonds Dec 2030 Term Corporate ETF iShares Trust | 2026-07-31 | $5.1M | $4.7M | $310K |
| Invesco BulletShares 2030 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $4.7M | $4.4M | $240K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): VANGUARD SHORT-TERM BOND INDEX FUND ($5.5M), State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF ($2.9M), PIMCO Sector Fund Series - I ($1.6M), Madison Short-Term Strategic Income ETF ($350K), Invesco Core Bond Fund ($200K), Bond Market Index Account ($160K), Destinations Core Fixed Income Fund ($68K).
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 | 3 | $43.2M | $41.9M | 0.01% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 2 | $40.2M | $41.1M | 0.06% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 2 | $14.4M | $13.6M | 0.03% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 2 | $12.3M | $12.6M | 0.02% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 4 | $10.9M | $10.7M | 0.01% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $8.9M | $9.1M | 0.05% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $7.0M | $6.6M | 0.03% |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 2026-06-30 | 2 | $6.3M | $6.5M | 0.06% |
| BSCR Invesco BulletShares 2027 Corporate Bond ETF | 2026-05-31 | 1 | $5.6M | $5.5M | 0.12% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 4 | $5.1M | $5.0M | 0.03% |
| IBDV iShares iBonds Dec 2030 Term Corporate ETF | 2026-07-31 | 1 | $5.1M | $4.7M | 0.14% |
| BSCU Invesco BulletShares 2030 Corporate Bond ETF | 2026-05-31 | 1 | $4.7M | $4.4M | 0.17% |
| SUSB iShares ESG Aware 1-5 Year USD Corporate Bond ETF | 2026-05-31 | 2 | $4.5M | $4.3M | 0.36% |
| PRIV State Street(R) IG Public & Private Credit ETF | 2026-07-31 | 1 | $3.9M | $3.9M | 0.47% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 3 | $4.0M | $3.9M | 0.03% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 7.67: safer than 70% of companies (70th percentile in Technology). Market-implied, prices to 2026-10-16, balance sheet 2026-07-31.
| Equity value | $40.68B |
| Debt barrier (short-term + ½ long-term debt) | $1.52B |
| Equity volatility (1 year) | 44.2% |
| Asset value / asset volatility (solved) | $42.13B / 42.7% |
| 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 = 4.00 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in NTAP'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 | 140 | $454.8M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 949 | $29.16B | 18 | $206.4M | 23 | $294.6M | 0 |
| 2026-03-31 | 843 | $16.17B | 19 | $46.2M | 18 | $110.8M | 0 |
| 2025-12-31 | 888 | $20.44B | 26 | $103.8M | 23 | $167.9M | 0 |
| 2025-09-30 | 865 | $22.32B | 24 | $109.2M | 25 | $183.1M | 0 |
| 2025-06-30 | 833 | $20.38B | 20 | $102.2M | 25 | $182.6M | 0 |
Officials trading NTAP bonds
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.