Northern Trust Corporation bonds NTRSO
Who owns Northern Trust 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. NTRSO 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 |
|---|---|---|---|---|---|---|---|---|---|
| 665859AQ7 | 4.6% fixed | 2026-10-01 | USD | 99.71 | 6.33% | 260 bp | 6 | $8.6M | Jul 2026 |
| 665859AW4 | 4% fixed | 2027-05-10 | USD | 99.78 | 4.28% | 32 bp | 3 | $7.8M | Jul 2026 |
| 665859AT1 | 3.65% fixed | 2028-08-03 | USD | 98.53 | 4.42% | 20 bp | 6 | $5.0M | Jul 2026 |
| 665859AU8 | 3.15% fixed | 2029-05-03 | USD | 96.25 | 4.61% | 36 bp | 10 | $6.4M | Jul 2026 |
| 665859AV6 | 1.95% fixed | 2030-05-01 | USD | 90.38 | 4.78% | 50 bp | 14 | $26.8M | Jul 2026 |
| 665859AY0 | 4.15% fixed | 2030-11-19 | USD | 97.55 | 4.79% | 48 bp | 18 | $16.5M | Jul 2026 |
| 665859AS3 | 3.375% fixed | 2032-05-08 | USD | 98.76 | 3.61% | -77 bp | 9 | $29.9M | Jul 2026 |
| 665859AX2 | 6.125% fixed | 2032-11-02 | USD | 105.57 | 5.07% | 66 bp | 7 | $7.5M | Jul 2026 |
| 665859AZ7 | 5.117% fixed | 2040-11-19 | USD | 95.65 | 5.56% | 74 bp | 18 | $48.8M | 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 | 9 | $157.4M | 98.53 | 4.78% | 48 bp | 18 |
| Jun 2026 | 9 | $256.4M | 98.62 | 4.53% | 34 bp | 40 |
| May 2026 | 9 | $264.2M | 98.83 | 4.44% | 32 bp | 22 |
| Apr 2026 | 9 | $172.4M | 98.98 | 4.30% | 43 bp | 22 |
| Mar 2026 | 9 | $333.9M | 99.16 | 4.30% | 52 bp | 40 |
| Feb 2026 | 9 | $299.5M | 100.22 | 3.86% | 27 bp | 25 |
| Jan 2026 | 9 | $183.0M | 99.78 | 4.05% | 36 bp | 21 |
| Dec 2025 | 9 | $345.0M | 99.75 | 4.05% | 42 bp | 41 |
| Nov 2025 | 9 | $286.6M | 99.69 | 3.97% | 36 bp | 24 |
| Oct 2025 | 7 | $93.9M | 99.38 | 3.97% | 41 bp | 13 |
| Sep 2025 | 8 | $237.2M | 99.45 | 4.03% | 45 bp | 32 |
| Aug 2025 | 8 | $277.2M | 99.26 | 4.02% | 31 bp | 26 |
| Jul 2025 | 8 | $101.3M | 98.82 | 4.29% | 41 bp | 14 |
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. 30 added, 73 cut, 6 new holders and 18 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 | $70.1M | $69.3M | -$17.2M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $50.5M | $47.8M | -$34.3M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $45.1M | $45.2M | $14.3M |
| VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $36.7M | $35.1M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $35.2M | $34.7M | -$2.2M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $33.3M | $33.8M | -$7.5M |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $30.2M | $29.8M | $0 |
| DFA Investment Grade Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $18.5M | $16.7M | -$900K |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $16.5M | $15.7M | -$7.2M |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $17.2M | $15.6M | $0 |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $15.3M | $14.6M | -$5.5M |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $12.4M | $13.0M | $565K |
| iShares iBoxx $ Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $11.6M | $11.3M | $6.8M |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $10.0M | $10.3M | $368K |
| Invesco BulletShares 2027 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $10.2M | $10.2M | $147K |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $9.8M | $9.8M | -$850K |
| Invesco BulletShares 2030 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $10.2M | $9.5M | $524K |
| Schwab 5-10 Year Corporate Bond ETF SCHWAB STRATEGIC TRUST | 2026-06-30 | $9.2M | $9.4M | $725K |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $9.2M | $9.1M | -$30K |
| iShares iBonds Dec 2030 Term Corporate ETF iShares Trust | 2026-07-31 | $8.8M | $8.2M | $571K |
| Diversified Bond Fund American Century Investment Trust | 2026-06-30 | $8.2M | $8.1M | $0 |
| Federated Hermes Total Return Bond Fund Federated Hermes Total Return Series, Inc. | 2026-05-31 | $7.1M | $7.6M | $0 |
| iShares iBonds Dec 2027 Term Corporate ETF iShares Trust | 2026-07-31 | $7.2M | $7.2M | $112K |
| Virtus Newfleet Multi-Sector Short Term Bond Fund Virtus Opportunities Trust | 2026-06-30 | $7.2M | $7.1M | new |
| VictoryShares Short-Term Bond ETF Victory Portfolios II | 2026-06-30 | $7.2M | $7.1M | $2.0M |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): CTIVP - American Century Diversified Bond Fund ($6.0M), VANGUARD STAR CORE-PLUS BOND FUND ($5.7M), Avantis Short-Term Fixed Income ETF ($3.3M), Nomura Extended Duration Bond Fund ($3.0M), JPMorgan Core Bond Fund ($2.8M), Avantis Core Fixed Income ETF ($1.4M), VANGUARD GLOBAL CREDIT BOND FUND ($1.1M), Nuveen Short Term Bond Index Fund ($750K), Strategy Shares Gold Enhanced Yield ETF ($460K), PD 1-3 Year Corporate Bond Portfolio ($350K).
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 | 6 | $70.1M | $69.3M | 0.02% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 4 | $50.5M | $47.8M | 0.10% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 2 | $45.1M | $45.2M | 0.07% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 8 | $35.2M | $34.7M | 0.03% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 4 | $16.5M | $15.7M | 0.02% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 5 | $15.3M | $14.6M | 0.07% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 2 | $12.4M | $13.0M | 0.02% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $11.6M | $11.3M | 0.04% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $10.0M | $10.3M | 0.06% |
| BSCR Invesco BulletShares 2027 Corporate Bond ETF | 2026-05-31 | 1 | $10.2M | $10.2M | 0.22% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 5 | $9.8M | $9.8M | 0.08% |
| BSCU Invesco BulletShares 2030 Corporate Bond ETF | 2026-05-31 | 2 | $10.2M | $9.5M | 0.38% |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 2026-06-30 | 2 | $9.2M | $9.4M | 0.08% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 8 | $9.2M | $9.1M | 0.05% |
| IBDV iShares iBonds Dec 2030 Term Corporate ETF | 2026-07-31 | 2 | $8.8M | $8.2M | 0.25% |
Default risk, three ways
Stock market: distance-to-default
Not computed: financial company (banks, insurers, BDCs and REITs carry leverage as their business, which the model misreads).
Bond market: priced-in odds
A 48 bp spread prices in about 0.8% 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
Not available.
The stock side: 13F filings
What institutions report holding in NTRSO'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 | 138 | $254.6M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 1,010 | $26.26B | 14 | $42.2M | 11 | $76.6M | 0 |
| 2026-03-31 | 945 | $17.77B | 14 | $27.3M | 11 | $73.6M | 0 |
| 2025-12-31 | 903 | $20.63B | 13 | $19.9M | 14 | $79.8M | 0 |
| 2025-09-30 | 865 | $21.24B | 14 | $36.2M | 14 | $364.8M | 0 |
| 2025-06-30 | 834 | $20.87B | 15 | $255.6M | 17 | $292.8M | 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.