Realty Income Corporation bonds O
Who owns Realty Income 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. O 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 |
|---|---|---|---|---|---|---|---|---|---|
| 756109BY9 | 4.45% fixed | 2026-09-15 | USD | 99.99 | 4.53% | 80 bp | 5 | $4.8M | Jul 2026 |
| 756109AR5 | 4.125% fixed | 2026-10-15 | USD | 99.95 | 4.36% | 63 bp | 7 | $18.5M | Jul 2026 |
| XS2433105124 | 1.875% fixed | 2027-01-14 | GBP | 98.71 | 4.79% | — | 3 | $5.3M | Jul 2026 |
| 756109AS3 | 3% fixed | 2027-01-15 | USD | 99.40 | 4.33% | 51 bp | 7 | $6.8M | Jul 2026 |
| 756109BZ6 | 3.2% fixed | 2027-01-15 | USD | 99.48 | 4.36% | 54 bp | 5 | $15.8M | Jul 2026 |
| 756109BB9 | 1.125% fixed | 2027-07-13 | GBP | 95.38 | 5.13% | — | 2 | $16.6M | Apr 2026 |
| 756109BG8 | 3.95% fixed | 2027-08-15 | USD | 99.56 | 4.39% | 33 bp | 17 | $13.1M | Jul 2026 |
| 756109BH6 | 3.4% fixed | 2028-01-15 | USD | 98.30 | 4.62% | 49 bp | 11 | $9.8M | Jul 2026 |
| 756109AU8 | 3.65% fixed | 2028-01-15 | USD | 98.75 | 4.55% | 42 bp | 10 | $11.4M | Jul 2026 |
| 756109CA0 | 2.1% fixed | 2028-03-15 | USD | 96.22 | 4.54% | 38 bp | 7 | $34.7M | Jul 2026 |
| 756109BJ2 | 2.2% fixed | 2028-06-15 | USD | 95.71 | 4.61% | 41 bp | 11 | $8.8M | Jul 2026 |
| 756109BS2 | 4.7% fixed | 2028-12-15 | USD | 100.00 | 4.70% | 46 bp | 10 | $10.7M | Jul 2026 |
| 756109CY8 convertible | 3.5% fixed | 2029-01-15 | USD | 103.86 | — | — | 18 | $101.4M | Jul 2026 |
| 756109CW2 | 3.95% fixed | 2029-02-01 | USD | 98.25 | 4.70% | 46 bp | 9 | $11.3M | Jul 2026 |
| 756109CF9 | 4.75% fixed | 2029-02-15 | USD | 100.00 | 4.75% | 51 bp | 11 | $39.8M | Jul 2026 |
| 756109AW4 | 3.25% fixed | 2029-06-15 | USD | 95.99 | 4.76% | 50 bp | 8 | $7.2M | Jul 2026 |
| 756109CB8 | 4% fixed | 2029-07-15 | USD | 98.01 | 4.73% | 47 bp | 14 | $32.5M | Jul 2026 |
| 756109CR3 | 5% fixed | 2029-10-15 | GBP | 99.42 | 5.19% | — | 2 | $8.6M | Jul 2026 |
| 756109BK9 | 3.1% fixed | 2029-12-15 | USD | 94.78 | 4.79% | 52 bp | 14 | $24.6M | Jul 2026 |
| 756109CC6 | 3.4% fixed | 2030-01-15 | USD | 95.14 | 4.94% | 67 bp | 13 | $22.1M | Jul 2026 |
| 756109BR4 | 4.85% fixed | 2030-03-15 | USD | 99.92 | 4.87% | 59 bp | 9 | $10.0M | Jul 2026 |
| 756109BU7 | 4.875% fixed | 2030-07-06 | EUR | 104.08 | 3.74% | — | 12 | $56.7M | Jul 2026 |
| 756109AY0 | 1.625% fixed | 2030-12-15 | GBP | 85.89 | 5.28% | — | 1 | $2.3M | Jul 2026 |
| 756109AX2 | 3.25% fixed | 2031-01-15 | USD | 93.24 | 4.96% | 65 bp | 13 | $22.6M | Jul 2026 |
| 756109CD4 | 3.2% fixed | 2031-02-15 | USD | 92.83 | 4.98% | 67 bp | 8 | $8.2M | Jul 2026 |
| 756109CU6 | 3.375% fixed | 2031-06-20 | EUR | 98.00 | 3.83% | — | 8 | $24.5M | Jul 2026 |
| 756109BW3 | 5.75% fixed | 2031-12-05 | GBP | 101.60 | 5.40% | — | 3 | $9.1M | Jul 2026 |
| 756109CE2 | 2.7% fixed | 2032-02-15 | USD | 88.30 | 5.15% | 79 bp | 8 | $24.9M | Jul 2026 |
| 756109DC5 | 3.63% fixed | 2032-07-30 | EUR | 98.07 | 4.00% | — | 5 | $2.5M | Jul 2026 |
| 756109BP8 | 5.625% fixed | 2032-10-13 | USD | 102.47 | 5.15% | 74 bp | 11 | $23.7M | Jul 2026 |
| 756109BL7 | 2.85% fixed | 2032-12-15 | USD | 87.69 | 5.14% | 72 bp | 11 | $34.7M | Jul 2026 |
| 756109CX0 | 4.5% fixed | 2033-02-01 | USD | 95.90 | 5.25% | 82 bp | 11 | $22.1M | Jul 2026 |
| 756109BA1 | 1.8% fixed | 2033-03-15 | USD | 81.50 | 5.13% | 69 bp | 9 | $8.5M | Jul 2026 |
| 756109DB7 | 4.75% fixed | 2033-04-15 | USD | 97.21 | 5.25% | 81 bp | 10 | $46.0M | Jul 2026 |
| 756109BC7 | 1.75% fixed | 2033-07-13 | GBP | 78.10 | 5.60% | — | 6 | $8.7M | Jul 2026 |
| 756109BT0 | 4.9% fixed | 2033-07-15 | USD | 97.76 | 5.29% | 83 bp | 10 | $13.7M | Jul 2026 |
| 756109CG7 | 5.125% fixed | 2034-02-15 | USD | 98.83 | 5.31% | 83 bp | 13 | $14.8M | Jul 2026 |
| 756109BV5 | 5.125% fixed | 2034-07-06 | EUR | 106.01 | 4.22% | — | 8 | $23.1M | Jul 2026 |
| 756109AG9 | 5.88% fixed | 2035-03-15 | USD | 102.70 | 5.48% | 95 bp | 2 | $2.2M | Jul 2026 |
| 756109CT9 | 5.125% fixed | 2035-04-15 | USD | 97.70 | 5.46% | 92 bp | 16 | $34.4M | Jul 2026 |
| 756109CV4 | 3.875% fixed | 2035-06-20 | EUR | 96.88 | 4.30% | — | 10 | $41.5M | Jul 2026 |
| 756109BX1 | 6% fixed | 2039-12-05 | GBP | 97.12 | 6.32% | — | 7 | $15.3M | Jul 2026 |
| 756109CS1 | 5.25% fixed | 2041-09-04 | GBP | 88.69 | 6.43% | — | 7 | $6.7M | Jul 2026 |
| 756109BN3 | 2.5% fixed | 2042-01-14 | GBP | 61.76 | 6.44% | — | 3 | $1.9M | Jul 2026 |
| 756109AT1 | 4.65% fixed | 2047-03-15 | USD | 84.13 | 6.00% | 89 bp | 6 | $2.1M | Jul 2026 |
| 756109CQ5 | 5.375% fixed | 2054-09-01 | USD | 92.05 | 5.96% | 86 bp | 5 | $1.3M | 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 | 45 | $848.7M | 98.00 | 4.96% | 67 bp | 18 |
| Jun 2026 | 42 | $1.15B | 98.83 | 4.73% | 52 bp | 36 |
| May 2026 | 34 | $1.08B | 98.81 | 4.69% | 55 bp | 32 |
| Apr 2026 | 46 | $852.3M | 98.54 | 4.66% | 70 bp | 19 |
| Mar 2026 | 44 | $1.16B | 98.81 | 4.61% | 78 bp | 36 |
| Feb 2026 | 34 | $1.05B | 100.05 | 4.10% | 46 bp | 31 |
| Jan 2026 | 46 | $799.2M | 99.53 | 4.29% | 56 bp | 15 |
| Dec 2025 | 44 | $1.14B | 99.34 | 4.15% | 56 bp | 38 |
| Nov 2025 | 34 | $1.07B | 99.57 | 4.11% | 49 bp | 32 |
| Oct 2025 | 47 | $835.0M | 99.14 | 4.22% | 61 bp | 14 |
| Sep 2025 | 45 | $1.25B | 99.38 | 4.19% | 58 bp | 37 |
| Aug 2025 | 34 | $1.02B | 99.55 | 4.32% | 50 bp | 34 |
| Jul 2025 | 45 | $755.3M | 98.27 | 4.51% | 57 bp | 15 |
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. 103 added, 87 cut, 9 new holders and 38 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 | $191.4M | $184.0M | -$1.2M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $162.0M | $159.0M | $45.0M |
| VANGUARD WELLINGTON FUND | 2026-05-31 | $160.8M | $156.3M | -$5.4M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $160.5M | $152.7M | $2.6M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $153.7M | $150.1M | $11.8M |
| VANGUARD WELLESLEY INCOME FUND | 2026-06-30 | $141.2M | $136.2M | $0 |
| Dimensional Core Fixed Income ETF Dimensional ETF Trust | 2026-07-31 | $73.8M | $75.4M | $11.2M |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $63.4M | $61.2M | -$1.8M |
| VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $62.2M | $59.7M | -$7.4M |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $59.7M | $58.0M | $177K |
| PGIM Short-Term Corporate Bond Fund Prudential Short-Term Corporate Bond Fund, Inc. | 2026-06-30 | $59.4M | $57.8M | -$6.0M |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $57.2M | $56.5M | $5.5M |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $56.1M | $55.8M | $14.0M |
| Dimensional Short-Duration Fixed Income ETF Dimensional ETF Trust | 2026-07-31 | $54.8M | $52.7M | $1.5M |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $46.1M | $44.9M | $850K |
| JPMorgan Ultra-Short Income ETF J.P. Morgan Exchange-Traded Fund Trust | 2026-05-31 | $44.8M | $44.3M | -$24.1M |
| VANGUARD ULTRA-SHORT-TERM BOND FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $42.3M | $41.3M | $6.6M |
| VANGUARD TOTAL INTERNATIONAL BOND II INDEX FUND VANGUARD CHARLOTTE FUNDS | 2026-07-31 | $34.7M | $40.9M | -$6.9M |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $39.6M | $39.3M | $0 |
| VANGUARD ULTRA-SHORT BOND ETF VANGUARD BOND INDEX FUNDS | 2026-06-30 | $39.6M | $38.8M | $14.2M |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $37.7M | $36.6M | $319K |
| VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND VANGUARD CHARLOTTE FUNDS | 2026-07-31 | $30.2M | $35.5M | -$5.9M |
| Fidelity Real Estate Income Fund Fidelity Securities Fund | 2026-07-31 | $32.5M | $32.1M | $7.0M |
| State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $30.4M | $29.9M | $3.2M |
| PGIM Ultra Short Bond ETF PGIM ETF Trust | 2026-05-29 | $29.8M | $29.6M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Putnam Ultra Short Duration Income Fund ($40.0M), JPMorgan Managed Income Fund ($5.6M), VANGUARD LONG-TERM INVESTMENT-GRADE FUND ($3.7M), Aristotle Core Income Fund ($3.6M), KraneShares Sustainable Ultra Short Duration Index ETF ($3.0M), T. Rowe Price New Income Fund, Inc. ($2.8M), JPMorgan Global Active Allocation Portfolio ($2.3M), AST J.P. Morgan Fixed Income Central Portfolio ($1.7M), JNL/PPM America Total Return Fund ($1.7M), SIIT INTERMEDIATE DURATION CREDIT FUND ($1.5M).
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 | 21 | $191.4M | $184.0M | 0.05% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 9 | $162.0M | $159.0M | 0.23% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 15 | $153.7M | $150.1M | 0.30% |
| DFCF Dimensional Core Fixed Income ETF | 2026-07-31 | 17 | $73.8M | $75.4M | 0.69% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 26 | $63.4M | $61.2M | 0.04% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 14 | $59.7M | $58.0M | 0.08% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 8 | $57.2M | $56.5M | 0.11% |
| DFSD Dimensional Short-Duration Fixed Income ETF | 2026-07-31 | 18 | $54.8M | $52.7M | 0.74% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 15 | $46.1M | $44.9M | 0.20% |
| JPST JPMorgan Ultra-Short Income ETF | 2026-05-31 | 2 | $44.8M | $44.3M | 0.12% |
| VUSB VANGUARD ULTRA-SHORT BOND ETF | 2026-06-30 | 7 | $39.6M | $38.8M | 0.43% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 10 | $37.7M | $36.6M | 0.20% |
| BNDX VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND | 2026-07-31 | 8 | $30.2M | $35.5M | 0.03% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 10 | $30.4M | $29.9M | 0.28% |
| PULS PGIM Ultra Short Bond ETF | 2026-05-29 | 2 | $29.8M | $29.6M | 0.18% |
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 67 bp spread prices in about 1.1% 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 O'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 | 220 | $395.4M | 1 | $7.7M | 0 | — | 0 |
| 2026-06-30 | 1,451 | $45.04B | 27 | $249.8M | 29 | $383.0M | 2 |
| 2026-03-31 | 1,431 | $32.75B | 28 | $250.9M | 30 | $397.0M | 2 |
| 2025-12-31 | 1,356 | $39.67B | 26 | $245.0M | 32 | $348.9M | 1 |
| 2025-09-30 | 1,329 | $41.81B | 29 | $295.3M | 32 | $435.8M | 1 |
| 2025-06-30 | 1,280 | $39.75B | 29 | $272.3M | 31 | $457.1M | 1 |
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.