PG&E Corporation bonds PCG
Who owns PG&E 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. PCG 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 |
|---|---|---|---|---|---|---|---|---|---|
| 694308HS9 | 3.3% fixed | 2027-03-15 | USD | 99.18 | 4.65% | 76 bp | 4 | $4.8M | Jul 2026 |
| 694308KF3 | 5.45% fixed | 2027-06-15 | USD | 100.62 | 4.71% | 72 bp | 8 | $19.2M | Jul 2026 |
| 694308JF5 | 2.1% fixed | 2027-08-01 | USD | 97.30 | 4.89% | 84 bp | 21 | $27.7M | Jul 2026 |
| 694308HW0 | 3.3% fixed | 2027-12-01 | USD | 98.12 | 4.77% | 66 bp | 13 | $19.5M | Jul 2026 |
| 69331CAL2 convertible | 4.25% fixed | 2027-12-01 | USD | 102.62 | — | — | 22 | $183.3M | Jul 2026 |
| 694308KW6 | 5% fixed | 2028-06-04 | USD | 100.26 | 4.84% | 65 bp | 18 | $29.8M | Jul 2026 |
| 694308JW8 | 3% fixed | 2028-06-15 | USD | 96.81 | 4.80% | 60 bp | 22 | $58.6M | Jul 2026 |
| 694308JK4 | 3.75% fixed | 2028-07-01 | USD | 98.17 | 4.76% | 55 bp | 13 | $26.3M | Jul 2026 |
| 69331CAH1 | 5% fixed | 2028-07-01 | USD | 99.08 | 5.51% | 130 bp | 44 | $188.4M | Jul 2026 |
| 694308JC2 | 4.65% fixed | 2028-08-01 | USD | 99.64 | 4.84% | 62 bp | 5 | $4.2M | Jul 2026 |
| 694308KL0 | 6.1% fixed | 2029-01-15 | USD | 102.62 | 4.95% | 71 bp | 33 | $63.2M | Jul 2026 |
| 694308KB2 | 4.2% fixed | 2029-03-01 | USD | 98.25 | 4.93% | 68 bp | 8 | $4.6M | Jul 2026 |
| 694308KQ9 | 5.55% fixed | 2029-05-15 | USD | 101.48 | 4.97% | 72 bp | 21 | $105.2M | Jul 2026 |
| 694308JM0 | 4.55% fixed | 2030-07-01 | USD | 97.79 | 5.18% | 89 bp | 25 | $136.8M | Jul 2026 |
| 69331CAJ7 | 5.25% fixed | 2030-07-01 | USD | 98.35 | 5.73% | 143 bp | 36 | $201.2M | Jul 2026 |
| 694308JG3 | 2.5% fixed | 2031-02-01 | USD | 89.23 | 5.22% | 90 bp | 33 | $85.5M | Jul 2026 |
| 694308JT5 | 3.25% fixed | 2031-06-01 | USD | 91.61 | 5.23% | 91 bp | 15 | $29.0M | Jul 2026 |
| 71710TAA6 | 1.46% fixed | 2031-07-15 | USD | 91.95 | 3.23% | -110 bp | 1 | $24K | Jul 2026 |
| 694308LC9 | 5.05% fixed | 2031-11-15 | USD | 98.96 | 5.28% | 93 bp | 28 | $76.2M | Jul 2026 |
| 694308LF2 | 5.25% fixed | 2032-02-01 | USD | 99.70 | 5.31% | 95 bp | 17 | $23.8M | Jul 2026 |
| 694308KC0 | 4.4% fixed | 2032-03-01 | USD | 95.60 | 5.32% | 95 bp | 5 | $8.8M | Jul 2026 |
| 694308KG1 | 5.9% fixed | 2032-06-15 | USD | 102.44 | 5.41% | 102 bp | 16 | $40.1M | Jul 2026 |
| 71710TAD0 | 5.045% fixed | 2032-07-15 | USD | 100.56 | 4.93% | 54 bp | 1 | $135K | Jul 2026 |
| 694308KY2 | 5.05% fixed | 2032-10-15 | USD | 98.37 | 5.36% | 95 bp | 13 | $52.2M | Jul 2026 |
| 694308KJ5 | 6.15% fixed | 2033-01-15 | USD | 103.21 | 5.55% | 113 bp | 16 | $27.9M | Jul 2026 |
| 71710TAG3 | 4.838% fixed | 2033-06-01 | USD | 99.22 | 4.97% | 52 bp | 4 | $5.7M | Jul 2026 |
| 694308KM8 | 6.4% fixed | 2033-06-15 | USD | 104.61 | 5.58% | 113 bp | 20 | $69.4M | Jul 2026 |
| 694308KP1 | 6.95% fixed | 2034-03-15 | USD | 107.61 | 5.70% | 121 bp | 16 | $37.0M | Jul 2026 |
| 694308KR7 | 5.8% fixed | 2034-05-15 | USD | 100.75 | 5.68% | 118 bp | 21 | $49.8M | Jul 2026 |
| 694308KU0 | 5.7% fixed | 2035-03-01 | USD | 99.49 | 5.78% | 124 bp | 12 | $22.6M | Jul 2026 |
| 694308KX4 | 6% fixed | 2035-08-15 | USD | 101.54 | 5.78% | 122 bp | 12 | $23.4M | Jul 2026 |
| 71710TAB4 | 2.28% fixed | 2036-01-15 | USD | 81.21 | 4.77% | 20 bp | 1 | $69K | Jul 2026 |
| 694308LA3 | 5.2% fixed | 2036-05-01 | USD | 95.19 | 5.85% | 126 bp | 28 | $40.8M | Jul 2026 |
| 694308LD7 | 5.6% fixed | 2036-08-15 | USD | 98.07 | 5.86% | 126 bp | 16 | $37.6M | Jul 2026 |
| 694308LG0 | 5.85% fixed | 2036-11-01 | USD | 99.86 | 5.87% | 125 bp | 22 | $23.9M | Jul 2026 |
| 693342AG2 | 4.722% fixed | 2037-06-01 | USD | 96.75 | 5.12% | 47 bp | 4 | $999K | Jul 2026 |
| 71710TAE8 | 5.256% fixed | 2038-01-15 | USD | 98.75 | 5.40% | 73 bp | 1 | $49K | Jul 2026 |
| 694308JQ1 | 4.5% fixed | 2040-07-01 | USD | 84.06 | 6.23% | 143 bp | 23 | $58.1M | Jul 2026 |
| 694308JH1 | 3.3% fixed | 2040-08-01 | USD | 73.15 | 6.20% | 139 bp | 18 | $33.4M | Jul 2026 |
| 694308JU2 | 4.2% fixed | 2041-06-01 | USD | 79.65 | 6.34% | 149 bp | 7 | $2.5M | Jul 2026 |
| 694308GY7 | 4.5% fixed | 2041-12-15 | USD | 82.56 | 6.28% | 154 bp | 5 | $38.0M | Jun 2026 |
| 694308GZ4 | 4.45% fixed | 2042-04-15 | USD | 80.44 | 6.45% | 156 bp | 4 | $1.2M | Jul 2026 |
| 71710TAH1 | 5.231% fixed | 2042-06-01 | USD | 97.52 | 5.47% | 57 bp | 7 | $5.0M | Jul 2026 |
| 694308HA8 | 3.75% fixed | 2042-08-15 | USD | 73.42 | 6.43% | 152 bp | 7 | $11.0M | Jul 2026 |
| 694308HD2 | 4.6% fixed | 2043-06-15 | USD | 80.64 | 6.51% | 156 bp | 7 | $1.2M | Jul 2026 |
| 694308HH3 | 4.75% fixed | 2044-02-15 | USD | 81.81 | 6.50% | 152 bp | 14 | $16.5M | Jul 2026 |
| 694308HL4 | 4.3% fixed | 2045-03-15 | USD | 76.07 | 6.54% | 150 bp | 12 | $8.1M | Jul 2026 |
| 694308HN0 | 4.25% fixed | 2046-03-15 | USD | 74.77 | 6.55% | 146 bp | 7 | $2.0M | Jul 2026 |
| 71710TAC2 | 2.822% fixed | 2046-07-15 | USD | 71.09 | 5.16% | 5 bp | 2 | $429K | Jul 2026 |
| 694308HR1 | 4% fixed | 2046-12-01 | USD | 71.70 | 6.53% | 142 bp | 16 | $19.4M | Jul 2026 |
| 71710TAF5 | 5.536% fixed | 2047-07-15 | USD | 95.26 | 5.93% | 82 bp | 5 | $3.5M | Jul 2026 |
| 694308HY6 | 3.95% fixed | 2047-12-01 | USD | 70.38 | 6.54% | 144 bp | 14 | $40.4M | Jul 2026 |
| 693342AJ6 | 5.212% fixed | 2047-12-01 | USD | 91.18 | 5.95% | 84 bp | 4 | $429K | Jul 2026 |
| 71710TAJ7 | 5.529% fixed | 2049-06-01 | USD | 95.27 | 5.91% | 80 bp | 4 | $5.6M | Jul 2026 |
| 694308JN8 | 4.95% fixed | 2050-07-01 | USD | 80.67 | 6.56% | 146 bp | 38 | $135.6M | Jul 2026 |
| 694308JJ7 | 3.5% fixed | 2050-08-01 | USD | 64.01 | 6.47% | 137 bp | 21 | $40.9M | Jul 2026 |
| 694308KD8 | 5.25% fixed | 2052-03-01 | USD | 83.11 | 6.63% | 152 bp | 9 | $6.5M | Jul 2026 |
| 693342AK3 | 5.099% fixed | 2052-06-01 | USD | 88.28 | 6.00% | 89 bp | 3 | $637K | Jul 2026 |
| 694308KH9 | 6.75% fixed | 2053-01-15 | USD | 101.23 | 6.65% | 155 bp | 23 | $11.4M | Jul 2026 |
| 694308KK2 | 6.7% fixed | 2053-04-01 | USD | 100.54 | 6.66% | 155 bp | 11 | $8.6M | Jul 2026 |
| 694308KT3 | 5.9% fixed | 2054-10-01 | USD | 90.58 | 6.64% | 154 bp | 14 | $6.0M | Jul 2026 |
| 694308KV8 | 6.15% fixed | 2055-03-01 | USD | 93.73 | 6.64% | 154 bp | 11 | $3.9M | Jul 2026 |
| 69331CAM0 | 7.375% fixed | 2055-03-15 | USD | 101.56 | 7.24% | 214 bp | 60 | $193.5M | Jul 2026 |
| 694308KZ9 | 6.1% fixed | 2055-10-15 | USD | 93.22 | 6.63% | 153 bp | 12 | $8.1M | Jul 2026 |
| 694308LB1 | 6% fixed | 2056-05-01 | USD | 92.11 | 6.61% | 151 bp | 26 | $32.2M | Jul 2026 |
| 694308LE5 | 6.3% fixed | 2056-08-15 | USD | 95.89 | 6.62% | 152 bp | 17 | $16.9M | Jul 2026 |
| 69331CAN8 | 6.85% fixed | 2056-09-15 | USD | 98.95 | 6.93% | 183 bp | 54 | $99.6M | 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 | 66 | $2.50B | 97.41 | 5.73% | 113 bp | 60 |
| Jun 2026 | 65 | $10.06B | 98.47 | 5.55% | 106 bp | 104 |
| May 2026 | 61 | $3.80B | 97.99 | 5.52% | 102 bp | 65 |
| Apr 2026 | 61 | $2.45B | 98.14 | 5.42% | 118 bp | 66 |
| Mar 2026 | 62 | $9.66B | 97.72 | 5.48% | 128 bp | 99 |
| Feb 2026 | 62 | $4.07B | 99.81 | 5.11% | 99 bp | 65 |
| Jan 2026 | 59 | $2.33B | 99.08 | 5.23% | 102 bp | 62 |
| Dec 2025 | 61 | $10.82B | 99.17 | 5.23% | 116 bp | 105 |
| Nov 2025 | 60 | $3.75B | 99.17 | 5.22% | 115 bp | 63 |
| Oct 2025 | 60 | $2.40B | 99.16 | 5.27% | 126 bp | 61 |
| Sep 2025 | 60 | $10.56B | 98.79 | 5.32% | 124 bp | 101 |
| Aug 2025 | 59 | $3.53B | 98.09 | 5.51% | 128 bp | 66 |
| Jul 2025 | 59 | $2.34B | 96.92 | 5.61% | 124 bp | 67 |
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. 338 added, 209 cut, 43 new holders and 25 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| PIMCO Income Fund PIMCO FUNDS | 2026-06-30 | $1.38B | $1.32B | -$18.7M |
| Bond Fund of America | 2026-06-30 | $837.6M | $811.6M | -$132.6M |
| American Balanced Fund | 2026-06-30 | $791.2M | $769.7M | $92.7M |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $707.6M | $660.1M | $43.9M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $659.0M | $615.3M | $52.4M |
| Income Fund of America | 2026-07-31 | $458.7M | $444.1M | -$14.1M |
| PIMCO Long Duration Credit Bond Portfolio PIMCO FUNDS | 2026-06-30 | $484.4M | $415.7M | $10.6M |
| PIMCO Total Return Fund PIMCO FUNDS | 2026-06-30 | $420.0M | $385.0M | $9.1M |
| Franklin Income Fund Franklin Custodian Funds | 2026-06-30 | $352.8M | $356.0M | $0 |
| JPMorgan Core Bond Fund JPMorgan Trust II | 2026-05-31 | $297.1M | $288.8M | -$6.0M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $271.8M | $278.6M | -$37.0M |
| VANGUARD WELLINGTON FUND | 2026-05-31 | $261.0M | $235.4M | $11.4M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $220.3M | $213.8M | $34.3M |
| iShares iBoxx $ Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $212.6M | $198.8M | -$19.9M |
| American High Income Trust | 2026-06-30 | $210.8M | $196.6M | -$1.1M |
| Lord Abbett Short Duration Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $192.3M | $192.8M | $93.9M |
| VANGUARD WELLESLEY INCOME FUND | 2026-06-30 | $210.2M | $189.7M | $0 |
| BlackRock Total Return Fund BlackRock Bond Fund, Inc. | 2026-06-30 | $203.6M | $189.4M | $24.3M |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $200.4M | $187.0M | -$7.3M |
| PIMCO Investment Grade Credit Bond Fund PIMCO FUNDS | 2026-06-30 | $174.5M | $159.1M | $13.7M |
| PIMCO Low Duration Income Fund PIMCO FUNDS | 2026-06-30 | $159.4M | $156.2M | $0 |
| The Bond Fund of America AMERICAN FUNDS INSURANCE SERIES | 2026-06-30 | $141.3M | $134.0M | -$4.6M |
| American Funds Multi-Sector Income Fund | 2026-06-30 | $143.8M | $133.6M | -$66.2M |
| JPMorgan Core Plus Bond Fund JPMorgan Trust II | 2026-05-31 | $131.2M | $131.5M | -$29.9M |
| Bridge Builder Core Plus Bond Fund Bridge Builder Trust | 2026-06-30 | $135.5M | $131.1M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): American Funds Inflation Linked Bond Fund ($12.5M), SIIT HIGH YIELD BOND FUND ($5.1M), Allspring Ultra Short-Term Income Fund ($5.0M), Simplify Kayne Anderson Energy and Infrastructure Credit ETF ($3.2M), First Trust Smith Opportunistic Fixed Income ETF ($2.1M), Strategy Shares Gold Enhanced Yield ETF ($1.8M), THRIVENT MODERATE ALLOCATION PORTFOLIO ($1.6M), ALPS | Smith Core Plus Bond ETF ($1.5M), First Trust Smith Unconstrained Bond ETF ($1.3M), Global X Investment Grade Corporate Bond ETF ($1.0M).
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 | 52 | $746.2M | $695.7M | 0.18% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 11 | $271.8M | $278.6M | 0.41% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 55 | $242.6M | $225.5M | 0.17% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 11 | $220.3M | $213.8M | 0.43% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 23 | $212.6M | $198.8M | 0.67% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 13 | $100.1M | $101.5M | 0.19% |
| MINT PIMCO Enhanced Short Maturity Active Exchange-Traded Fund | 2026-06-30 | 3 | $89.9M | $88.5M | 0.54% |
| USHY iShares Broad USD High Yield Corporate Bond ETF | 2026-07-31 | 4 | $87.3M | $87.0M | 0.30% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 44 | $80.7M | $74.9M | 0.43% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 12 | $72.8M | $71.4M | 0.32% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 10 | $71.3M | $69.2M | 0.10% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 9 | $68.5M | $68.4M | 0.64% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 11 | $64.7M | $65.9M | 0.36% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 62 | $69.8M | $64.4M | 0.15% |
| VCLT VANGUARD LONG-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 20 | $76.1M | $64.4M | 0.70% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 3.83: safer than 35% of companies (36th percentile in Utilities). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $35.24B |
| Debt barrier (short-term + ½ long-term debt) | $33.33B |
| Equity volatility (1 year) | 36.1% |
| Asset value / asset volatility (solved) | $67.18B / 18.9% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 113 bp spread prices in about 1.9% 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'' = 0.74 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in PCG'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 | 102 | $140.9M | 2 | $24.2M | 1 | $212K | 2 |
| 2026-06-30 | 943 | $36.42B | 38 | $263.3M | 44 | $1.84B | 75 |
| 2026-03-31 | 907 | $31.55B | 36 | $176.0M | 35 | $353.8M | 70 |
| 2025-12-31 | 882 | $34.23B | 33 | $279.8M | 39 | $523.2M | 71 |
| 2025-09-30 | 836 | $31.40B | 35 | $508.7M | 52 | $1.59B | 76 |
| 2025-06-30 | 764 | $29.45B | 35 | $408.5M | 43 | $877.8M | 71 |
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.