Piedmont Office Realty Trust, Inc. bonds PDM
Who owns Piedmont Office Realty Trust, 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. PDM 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 |
|---|---|---|---|---|---|---|---|---|---|
| 720198AG5 | 9.25% fixed | 2028-07-20 | USD | 107.28 | 5.31% | 109 bp | 3 | $5.3M | Jul 2026 |
| 720198AJ9 | 6.875% fixed | 2029-07-15 | USD | 104.11 | 5.35% | 110 bp | 16 | $37.8M | Jul 2026 |
| 720198AE0 | 3.15% fixed | 2030-08-15 | USD | 91.35 | 5.57% | 127 bp | 15 | $22.4M | Jul 2026 |
| 720198AF7 | 2.75% fixed | 2032-04-01 | USD | 85.12 | 5.87% | 150 bp | 10 | $9.9M | Jul 2026 |
| 720198AK6 | 5.625% fixed | 2033-01-15 | USD | 98.29 | 5.95% | 152 bp | 18 | $28.7M | 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 | 5 | $104.1M | 98.29 | 5.57% | 127 bp | 18 |
| Jun 2026 | 5 | $236.3M | 99.59 | 5.39% | 121 bp | 38 |
| May 2026 | 5 | $183.6M | 99.19 | 5.48% | 138 bp | 30 |
| Apr 2026 | 5 | $86.2M | 98.45 | 5.53% | 163 bp | 17 |
| Mar 2026 | 5 | $243.1M | 97.22 | 5.78% | 197 bp | 42 |
| Feb 2026 | 5 | $191.3M | 100.51 | 4.94% | 131 bp | 29 |
| Jan 2026 | 5 | $80.7M | 100.54 | 5.10% | 136 bp | 14 |
| Dec 2025 | 5 | $247.7M | 101.09 | 5.15% | 148 bp | 40 |
| Nov 2025 | 5 | $197.3M | 100.78 | 5.18% | 152 bp | 28 |
| Oct 2025 | 4 | $91.1M | 98.54 | 5.18% | 158 bp | 17 |
| Sep 2025 | 4 | $228.4M | 98.36 | 5.23% | 160 bp | 46 |
| Aug 2025 | 4 | $164.5M | 98.15 | 5.28% | 152 bp | 34 |
| Jul 2025 | 4 | $76.8M | 96.81 | 5.62% | 166 bp | 17 |
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. 40 added, 31 cut, 5 new holders and 11 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| LORD ABBETT BOND DEBENTURE FUND INC | 2026-06-30 | $46.8M | $49.3M | $0 |
| Strategic Advisers Fidelity Core Income Fund Fidelity Rutland Square Trust II | 2026-05-31 | $27.3M | $27.1M | $0 |
| PIMCO Total Return Fund PIMCO FUNDS | 2026-06-30 | $24.1M | $22.7M | $0 |
| Dimensional Global Core Plus Fixed Income ETF Dimensional ETF Trust | 2026-07-31 | $23.2M | $22.3M | $11.9M |
| Lord Abbett Short Duration High Yield Fund LORD ABBETT TRUST I | 2026-07-31 | $17.9M | $18.8M | -$3.8M |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $18.7M | $18.2M | -$200K |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $14.4M | $14.9M | $0 |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $14.3M | $13.5M | $5.1M |
| American Funds Multi-Sector Income Fund | 2026-06-30 | $12.6M | $12.6M | -$1.5M |
| PIMCO Total Return Portfolio Brighthouse Funds Trust I | 2026-06-30 | $12.9M | $11.8M | $0 |
| Allspring Core Plus Bond Fund ALLSPRING FUNDS TRUST | 2026-05-31 | $10.4M | $10.5M | $560K |
| Hartford Dynamic Bond Fund HARTFORD MUTUAL FUNDS, INC | 2026-07-31 | $11.5M | $10.5M | new |
| Nuveen Flexible Income Fund Nuveen Investment Trust V | 2026-05-31 | $9.6M | $10.4M | $0 |
| DFA Global Core Plus Fixed Income Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $10.9M | $9.7M | $0 |
| Diversified Bond Fund American Century Investment Trust | 2026-06-30 | $10.0M | $9.6M | $1.9M |
| CTIVP - Fidelity Institutional AM Total Bond Fund Columbia Funds Variable Series Trust II | 2026-06-30 | $7.7M | $7.7M | $0 |
| Aristotle Core Income Fund Aristotle Fund Series Trust | 2026-06-30 | $7.7M | $7.7M | $0 |
| Thompson Bond Fund Thompson IM Funds, Inc. | 2026-05-31 | $8.9M | $7.5M | $0 |
| Fidelity Investment Grade Bond Fund Fidelity Salem Street Trust | 2026-05-31 | $7.3M | $7.4M | $0 |
| SIIT INTERMEDIATE DURATION CREDIT FUND SEI INSTITUTIONAL INVESTMENTS TRUST | 2026-05-31 | $8.1M | $7.4M | -$360K |
| Capital Group Core Bond ETF Capital Group Fixed Income ETF Trust | 2026-06-30 | $7.4M | $7.3M | $3.2M |
| Fidelity Corporate Bond Fund Fidelity Salem Street Trust | 2026-05-31 | $7.3M | $7.2M | $0 |
| Intermediate Bond Fund of America | 2026-05-31 | $6.7M | $6.7M | $0 |
| Lord Abbett Core Plus Bond Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $7.8M | $6.6M | $470K |
| Fidelity Series Investment Grade Bond Fund Fidelity Salem Street Trust | 2026-05-31 | $7.7M | $6.6M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Lord Abbett Income Fund ($4.4M), PIMCO Long-Term Credit Bond Fund ($3.2M), Lord Abbett Total Return Fund ($2.8M), PIMCO Investment Grade Credit Bond Portfolio ($1.6M), Capital Group Core Plus Income ETF ($1.3M), Capital World Bond Fund ($649K), Dimensional Short-Duration Fixed Income ETF ($550K), Total Return Portfolio ($472K), Short Duration Strategic Income Fund ($240K), Guardian Core Plus Fixed Income VIP Fund ($224K).
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 |
|---|---|---|---|---|---|
| DFGP Dimensional Global Core Plus Fixed Income ETF | 2026-07-31 | 4 | $23.2M | $22.3M | 0.66% |
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 3 | $18.7M | $18.2M | 0.00% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 2 | $14.3M | $13.5M | 0.02% |
| CGCB Capital Group Core Bond ETF | 2026-06-30 | 1 | $7.4M | $7.3M | 0.13% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 4 | $5.4M | $5.2M | 0.04% |
| KORP American Century Diversified Corporate Bond ETF | 2026-05-31 | 2 | $4.7M | $4.7M | 0.58% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $5.0M | $4.6M | 0.01% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 2 | $3.9M | $4.0M | 0.01% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 4 | $4.2M | $3.9M | 0.00% |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 2026-06-30 | 2 | $3.6M | $3.3M | 0.03% |
| CGMS Capital Group U.S. Multi-Sector Income ETF | 2026-06-30 | 1 | $3.2M | $3.2M | 0.06% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 1 | $3.3M | $2.9M | 0.01% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $3.1M | $2.8M | 0.02% |
| IBDU iShares iBonds Dec 2029 Term Corporate ETF | 2026-07-31 | 1 | $2.4M | $2.5M | 0.06% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $2.6M | $2.5M | 0.01% |
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 127 bp spread prices in about 2.1% 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 PDM'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 | 17 | $5.8M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 242 | $952.6M | 1 | $2K | 2 | $114K | 0 |
| 2026-03-31 | 233 | $534.5M | 2 | $16K | 2 | $87K | 0 |
| 2025-12-31 | 237 | $879.8M | 1 | $2K | 2 | $119K | 0 |
| 2025-09-30 | 245 | $937.9M | 1 | $124K | 4 | $608K | 0 |
| 2025-06-30 | 252 | $781.7M | 3 | $125K | 5 | $491K | 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.