Phillips Edison & Co. bonds PECO
Who owns Phillips Edison & Co.'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. PECO 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 |
|---|---|---|---|---|---|---|---|---|---|
| 71845JAA6 | 2.625% fixed | 2031-11-15 | USD | 88.32 | 5.18% | 83 bp | 10 | $26.3M | Jul 2026 |
| 71845JAE8 | 4.75% fixed | 2033-03-15 | USD | 96.32 | 5.42% | 98 bp | 15 | $31.7M | Jul 2026 |
| 71845JAB4 | 5.75% fixed | 2034-07-15 | USD | 100.96 | 5.60% | 109 bp | 10 | $26.9M | 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 | 3 | $84.9M | 96.32 | 5.42% | 98 bp | 15 |
| Jun 2026 | 3 | $138.8M | 98.07 | 5.09% | 78 bp | 31 |
| May 2026 | 3 | $144.9M | 98.05 | 5.09% | 80 bp | 36 |
| Apr 2026 | 3 | $89.1M | 98.06 | 5.09% | 98 bp | 15 |
| Mar 2026 | 3 | $136.5M | 97.57 | 5.17% | 113 bp | 37 |
| Feb 2026 | 3 | $124.5M | 100.18 | 4.72% | 82 bp | 29 |
| Jan 2026 | 2 | $63.9M | 97.04 | 4.90% | 92 bp | 10 |
| Dec 2025 | 2 | $99.9M | 97.24 | 4.85% | 95 bp | 31 |
| Nov 2025 | 2 | $49.5M | 97.55 | 4.79% | 92 bp | 22 |
| Oct 2025 | 2 | $63.9M | 96.76 | 4.92% | 106 bp | 10 |
| Sep 2025 | 2 | $86.2M | 96.42 | 4.96% | 107 bp | 30 |
| Aug 2025 | 2 | $47.3M | 95.85 | 5.04% | 100 bp | 22 |
| Jul 2025 | 2 | $62.4M | 94.92 | 5.20% | 101 bp | 10 |
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. 23 added, 20 cut, 6 new holders and 13 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $28.0M | $26.5M | $0 |
| Strategic Advisers Fidelity Core Income Fund Fidelity Rutland Square Trust II | 2026-05-31 | $25.5M | $25.1M | $0 |
| Fidelity Real Estate Income Fund Fidelity Securities Fund | 2026-07-31 | $25.8M | $24.6M | $0 |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $20.6M | $19.0M | $5.7M |
| Fidelity Investment Grade Bond Central Fund Fidelity Central Investment Portfolios II LLC | 2026-06-30 | $18.1M | $18.1M | $0 |
| Fidelity Series Investment Grade Bond Fund Fidelity Salem Street Trust | 2026-05-31 | $17.1M | $17.2M | $0 |
| LORD ABBETT BOND DEBENTURE FUND INC | 2026-06-30 | $16.5M | $17.0M | $0 |
| Lord Abbett Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $15.0M | $14.7M | $12.0M |
| Weitz Core Plus Income Fund Weitz Funds | 2026-06-30 | $12.1M | $11.9M | $0 |
| Fidelity SAI Real Estate Income Fund Fidelity Securities Fund | 2026-07-31 | $12.3M | $11.7M | $0 |
| Fidelity Total Bond Fund Fidelity Income Fund | 2026-05-31 | $10.0M | $9.8M | $0 |
| Fidelity Total Bond ETF Fidelity Merrimack Street Trust | 2026-05-31 | $8.5M | $8.3M | $2.6M |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $8.5M | $7.5M | $520K |
| Baird Intermediate Bond Fund Baird Funds Inc | 2026-06-30 | $7.0M | $7.2M | $0 |
| Lord Abbett Core Fixed Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $7.3M | $7.2M | $5.0M |
| VIP Investment Grade Bond Portfolio Variable Insurance Products Fund V | 2026-06-30 | $7.5M | $6.9M | $0 |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $7.5M | $6.7M | $0 |
| VIP Investment Grade Bond II Portfolio Variable Insurance Products Fund V | 2026-06-30 | $6.5M | $6.6M | $0 |
| DoubleLine Low Duration Bond Fund DoubleLine Funds Trust | 2026-06-30 | $6.6M | $5.9M | $1.0M |
| Schwab 5-10 Year Corporate Bond ETF SCHWAB STRATEGIC TRUST | 2026-06-30 | $5.7M | $5.5M | $2.3M |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $5.7M | $5.5M | $295K |
| Payden Core Bond Fund PAYDEN & RYGEL INVESTMENT GROUP | 2026-07-31 | $5.8M | $5.4M | $0 |
| Fidelity SAI Total Bond Fund Fidelity Salem Street Trust | 2026-05-31 | $5.2M | $5.1M | $0 |
| Fidelity Investment Grade Bond Fund Fidelity Salem Street Trust | 2026-05-31 | $4.8M | $4.8M | $0 |
| Federated Hermes Total Return Bond Fund Federated Hermes Total Return Series, Inc. | 2026-05-31 | $4.7M | $4.6M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): TCW Flexible Income ETF ($2.8M), TCW METWEST UNCONSTRAINED BOND FUND ($2.7M), BNY Mellon Core Plus ETF ($2.1M), AVIP Bond Portfolio ($1.0M), AVIP BlackRock Balanced Allocation Portfolio ($1.0M), Corporate Bond Portfolio ($725K), Core Income Portfolio ($350K), TCW STRATEGIC INCOME FUND INC ($245K), Destinations Core Fixed Income Fund ($143K), New Covenant Income Fund ($125K).
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 |
|---|---|---|---|---|---|
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 3 | $20.6M | $19.0M | 0.03% |
| FBND Fidelity Total Bond ETF | 2026-05-31 | 1 | $8.5M | $8.3M | 0.03% |
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 1 | $8.5M | $7.5M | 0.00% |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 2026-06-30 | 3 | $5.7M | $5.5M | 0.05% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 3 | $5.7M | $5.5M | 0.03% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 3 | $4.1M | $3.9M | 0.00% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 3 | $1.6M | $1.5M | 0.00% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 3 | $1.5M | $1.4M | 0.01% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 2 | $1.4M | $1.4M | 0.01% |
| IBDW iShares iBonds Dec 2031 Term Corporate ETF | 2026-07-31 | 1 | $1.3M | $1.1M | 0.05% |
| TOTL State Street(R) DoubleLine(R) Total Return Tactical ETF | 2026-06-30 | 1 | $966K | $999K | 0.02% |
| IBDZ iShares iBonds Dec 2034 Term Corporate ETF | 2026-07-31 | 1 | $981K | $991K | 0.11% |
| IBDY iShares iBonds Dec 2033 Term Corporate ETF | 2026-07-31 | 1 | $950K | $915K | 0.08% |
| STOT State Street(R) DoubleLine(R) Short Duration Total Return Tactical ETF | 2026-06-30 | 1 | $986K | $878K | 0.19% |
| FIGB Fidelity Investment Grade Bond ETF | 2026-05-31 | 2 | $684K | $702K | 0.14% |
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 98 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
Not available.
The stock side: 13F filings
What institutions report holding in PECO'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 | 41 | $22.7M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 433 | $4.75B | 2 | $42K | 4 | $1.6M | 0 |
| 2026-03-31 | 422 | $3.20B | 2 | $37K | 4 | $898K | 0 |
| 2025-12-31 | 406 | $3.83B | 2 | $36K | 3 | $402K | 0 |
| 2025-09-30 | 390 | $3.55B | 1 | $3K | 4 | $785K | 0 |
| 2025-06-30 | 409 | $3.76B | 1 | $0 | 3 | $1.1M | 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.