Penguin Solutions, Inc. bonds PENG
Who owns Penguin Solutions, 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. PENG 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 |
|---|---|---|---|---|---|---|---|---|---|
| 83205YAE4 convertible | 2% fixed | 2030-08-15 | USD | 212.99 | — | — | 1 | $77K | Jul 2026 |
| 706915AA3 | 0% none | 2031-08-01 | USD | 89.17 | — | — | 16 | $63.8M | Jul 2026 |
Spread history
Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.
Not enough US-dollar bonds with a yield.
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 | 2 | $63.8M | 151.08 | — | — | 16 |
| Jun 2026 | 1 | $14.8M | 283.64 | — | — | 4 |
| May 2026 | 1 | $5.3M | 215.64 | — | — | 3 |
| Apr 2026 | 1 | $629K | 130.95 | — | — | 1 |
| Mar 2026 | 1 | $14.6M | 100.48 | — | — | 6 |
| Feb 2026 | 1 | $2.9M | 108.53 | — | — | 3 |
| Dec 2025 | 1 | $14.6M | 101.90 | — | — | 5 |
| Nov 2025 | 1 | $2.8M | 103.33 | — | — | 3 |
| Oct 2025 | 1 | $459K | 110.58 | — | — | 1 |
| Sep 2025 | 1 | $17.0M | 119.06 | — | — | 5 |
| Aug 2025 | 1 | $7.4M | 111.15 | — | — | 4 |
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. 0 added, 5 cut, 16 new holders and 3 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Franklin Convertible Securities Fund Franklin Investors Securities Trust | 2026-07-31 | $24.0M | $21.5M | new |
| ABSOLUTE CONVERTIBLE ARBITRAGE FUND Unified Series Trust | 2026-06-30 | $5.0M | $14.2M | -$2.0M |
| Calamos Market Neutral Income Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $10.0M | $8.9M | new |
| CALAMOS STRATEGIC TOTAL RETURN FUND | 2026-07-31 | $7.0M | $6.2M | new |
| Calamos Convertible Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $5.8M | $5.1M | new |
| CALAMOS CONVERTIBLE & HIGH INCOME FUND | 2026-07-31 | $5.8M | $5.1M | new |
| Calamos Growth & Income Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $5.3M | $4.7M | new |
| CALAMOS CONVERTIBLE OPPORTUNITIES & INCOME FUND | 2026-07-31 | $5.2M | $4.7M | new |
| Calamos Dynamic Convertible & Income Fund | 2026-07-31 | $4.5M | $4.0M | new |
| Fidelity Convertible Securities Fund Fidelity Financial Trust | 2026-05-31 | $1.8M | $3.8M | $0 |
| iShares Convertible Bond ETF iShares Trust | 2026-07-31 | $2.0M | $1.8M | new |
| Fidelity Strategic Dividend and Income Fund Fidelity Salem Street Trust | 2026-05-31 | $480K | $1.0M | -$55K |
| Morningstar Alternatives Fund Morningstar Funds Trust | 2026-07-31 | $961K | $855K | new |
| JNL Multi-Manager Alternative Fund JNL Series Trust | 2026-06-30 | $207K | $589K | -$639K |
| Franklin Alternative Strategies Fund Franklin Alternative Strategies Funds | 2026-05-29 | $209K | $452K | -$133K |
| First Trust SSI Strategic Convertible Securities ETF First Trust Exchange-Traded Fund IV | 2026-07-31 | $337K | $301K | new |
| Harbor Ares Systematic Convertible Securities Fund HARBOR FUNDS | 2026-07-31 | $300K | $268K | new |
| Advent Convertible & Income Fund ADVENT CONVERTIBLE & INCOME FUND | 2026-07-31 | $254K | $227K | new |
| Wellington Global Multi-Strategy Fund | 2026-07-31 | $140K | $124K | new |
| PACE Alternative Strategies Investments PACE SELECT ADVISORS TRUST | 2026-07-31 | $50K | $89K | -$430K |
| Lazard US Convertibles Portfolio LAZARD FUNDS INC | 2026-06-30 | $19K | $54K | new |
| BNY Mellon Core Plus Fund BNY Mellon Absolute Insight Funds, Inc. | 2026-07-31 | $28K | $25K | new |
| Lazard Enhanced Opportunities Portfolio LAZARD FUNDS INC | 2026-06-30 | $3K | $9K | $0 |
| AQR Diversified Arbitrage Fund AQR Funds | 2026-06-30 | $0 | $0 | -$5.3M |
| ABSOLUTE FLEXIBLE FUND Unified Series Trust | 2026-06-30 | $0 | $0 | -$1.0M |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): AQR Diversified Arbitrage Fund ($5.3M), ABSOLUTE FLEXIBLE FUND ($1.0M), Defensive Market Strategies Fund ($421K).
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.
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 2.49: safer than 19% of companies (18th percentile in Technology). Market-implied, prices to 2026-10-16, balance sheet 2026-08-28.
| Equity value | $2.91B |
| Debt barrier (short-term + ½ long-term debt) | $421.2M |
| Equity volatility (1 year) | 83.9% |
| Asset value / asset volatility (solved) | $3.31B / 73.7% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
No US-dollar bond with a yield to compute it from.
Accounts: Altman Z
Altman Z = 2.22 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in PENG'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 | 30 | $7.3M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 343 | $4.11B | 12 | $242.1M | 18 | $185.4M | 0 |
| 2026-03-31 | 213 | $828.6M | 10 | $9.6M | 9 | $8.6M | 0 |
| 2025-12-31 | 225 | $1.09B | 7 | $14.1M | 12 | $30.0M | 0 |
| 2025-09-30 | 247 | $1.51B | 4 | $4.1M | 5 | $16.7M | 0 |
| 2025-06-30 | 21 | $65.6M | 0 | — | 0 | — | 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.