PENN Entertainment, Inc. bonds PENN
Who owns PENN Entertainment, 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. PENN 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 |
|---|---|---|---|---|---|---|---|---|---|
| 707569AS8 | 5.625% fixed | 2027-01-15 | USD | 100.24 | 5.09% | 127 bp | 11 | $18.8M | Jul 2026 |
| 707569AV1 | 4.125% fixed | 2029-07-01 | USD | 95.33 | 5.89% | 163 bp | 36 | $33.2M | Jul 2026 |
| 707569AY5 | 6.75% fixed | 2031-04-01 | USD | 100.35 | 6.66% | 234 bp | 59 | $72.4M | 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 |
|---|---|---|---|---|---|---|
| Aug 2026 partial: filings still arriving | 1 | $20K | 100.36 | 6.65% | 230 bp | 1 |
| Jul 2026 | 3 | $124.4M | 100.24 | 6.27% | 199 bp | 59 |
| Jun 2026 | 3 | $175.9M | 100.03 | 6.13% | 195 bp | 75 |
| May 2026 | 3 | $264.9M | 99.61 | 6.24% | 215 bp | 29 |
| Apr 2026 | 4 | $112.4M | 99.52 | 6.39% | 251 bp | 54 |
| Mar 2026 | 4 | $192.9M | 98.49 | 6.90% | 310 bp | 53 |
| Feb 2026 | 2 | $147.9M | 97.24 | 6.01% | 246 bp | 22 |
| Jan 2026 | 3 | $70.2M | 99.37 | 6.49% | 284 bp | 40 |
| Dec 2025 | 3 | $90.0M | 99.17 | 6.03% | 246 bp | 40 |
| Nov 2025 | 2 | $125.5M | 96.33 | 6.01% | 239 bp | 23 |
| Oct 2025 | 3 | $67.7M | 99.94 | 5.96% | 238 bp | 40 |
| Sep 2025 | 3 | $88.7M | 99.98 | 5.82% | 221 bp | 36 |
| Aug 2025 | 3 | $117.4M | 99.95 | 5.90% | 213 bp | 19 |
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. 59 added, 43 cut, 54 new holders and 19 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Lord Abbett Short Duration Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $65.1M | $65.1M | new |
| PGIM High Yield Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $51.5M | $50.9M | -$18.5M |
| PGIM Short Duration High Yield Income Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $22.7M | $22.5M | -$5.8M |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $20.5M | $20.3M | $3.3M |
| Janus Henderson Multi-Sector Income Fund JANUS INVESTMENT FUND | 2026-06-30 | $17.8M | $17.9M | -$11.4M |
| First Trust Smith Unconstrained Bond ETF First Trust Exchange-Traded Fund VIII | 2026-05-31 | $16.9M | $16.7M | $5.8M |
| LORD ABBETT BOND DEBENTURE FUND INC | 2026-06-30 | $16.4M | $16.5M | new |
| T. Rowe Price High Yield Fund, Inc. T. ROWE PRICE HIGH YIELD FUND, INC. | 2026-05-31 | $16.0M | $15.9M | new |
| iShares iBoxx $ High Yield Corporate Bond ETF iShares Trust | 2026-05-31 | $13.8M | $13.6M | new |
| RBC BlueBay High Yield Bond Fund RBC Funds Trust | 2026-06-30 | $13.7M | $13.5M | $7.8M |
| Guggenheim Macro Opportunities Fund Guggenheim Funds Trust | 2026-06-30 | $13.1M | $12.9M | -$10.8M |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $12.2M | $12.0M | $2.2M |
| Lord Abbett High Yield Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $11.2M | $10.9M | $6.7M |
| Shenkman Capital Short Duration High Income Fund Advisors Series Trust | 2026-06-30 | $10.5M | $10.4M | -$3.5M |
| Columbia Strategic Income Fund COLUMBIA FUNDS SERIES TRUST I | 2026-05-31 | $10.2M | $9.9M | $6.0M |
| PGIM Total Return Bond Fund Prudential Investment Portfolios, Inc. 17 | 2026-07-31 | $9.4M | $9.3M | $0 |
| High Yield Fixed Income Fund Northern Funds | 2026-06-30 | $7.8M | $7.6M | $0 |
| Guggenheim Strategic Opportunities Fund | 2026-05-29 | $7.7M | $7.4M | $1.6M |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $7.1M | $7.0M | $2.9M |
| PGIM Short Duration Multi-Sector Bond Fund Prudential Investment Portfolios, Inc. 17 | 2026-07-31 | $6.9M | $6.8M | -$1.2M |
| Janus Henderson High-Yield Fund Janus Investment Fund | 2026-06-30 | $6.3M | $6.3M | -$1.8M |
| State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $6.2M | $6.2M | $307K |
| Guggenheim Total Return Bond Fund Guggenheim Funds Trust | 2026-06-30 | $6.0M | $6.1M | -$3.7M |
| Columbia High Yield Bond Fund Columbia Funds Series Trust II | 2026-05-31 | $6.0M | $5.8M | $1.6M |
| Virtus Income & Growth Fund Virtus Investment Trust | 2026-06-30 | $5.7M | $5.8M | new |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): The Osterweis Strategic Income Fund ($34.7M), Putnam High Yield Fund ($2.3M), Loomis Sayles High Income Opportunities Fund ($885K), Osterweis Growth & Income Fund ($800K), Loomis Sayles Institutional High Income Fund ($788K), AllianceBernstein Global High Income Fund Inc ($700K), Multi-Asset Strategy Fund ($563K), Opportunistic Credit Fund ($446K), Multi-Strategy Income Fund ($341K), Janus Henderson Corporate Bond ETF ($253K).
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 |
|---|---|---|---|---|---|
| USHY iShares Broad USD High Yield Corporate Bond ETF | 2026-07-31 | 2 | $20.5M | $20.3M | 0.07% |
| UCON First Trust Smith Unconstrained Bond ETF | 2026-05-31 | 3 | $16.9M | $16.7M | 0.51% |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 2026-05-31 | 2 | $13.8M | $13.6M | 0.08% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 3 | $12.2M | $12.0M | 0.16% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 3 | $7.1M | $7.0M | 0.06% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 2 | $6.2M | $6.2M | 0.13% |
| JNK State Street(R) SPDR(R) Bloomberg High Yield Bond ETF | 2026-06-30 | 1 | $5.2M | $5.2M | 0.07% |
| BSJR Invesco BulletShares 2027 High Yield Corporate Bond ETF | 2026-05-31 | 1 | $4.6M | $4.6M | 0.54% |
| FIXD First Trust Smith Opportunistic Fixed Income ETF | 2026-05-31 | 1 | $3.5M | $3.5M | 0.11% |
| IBHG iShares iBonds 2027 Term High Yield and Income ETF | 2026-07-31 | 1 | $3.4M | $3.4M | 0.67% |
| PHYL PGIM Active High Yield Bond ETF | 2026-05-29 | 3 | $3.1M | $3.1M | 0.24% |
| HYLB Xtrackers USD High Yield Corporate Bond ETF | 2026-05-29 | 2 | $3.0M | $2.9M | 0.08% |
| SMTH ALPS | Smith Core Plus Bond ETF | 2026-05-31 | 1 | $2.7M | $2.7M | 0.10% |
| HYS PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund | 2026-06-30 | 2 | $2.5M | $2.5M | 0.15% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 2 | $2.0M | $2.0M | 0.08% |
Default risk, three ways
Stock market: distance-to-default
Not computed: no debt.
Bond market: priced-in odds
A 199 bp spread prices in about 3.3% 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'' = -0.51 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in PENN'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 | 36 | $13.6M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 368 | $2.99B | 13 | $39.1M | 14 | $87.5M | 0 |
| 2026-03-31 | 352 | $1.76B | 11 | $34.5M | 11 | $67.9M | 12 |
| 2025-12-31 | 349 | $1.82B | 21 | $35.0M | 26 | $55.2M | 15 |
| 2025-09-30 | 341 | $2.63B | 23 | $74.2M | 28 | $129.2M | 18 |
| 2025-06-30 | 355 | $2.75B | 26 | $151.3M | 33 | $192.9M | 17 |
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.