Pfizer Inc. bonds PFE
Who owns Pfizer 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. PFE 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 |
|---|---|---|---|---|---|---|---|---|---|
| 717081EA7 | 3% fixed | 2026-12-15 | USD | 99.57 | 4.16% | 37 bp | 2 | $22.6M | Jul 2026 |
| 717081FJ7 | 3.88% fixed | 2027-11-15 | USD | 99.41 | 4.35% | 25 bp | 14 | $25.5M | Jul 2026 |
| 717081FC2 | 4.13% floating | 2027-11-15 | USD | 100.26 | — | — | 10 | $73.6M | Jul 2026 |
| 716973AC6 | 4.45% fixed | 2028-05-19 | USD | 99.78 | 4.57% | 39 bp | 22 | $191.9M | Jul 2026 |
| 717081EP4 | 3.6% fixed | 2028-09-15 | USD | 98.36 | 4.42% | 19 bp | 6 | $9.8M | Jul 2026 |
| 71713UAW2 | 6.6% fixed | 2028-12-01 | USD | 104.31 | 4.63% | 40 bp | 9 | $9.0M | Jul 2026 |
| 717081ET6 | 3.45% fixed | 2029-03-15 | USD | 97.41 | 4.51% | 26 bp | 8 | $18.2M | Jul 2026 |
| 717081EW9 | 2.625% fixed | 2030-04-01 | USD | 92.76 | 4.80% | 52 bp | 11 | $15.4M | Jul 2026 |
| 716973AD4 | 4.65% fixed | 2030-05-19 | USD | 99.40 | 4.82% | 54 bp | 15 | $29.3M | Jul 2026 |
| 717081EY5 | 1.7% fixed | 2030-05-28 | USD | 89.25 | 4.81% | 52 bp | 9 | $9.1M | Jul 2026 |
| 717081FD0 | 4.2% fixed | 2030-11-15 | USD | 97.77 | 4.78% | 47 bp | 19 | $83.6M | Jul 2026 |
| 717081FB4 | 1.75% fixed | 2031-08-18 | USD | 86.39 | 4.82% | 49 bp | 10 | $7.8M | Jul 2026 |
| 717081FE8 | 4.5% fixed | 2032-11-15 | USD | 97.40 | 4.99% | 57 bp | 20 | $93.8M | Jul 2026 |
| 716973AE2 | 4.75% fixed | 2033-05-19 | USD | 97.62 | 5.17% | 72 bp | 23 | $47.9M | Jul 2026 |
| 983024AG5 | 6.5% fixed | 2034-02-01 | USD | 107.53 | 5.27% | 79 bp | 8 | $6.4M | Jul 2026 |
| 717081FF5 | 4.875% fixed | 2035-11-15 | USD | 96.86 | 5.31% | 74 bp | 15 | $58.2M | Jul 2026 |
| 717081EC3 | 4% fixed | 2036-12-15 | USD | 89.76 | 5.29% | 68 bp | 8 | $3.5M | Jul 2026 |
| 983024AN0 | 5.95% fixed | 2037-04-01 | USD | 103.92 | 5.46% | 82 bp | 8 | $19.5M | Jul 2026 |
| XS0432072022 | 6.5% fixed | 2038-06-03 | GBP | 104.64 | 5.95% | — | 1 | $423K | Jul 2026 |
| 717081EJ8 | 4.1% fixed | 2038-09-15 | USD | 88.24 | 5.44% | 73 bp | 7 | $19.3M | Jul 2026 |
| 717081EU3 | 3.9% fixed | 2039-03-15 | USD | 84.88 | 5.58% | 85 bp | 9 | $39.7M | Jul 2026 |
| 717081CY7 | 7.2% fixed | 2039-03-15 | USD | 114.37 | 5.60% | 86 bp | 17 | $68.5M | Jul 2026 |
| 717081EZ2 | 2.55% fixed | 2040-05-28 | USD | 70.22 | 5.69% | 90 bp | 13 | $25.5M | Jul 2026 |
| 717081DT7 | 5.6% fixed | 2040-09-15 | USD | 99.54 | 5.65% | 84 bp | 7 | $4.7M | Jul 2026 |
| 716973AF9 | 5.11% fixed | 2043-05-19 | USD | 91.27 | 5.94% | 99 bp | 23 | $95.1M | Jul 2026 |
| AQ4399426 | 2.735% fixed | 2043-06-15 | GBP | 63.43 | 6.28% | — | 2 | $8.4M | Jul 2026 |
| 717081DE0 | 4.3% fixed | 2043-06-15 | USD | 82.63 | 5.94% | 99 bp | 5 | $12.5M | Jul 2026 |
| 717081DK6 | 4.4% fixed | 2044-05-15 | USD | 83.98 | 5.86% | 86 bp | 4 | $5.4M | Jul 2026 |
| 717081ED1 | 4.125% fixed | 2046-12-15 | USD | 78.43 | 5.97% | 86 bp | 5 | $5.7M | Jul 2026 |
| 717081EK5 | 4.2% fixed | 2048-09-15 | USD | 77.75 | 6.03% | 93 bp | 6 | $5.3M | Jul 2026 |
| 717081EV1 | 4% fixed | 2049-03-15 | USD | 75.02 | 6.04% | 93 bp | 4 | $2.5M | Jul 2026 |
| 717081FA6 | 2.7% fixed | 2050-05-28 | USD | 58.80 | 5.96% | 85 bp | 4 | $1.5M | Jul 2026 |
| 716973AG7 | 5.3% fixed | 2053-05-19 | USD | 89.72 | 6.08% | 98 bp | 25 | $72.4M | Jul 2026 |
| 717081FG3 | 5.6% fixed | 2055-11-15 | USD | 94.87 | 5.97% | 87 bp | 10 | $9.3M | Jul 2026 |
| 716973AH5 | 5.34% fixed | 2063-05-19 | USD | 87.32 | 6.22% | 112 bp | 20 | $35.8M | Jul 2026 |
| 717081FH1 | 5.7% fixed | 2065-11-15 | USD | 93.13 | 6.17% | 107 bp | 10 | $8.5M | 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 | 36 | $1.15B | 94.00 | 5.37% | 76 bp | 25 |
| Jun 2026 | 35 | $2.95B | 97.67 | 5.10% | 61 bp | 87 |
| May 2026 | 35 | $2.55B | 98.12 | 5.08% | 56 bp | 41 |
| Apr 2026 | 37 | $1.32B | 98.08 | 5.09% | 72 bp | 30 |
| Mar 2026 | 36 | $2.95B | 97.27 | 5.08% | 77 bp | 92 |
| Feb 2026 | 35 | $2.67B | 99.41 | 4.74% | 56 bp | 41 |
| Jan 2026 | 38 | $1.33B | 98.79 | 4.95% | 66 bp | 32 |
| Dec 2025 | 36 | $2.90B | 98.62 | 4.91% | 69 bp | 93 |
| Nov 2025 | 36 | $2.57B | 99.33 | 4.72% | 61 bp | 42 |
| Oct 2025 | 32 | $1.11B | 96.82 | 5.01% | 76 bp | 33 |
| Sep 2025 | 29 | $2.53B | 94.87 | 5.03% | 69 bp | 96 |
| Aug 2025 | 29 | $2.19B | 93.86 | 5.17% | 74 bp | 45 |
| Jul 2025 | 32 | $1.14B | 94.01 | 5.26% | 70 bp | 35 |
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. 94 added, 116 cut, 9 new holders and 38 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $752.7M | $710.2M | $18.3M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $678.0M | $637.4M | $12.7M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $334.1M | $325.0M | -$6.9M |
| iShares iBoxx $ Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $320.4M | $300.7M | -$50.9M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $261.1M | $256.6M | $14.6M |
| VANGUARD WELLINGTON FUND | 2026-05-31 | $229.6M | $221.3M | -$10.5M |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $231.3M | $219.9M | -$4.5M |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $203.3M | $201.7M | -$90.9M |
| Bond Fund of America | 2026-06-30 | $176.9M | $172.8M | $0 |
| VANGUARD LONG-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $186.8M | $170.3M | -$5.7M |
| American Balanced Fund | 2026-06-30 | $132.9M | $130.3M | $0 |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $128.8M | $120.7M | $0 |
| VANGUARD LONG-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $117.3M | $108.7M | $8.5M |
| VANGUARD WELLESLEY INCOME FUND | 2026-06-30 | $111.9M | $106.2M | -$3.1M |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $95.4M | $90.8M | $5.0M |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $92.0M | $89.4M | $5.3M |
| Capital Group Central Corporate Bond Fund Capital Group Central Fund Series II | 2026-05-31 | $94.2M | $88.8M | $0 |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $84.3M | $83.9M | -$814K |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $77.3M | $76.0M | -$1.9M |
| VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $78.0M | $75.7M | $0 |
| Fidelity Series Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $70.3M | $66.6M | $4.3M |
| VANGUARD INSTITUTIONAL INTERMEDIATE-TERM BOND FUND VANGUARD MALVERN FUNDS | 2026-06-30 | $66.9M | $66.0M | $0 |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $64.2M | $63.3M | $1.9M |
| iShares Core Universal USD Bond ETF iShares Trust | 2026-07-31 | $63.4M | $58.7M | $11.2M |
| State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $57.0M | $57.1M | $7.0M |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Columbia Variable Portfolio - Corporate Bond Fund ($17.1M), Putnam Ultra Short Duration Income Fund ($13.2M), Hartford Dynamic Bond Fund ($8.8M), Columbia Ultra Short Term Bond Fund ($8.0M), SA Federated Hermes Corporate Bond Portfolio ($7.0M), Fidelity Conservative Income Bond Fund ($6.4M), Federated Hermes Corporate Bond Fund ($5.8M), DFA Short-Term Extended Quality Portfolio ($5.2M), Columbia Short Term Bond Fund ($4.5M), Franklin Total Return Fund ($4.1M).
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 | 30 | $752.7M | $710.2M | 0.18% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 5 | $334.1M | $325.0M | 0.47% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 23 | $320.4M | $300.7M | 1.01% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 9 | $261.1M | $256.6M | 0.51% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 32 | $231.3M | $219.9M | 0.16% |
| VCLT VANGUARD LONG-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 16 | $117.3M | $108.7M | 1.18% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 31 | $95.4M | $90.8M | 0.52% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 4 | $92.0M | $89.4M | 0.17% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 9 | $84.3M | $83.9M | 0.12% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 8 | $77.3M | $76.0M | 0.34% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 5 | $64.2M | $63.3M | 0.35% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 32 | $63.4M | $58.7M | 0.14% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 5 | $57.0M | $57.1M | 0.54% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 12 | $53.1M | $52.6M | 0.45% |
| BSCQ Invesco BulletShares 2026 Corporate Bond ETF | 2026-05-31 | 2 | $49.6M | $49.4M | 1.30% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 10.34: safer than 82% of companies (79th percentile in Healthcare). Market-implied, prices to 2026-10-16, balance sheet 2026-06-28.
| Equity value | $167.97B |
| Debt barrier (short-term + ½ long-term debt) | $32.95B |
| Equity volatility (1 year) | 21.0% |
| Asset value / asset volatility (solved) | $199.54B / 17.7% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 76 bp spread prices in about 1.3% 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 = 2.13 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in PFE'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 | 532 | $1.74B | 0 | — | 2 | $41K | 0 |
| 2026-06-30 | 2,824 | $89.14B | 58 | $2.52B | 64 | $2.28B | 2 |
| 2026-03-31 | 2,939 | $86.83B | 58 | $2.57B | 75 | $3.04B | 3 |
| 2025-12-31 | 2,897 | $90.74B | 66 | $2.93B | 77 | $2.50B | 3 |
| 2025-09-30 | 2,800 | $90.93B | 69 | $2.80B | 81 | $2.43B | 3 |
| 2025-06-30 | 2,790 | $88.85B | 61 | $3.03B | 69 | $2.50B | 5 |
Officials trading PFE bonds
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.