PRA Group, Inc. bonds PRAA
Who owns PRA Group, 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. PRAA 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 |
|---|---|---|---|---|---|---|---|---|---|
| 69354NAE6 | 8.375% fixed | 2028-02-01 | USD | 101.30 | 7.44% | 331 bp | 25 | $33.1M | Jul 2026 |
| 69354NAD8 | 5% fixed | 2029-10-01 | USD | 94.76 | 6.86% | 260 bp | 22 | $36.1M | Jul 2026 |
| 69354NAF3 | 8.875% fixed | 2030-01-31 | USD | 102.98 | 7.88% | 360 bp | 27 | $39.7M | 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 | 3 | $108.8M | 101.30 | 7.44% | 331 bp | 27 |
| Jun 2026 | 3 | $226.5M | 101.46 | 7.37% | 335 bp | 48 |
| May 2026 | 3 | $92.6M | 101.62 | 7.32% | 339 bp | 26 |
| Apr 2026 | 3 | $101.6M | 101.57 | 7.39% | 362 bp | 34 |
| Mar 2026 | 3 | $235.2M | 100.73 | 7.93% | 422 bp | 54 |
| Feb 2026 | 4 | $132.0M | 101.23 | 8.15% | 462 bp | 28 |
| Jan 2026 | 3 | $97.6M | 100.68 | 7.81% | 427 bp | 32 |
| Dec 2025 | 3 | $248.4M | 102.40 | 7.11% | 361 bp | 50 |
| Nov 2025 | 4 | $145.4M | 102.92 | 7.54% | 396 bp | 31 |
| Oct 2025 | 3 | $96.8M | 101.50 | 7.70% | 411 bp | 31 |
| Sep 2025 | 3 | $246.8M | 102.38 | 7.24% | 368 bp | 54 |
| Aug 2025 | 3 | $175.4M | 102.98 | 7.01% | 332 bp | 33 |
| Jul 2025 | 3 | $94.5M | 102.32 | 7.34% | 348 bp | 30 |
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. 36 added, 30 cut, 8 new holders and 30 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Intrepid Income Fund Intrepid Capital Management Funds Trust | 2026-06-30 | $30.2M | $29.4M | $0 |
| High Yield Bond Series Manning & Napier Fund, Inc. | 2026-06-30 | $26.4M | $27.2M | $1.9M |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $26.6M | $26.7M | $1.7M |
| Franklin High Income Fund Franklin High Income Trust | 2026-06-30 | $21.9M | $22.2M | $0 |
| Lord Abbett Short Duration High Yield Fund LORD ABBETT TRUST I | 2026-07-31 | $21.6M | $21.3M | $15.9M |
| Allspring Short-Term High Income Fund ALLSPRING FUNDS TRUST | 2026-05-31 | $18.8M | $19.1M | $0 |
| PGIM High Yield Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $17.9M | $17.9M | -$31.4M |
| iShares iBoxx $ High Yield Corporate Bond ETF iShares Trust | 2026-05-31 | $12.0M | $12.3M | -$2.8M |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $11.6M | $11.8M | $1.5M |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $11.7M | $11.7M | $100K |
| PGIM Short Duration High Yield Income Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $11.2M | $11.4M | -$7.7M |
| MML Barings High Yield Fund MASSMUTUAL PREMIER FUNDS | 2026-06-30 | $11.4M | $11.0M | $0 |
| BrandywineGLOBAL - HIGH YIELD FUND Legg Mason Partners Investment Trust | 2026-06-30 | $11.0M | $10.4M | -$9.0M |
| State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $8.0M | $8.3M | $872K |
| Barings Global Short Duration High Yield Fund | 2026-06-30 | $7.5M | $7.7M | $0 |
| Multi-Manager High Yield Bond Fund Goldman Sachs Trust II | 2026-07-31 | $7.6M | $7.7M | $2.4M |
| RBC BlueBay High Yield Bond Fund RBC Funds Trust | 2026-06-30 | $7.2M | $7.4M | -$2.7M |
| BrandywineGLOBAL - CORPORATE CREDIT FUND Legg Mason Partners Investment Trust | 2026-06-30 | $7.5M | $7.1M | -$5.4M |
| Buffalo High Yield Fund Buffalo Funds | 2026-06-30 | $5.8M | $5.9M | $0 |
| Venerable High Yield Fund Venerable Variable Insurance Trust | 2026-06-30 | $5.4M | $5.2M | $0 |
| State Street(R) SPDR(R) Bloomberg High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $4.8M | $4.9M | -$1.0M |
| Virtus Income & Growth Fund Virtus Investment Trust | 2026-06-30 | $4.8M | $4.9M | $0 |
| Lord Abbett Floating Rate Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $5.1M | $4.9M | $0 |
| Greenspring Income Opportunities Fund Manager Directed Portfolios | 2026-06-30 | $4.8M | $4.7M | $0 |
| PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund PIMCO ETF Trust | 2026-06-30 | $4.4M | $4.5M | $1.5M |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Victory High Income Fund ($1.7M), Fidelity High Income Fund ($1.5M), Fidelity SAI High Income Fund ($1.3M), Harbor Ares Systematic High Yield ETF ($1.1M), Fidelity Total Bond Fund ($1.0M), Fidelity Series High Income Fund ($795K), Fidelity Total Bond ETF ($626K), Fidelity SAI Total Bond Fund ($535K), PGIM High Yield Bond Fund, Inc. ($500K), Strategic Advisers Fidelity Core Income Fund ($450K).
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 | 3 | $26.6M | $26.7M | 0.09% |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 2026-05-31 | 2 | $12.0M | $12.3M | 0.08% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 3 | $11.6M | $11.8M | 0.10% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 3 | $11.7M | $11.7M | 0.15% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 2 | $8.0M | $8.3M | 0.17% |
| JNK State Street(R) SPDR(R) Bloomberg High Yield Bond ETF | 2026-06-30 | 1 | $4.8M | $4.9M | 0.07% |
| HYS PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund | 2026-06-30 | 2 | $4.4M | $4.5M | 0.27% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 3 | $3.0M | $3.0M | 0.12% |
| FLHY Franklin High Yield Corporate ETF | 2026-06-30 | 2 | $2.4M | $2.3M | 0.20% |
| BSJS Invesco BulletShares 2028 High Yield Corporate Bond ETF | 2026-05-31 | 1 | $2.2M | $2.2M | 0.32% |
| SRLN State Street(R) Blackstone Senior Loan ETF | 2026-06-30 | 2 | $2.2M | $2.2M | 0.04% |
| HYLB Xtrackers USD High Yield Corporate Bond ETF | 2026-05-29 | 1 | $1.6M | $1.7M | 0.05% |
| HYGV FlexShares High Yield Value - Scored Bond Index Fund | 2026-07-31 | 1 | $1.4M | $1.4M | 0.13% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 3 | $1.4M | $1.4M | 0.00% |
| HYBL State Street(R) Blackstone High Income ETF | 2026-06-30 | 2 | $1.4M | $1.4M | 0.24% |
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 331 bp spread prices in about 5.5% 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 PRAA'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 | 15 | $4.1M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 189 | $612.4M | 4 | $1.4M | 3 | $541K | 0 |
| 2026-03-31 | 183 | $533.2M | 0 | — | 2 | $606K | 0 |
| 2025-12-31 | 183 | $594.4M | 0 | — | 3 | $285K | 1 |
| 2025-09-30 | 173 | $515.5M | 3 | $720K | 3 | $574K | 1 |
| 2025-06-30 | 170 | $507.3M | 2 | $93K | 7 | $1.8M | 1 |
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.