Ryder System, Inc. bonds R
Who owns Ryder System, 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. R 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 |
|---|---|---|---|---|---|---|---|---|---|
| 78355HKS7 | 1.75% fixed | 2026-09-01 | USD | 99.78 | 4.26% | 53 bp | 6 | $21.6M | Jul 2026 |
| 78355HKP3 | 2.9% fixed | 2026-12-01 | USD | 99.46 | 4.51% | 75 bp | 4 | $61.6M | Jul 2026 |
| 78355HKT5 | 2.85% fixed | 2027-03-01 | USD | 99.04 | 4.52% | 64 bp | 3 | $6.2M | Jul 2026 |
| 78355HLA5 | 5.3% fixed | 2027-03-15 | USD | 100.40 | 4.63% | 74 bp | 7 | $10.0M | Jul 2026 |
| 78355HKU2 | 4.3% fixed | 2027-06-15 | USD | 99.83 | 4.50% | 50 bp | 5 | $6.0M | Jul 2026 |
| 78355HKV0 | 5.65% fixed | 2028-03-01 | USD | 101.42 | 4.71% | 56 bp | 13 | $17.2M | Jul 2026 |
| 78355HKW8 | 5.25% fixed | 2028-06-01 | USD | 100.93 | 4.71% | 52 bp | 18 | $37.8M | Jul 2026 |
| 78355HKX6 | 6.3% fixed | 2028-12-01 | USD | 103.25 | 4.81% | 57 bp | 9 | $69.9M | Jul 2026 |
| 78355HKZ1 | 5.375% fixed | 2029-03-15 | USD | 101.42 | 4.79% | 55 bp | 12 | $71.9M | Jul 2026 |
| 78355HLB3 | 5.5% fixed | 2029-06-01 | USD | 101.72 | 4.84% | 59 bp | 6 | $3.2M | Jul 2026 |
| 78355HLC1 | 4.95% fixed | 2029-09-01 | USD | 100.25 | 4.86% | 60 bp | 12 | $10.8M | Jul 2026 |
| 78355HLD9 | 4.9% fixed | 2029-12-01 | USD | 100.15 | 4.85% | 58 bp | 11 | $4.1M | Jul 2026 |
| 78355HLE7 | 5% fixed | 2030-03-15 | USD | 100.23 | 4.93% | 65 bp | 7 | $19.8M | Jul 2026 |
| 78355HLF4 | 4.85% fixed | 2030-06-15 | USD | 99.64 | 4.95% | 66 bp | 9 | $7.1M | Jul 2026 |
| 78355HLG2 | 4.3% fixed | 2030-12-01 | USD | 97.54 | 4.94% | 63 bp | 8 | $19.0M | Jul 2026 |
| 78355HLH0 | 5% fixed | 2031-09-15 | USD | 99.39 | 5.13% | 80 bp | 13 | $27.5M | Jul 2026 |
| 78355HKY4 | 6.6% fixed | 2033-12-01 | USD | 107.25 | 5.39% | 91 bp | 9 | $21.5M | 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 | 17 | $415.1M | 100.23 | 4.86% | 59 bp | 18 |
| Jun 2026 | 16 | $435.9M | 100.78 | 4.66% | 51 bp | 35 |
| May 2026 | 16 | $302.0M | 100.98 | 4.59% | 54 bp | 22 |
| Apr 2026 | 16 | $400.1M | 101.23 | 4.52% | 67 bp | 18 |
| Mar 2026 | 16 | $431.7M | 101.21 | 4.52% | 78 bp | 36 |
| Feb 2026 | 16 | $306.1M | 102.70 | 4.07% | 54 bp | 23 |
| Jan 2026 | 16 | $483.7M | 102.21 | 4.23% | 59 bp | 18 |
| Dec 2025 | 16 | $495.5M | 102.19 | 4.19% | 62 bp | 42 |
| Nov 2025 | 16 | $320.1M | 102.33 | 4.14% | 58 bp | 24 |
| Oct 2025 | 16 | $488.6M | 102.29 | 4.25% | 67 bp | 18 |
| Sep 2025 | 15 | $477.9M | 102.38 | 4.22% | 62 bp | 41 |
| Aug 2025 | 16 | $303.7M | 102.14 | 4.33% | 52 bp | 24 |
| Jul 2025 | 16 | $531.6M | 101.24 | 4.58% | 64 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. 37 added, 50 cut, 12 new holders and 11 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $130.1M | $132.3M | -$1.2M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $90.1M | $91.2M | -$6.2M |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $86.2M | $88.3M | $1.0M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $72.2M | $74.6M | $0 |
| Core Fixed Income Fund Principal Funds, Inc | 2026-07-31 | $65.0M | $64.8M | $0 |
| Baird Aggregate Bond Fund Baird Funds Inc | 2026-06-30 | $41.1M | $41.6M | $0 |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $33.3M | $33.8M | $530K |
| PGIM Total Return Bond Fund Prudential Investment Portfolios, Inc. 17 | 2026-07-31 | $29.6M | $30.0M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $25.6M | $26.3M | -$5.0M |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $23.9M | $24.3M | -$6.5M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $21.9M | $23.9M | $8.2M |
| Short-Term Income Fund Principal Funds, Inc | 2026-07-31 | $21.8M | $21.7M | $10.8M |
| VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $16.9M | $18.1M | -$15.0M |
| Baird Core Plus Bond Fund Baird Funds Inc | 2026-06-30 | $16.6M | $16.8M | $0 |
| Federated Hermes Total Return Bond Fund Federated Hermes Total Return Series, Inc. | 2026-05-31 | $14.7M | $14.8M | $0 |
| JPMorgan Ultra-Short Income ETF J.P. Morgan Exchange-Traded Fund Trust | 2026-05-31 | $12.5M | $12.4M | new |
| iShares iBonds Dec 2028 Term Corporate ETF iShares Trust | 2026-07-31 | $11.6M | $11.8M | $835K |
| VOYA INTERMEDIATE BOND FUND Voya Funds Trust | 2026-06-30 | $11.5M | $11.6M | -$1.8M |
| iShares iBonds Dec 2029 Term Corporate ETF iShares Trust | 2026-07-31 | $11.4M | $11.6M | $866K |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $11.3M | $11.5M | -$1.1M |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $10.8M | $11.0M | -$1.2M |
| State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $10.2M | $10.4M | -$1.5M |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $10.2M | $10.3M | $0 |
| Baird Intermediate Bond Fund Baird Funds Inc | 2026-06-30 | $10.1M | $10.1M | $0 |
| VANGUARD BALANCED INDEX FUND VANGUARD VALLEY FORGE FUNDS | 2026-06-30 | $9.5M | $9.7M | $4.5M |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): AB Taxable Multi-Sector Income Shares ($3.0M), THRIVENT MODERATE ALLOCATION PORTFOLIO ($464K), Catholic Values Fixed Income Fund ($355K), Invesco Multi-Asset Income Fund ($240K), Core Fixed Income Fund ($100K), Morningstar Multisector Bond Fund ($97K), Hartford Schroders Core Fixed Income Fund ($82K), JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF ($51K), FlexShares ESG & Climate Investment Grade Corporate Core Index Fund ($50K), Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF ($46K).
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 |
|---|---|---|---|---|---|
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 10 | $90.1M | $91.2M | 0.18% |
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 11 | $86.2M | $88.3M | 0.02% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 9 | $33.3M | $33.8M | 0.05% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 12 | $25.6M | $26.3M | 0.02% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 11 | $23.9M | $24.3M | 0.11% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $21.9M | $23.9M | 0.03% |
| JPST JPMorgan Ultra-Short Income ETF | 2026-05-31 | 1 | $12.5M | $12.4M | 0.03% |
| IBDT iShares iBonds Dec 2028 Term Corporate ETF | 2026-07-31 | 3 | $11.6M | $11.8M | 0.29% |
| IBDU iShares iBonds Dec 2029 Term Corporate ETF | 2026-07-31 | 4 | $11.4M | $11.6M | 0.28% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 10 | $11.3M | $11.5M | 0.10% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 12 | $10.8M | $11.0M | 0.06% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 5 | $10.2M | $10.4M | 0.10% |
| PULS PGIM Ultra Short Bond ETF | 2026-05-29 | 1 | $9.5M | $9.5M | 0.06% |
| BSCS Invesco BulletShares 2028 Corporate Bond ETF | 2026-05-31 | 2 | $9.4M | $9.5M | 0.27% |
| SUSB iShares ESG Aware 1-5 Year USD Corporate Bond ETF | 2026-05-31 | 11 | $9.0M | $9.0M | 0.75% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 4.86: safer than 47% of companies (46th percentile in Industrials). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $9.04B |
| Debt barrier (short-term + ½ long-term debt) | $4.71B |
| Equity volatility (1 year) | 33.2% |
| Asset value / asset volatility (solved) | $13.56B / 22.1% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 59 bp spread prices in about 1.0% 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'' = 0.53 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in R'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 | 62 | $81.5M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 567 | $8.70B | 7 | $10.1M | 7 | $18.9M | 1 |
| 2026-03-31 | 512 | $6.07B | 7 | $9.6M | 7 | $10.5M | 1 |
| 2025-12-31 | 499 | $6.73B | 7 | $4.2M | 5 | $9.4M | 1 |
| 2025-09-30 | 466 | $6.77B | 6 | $12.8M | 9 | $23.9M | 1 |
| 2025-06-30 | 425 | $5.98B | 9 | $22.6M | 9 | $25.3M | 1 |
Officials trading R bonds
| Trade date | Official | Type | Description | Amount | Filing |
|---|---|---|---|---|---|
| 2024-03-18 | Thomas R. Carper | sale | Ryder System Inc | $1,001 - $15,000 | filing |
| 2024-03-18 | Thomas Richard Carper | sale full | RYDER SYSTEM INC Rate/Coupon: 3.65% Matures: 03/18/2024 | $1,001 - $15,000 | filing |
| 2022-05-23 | Thomas Richard Carper | purchase | Ryder Systems Inc Rate/Coupon: 3.65% Matures: 03/18/2024 | $1,001 - $15,000 | filing |
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.