Republic Services, Inc. bonds RSG
Who owns Republic Services, 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. RSG 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 |
|---|---|---|---|---|---|---|---|---|---|
| 760759AS9 | 3.38% fixed | 2027-11-15 | USD | 98.68 | 4.44% | 34 bp | 8 | $6.4M | Jul 2026 |
| 760759AT7 | 3.95% fixed | 2028-05-15 | USD | 99.04 | 4.51% | 33 bp | 11 | $9.0M | Jul 2026 |
| 760759BB5 | 4.875% fixed | 2029-04-01 | USD | 100.41 | 4.71% | 46 bp | 17 | $71.7M | Jul 2026 |
| 760759BJ8 | 5% fixed | 2029-11-15 | USD | 100.87 | 4.71% | 44 bp | 12 | $9.8M | Jul 2026 |
| 760759AV2 | 2.3% fixed | 2030-03-01 | USD | 91.76 | 4.83% | 55 bp | 14 | $28.7M | Jul 2026 |
| 760759BL3 | 4.75% fixed | 2030-07-15 | USD | 99.78 | 4.81% | 52 bp | 12 | $20.5M | Jul 2026 |
| 760759AX8 | 1.45% fixed | 2031-02-15 | USD | 86.15 | 4.89% | 57 bp | 12 | $6.4M | Jul 2026 |
| 760759BN9 | 4.75% fixed | 2031-07-15 | USD | 99.34 | 4.90% | 57 bp | 30 | $48.5M | Jul 2026 |
| 760759AZ3 | 1.75% fixed | 2032-02-15 | USD | 84.65 | 4.95% | 59 bp | 7 | $30.0M | Jul 2026 |
| 760759BA7 | 2.375% fixed | 2033-03-15 | USD | 85.39 | 4.99% | 56 bp | 7 | $3.8M | Jul 2026 |
| 760759BH2 | 5% fixed | 2033-12-15 | USD | 99.36 | 5.10% | 63 bp | 8 | $4.0M | Jul 2026 |
| 760759BC3 | 5% fixed | 2034-04-01 | USD | 98.79 | 5.19% | 70 bp | 15 | $6.9M | Jul 2026 |
| 760759BK5 | 5.2% fixed | 2034-11-15 | USD | 99.71 | 5.24% | 72 bp | 7 | $2.9M | Jul 2026 |
| 760759BM1 | 5.15% fixed | 2035-03-15 | USD | 99.63 | 5.20% | 67 bp | 8 | $16.0M | Jul 2026 |
| 760759BP4 | 5% fixed | 2036-07-15 | USD | 97.24 | 5.36% | 76 bp | 8 | $4.8M | Jul 2026 |
| 760759AK6 | 6.2% fixed | 2040-03-01 | USD | 105.70 | 5.59% | 81 bp | 3 | $692K | Jul 2026 |
| 760759AN0 | 5.7% fixed | 2041-05-15 | USD | 100.59 | 5.64% | 80 bp | 3 | $1.1M | Jul 2026 |
| 760759AW0 | 3.05% fixed | 2050-03-01 | USD | 63.80 | 5.92% | 81 bp | 4 | $1.1M | 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 | 18 | $272.4M | 99.19 | 4.97% | 58 bp | 30 |
| Jun 2026 | 19 | $531.3M | 100.22 | 4.71% | 48 bp | 34 |
| May 2026 | 17 | $497.2M | 100.82 | 4.65% | 42 bp | 24 |
| Apr 2026 | 17 | $256.3M | 100.99 | 4.63% | 60 bp | 18 |
| Mar 2026 | 17 | $459.4M | 101.00 | 4.63% | 67 bp | 33 |
| Feb 2026 | 17 | $513.7M | 102.78 | 4.22% | 41 bp | 23 |
| Jan 2026 | 17 | $259.9M | 102.19 | 4.42% | 50 bp | 20 |
| Dec 2025 | 17 | $496.1M | 102.37 | 4.39% | 53 bp | 31 |
| Nov 2025 | 17 | $480.2M | 102.72 | 4.29% | 46 bp | 24 |
| Oct 2025 | 18 | $277.8M | 101.18 | 4.39% | 58 bp | 21 |
| Sep 2025 | 18 | $527.6M | 101.22 | 4.35% | 55 bp | 32 |
| Aug 2025 | 18 | $492.3M | 100.88 | 4.49% | 50 bp | 23 |
| Jul 2025 | 18 | $310.1M | 100.12 | 4.63% | 51 bp | 24 |
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. 76 added, 49 cut, 34 new holders and 9 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 | $118.0M | $114.4M | $12.8M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $107.5M | $106.8M | -$22.2M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $107.2M | $101.8M | $11.3M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $76.6M | $74.9M | $14.8M |
| Core Fixed Income Fund Principal Funds, Inc | 2026-07-31 | $78.5M | $72.7M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $44.6M | $42.4M | -$1.9M |
| VANGUARD WELLINGTON FUND | 2026-05-31 | $43.2M | $39.4M | $0 |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $30.2M | $28.9M | -$4.6M |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $30.6M | $28.4M | $0 |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $28.0M | $27.1M | $9.3M |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $25.5M | $24.8M | -$510K |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $24.6M | $24.7M | -$11.5M |
| VANGUARD WELLESLEY INCOME FUND | 2026-06-30 | $24.6M | $24.3M | $0 |
| Schwab 5-10 Year Corporate Bond ETF SCHWAB STRATEGIC TRUST | 2026-06-30 | $21.9M | $20.9M | $2.1M |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $19.7M | $19.2M | $5.2M |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $19.2M | $18.6M | -$281K |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $18.0M | $17.8M | -$1.5M |
| State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $16.2M | $16.2M | $8.4M |
| Permanent Portfolio PERMANENT PORTFOLIO FAMILY OF FUNDS | 2026-07-31 | $12.5M | $12.5M | $0 |
| Inspire Corporate Bond ETF Northern Lights Fund Trust IV | 2026-05-31 | $14.2M | $12.5M | -$200K |
| iShares Core Universal USD Bond ETF iShares Trust | 2026-07-31 | $13.2M | $12.5M | $2.5M |
| DoubleLine Low Duration Bond Fund DoubleLine Funds Trust | 2026-06-30 | $12.3M | $12.4M | $1.9M |
| American Funds Multi-Sector Income Fund | 2026-06-30 | $12.8M | $12.2M | $2.6M |
| iShares iBoxx $ Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $12.7M | $11.7M | -$4.8M |
| THE HARTFORD SHORT DURATION FUND HARTFORD MUTUAL FUNDS, INC | 2026-07-31 | $11.4M | $11.4M | new |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): iShares iBonds Dec 2026 Term Corporate ETF ($4.9M), Nuveen Ultra Short Income ETF ($1.4M), BlackRock Ltd Duration Income Trust ($750K), Strategic Bond Fund ($340K), Destinations Core Fixed Income Fund ($138K), BlackRock Total Return V.I. Fund ($116K), Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF ($56K), Franklin Templeton SMACS: Series CP ($22K), Franklin Templeton SMACS: Series C ($20K).
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 | 15 | $118.0M | $114.4M | 0.03% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 5 | $107.5M | $106.8M | 0.16% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 7 | $76.6M | $74.9M | 0.15% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 16 | $44.6M | $42.4M | 0.03% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 6 | $30.2M | $28.9M | 0.16% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 6 | $28.0M | $27.1M | 0.05% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 7 | $25.5M | $24.8M | 0.11% |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 2026-06-30 | 6 | $21.9M | $20.9M | 0.18% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 14 | $19.7M | $19.2M | 0.17% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 16 | $19.2M | $18.6M | 0.11% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 7 | $18.0M | $17.8M | 0.03% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 3 | $16.2M | $16.2M | 0.15% |
| IBD Inspire Corporate Bond ETF | 2026-05-31 | 5 | $14.2M | $12.5M | 2.68% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 18 | $13.2M | $12.5M | 0.03% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $12.7M | $11.7M | 0.04% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 13.55: safer than 90% of companies (91th percentile in Industrials). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $70.27B |
| Debt barrier (short-term + ½ long-term debt) | $7.31B |
| Equity volatility (1 year) | 19.4% |
| Asset value / asset volatility (solved) | $77.28B / 17.6% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 58 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'' = 1.99 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in RSG'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 | 185 | $606.7M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 1,296 | $36.12B | 16 | $60.2M | 15 | $66.3M | 0 |
| 2026-03-31 | 1,310 | $32.31B | 17 | $28.9M | 16 | $78.2M | 0 |
| 2025-12-31 | 1,304 | $36.46B | 13 | $20.5M | 17 | $45.5M | 0 |
| 2025-09-30 | 1,256 | $39.34B | 15 | $78.0M | 22 | $92.0M | 0 |
| 2025-06-30 | 1,320 | $43.13B | 20 | $103.5M | 23 | $82.8M | 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.