RXO, Inc. bonds RXO
Who owns RXO, 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. RXO 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 |
|---|---|---|---|---|---|---|---|---|---|
| 74982TAA1 | 6.375% fixed | 2031-05-15 | USD | 99.78 | 6.43% | 210 bp | 30 | $48.4M | 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 |
|---|---|---|---|---|---|---|
| Jul 2026 | 1 | $48.4M | 99.78 | 6.43% | 210 bp | 30 |
| Jun 2026 | 1 | $69.3M | 101.54 | 6.00% | 180 bp | 44 |
| May 2026 | 1 | $28.6M | 100.74 | 6.20% | 205 bp | 20 |
| Apr 2026 | 1 | $64.0M | 99.10 | 6.59% | 264 bp | 35 |
| Mar 2026 | 1 | $68.6M | 96.07 | 7.31% | 344 bp | 48 |
| Feb 2026 | 1 | $26.2M | 97.39 | 6.98% | 328 bp | 17 |
| Jan 2026 | 1 | $30.7M | 101.95 | 6.32% | 279 bp | 29 |
| Dec 2025 | 1 | $46.1M | 102.30 | 6.18% | 267 bp | 23 |
| Nov 2025 | 1 | $34.0M | 102.01 | 6.39% | 284 bp | 17 |
| Oct 2025 | 1 | $39.8M | 102.08 | 6.40% | 288 bp | 30 |
| Sep 2025 | 1 | $50.9M | 101.80 | 6.57% | 301 bp | 26 |
| Aug 2025 | 1 | $42.0M | 102.08 | 6.47% | 277 bp | 17 |
| Jul 2025 | 1 | $38.9M | 101.90 | 6.59% | 272 bp | 29 |
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. 29 added, 28 cut, 14 new holders and 19 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| The Osterweis Strategic Income Fund Professionally Managed Portfolios | 2026-06-30 | $38.0M | $38.6M | $6.0M |
| High Yield Fund Principal Funds, Inc | 2026-07-31 | $11.1M | $11.1M | -$7.2M |
| T. Rowe Price U.S. High Yield ETF T. Rowe Price Exchange-Traded Funds, Inc. | 2026-05-31 | $7.9M | $8.0M | $0 |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $7.6M | $7.6M | $235K |
| Baird Core Plus Bond Fund Baird Funds Inc | 2026-06-30 | $7.0M | $7.1M | $0 |
| PGIM High Yield Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $6.1M | $6.1M | $975K |
| BlackRock High Yield Portfolio BlackRock Funds V | 2026-06-30 | $5.2M | $5.2M | -$2.9M |
| T. Rowe Price U.S. High Yield Fund T. ROWE PRICE HIGH YIELD FUND, INC. | 2026-05-31 | $5.2M | $5.2M | $0 |
| MFS High Income Fund MFS Series Trust III | 2026-07-31 | $5.1M | $5.1M | $0 |
| Transamerica Multi-Asset Income TRANSAMERICA FUNDS | 2026-07-31 | $5.0M | $5.0M | $0 |
| PGIM Short Duration High Yield Income Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $3.8M | $3.9M | $240K |
| PGIM Short Duration Multi-Sector Bond Fund Prudential Investment Portfolios, Inc. 17 | 2026-07-31 | $3.8M | $3.7M | -$600K |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $3.5M | $3.5M | $90K |
| Multi-Manager High Yield Bond Fund Goldman Sachs Trust II | 2026-07-31 | $2.9M | $2.9M | -$405K |
| High Yield Fixed Income Fund Northern Funds | 2026-06-30 | $2.6M | $2.7M | -$2.3M |
| State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $1.8M | $1.8M | $425K |
| Victory High Income Fund Victory Portfolios III | 2026-07-31 | $1.6M | $1.6M | -$2.3M |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $1.6M | $1.6M | $792K |
| State Street(R) Blackstone Senior Loan ETF SSGA Active Trust | 2026-06-30 | $1.5M | $1.5M | $1.1M |
| MFS High Yield Pooled Portfolio MFS Series Trust III | 2026-07-31 | $1.4M | $1.4M | $89K |
| THRIVENT CORE HIGH YIELD BOND FUND Thrivent Core Funds | 2026-07-31 | $1.2M | $1.2M | $0 |
| THRIVENT HIGH YIELD PORTFOLIO Thrivent Series Fund, Inc. | 2026-06-30 | $1.2M | $1.2M | $0 |
| Touchstone Funds Group Trust-Touchstone High Yield Fund Touchstone Funds Group Trust | 2026-06-30 | $1.1M | $1.1M | $442K |
| SIIT HIGH YIELD BOND FUND SEI INSTITUTIONAL INVESTMENTS TRUST | 2026-05-31 | $1.1M | $1.1M | $650K |
| THRIVENT HIGH YIELD FUND Thrivent Mutual Funds | 2026-07-31 | $1.1M | $1.1M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Hartford Dynamic Bond Fund ($4.8M), DWS High Income Fund ($2.1M), American Century Diversified Corporate Bond ETF ($1.1M), AllianceBernstein Global High Income Fund Inc ($700K), DWS Global High Income Fund ($598K), American Century Multisector Income ETF ($580K), DWS Short Duration Fund ($531K), MFS MULTIMARKET INCOME TRUST ($423K), Multisector Income Fund ($330K), High Income Fund ($325K).
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 |
|---|---|---|---|---|---|
| THYF T. Rowe Price U.S. High Yield ETF | 2026-05-31 | 1 | $7.9M | $8.0M | 0.98% |
| USHY iShares Broad USD High Yield Corporate Bond ETF | 2026-07-31 | 1 | $7.6M | $7.6M | 0.03% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 1 | $3.5M | $3.5M | 0.05% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 1 | $1.8M | $1.8M | 0.04% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 1 | $1.6M | $1.6M | 0.01% |
| SRLN State Street(R) Blackstone Senior Loan ETF | 2026-06-30 | 1 | $1.5M | $1.5M | 0.03% |
| HYBL State Street(R) Blackstone High Income ETF | 2026-06-30 | 1 | $870K | $884K | 0.16% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 1 | $799K | $803K | 0.03% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 1 | $734K | $740K | 0.03% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 1 | $490K | $489K | 0.00% |
| UBND VictoryShares Core Plus Bond ETF | 2026-06-30 | 1 | $448K | $455K | 0.02% |
| PHYL PGIM Active High Yield Bond ETF | 2026-05-29 | 1 | $323K | $325K | 0.03% |
| XBB BondBloxx BB Rated USD High Yield Corporate Bond ETF | 2026-07-31 | 1 | $260K | $260K | 0.05% |
| HYGV FlexShares High Yield Value - Scored Bond Index Fund | 2026-07-31 | 1 | $250K | $249K | 0.02% |
| HYBB iShares BB Rated Corporate Bond ETF | 2026-07-31 | 1 | $200K | $200K | 0.05% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 3.77: safer than 35% of companies (33th percentile in Industrials). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $4.72B |
| Debt barrier (short-term + ½ long-term debt) | $265.5M |
| Equity volatility (1 year) | 75.8% |
| Asset value / asset volatility (solved) | $4.97B / 71.9% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 210 bp spread prices in about 3.5% 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
Altman Z'' = 0.78 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in RXO'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 | 18 | $2.0M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 294 | $4.89B | 9 | $30.0M | 11 | $24.0M | 0 |
| 2026-03-31 | 262 | $2.35B | 7 | $19.1M | 4 | $506K | 0 |
| 2025-12-31 | 259 | $1.82B | 6 | $4.2M | 10 | $4.4M | 0 |
| 2025-09-30 | 256 | $2.67B | 8 | $14.1M | 5 | $1.7M | 0 |
| 2025-06-30 | 262 | $2.61B | 11 | $30.4M | 7 | $3.1M | 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.