Science Applications International Corporation bonds SAIC
Who owns Science Applications International Corporation'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. SAIC 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 |
|---|---|---|---|---|---|---|---|---|---|
| 808625AA5 | 4.875% fixed | 2028-04-01 | USD | 98.62 | 5.75% | 158 bp | 25 | $40.0M | Jul 2026 |
| 808625AB3 | 5.875% fixed | 2033-11-01 | USD | 97.94 | 6.23% | 176 bp | 41 | $56.1M | 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 |
|---|---|---|---|---|---|---|
| Aug 2026 partial: filings still arriving | 1 | $32.4M | 99.01 | 6.05% | 152 bp | 1 |
| Jul 2026 | 2 | $96.1M | 98.28 | 5.99% | 167 bp | 41 |
| Jun 2026 | 2 | $162.6M | 98.90 | 5.72% | 152 bp | 75 |
| May 2026 | 2 | $94.8M | 99.18 | 5.59% | 144 bp | 29 |
| Apr 2026 | 2 | $99.4M | 98.94 | 5.71% | 173 bp | 45 |
| Mar 2026 | 2 | $159.7M | 98.03 | 6.00% | 210 bp | 78 |
| Feb 2026 | 2 | $93.0M | 99.49 | 5.52% | 181 bp | 28 |
| Jan 2026 | 2 | $119.6M | 100.30 | 5.36% | 156 bp | 50 |
| Dec 2025 | 2 | $158.9M | 100.62 | 5.30% | 156 bp | 89 |
| Nov 2025 | 2 | $98.9M | 99.50 | 5.55% | 180 bp | 36 |
| Oct 2025 | 2 | $113.9M | 99.51 | 5.56% | 184 bp | 50 |
| Sep 2025 | 2 | $160.7M | 99.58 | 5.57% | 181 bp | 75 |
| Aug 2025 | 1 | $49.4M | 98.83 | 5.37% | 168 bp | 13 |
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. 31 added, 28 cut, 4 new holders and 7 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Thornburg Strategic Income Fund THORNBURG INVESTMENT TRUST | 2026-06-30 | $33.3M | $33.1M | $0 |
| American Beacon SiM High Yield Opportunities Fund AMERICAN BEACON FUNDS | 2026-05-31 | $32.7M | $32.3M | -$148K |
| Performance Trust Total Return Bond Fund Trust for Professional Managers | 2026-05-31 | $28.8M | $28.7M | $0 |
| Eaton Vance Income Fund of Boston Eaton Vance Series Trust II | 2026-07-31 | $18.8M | $18.5M | $0 |
| BlackRock High Yield Portfolio BlackRock Funds V | 2026-06-30 | $18.6M | $18.3M | -$764K |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $17.0M | $16.7M | $34K |
| American High Income Trust | 2026-06-30 | $16.5M | $16.2M | $0 |
| Federated Hermes Institutional High Yield Bond Fund Federated Hermes Institutional Trust | 2026-07-31 | $10.3M | $10.2M | $0 |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $9.1M | $9.0M | $1.3M |
| HIGH INCOME OPPORTUNITIES PORTFOLIO High Income Opportunities Portfolio | 2026-07-31 | $8.9M | $8.7M | $0 |
| American Funds Multi-Sector Income Fund | 2026-06-30 | $7.5M | $7.4M | $0 |
| Thornburg Investment Income Builder Fund THORNBURG INVESTMENT TRUST | 2026-06-30 | $7.0M | $6.9M | $0 |
| Touchstone Funds Group Trust-Touchstone Ares Credit Opportunities Fund Touchstone Funds Group Trust | 2026-06-30 | $6.0M | $5.9M | $0 |
| Multi-Manager High Yield Bond Fund Goldman Sachs Trust II | 2026-07-31 | $5.8M | $5.7M | $1.1M |
| State Street(R) SPDR(R) Bloomberg High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $5.7M | $5.6M | $1.7M |
| Loomis Sayles Investment Grade Bond Fund LOOMIS SAYLES FUNDS II | 2026-06-30 | $5.2M | $5.1M | $0 |
| Income Fund of America | 2026-07-31 | $5.2M | $5.1M | $0 |
| State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $3.7M | $3.6M | -$448K |
| Columbia Strategic Income Fund COLUMBIA FUNDS SERIES TRUST I | 2026-05-31 | $3.6M | $3.6M | $0 |
| JPMorgan High Yield Fund JPMorgan Trust II | 2026-05-31 | $3.4M | $3.4M | $48K |
| Calvert High Yield Bond Fund Calvert Fund | 2026-06-30 | $3.3M | $3.3M | $0 |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $3.3M | $3.3M | $185K |
| SIIT HIGH YIELD BOND FUND SEI INSTITUTIONAL INVESTMENTS TRUST | 2026-05-31 | $3.1M | $3.1M | $0 |
| Thornburg Income Builder Opportunities Trust | 2026-06-30 | $3.0M | $3.0M | $0 |
| High Yield Bond Core Fund Federated Hermes Core Trust | 2026-06-30 | $2.9M | $2.8M | -$600K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): THE HARTFORD BALANCED INCOME FUND ($2.1M), BlackRock Multi-Sector Income Trust ($772K), Neuberger High Yield Strategies Fund Inc. ($595K), Neuberger High Income Bond Fund ($590K), BlackRock Ltd Duration Income Trust ($348K), PIMCO Low Duration Credit Fund ($250K), BlackRock Core Bond Trust ($141K).
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 | 2 | $17.0M | $16.7M | 0.06% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 2 | $9.1M | $9.0M | 0.08% |
| JNK State Street(R) SPDR(R) Bloomberg High Yield Bond ETF | 2026-06-30 | 1 | $5.7M | $5.6M | 0.08% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 1 | $3.7M | $3.6M | 0.07% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 1 | $3.3M | $3.3M | 0.04% |
| BSJS Invesco BulletShares 2028 High Yield Corporate Bond ETF | 2026-05-31 | 1 | $2.2M | $2.2M | 0.32% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 2 | $1.9M | $1.9M | 0.08% |
| SRLN State Street(R) Blackstone Senior Loan ETF | 2026-06-30 | 1 | $1.8M | $1.8M | 0.03% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 2 | $1.8M | $1.8M | 0.07% |
| JPIE JPMorgan Income ETF | 2026-05-31 | 1 | $1.4M | $1.3M | 0.01% |
| CGMS Capital Group U.S. Multi-Sector Income ETF | 2026-06-30 | 1 | $1.3M | $1.3M | 0.02% |
| IBHH iShares iBonds 2028 Term High Yield and Income ETF | 2026-07-31 | 1 | $1.2M | $1.2M | 0.26% |
| JPHY JPMorgan Active High Yield ETF | 2026-05-31 | 1 | $1.1M | $1.1M | 0.05% |
| NBSD Neuberger Short Duration Income ETF | 2026-07-31 | 1 | $1.0M | $1.0M | 0.08% |
| HYS PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund | 2026-06-30 | 1 | $934K | $928K | 0.06% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 5.12: safer than 50% of companies (48th percentile in Technology). Market-implied, prices to 2026-10-16, balance sheet 2026-07-31.
| Equity value | $5.56B |
| Debt barrier (short-term + ½ long-term debt) | $1.26B |
| Equity volatility (1 year) | 39.7% |
| Asset value / asset volatility (solved) | $6.77B / 32.7% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 167 bp spread prices in about 2.8% 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'' = 2.23 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in SAIC'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 | 49 | $32.2M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 423 | $3.79B | 5 | $4.8M | 7 | $5.8M | 0 |
| 2026-03-31 | 408 | $2.74B | 5 | $2.9M | 6 | $6.0M | 0 |
| 2025-12-31 | 387 | $3.45B | 5 | $3.8M | 4 | $4.9M | 0 |
| 2025-09-30 | 407 | $3.54B | 8 | $6.0M | 8 | $6.2M | 0 |
| 2025-06-30 | 410 | $4.21B | 7 | $5.4M | 8 | $12.5M | 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.