The Charles Schwab Corporation bonds SCHW
Who owns The Charles Schwab 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. SCHW 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 |
|---|---|---|---|---|---|---|---|---|---|
| 808513CG8 | 5.875% fixed | 2026-08-24 | USD | 100.03 | 5.38% | 165 bp | 9 | $30.9M | Jul 2026 |
| 808513AQ8 | 3.2% fixed | 2027-03-02 | USD | 99.36 | 4.31% | 43 bp | 5 | $16.0M | Jul 2026 |
| 808513BY0 | 2.45% fixed | 2027-03-03 | USD | 98.92 | 4.31% | 44 bp | 6 | $16.4M | Jul 2026 |
| 808513BZ7 | 4.682% floating | 2027-03-03 | USD | 100.35 | — | — | 10 | $53.8M | Jul 2026 |
| 808513BW4 | 3.3% fixed | 2027-04-01 | USD | 99.36 | 4.27% | 36 bp | 4 | $7.9M | Jul 2026 |
| 808513CB9 | 5% fixed | 2027-06-01 | USD | 99.81 | 5.22% | 124 bp | 9 | $48.4M | Jul 2026 |
| 808513AR6 | 5% fixed | 2027-12-01 | USD | 99.05 | 5.70% | 170 bp | 7 | $19.9M | Jun 2026 |
| 808513AU9 | 3.2% fixed | 2028-01-25 | USD | 98.06 | 4.57% | 44 bp | 10 | $10.8M | Jul 2026 |
| 808513BP9 | 2% fixed | 2028-03-20 | USD | 96.01 | 4.56% | 40 bp | 12 | $29.1M | Jul 2026 |
| 808513AZ8 | 4% fixed | 2029-02-01 | USD | 98.67 | 4.57% | 33 bp | 9 | $8.3M | Jul 2026 |
| 808513CD5 | 5.643% fixed | 2029-05-19 | USD | 101.74 | 4.97% | 72 bp | 15 | $69.0M | Jul 2026 |
| 808513BA2 | 3.25% fixed | 2029-05-22 | USD | 96.42 | 4.62% | 37 bp | 9 | $19.5M | Jul 2026 |
| 808513CS2 | 4.603% fixed | 2029-07-27 | USD | 99.78 | 4.68% | 42 bp | 5 | $165.5M | Jul 2026 |
| 808513BX2 | 2.75% fixed | 2029-10-01 | USD | 94.11 | 4.77% | 51 bp | 7 | $8.3M | Jul 2026 |
| 808513CJ2 | 6.196% variable | 2029-11-17 | USD | 103.10 | — | — | 19 | $81.4M | Jul 2026 |
| 808513BC8 | 4.63% fixed | 2030-03-22 | USD | 99.76 | 4.70% | 42 bp | 6 | $4.1M | Jul 2026 |
| 808513CQ6 | 4.744% variable | 2030-05-21 | USD | 99.77 | — | — | 23 | $90.4M | Jul 2026 |
| 808513BJ3 | 4% fixed | 2030-12-01 | USD | 92.40 | 6.02% | 171 bp | 25 | $175.5M | Jul 2026 |
| 808513BG9 | 1.65% fixed | 2031-03-11 | USD | 86.66 | 4.92% | 60 bp | 10 | $9.1M | Jul 2026 |
| 808513BS3 | 2.3% fixed | 2031-05-13 | USD | 88.94 | 4.92% | 60 bp | 12 | $9.7M | Jul 2026 |
| 808513CM5 | 6.1% fixed | 2031-06-01 | USD | 98.67 | 6.42% | 210 bp | 46 | $166.0M | Jul 2026 |
| 808513CK9 | 4.343% variable | 2031-11-14 | USD | 97.56 | — | — | 15 | $35.4M | Jul 2026 |
| 808513BT1 | 1.95% fixed | 2031-12-01 | USD | 86.21 | 4.92% | 57 bp | 9 | $5.8M | Jul 2026 |
| 808513CA1 | 2.9% fixed | 2032-03-03 | USD | 89.83 | 5.01% | 64 bp | 10 | $21.0M | Jul 2026 |
| 808513CE3 | 5.853% fixed | 2034-05-19 | USD | 102.89 | 5.39% | 90 bp | 19 | $76.8M | Jul 2026 |
| 808513CH6 | 6.136% fixed | 2034-08-24 | USD | 104.45 | 5.45% | 94 bp | 19 | $86.2M | Jul 2026 |
| 808513CL7 | 4.914% variable | 2036-11-14 | USD | 95.54 | — | — | 30 | $98.7M | Jul 2026 |
| 808513CR4 | 5.493% fixed | 2037-05-21 | USD | 99.36 | 5.57% | 93 bp | 21 | $62.1M | 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 | 27 | $1.41B | 98.92 | 4.92% | 60 bp | 46 |
| Jun 2026 | 28 | $2.69B | 99.16 | 4.69% | 49 bp | 64 |
| May 2026 | 28 | $1.53B | 99.37 | 4.70% | 52 bp | 37 |
| Apr 2026 | 28 | $1.37B | 99.33 | 4.54% | 61 bp | 47 |
| Mar 2026 | 27 | $2.28B | 98.92 | 4.55% | 64 bp | 59 |
| Feb 2026 | 27 | $1.20B | 99.47 | 4.15% | 43 bp | 35 |
| Jan 2026 | 30 | $1.34B | 99.43 | 4.30% | 45 bp | 36 |
| Dec 2025 | 29 | $2.40B | 99.37 | 4.29% | 56 bp | 65 |
| Nov 2025 | 28 | $1.24B | 99.19 | 4.21% | 50 bp | 30 |
| Oct 2025 | 27 | $1.17B | 98.93 | 4.26% | 57 bp | 37 |
| Sep 2025 | 28 | $2.12B | 98.93 | 4.31% | 59 bp | 66 |
| Aug 2025 | 27 | $1.12B | 98.52 | 4.31% | 45 bp | 25 |
| Jul 2025 | 28 | $1.19B | 98.31 | 4.56% | 52 bp | 36 |
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. 166 added, 133 cut, 108 new holders and 80 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Dodge & Cox Income Fund Dodge & Cox Funds | 2026-06-30 | $484.1M | $497.4M | $0 |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $270.5M | $260.0M | $40.7M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $257.0M | $250.1M | $62.6M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $242.3M | $234.0M | -$6.4M |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $222.6M | $224.7M | $80.8M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $158.6M | $155.3M | -$46.0M |
| JPMorgan Strategic Income Opportunities Fund JPMorgan Trust I | 2026-05-31 | $155.0M | $155.0M | new |
| VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $143.1M | $145.5M | -$5.0M |
| VANGUARD ULTRA-SHORT-TERM BOND FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $125.8M | $125.6M | $106.0M |
| First Trust Preferred Securities and Income ETF First Trust Exchange-Traded Fund III | 2026-07-31 | $97.8M | $91.9M | $0 |
| Guggenheim Total Return Bond Fund Guggenheim Funds Trust | 2026-06-30 | $88.4M | $83.9M | $14.8M |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $80.4M | $78.4M | $14.2M |
| VANGUARD INSTITUTIONAL INTERMEDIATE-TERM BOND FUND VANGUARD MALVERN FUNDS | 2026-06-30 | $76.1M | $76.2M | $36.6M |
| Franklin Income Fund Franklin Custodian Funds | 2026-06-30 | $70.0M | $72.7M | -$50.0M |
| VANGUARD ULTRA-SHORT BOND ETF VANGUARD BOND INDEX FUNDS | 2026-06-30 | $71.0M | $71.2M | $47.4M |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $72.7M | $71.1M | -$13.6M |
| Invesco Variable Rate Preferred ETF Invesco Exchange-Traded Fund Trust II | 2026-05-31 | $71.4M | $69.9M | $21.1M |
| MFS Income Fund MFS Series Trust VIII | 2026-07-31 | $65.6M | $64.2M | -$1.4M |
| State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $62.0M | $61.9M | $28.7M |
| MFS Total Return Bond Fund MFS Series Trust IX | 2026-07-31 | $61.0M | $61.8M | -$1.5M |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $61.3M | $60.1M | $3.0M |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $59.3M | $59.6M | $32.1M |
| PIMCO Long Duration Credit Bond Portfolio PIMCO FUNDS | 2026-06-30 | $61.5M | $58.1M | new |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $59.2M | $58.0M | $5.7M |
| Principal Spectrum Preferred Securities Active ETF Principal Exchange-Traded Funds | 2026-06-30 | $53.8M | $52.4M | $46.4M |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): DFA Short-Duration Real Return Portfolio ($17.0M), Navigator Tactical Fixed Income Fund ($16.7M), BrandywineGLOBAL - CORPORATE CREDIT FUND ($16.3M), CTIVP - American Century Diversified Bond Fund ($13.8M), Victory Short-Term Bond Fund ($12.0M), Calvert Short Duration Income Fund ($11.5M), AB Core Bond Portfolio ($11.1M), Calvert Bond Fund ($9.7M), Eaton Vance Total Return Bond ETF ($9.0M), VictoryShares Short-Term Bond ETF ($8.7M).
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 | 18 | $270.5M | $260.0M | 0.07% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 7 | $242.3M | $234.0M | 0.34% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 11 | $158.6M | $155.3M | 0.31% |
| FPE First Trust Preferred Securities and Income ETF | 2026-07-31 | 2 | $97.8M | $91.9M | 1.46% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 7 | $80.4M | $78.4M | 0.15% |
| VUSB VANGUARD ULTRA-SHORT BOND ETF | 2026-06-30 | 7 | $71.0M | $71.2M | 0.80% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 18 | $72.7M | $71.1M | 0.05% |
| VRP Invesco Variable Rate Preferred ETF | 2026-05-31 | 5 | $71.4M | $69.9M | 2.42% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 8 | $62.0M | $61.9M | 0.58% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 18 | $59.3M | $59.6M | 0.51% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 11 | $59.2M | $58.0M | 0.08% |
| PREF Principal Spectrum Preferred Securities Active ETF | 2026-06-30 | 3 | $53.8M | $52.4M | 2.96% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 12 | $52.0M | $51.4M | 0.23% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 6 | $46.1M | $45.2M | 0.25% |
| FPEI First Trust Institutional Preferred Securities and Income ETF | 2026-07-31 | 2 | $37.6M | $35.3M | 1.83% |
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 60 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
Not available.
The stock side: 13F filings
What institutions report holding in SCHW'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 | 416 | $2.23B | 0 | — | 1 | $215K | 0 |
| 2026-06-30 | 2,307 | $128.11B | 49 | $1.56B | 51 | $1.43B | 0 |
| 2026-03-31 | 2,322 | $110.83B | 47 | $1.35B | 47 | $1.17B | 0 |
| 2025-12-31 | 2,314 | $137.41B | 45 | $1.88B | 55 | $1.45B | 0 |
| 2025-09-30 | 2,159 | $132.89B | 48 | $2.02B | 58 | $1.66B | 1 |
| 2025-06-30 | 2,134 | $128.67B | 55 | $1.76B | 65 | $1.99B | 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.