Schweitzer-Mauduit International, Inc. bonds SWM
Who owns Schweitzer-Mauduit International, 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. SWM 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 |
|---|---|---|---|---|---|---|---|---|---|
| 808541AC0 | 8% fixed | 2029-10-01 | USD | 99.04 | 8.34% | 408 bp | 20 | $47.7M | 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 | $47.7M | 99.04 | 8.34% | 408 bp | 20 |
| Jun 2026 | 1 | $67.9M | 99.37 | 8.22% | 406 bp | 37 |
| May 2026 | 1 | $26.2M | 99.63 | 8.12% | 406 bp | 23 |
| Apr 2026 | 1 | $42.4M | 96.80 | 9.11% | 526 bp | 22 |
| Mar 2026 | 1 | $96.4M | 93.25 | 10.35% | 658 bp | 45 |
| Feb 2026 | 1 | $17.2M | 98.76 | 8.40% | 484 bp | 21 |
| Jan 2026 | 1 | $47.8M | 100.78 | 7.75% | 408 bp | 30 |
| Dec 2025 | 1 | $108.8M | 101.10 | 7.65% | 405 bp | 50 |
| Nov 2025 | 1 | $15.8M | 100.24 | 7.92% | 431 bp | 21 |
| Oct 2025 | 1 | $35.7M | 96.86 | 8.97% | 538 bp | 28 |
| Sep 2025 | 1 | $143.1M | 99.10 | 8.27% | 466 bp | 52 |
| Aug 2025 | 1 | $12.1M | 99.01 | 8.29% | 455 bp | 21 |
| Jul 2025 | 1 | $34.4M | 90.19 | 10.99% | 709 bp | 28 |
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. 24 added, 12 cut, 6 new holders and 14 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| BrandywineGLOBAL - HIGH YIELD FUND Legg Mason Partners Investment Trust | 2026-06-30 | $15.5M | $15.4M | -$17.8M |
| BrandywineGLOBAL - CORPORATE CREDIT FUND Legg Mason Partners Investment Trust | 2026-06-30 | $10.8M | $10.8M | -$10.0M |
| Lord Abbett Short Duration High Yield Fund LORD ABBETT TRUST I | 2026-07-31 | $9.3M | $9.2M | $0 |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $8.1M | $8.0M | $886K |
| Buffalo High Yield Fund Buffalo Funds | 2026-06-30 | $7.5M | $7.5M | $0 |
| Fidelity SAI High Income Fund Fidelity Summer Street Trust | 2026-07-31 | $6.4M | $6.3M | $615K |
| Fidelity High Income Fund Fidelity Summer Street Trust | 2026-07-31 | $6.3M | $6.3M | $0 |
| Timothy Plan High Yield Bond Fund TIMOTHY PLAN | 2026-06-30 | $5.5M | $5.4M | $400K |
| KKR Income Opportunities Fund | 2026-07-31 | $4.9M | $4.8M | $2.4M |
| Fidelity Total Bond Fund Fidelity Income Fund | 2026-05-31 | $4.5M | $4.5M | $2.0M |
| Hotchkis and Wiley High Yield Fund HOTCHKIS & WILEY FUNDS/DE/ | 2026-06-30 | $4.3M | $4.3M | $0 |
| Fidelity Enhanced High Yield ETF Fidelity Covington Trust | 2026-05-31 | $4.0M | $4.0M | new |
| DoubleLine Income Solutions Fund | 2026-06-30 | $3.9M | $3.9M | $0 |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $3.8M | $3.7M | $260K |
| Short Duration Bond Fund John Hancock Bond Trust | 2026-05-31 | $3.4M | $3.4M | new |
| Virtus Seix High Yield Fund Virtus Asset Trust | 2026-06-30 | $3.1M | $3.1M | $0 |
| Fidelity Total Bond ETF Fidelity Merrimack Street Trust | 2026-05-31 | $3.0M | $3.0M | $1.5M |
| State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $2.7M | $2.6M | $1.2M |
| Victory Pioneer High Yield Fund Victory Portfolios IV | 2026-07-31 | $2.6M | $2.5M | $0 |
| Fidelity SAI Total Bond Fund Fidelity Salem Street Trust | 2026-05-31 | $2.3M | $2.3M | $1.0M |
| PIA High Yield MACS Fund Advisors Series Trust | 2026-05-31 | $2.3M | $2.3M | $0 |
| Barrow Hanley Credit Opportunities Fund Perpetual Americas Funds Trust | 2026-06-30 | $2.2M | $2.2M | $0 |
| PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund PIMCO ETF Trust | 2026-06-30 | $1.9M | $1.9M | -$124K |
| DoubleLine Yield Opportunities Fund | 2026-06-30 | $1.8M | $1.8M | $0 |
| CITY NATIONAL ROCHDALE FIXED INCOME OPPORTUNITIES FUND City National Rochdale Funds | 2026-06-30 | $1.8M | $1.7M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Lord Abbett High Yield Fund ($5.0M), Fidelity Advisor Multi-Asset Income Fund ($4.3M), High Yield Bond Portfolio ($1.5M), DoubleLine Core Fixed Income Fund ($620K), State Street(R) DoubleLine(R) Total Return Tactical ETF ($395K), Aristotle High Yield Bond Fund ($250K), JNL/DoubleLine Core Fixed Income Fund ($235K), DoubleLine Flexible Income Fund ($165K), DoubleLine Opportunistic Core Bond ETF ($90K), DoubleLine Multi-Sector Income ETF ($75K).
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 | 1 | $8.1M | $8.0M | 0.03% |
| FDHY Fidelity Enhanced High Yield ETF | 2026-05-31 | 1 | $4.0M | $4.0M | 0.77% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 1 | $3.8M | $3.7M | 0.05% |
| FBND Fidelity Total Bond ETF | 2026-05-31 | 1 | $3.0M | $3.0M | 0.01% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 1 | $2.7M | $2.6M | 0.05% |
| HYS PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund | 2026-06-30 | 1 | $1.9M | $1.9M | 0.11% |
| XCCC BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 2026-07-31 | 1 | $1.0M | $997K | 0.38% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 1 | $882K | $876K | 0.01% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 1 | $821K | $819K | 0.03% |
| IBHI iShares iBonds 2029 Term High Yield and Income ETF | 2026-07-31 | 1 | $711K | $704K | 0.14% |
| IQHI NYLIM MacKay High Income ETF | 2026-07-31 | 1 | $525K | $520K | 0.47% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 1 | $415K | $411K | 0.00% |
| HYGV FlexShares High Yield Value - Scored Bond Index Fund | 2026-07-31 | 1 | $300K | $297K | 0.03% |
| FSYD Fidelity Sustainable High Yield ETF | 2026-05-31 | 1 | $235K | $234K | 0.19% |
| BBHY JPMorgan BetaBuilders USD High Yield Corporate Bond ETF | 2026-05-31 | 1 | $161K | $160K | 0.03% |
Default risk, three ways
Stock market: distance-to-default
No stock-market measure for this issuer.
Bond market: priced-in odds
A 408 bp spread prices in about 6.8% 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
Not available.
The stock side: 13F filings
What institutions report holding in SWM'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 | 17 | $9.9M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 199 | $384.9M | 2 | $104K | 2 | $107K | 0 |
| 2026-03-31 | 186 | $403.8M | 0 | — | 2 | $137K | 0 |
| 2025-12-31 | 202 | $603.0M | 1 | $80K | 6 | $1.9M | 0 |
| 2025-09-30 | 189 | $555.0M | 5 | $1.5M | 6 | $1.4M | 0 |
| 2025-06-30 | 176 | $331.3M | 5 | $1.2M | 5 | $12.8M | 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.