Teladoc Health, Inc. bonds TDOC
Who owns Teladoc Health, 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. TDOC 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 |
|---|---|---|---|---|---|---|---|---|---|
| 87918AAF2 convertible | 1.25% fixed | 2027-06-01 | USD | 97.12 | — | — | 5 | $45.5M | Jul 2026 |
Spread history
Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.
Not enough US-dollar bonds with a yield.
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 | $45.5M | 97.12 | — | — | 5 |
| Jun 2026 | 1 | $15.0M | 97.05 | — | — | 2 |
| May 2026 | 1 | $68K | 97.50 | — | — | 1 |
| Apr 2026 | 1 | $41.3M | 96.30 | — | — | 6 |
| Mar 2026 | 1 | $13.8M | 95.68 | — | — | 4 |
| Feb 2026 | 1 | $67K | 95.55 | — | — | 1 |
| Jan 2026 | 1 | $39.2M | 95.96 | — | — | 6 |
| Dec 2025 | 1 | $23.5M | 95.20 | — | — | 9 |
| Nov 2025 | 1 | $869K | 94.54 | — | — | 4 |
| Oct 2025 | 1 | $34.8M | 94.13 | — | — | 10 |
| Sep 2025 | 1 | $24.5M | 93.59 | — | — | 10 |
| Aug 2025 | 1 | $708K | 92.85 | — | — | 3 |
| Jul 2025 | 1 | $35.1M | 92.25 | — | — | 10 |
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. 4 added, 0 cut, 0 new holders and 3 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| iShares Convertible Bond ETF iShares Trust | 2026-07-31 | $20.8M | $20.2M | $4.2M |
| Calamos Market Neutral Income Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $16.2M | $15.8M | $0 |
| State Street(R) SPDR(R) Bloomberg Convertible Securities ETF SPDR SERIES TRUST | 2026-06-30 | $15.2M | $14.8M | $2.9M |
| NYLIM MacKay Convertible Fund NYLIM FUNDS | 2026-07-31 | $7.2M | $7.0M | $0 |
| Multi-Asset Strategy Fund RUSSELL INVESTMENT CO | 2026-07-31 | $1.7M | $1.6M | $172K |
| Multi-Strategy Income Fund RUSSELL INVESTMENT CO | 2026-07-31 | $1.0M | $979K | $105K |
| 1290 VT Convertible Securities Portfolio EQ Advisors Trust | 2026-06-30 | $200K | $194K | $0 |
| Putnam Multi-Asset Income Fund Putnam Asset Allocation Funds | 2026-05-31 | $70K | $68K | $0 |
| American Beacon SSI Alternative Income Fund AMERICAN BEACON FUNDS | 2026-06-30 | $0 | $0 | -$1.5M |
| Morningstar Alternatives Fund Morningstar Funds Trust | 2026-07-31 | $0 | $0 | -$507K |
| Strategic Alternatives Fund GuideStone Funds | 2026-06-30 | $0 | $0 | -$338K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): American Beacon SSI Alternative Income Fund ($1.5M), Morningstar Alternatives Fund ($507K), Strategic Alternatives Fund ($338K).
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.
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 2.06: safer than 14% of companies (17th percentile in Healthcare). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $1.04B |
| Debt barrier (short-term + ½ long-term debt) | $996.7M |
| Equity volatility (1 year) | 62.9% |
| Asset value / asset volatility (solved) | $1.99B / 33.1% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
No US-dollar bond with a yield to compute it from.
Accounts: Altman Z
Altman Z'' = -19.53 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in TDOC'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 | 34 | $14.6M | 0 | — | 0 | — | 1 |
| 2026-06-30 | 342 | $1.28B | 15 | $48.9M | 21 | $68.7M | 39 |
| 2026-03-31 | 313 | $648.1M | 14 | $32.2M | 21 | $43.2M | 42 |
| 2025-12-31 | 334 | $921.0M | 17 | $54.0M | 26 | $54.1M | 45 |
| 2025-09-30 | 347 | $954.2M | 20 | $61.7M | 28 | $53.4M | 49 |
| 2025-06-30 | 350 | $1.11B | 19 | $57.3M | 29 | $56.5M | 51 |
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.