Teva Pharmaceutical Industries Limited bonds TEVA
Who owns Teva Pharmaceutical Industries Limited'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. TEVA 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 |
|---|---|---|---|---|---|---|---|---|---|
| 88167AAE1 | 3.15% fixed | 2026-10-01 | USD | 99.67 | 5.10% | 137 bp | 35 | $94.8M | Jul 2026 |
| 88167AAP6 | 4.75% fixed | 2027-05-09 | USD | 99.84 | 4.96% | 101 bp | 16 | $78.3M | Jul 2026 |
| 88167AAK7 | 6.75% fixed | 2028-03-01 | USD | 102.01 | 5.41% | 126 bp | 20 | $263.2M | Jul 2026 |
| 88167AAQ4 | 5.125% fixed | 2029-05-09 | USD | 99.74 | 5.22% | 97 bp | 26 | $179.4M | Jul 2026 |
| N8539TAN4 | 7.375% fixed | 2029-09-15 | EUR | 109.49 | 4.07% | — | 1 | $126K | Jul 2026 |
| 88167AAS0 | 7.875% fixed | 2029-09-15 | USD | 106.61 | 5.54% | 127 bp | 8 | $43.8M | Jul 2026 |
| N8539TAL8 | 4.375% fixed | 2030-05-09 | EUR | 101.10 | 4.05% | — | 13 | $18.5M | Jul 2026 |
| BS1759429 | 4.375% fixed | 2030-05-09 | EUR | 101.80 | 3.86% | — | 7 | $30.9M | Jun 2026 |
| 881937AA4 | 5.75% fixed | 2030-12-01 | USD | 101.28 | 5.41% | 111 bp | 38 | $98.3M | Jul 2026 |
| N8539TAP9 | 7.875% fixed | 2031-09-15 | EUR | 116.35 | 4.25% | — | 11 | $10.0M | Jul 2026 |
| 88167AAR2 | 8.125% fixed | 2031-09-15 | USD | 111.04 | 5.61% | 128 bp | 18 | $35.6M | Jul 2026 |
| 88167AAT8 | 6% fixed | 2032-12-01 | USD | 101.92 | 5.63% | 122 bp | 30 | $88.9M | Jul 2026 |
| 88163VAD1 | 6.15% fixed | 2036-02-01 | USD | 102.72 | 5.77% | 120 bp | 13 | $8.3M | Jul 2026 |
| 88167AAF8 | 4.1% fixed | 2046-10-01 | USD | 73.73 | 6.45% | 134 bp | 34 | $68.4M | 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 | 13 | $987.7M | 101.92 | 5.58% | 124 bp | 38 |
| Jun 2026 | 14 | $2.24B | 102.44 | 5.29% | 103 bp | 72 |
| May 2026 | 14 | $353.6M | 102.56 | 5.28% | 107 bp | 30 |
| Apr 2026 | 13 | $1.02B | 102.65 | 5.25% | 118 bp | 39 |
| Mar 2026 | 14 | $2.21B | 101.92 | 5.52% | 154 bp | 72 |
| Feb 2026 | 14 | $329.7M | 103.77 | 4.93% | 125 bp | 32 |
| Jan 2026 | 13 | $1.04B | 103.89 | 4.92% | 121 bp | 39 |
| Dec 2025 | 14 | $2.31B | 103.81 | 4.88% | 124 bp | 79 |
| Nov 2025 | 14 | $352.8M | 103.83 | 5.08% | 134 bp | 31 |
| Oct 2025 | 13 | $1.06B | 103.89 | 5.16% | 144 bp | 46 |
| Sep 2025 | 14 | $2.28B | 103.45 | 5.17% | 141 bp | 82 |
| Aug 2025 | 13 | $342.3M | 102.81 | 5.32% | 146 bp | 31 |
| Jul 2025 | 13 | $1.01B | 101.95 | 5.41% | 147 bp | 48 |
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. 42 added, 75 cut, 20 new holders and 24 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Bond Fund of America | 2026-06-30 | $513.6M | $532.9M | $0 |
| Income Fund of America | 2026-07-31 | $439.2M | $444.3M | -$27.3M |
| American High Income Trust | 2026-06-30 | $256.4M | $259.7M | -$52.6M |
| Loomis Sayles Investment Grade Bond Fund LOOMIS SAYLES FUNDS II | 2026-06-30 | $159.8M | $151.1M | $0 |
| American Funds Multi-Sector Income Fund | 2026-06-30 | $145.3M | $144.0M | $0 |
| VANGUARD HIGH-YIELD CORPORATE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $133.4M | $132.2M | -$3.0M |
| Franklin Income Fund Franklin Custodian Funds | 2026-06-30 | $81.0M | $87.3M | $0 |
| Lord Abbett Short Duration Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $85.0M | $84.6M | $0 |
| Bridge Builder Core Plus Bond Fund Bridge Builder Trust | 2026-06-30 | $85.9M | $76.7M | $0 |
| Loomis Sayles Income Fund LOOMIS SAYLES FUNDS I | 2026-06-30 | $72.2M | $66.8M | $0 |
| American Funds Strategic Bond Fund | 2026-06-30 | $63.5M | $63.3M | $0 |
| Baird Core Plus Bond Fund Baird Funds Inc | 2026-06-30 | $58.1M | $58.6M | $21.9M |
| Bond Fund John Hancock Sovereign Bond Fund | 2026-05-31 | $63.4M | $58.3M | $9.7M |
| iShares iBoxx $ High Yield Corporate Bond ETF iShares Trust | 2026-05-31 | $55.8M | $57.7M | -$6.1M |
| Capital Income Builder | 2026-07-31 | $45.3M | $44.1M | $0 |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $43.7M | $44.1M | -$1.9M |
| The Bond Fund of America AMERICAN FUNDS INSURANCE SERIES | 2026-06-30 | $42.5M | $44.0M | $0 |
| American Balanced Fund | 2026-06-30 | $41.5M | $43.0M | new |
| Loomis Sayles Strategic Income Fund LOOMIS SAYLES FUNDS II | 2026-06-30 | $42.6M | $39.9M | -$5.7M |
| Capital Group U.S. Multi-Sector Income ETF Capital Group Fixed Income ETF Trust | 2026-06-30 | $35.9M | $36.8M | $3.0M |
| Janus Henderson Balanced Fund Janus Investment Fund | 2026-06-30 | $35.0M | $36.3M | $0 |
| Baird Ultra Short Bond Fund Baird Funds Inc | 2026-06-30 | $29.7M | $29.7M | new |
| BlackRock High Yield Portfolio BlackRock Funds V | 2026-06-30 | $27.6M | $27.8M | -$21.1M |
| Janus Henderson Multi-Sector Income Fund JANUS INVESTMENT FUND | 2026-06-30 | $24.9M | $27.8M | $0 |
| Victory Pioneer Strategic Income Fund Victory Portfolios IV | 2026-06-30 | $24.0M | $27.7M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): PIMCO High Yield Fund ($14.3M), CALAMOS STRATEGIC TOTAL RETURN FUND ($1.5M), Nuveen Core Bond Fund ($1.4M), CALAMOS CONVERTIBLE & HIGH INCOME FUND ($1.3M), CALAMOS CONVERTIBLE OPPORTUNITIES & INCOME FUND ($1.2M), Nuveen Core Plus Bond Fund ($1.2M), Short Bond Fund ($1.0M), THE HARTFORD HIGH YIELD FUND ($830K), High Yield Fund ($795K), Fixed Income Fund ($770K).
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 |
|---|---|---|---|---|---|
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 2026-05-31 | 6 | $55.8M | $57.7M | 0.36% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 6 | $43.7M | $44.1M | 0.58% |
| CGMS Capital Group U.S. Multi-Sector Income ETF | 2026-06-30 | 7 | $35.9M | $36.8M | 0.71% |
| CGCP Capital Group Core Plus Income ETF | 2026-06-30 | 9 | $24.2M | $24.5M | 0.29% |
| HYEM VanEck Emerging Markets High Yield Bond ETF | 2026-07-31 | 8 | $12.2M | $11.6M | 2.22% |
| FTCB First Trust Core Investment Grade ETF | 2026-07-31 | 2 | $12.0M | $10.5M | 0.41% |
| EMHY iShares J.P. Morgan EM High Yield Bond ETF | 2026-07-31 | 7 | $9.7M | $9.0M | 1.45% |
| HYLB Xtrackers USD High Yield Corporate Bond ETF | 2026-05-29 | 3 | $7.4M | $7.6M | 0.22% |
| CGSD Capital Group Short Duration Income ETF | 2026-06-30 | 1 | $7.6M | $7.6M | 0.32% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 7 | $8.0M | $7.5M | 0.02% |
| FSIG First Trust Limited Duration Investment Grade Corporate ETF | 2026-07-31 | 2 | $6.4M | $6.5M | 0.43% |
| USTB VictoryShares Short-Term Bond ETF | 2026-06-30 | 2 | $6.4M | $6.4M | 0.29% |
| TBUX T. Rowe Price Ultra Short-Term Bond ETF | 2026-05-31 | 2 | $6.3M | $6.3M | 0.55% |
| FBND Fidelity Total Bond ETF | 2026-05-31 | 5 | $5.3M | $5.5M | 0.02% |
| WISD SLW Short Duration Income ETF | 2026-07-31 | 1 | $5.0M | $5.0M | 1.29% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 5.44: safer than 53% of companies (50th percentile in Healthcare). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $48.20B |
| Debt barrier (short-term + ½ long-term debt) | $10.55B |
| Equity volatility (1 year) | 37.9% |
| Asset value / asset volatility (solved) | $58.31B / 31.3% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 124 bp spread prices in about 2.1% 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'' = -0.93 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
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.