Terex Corporation bonds TEX
Who owns Terex 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. TEX 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 |
|---|---|---|---|---|---|---|---|---|---|
| 880779BA0 | 5% fixed | 2029-05-15 | USD | 98.62 | 5.54% | 128 bp | 27 | $37.2M | Jul 2026 |
| BL5184751 | 0% fixed | 2031-10-08 | USD | — | — | — | 2 | $451K | Jun 2026 |
| 880779BB8 | 6.25% fixed | 2032-10-15 | USD | 100.39 | 6.17% | 176 bp | 46 | $54.0M | 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 | 2 | $91.2M | 99.50 | 5.85% | 152 bp | 46 |
| Jun 2026 | 3 | $111.2M | 100.19 | 5.67% | 146 bp | 66 |
| May 2026 | 2 | $165.3M | 100.34 | 5.64% | 149 bp | 40 |
| Apr 2026 | 2 | $90.7M | 100.47 | 5.59% | 165 bp | 52 |
| Mar 2026 | 3 | $119.1M | 99.62 | 5.81% | 195 bp | 70 |
| Feb 2026 | 2 | $155.0M | 101.45 | 5.36% | 167 bp | 37 |
| Jan 2026 | 2 | $85.8M | 101.04 | 5.46% | 166 bp | 50 |
| Dec 2025 | 3 | $138.7M | 101.16 | 5.44% | 171 bp | 68 |
| Nov 2025 | 2 | $147.3M | 100.77 | 5.53% | 181 bp | 38 |
| Oct 2025 | 2 | $82.4M | 99.82 | 5.78% | 209 bp | 49 |
| Sep 2025 | 3 | $154.1M | 100.19 | 5.69% | 197 bp | 71 |
| Aug 2025 | 2 | $137.6M | 99.81 | 5.76% | 190 bp | 40 |
| Jul 2025 | 2 | $95.1M | 98.89 | 5.96% | 194 bp | 50 |
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. 46 added, 26 cut, 4 new holders and 8 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| PGIM High Yield Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $43.2M | $43.2M | $1.6M |
| BlackRock High Yield Portfolio BlackRock Funds V | 2026-06-30 | $29.5M | $29.6M | $2.0M |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $25.1M | $24.9M | $473K |
| JPMorgan High Yield Fund JPMorgan Trust II | 2026-05-31 | $20.5M | $20.5M | $362K |
| iShares iBoxx $ High Yield Corporate Bond ETF iShares Trust | 2026-05-31 | $18.8M | $18.9M | $1.4M |
| PGIM Short Duration High Yield Income Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $15.4M | $15.3M | $4.5M |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $12.5M | $12.5M | -$2.0M |
| JPMorgan Active High Yield ETF J.P. Morgan Exchange-Traded Fund Trust | 2026-05-31 | $9.0M | $9.1M | $172K |
| JPMorgan Income Fund JPMorgan Trust I | 2026-05-31 | $8.9M | $9.0M | $515K |
| JPMorgan Income Builder Fund JPMorgan Trust I | 2026-07-31 | $8.0M | $7.9M | $121K |
| AB Short Duration High Yield ETF AB Active ETFs, Inc. | 2026-05-31 | $6.4M | $6.3M | $0 |
| MFS High Income Fund MFS Series Trust III | 2026-07-31 | $5.7M | $5.7M | $1.2M |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $5.1M | $5.0M | -$25K |
| State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $5.0M | $5.0M | -$162K |
| JPMorgan Core Plus Bond Fund JPMorgan Trust II | 2026-05-31 | $4.9M | $4.9M | $545K |
| NYLIM MacKay Short Duration High Income Fund NYLIM FUNDS TRUST | 2026-07-31 | $4.5M | $4.4M | $0 |
| PGIM Active High Yield Bond ETF PGIM ETF Trust | 2026-05-29 | $4.4M | $4.4M | $192K |
| Neuberger Strategic Income Fund NEUBERGER BERMAN INCOME FUNDS | 2026-07-31 | $4.4M | $4.4M | $0 |
| NYLIM MacKay Strategic Bond Fund NYLIM FUNDS | 2026-07-31 | $4.4M | $4.4M | $0 |
| Xtrackers USD High Yield Corporate Bond ETF DBX ETF Trust | 2026-05-29 | $4.2M | $4.2M | -$320K |
| JPMorgan Income ETF J.P. Morgan Exchange-Traded Fund Trust | 2026-05-31 | $4.2M | $4.2M | $685K |
| Nomura VIP High Income Series Ivy Variable Insurance Portfolios | 2026-06-30 | $3.9M | $3.9M | $0 |
| Multi-Manager High Yield Bond Fund Goldman Sachs Trust II | 2026-07-31 | $3.3M | $3.3M | $575K |
| Goldman Sachs High Yield Fund GOLDMAN SACHS TRUST | 2026-06-30 | $3.3M | $3.3M | $0 |
| JPMorgan Core Plus Bond ETF J.P. Morgan Exchange-Traded Fund Trust | 2026-05-31 | $3.2M | $3.3M | $850K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Franklin Global Allocation Fund ($5.2M), MFS MULTIMARKET INCOME TRUST ($373K), SIMT Multi-Asset Income Fund ($190K), Neuberger Flexible Credit Income ETF ($130K), Goldman Sachs Income Fund ($105K), BlackRock Global Allocation Fund, Inc. ($92K), State Street(R) My2029 High Yield Corporate Bond ETF ($30K), Columbia U.S. High Yield ETF ($25K).
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 | $25.1M | $24.9M | 0.09% |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 2026-05-31 | 2 | $18.8M | $18.9M | 0.12% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 2 | $12.5M | $12.5M | 0.11% |
| JPHY JPMorgan Active High Yield ETF | 2026-05-31 | 2 | $9.0M | $9.1M | 0.41% |
| SYFI AB Short Duration High Yield ETF | 2026-05-31 | 1 | $6.4M | $6.3M | 0.70% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 1 | $5.1M | $5.0M | 0.07% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 1 | $5.0M | $5.0M | 0.10% |
| PHYL PGIM Active High Yield Bond ETF | 2026-05-29 | 2 | $4.4M | $4.4M | 0.34% |
| HYLB Xtrackers USD High Yield Corporate Bond ETF | 2026-05-29 | 2 | $4.2M | $4.2M | 0.12% |
| JPIE JPMorgan Income ETF | 2026-05-31 | 2 | $4.2M | $4.2M | 0.05% |
| JCPB JPMorgan Core Plus Bond ETF | 2026-05-31 | 2 | $3.2M | $3.3M | 0.03% |
| JNK State Street(R) SPDR(R) Bloomberg High Yield Bond ETF | 2026-06-30 | 2 | $3.1M | $3.2M | 0.04% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 2 | $2.7M | $2.7M | 0.11% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 2 | $2.5M | $2.5M | 0.10% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 2 | $1.5M | $1.5M | 0.00% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 4.01: safer than 37% of companies (36th percentile in Industrials). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $5.79B |
| Debt barrier (short-term + ½ long-term debt) | $1.35B |
| Equity volatility (1 year) | 49.5% |
| Asset value / asset volatility (solved) | $7.08B / 40.5% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 152 bp spread prices in about 2.5% 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 = 1.81 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in TEX'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 | 41 | $76.0M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 472 | $8.40B | 11 | $23.6M | 10 | $46.0M | 0 |
| 2026-03-31 | 457 | $5.78B | 11 | $11.2M | 10 | $18.6M | 0 |
| 2025-12-31 | 345 | $3.72B | 10 | $9.5M | 11 | $25.4M | 2 |
| 2025-09-30 | 322 | $3.41B | 13 | $16.4M | 13 | $23.4M | 2 |
| 2025-06-30 | 318 | $3.09B | 15 | $15.3M | 14 | $14.8M | 2 |
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.