Truist Financial Corporation bonds TFC
Who owns Truist Financial 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. TFC 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 |
|---|---|---|---|---|---|---|---|---|---|
| 07330MAA5 | 3.8% fixed | 2026-10-30 | USD | 99.90 | 4.20% | 47 bp | 4 | $15.5M | Jul 2026 |
| 635454AC5 | 4.967% floating | 2027-04-01 | USD | 99.33 | — | — | 1 | $7.0M | Jul 2026 |
| 86787XAA3 | 4.583% floating | 2027-05-15 | USD | 99.60 | — | — | 5 | $18.6M | Jul 2026 |
| 89788JAE9 | 4.671% fixed | 2027-05-20 | USD | 99.99 | 4.68% | 98 bp | 12 | $207.6M | Apr 2026 |
| 89788MAN2 | 6.047% fixed | 2027-06-08 | USD | 100.04 | 6.01% | 221 bp | 26 | $240.6M | May 2026 |
| 89788MAC6 | 1.13% fixed | 2027-08-03 | USD | 96.91 | 4.30% | 25 bp | 9 | $10.4M | Jul 2026 |
| 89832QAC3 | 5.125% variable | 2027-12-15 | USD | 99.25 | — | — | 2 | $3.3M | Jul 2026 |
| 86788LAA8 | 4.576% floating | 2028-03-15 | USD | 99.17 | — | — | 2 | $12.2M | Jul 2026 |
| 89788MAG7 | 4.12% fixed | 2028-06-06 | USD | 99.53 | 4.38% | 19 bp | 7 | $8.7M | Jul 2026 |
| 89788JAF6 | 4.42% fixed | 2028-07-24 | USD | 99.76 | 4.55% | 33 bp | 17 | $173.3M | Jul 2026 |
| 89788MAL6 | 4.873% fixed | 2029-01-26 | USD | 100.17 | 4.80% | 56 bp | 13 | $54.7M | Jul 2026 |
| 89788JAJ8 | 4.144% fixed | 2029-01-27 | USD | 99.12 | 4.52% | 28 bp | 17 | $96.1M | Jul 2026 |
| 05531GAB7 | 3.875% fixed | 2029-03-19 | USD | 97.62 | 4.85% | 60 bp | 7 | $8.5M | Jul 2026 |
| 89788MAE2 | 1.887% fixed | 2029-06-07 | USD | 94.86 | 3.81% | -45 bp | 11 | $5.6M | Jul 2026 |
| 07330MAC1 | 2.636% fixed | 2029-09-17 | USD | 98.63 | 3.10% | -117 bp | 13 | $68.2M | Jul 2026 |
| 89788JAH2 | 4.136% fixed | 2029-10-23 | USD | 98.52 | 4.63% | 37 bp | 22 | $64.6M | Jul 2026 |
| 89788MAQ5 | 7.161% fixed | 2029-10-30 | USD | 104.73 | 5.54% | 128 bp | 28 | $96.8M | Jul 2026 |
| 89788MAR3 | 5.435% fixed | 2030-01-24 | USD | 101.15 | 5.07% | 79 bp | 20 | $62.3M | Jul 2026 |
| 89832QAF6 | 5.1% fixed | 2030-03-01 | USD | 99.16 | 5.36% | 108 bp | 20 | $21.7M | Jul 2026 |
| 89788KAA4 | 2.25% fixed | 2030-03-11 | USD | 90.62 | 5.13% | 84 bp | 11 | $13.2M | Jul 2026 |
| 89788MAB8 | 1.95% fixed | 2030-06-05 | USD | 89.68 | 4.93% | 64 bp | 13 | $36.8M | Jul 2026 |
| 89788MAZ5 | 4.957% fixed | 2030-07-23 | USD | 99.85 | 5.00% | 70 bp | 26 | $78.4M | Jul 2026 |
| 89788MAU6 | 5.071% variable | 2031-05-20 | USD | 99.98 | — | — | 15 | $91.7M | Jul 2026 |
| 89832QAK5 | 6.25% variable | 2031-06-15 | USD | 99.06 | — | — | 8 | $9.8M | Jul 2026 |
| 89788MAW2 | 4.597% fixed | 2032-01-27 | USD | 97.62 | 5.10% | 74 bp | 30 | $80.2M | Jul 2026 |
| 89788MAX0 | 4.68% fixed | 2032-04-23 | USD | 97.69 | 5.15% | 77 bp | 14 | $16.1M | Jul 2026 |
| 89788MAT9 | 5.153% variable | 2032-08-05 | USD | 99.66 | — | — | 11 | $13.1M | Jul 2026 |
| 89788NAA8 | 4.916% fixed | 2033-07-28 | USD | 96.86 | 5.46% | 100 bp | 8 | $4.4M | Jul 2026 |
| 89788MAK8 | 6.123% fixed | 2033-10-28 | USD | 104.05 | 5.44% | 97 bp | 8 | $7.4M | Jul 2026 |
| 89788MAM4 | 5.122% fixed | 2034-01-26 | USD | 98.40 | 5.38% | 90 bp | 16 | $22.2M | Jul 2026 |
| 89788MAP7 | 5.867% fixed | 2034-06-08 | USD | 102.14 | 5.53% | 103 bp | 20 | $34.6M | Jul 2026 |
| 89788MAS1 | 5.711% fixed | 2035-01-24 | USD | 101.03 | 5.56% | 103 bp | 23 | $44.6M | Jul 2026 |
| 89788MAV4 | 4.964% fixed | 2036-10-23 | USD | 95.18 | 5.59% | 98 bp | 14 | $65.5M | Jul 2026 |
| 89788MAY8 | 5.281% fixed | 2037-04-23 | USD | 96.88 | 5.67% | 104 bp | 10 | $10.8M | 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 | 33 | $1.44B | 99.17 | 5.09% | 75 bp | 30 |
| Jun 2026 | 31 | $2.51B | 99.45 | 4.88% | 67 bp | 84 |
| May 2026 | 32 | $2.56B | 99.62 | 4.83% | 70 bp | 44 |
| Apr 2026 | 34 | $1.81B | 99.59 | 4.75% | 88 bp | 30 |
| Mar 2026 | 31 | $2.57B | 99.68 | 4.76% | 98 bp | 88 |
| Feb 2026 | 31 | $2.87B | 100.49 | 4.35% | 74 bp | 45 |
| Jan 2026 | 33 | $1.87B | 100.18 | 4.49% | 74 bp | 42 |
| Dec 2025 | 30 | $2.34B | 100.30 | 4.46% | 83 bp | 85 |
| Nov 2025 | 30 | $2.59B | 100.22 | 4.38% | 79 bp | 48 |
| Oct 2025 | 33 | $1.82B | 99.98 | 4.49% | 92 bp | 35 |
| Sep 2025 | 31 | $2.24B | 100.04 | 4.50% | 88 bp | 82 |
| Aug 2025 | 33 | $2.58B | 99.99 | 4.48% | 72 bp | 48 |
| Jul 2025 | 34 | $1.74B | 99.81 | 4.69% | 77 bp | 39 |
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. 171 added, 155 cut, 41 new holders and 58 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $300.8M | $306.4M | $4.7M |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $278.2M | $274.3M | $2.9M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $250.7M | $248.4M | -$5.1M |
| JPMorgan Ultra-Short Income ETF J.P. Morgan Exchange-Traded Fund Trust | 2026-05-31 | $233.3M | $233.0M | -$187.9M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $228.3M | $224.6M | $0 |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $182.4M | $183.6M | -$92.8M |
| Bond Fund John Hancock Sovereign Bond Fund | 2026-05-31 | $132.1M | $135.6M | $36.0M |
| VANGUARD ULTRA-SHORT-TERM BOND FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $134.6M | $133.7M | -$28.2M |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $121.6M | $121.2M | $5.6M |
| iShares iBoxx $ Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $112.4M | $111.9M | $15.4M |
| JPMorgan Core Bond Fund JPMorgan Trust II | 2026-05-31 | $106.1M | $105.9M | -$8.0M |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $99.4M | $98.6M | $1.3M |
| Franklin Income Fund Franklin Custodian Funds | 2026-06-30 | $95.0M | $93.2M | -$45.0M |
| American Funds Multi-Sector Income Fund | 2026-06-30 | $81.1M | $82.4M | -$4.4M |
| VANGUARD ULTRA-SHORT BOND ETF VANGUARD BOND INDEX FUNDS | 2026-06-30 | $81.9M | $81.4M | $0 |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $80.0M | $80.9M | $2.1M |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $79.2M | $78.7M | -$14.8M |
| State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $74.1M | $74.7M | -$6.0M |
| PGIM Total Return Bond Fund Prudential Investment Portfolios, Inc. 17 | 2026-07-31 | $71.4M | $72.6M | $0 |
| Nuveen Preferred & Income Opportunities Fund | 2026-07-31 | $72.3M | $72.3M | -$9.0M |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $69.1M | $69.9M | $6.4M |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $68.0M | $68.0M | -$30.1M |
| American Balanced Fund | 2026-06-30 | $66.8M | $67.0M | $40.0M |
| Core Fixed Income Fund Principal Funds, Inc | 2026-07-31 | $63.0M | $62.0M | -$5.0M |
| Nuveen Preferred Securities and Income Fund Nuveen Investment Trust V | 2026-05-31 | $60.9M | $61.0M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Victory Pioneer Multi-Asset Ultrashort Income Fund ($41.4M), Baird Ultra Short Bond Fund ($28.0M), Navigator Tactical Fixed Income Fund ($28.0M), Lord Abbett Short Duration Income Fund ($23.8M), MFS Corporate Bond Fund ($10.4M), Goldman Sachs Short-Term Conservative Income Fund ($10.0M), NORTH SQUARE STRATEGIC INCOME FUND ($10.0M), BlackRock Credit Allocation Income Trust ($9.3M), NORTH SQUARE PREFERRED AND INCOME SECURITIES FUND ($8.9M), Short Duration Strategic Income Fund ($8.4M).
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 |
|---|---|---|---|---|---|
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 8 | $300.8M | $306.4M | 0.45% |
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 17 | $278.2M | $274.3M | 0.07% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 13 | $250.7M | $248.4M | 0.49% |
| JPST JPMorgan Ultra-Short Income ETF | 2026-05-31 | 3 | $233.3M | $233.0M | 0.61% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 23 | $121.6M | $121.2M | 0.09% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 12 | $112.4M | $111.9M | 0.38% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 15 | $99.4M | $98.6M | 0.45% |
| VUSB VANGUARD ULTRA-SHORT BOND ETF | 2026-06-30 | 6 | $81.9M | $81.4M | 0.91% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 7 | $80.0M | $80.9M | 0.15% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 11 | $79.2M | $78.7M | 0.11% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 7 | $74.1M | $74.7M | 0.70% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 8 | $69.1M | $69.9M | 0.38% |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 2026-06-30 | 8 | $54.7M | $55.3M | 0.48% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 19 | $52.3M | $52.2M | 0.45% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 23 | $49.8M | $49.7M | 0.29% |
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 75 bp spread prices in about 1.3% 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 TFC'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 | 262 | $764.8M | 0 | — | 1 | $19K | 0 |
| 2026-06-30 | 1,685 | $45.90B | 37 | $206.9M | 35 | $342.9M | 0 |
| 2026-03-31 | 1,617 | $36.07B | 39 | $291.1M | 36 | $296.3M | 0 |
| 2025-12-31 | 1,640 | $46.08B | 43 | $537.5M | 42 | $512.1M | 0 |
| 2025-09-30 | 1,534 | $42.95B | 40 | $349.2M | 41 | $497.0M | 0 |
| 2025-06-30 | 1,513 | $40.96B | 42 | $297.5M | 43 | $541.0M | 0 |
Officials trading TFC bonds
| Trade date | Official | Type | Description | Amount | Filing |
|---|---|---|---|---|---|
| 2026-05-12 | President Donald J. Trump | sale | TRUIST FINL CORP PERP NT 5.1000% | $250,001 - $500,000 | filing |
| 2026-05-12 | President Donald J. Trump | purchase | TRUIST FINL CORP PERP -S NT 6.2500% | $250,001 - $500,000 | filing |
| 2025-10-30 | President Donald J. Trump | purchase | TRUIST FINL CORP PERP NT 5.1000% | $100,001 - $250,000 | filing |
| 2025-05-08 | President Donald J. Trump | purchase | TRUIST FINL CORP PERP NT 5.1000% | $250,001 - $500,000 | filing |
| 2025-05-08 | President Donald J. Trump | purchase | TRUIST FINL CORP PERP NT 5.1000% | $50,001 - $100,000 | filing |
| 2023-05-05 | Neal P. Dunn | purchase | Truist Financial Corporation Depositary Shares, each representing 1/1,000th interest in a | $1,001 - $15,000 | filing |
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.