Generation Essentials Group bonds TGE
Who owns Generation Essentials Group'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. TGE 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 |
|---|---|---|---|---|---|---|---|---|---|
| 73943NAA4 | 9% fixed | 2029-08-01 | USD | 103.16 | 7.80% | 354 bp | 39 | $63.7M | 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 | $63.7M | 103.16 | 7.80% | 354 bp | 39 |
| Jun 2026 | 1 | $65.8M | 103.95 | 7.54% | 338 bp | 59 |
| May 2026 | 1 | $44.6M | 104.24 | 7.47% | 342 bp | 39 |
| Apr 2026 | 1 | $64.0M | 104.44 | 7.43% | 360 bp | 42 |
| Mar 2026 | 1 | $65.8M | 103.37 | 7.83% | 408 bp | 58 |
| Feb 2026 | 1 | $38.1M | 104.39 | 7.52% | 396 bp | 38 |
| Jan 2026 | 1 | $63.5M | 103.73 | 7.76% | 411 bp | 44 |
| Dec 2025 | 1 | $55.7M | 103.99 | 7.70% | 411 bp | 57 |
| Nov 2025 | 1 | $29.3M | 103.33 | 7.93% | 433 bp | 35 |
| Oct 2025 | 1 | $61.2M | 102.68 | 8.15% | 458 bp | 41 |
| Sep 2025 | 1 | $51.6M | 104.08 | 7.74% | 415 bp | 56 |
| Aug 2025 | 1 | $36.4M | 104.14 | 7.75% | 403 bp | 33 |
| Jul 2025 | 1 | $59.3M | 103.58 | 7.94% | 404 bp | 41 |
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. 21 added, 10 cut, 5 new holders and 6 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| NYLIM MacKay High Yield Corporate Bond Fund NYLIM FUNDS | 2026-07-31 | $21.2M | $21.9M | $0 |
| BlackRock High Yield Portfolio BlackRock Funds V | 2026-06-30 | $11.3M | $11.7M | $0 |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $7.8M | $8.1M | $705K |
| Simplify Kayne Anderson Energy and Infrastructure Credit ETF Simplify Exchange Traded Funds | 2026-06-30 | $6.8M | $7.1M | $0 |
| Goldman Sachs High Yield Fund GOLDMAN SACHS TRUST | 2026-06-30 | $6.6M | $6.8M | $0 |
| Allspring Short-Term High Income Fund ALLSPRING FUNDS TRUST | 2026-05-31 | $5.9M | $6.2M | new |
| JPMorgan Active High Yield ETF J.P. Morgan Exchange-Traded Fund Trust | 2026-05-31 | $5.5M | $5.7M | $104K |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $5.5M | $5.7M | $457K |
| RBC BlueBay High Yield Bond Fund RBC Funds Trust | 2026-06-30 | $5.4M | $5.6M | $456K |
| MFS High Income Fund MFS Series Trust III | 2026-07-31 | $5.3M | $5.4M | $0 |
| Allspring Core Plus Bond Fund ALLSPRING FUNDS TRUST | 2026-05-31 | $5.0M | $5.3M | $0 |
| NYLIM VP MacKay High Yield Corporate Bond Portfolio NYLIM VP FUNDS TRUST | 2026-06-30 | $4.9M | $5.1M | $0 |
| JPMorgan High Yield Fund JPMorgan Trust II | 2026-05-31 | $4.8M | $5.0M | $64K |
| PGIM High Yield Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $4.2M | $4.4M | $0 |
| PGIM Short Duration High Yield Income Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $3.6M | $3.8M | $0 |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $3.5M | $3.6M | $0 |
| Goldman Sachs Income Builder Fund GOLDMAN SACHS TRUST | 2026-07-31 | $3.3M | $3.4M | $0 |
| Diversified Income Fund Principal Funds, Inc | 2026-07-31 | $3.0M | $3.1M | $0 |
| Fidelity Series High Income Fund Fidelity Summer Street Trust | 2026-07-31 | $2.1M | $2.2M | $0 |
| Virtus Seix High Yield Fund Virtus Asset Trust | 2026-06-30 | $2.0M | $2.1M | $0 |
| ALLSPRING INCOME OPPORTUNITIES FUND | 2026-07-31 | $2.0M | $2.1M | $0 |
| Virtus Newfleet Short Duration High Income Fund Virtus Strategy Trust | 2026-06-30 | $1.7M | $1.8M | $0 |
| State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $1.5M | $1.5M | -$2.1M |
| MFS High Yield Pooled Portfolio MFS Series Trust III | 2026-07-31 | $1.5M | $1.5M | $89K |
| Fidelity Short Duration High Income Fund Fidelity Summer Street Trust | 2026-07-31 | $1.5M | $1.5M | $35K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): MFS MULTIMARKET INCOME TRUST ($456K), THRIVENT MODERATE ALLOCATION PORTFOLIO ($265K), BlackRock Multi-Sector Income Trust ($253K), BlackRock Core Bond Trust ($113K), BlackRock Low Duration Bond Portfolio ($84K), iShares Short Duration Bond Active ETF ($31K).
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 | $7.8M | $8.1M | 0.03% |
| JPHY JPMorgan Active High Yield ETF | 2026-05-31 | 1 | $5.5M | $5.7M | 0.26% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 1 | $5.5M | $5.7M | 0.05% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 1 | $3.5M | $3.6M | 0.05% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 1 | $1.5M | $1.5M | 0.03% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 1 | $1.0M | $1.1M | 0.04% |
| IBHI iShares iBonds 2029 Term High Yield and Income ETF | 2026-07-31 | 1 | $719K | $742K | 0.15% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 1 | $649K | $676K | 0.03% |
| HYGV FlexShares High Yield Value - Scored Bond Index Fund | 2026-07-31 | 1 | $600K | $619K | 0.06% |
| FBND Fidelity Total Bond ETF | 2026-05-31 | 1 | $535K | $558K | 0.00% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 1 | $415K | $428K | 0.00% |
| APLU Allspring Core Plus ETF | 2026-05-31 | 1 | $320K | $334K | 0.08% |
| NFLT Virtus Newfleet Multi-Sector Bond ETF | 2026-07-31 | 1 | $315K | $325K | 0.07% |
| PHYL PGIM Active High Yield Bond ETF | 2026-05-29 | 1 | $235K | $245K | 0.02% |
| FLTB Fidelity Limited Term Bond ETF | 2026-05-31 | 1 | $190K | $198K | 0.05% |
Default risk, three ways
Stock market: distance-to-default
Not computed: no recent balance sheet.
Bond market: priced-in odds
A 354 bp spread prices in about 5.9% 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 TGE'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 |
|---|---|---|---|---|---|---|---|
| 2026-06-30 | 25 | $759K | 0 | — | 0 | — | 0 |
| 2026-03-31 | 21 | $806K | 0 | — | 0 | — | 0 |
| 2025-12-31 | 21 | $711K | 0 | — | 0 | — | 0 |
| 2025-09-30 | 26 | $815K | 0 | — | 0 | — | 0 |
| 2025-06-30 | 31 | $2.5M | 0 | — | 0 | — | 1 |
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.