Thor Industries, Inc. bonds THO
Who owns Thor Industries, 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. THO 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 |
|---|---|---|---|---|---|---|---|---|---|
| 885160AA9 | 4% fixed | 2029-10-15 | USD | 94.27 | 5.99% | 172 bp | 21 | $31.9M | 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 | $31.9M | 94.27 | 5.99% | 172 bp | 21 |
| Jun 2026 | 1 | $46.8M | 94.95 | 5.70% | 154 bp | 22 |
| May 2026 | 1 | $21.4M | 94.59 | 5.79% | 172 bp | 18 |
| Apr 2026 | 1 | $22.4M | 94.70 | 5.71% | 186 bp | 19 |
| Mar 2026 | 1 | $49.3M | 94.43 | 5.76% | 200 bp | 22 |
| Feb 2026 | 1 | $21.3M | 96.07 | 5.20% | 163 bp | 17 |
| Jan 2026 | 1 | $24.4M | 96.14 | 5.16% | 149 bp | 19 |
| Dec 2025 | 1 | $51.2M | 96.35 | 5.07% | 146 bp | 22 |
| Nov 2025 | 1 | $17.7M | 95.80 | 5.21% | 160 bp | 17 |
| Oct 2025 | 1 | $24.3M | 95.19 | 5.37% | 178 bp | 20 |
| Sep 2025 | 1 | $48.3M | 94.83 | 5.44% | 184 bp | 21 |
| Aug 2025 | 1 | $19.0M | 94.57 | 5.49% | 175 bp | 17 |
| Jul 2025 | 1 | $23.5M | 93.82 | 5.67% | 176 bp | 19 |
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. 10 added, 11 cut, 6 new holders and 3 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Oakmark Equity and Income Fund HARRIS ASSOCIATES INVESTMENT TRUST | 2026-06-30 | $17.2M | $16.4M | $0 |
| The Osterweis Strategic Income Fund Professionally Managed Portfolios | 2026-06-30 | $10.0M | $9.5M | $0 |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $9.5M | $9.0M | $698K |
| Performance Trust Total Return Bond Fund Trust for Professional Managers | 2026-05-31 | $8.8M | $8.4M | $0 |
| AB Short Duration High Yield ETF AB Active ETFs, Inc. | 2026-05-31 | $6.6M | $6.2M | $0 |
| MFS High Income Fund MFS Series Trust III | 2026-07-31 | $6.4M | $6.0M | new |
| Shenkman Capital Short Duration High Income Fund Advisors Series Trust | 2026-06-30 | $5.5M | $5.3M | -$126K |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $4.6M | $4.3M | -$25K |
| AB HIGH INCOME FUND INC | 2026-07-31 | $3.6M | $3.4M | $0 |
| State Street(R) SPDR(R) Bloomberg High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $2.8M | $2.7M | $1.9M |
| NYLIM MacKay Short Duration High Income Fund NYLIM FUNDS TRUST | 2026-07-31 | $2.8M | $2.6M | $750K |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $2.7M | $2.5M | $708K |
| State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $2.5M | $2.3M | -$219K |
| High Yield Fixed Income Fund Northern Funds | 2026-06-30 | $2.3M | $2.2M | -$3.5M |
| MFS High Yield Pooled Portfolio MFS Series Trust III | 2026-07-31 | $1.8M | $1.7M | new |
| AllianceBernstein Global High Income Fund Inc | 2026-06-30 | $1.7M | $1.6M | $0 |
| PIMCO High Yield Portfolio PIMCO VARIABLE INSURANCE TRUST | 2026-06-30 | $1.5M | $1.4M | $0 |
| FlexShares High Yield Value - Scored Bond Index Fund FlexShares Trust | 2026-07-31 | $1.5M | $1.4M | -$40K |
| Performance Trust Multisector Bond Fund Trust for Professional Managers | 2026-05-31 | $1.2M | $1.2M | $0 |
| Invesco BulletShares 2029 High Yield Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $1.1M | $1.1M | $200K |
| NAA ALLOCATION FUND New Age Alpha Funds Trust | 2026-06-30 | $1.0M | $949K | $0 |
| Xtrackers USD High Yield BB-B ex Financials ETF DBX ETF Trust | 2026-05-31 | $961K | $909K | $89K |
| iShares iBonds 2029 Term High Yield and Income ETF iShares Trust | 2026-07-31 | $946K | $892K | $198K |
| Schwab High Yield Bond ETF SCHWAB STRATEGIC TRUST | 2026-05-31 | $726K | $687K | $154K |
| Fidelity Enhanced High Yield ETF Fidelity Covington Trust | 2026-05-31 | $707K | $669K | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund ($2.1M), WisdomTree U.S. High Yield Corporate Bond Fund ($358K), BondBloxx BB Rated USD High Yield Corporate Bond ETF ($245K).
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 | $9.5M | $9.0M | 0.03% |
| SYFI AB Short Duration High Yield ETF | 2026-05-31 | 1 | $6.6M | $6.2M | 0.69% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 1 | $4.6M | $4.3M | 0.06% |
| JNK State Street(R) SPDR(R) Bloomberg High Yield Bond ETF | 2026-06-30 | 1 | $2.8M | $2.7M | 0.04% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 1 | $2.7M | $2.5M | 0.02% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 1 | $2.5M | $2.3M | 0.05% |
| HYGV FlexShares High Yield Value - Scored Bond Index Fund | 2026-07-31 | 1 | $1.5M | $1.4M | 0.13% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 1 | $961K | $909K | 0.04% |
| IBHI iShares iBonds 2029 Term High Yield and Income ETF | 2026-07-31 | 1 | $946K | $892K | 0.18% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 1 | $726K | $687K | 0.03% |
| FDHY Fidelity Enhanced High Yield ETF | 2026-05-31 | 1 | $707K | $669K | 0.13% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 1 | $525K | $495K | 0.00% |
| HYZD WisdomTree Interest Rate Hedged High Yield Bond Fund | 2026-05-31 | 1 | $369K | $349K | 0.15% |
| NUHY Nuveen ESG High Yield Corporate Bond ETF | 2026-07-31 | 1 | $310K | $292K | 0.26% |
| HYFI AB High Yield ETF | 2026-05-31 | 1 | $295K | $279K | 0.08% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 6.07: safer than 59% of companies (57th percentile in Consumer Cyclical). Market-implied, prices to 2026-10-16, balance sheet 2026-07-31.
| Equity value | $3.38B |
| Debt barrier (short-term + ½ long-term debt) | $507.7M |
| Equity volatility (1 year) | 38.0% |
| Asset value / asset volatility (solved) | $3.86B / 33.2% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 172 bp spread prices in about 2.9% 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
Altman Z = 3.37 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in THO'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 | $42.8M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 400 | $4.08B | 9 | $19.0M | 12 | $25.8M | 1 |
| 2026-03-31 | 399 | $3.79B | 13 | $22.4M | 12 | $20.7M | 0 |
| 2025-12-31 | 433 | $5.32B | 10 | $40.8M | 12 | $41.8M | 0 |
| 2025-09-30 | 411 | $5.31B | 12 | $43.4M | 12 | $75.8M | 0 |
| 2025-06-30 | 396 | $4.89B | 16 | $87.0M | 12 | $23.8M | 0 |
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.