The TJX Companies, Inc. bonds TJX
Who owns The TJX Companies, 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. TJX 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 |
|---|---|---|---|---|---|---|---|---|---|
| 872540AQ2 | 2.25% fixed | 2026-09-15 | USD | 99.77 | 4.08% | 35 bp | 4 | $15.7M | Jul 2026 |
| 872540AV1 | 1.15% fixed | 2028-05-15 | USD | 94.42 | 4.43% | 24 bp | 9 | $6.2M | Jul 2026 |
| 872540AT6 | 3.875% fixed | 2030-04-15 | USD | 96.84 | 4.81% | 53 bp | 6 | $5.1M | Jul 2026 |
| 872540AW9 | 1.6% fixed | 2031-05-15 | USD | 86.38 | 4.82% | 50 bp | 13 | $5.9M | Jul 2026 |
| 872540AU3 | 4.5% fixed | 2050-04-15 | USD | 82.13 | 5.91% | 80 bp | 3 | $1.2M | 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 | 5 | $34.0M | 94.42 | 4.82% | 51 bp | 13 |
| Jun 2026 | 5 | $104.6M | 94.40 | 4.54% | 35 bp | 12 |
| May 2026 | 5 | $89.9M | 94.41 | 4.42% | 30 bp | 16 |
| Apr 2026 | 5 | $29.0M | 94.24 | 4.33% | 42 bp | 10 |
| Mar 2026 | 5 | $95.9M | 93.93 | 4.36% | 53 bp | 13 |
| Feb 2026 | 5 | $81.3M | 94.54 | 3.90% | 26 bp | 17 |
| Jan 2026 | 5 | $24.6M | 94.23 | 4.11% | 35 bp | 10 |
| Dec 2025 | 5 | $96.1M | 93.99 | 4.06% | 37 bp | 12 |
| Nov 2025 | 5 | $77.0M | 93.74 | 4.05% | 38 bp | 17 |
| Oct 2025 | 5 | $21.9M | 93.37 | 4.06% | 41 bp | 10 |
| Sep 2025 | 5 | $156.7M | 93.13 | 4.10% | 42 bp | 12 |
| Aug 2025 | 5 | $91.4M | 93.03 | 4.06% | 25 bp | 16 |
| Jul 2025 | 5 | $24.3M | 92.11 | 4.37% | 39 bp | 10 |
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. 25 added, 12 cut, 3 new holders and 4 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $39.5M | $36.4M | $12.1M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $34.0M | $31.1M | $0 |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $17.1M | $16.7M | $5.4M |
| Invesco BulletShares 2026 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $16.5M | $16.4M | $4.7M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $17.5M | $15.3M | $0 |
| iShares iBonds Dec 2026 Term Corporate ETF iShares Trust | 2026-07-31 | $14.3M | $14.3M | $3.9M |
| AVE MARIA BOND FUND Schwartz Investment Trust | 2026-06-30 | $14.7M | $13.7M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $10.5M | $9.6M | $5K |
| EQ/Long-Term Bond Portfolio EQ Advisors Trust | 2026-06-30 | $8.0M | $6.9M | $0 |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $5.9M | $5.7M | $150K |
| VANGUARD LONG-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $5.4M | $4.6M | $2.6M |
| Fidelity Series Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $5.1M | $4.5M | $0 |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $4.4M | $4.1M | $100K |
| Invesco BulletShares 2028 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $4.1M | $3.9M | $60K |
| iShares iBonds Dec 2028 Term Corporate ETF iShares Trust | 2026-07-31 | $4.1M | $3.8M | $222K |
| State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $3.9M | $3.7M | $14K |
| iShares iBonds Dec 2030 Term Corporate ETF iShares Trust | 2026-07-31 | $3.7M | $3.5M | $451K |
| Avantis Short-Term Fixed Income ETF American Century ETF Trust | 2026-05-31 | $3.3M | $3.2M | -$230K |
| iShares Core Universal USD Bond ETF iShares Trust | 2026-07-31 | $3.5M | $3.2M | $410K |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $3.3M | $3.1M | $149K |
| iShares iBonds Dec 2031 Term Corporate ETF iShares Trust | 2026-07-31 | $3.0M | $2.6M | -$52K |
| Invesco BulletShares 2031 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $2.4M | $2.1M | -$190K |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $2.0M | $1.9M | $100K |
| iShares 0-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-07-31 | $1.7M | $1.6M | $455K |
| VANGUARD BALANCED INDEX FUND VANGUARD VALLEY FORGE FUNDS | 2026-06-30 | $1.4M | $1.4M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): iShares 5-10 Year Investment Grade Corporate Bond ETF ($3.4M), Schwab 5-10 Year Corporate Bond ETF ($2.5M), State Street(R) SPDR(R) Portfolio Aggregate Bond ETF ($300K), iShares ESG Aware U.S. Aggregate Bond ETF ($191K).
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 |
|---|---|---|---|---|---|
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 4 | $39.5M | $36.4M | 0.01% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $17.1M | $16.7M | 0.03% |
| BSCQ Invesco BulletShares 2026 Corporate Bond ETF | 2026-05-31 | 1 | $16.5M | $16.4M | 0.43% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $17.5M | $15.3M | 0.02% |
| IBDR iShares iBonds Dec 2026 Term Corporate ETF | 2026-07-31 | 1 | $14.3M | $14.3M | 0.42% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 4 | $10.5M | $9.6M | 0.01% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $5.9M | $5.7M | 0.03% |
| VCLT VANGUARD LONG-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $5.4M | $4.6M | 0.05% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 4 | $4.4M | $4.1M | 0.02% |
| BSCS Invesco BulletShares 2028 Corporate Bond ETF | 2026-05-31 | 1 | $4.1M | $3.9M | 0.11% |
| IBDT iShares iBonds Dec 2028 Term Corporate ETF | 2026-07-31 | 1 | $4.1M | $3.8M | 0.09% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 1 | $3.9M | $3.7M | 0.03% |
| IBDV iShares iBonds Dec 2030 Term Corporate ETF | 2026-07-31 | 1 | $3.7M | $3.5M | 0.11% |
| AVSF Avantis Short-Term Fixed Income ETF | 2026-05-31 | 1 | $3.3M | $3.2M | 0.48% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 4 | $3.5M | $3.2M | 0.01% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 21.27: safer than 96% of companies (95th percentile in Consumer Cyclical). Market-implied, prices to 2026-10-16, balance sheet 2026-08-01.
| Equity value | $162.14B |
| Debt barrier (short-term + ½ long-term debt) | $1.94B |
| Equity volatility (1 year) | 21.2% |
| Asset value / asset volatility (solved) | $163.99B / 21.0% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 51 bp spread prices in about 0.9% 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'' = 3.11 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in TJX'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 | 435 | $3.53B | 1 | $333K | 0 | — | 0 |
| 2026-06-30 | 2,744 | $149.25B | 39 | $805.0M | 39 | $835.5M | 0 |
| 2026-03-31 | 2,723 | $135.67B | 39 | $709.5M | 37 | $830.4M | 1 |
| 2025-12-31 | 2,680 | $150.04B | 37 | $966.5M | 34 | $1.03B | 0 |
| 2025-09-30 | 2,437 | $140.64B | 38 | $876.9M | 37 | $965.9M | 1 |
| 2025-06-30 | 2,366 | $122.20B | 40 | $608.8M | 38 | $745.1M | 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.