T-Mobile US, Inc. bonds TMUS
Who owns T-Mobile US, 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. TMUS 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 |
|---|---|---|---|---|---|---|---|---|---|
| 87264ABD6 | 3.75% fixed | 2027-04-15 | USD | 99.50 | 4.47% | 55 bp | 28 | $198.0M | Jul 2026 |
| 87264ACA1 | 2.05% fixed | 2028-02-15 | USD | 96.10 | 4.70% | 56 bp | 21 | $35.5M | Jul 2026 |
| 87264ACZ6 | 4.95% fixed | 2028-03-15 | USD | 100.41 | 4.68% | 53 bp | 18 | $88.5M | Jul 2026 |
| 87264ADA0 | 4.8% fixed | 2028-07-15 | USD | 100.21 | 4.69% | 47 bp | 13 | $29.9M | Jul 2026 |
| 87264ADE2 | 4.85% fixed | 2029-01-15 | USD | 100.10 | 4.80% | 56 bp | 12 | $91.4M | Jul 2026 |
| 87264ABS3 | 2.625% fixed | 2029-02-15 | USD | 94.68 | 4.88% | 63 bp | 14 | $57.3M | Jul 2026 |
| 87264ACS2 | 2.4% fixed | 2029-03-15 | USD | 94.05 | 4.84% | 60 bp | 10 | $9.0M | Jul 2026 |
| 87264ABV6 | 3.375% fixed | 2029-04-15 | USD | 96.19 | 4.89% | 65 bp | 17 | $65.5M | Jul 2026 |
| 87264ABF1 | 3.875% fixed | 2030-04-15 | USD | 96.07 | 5.05% | 77 bp | 48 | $156.8M | Jul 2026 |
| 87264ACB9 | 2.55% fixed | 2031-02-15 | USD | 89.70 | 5.12% | 81 bp | 30 | $130.7M | Jul 2026 |
| 87264ABT1 | 2.875% fixed | 2031-02-15 | USD | 90.96 | 5.13% | 82 bp | 13 | $41.3M | Jul 2026 |
| 87264ABW4 | 3.5% fixed | 2031-04-15 | USD | 93.28 | 5.12% | 80 bp | 19 | $54.1M | Jul 2026 |
| 87264ABX2 | 2.25% fixed | 2031-11-15 | USD | 86.77 | 5.14% | 79 bp | 14 | $29.3M | Jul 2026 |
| 87264ACQ6 | 2.7% fixed | 2032-03-15 | USD | 87.79 | 5.23% | 86 bp | 8 | $17.8M | Jul 2026 |
| 87264ADS1 | 5.125% fixed | 2032-05-15 | USD | 99.43 | 5.24% | 86 bp | 11 | $41.1M | Jul 2026 |
| 87264ACV5 | 5.2% fixed | 2033-01-15 | USD | 99.16 | 5.36% | 93 bp | 7 | $14.3M | Jul 2026 |
| 87264ACY9 | 5.05% fixed | 2033-07-15 | USD | 97.79 | 5.44% | 98 bp | 24 | $27.1M | Jul 2026 |
| 87264ADV4 | 6.7% fixed | 2033-12-15 | USD | 107.27 | 5.49% | 101 bp | 17 | $29.9M | Jul 2026 |
| 87264ADC6 | 5.75% fixed | 2034-01-15 | USD | 101.48 | 5.51% | 102 bp | 9 | $7.1M | Jul 2026 |
| 87264ADF9 | 5.15% fixed | 2034-04-15 | USD | 97.86 | 5.49% | 100 bp | 17 | $42.1M | Jul 2026 |
| 87264ADM4 | 4.7% fixed | 2035-01-15 | USD | 93.96 | 5.61% | 108 bp | 10 | $13.8M | Jul 2026 |
| 87264ADT9 | 5.3% fixed | 2035-05-15 | USD | 97.82 | 5.62% | 107 bp | 13 | $37.8M | Jul 2026 |
| 87264ADX0 | 4.95% fixed | 2035-11-15 | USD | 94.78 | 5.68% | 111 bp | 20 | $20.0M | Jul 2026 |
| 87264ADZ5 | 5% fixed | 2036-02-15 | USD | 94.78 | 5.72% | 114 bp | 26 | $23.8M | Jul 2026 |
| 87264ADQ5 | 3.5% fixed | 2037-02-11 | EUR | 92.98 | 4.34% | — | 3 | $16.5M | Jul 2026 |
| 87264AAX3 | 4.375% fixed | 2040-04-15 | USD | 84.44 | 6.06% | 127 bp | 25 | $45.8M | Jul 2026 |
| 87264ABL8 | 3% fixed | 2041-02-15 | USD | 70.42 | 6.10% | 126 bp | 20 | $102.0M | Jul 2026 |
| 87264AAZ8 | 4.5% fixed | 2050-04-15 | USD | 75.49 | 6.55% | 144 bp | 13 | $12.7M | Jul 2026 |
| 87264ABN4 | 3.3% fixed | 2051-02-15 | USD | 60.82 | 6.52% | 142 bp | 11 | $11.6M | Jul 2026 |
| 87264ACT0 | 3.4% fixed | 2052-10-15 | USD | 60.96 | 6.53% | 143 bp | 19 | $20.1M | Jul 2026 |
| 87264ACW3 | 5.65% fixed | 2053-01-15 | USD | 88.04 | 6.61% | 151 bp | 9 | $4.6M | Jul 2026 |
| 87264ADB8 | 5.75% fixed | 2054-01-15 | USD | 89.36 | 6.59% | 149 bp | 8 | $3.3M | Jul 2026 |
| 87264ADD4 | 6% fixed | 2054-06-15 | USD | 92.45 | 6.59% | 149 bp | 7 | $4.7M | Jul 2026 |
| 87264ADG7 | 5.5% fixed | 2055-01-15 | USD | 86.02 | 6.59% | 149 bp | 9 | $12.9M | Jul 2026 |
| 87264ADU6 | 5.875% fixed | 2055-11-15 | USD | 90.70 | 6.60% | 149 bp | 9 | $6.3M | Jul 2026 |
| 87264AEA9 | 5.85% fixed | 2056-02-15 | USD | 90.53 | 6.58% | 148 bp | 11 | $3.5M | Jul 2026 |
| 87264ABY0 | 3.6% fixed | 2060-11-15 | USD | 59.78 | 6.56% | 146 bp | 9 | $6.5M | Jul 2026 |
| 87264ACX1 | 5.8% fixed | 2062-09-15 | USD | 88.02 | 6.68% | 158 bp | 11 | $2.4M | 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 |
|---|---|---|---|---|---|---|
| Aug 2026 partial: filings still arriving | 1 | $3.9M | 86.93 | 6.52% | 130 bp | 1 |
| Jul 2026 | 38 | $1.51B | 93.62 | 5.49% | 100 bp | 48 |
| Jun 2026 | 38 | $6.19B | 96.60 | 5.14% | 78 bp | 146 |
| May 2026 | 37 | $3.87B | 97.05 | 5.04% | 68 bp | 72 |
| Apr 2026 | 38 | $1.54B | 96.05 | 5.08% | 90 bp | 46 |
| Mar 2026 | 39 | $6.52B | 96.74 | 5.04% | 93 bp | 149 |
| Feb 2026 | 39 | $3.90B | 99.25 | 4.66% | 69 bp | 73 |
| Jan 2026 | 42 | $2.13B | 98.12 | 4.79% | 82 bp | 54 |
| Dec 2025 | 40 | $6.74B | 98.32 | 4.73% | 80 bp | 152 |
| Nov 2025 | 40 | $3.84B | 99.29 | 4.67% | 74 bp | 70 |
| Oct 2025 | 40 | $2.09B | 98.72 | 4.71% | 89 bp | 55 |
| Sep 2025 | 39 | $6.71B | 98.88 | 4.68% | 81 bp | 153 |
| Aug 2025 | 40 | $3.61B | 96.92 | 4.89% | 85 bp | 66 |
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. 160 added, 215 cut, 21 new holders and 55 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Dodge & Cox Income Fund Dodge & Cox Funds | 2026-06-30 | $786.3M | $750.7M | $0 |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $810.5M | $731.6M | -$57.7M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $737.4M | $672.7M | -$53.2M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $448.4M | $444.9M | -$90.6M |
| iShares iBoxx $ Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $356.9M | $321.0M | -$70.8M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $319.4M | $305.1M | -$12.5M |
| PIMCO Long Duration Credit Bond Portfolio PIMCO FUNDS | 2026-06-30 | $321.4M | $259.1M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $275.3M | $250.9M | -$26.4M |
| VANGUARD WELLINGTON FUND | 2026-05-31 | $206.0M | $198.6M | $107.0M |
| Baird Aggregate Bond Fund Baird Funds Inc | 2026-06-30 | $214.5M | $197.5M | $0 |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $191.5M | $189.6M | -$6.3M |
| JPMorgan Ultra-Short Income ETF J.P. Morgan Exchange-Traded Fund Trust | 2026-05-31 | $182.1M | $181.4M | $175.3M |
| Bond Fund of America | 2026-06-30 | $184.4M | $167.9M | $0 |
| Baird Core Plus Bond Fund Baird Funds Inc | 2026-06-30 | $176.8M | $165.7M | $9.3M |
| Bridge Builder Core Plus Bond Fund Bridge Builder Trust | 2026-06-30 | $147.7M | $143.2M | -$8.4M |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $140.3M | $138.4M | $5.5M |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $143.6M | $135.7M | $0 |
| Fidelity Total Bond Fund Fidelity Income Fund | 2026-05-31 | $129.8M | $124.7M | $0 |
| Loomis Sayles Investment Grade Bond Fund LOOMIS SAYLES FUNDS II | 2026-06-30 | $117.2M | $118.3M | -$7.6M |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $116.7M | $111.8M | -$10.5M |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $115.4M | $111.3M | -$1.0M |
| Fidelity Investment Grade Bond Central Fund Fidelity Central Investment Portfolios II LLC | 2026-06-30 | $118.9M | $109.9M | $0 |
| American Balanced Fund | 2026-06-30 | $106.1M | $104.7M | -$10.6M |
| VANGUARD WELLESLEY INCOME FUND | 2026-06-30 | $109.5M | $103.4M | $9.7M |
| PGIM Total Return Bond Fund Prudential Investment Portfolios, Inc. 17 | 2026-07-31 | $129.0M | $103.0M | $622K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): PIMCO Short Asset Portfolio ($28.2M), PIMCO Short-Term Floating NAV Portfolio III ($21.1M), Columbia Strategic Income Fund ($16.3M), Invesco BulletShares 2026 Corporate Bond ETF ($14.3M), CrossingBridge Low Duration High Income Fund ($14.1M), PGIM Corporate Bond 5-10 Year ETF ($10.8M), iShares Flexible Income Active ETF ($10.2M), TCW METWEST UNCONSTRAINED BOND FUND ($6.5M), Aristotle Core Income Fund ($5.0M), BlackRock ESG Capital Allocation Term Trust ($4.9M).
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 | 29 | $810.5M | $731.6M | 0.18% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 12 | $448.4M | $444.9M | 0.65% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 28 | $356.9M | $321.0M | 1.08% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 11 | $319.4M | $305.1M | 0.61% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 36 | $275.3M | $250.9M | 0.18% |
| JPST JPMorgan Ultra-Short Income ETF | 2026-05-31 | 1 | $182.1M | $181.4M | 0.47% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 10 | $140.3M | $138.4M | 0.26% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 11 | $116.7M | $111.8M | 0.16% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 11 | $115.4M | $111.3M | 0.50% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 36 | $111.2M | $101.9M | 0.59% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 12 | $98.0M | $97.0M | 0.53% |
| FBND Fidelity Total Bond ETF | 2026-05-31 | 6 | $82.9M | $78.5M | 0.30% |
| VCLT VANGUARD LONG-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 13 | $87.5M | $74.1M | 0.80% |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 2026-06-30 | 12 | $73.9M | $72.8M | 0.63% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 22 | $72.7M | $70.3M | 0.61% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 5.77: safer than 56% of companies (54th percentile in Communication Services). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $167.38B |
| Debt barrier (short-term + ½ long-term debt) | $45.37B |
| Equity volatility (1 year) | 33.7% |
| Asset value / asset volatility (solved) | $210.85B / 26.7% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 100 bp spread prices in about 1.7% 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'' = 1.22 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in TMUS'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 | 236 | $576.5M | 3 | $9.9M | 0 | — | 0 |
| 2026-06-30 | 1,654 | $72.45B | 38 | $1.87B | 44 | $2.61B | 0 |
| 2026-03-31 | 1,711 | $79.96B | 34 | $963.0M | 39 | $1.25B | 0 |
| 2025-12-31 | 1,701 | $90.93B | 43 | $1.13B | 40 | $1.29B | 0 |
| 2025-09-30 | 1,711 | $105.97B | 47 | $1.36B | 44 | $1.29B | 0 |
| 2025-06-30 | 1,741 | $108.26B | 51 | $1.36B | 46 | $1.56B | 0 |
Officials trading TMUS bonds
| Trade date | Official | Type | Description | Amount | Filing |
|---|---|---|---|---|---|
| 2026-04-17 | William R. Keating | purchase | T-Mobile US Inc | $1,001 - $15,000 | filing |
| 2026-03-13 | President Donald J. Trump | purchase | T-MOBILE INC NTS B/E 04.625% 011533 DTD100925 CALL@MW+15BP YTM = 4.890 UNSOLICITED ACCRUED | $250,001 - $500,000 | filing |
| 2024-06-06 | William R. Keating | purchase | T-Mobile US Inc | $15,001 - $50,000 | filing |
| 2023-11-10 | Ro Khanna | purchase | T-Mobile US Inc | $15,001 - $50,000 | filing |
| 2023-07-13 | Ro Khanna | sale | T-Mobile US Inc | $1,001 - $15,000 | filing |
| 2023-04-20 | Ro Khanna | purchase | T-Mobile US Inc | $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.