TriMas Corporation bonds TRS
Who owns TriMas 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. TRS 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 |
|---|---|---|---|---|---|---|---|---|---|
| 896215AH3 | 4.125% fixed | 2029-04-15 | USD | 95.57 | 5.92% | 167 bp | 22 | $27.8M | 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 | 1 | $27.8M | 95.57 | 5.92% | 167 bp | 22 |
| Jun 2026 | 1 | $28.6M | 96.36 | 5.55% | 141 bp | 25 |
| May 2026 | 1 | $53.3M | 96.06 | 5.63% | 159 bp | 25 |
| Apr 2026 | 1 | $31.5M | 96.17 | 5.55% | 173 bp | 27 |
| Mar 2026 | 1 | $29.6M | 95.20 | 5.87% | 214 bp | 28 |
| Feb 2026 | 1 | $53.0M | 96.56 | 5.33% | 180 bp | 25 |
| Jan 2026 | 1 | $37.0M | 97.48 | 4.98% | 136 bp | 30 |
| Dec 2025 | 1 | $29.8M | 97.33 | 5.01% | 144 bp | 29 |
| Nov 2025 | 1 | $33.1M | 98.12 | 4.73% | 115 bp | 25 |
| Oct 2025 | 1 | $33.1M | 96.69 | 5.18% | 162 bp | 30 |
| Sep 2025 | 1 | $27.1M | 96.81 | 5.12% | 154 bp | 23 |
| Aug 2025 | 1 | $23.7M | 96.21 | 5.29% | 158 bp | 23 |
| Jul 2025 | 1 | $31.0M | 95.95 | 5.34% | 146 bp | 25 |
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. 16 added, 5 cut, 0 new holders and 9 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| PGIM High Yield Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $21.8M | $21.0M | $0 |
| PGIM Short Duration High Yield Income Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $12.6M | $12.1M | $0 |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $8.0M | $7.7M | $816K |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $7.8M | $7.5M | $1.1M |
| JPMorgan High Yield Fund JPMorgan Trust II | 2026-05-31 | $6.1M | $5.9M | $80K |
| JPMorgan Income Builder Fund JPMorgan Trust I | 2026-07-31 | $4.6M | $4.4M | $70K |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $3.7M | $3.6M | -$25K |
| Boyd Watterson Limited Duration Enhanced Income Fund NORTHERN LIGHTS FUND TRUST III | 2026-06-30 | $3.4M | $3.2M | $0 |
| JPMorgan Core Plus Bond Fund JPMorgan Trust II | 2026-05-31 | $3.3M | $3.1M | $0 |
| Goldman Sachs High Yield Fund GOLDMAN SACHS TRUST | 2026-06-30 | $2.9M | $2.8M | -$302K |
| JPMorgan Income Fund JPMorgan Trust I | 2026-05-31 | $2.7M | $2.6M | $70K |
| NYLIM MacKay Short Duration High Income Fund NYLIM FUNDS TRUST | 2026-07-31 | $2.5M | $2.4M | $0 |
| State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $2.2M | $2.1M | -$1.6M |
| State Street(R) Blackstone Senior Loan ETF SSGA Active Trust | 2026-06-30 | $2.1M | $2.0M | $0 |
| THE HARTFORD FLOATING RATE FUND HARTFORD MUTUAL FUNDS, INC | 2026-07-31 | $1.8M | $1.7M | $0 |
| Timothy Plan High Yield Bond Fund TIMOTHY PLAN | 2026-06-30 | $1.8M | $1.7M | $0 |
| FlexShares High Yield Value - Scored Bond Index Fund FlexShares Trust | 2026-07-31 | $1.7M | $1.6M | -$120K |
| Multi-Manager High Yield Bond Fund Goldman Sachs Trust II | 2026-07-31 | $1.5M | $1.4M | $0 |
| High Income Fund American Century Investment Trust | 2026-06-30 | $1.3M | $1.2M | $0 |
| BNY Mellon High Yield Fund BNY Mellon Investment Funds III | 2026-06-30 | $1.2M | $1.2M | $0 |
| PGIM Short Duration High Yield Opportunities Fund | 2026-07-31 | $1.1M | $1.1M | $0 |
| Schwab High Yield Bond ETF SCHWAB STRATEGIC TRUST | 2026-05-31 | $1.1M | $1.0M | $114K |
| Eventide Balanced Fund MUTUAL FUND SERIES TRUST | 2026-06-30 | $1.0M | $964K | $0 |
| PGIM Active High Yield Bond ETF PGIM ETF Trust | 2026-05-29 | $997K | $958K | $0 |
| Invesco BulletShares 2029 High Yield Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $908K | $873K | $160K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): The Hartford World Bond Fund ($1.6M), THE HARTFORD TOTAL RETURN BOND FUND ($1.5M), Hartford Total Return Bond ETF ($793K), THE HARTFORD STRATEGIC INCOME FUND ($625K), HARTFORD TOTAL RETURN BOND HLS FUND ($479K), Brighthouse/Wellington Balanced Portfolio ($155K), SA Multi-Managed Diversified Fixed Income Portfolio ($126K), Systematic High Yield Bond Series ($105K), Investment Quality Bond Trust ($63K).
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 | $8.0M | $7.7M | 0.03% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 1 | $7.8M | $7.5M | 0.07% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 1 | $3.7M | $3.6M | 0.05% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 1 | $2.2M | $2.1M | 0.04% |
| SRLN State Street(R) Blackstone Senior Loan ETF | 2026-06-30 | 1 | $2.1M | $2.0M | 0.04% |
| HYGV FlexShares High Yield Value - Scored Bond Index Fund | 2026-07-31 | 1 | $1.7M | $1.6M | 0.15% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 1 | $1.1M | $1.0M | 0.04% |
| PHYL PGIM Active High Yield Bond ETF | 2026-05-29 | 1 | $997K | $958K | 0.07% |
| JPHY JPMorgan Active High Yield ETF | 2026-05-31 | 1 | $884K | $849K | 0.04% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 1 | $850K | $817K | 0.03% |
| IBHI iShares iBonds 2029 Term High Yield and Income ETF | 2026-07-31 | 1 | $707K | $677K | 0.14% |
| JCPB JPMorgan Core Plus Bond ETF | 2026-05-31 | 1 | $637K | $612K | 0.00% |
| HYBL State Street(R) Blackstone High Income ETF | 2026-06-30 | 1 | $570K | $549K | 0.10% |
| PSH PGIM Short Duration High Yield ETF | 2026-05-29 | 1 | $450K | $432K | 0.27% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 1 | $405K | $388K | 0.00% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 8.06: safer than 73% of companies (71th percentile in Consumer Cyclical). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $1.41B |
| Debt barrier (short-term + ½ long-term debt) | $206.5M |
| Equity volatility (1 year) | 29.2% |
| Asset value / asset volatility (solved) | $1.61B / 25.6% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 167 bp spread prices in about 2.8% 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 = 2.75 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in TRS'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 | 10 | $4.0M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 200 | $1.31B | 0 | — | 4 | $7.2M | 0 |
| 2026-03-31 | 180 | $1.07B | 1 | $43K | 3 | $1.2M | 0 |
| 2025-12-31 | 198 | $1.29B | 0 | — | 2 | $918K | 0 |
| 2025-09-30 | 207 | $1.50B | 1 | $947K | 4 | $1.6M | 0 |
| 2025-06-30 | 159 | $1.10B | 2 | $830K | 4 | $1.2M | 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.