TELUS Corporation bonds TU
Who owns TELUS 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. TU 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 |
|---|---|---|---|---|---|---|---|---|---|
| 87974WH50 | 0% fixed | 2026-08-05 | USD | 99.18 | 4.58% | 98 bp | 1 | $1.3M | May 2026 |
| 87974WH68 | 0% fixed | 2026-08-06 | USD | 99.17 | 4.58% | 98 bp | 1 | $1.5M | May 2026 |
| 87974WHJ0 | 0% fixed | 2026-08-18 | USD | 99.02 | 4.56% | 96 bp | 1 | $9.9M | May 2026 |
| 87974WHK7 | 0% fixed | 2026-08-19 | USD | 99.01 | 4.57% | 97 bp | 2 | $5.4M | May 2026 |
| 87974WHM3 | 0% fixed | 2026-08-21 | USD | 99.76 | 4.24% | 50 bp | 1 | $20.0M | Jul 2026 |
| 87974WJQ2 | 0% fixed | 2026-09-24 | USD | 98.56 | 4.67% | 105 bp | 2 | $4.7M | May 2026 |
| 87974WJR0 | 0% fixed | 2026-09-25 | USD | 98.54 | 4.67% | 105 bp | 1 | $493K | May 2026 |
| 87974WKD9 | 0% fixed | 2026-10-13 | USD | 98.33 | 4.63% | 100 bp | 1 | $7.4M | May 2026 |
| 87974WNC8 | 0% fixed | 2027-01-12 | USD | 98.00 | 4.56% | 74 bp | 1 | $10.8M | Jul 2026 |
| 87971MBD4 | 2.8% fixed | 2027-02-16 | USD | 99.09 | 4.51% | 66 bp | 5 | $6.9M | Jul 2026 |
| 87971MBF9 | 3.7% fixed | 2027-09-15 | USD | 98.91 | 4.70% | 63 bp | 9 | $5.1M | Jul 2026 |
| 87971MBQ5 | 2.35% fixed | 2028-01-27 | CAD | 98.56 | 3.35% | — | 2 | $4.2M | Jul 2026 |
| 87971MBG7 | 3.625% fixed | 2028-03-01 | CAD | 100.19 | 3.50% | — | 2 | $14.0M | Jul 2026 |
| 87971MCE1 | 4.8% fixed | 2028-12-15 | CAD | 102.45 | 3.71% | — | 2 | $7.3M | Jul 2026 |
| 87971MBJ1 | 3.3% fixed | 2029-05-02 | CAD | 99.21 | 3.60% | — | 2 | $1.1M | Jul 2026 |
| 87971MBZ5 | 5% fixed | 2029-09-13 | CAD | 103.32 | 3.86% | — | 3 | $4.3M | Jul 2026 |
| 87971MBN2 | 3.15% fixed | 2030-02-19 | CAD | 97.91 | 3.79% | — | 2 | $1.5M | Jul 2026 |
| 87971MCB7 | 5.6% fixed | 2030-09-09 | CAD | 105.79 | 4.06% | — | 3 | $5.8M | Jul 2026 |
| 87971MBS1 | 2.05% fixed | 2030-10-07 | CAD | 94.79 | 3.37% | — | 1 | $495K | Jun 2026 |
| 87971MCF8 | 4.95% fixed | 2031-02-18 | CAD | 104.67 | 3.84% | — | 4 | $589K | Jun 2026 |
| 87971MCH4 | 4.65% fixed | 2031-08-13 | CAD | 102.19 | 4.16% | — | 1 | $146K | Jul 2026 |
| 87971MBW2 | 3.4% fixed | 2032-05-13 | USD | 89.98 | 5.44% | 106 bp | 10 | $10.1M | Jul 2026 |
| 87971MBX0 | 5.25% fixed | 2032-11-15 | CAD | 104.69 | 4.39% | — | 4 | $2.3M | Jul 2026 |
| 87971MCA9 | 4.95% fixed | 2033-03-28 | CAD | 102.82 | 4.45% | — | 3 | $11.9M | Jul 2026 |
| 87971MCC5 | 5.75% fixed | 2033-09-08 | CAD | 107.21 | 4.55% | — | 3 | $5.6M | Jul 2026 |
| 87971MCG6 | 5.1% fixed | 2034-02-15 | CAD | 103.30 | 4.58% | — | 2 | $4.4M | Jul 2026 |
| 87971MAU7 | 5.15% fixed | 2043-11-26 | CAD | 97.02 | 5.42% | — | 2 | $1.7M | Jul 2026 |
| 87971MAW3 | 4.85% fixed | 2044-04-05 | CAD | 93.35 | 5.44% | — | 5 | $6.9M | Jul 2026 |
| 87971MAY9 | 4.75% fixed | 2045-01-17 | CAD | 92.01 | 5.44% | — | 1 | $66K | Jul 2026 |
| 87971MBE2 | 4.7% fixed | 2048-03-06 | CAD | 88.95 | 5.59% | — | 1 | $63K | Jul 2026 |
| 87971MBH5 | 4.6% fixed | 2048-11-16 | USD | 80.24 | 6.25% | 115 bp | 4 | $647K | Jul 2026 |
| 87971MBK8 | 4.3% fixed | 2049-06-15 | USD | 76.39 | 6.25% | 115 bp | 2 | $202K | Jul 2026 |
| 87971MBT9 | 4.1% fixed | 2051-04-05 | CAD | 79.80 | 5.62% | — | 1 | $114K | Jul 2026 |
| 87971MBY8 | 5.65% fixed | 2052-09-13 | CAD | 99.25 | 5.70% | — | 3 | $10.1M | Jul 2026 |
| 87971MCD3 | 5.95% fixed | 2053-09-08 | CAD | 103.39 | 5.70% | — | 3 | $2.6M | Jul 2026 |
| 87971MCJ0 | 6.25% fixed | 2055-07-21 | CAD | 103.93 | 5.96% | — | 1 | $55K | Jun 2026 |
| 87971MCK7 | 6.75% fixed | 2055-07-21 | CAD | 107.94 | 6.16% | — | 1 | $30K | Jun 2026 |
| 87971MCL5 | 6.625% fixed | 2055-10-15 | USD | 99.79 | 6.64% | 154 bp | 48 | $76.7M | Jul 2026 |
| 87971MCM3 | 7% fixed | 2055-10-15 | USD | 100.82 | 6.93% | 183 bp | 45 | $114.6M | Jul 2026 |
| 87971MCQ4 | 6.375% fixed | 2056-06-09 | USD | 98.75 | 6.47% | 137 bp | 38 | $90.0M | Jul 2026 |
| 87971MCR2 | 6.625% fixed | 2056-06-09 | USD | 97.71 | 6.80% | 170 bp | 46 | $115.2M | 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 | 30 | $534.5M | 99.15 | 6.36% | 126 bp | 48 |
| Jun 2026 | 20 | $609.6M | 103.73 | 6.15% | 120 bp | 54 |
| May 2026 | 22 | $380.9M | 99.17 | 5.92% | 90 bp | 46 |
| Apr 2026 | 29 | $562.2M | 56.31 | 5.99% | 110 bp | 50 |
| Mar 2026 | 24 | $641.7M | 99.72 | 6.00% | 116 bp | 53 |
| Feb 2026 | 16 | $361.2M | 99.50 | 5.66% | 94 bp | 44 |
| Jan 2026 | 30 | $582.9M | 57.63 | 5.30% | 95 bp | 59 |
| Dec 2025 | 19 | $574.3M | 102.07 | 5.80% | 103 bp | 54 |
| Nov 2025 | 13 | $256.9M | 98.90 | 5.68% | 100 bp | 40 |
| Oct 2025 | 34 | $473.1M | 53.70 | 5.23% | 103 bp | 54 |
| Sep 2025 | 14 | $319.0M | 98.61 | 4.80% | 92 bp | 52 |
| Aug 2025 | 12 | $244.1M | 98.04 | 4.88% | 91 bp | 41 |
| Jul 2025 | 32 | $419.1M | 54.19 | 4.76% | 76 bp | 50 |
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. 73 added, 70 cut, 20 new holders and 22 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Cohen & Steers Preferred Securities & Income Fund, Inc. COHEN & STEERS PREFERRED SECURITIES & INCOME FUND, INC. | 2026-06-30 | $135.4M | $137.3M | $0 |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $62.4M | $61.9M | $7.7M |
| Guggenheim Total Return Bond Fund Guggenheim Funds Trust | 2026-06-30 | $59.5M | $59.9M | $0 |
| First Trust Preferred Securities and Income ETF First Trust Exchange-Traded Fund III | 2026-07-31 | $46.2M | $46.0M | $0 |
| iShares iBoxx $ High Yield Corporate Bond ETF iShares Trust | 2026-05-31 | $42.1M | $42.6M | $42K |
| Spectrum Preferred and Capital Securities Income Fund Principal Funds, Inc | 2026-05-31 | $40.1M | $40.4M | $5.7M |
| VANGUARD TOTAL INTERNATIONAL BOND II INDEX FUND VANGUARD CHARLOTTE FUNDS | 2026-07-31 | $48.8M | $35.5M | $4.0M |
| Guggenheim Macro Opportunities Fund Guggenheim Funds Trust | 2026-06-30 | $31.9M | $32.2M | $0 |
| Invesco Variable Rate Preferred ETF Invesco Exchange-Traded Fund Trust II | 2026-05-31 | $31.2M | $31.6M | $3.9M |
| Cohen & Steers Short Duration Preferred & Income Fund,Inc. Cohen & Steers Short Duration Preferred & Income Fund, Inc. | 2026-07-31 | $31.1M | $30.8M | $0 |
| Invesco Ultra Short Duration ETF Invesco Actively Managed Exchange-Traded Fund Trust | 2026-07-31 | $31.0M | $30.7M | -$4.0M |
| VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND VANGUARD CHARLOTTE FUNDS | 2026-07-31 | $40.8M | $29.6M | $0 |
| NYLIM MacKay High Yield Corporate Bond Fund NYLIM FUNDS | 2026-07-31 | $29.8M | $29.5M | -$125K |
| Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund | 2026-07-31 | $25.7M | $25.5M | $0 |
| First Trust Institutional Preferred Securities and Income ETF First Trust Exchange-Traded Fund III | 2026-07-31 | $25.6M | $25.5M | $0 |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $26.6M | $24.4M | -$2.8M |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $23.6M | $20.4M | $0 |
| Eaton Vance Total Return Bond ETF Morgan Stanley ETF Trust | 2026-06-30 | $20.4M | $20.4M | $35K |
| State Street(R) SPDR(R) Bloomberg High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $19.5M | $19.7M | -$1.4M |
| Allspring Core Plus Bond Fund ALLSPRING FUNDS TRUST | 2026-05-31 | $19.1M | $19.3M | $0 |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $18.8M | $18.9M | -$1.2M |
| Invesco Conservative Income Fund Invesco Management Trust | 2026-05-31 | $17.6M | $17.3M | -$6.9M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $18.7M | $16.3M | $0 |
| COHEN & STEERS INFRASTRUCTURE FUND INC | 2026-06-30 | $15.0M | $15.2M | $0 |
| Cohen & Steers Ltd Duration Preferred & Income Fund, Inc. | 2026-06-30 | $14.3M | $14.5M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): DNP Select Income Fund Inc ($5.0M), PIMCO Commodity Strategy Active Exchange-Traded Fund ($4.8M), Hartford Dynamic Bond Fund ($4.8M), AB Core Bond Portfolio ($4.1M), Calvert Ultra-Short Duration Income Fund ($3.5M), iShares iBoxx $ Investment Grade Corporate Bond ETF ($1.7M), PIMCO Total Return Fund ($1.6M), George Putnam Balanced Fund ($1.5M), PIMCO StocksPLUS Fund ($1.4M), Calvert Ultra-Short Investment Grade ETF ($1.1M).
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 | 4 | $62.4M | $61.9M | 0.22% |
| FPE First Trust Preferred Securities and Income ETF | 2026-07-31 | 2 | $46.2M | $46.0M | 0.73% |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 2026-05-31 | 4 | $42.1M | $42.6M | 0.26% |
| VRP Invesco Variable Rate Preferred ETF | 2026-05-31 | 4 | $31.2M | $31.6M | 1.09% |
| GSY Invesco Ultra Short Duration ETF | 2026-07-31 | 2 | $31.0M | $30.7M | 0.78% |
| BNDX VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND | 2026-07-31 | 9 | $40.8M | $29.6M | 0.02% |
| FPEI First Trust Institutional Preferred Securities and Income ETF | 2026-07-31 | 2 | $25.6M | $25.5M | 1.32% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $26.6M | $24.4M | 0.04% |
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 3 | $23.6M | $20.4M | 0.01% |
| EVTR Eaton Vance Total Return Bond ETF | 2026-06-30 | 1 | $20.4M | $20.4M | 0.37% |
| JNK State Street(R) SPDR(R) Bloomberg High Yield Bond ETF | 2026-06-30 | 4 | $19.5M | $19.7M | 0.27% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 4 | $18.8M | $18.9M | 0.17% |
| PREF Principal Spectrum Preferred Securities Active ETF | 2026-06-30 | 4 | $14.1M | $14.4M | 0.81% |
| BSCR Invesco BulletShares 2027 Corporate Bond ETF | 2026-05-31 | 2 | $11.2M | $11.1M | 0.24% |
| MINT PIMCO Enhanced Short Maturity Active Exchange-Traded Fund | 2026-06-30 | 1 | $9.2M | $9.1M | 0.06% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 5.73: safer than 56% of companies (54th percentile in Communication Services). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $13.07B |
| Debt barrier (short-term + ½ long-term debt) | $11.95B |
| Equity volatility (1 year) | 24.7% |
| Asset value / asset volatility (solved) | $24.52B / 13.1% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 126 bp spread prices in about 2.1% 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'' = 0.09 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in TU'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 | 23 | $103.0M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 283 | $7.34B | 14 | $510.1M | 11 | $189.7M | 0 |
| 2026-03-31 | 278 | $8.64B | 12 | $585.4M | 12 | $212.1M | 0 |
| 2025-12-31 | 300 | $9.34B | 12 | $787.5M | 14 | $305.0M | 1 |
| 2025-09-30 | 297 | $12.08B | 11 | $854.8M | 18 | $292.1M | 1 |
| 2025-06-30 | 296 | $12.66B | 13 | $754.5M | 13 | $274.9M | 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.