Vermilion Energy Inc. bonds VET
Who owns Vermilion Energy 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. VET 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 |
|---|---|---|---|---|---|---|---|---|---|
| 923725AD7 | 6.875% fixed | 2030-05-01 | USD | 99.60 | 6.99% | 271 bp | 15 | $53.3M | Jul 2026 |
| 923725AE5 | 7.25% fixed | 2033-02-15 | USD | 98.90 | 7.47% | 304 bp | 17 | $15.8M | 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 |
|---|---|---|---|---|---|---|
| Aug 2026 partial: filings still arriving | 1 | $18.3M | 100.30 | 7.19% | 271 bp | 1 |
| Jul 2026 | 2 | $69.1M | 99.25 | 7.23% | 287 bp | 17 |
| Jun 2026 | 2 | $61.1M | 99.04 | 7.26% | 302 bp | 25 |
| May 2026 | 2 | $45.1M | 100.78 | 6.87% | 268 bp | 14 |
| Apr 2026 | 2 | $66.7M | 101.25 | 6.77% | 278 bp | 16 |
| Mar 2026 | 2 | $66.5M | 101.05 | 6.81% | 290 bp | 23 |
| Feb 2026 | 2 | $42.9M | 99.52 | 7.10% | 335 bp | 15 |
| Jan 2026 | 2 | $65.2M | 98.42 | 7.36% | 350 bp | 18 |
| Dec 2025 | 2 | $89.2M | 96.62 | 7.74% | 396 bp | 20 |
| Nov 2025 | 2 | $41.8M | 96.38 | 7.82% | 406 bp | 13 |
| Oct 2025 | 2 | $58.3M | 93.80 | 8.42% | 468 bp | 18 |
| Sep 2025 | 2 | $102.5M | 96.15 | 7.86% | 409 bp | 13 |
| Aug 2025 | 2 | $40.2M | 95.07 | 8.11% | 421 bp | 13 |
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. 19 added, 12 cut, 7 new holders and 10 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Lord Abbett Short Duration High Yield Fund LORD ABBETT TRUST I | 2026-07-31 | $35.5M | $35.4M | $0 |
| LORD ABBETT BOND DEBENTURE FUND INC | 2026-06-30 | $29.1M | $28.8M | -$6.2M |
| Lord Abbett Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $15.0M | $15.1M | $6.0M |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $14.4M | $14.3M | $321K |
| American Beacon SiM High Yield Opportunities Fund AMERICAN BEACON FUNDS | 2026-05-31 | $11.7M | $11.8M | new |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $10.8M | $10.7M | $1.8M |
| Lord Abbett High Yield Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $10.4M | $10.4M | $3.3M |
| State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $4.4M | $4.4M | $769K |
| Lord Abbett Credit Opportunities Fund | 2026-06-30 | $4.4M | $4.4M | $0 |
| Western Asset Management Strategic Bond Opportunities Portfolio Brighthouse Funds Trust II | 2026-06-30 | $3.9M | $3.9M | $0 |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $3.5M | $3.5M | $175K |
| FlexShares High Yield Value - Scored Bond Index Fund FlexShares Trust | 2026-07-31 | $2.2M | $2.1M | new |
| Western Asset Short Duration High Income Fund Legg Mason Partners Income Trust | 2026-07-31 | $2.0M | $2.0M | $0 |
| Advent Convertible & Income Fund ADVENT CONVERTIBLE & INCOME FUND | 2026-07-31 | $1.9M | $1.9M | $0 |
| Xtrackers USD High Yield BB-B ex Financials ETF DBX ETF Trust | 2026-05-31 | $1.8M | $1.8M | $481K |
| Harbor Ares Systematic High Yield ETF Harbor ETF Trust | 2026-07-31 | $1.7M | $1.7M | $0 |
| High Income Fund American Century Investment Trust | 2026-06-30 | $1.7M | $1.7M | $100K |
| Bond-Debenture Portfolio LORD ABBETT SERIES FUND INC | 2026-06-30 | $1.5M | $1.5M | -$315K |
| Western Asset High Income Opportunity Fund Inc. | 2026-06-30 | $1.4M | $1.4M | $0 |
| Schwab High Yield Bond ETF SCHWAB STRATEGIC TRUST | 2026-05-31 | $1.3M | $1.3M | $11K |
| Payden High Income Fund PAYDEN & RYGEL INVESTMENT GROUP | 2026-07-31 | $1.3M | $1.3M | $125K |
| Western Asset High Yield Fund Western Asset Funds Inc | 2026-05-29 | $1.1M | $1.1M | -$140K |
| Western Asset High Income Fund II Inc. | 2026-07-31 | $1.1M | $1.1M | $0 |
| Nuveen High Yield Corporate Bond ETF NuShares ETF Trust | 2026-07-31 | $994K | $986K | $0 |
| AVIP High Income Bond Portfolio AuguStar Variable Insurance Products Fund Inc | 2026-06-30 | $1.0M | $983K | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): T. Rowe Price High Yield Fund, Inc. ($14.7M), T. Rowe Price Institutional High Yield Fund ($3.5M), Strategic Advisers Income Opportunities Fund ($925K), High-Yield Fund ($356K), Destinations Global Fixed Income Opportunities Fund ($300K), Six Circles Credit Opportunities Fund ($219K), Western Asset Global Corporate Opportunity Fund Inc. ($90K), BondBloxx B Rated USD High Yield Corporate Bond ETF ($60K), State Street(R) My2030 High Yield Corporate Bond ETF ($25K), State Street(R) My2029 High Yield Corporate Bond ETF ($20K).
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 | 2 | $14.4M | $14.3M | 0.05% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 2 | $10.8M | $10.7M | 0.09% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 1 | $4.4M | $4.4M | 0.09% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 1 | $3.5M | $3.5M | 0.05% |
| HYGV FlexShares High Yield Value - Scored Bond Index Fund | 2026-07-31 | 2 | $2.2M | $2.1M | 0.19% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 2 | $1.8M | $1.8M | 0.08% |
| SIHY Harbor Ares Systematic High Yield ETF | 2026-07-31 | 1 | $1.7M | $1.7M | 1.13% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 2 | $1.3M | $1.3M | 0.05% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 2 | $900K | $892K | 0.00% |
| XBB BondBloxx BB Rated USD High Yield Corporate Bond ETF | 2026-07-31 | 2 | $550K | $546K | 0.11% |
| HYBB iShares BB Rated Corporate Bond ETF | 2026-07-31 | 2 | $395K | $392K | 0.09% |
| BBHY JPMorgan BetaBuilders USD High Yield Corporate Bond ETF | 2026-05-31 | 1 | $336K | $338K | 0.06% |
| IBHJ iShares iBonds 2030 Term High Yield and Income ETF | 2026-07-31 | 1 | $249K | $248K | 0.16% |
| SIFI Harbor Ares Systematic Multi-Sector Income ETF | 2026-07-31 | 1 | $249K | $246K | 0.73% |
| OBND State Street(R) Loomis Sayles Opportunistic Bond ETF | 2026-06-30 | 1 | $175K | $172K | 0.30% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 4.17: safer than 39% of companies (48th percentile in Energy). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $2.08B |
| Debt barrier (short-term + ½ long-term debt) | $463.9M |
| Equity volatility (1 year) | 48.2% |
| Asset value / asset volatility (solved) | $2.52B / 39.7% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 287 bp spread prices in about 4.8% 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'' = -1.12 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in VET'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 | 11 | $9.9M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 157 | $815.0M | 12 | $10.9M | 12 | $17.6M | 0 |
| 2026-03-31 | 151 | $959.5M | 10 | $18.1M | 12 | $30.9M | 0 |
| 2025-12-31 | 152 | $617.9M | 11 | $35.8M | 10 | $20.9M | 0 |
| 2025-09-30 | 126 | $523.4M | 10 | $15.8M | 10 | $16.7M | 0 |
| 2025-06-30 | 139 | $501.9M | 14 | $13.3M | 14 | $15.9M | 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.