Vistra Corp. bonds VST
Who owns Vistra Corp.'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. VST 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 |
|---|---|---|---|---|---|---|---|---|---|
| 92840MAB8 | 8% fixed | 2026-10-15 | USD | 100.35 | 6.19% | 246 bp | 35 | $189.9M | Jul 2026 |
| 92840MAC6 | 7% fixed | 2026-12-15 | USD | 100.51 | 5.59% | 181 bp | 40 | $117.3M | Jul 2026 |
| 92840VAT9 | 5.05% fixed | 2026-12-30 | USD | 100.21 | 4.52% | 72 bp | 16 | $32.8M | Jul 2026 |
| 92840VAG7 | 3.7% fixed | 2027-01-30 | USD | 99.35 | 5.03% | 119 bp | 16 | $61.8M | Jul 2026 |
| 92840VAF9 | 5% fixed | 2027-07-31 | USD | 100.00 | 5.00% | 95 bp | 33 | $143.0M | Jul 2026 |
| 69754AAA8 | 7.233% fixed | 2028-05-17 | USD | 103.42 | 5.21% | 102 bp | 12 | $20.5M | Jul 2026 |
| 92840VAX0 | 4.3% fixed | 2028-10-15 | USD | 98.59 | 4.98% | 75 bp | 25 | $96.5M | Jul 2026 |
| 92840MAD4 | 8.875% fixed | 2029-01-15 | USD | 106.01 | 6.20% | 196 bp | 14 | $109.3M | Jul 2026 |
| 92840VAH5 | 4.375% fixed | 2029-05-01 | USD | 97.61 | 5.32% | 107 bp | 23 | $105.6M | Jul 2026 |
| 92840VAE2 | 4.3% fixed | 2029-07-15 | USD | 97.62 | 5.18% | 92 bp | 18 | $49.0M | Jul 2026 |
| 92840VAV4 | 4.6% fixed | 2030-10-15 | USD | 97.34 | 5.31% | 101 bp | 22 | $33.0M | Jul 2026 |
| 92840VAY8 | 4.7% fixed | 2031-01-31 | USD | 97.37 | 5.37% | 105 bp | 29 | $46.5M | Jul 2026 |
| 92840VBA9 | 5% fixed | 2031-04-30 | USD | 98.43 | 5.38% | 106 bp | 26 | $94.1M | Jul 2026 |
| 92840VAP7 | 7.75% fixed | 2031-10-15 | USD | 104.27 | 6.76% | 242 bp | 38 | $83.5M | Jul 2026 |
| 92840VAR3 | 6.875% fixed | 2032-04-15 | USD | 103.29 | 6.18% | 180 bp | 45 | $80.0M | Jul 2026 |
| 92840VBB7 | 5.25% fixed | 2033-04-30 | USD | 97.65 | 5.67% | 123 bp | 27 | $82.7M | Jul 2026 |
| 92840VAQ5 | 6.95% fixed | 2033-10-15 | USD | 106.45 | 5.84% | 137 bp | 15 | $12.3M | Jul 2026 |
| 92840VAS1 | 6% fixed | 2034-04-15 | USD | 101.00 | 5.84% | 134 bp | 20 | $9.5M | Jul 2026 |
| 92840VAU6 | 5.7% fixed | 2034-12-30 | USD | 98.72 | 5.89% | 137 bp | 19 | $19.3M | Jul 2026 |
| 92840VAW2 | 5.25% fixed | 2035-10-15 | USD | 95.34 | 5.91% | 135 bp | 24 | $55.7M | Jul 2026 |
| 92840VAZ5 | 5.35% fixed | 2036-01-31 | USD | 95.73 | 5.94% | 137 bp | 22 | $36.0M | Jul 2026 |
| 92840VBC5 | 5.55% fixed | 2036-04-30 | USD | 97.33 | 5.91% | 132 bp | 21 | $62.9M | 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 | 22 | $1.54B | 99.04 | 5.84% | 132 bp | 45 |
| Jun 2026 | 22 | $3.24B | 99.72 | 5.42% | 112 bp | 92 |
| May 2026 | 22 | $3.04B | 99.78 | 5.42% | 113 bp | 51 |
| Apr 2026 | 22 | $1.66B | 99.86 | 5.40% | 130 bp | 51 |
| Mar 2026 | 20 | $2.71B | 100.08 | 5.50% | 142 bp | 106 |
| Feb 2026 | 20 | $2.42B | 100.89 | 5.02% | 112 bp | 68 |
| Jan 2026 | 20 | $1.82B | 100.50 | 5.23% | 119 bp | 68 |
| Dec 2025 | 18 | $2.51B | 101.31 | 5.12% | 119 bp | 113 |
| Nov 2025 | 18 | $2.19B | 101.11 | 5.08% | 121 bp | 68 |
| Oct 2025 | 18 | $1.68B | 100.91 | 5.21% | 132 bp | 67 |
| Sep 2025 | 16 | $2.60B | 101.94 | 5.21% | 142 bp | 105 |
| Aug 2025 | 16 | $2.08B | 101.67 | 5.41% | 137 bp | 69 |
| Jul 2025 | 16 | $1.52B | 101.42 | 5.44% | 140 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. 213 added, 185 cut, 102 new holders and 83 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Franklin Income Fund Franklin Custodian Funds | 2026-06-30 | $653.2M | $666.6M | $71.0M |
| Lord Abbett Short Duration Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $549.8M | $557.1M | $301.5M |
| PGIM High Yield Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $317.9M | $320.4M | -$51.7M |
| PGIM Total Return Bond Fund Prudential Investment Portfolios, Inc. 17 | 2026-07-31 | $240.3M | $242.1M | $0 |
| Lord Abbett Ultra Short Bond Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $198.5M | $199.1M | $147.3M |
| Bond Fund John Hancock Sovereign Bond Fund | 2026-05-31 | $134.2M | $136.4M | $53.5M |
| JPMorgan Core Plus Bond Fund JPMorgan Trust II | 2026-05-31 | $112.1M | $112.6M | -$3.1M |
| VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $115.2M | $111.8M | -$2.0M |
| T. Rowe Price High Yield Fund, Inc. T. ROWE PRICE HIGH YIELD FUND, INC. | 2026-05-31 | $106.6M | $110.7M | -$3.8M |
| LORD ABBETT BOND DEBENTURE FUND INC | 2026-06-30 | $108.4M | $110.3M | $0 |
| BlackRock High Yield Portfolio BlackRock Funds V | 2026-06-30 | $77.8M | $78.4M | -$22.1M |
| Loomis Sayles Investment Grade Bond Fund LOOMIS SAYLES FUNDS II | 2026-06-30 | $78.5M | $77.5M | $31.3M |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $77.9M | $76.5M | $0 |
| T. Rowe Price New Income Fund, Inc. T. ROWE PRICE NEW INCOME FUND, INC. | 2026-05-31 | $72.0M | $75.7M | $17.7M |
| PGIM Short Duration High Yield Income Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $74.1M | $73.8M | -$13.3M |
| The Osterweis Strategic Income Fund Professionally Managed Portfolios | 2026-06-30 | $71.3M | $73.5M | $31.8M |
| PGIM Short-Term Corporate Bond Fund Prudential Short-Term Corporate Bond Fund, Inc. | 2026-06-30 | $72.8M | $73.2M | $31.6M |
| Lord Abbett Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $70.8M | $72.4M | $42.8M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $67.1M | $66.7M | new |
| Janus Henderson Balanced Fund Janus Investment Fund | 2026-06-30 | $66.8M | $66.2M | $54.2M |
| Fidelity Investment Grade Bond Central Fund Fidelity Central Investment Portfolios II LLC | 2026-06-30 | $60.8M | $60.4M | new |
| Fidelity Capital and Income Fund Fidelity Summer Street Trust | 2026-07-31 | $57.8M | $57.7M | $0 |
| NYLIM MacKay High Yield Corporate Bond Fund NYLIM FUNDS | 2026-07-31 | $56.4M | $57.0M | $0 |
| Fidelity Total Bond Fund Fidelity Income Fund | 2026-05-31 | $56.1M | $56.1M | $51.4M |
| Strategic Advisers Fidelity Core Income Fund Fidelity Rutland Square Trust II | 2026-05-31 | $54.8M | $54.4M | $37.2M |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): iShares iBoxx $ High Yield Corporate Bond ETF ($82.7M), Invesco BulletShares 2026 High Yield Corporate Bond ETF ($38.7M), Invesco BulletShares 2027 High Yield Corporate Bond ETF ($21.8M), iShares 0-5 Year High Yield Corporate Bond ETF ($17.9M), State Street(R) SPDR(R) Portfolio High Yield Bond ETF ($17.4M), Franklin High Income Fund ($17.4M), Xtrackers USD High Yield Corporate Bond ETF ($16.6M), State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF ($12.9M), Columbia Strategic Income Fund ($11.2M), Schwab High Yield Bond ETF ($10.3M).
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 |
|---|---|---|---|---|---|
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 2 | $67.1M | $66.7M | 0.10% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 7 | $47.3M | $47.7M | 0.26% |
| JCPB JPMorgan Core Plus Bond ETF | 2026-05-31 | 12 | $45.2M | $45.5M | 0.37% |
| MINT PIMCO Enhanced Short Maturity Active Exchange-Traded Fund | 2026-06-30 | 2 | $41.2M | $41.1M | 0.25% |
| FBND Fidelity Total Bond ETF | 2026-05-31 | 6 | $36.2M | $36.2M | 0.14% |
| FTSM First Trust Enhanced Short Maturity ETF | 2026-07-31 | 3 | $32.3M | $32.2M | 0.49% |
| NEAR iShares Short Duration Bond Active ETF | 2026-07-31 | 9 | $32.6M | $32.0M | 0.66% |
| VNLA Janus Henderson Short Duration Income ETF | 2026-07-31 | 3 | $31.5M | $31.3M | 0.94% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 7 | $29.9M | $29.7M | 0.13% |
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 3 | $26.4M | $26.2M | 0.01% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 2 | $23.1M | $23.0M | 0.04% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 3 | $20.8M | $20.7M | 0.07% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 15 | $18.7M | $18.9M | 0.11% |
| PHYL PGIM Active High Yield Bond ETF | 2026-05-29 | 5 | $17.8M | $18.1M | 1.39% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 17 | $18.1M | $18.0M | 0.04% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 4.02: safer than 38% of companies (38th percentile in Utilities). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $50.16B |
| Debt barrier (short-term + ½ long-term debt) | $11.04B |
| Equity volatility (1 year) | 50.0% |
| Asset value / asset volatility (solved) | $60.74B / 41.3% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 132 bp spread prices in about 2.2% 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'' = 0.80 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in VST'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 | 176 | $567.3M | 1 | $636K | 6 | $1.0M | 0 |
| 2026-06-30 | 1,393 | $43.85B | 52 | $3.41B | 56 | $3.08B | 0 |
| 2026-03-31 | 1,299 | $34.16B | 49 | $2.66B | 52 | $1.62B | 0 |
| 2025-12-31 | 1,319 | $45.37B | 48 | $3.17B | 57 | $1.80B | 0 |
| 2025-09-30 | 1,316 | $54.58B | 54 | $3.43B | 61 | $2.38B | 0 |
| 2025-06-30 | 1,250 | $55.45B | 47 | $3.44B | 68 | $2.98B | 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.