Valvoline Inc. bonds VVV
Who owns Valvoline 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. VVV 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 |
|---|---|---|---|---|---|---|---|---|---|
| 92047WAG6 | 3.625% fixed | 2031-06-15 | USD | 91.20 | 5.72% | 139 bp | 26 | $80.9M | 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 | 1 | $80.9M | 91.20 | 5.72% | 139 bp | 26 |
| Jun 2026 | 1 | $68.1M | 92.10 | 5.46% | 126 bp | 31 |
| May 2026 | 1 | $30.6M | 91.25 | 5.64% | 149 bp | 15 |
| Apr 2026 | 1 | $74.2M | 91.13 | 5.64% | 169 bp | 23 |
| Mar 2026 | 1 | $67.4M | 90.42 | 5.78% | 191 bp | 31 |
| Feb 2026 | 1 | $30.3M | 92.90 | 5.17% | 146 bp | 15 |
| Jan 2026 | 1 | $75.4M | 91.91 | 5.38% | 156 bp | 24 |
| Dec 2025 | 1 | $72.6M | 91.93 | 5.35% | 160 bp | 31 |
| Nov 2025 | 1 | $28.8M | 92.19 | 5.27% | 155 bp | 16 |
| Oct 2025 | 1 | $74.2M | 91.28 | 5.45% | 174 bp | 25 |
| Sep 2025 | 1 | $76.6M | 91.70 | 5.33% | 160 bp | 30 |
| Aug 2025 | 1 | $31.5M | 91.23 | 5.41% | 154 bp | 16 |
| Jul 2025 | 1 | $63.1M | 90.09 | 5.63% | 159 bp | 22 |
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. 11 added, 8 cut, 5 new holders and 2 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Income Fund of America | 2026-07-31 | $28.5M | $26.0M | $0 |
| Guggenheim Total Return Bond Fund Guggenheim Funds Trust | 2026-06-30 | $18.3M | $16.8M | $0 |
| Eaton Vance Income Fund of Boston Eaton Vance Series Trust II | 2026-07-31 | $18.3M | $16.7M | $0 |
| Bond Fund John Hancock Sovereign Bond Fund | 2026-05-31 | $15.0M | $13.7M | $0 |
| American High Income Trust | 2026-06-30 | $13.1M | $12.1M | $0 |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $10.6M | $9.7M | $1.1M |
| Allspring Diversified Capital Builder Fund ALLSPRING FUNDS TRUST | 2026-06-30 | $9.5M | $8.7M | $0 |
| PGIM High Yield Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $9.6M | $8.7M | $0 |
| American Funds Multi-Sector Income Fund | 2026-06-30 | $8.8M | $8.1M | $0 |
| HIGH INCOME OPPORTUNITIES PORTFOLIO High Income Opportunities Portfolio | 2026-07-31 | $7.6M | $6.9M | $0 |
| Guggenheim Limited Duration Fund Guggenheim Funds Trust | 2026-06-30 | $7.4M | $6.8M | $0 |
| Multi-Manager High Yield Bond Fund Goldman Sachs Trust II | 2026-07-31 | $6.5M | $6.0M | $500K |
| High Yield Fund John Hancock Bond Trust | 2026-05-31 | $3.4M | $3.1M | $911K |
| NYLIM MacKay Strategic Bond Fund NYLIM FUNDS | 2026-07-31 | $3.2M | $2.9M | $0 |
| First Trust Senior Loan Fund First Trust Exchange-Traded Fund IV | 2026-07-31 | $3.0M | $2.7M | new |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $3.0M | $2.7M | new |
| Catalyst/CIFC Senior Secured Income Fund MUTUAL FUND SERIES TRUST | 2026-06-30 | $2.5M | $2.3M | $0 |
| Goldman Sachs High Yield Fund GOLDMAN SACHS TRUST | 2026-06-30 | $2.2M | $2.0M | $0 |
| FlexShares High Yield Value - Scored Bond Index Fund FlexShares Trust | 2026-07-31 | $2.0M | $1.8M | -$940K |
| Balanced Fund John Hancock Investment Trust | 2026-07-31 | $1.7M | $1.6M | $308K |
| Lazard US High Yield Portfolio LAZARD FUNDS INC | 2026-06-30 | $1.5M | $1.4M | $0 |
| Eaton Vance Ltd Duration Income Fund | 2026-06-30 | $1.4M | $1.3M | $0 |
| Capital Group U.S. Multi-Sector Income ETF Capital Group Fixed Income ETF Trust | 2026-06-30 | $1.4M | $1.3M | -$291K |
| TCW METWEST HIGH YIELD BOND FUND TCW Metropolitan West Funds | 2026-06-30 | $1.1M | $1.0M | $0 |
| Xtrackers USD High Yield BB-B ex Financials ETF DBX ETF Trust | 2026-05-31 | $1.1M | $993K | $80K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): iMGP Low Duration Income Fund ($556K), American Beacon NIS Core Plus Bond Fund ($30K).
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 | $10.6M | $9.7M | 0.03% |
| FTSL First Trust Senior Loan Fund | 2026-07-31 | 1 | $3.0M | $2.7M | 0.12% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 1 | $3.0M | $2.7M | 0.04% |
| HYGV FlexShares High Yield Value - Scored Bond Index Fund | 2026-07-31 | 1 | $2.0M | $1.8M | 0.16% |
| CGMS Capital Group U.S. Multi-Sector Income ETF | 2026-06-30 | 1 | $1.4M | $1.3M | 0.02% |
| BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2026-05-31 | 1 | $1.1M | $993K | 0.04% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 1 | $1.0M | $938K | 0.04% |
| PHYL PGIM Active High Yield Bond ETF | 2026-05-29 | 1 | $729K | $666K | 0.05% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 1 | $595K | $543K | 0.00% |
| IQHI NYLIM MacKay High Income ETF | 2026-07-31 | 1 | $515K | $469K | 0.42% |
| QHY WisdomTree U.S. High Yield Corporate Bond Fund | 2026-06-30 | 1 | $388K | $357K | 0.15% |
| HYZD WisdomTree Interest Rate Hedged High Yield Bond Fund | 2026-05-31 | 1 | $367K | $335K | 0.14% |
| ISTB iShares Core 1-5 Year USD Bond ETF | 2026-07-31 | 1 | $265K | $242K | 0.00% |
| BBHY JPMorgan BetaBuilders USD High Yield Corporate Bond ETF | 2026-05-31 | 1 | $233K | $213K | 0.03% |
| HYXF iShares ESG Advanced High Yield Corporate Bond ETF | 2026-07-31 | 1 | $227K | $207K | 0.11% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 6.38: safer than 61% of companies (59th percentile in Consumer Cyclical). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $3.94B |
| Debt barrier (short-term + ½ long-term debt) | $816.5M |
| Equity volatility (1 year) | 33.0% |
| Asset value / asset volatility (solved) | $4.72B / 27.6% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 139 bp spread prices in about 2.3% 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 = 1.74 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in VVV'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 | 45 | $177.2M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 442 | $5.81B | 5 | $2.8M | 8 | $4.8M | 0 |
| 2026-03-31 | 399 | $4.47B | 3 | $1.1M | 6 | $2.3M | 0 |
| 2025-12-31 | 361 | $4.08B | 4 | $541K | 5 | $4.5M | 0 |
| 2025-09-30 | 400 | $4.92B | 3 | $463K | 6 | $4.1M | 0 |
| 2025-06-30 | 399 | $5.02B | 5 | $3.2M | 6 | $3.8M | 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.