WEC Energy Group, Inc. bonds WEC
Who owns WEC Energy Group, 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. WEC 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 |
|---|---|---|---|---|---|---|---|---|---|
| 92939UAM8 | 5.6% fixed | 2026-09-12 | USD | 100.10 | 4.69% | 96 bp | 13 | $29.4M | Jul 2026 |
| 92939UAP1 convertible | 4.375% fixed | 2027-06-01 | USD | 114.73 | — | — | 10 | $67.4M | Jul 2026 |
| 92939UAJ5 | 5.15% fixed | 2027-10-01 | USD | 100.59 | 4.62% | 54 bp | 15 | $29.8M | Jul 2026 |
| 92939UAD8 | 1.375% fixed | 2027-10-15 | USD | 96.35 | 4.52% | 43 bp | 8 | $20.8M | Jul 2026 |
| 92939UAL0 | 4.75% fixed | 2028-01-15 | USD | 100.20 | 4.60% | 47 bp | 32 | $132.1M | Jul 2026 |
| 92939UAS5 convertible | 3.375% fixed | 2028-06-01 | USD | 103.92 | — | — | 1 | $7.8M | Jun 2026 |
| 92939UAT3 convertible | 3.375% fixed | 2028-06-01 | USD | 101.66 | — | — | 14 | $109.8M | Jul 2026 |
| 92939UAG1 | 2.2% fixed | 2028-12-15 | USD | 94.41 | 4.71% | 48 bp | 10 | $5.4M | Jul 2026 |
| 92939UAR7 convertible | 4.375% fixed | 2029-06-01 | USD | 118.23 | — | — | 8 | $73.8M | Jul 2026 |
| 976843BQ4 | 4.55% fixed | 2029-12-01 | USD | 99.47 | 4.72% | 45 bp | 6 | $8.5M | Jul 2026 |
| 92939UAE6 | 1.8% fixed | 2030-10-15 | USD | 88.31 | 4.91% | 61 bp | 12 | $8.2M | Jul 2026 |
| 92939UAU0 | 5.625% fixed | 2056-05-15 | USD | 98.47 | 5.73% | 63 bp | 23 | $27.7M | 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 | 11 | $512.8M | 100.10 | 4.71% | 48 bp | 32 |
| Jun 2026 | 12 | $547.3M | 100.21 | 4.57% | 49 bp | 65 |
| May 2026 | 11 | $304.1M | 100.28 | 4.43% | 49 bp | 28 |
| Apr 2026 | 11 | $497.9M | 100.42 | 4.42% | 62 bp | 33 |
| Mar 2026 | 12 | $522.7M | 100.42 | 4.40% | 68 bp | 62 |
| Feb 2026 | 11 | $292.5M | 101.55 | 3.93% | 40 bp | 28 |
| Jan 2026 | 11 | $398.6M | 101.59 | 3.99% | 39 bp | 29 |
| Dec 2025 | 13 | $505.6M | 101.01 | 3.98% | 44 bp | 62 |
| Nov 2025 | 12 | $328.6M | 101.50 | 4.03% | 47 bp | 20 |
| Oct 2025 | 12 | $440.7M | 101.21 | 4.14% | 61 bp | 18 |
| Sep 2025 | 12 | $371.7M | 101.53 | 4.11% | 54 bp | 29 |
| Aug 2025 | 13 | $329.9M | 101.25 | 4.17% | 46 bp | 20 |
| Jul 2025 | 13 | $486.7M | 100.76 | 4.46% | 56 bp | 20 |
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. 59 added, 57 cut, 12 new holders and 18 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Calamos Market Neutral Income Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $110.0M | $123.1M | $0 |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $93.9M | $93.5M | -$1.5M |
| iShares Convertible Bond ETF iShares Trust | 2026-07-31 | $55.5M | $61.8M | $10.8M |
| State Street(R) SPDR(R) Bloomberg Convertible Securities ETF SPDR SERIES TRUST | 2026-06-30 | $39.2M | $45.5M | $7.0M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $43.5M | $43.8M | $11.8M |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $40.5M | $39.6M | $5.9M |
| LORD ABBETT BOND DEBENTURE FUND INC | 2026-06-30 | $34.1M | $33.9M | $0 |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $32.8M | $32.2M | $2.2M |
| Virtus Income & Growth Fund Virtus Investment Trust | 2026-06-30 | $26.6M | $27.6M | $6.8M |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $27.2M | $27.1M | $2.1M |
| Virtus Convertible Fund Virtus Strategy Trust | 2026-06-30 | $26.0M | $27.0M | $7.3M |
| iShares Ultra Short Duration Bond Active ETF iShares U.S. ETF Trust | 2026-07-31 | $21.3M | $21.3M | $0 |
| College Retirement Equities Fund - Core Bond Account College Retirement Equities Fund | 2026-06-30 | $21.1M | $20.9M | $0 |
| Intermediate Bond Fund of America | 2026-05-31 | $20.7M | $20.8M | $0 |
| Fidelity Convertible Securities Fund Fidelity Financial Trust | 2026-05-31 | $16.7M | $18.9M | $0 |
| JPMorgan Ultra-Short Income ETF J.P. Morgan Exchange-Traded Fund Trust | 2026-05-31 | $18.8M | $18.6M | $5.0M |
| Equity Income Fund American Century Capital Portfolios, Inc. | 2026-06-30 | $13.9M | $16.8M | $0 |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $15.6M | $15.2M | -$210K |
| Bond Fund of America | 2026-06-30 | $14.8M | $14.9M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $15.2M | $14.8M | $380K |
| VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $15.0M | $14.8M | $0 |
| Virtus Artificial Intelligence & Technology Opportunities Fund | 2026-07-31 | $13.8M | $14.1M | new |
| Putnam Ultra Short Duration Income Fund Putnam Funds Trust | 2026-07-31 | $13.4M | $13.4M | $0 |
| Capital Group Central Corporate Bond Fund Capital Group Central Fund Series II | 2026-05-31 | $13.2M | $13.3M | $0 |
| Bond Fund John Hancock Sovereign Bond Fund | 2026-05-31 | $13.1M | $13.0M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): N/A ($8.0M), JPMorgan Global Active Allocation Portfolio ($5.6M), Schwab 5-10 Year Corporate Bond ETF ($2.9M), Defensive Market Strategies Fund ($2.1M), PIMCO Short Asset Portfolio ($2.0M), THE HARTFORD BALANCED INCOME FUND ($1.5M), Nationwide Strategic Income Fund ($1.2M), DFA Commodity Strategy Portfolio ($785K), NVIT Strategic Income Fund ($265K), TCW Multisector Credit Income ETF ($210K).
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 |
|---|---|---|---|---|---|
| ICVT iShares Convertible Bond ETF | 2026-07-31 | 3 | $55.5M | $61.8M | 0.86% |
| CWB State Street(R) SPDR(R) Bloomberg Convertible Securities ETF | 2026-06-30 | 3 | $39.2M | $45.5M | 0.73% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 4 | $43.5M | $43.8M | 0.09% |
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 7 | $40.5M | $39.6M | 0.01% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 5 | $27.2M | $27.1M | 0.04% |
| ICSH iShares Ultra Short Duration Bond Active ETF | 2026-07-31 | 1 | $21.3M | $21.3M | 0.26% |
| JPST JPMorgan Ultra-Short Income ETF | 2026-05-31 | 2 | $18.8M | $18.6M | 0.05% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 6 | $15.6M | $15.2M | 0.07% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 7 | $15.2M | $14.8M | 0.01% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 4 | $12.4M | $12.1M | 0.11% |
| VUSB VANGUARD ULTRA-SHORT BOND ETF | 2026-06-30 | 2 | $11.7M | $11.5M | 0.13% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 1 | $9.4M | $9.4M | 0.01% |
| IBDT iShares iBonds Dec 2028 Term Corporate ETF | 2026-07-31 | 2 | $8.5M | $8.3M | 0.20% |
| DUSB Dimensional Ultrashort Fixed Income ETF | 2026-07-31 | 1 | $7.4M | $7.4M | 0.33% |
| PREF Principal Spectrum Preferred Securities Active ETF | 2026-06-30 | 1 | $6.3M | $6.2M | 0.35% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 11.12: safer than 84% of companies (89th percentile in Utilities). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $34.93B |
| Debt barrier (short-term + ½ long-term debt) | $12.96B |
| Equity volatility (1 year) | 16.2% |
| Asset value / asset volatility (solved) | $47.35B / 12.0% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 48 bp spread prices in about 0.8% 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'' = 0.92 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in WEC'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 | 212 | $498.3M | 0 | — | 0 | — | 4 |
| 2026-06-30 | 1,388 | $32.02B | 8 | $8.8M | 12 | $40.5M | 71 |
| 2026-03-31 | 1,353 | $25.66B | 13 | $30.0M | 16 | $70.8M | 57 |
| 2025-12-31 | 1,320 | $27.53B | 13 | $93.8M | 15 | $49.9M | 61 |
| 2025-09-30 | 1,266 | $30.07B | 17 | $194.1M | 15 | $108.0M | 61 |
| 2025-06-30 | 1,234 | $26.88B | 15 | $102.3M | 19 | $73.2M | 65 |
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.