Welltower Inc. bonds WELL
Who owns Welltower 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. WELL 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 |
|---|---|---|---|---|---|---|---|---|---|
| 95040QAK0 | 2.7% fixed | 2027-02-15 | USD | 99.17 | 4.27% | 42 bp | 11 | $27.7M | Jul 2026 |
| 95040QAD6 | 4.25% fixed | 2028-04-15 | USD | 99.44 | 4.59% | 42 bp | 13 | $27.9M | Jul 2026 |
| 95041AAB4 convertible | 2.75% fixed | 2028-05-15 | USD | 244.95 | — | — | 12 | $125.6M | Jul 2026 |
| 95040QAA2 | 4.8% fixed | 2028-11-20 | GBP | 99.28 | 5.13% | — | 4 | $13.8M | Jul 2026 |
| 95040QAN4 | 2.05% fixed | 2029-01-15 | USD | 93.94 | 4.69% | 45 bp | 11 | $40.6M | Jul 2026 |
| 95040QAH7 | 4.13% fixed | 2029-03-15 | USD | 98.56 | 4.72% | 47 bp | 16 | $33.5M | Jul 2026 |
| 95041AAD0 convertible | 3.125% fixed | 2029-07-15 | USD | 184.74 | — | — | 22 | $332.6M | Jul 2026 |
| 95040QAJ3 | 3.1% fixed | 2030-01-15 | USD | 94.47 | 4.86% | 58 bp | 18 | $70.4M | Jul 2026 |
| 95041AAF5 | 4.5% fixed | 2030-07-01 | USD | 98.61 | 4.89% | 60 bp | 20 | $96.1M | Jul 2026 |
| 95040QAL8 | 2.75% fixed | 2031-01-15 | USD | 91.34 | 4.94% | 63 bp | 16 | $36.7M | Jul 2026 |
| 95040QAM6 | 2.8% fixed | 2031-06-01 | USD | 90.91 | 4.94% | 61 bp | 13 | $9.1M | Jul 2026 |
| 95040QAP9 | 2.75% fixed | 2032-01-15 | USD | 89.19 | 5.04% | 68 bp | 8 | $15.8M | Jul 2026 |
| 95040QAR5 | 3.85% fixed | 2032-06-15 | USD | 94.08 | 5.03% | 64 bp | 11 | $12.5M | Jul 2026 |
| 95041AAJ7 | 4.15% fixed | 2033-08-15 | CAD | 98.86 | 4.34% | — | 1 | $35K | Jul 2026 |
| 42217KBE5 | 4.5% fixed | 2034-12-01 | GBP | 92.18 | 5.69% | — | 1 | $7.3M | Jul 2026 |
| 95040QAB0 | 4.5% fixed | 2034-12-01 | GBP | 92.18 | 5.69% | — | 6 | $23.5M | Jul 2026 |
| 95041AAG3 | 5.125% fixed | 2035-07-01 | USD | 98.58 | 5.33% | 78 bp | 17 | $30.3M | Jul 2026 |
| 42217KAX4 | 6.5% fixed | 2041-03-15 | USD | 107.95 | 5.69% | 86 bp | 6 | $3.7M | Jul 2026 |
| 42217KBB1 | 5.125% fixed | 2043-03-15 | USD | 93.94 | 5.69% | 89 bp | 4 | $12.2M | Jun 2026 |
| 95040QAF1 | 4.95% fixed | 2048-09-01 | USD | 88.15 | 5.92% | 81 bp | 4 | $2.1M | 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 | 19 | $909.4M | 98.56 | 4.94% | 62 bp | 22 |
| Jun 2026 | 18 | $856.5M | 97.00 | 4.73% | 54 bp | 33 |
| May 2026 | 16 | $606.5M | 97.12 | 4.65% | 53 bp | 24 |
| Apr 2026 | 19 | $863.5M | 95.27 | 4.63% | 71 bp | 21 |
| Mar 2026 | 19 | $828.9M | 98.61 | 4.65% | 78 bp | 33 |
| Feb 2026 | 17 | $671.3M | 98.90 | 4.18% | 44 bp | 25 |
| Jan 2026 | 19 | $789.4M | 98.84 | 4.36% | 55 bp | 21 |
| Dec 2025 | 20 | $840.5M | 97.61 | 4.32% | 60 bp | 32 |
| Nov 2025 | 17 | $655.2M | 98.62 | 4.24% | 54 bp | 25 |
| Oct 2025 | 19 | $797.4M | 98.40 | 4.34% | 66 bp | 20 |
| Sep 2025 | 20 | $887.1M | 97.12 | 4.39% | 68 bp | 32 |
| Aug 2025 | 17 | $561.4M | 98.14 | 4.42% | 57 bp | 24 |
| Jul 2025 | 18 | $766.9M | 98.24 | 4.63% | 61 bp | 19 |
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. 64 added, 75 cut, 17 new holders and 21 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $128.9M | $125.1M | $0 |
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $113.4M | $110.1M | $4.3M |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $112.1M | $107.7M | $0 |
| iShares Convertible Bond ETF iShares Trust | 2026-07-31 | $43.5M | $93.4M | $7.8M |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $90.8M | $88.1M | -$6.2M |
| Franklin Convertible Securities Fund Franklin Investors Securities Trust | 2026-07-31 | $47.0M | $86.8M | $0 |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $88.9M | $85.7M | $987K |
| Core Fixed Income Fund Principal Funds, Inc | 2026-07-31 | $78.5M | $76.0M | $0 |
| Calamos Market Neutral Income Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $29.1M | $65.8M | $0 |
| State Street(R) SPDR(R) Bloomberg Convertible Securities ETF SPDR SERIES TRUST | 2026-06-30 | $31.3M | $65.5M | $4.5M |
| PIMCO Long Duration Credit Bond Portfolio PIMCO FUNDS | 2026-06-30 | $53.0M | $56.2M | $0 |
| NYLIM MacKay Convertible Fund NYLIM FUNDS | 2026-07-31 | $28.1M | $52.0M | $0 |
| VANGUARD WELLINGTON FUND | 2026-05-31 | $46.6M | $46.6M | $0 |
| Virtus Income & Growth Fund Virtus Investment Trust | 2026-06-30 | $22.2M | $39.7M | -$2.0M |
| Virtus Convertible Fund Virtus Strategy Trust | 2026-06-30 | $21.4M | $38.3M | -$1.6M |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $37.6M | $36.4M | -$4.2M |
| NYLIM VP MacKay Convertible Portfolio NYLIM VP FUNDS TRUST | 2026-06-30 | $19.9M | $35.7M | $0 |
| iShares iBoxx $ Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $32.7M | $31.7M | -$827K |
| Fidelity Convertible Securities Fund Fidelity Financial Trust | 2026-05-31 | $13.7M | $29.5M | -$505K |
| VANGUARD WELLESLEY INCOME FUND | 2026-06-30 | $29.3M | $29.3M | $0 |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $29.7M | $29.0M | $2.1M |
| CALAMOS STRATEGIC TOTAL RETURN FUND | 2026-07-31 | $14.0M | $25.9M | $0 |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $26.7M | $25.8M | $5.5M |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $24.9M | $24.3M | -$2.4M |
| BlackRock Systematic Multi-Strategy Fund BlackRock Funds IV | 2026-06-30 | $22.9M | $22.5M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): JPMorgan Ultra-Short Income ETF ($30.2M), THE HARTFORD BALANCED INCOME FUND ($22.7M), Invesco BulletShares 2026 Corporate Bond ETF ($8.3M), JPMorgan Global Active Allocation Portfolio ($5.3M), THRIVENT INCOME FUND ($1.9M), THRIVENT INCOME PORTFOLIO ($1.6M), JNL/PIMCO Investment Grade Credit Bond Fund ($1.3M), SHELTON TACTICAL CREDIT FUND ($1.2M), PIMCO Total Return Portfolio ($1.1M), MEDIUM-DURATION BOND FUND ($898K).
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 |
|---|---|---|---|---|---|
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 11 | $113.4M | $110.1M | 0.03% |
| ICVT iShares Convertible Bond ETF | 2026-07-31 | 2 | $43.5M | $93.4M | 1.30% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 6 | $90.8M | $88.1M | 0.18% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 5 | $88.9M | $85.7M | 0.12% |
| CWB State Street(R) SPDR(R) Bloomberg Convertible Securities ETF | 2026-06-30 | 2 | $31.3M | $65.5M | 1.06% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 12 | $37.6M | $36.4M | 0.03% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 4 | $32.7M | $31.7M | 0.11% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 6 | $29.7M | $29.0M | 0.04% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 3 | $26.7M | $25.8M | 0.05% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 6 | $24.9M | $24.3M | 0.11% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 4 | $20.5M | $19.6M | 0.11% |
| DUSB Dimensional Ultrashort Fixed Income ETF | 2026-07-31 | 2 | $18.2M | $18.1M | 0.82% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 13 | $16.2M | $15.7M | 0.09% |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 2026-06-30 | 4 | $15.8M | $15.2M | 0.13% |
| DFSD Dimensional Short-Duration Fixed Income ETF | 2026-07-31 | 4 | $15.5M | $14.8M | 0.21% |
Default risk, three ways
Stock market: distance-to-default
Not computed: financial company (banks, insurers, BDCs and REITs carry leverage as their business, which the model misreads).
Bond market: priced-in odds
A 62 bp spread prices in about 1.0% 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
Not available.
The stock side: 13F filings
What institutions report holding in WELL'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 | 242 | $990.1M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 1,582 | $146.03B | 19 | $666.3M | 28 | $957.7M | 1 |
| 2026-03-31 | 1,468 | $100.84B | 21 | $244.3M | 28 | $237.4M | 1 |
| 2025-12-31 | 1,413 | $113.88B | 24 | $326.9M | 23 | $429.6M | 1 |
| 2025-09-30 | 1,315 | $101.85B | 25 | $261.6M | 23 | $251.9M | 2 |
| 2025-06-30 | 1,238 | $91.51B | 30 | $257.0M | 25 | $177.8M | 3 |
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.