World Kinect Corporation bonds WKC
Who owns World Kinect Corporation'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. WKC 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 |
|---|---|---|---|---|---|---|---|---|---|
| 98149GAB6 convertible | 3.25% fixed | 2028-07-01 | USD | 148.95 | — | — | 4 | $27.0M | Jul 2026 |
Spread history
Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.
Not enough US-dollar bonds with a yield.
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 | $27.0M | 148.95 | — | — | 4 |
| Jun 2026 | 1 | $7.0M | 129.59 | — | — | 2 |
| May 2026 | 1 | $4.1M | 118.55 | — | — | 2 |
| Apr 2026 | 1 | $19.5M | 114.83 | — | — | 3 |
| Mar 2026 | 1 | $5.9M | 105.04 | — | — | 4 |
| Feb 2026 | 1 | $4.1M | 109.14 | — | — | 3 |
| Jan 2026 | 1 | $15.5M | 113.52 | — | — | 3 |
| Dec 2025 | 1 | $6.0M | 105.42 | — | — | 3 |
| Nov 2025 | 1 | $3.7M | 104.30 | — | — | 2 |
| Oct 2025 | 1 | $12.4M | 110.97 | — | — | 3 |
| Sep 2025 | 1 | $23.7M | 110.16 | — | — | 4 |
| Aug 2025 | 1 | $4.1M | 111.75 | — | — | 2 |
| Jul 2025 | 1 | $23.1M | 113.74 | — | — | 5 |
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. 3 added, 1 cut, 1 new holders and 3 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| iShares Convertible Bond ETF iShares Trust | 2026-07-31 | $7.1M | $10.5M | $1.1M |
| Calamos Market Neutral Income Fund CALAMOS INVESTMENT TRUST/IL | 2026-07-31 | $6.0M | $8.9M | $0 |
| Miller Market Neutral Income Fund Miller Investment Trust | 2026-07-31 | $5.0M | $7.5M | $0 |
| State Street(R) SPDR(R) Bloomberg Convertible Securities ETF SPDR SERIES TRUST | 2026-06-30 | $5.4M | $6.9M | $475K |
| Fidelity Convertible Securities Fund Fidelity Financial Trust | 2026-05-31 | $2.6M | $3.1M | $0 |
| Fidelity Strategic Dividend and Income Fund Fidelity Salem Street Trust | 2026-05-31 | $873K | $1.0M | -$105K |
| Calamos Convertible Equity Alternative ETF Calamos ETF Trust | 2026-07-31 | $75K | $112K | new |
| 1290 VT Convertible Securities Portfolio EQ Advisors Trust | 2026-06-30 | $75K | $97K | $25K |
| JNL Multi-Manager Alternative Fund JNL Series Trust | 2026-06-30 | $0 | $0 | -$395K |
| Defensive Market Strategies Fund GuideStone Funds | 2026-06-30 | $0 | $0 | -$264K |
| Franklin Alternative Strategies Fund Franklin Alternative Strategies Funds | 2026-05-29 | $0 | $0 | -$190K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): JNL Multi-Manager Alternative Fund ($395K), Defensive Market Strategies Fund ($264K), Franklin Alternative Strategies Fund ($190K).
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.
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 7.55: safer than 70% of companies (77th percentile in Energy). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $1.82B |
| Debt barrier (short-term + ½ long-term debt) | $376.6M |
| Equity volatility (1 year) | 28.1% |
| Asset value / asset volatility (solved) | $2.18B / 23.5% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
No US-dollar bond with a yield to compute it from.
Accounts: Altman Z
Altman Z'' = 1.10 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in WKC'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 | 30 | $20.6M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 284 | $1.88B | 0 | — | 4 | $1.8M | 0 |
| 2026-03-31 | 239 | $1.09B | 1 | $23K | 4 | $2.1M | 0 |
| 2025-12-31 | 253 | $1.29B | 2 | $75K | 1 | $241K | 0 |
| 2025-09-30 | 262 | $1.54B | 1 | $3K | 3 | $649K | 0 |
| 2025-06-30 | 273 | $1.75B | 1 | $0 | 4 | $760K | 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.