Essential Utilities, Inc. bonds WTRG
Who owns Essential Utilities, 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. WTRG 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 |
|---|---|---|---|---|---|---|---|---|---|
| 29670GAJ1 | 4.8% fixed | 2027-08-15 | USD | 100.20 | 4.60% | 54 bp | 15 | $39.5M | Jul 2026 |
| 03836WAB9 | 3.57% fixed | 2029-05-01 | USD | 96.63 | 4.89% | 64 bp | 8 | $8.3M | Jul 2026 |
| 29670GAD4 | 2.704% fixed | 2030-04-15 | USD | 92.25 | 5.02% | 74 bp | 10 | $4.3M | Jul 2026 |
| 29670GAF9 | 2.4% fixed | 2031-05-01 | USD | 88.73 | 5.10% | 78 bp | 6 | $4.6M | Jul 2026 |
| 29670GAH5 | 5.375% fixed | 2034-01-15 | USD | 99.66 | 5.43% | 95 bp | 11 | $2.5M | Jul 2026 |
| 29670GAK8 | 5.25% fixed | 2035-08-15 | USD | 98.07 | 5.52% | 97 bp | 7 | $1.5M | Jul 2026 |
| 29670GAL6 | 5.125% fixed | 2036-03-15 | USD | 96.38 | 5.62% | 103 bp | 14 | $4.4M | Jul 2026 |
| 03836WAC7 | 4.276% fixed | 2049-05-01 | USD | 76.47 | 6.22% | 112 bp | 6 | $895K | Jul 2026 |
| 29670GAE2 | 3.351% fixed | 2050-04-15 | USD | 64.62 | 6.23% | 112 bp | 6 | $926K | Jul 2026 |
| 29670GAG7 | 5.3% fixed | 2052-05-01 | USD | 87.78 | 6.26% | 116 bp | 5 | $965K | 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 | 10 | $67.9M | 94.31 | 5.48% | 96 bp | 15 |
| Jun 2026 | 10 | $301.8M | 94.83 | 5.22% | 83 bp | 45 |
| May 2026 | 10 | $165.8M | 95.03 | 5.16% | 77 bp | 19 |
| Apr 2026 | 10 | $69.4M | 95.11 | 5.17% | 95 bp | 15 |
| Mar 2026 | 10 | $278.8M | 95.00 | 5.20% | 105 bp | 43 |
| Feb 2026 | 9 | $160.2M | 94.64 | 4.75% | 79 bp | 20 |
| Jan 2026 | 9 | $61.5M | 94.14 | 4.92% | 86 bp | 16 |
| Dec 2025 | 9 | $246.0M | 93.92 | 4.88% | 86 bp | 28 |
| Nov 2025 | 9 | $155.6M | 94.11 | 4.80% | 85 bp | 20 |
| Oct 2025 | 9 | $59.4M | 94.05 | 4.95% | 103 bp | 15 |
| Sep 2025 | 9 | $245.7M | 93.09 | 5.01% | 104 bp | 27 |
| Aug 2025 | 9 | $135.7M | 92.87 | 5.10% | 98 bp | 19 |
| Jul 2025 | 8 | $56.6M | 91.06 | 4.99% | 84 bp | 14 |
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. 58 added, 21 cut, 8 new holders and 7 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $69.6M | $64.1M | $4.0M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $51.1M | $51.6M | -$215K |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $41.3M | $38.2M | $0 |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $30.2M | $29.7M | $3.2M |
| Baird Short-Term Bond Fund Baird Funds Inc | 2026-06-30 | $25.4M | $25.5M | $0 |
| Baird Aggregate Bond Fund Baird Funds Inc | 2026-06-30 | $24.1M | $23.1M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $21.8M | $19.2M | $1.4M |
| Baird Ultra Short Bond Fund Baird Funds Inc | 2026-06-30 | $18.4M | $18.4M | new |
| VANGUARD SHORT-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $18.2M | $18.3M | $0 |
| Bridge Builder Core Bond Fund Bridge Builder Trust | 2026-06-30 | $17.1M | $17.1M | -$2.6M |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $10.0M | $10.0M | -$1.6M |
| Transamerica Short-Term Bond TRANSAMERICA FUNDS | 2026-07-31 | $9.9M | $9.9M | $0 |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $9.3M | $8.5M | $725K |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $8.3M | $8.0M | $160K |
| Schwab 5-10 Year Corporate Bond ETF SCHWAB STRATEGIC TRUST | 2026-06-30 | $7.9M | $7.9M | $1.3M |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $8.0M | $7.7M | -$1.4M |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $7.3M | $7.3M | $219K |
| Baird Core Plus Bond Fund Baird Funds Inc | 2026-06-30 | $7.0M | $7.0M | $0 |
| DoubleLine Low Duration Bond Fund DoubleLine Funds Trust | 2026-06-30 | $6.7M | $6.7M | $3.7M |
| State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $6.5M | $6.4M | $2.6M |
| VANGUARD LONG-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $7.1M | $5.8M | $968K |
| Invesco BulletShares 2027 Corporate Bond ETF Invesco Exchange-Traded Self-Indexed Fund Trust | 2026-05-31 | $5.1M | $5.1M | $78K |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $4.9M | $4.9M | $0 |
| Nuveen Bond Index Fund TIAA-CREF Funds | 2026-06-30 | $4.8M | $4.5M | $0 |
| iShares Core Universal USD Bond ETF iShares Trust | 2026-07-31 | $5.1M | $4.5M | $75K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): PIMCO Sector Fund Series - I ($3.9M), Nationwide Strategic Income Fund ($3.5M), MEDIUM-DURATION BOND FUND ($925K), NVIT Strategic Income Fund ($885K), Allspring Income Plus Fund ($130K), Allspring Income Plus ETF ($120K), F/m 2-Year Investment Grade Corporate Bond ETF ($42K).
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 | 8 | $69.6M | $64.1M | 0.02% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 3 | $51.1M | $51.6M | 0.08% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 3 | $30.2M | $29.7M | 0.06% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 10 | $21.8M | $19.2M | 0.01% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 3 | $10.0M | $10.0M | 0.06% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 10 | $9.3M | $8.5M | 0.05% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 3 | $8.3M | $8.0M | 0.04% |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 2026-06-30 | 3 | $7.9M | $7.9M | 0.07% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 6 | $8.0M | $7.7M | 0.07% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 2 | $7.3M | $7.3M | 0.01% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 2 | $6.5M | $6.4M | 0.06% |
| VCLT VANGUARD LONG-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 3 | $7.1M | $5.8M | 0.06% |
| BSCR Invesco BulletShares 2027 Corporate Bond ETF | 2026-05-31 | 1 | $5.1M | $5.1M | 0.11% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 2 | $4.9M | $4.9M | 0.01% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 10 | $5.1M | $4.5M | 0.01% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 8.41: safer than 74% of companies (77th percentile in Utilities). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $11.47B |
| Debt barrier (short-term + ½ long-term debt) | $4.29B |
| Equity volatility (1 year) | 21.3% |
| Asset value / asset volatility (solved) | $15.58B / 15.7% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 96 bp spread prices in about 1.6% 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'' = 1.23 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in WTRG'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 | 85 | $186.8M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 685 | $8.26B | 4 | $2.1M | 4 | $6.4M | 0 |
| 2026-03-31 | 674 | $7.13B | 4 | $1.9M | 4 | $6.7M | 0 |
| 2025-12-31 | 677 | $8.40B | 5 | $2.2M | 6 | $8.9M | 0 |
| 2025-09-30 | 664 | $8.98B | 5 | $4.3M | 7 | $14.1M | 0 |
| 2025-06-30 | 668 | $8.09B | 5 | $5.3M | 7 | $14.4M | 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.