Bonds
Corporate bonds by issuer
Issuers whose bonds US funds hold (at least $25M), with the median fund-marked spread of their US-dollar bonds over Treasuries, the number of fund series holding them, and the issuer's stock-based distance-to-default percentile. Fund marks as of Jul 2026.
| Issuer | Sector | Held by funds ▾ | Bonds | USD spread | 1-month change | USD yield | Fund holders | vs prior quarter | Distance-to-default |
|---|---|---|---|---|---|---|---|---|---|
| MS Morgan Stanley | Financial Services | $7.97B | 157 | 80 bp | +8 bp | 5.12% | 1,158 | +11 | n/a, financial |
| GS The Goldman Sachs Group, Inc. | Financial Services | $6.98B | 124 | 98 bp | +18 bp | 5.54% | 1,236 | +35 | n/a, financial |
| JPM JPMorgan Chase & Co. | Financial Services | $6.95B | 114 | 74 bp | +10 bp | 5.07% | 1,134 | -14 | n/a, financial |
| BAC Bank of America Corporation | Financial Services | $6.35B | 101 | 73 bp | +10 bp | 5.12% | 1,223 | +8 | n/a, financial |
| WFC Wells Fargo & Company | Financial Services | $5.45B | 99 | 91 bp | +12 bp | 5.40% | 1,147 | -36 | n/a, financial |
| C Citigroup Inc. | Financial Services | $5.35B | 116 | 85 bp | +13 bp | 5.43% | 1,209 | -36 | n/a, financial |
| CHTR Charter Communications, Inc. | Communication Services | $5.01B | 51 | 254 bp | +40 bp | 7.29% | 1,246 | -7 | safer than 14% of companies |
| AMZN Amazon.com, Inc. | Consumer Cyclical | $4.63B | 64 | 72 bp | +31 bp | 5.17% | 770 | +35 | safer than 86% of companies |
| ORCL Oracle Corporation | Technology | $4.24B | 55 | 216 bp | +48 bp | 6.74% | 1,163 | -12 | safer than 31% of companies |
| HSBC HSBC Holdings plc | Financial Services | $4.00B | 109 | 106 bp | +14 bp | 5.59% | 888 | +45 | n/a, financial |
| F Ford Motor Company | Consumer Cyclical | $3.04B | 44 | 147 bp | +5 bp | 5.76% | 920 | -18 | safer than 27% of companies |
| BCS Barclays PLC | Financial Services | $2.94B | 78 | 108 bp | +15 bp | 5.56% | 878 | -18 | n/a, financial |
| TD The Toronto-Dominion Bank | Financial Services | $2.78B | 114 | 55 bp | +7 bp | 4.81% | 675 | -34 | n/a, financial |
| RY Royal Bank of Canada | Financial Services | $2.77B | 124 | 52 bp | +4 bp | 4.78% | 685 | +30 | n/a, financial |
| ET Energy Transfer LP | Energy | $2.72B | 61 | 138 bp | +16 bp | 6.25% | 1,134 | +13 | safer than 80% of companies |
| PM Philip Morris International Inc. | Consumer Defensive | $2.72B | 49 | 60 bp | +11 bp | 4.90% | 596 | -11 | safer than 80% of companies |
| VZ Verizon Communications Inc. | Communication Services | $2.55B | 92 | 115 bp | +23 bp | 5.88% | 817 | +105 | safer than 58% of companies |
| PNC The PNC Financial Services Group, Inc. | Financial Services | $2.55B | 39 | 73 bp | +0 bp | 5.03% | 829 | -24 | n/a, financial |
| TDG TransDigm Group Incorporated | Industrials | $2.52B | 13 | 184 bp | +5 bp | 6.23% | 648 | -7 | safer than 68% of companies |
| PCG PG&E Corporation | Utilities | $2.50B | 66 | 113 bp | +6 bp | 5.73% | 986 | +18 | safer than 35% of companies |
| BA The Boeing Company | Industrials | $2.47B | 38 | 103 bp | +18 bp | 5.66% | 780 | -51 | safer than 63% of companies |
| SAN Banco Santander, S.A. | Financial Services | $2.47B | 90 | 85 bp | +9 bp | 5.21% | 698 | +57 | n/a, financial |
| META Meta Platforms, Inc. | Communication Services | $2.46B | 26 | 96 bp | +31 bp | 5.41% | 795 | +117 | safer than 78% of companies |
| T AT&T Inc. | Communication Services | $2.43B | 98 | 134 bp | +22 bp | 6.12% | 842 | +29 | safer than 60% of companies |
| BNP.PA BNP Paribas S.A. | Financial Services | $2.36B | 91 | 125 bp | +9 bp | 5.70% | 621 | -14 | n/a, financial |
| UBS UBS Group AG | Financial Services | $2.21B | 66 | 104 bp | +26 bp | 5.85% | 739 | -21 | n/a, financial |
| GM General Motors Company | Consumer Cyclical | $2.16B | 54 | 88 bp | +9 bp | 5.21% | 806 | -38 | safer than 35% of companies |
| CM Canadian Imperial Bank of Commerce | Financial Services | $2.16B | 75 | 52 bp | -3 bp | 4.75% | 512 | +31 | n/a, financial |
| ABBV AbbVie Inc. | Healthcare | $2.06B | 37 | 75 bp | +18 bp | 5.32% | 633 | -62 | safer than 84% of companies |
| NEE NextEra Energy, Inc. | Utilities | $2.03B | 75 | 85 bp | +19 bp | 5.38% | 965 | +71 | safer than 76% of companies |
| AVGO Broadcom Inc. | Technology | $2.00B | 40 | 96 bp | +37 bp | 5.36% | 731 | -78 | safer than 76% of companies |
| GOOGL Alphabet Inc. | Communication Services | $1.93B | 60 | 72 bp | +25 bp | 5.19% | 626 | -70 | safer than 91% of companies |
| NAB.AX National Australia Bank Limited | Financial Services | $1.93B | 77 | 36 bp | +7 bp | 4.67% | 251 | +24 | n/a, financial |
| WBC.AX Westpac Banking Corporation | Financial Services | $1.91B | 74 | 31 bp | +4 bp | 4.54% | 357 | +17 | n/a, financial |
| USB U.S. Bancorp | Financial Services | $1.91B | 34 | 66 bp | +6 bp | 4.99% | 701 | +8 | n/a, financial |
| SMFG Sumitomo Mitsui Financial Group, Inc. | Financial Services | $1.87B | 68 | 82 bp | +10 bp | 5.15% | 517 | +24 | n/a, financial |
| CVS CVS Health Corp. | Healthcare | $1.86B | 47 | 113 bp | +12 bp | 5.81% | 970 | -1 | safer than 59% of companies |
| BMO Bank of Montreal | Financial Services | $1.81B | 76 | 49 bp | +2 bp | 4.67% | 574 | +62 | n/a, financial |
| DB Deutsche Bank AG | Financial Services | $1.78B | 66 | 92 bp | +9 bp | 5.25% | 701 | +6 | n/a, financial |
| BNS The Bank of Nova Scotia | Financial Services | $1.74B | 68 | 59 bp | +7 bp | 4.92% | 572 | +5 | n/a, financial |
| HCA HCA Healthcare, Inc. | Healthcare | $1.74B | 37 | 102 bp | +15 bp | 5.51% | 846 | -45 | safer than 60% of companies |
| AER AerCap Holdings N.V. | Industrials | $1.65B | 25 | 90 bp | +17 bp | 5.20% | 782 | -25 | safer than 51% of companies |
| DUK Duke Energy Corporation | Utilities | $1.64B | 109 | 93 bp | +18 bp | 5.61% | 866 | -14 | safer than 82% of companies |
| 7201.T Nissan Motor Co., Ltd. | Consumer Cyclical | $1.64B | 24 | 248 bp | +28 bp | 6.78% | 499 | +7 | safer than 7% of companies |
| GLE.PA Société Générale S.A. | Financial Services | $1.63B | 90 | 136 bp | +13 bp | 5.91% | 575 | +39 | n/a, financial |
| NRG NRG Energy, Inc. | Utilities | $1.63B | 20 | 140 bp | +19 bp | 5.74% | 790 | +41 | safer than 26% of companies |
| INTC.TO Intel Corporation | Technology | $1.59B | 40 | 123 bp | +29 bp | 5.92% | 624 | +72 | safer than 35% of companies |
| SUN Sunoco LP | Energy | $1.58B | 17 | 168 bp | -7 bp | 6.11% | 686 | -6 | safer than 55% of companies |
| ACA.PA Crédit Agricole S.A. | Financial Services | $1.58B | 77 | 92 bp | +3 bp | 5.29% | 449 | +2 | n/a, financial |
| COF Capital One Financial Corporation | Financial Services | $1.58B | 30 | 91 bp | +4 bp | 5.27% | 721 | -25 | n/a, financial |
| MUFG Mitsubishi UFJ Financial Group, Inc. | Financial Services | $1.58B | 62 | 73 bp | +8 bp | 5.02% | 505 | +74 | n/a, financial |
| ENB Enbridge Inc. | Energy | $1.55B | 65 | 95 bp | +15 bp | 5.44% | 772 | -13 | safer than 80% of companies |
| VST Vistra Corp. | Utilities | $1.54B | 22 | 132 bp | +21 bp | 5.84% | 908 | +20 | safer than 38% of companies |
| SATS EchoStar Corporation PIK | Communication Services | $1.53B | 5 | 363 bp | -20 bp | 7.90% | 432 | -11 | — |
| NVDA NVIDIA Corporation | Technology | $1.53B | 14 | 75 bp | +33 bp | 5.14% | 385 | +234 | safer than 92% of companies |
| CBA.AX Commonwealth Bank of Australia | Financial Services | $1.52B | 68 | 57 bp | +14 bp | 4.97% | 230 | -5 | n/a, financial |
| D Dominion Energy, Inc. | Utilities | $1.52B | 63 | 105 bp | +23 bp | 5.82% | 819 | +29 | safer than 73% of companies |
| ANZ.AX ANZ Group Holdings Limited | Financial Services | $1.52B | 66 | 33 bp | -2 bp | 4.58% | 209 | -17 | n/a, financial |
| UNH UnitedHealth Group Incorporated | Healthcare | $1.52B | 63 | 89 bp | +18 bp | 5.56% | 566 | -38 | safer than 67% of companies |
| TMUS T-Mobile US, Inc. | Communication Services | $1.51B | 38 | 100 bp | +23 bp | 5.49% | 783 | -35 | safer than 56% of companies |
| SO The Southern Company | Utilities | $1.50B | 61 | 90 bp | +16 bp | 5.40% | 808 | +11 | safer than 82% of companies |
| LYG Lloyds Banking Group plc | Financial Services | $1.46B | 57 | 100 bp | +15 bp | 5.54% | 585 | -45 | n/a, financial |
| TFC Truist Financial Corporation | Financial Services | $1.44B | 33 | 75 bp | +8 bp | 5.09% | 684 | -17 | n/a, financial |
| THC Tenet Healthcare Corporation | Healthcare | $1.43B | 10 | 131 bp | +6 bp | 5.65% | 520 | -15 | safer than 42% of companies |
| SCHW The Charles Schwab Corporation | Financial Services | $1.41B | 27 | 60 bp | +11 bp | 4.92% | 580 | +24 | n/a, financial |
| BK The Bank of New York Mellon Corporation | Financial Services | $1.41B | 48 | 51 bp | +6 bp | 4.76% | 541 | -25 | — |
| AXP American Express Company | Financial Services | $1.38B | 41 | 72 bp | +6 bp | 5.09% | 676 | -35 | n/a, financial |
| CE Celanese Corporation | Basic Materials | $1.38B | 13 | 121 bp | +1 bp | 5.69% | 527 | -32 | safer than 18% of companies |
| ABT Abbott Laboratories | Healthcare | $1.35B | 17 | 73 bp | +15 bp | 5.36% | 411 | -21 | safer than 80% of companies |
| MRK Merck & Co., Inc. | Healthcare | $1.33B | 48 | 62 bp | +11 bp | 5.19% | 448 | +2 | safer than 80% of companies |
| CRM Salesforce, Inc. | Technology | $1.32B | 14 | 95 bp | +16 bp | 5.34% | 558 | -2 | safer than 54% of companies |
| AMGN Amgen Inc. | Healthcare | $1.31B | 40 | 95 bp | +19 bp | 5.77% | 639 | -15 | safer than 73% of companies |
| ING ING Groep N.V. | Financial Services | $1.30B | 56 | 99 bp | +13 bp | 5.50% | 500 | -27 | n/a, financial |
| LLY Eli Lilly and Company | Healthcare | $1.28B | 52 | 58 bp | +14 bp | 5.12% | 465 | +66 | safer than 84% of companies |
| SPCX Space Exploration Technologies Corp. | Industrials | $1.28B | 5 | 219 bp | +69 bp | 6.79% | 506 | +506 | safer than 9% of companies |
| RKT Rocket Companies, Inc. | Financial Services | $1.28B | 9 | 168 bp | +25 bp | 6.01% | 596 | +33 | n/a, financial |
| CS Credit Suisse Group AG default flag | Financial Services | $1.25B | 38 | 100 bp | +15 bp | 5.52% | 546 | -30 | — |
| OMF OneMain Holdings, Inc. | Financial Services | $1.24B | 14 | 246 bp | +3 bp | 6.75% | 562 | -7 | n/a, financial |
| CRWV CoreWeave, Inc. | Technology | $1.22B | 9 | 774 bp | +241 bp | 12.14% | 557 | +83 | safer than 8% of companies |
| AMT American Tower Corporation | Real Estate | $1.19B | 43 | 77 bp | +15 bp | 5.07% | 588 | -25 | n/a, financial |
| WBD Warner Bros. Discovery, Inc. | Communication Services | $1.19B | 23 | 344 bp | +7 bp | 7.69% | 608 | -22 | safer than 72% of companies |
| CMCSV Comcast Corporation Class A Common Stock Ex-Distribution When Issued | Communication Services | $1.17B | 67 | 144 bp | +28 bp | 6.13% | 510 | -37 | — |
| IRM Iron Mountain Incorporated | Real Estate | $1.17B | 13 | 160 bp | +18 bp | 5.90% | 555 | +42 | n/a, financial |
| AEP American Electric Power Company, Inc. | Utilities | $1.15B | 56 | 96 bp | +19 bp | 5.57% | 810 | +12 | safer than 78% of companies |
| PFE Pfizer Inc. | Healthcare | $1.15B | 36 | 76 bp | +16 bp | 5.37% | 485 | -31 | safer than 82% of companies |
| HONAV Honeywell Aerospace Inc. Common Stock When Issued | Industrials | $1.14B | 9 | 77 bp | +16 bp | 5.20% | 495 | +84 | — |
| VIAC Paramount Global | Communication Services | $1.13B | 20 | 374 bp | +35 bp | 8.53% | 485 | -12 | — |
| WDC Western Digital Corporation | Technology | $1.13B | 1 | — | — | — | 56 | -7 | safer than 56% of companies |
| OKE ONEOK, Inc. | Energy | $1.13B | 47 | 117 bp | +16 bp | 5.75% | 678 | -17 | safer than 66% of companies |
| QSR Restaurant Brands International Inc. | Consumer Cyclical | $1.11B | 6 | 127 bp | +7 bp | 5.48% | 396 | +6 | safer than 73% of companies |
| ABN.AS ABN AMRO Bank N.V. | Financial Services | $1.11B | 59 | 61 bp | -0 bp | 4.89% | 244 | -22 | n/a, financial |
| ANTM Elevance Health Inc. | Healthcare | $1.08B | 37 | 107 bp | +22 bp | 5.64% | 431 | -45 | — |
| JPM-PC JPMorgan Chase & Co | Financial Services | $1.06B | 8 | 106 bp | -21 bp | 5.60% | 277 | +130 | n/a, financial |
| NWG NatWest Group plc | Financial Services | $1.06B | 44 | 93 bp | +8 bp | 5.19% | 545 | -16 | n/a, financial |
| EIX Edison International | Utilities | $1.05B | 50 | 120 bp | +12 bp | 5.60% | 669 | +22 | safer than 31% of companies |
| CNC Centene Corp. | Healthcare | $1.05B | 7 | 140 bp | +7 bp | 5.73% | 553 | +24 | safer than 39% of companies |
| CABK.MC CaixaBank, S.A. | Financial Services | $1.04B | 38 | 106 bp | +7 bp | 5.48% | 373 | +25 | n/a, financial |
| HLT Hilton Worldwide Holdings Inc. | Consumer Cyclical | $1.03B | 11 | 133 bp | +8 bp | 5.68% | 465 | +22 | safer than 85% of companies |
| DELL Dell Technologies Inc. | Technology | $1.01B | 25 | 88 bp | +18 bp | 5.29% | 577 | +38 | safer than 33% of companies |
| TEVA Teva Pharmaceutical Industries Limited | Healthcare | $987.7M | 13 | 124 bp | +21 bp | 5.58% | 394 | -3 | safer than 53% of companies |
Reading this table. Spreads and yields are medians across each issuer's US-dollar bonds with 1–30 years left, priced from fund marks (fund-reported, as of Jul 2026). Fund holders counts fund series in their latest quarterly report; the change compares the same window a quarter earlier. Distance-to-default is a stock-market measure (Merton model), shown as a percentile: "safer than 70% of companies" means 70% of companies have a shorter distance to default. Banks, insurers, BDCs and REITs show n/a because the model misreads leverage that is their business.
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.