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 |
|---|---|---|---|---|---|---|---|---|---|
| DAL Delta Air Lines, Inc. | Industrials | $386.9M | 7 | 62 bp | -4 bp | 4.85% | 335 | -13 | safer than 55% of companies |
| ENGI.PA Engie S.A. | Utilities | $385.6M | 47 | 86 bp | +16 bp | 5.36% | 127 | +16 | safer than 29% of companies |
| MKSI MKS Inc. | Technology | $385.4M | 3 | — | — | — | 158 | +6 | safer than 30% of companies |
| LHX L3Harris Technologies, Inc. | Industrials | $383.7M | 15 | 84 bp | +16 bp | 5.30% | 327 | -5 | safer than 75% of companies |
| HESM Hess Midstream LP | Energy | $382.5M | 5 | 131 bp | -6 bp | 5.58% | 325 | -7 | safer than 67% of companies |
| LITE Lumentum Holdings Inc. | Technology | $382.4M | 3 | — | — | — | 92 | +12 | safer than 32% of companies |
| GEL Genesis Energy, L.P. | Energy | $381.4M | 5 | 279 bp | -13 bp | 7.17% | 310 | -13 | safer than 49% of companies |
| MTDR Matador Resources Company | Energy | $381.1M | 3 | 210 bp | +6 bp | 6.55% | 309 | -27 | safer than 46% of companies |
| ETR Entergy Corporation | Utilities | $381.0M | 18 | 96 bp | +18 bp | 5.55% | 434 | -11 | safer than 76% of companies |
| SYF Synchrony Financial | Financial Services | $380.4M | 14 | 123 bp | +1 bp | 5.54% | 460 | +24 | n/a, financial |
| SNY Sanofi | Healthcare | $378.9M | 20 | 24 bp | +1 bp | 4.43% | 102 | -5 | safer than 81% of companies |
| HPP Hudson Pacific Properties, Inc. | Real Estate | $377.3M | 4 | 265 bp | +10 bp | 6.85% | 182 | +17 | n/a, financial |
| RCL Royal Caribbean Cruises Ltd. | Consumer Cyclical | $376.8M | 10 | 121 bp | +16 bp | 5.55% | 517 | -17 | safer than 45% of companies |
| AJG Arthur J. Gallagher & Co. | Financial Services | $376.1M | 14 | 103 bp | +16 bp | 5.54% | 356 | -6 | n/a, financial |
| BWXT BWX Technologies, Inc. | Industrials | $374.5M | 3 | 139 bp | +29 bp | 5.61% | 210 | -9 | safer than 59% of companies |
| GFNORTEO.MX Grupo Financiero Banorte, S.A.B. de C.V. | Financial Services | $372.8M | 16 | 356 bp | +0 bp | 7.78% | 194 | +41 | n/a, financial |
| FCNCP First Citizens BancShares, Inc. | Financial Services | $372.7M | 8 | 125 bp | +6 bp | 5.62% | 302 | +52 | n/a, financial |
| CORZ Core Scientific, Inc. | Technology | $371.4M | 1 | 395 bp | +76 bp | 8.27% | 286 | +203 | safer than 14% of companies |
| IREN IREN Limited | Technology | $369.7M | 6 | — | — | — | 97 | +32 | safer than 8% of companies |
| FOUR Shift4 Payments, Inc. | Technology | $369.6M | 4 | 232 bp | -11 bp | 6.72% | 296 | -12 | safer than 16% of companies |
| HII Huntington Ingalls Industries, Inc. | Industrials | $367.0M | 5 | 77 bp | +11 bp | 5.04% | 211 | -10 | safer than 61% of companies |
| CMC Commercial Metals Company | Basic Materials | $364.3M | 5 | 136 bp | +13 bp | 5.73% | 333 | +10 | safer than 53% of companies |
| APLD Applied Digital Corp. | Technology | $363.9M | 2 | 322 bp | +27 bp | 7.53% | 331 | +47 | safer than 8% of companies |
| KW Kennedy-Wilson Holdings, Inc. | Real Estate | $363.5M | 2 | 239 bp | +1 bp | 6.77% | 170 | +25 | — |
| FMC FMC Corporation | Basic Materials | $363.3M | 6 | 304 bp | -3 bp | 7.78% | 353 | +92 | safer than 6% of companies |
| COR Cencora, Inc. | Healthcare | $362.8M | 16 | 72 bp | +7 bp | 5.09% | 313 | -12 | safer than 74% of companies |
| SBAC SBA Communications Corporation | Real Estate | $359.3M | 6 | 90 bp | +12 bp | 5.19% | 225 | -1 | n/a, financial |
| FICO Fair Isaac Corporation | Technology | $359.0M | 3 | 214 bp | +19 bp | 6.59% | 341 | +4 | safer than 27% of companies |
| GLPI Gaming and Leisure Properties, Inc. | Real Estate | $359.0M | 11 | 147 bp | +19 bp | 5.90% | 435 | -26 | n/a, financial |
| BBWI Bath & Body Works, Inc. | Consumer Cyclical | $358.4M | 7 | 231 bp | +6 bp | 6.91% | 284 | +16 | safer than 51% of companies |
| U11.SI United Overseas Bank Limited | Financial Services | $357.7M | 18 | -34 bp | +173 bp | 4.07% | 70 | -4 | n/a, financial |
| PEP PepsiCo, Inc. | Consumer Defensive | $354.2M | 56 | 56 bp | +8 bp | 5.08% | 262 | +1 | safer than 84% of companies |
| AKRBP.OL Aker BP ASA | Energy | $353.6M | 10 | 103 bp | +13 bp | 5.42% | 189 | -6 | safer than 63% of companies |
| SCI Service Corporation International | Consumer Cyclical | $351.2M | 6 | 120 bp | +4 bp | 5.50% | 227 | -8 | safer than 74% of companies |
| BYD Boyd Gaming Corporation | Consumer Cyclical | $347.9M | 2 | 127 bp | +10 bp | 5.48% | 165 | -4 | safer than 69% of companies |
| ARE Alexandria Real Estate Equities, Inc. | Real Estate | $347.0M | 22 | 112 bp | +19 bp | 5.76% | 294 | -30 | n/a, financial |
| ACN Accenture plc | Technology | $346.2M | 9 | 75 bp | +27 bp | 5.08% | 198 | +38 | safer than 64% of companies |
| XONA.DE Exxon Mobil Corporation | Energy | $346.1M | 15 | 77 bp | +16 bp | 5.69% | 203 | -7 | — |
| H Hyatt Hotels Corporation | Consumer Cyclical | $345.3M | 9 | 91 bp | +9 bp | 5.23% | 287 | +2 | safer than 65% of companies |
| RPRX Royalty Pharma plc | Healthcare | $344.1M | 12 | 99 bp | +11 bp | 5.53% | 346 | -10 | safer than 80% of companies |
| UNP Union Pacific Corporation | Industrials | $342.7M | 43 | 89 bp | +20 bp | 5.86% | 292 | -14 | safer than 87% of companies |
| SYK Stryker Corporation | Healthcare | $342.4M | 21 | 66 bp | +13 bp | 5.06% | 263 | +1 | safer than 80% of companies |
| BA.L BAE Systems plc | Industrials | $342.1M | 9 | 74 bp | +15 bp | 5.15% | 212 | -9 | safer than 71% of companies |
| AMH American Homes 4 Rent | Real Estate | $340.2M | 10 | 99 bp | +14 bp | 5.45% | 311 | -1 | n/a, financial |
| CAH Cardinal Health, Inc. | Healthcare | $337.7M | 13 | 93 bp | +16 bp | 5.47% | 247 | -13 | safer than 79% of companies |
| PYPL PayPal Holdings, Inc. | Financial Services | $337.2M | 16 | 84 bp | +3 bp | 5.33% | 230 | +27 | n/a, financial |
| NE Noble Corporation Plc | Energy | $336.8M | 2 | 244 bp | -1 bp | 6.83% | 234 | +22 | safer than 57% of companies |
| CP Canadian Pacific Kansas City Ltd. | Industrials | $335.6M | 29 | 89 bp | +22 bp | 5.53% | 339 | -30 | safer than 84% of companies |
| BHP BHP Group Limited | Basic Materials | $335.1M | 13 | 72 bp | +15 bp | 5.17% | 210 | -12 | safer than 76% of companies |
| TSN Tyson Foods, Inc. | Consumer Defensive | $332.7M | 9 | 100 bp | +12 bp | 5.55% | 236 | -6 | safer than 70% of companies |
| BLL Ball Corporation | Consumer Cyclical | $331.4M | 5 | 118 bp | +12 bp | 5.51% | 245 | +2 | — |
| AEE Ameren Corporation | Utilities | $328.0M | 7 | 70 bp | +10 bp | 5.01% | 245 | -1 | safer than 81% of companies |
| MPC Marathon Petroleum Corporation | Energy | $327.3M | 9 | 120 bp | +16 bp | 6.13% | 223 | -6 | safer than 64% of companies |
| BDXA Becton, Dickinson and Company | Healthcare | $326.7M | 12 | 71 bp | +9 bp | 5.11% | 266 | -19 | — |
| LVS Las Vegas Sands Corp. | Consumer Cyclical | $326.2M | 8 | 116 bp | +14 bp | 5.45% | 399 | +39 | safer than 53% of companies |
| AXL American Axle & Manufacturing Holdings, Inc. | Consumer Cyclical | $326.2M | 4 | 237 bp | +7 bp | 6.67% | 354 | -5 | — |
| GFLU GFL Environmental Inc. | Industrials | $326.1M | 9 | 147 bp | +29 bp | 5.73% | 296 | -7 | — |
| WES Western Midstream Partners, LP | Energy | $325.9M | 13 | 122 bp | +9 bp | 5.74% | 474 | +5 | safer than 81% of companies |
| EVRG Evergy, Inc. | Utilities | $325.7M | 15 | 82 bp | +16 bp | 5.29% | 383 | +27 | safer than 82% of companies |
| CMS CMS Energy Corporation | Utilities | $325.2M | 9 | 70 bp | +7 bp | 5.00% | 343 | -22 | safer than 80% of companies |
| ETSY Etsy, Inc. | Consumer Cyclical | $324.1M | 4 | — | — | — | 68 | +17 | safer than 36% of companies |
| GPK Graphic Packaging Holding Company | Consumer Cyclical | $323.6M | 5 | 154 bp | +17 bp | 5.80% | 221 | -43 | safer than 22% of companies |
| ENR Energizer Holdings, Inc. | Industrials | $322.2M | 5 | 163 bp | +14 bp | 5.88% | 224 | +1 | safer than 23% of companies |
| DASH DoorDash, Inc. | Communication Services | $322.2M | 1 | — | — | — | 83 | +13 | safer than 74% of companies |
| MSTR Strategy Inc | Technology | $319.8M | 6 | — | — | — | 69 | +4 | safer than 30% of companies |
| HHC The Howard Hughes Corporation | Real Estate | $319.5M | 4 | 186 bp | +21 bp | 6.20% | 198 | +2 | — |
| NEP NextEra Energy Partners, LP | Utilities | $316.0M | 2 | 155 bp | +12 bp | 5.70% | 211 | -43 | — |
| MDLZ Mondelez International, Inc. | Consumer Defensive | $315.7M | 19 | 61 bp | +12 bp | 4.92% | 230 | -1 | safer than 81% of companies |
| LAD Lithia Motors, Inc. | Consumer Cyclical | $314.8M | 4 | 129 bp | -10 bp | 5.57% | 285 | -10 | safer than 28% of companies |
| WAT Waters Corporation | Healthcare | $314.4M | 4 | 79 bp | +10 bp | 5.17% | 260 | +97 | safer than 76% of companies |
| CAT Caterpillar Inc. | Industrials | $311.9M | 28 | 43 bp | +8 bp | 4.74% | 246 | +4 | safer than 64% of companies |
| KO The Coca-Cola Company | Consumer Defensive | $310.8M | 37 | 37 bp | +10 bp | 4.88% | 203 | -10 | safer than 92% of companies |
| BBIO BridgeBio Pharma, Inc. | Healthcare | $309.3M | 4 | — | — | — | 77 | +0 | safer than 52% of companies |
| PNW Pinnacle West Capital Corporation | Utilities | $309.1M | 15 | 94 bp | +11 bp | 5.53% | 332 | +4 | safer than 80% of companies |
| BDN Brandywine Realty Trust | Real Estate | $308.9M | 4 | 256 bp | +10 bp | 6.82% | 175 | -5 | n/a, financial |
| MCD McDonald's Corporation | Consumer Cyclical | $308.9M | 53 | 80 bp | +20 bp | 5.40% | 326 | -20 | safer than 89% of companies |
| MEOH Methanex Corporation | Basic Materials | $308.4M | 4 | 146 bp | -4 bp | 5.78% | 181 | -11 | safer than 35% of companies |
| SEE Sealed Air Corporation | Consumer Cyclical | $307.9M | 3 | 336 bp | +10 bp | 7.80% | 263 | -29 | — |
| OHI Omega Healthcare Investors, Inc. | Real Estate | $307.4M | 6 | 106 bp | +18 bp | 5.35% | 247 | -6 | n/a, financial |
| KEY KeyCorp | Financial Services | $306.3M | 12 | 76 bp | +4 bp | 5.12% | 358 | -24 | n/a, financial |
| STX Seagate Technology Holdings plc | Technology | $306.1M | 9 | 138 bp | -71 bp | 5.91% | 343 | -32 | safer than 54% of companies |
| VTRS Viatris Inc. | Healthcare | $302.8M | 11 | 178 bp | +12 bp | 6.89% | 306 | +14 | safer than 54% of companies |
| GMAB Genmab A/S | Healthcare | $301.5M | 2 | 194 bp | +7 bp | 6.39% | 241 | -17 | safer than 68% of companies |
| ZTS Zoetis Inc. | Healthcare | $301.2M | 11 | 81 bp | +15 bp | 5.30% | 308 | -19 | safer than 57% of companies |
| VSAT Viasat, Inc. | Technology | $300.9M | 3 | 293 bp | +17 bp | 7.20% | 170 | +6 | safer than 13% of companies |
| BHC Bausch Health Companies Inc. | Healthcare | $300.9M | 10 | 1261 bp | -23 bp | 16.86% | 287 | -9 | safer than 13% of companies |
| AZN AstraZeneca PLC | Healthcare | $298.6M | 24 | 60 bp | +15 bp | 5.03% | 249 | -14 | safer than 79% of companies |
| 4755.T Rakuten Group, Inc. | Consumer Cyclical | $298.3M | 9 | 310 bp | +47 bp | 7.37% | 185 | -13 | safer than 11% of companies |
| LMT Lockheed Martin Corporation | Industrials | $296.4M | 29 | 63 bp | +14 bp | 5.16% | 280 | -17 | safer than 81% of companies |
| AMCR Amcor plc | Consumer Cyclical | $296.4M | 8 | 76 bp | +9 bp | 5.08% | 281 | -6 | safer than 56% of companies |
| AA Alcoa Corporation | Basic Materials | $294.9M | 4 | 171 bp | +9 bp | 6.05% | 181 | -18 | safer than 33% of companies |
| AZO AutoZone, Inc. | Consumer Cyclical | $294.3M | 14 | 74 bp | +14 bp | 5.05% | 268 | -21 | safer than 77% of companies |
| USAC USA Compression Partners, LP | Energy | $294.0M | 2 | 202 bp | +0 bp | 6.38% | 258 | -12 | safer than 61% of companies |
| WYNN Wynn Resorts, Limited | Consumer Cyclical | $293.6M | 3 | 160 bp | +10 bp | 5.91% | 248 | -5 | safer than 44% of companies |
| MSI Motorola Solutions, Inc. | Technology | $292.9M | 11 | 81 bp | +15 bp | 5.13% | 289 | -11 | safer than 86% of companies |
| ROP Roper Technologies, Inc. | Technology | $291.9M | 12 | 72 bp | +10 bp | 5.02% | 351 | -14 | safer than 71% of companies |
| RRX Regal Rexnord Corporation | Industrials | $291.7M | 3 | 96 bp | +16 bp | 5.24% | 276 | +7 | safer than 36% of companies |
| LNT Alliant Energy Corporation | Utilities | $291.2M | 14 | 67 bp | +7 bp | 5.07% | 312 | +7 | safer than 83% of companies |
| DOC Healthpeak Properties, Inc. | Real Estate | $289.6M | 12 | 80 bp | +8 bp | 5.13% | 284 | -8 | n/a, financial |
| MC.PA LVMH Moët Hennessy - Louis Vuitton, Société Européenne | Consumer Cyclical | $288.1M | 12 | — | — | — | 22 | -3 | safer than 79% 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.