US63938CAN83 · Corp · USD

Navient Corp 9.38% 2030/07

Navient CorpUnited StatesGLOBALSenior Unsecured
MID PRICE
103.76
par = 100
YIELD TO MAT.
8.30%
semi-annual
COUPON
9.380%
semi-annual · fixed
MATURITY
2030-07-25
bullet · 4.22y
OUTSTANDING
not disclosed
AS OF
2026-05-01
Fund disclosure

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About this bond

AI BRIEF · GROUNDED IN STRUCTURED DATA
About the issuer

Navient Corporation is an American financial services company and former student loan servicer based in Wilmington, Delaware. The company was formed in 2014 by the split of Sallie Mae into two distinct entities: Sallie Mae Bank and Navient. The company employs 4,500 people at offices across the US. In 2018, Navient serviced a quarter of all student loans in the United States. In 2024, the company was barred from servicing federal student loans.

Source: Wikipedia →

Risk analytics

SEMI-ANNUAL · BULLET · PAR 100
Modified duration
3.37 y
1bp ↑ ≈ -0.034% P&L
Convexity
14.40
higher = more curvature
Years to maturity
4.22 y
YTM source
Ingested
Fund disclosure
Market signals · funds disclosing this bond
SignalCategoryExposureLast moveWeightAs of
iShares Broad USD High Yield Corporate Bond
iShares
US HY Corporate (Broad)$9.4M▲ $157K0.04%2026-05-01
iShares iBoxx $ High Yield Corporate Bond
iShares
US HY Corporate$7.1M▲ $80K0.04%2026-05-01
iShares 0-5 Year High Yield Corporate Bond
iShares
US HY Corporate 0-5Y$4.7M▲ $2K0.06%2026-05-01
SPDR Portfolio High Yield Bond
SPDR
US HY Corporate Broad$3.4M▼ $15K0.03%2026-04-30
SPDR Blackstone Senior Loan
SPDR
US Senior Loans$2.9M▼ $13K0.06%2026-04-30
SPDR Bloomberg Short Term High Yield Bond
SPDR
US HY Corporate Short$2.3M▼ $10K0.05%2026-04-30
SPDR Bloomberg High Yield Bond
SPDR
US HY Corporate$2.1M▲ $147K0.03%2026-04-30
iShares iBonds 2030 Term High Yield and Income
iShares
iBonds 2030 HY$306K▲ $13K0.22%2026-04-30
iShares ESG Advanced High Yield Corporate Bond
iShares
US ESG Advanced HY$218K▲ $2000.11%2026-05-01
iShares Interest Rate Hedged High Yield Bond
iShares
US IR Hedged HY$195K▲ $5K0.04%2026-05-01
iShares Core 1-5 Year USD Bond
iShares
US Short-Term Core$133K▲ $1220.00%2026-05-01
iShares Global High Yield Corporate Bond
iShares
Global HY Corporate$74K▲ $330.04%2026-05-01
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Price history

Sherpa Signal

AS OF 2026-05-01

Institutional footprint · signal-level holdings

41/ 100Active coverage
Interpretation. Light institutional footprint, with net distribution
HOLDERS
12
▼ 5 signals in 7d
AGGREGATE EXPOSURE
$32.7M
USD across all
TOP CONCENTRATION
28.7%
largest holder
FLOW
▼ $12.1M
▼ 5 signals in 7d

Sherpa Signal is derived from a panel of tracked institutional portfolios. Names of individual holders are not disclosed.

100K PAR NOTIONAL · MARKET VALUE
103,760 USD
PRICE
103.76

RFQ routing · coming soon

Security details

VIA OPENFIGI
Canonical
NAVI 9 3/8 07/25/30
FIGI
BBG01GHMTJP6
CUSIP
63938CAN8
ISIN
US63938CAN83
Type
Corp
Issued
2023-05-04
Face value
100 USD
Ticker
NAVI 9.375 07/25/30
Sec. type
GLOBAL
Seniority
Senior Unsecured

Issuer curve

NAVI · 9 PTS

Yield (%) plotted against years-to-maturity. This bond highlighted in amber.