US666807BJ01 · Corp · USD

Northrop Grumman Corp 3.85% 2045/04

MID PRICE
78.55
par = 100
YIELD TO MAT.
5.73%
semi-annual
COUPON
3.850%
semi-annual · fixed
MATURITY
2045-04-15
bullet · 18.95y
OUTSTANDING
not disclosed
AS OF
2026-04-30
Fund disclosure

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About this bond

AI BRIEF · GROUNDED IN STRUCTURED DATA
About the issuer

Northrop Grumman Corporation, headquartered in West Falls Church, Virginia, is an American aerospace and defense company that designs and manufactures systems for aeronautics, defense, missions, and space. The company is the 5th largest contractor of the U.S. federal government; it receives over 2% of total spending by the federal government of the United States on contractors.

Source: Wikipedia →

Risk analytics

SEMI-ANNUAL · BULLET · PAR 100
Modified duration
12.44 y
1bp ↑ ≈ -0.124% P&L
Convexity
203.52
higher = more curvature
Years to maturity
18.95 y
YTM source
Ingested
Fund disclosure
Market signals · funds disclosing this bond
SignalCategoryExposureLast moveWeightAs of
Vanguard Total Bond Market
Vanguard
US Aggregate$8.6M0.00%2026-03-31
iShares Core U.S. Aggregate Bond
iShares
US Aggregate$2.1M▲ $1640.00%2026-04-30
iShares Broad USD Investment Grade Corporate Bond
iShares
US Broad IG Corporate$871K▲ $8970.01%2026-04-30
Vanguard Long-Term Bond
Vanguard
US Aggregate Long$527K0.01%2026-03-31
SPDR Portfolio Aggregate Bond
SPDR
US Aggregate$157K▼ $100.00%2026-04-30
SPDR Portfolio Long Term Corporate Bond
SPDR
US IG Corporate Long$151K▼ $100.01%2026-04-30
Vanguard Long-Term Corporate Bond
Vanguard
US Corporate Long$149K0.00%2026-03-31
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Price history

Sherpa Signal

AS OF 2026-04-30

Institutional footprint · signal-level holdings

36/ 100Early footprint
Interpretation. Light institutional footprint, holding
HOLDERS
7
unchanged in 7d
AGGREGATE EXPOSURE
$12.6M
USD across all
TOP CONCENTRATION
68.2%
largest holder
FLOW
▼ $38K
unchanged 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
78,554 USD
PRICE
78.55

RFQ routing · coming soon

Security details

VIA OPENFIGI
Canonical
NOC 3.85 04/15/45
FIGI
BBG0081ZB5B7
CUSIP
666807BJ0
ISIN
US666807BJ01
Type
Corp
Issued
2015-02-06
Face value
100 USD
Ticker
NOC 3.85 04/15/45
Sec. type
GLOBAL
Seniority
Senior Unsecured

Issuer curve

NOC · 10 PTS

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