US855244BN88 · Corp · USD

Starbucks Corporation 4.50% 2028/05

MID PRICE
102.35
par = 100
YIELD TO MAT.
4.36%
semi-annual
COUPON
4.500%
semi-annual · fixed
MATURITY
2028-05-15
bullet · 2.03y
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

Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. It was founded in 1971 by Jerry Baldwin, Zev Siegl, and Gordon Bowker at Seattle's Pike Place Market initially as a coffee bean wholesaler. Starbucks was converted into a coffee shop serving espresso-based drinks under the ownership of Howard Schultz, who was chief executive officer from 1986 to 2000 and led the aggressive expansion of the franchise across the West Coast of the United States.

Source: Wikipedia →

Risk analytics

SEMI-ANNUAL · BULLET · PAR 100
Modified duration
1.88 y
1bp ↑ ≈ -0.019% P&L
Convexity
4.60
higher = more curvature
Years to maturity
2.03 y
YTM source
Ingested
Fund disclosure
Market signals · funds disclosing this bond
SignalCategoryExposureLast moveWeightAs of
Vanguard Short-Term Corporate Bond
Vanguard
US Corporate Short$25.9M0.05%2026-03-31
Vanguard Total Bond Market
Vanguard
US Aggregate$7.2M0.00%2026-03-31
SPDR Portfolio Short Term Corporate Bond
SPDR
US IG Corporate Short$6.2M▲ $4K0.06%2026-04-30
iShares 1-5 Year Investment Grade Corporate Bond
iShares
US IG Corporate 1-5Y$5.4M▼ $9820.02%2026-05-01
iShares iBonds Dec 2028 Term Corporate
iShares
iBonds 2028 Corporate$5.3M▲ $4K0.14%2026-04-30
Vanguard Short-Term Bond
Vanguard
US Aggregate Short$4.2M0.01%2026-03-31
iShares Core U.S. Aggregate Bond
iShares
US Aggregate$3.1M▼ $8190.00%2026-05-01
SPDR Portfolio Intermediate Term Corporate Bond
SPDR
US IG Corporate Intermediate$1.9M▲ $1K0.02%2026-04-30
iShares Broad USD Investment Grade Corporate Bond
iShares
US Broad IG Corporate$1.6M▼ $2550.01%2026-05-01
Vanguard Ultra-Short Bond
Vanguard
US Aggregate Ultra Short Active$1.0M0.01%2026-03-31
SPDR Portfolio Corporate Bond
SPDR
US IG Corporate$663K▲ $4030.03%2026-04-30
SPDR Portfolio Aggregate Bond
SPDR
US Aggregate$326K▲ $161K0.00%2026-04-30
iShares Core 1-5 Year USD Bond
iShares
US Short-Term Core$82K▼ $210.00%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
13
▼ 5 signals in 7d
AGGREGATE EXPOSURE
$62.9M
USD across all
TOP CONCENTRATION
41.2%
largest holder
FLOW
▼ $13.5M
▼ 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
102,353 USD
PRICE
102.35

RFQ routing · coming soon

Security details

VIA OPENFIGI
Canonical
SBUX 4 1/2 05/15/28
FIGI
BBG01TVRVVZ0
CUSIP
855244BN8
ISIN
US855244BN88
Type
Corp
Issued
2025-05-08
Face value
100 USD
Ticker
SBUX 4.5 05/15/28
Sec. type
GLOBAL
Seniority
Senior Unsecured

Issuer curve

SBUX · 10 PTS

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