SherpaBonds
US87612GAN16 · Corp · USD

Targa Resources Corp 6.13% 2055/05

Targa Resources CorpUnited StatesGLOBALSenior Unsecured
SHARE
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MID PRICE
101.41
par = 100
YIELD TO MAT.
6.23%
semi-annual
COUPON
6.130%
semi-annual · fixed
MATURITY
2055-05-15
bullet · 29.02y
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

Targa Resources Corp. is a Fortune 500 company based in Houston, Texas. Targa, a midstream energy infrastructure corporation, is one of the largest infrastructure companies delivering natural gas and natural gas liquids in the United States. Their operations are based largely, though not entirely, on the Gulf Coast, particularly in Texas and Louisiana. Matthew J. Meloy has been Chief Executive Officer since 2020.

Source: Wikipedia →

Risk analytics

SEMI-ANNUAL · BULLET · PAR 100
Modified duration
13.00 y
1bp ↑ ≈ -0.130% P&L
Convexity
269.64
higher = more curvature
Years to maturity
29.02 y
YTM source
Ingested
Fund disclosure
Market signals · funds disclosing this bond
SignalCategoryExposureLast moveWeightAs of
Vanguard Total Bond Market
Vanguard
US Aggregate$11.7M—0.00%2026-03-31
iShares iBoxx $ Investment Grade Corporate Bond
iShares
US IG Corporate$8.4M▼ $35K0.03%2026-05-01
iShares Core U.S. Aggregate Bond
iShares
US Aggregate$3.7M▲ $15K0.00%2026-05-01
Vanguard Long-Term Bond
Vanguard
US Aggregate Long$2.2M—0.03%2026-03-31
iShares Broad USD Investment Grade Corporate Bond
iShares
US Broad IG Corporate$1.8M▲ $4K0.01%2026-05-01
SPDR Portfolio Long Term Corporate Bond
SPDR
US IG Corporate Long$637K▲ $49K0.05%2026-04-30
SPDR Portfolio Aggregate Bond
SPDR
US Aggregate$562K—0.01%2026-04-30
iShares ESG Aware USD Corporate Bond
iShares
US ESG IG Corporate$188K▲ $7680.01%2026-05-01
iShares ESG Aware U.S. Aggregate Bond
iShares
US ESG Aggregate$162K▲ $6640.00%2026-05-01
iShares Interest Rate Hedged Corporate Bond
iShares
US IR Hedged IG Corporate$131K▲ $3K0.03%2026-05-01
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Price history

Sherpa Signal

AS OF 2026-05-01

Institutional footprint · signal-level holdings

44/ 100Active coverage
Interpretation. Light institutional footprint, with net distribution
HOLDERS
10
▼ 2 signals in 7d
AGGREGATE EXPOSURE
$29.6M
USD across all
TOP CONCENTRATION
39.6%
largest holder
FLOW
▼ $499K
▼ 2 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
101,413 USD
PRICE
101.41

RFQ routing · coming soon

Security details

VIA OPENFIGI
Canonical
TRGP 6 1/8 05/15/55
FIGI
BBG01SJ209R3
CUSIP
87612GAN1
ISIN
US87612GAN16
Type
Corp
Issued
2025-02-27
Face value
100 USD
Ticker
TRGP 6.125 05/15/55
Sec. type
GLOBAL
Seniority
Senior Unsecured

Issuer curve

TRGP · 10 PTS

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

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HEURISTIC

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