{
  "page": "compare",
  "query": {
    "a": "DMFZX",
    "b": "FSMUX"
  },
  "retrieved_at": "2026-07-07T15:13:05+00:00",
  "disclaimer": "Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them.",
  "attribution": "Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC.",
  "terms": {
    "notice": "Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed.",
    "url": "https://fundwatcher.app/terms/"
  },
  "fund_a": {
    "name": "Destinations Municipal Fixed Income Fund",
    "ticker": "DMFZX",
    "slug": "DMFZX",
    "series_id": "S000056109",
    "html_url": "https://fundwatcher.app/funds/DMFZX/"
  },
  "fund_b": {
    "name": "Strategic Advisers Municipal Bond Fund",
    "ticker": "FSMUX",
    "slug": "FSMUX",
    "series_id": "S000072234",
    "html_url": "https://fundwatcher.app/funds/FSMUX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.04744064832374328722679286055",
    "coverage_b_by_a": "0.04744064832374328722679286055",
    "shared_count": 86,
    "as_of": {
      "a": "2026-02-28",
      "b": "2026-02-28"
    },
    "a_top": [
      {
        "name": "Federated Hermes Government Obligations Tax-Managed Fund, Institutional Class",
        "value": "13214025.00",
        "weight": "0.02194714",
        "shared": false
      },
      {
        "name": "VANGUARD TAX-EXM",
        "value": "13128721.65",
        "weight": "0.02180546",
        "shared": true
      },
      {
        "name": "PHILADELPHIA PA REGD N/C B/E 5.00000000",
        "value": "7820001.97",
        "weight": "0.01298822",
        "shared": false
      },
      {
        "name": "LOUISIANA ST REGD N/C B/E 5.00000000",
        "value": "5687725.74",
        "weight": "0.00944673",
        "shared": false
      },
      {
        "name": "FORSYTH CNTY GA SCH DIST REGD N/C B/E 5.00000000",
        "value": "5319167.11",
        "weight": "0.00883459",
        "shared": false
      },
      {
        "name": "State of Minnesota",
        "value": "5268246.00",
        "weight": "0.00875002",
        "shared": false
      },
      {
        "name": "UNIV OF TEXAS TX PERMANENT UNI REGD N/C B/E 5.00000000",
        "value": "5252024.60",
        "weight": "0.00872308",
        "shared": false
      },
      {
        "name": "LAMAR TX CONSOL INDEP SCH DIST REGD B/E PSF-GTD 5.00000000",
        "value": "5174430.99",
        "weight": "0.00859420",
        "shared": false
      },
      {
        "name": "PEFA INC VAR",
        "value": "5057907.00",
        "weight": "0.00840067",
        "shared": false
      },
      {
        "name": "HONOLULU CITY & CNTY HI REGD B/E 4.00000000",
        "value": "5037282.00",
        "weight": "0.00836641",
        "shared": false
      },
      {
        "name": "OHIO ST REGD N/C B/E 5.00000000",
        "value": "5004770.90",
        "weight": "0.00831241",
        "shared": false
      },
      {
        "name": "MI ST HSG DEV AUTH-A",
        "value": "4871796.06",
        "weight": "0.00809155",
        "shared": false
      },
      {
        "name": "MET ATLANTA RAPID TRANSIT AUTH REGD N/C B/E 5.00000000",
        "value": "4726556.40",
        "weight": "0.00785033",
        "shared": false
      },
      {
        "name": "MIAMI-DADE W/S-B",
        "value": "4386648.92",
        "weight": "0.00728577",
        "shared": false
      },
      {
        "name": "PORT NY NJ 5% 10/15/2029",
        "value": "4350838.40",
        "weight": "0.00722630",
        "shared": false
      },
      {
        "name": "WASHINGTON ST REGD B/E 5.00000000",
        "value": "4295561.20",
        "weight": "0.00713449",
        "shared": false
      },
      {
        "name": "Prince George's (County of), MD, Series 2018 A, GO Bonds",
        "value": "4271169.20",
        "weight": "0.00709397",
        "shared": false
      },
      {
        "name": "MS ST 5% 10/1/2035",
        "value": "4246753.60",
        "weight": "0.00705342",
        "shared": false
      },
      {
        "name": "CARMEL IN REDEV AUTH REGD B/E ST INTE 5.00000000",
        "value": "4220241.38",
        "weight": "0.00700939",
        "shared": false
      },
      {
        "name": "DENVER CITY & CNTY CO ARPT REV REGD N/C B/E AMT 5.50000000",
        "value": "3858992.18",
        "weight": "0.00640939",
        "shared": false
      },
      {
        "name": "State of Louisiana, Series 2024E",
        "value": "3827050.39",
        "weight": "0.00635634",
        "shared": false
      },
      {
        "name": "MIAMI-DADE CO WTR&SWR",
        "value": "3686809.35",
        "weight": "0.00612341",
        "shared": false
      },
      {
        "name": "NEW YORK NY REGD B/E 5.00000000",
        "value": "3656079.27",
        "weight": "0.00607237",
        "shared": false
      },
      {
        "name": "UNIV OF TEXAS TX PERMANENT UNIV FND",
        "value": "3654958.07",
        "weight": "0.00607051",
        "shared": false
      },
      {
        "name": "NEW YORK ST URBAN DEV CORP REV REGD B/E 5.00000000",
        "value": "3577280.35",
        "weight": "0.00594150",
        "shared": false
      },
      {
        "name": "New York City Transitional Finance Authority Future Tax Secured Revenue",
        "value": "3528977.28",
        "weight": "0.00586127",
        "shared": false
      },
      {
        "name": "CHICAGO-D-REF-REV",
        "value": "3503709.28",
        "weight": "0.00581930",
        "shared": false
      },
      {
        "name": "State of Illinois",
        "value": "3377460.78",
        "weight": "0.00560962",
        "shared": false
      },
      {
        "name": "PHILA PA 5% 8/1/2030",
        "value": "3334885.20",
        "weight": "0.00553890",
        "shared": false
      },
      {
        "name": "SOUTHEAST ENERGY-E",
        "value": "3323955.27",
        "weight": "0.00552075",
        "shared": true
      },
      {
        "name": "OH BUCGEN 5 06/01/2055",
        "value": "3257441.73",
        "weight": "0.00541028",
        "shared": true
      },
      {
        "name": "NY DORM AUTH -A -REF",
        "value": "3181612.50",
        "weight": "0.00528433",
        "shared": false
      },
      {
        "name": "MA ST BAY AUTH-SER B",
        "value": "3157582.08",
        "weight": "0.00524442",
        "shared": false
      },
      {
        "name": "Commonwealth of Pennsylvania, Series 2026",
        "value": "3141705.21",
        "weight": "0.00521805",
        "shared": false
      },
      {
        "name": "State of Illinois, Series 2025A",
        "value": "3050575.78",
        "weight": "0.00506669",
        "shared": false
      },
      {
        "name": "HOUSTON-UTL SYS-B-REF",
        "value": "3026141.40",
        "weight": "0.00502611",
        "shared": false
      },
      {
        "name": "State of Maryland Department of Transportation",
        "value": "3009858.60",
        "weight": "0.00499907",
        "shared": false
      },
      {
        "name": "WILLMAR MN INDEP SCH DIST #347 REGD N/C B/E SD CRED 5.00000000",
        "value": "2998453.08",
        "weight": "0.00498012",
        "shared": false
      },
      {
        "name": "COLORADO ST HLTH FACS AUTH REV REGD B/E 5.00000000",
        "value": "2991928.43",
        "weight": "0.00496929",
        "shared": true
      },
      {
        "name": "JACKSONVILLE FL SPL REVENUE REGD B/E 5.00000000",
        "value": "2980475.80",
        "weight": "0.00495027",
        "shared": false
      },
      {
        "name": "TEXAS ST MUNI GAS ACQUISITION REGD N/C B/E 5.00000000",
        "value": "2903623.54",
        "weight": "0.00482262",
        "shared": false
      },
      {
        "name": "LOUISIANA ST LOCAL GOVT ENVRNM REGD B/E 5.00000000",
        "value": "2861861.80",
        "weight": "0.00475326",
        "shared": false
      },
      {
        "name": "Clark (County of), NV, Series 2016 B, Ref. GO Bonds",
        "value": "2771329.00",
        "weight": "0.00460289",
        "shared": false
      },
      {
        "name": "LAFAYETTE LA UTILITIES REVENUE REGD B/E AG 5.00000000",
        "value": "2745334.71",
        "weight": "0.00455972",
        "shared": false
      },
      {
        "name": "WASHINGTON ST REGD B/E 5.00000000",
        "value": "2714079.25",
        "weight": "0.00450781",
        "shared": false
      },
      {
        "name": "NY TRANS CORP 5% 12/1/2037 @",
        "value": "2712025.50",
        "weight": "0.00450440",
        "shared": true
      },
      {
        "name": "Salt River Project Agricultural Improvement & Power District, Series 2025, RB",
        "value": "2654157.50",
        "weight": "0.00440828",
        "shared": false
      },
      {
        "name": "NYC MUNI WTR FIN-DD",
        "value": "2592767.48",
        "weight": "0.00430632",
        "shared": false
      },
      {
        "name": "CMNTY TX INDEP SCH DIST REGD B/E PSF-GTD 5.00000000",
        "value": "2577586.48",
        "weight": "0.00428111",
        "shared": false
      },
      {
        "name": "MET SAINT LOUIS MO SWR DIST WS REGD B/E 5.00000000",
        "value": "2561815.25",
        "weight": "0.00425491",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "Allspring Municipal Bond Admin",
        "value": "865145655.00",
        "weight": "0.06200385",
        "shared": false
      },
      {
        "name": "Vanguard Long-Term Tax-Exempt Adm",
        "value": "694526934.51",
        "weight": "0.04977583",
        "shared": false
      },
      {
        "name": "Franklin Federal Tax Free Income R6",
        "value": "656439810.79",
        "weight": "0.04704618",
        "shared": false
      },
      {
        "name": "MONEY MARKET FUND",
        "value": "482309091.20",
        "weight": "0.03456646",
        "shared": false
      },
      {
        "name": "ISHARES NATIONAL MUNI BOND ETF ISHARES NATIONAL MUNI BOND E",
        "value": "322880269.60",
        "weight": "0.02314040",
        "shared": false
      },
      {
        "name": "VANGUARD TAX-EXM",
        "value": "310440040.35",
        "weight": "0.02224883",
        "shared": true
      },
      {
        "name": "DWS Managed Municipal Bond S",
        "value": "306113111.12",
        "weight": "0.02193872",
        "shared": false
      },
      {
        "name": "FIDELITY SAI ENHANCED MUNICIPAL INCOME FUND",
        "value": "259260993.15",
        "weight": "0.01858089",
        "shared": false
      },
      {
        "name": "BlackRock National Municipal Inv A",
        "value": "259004967.65",
        "weight": "0.01856254",
        "shared": false
      },
      {
        "name": "Eaton Vance National Municipal Income I",
        "value": "243829535.70",
        "weight": "0.01747494",
        "shared": false
      },
      {
        "name": "American High-Income Municipal Bond F-2",
        "value": "155640780.16",
        "weight": "0.01115457",
        "shared": false
      },
      {
        "name": "Fidelity Municipal Cash Central Fund",
        "value": "80023976.23",
        "weight": "0.00573521",
        "shared": false
      },
      {
        "name": "Invesco Government & Agency Portfolio, Institutional Class",
        "value": "40242334.91",
        "weight": "0.00288412",
        "shared": false
      },
      {
        "name": "MAIN STR NAT GA 4% 07/01/2052 MT",
        "value": "37437239.06",
        "weight": "0.00268308",
        "shared": false
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD OID B/E 4.75000000",
        "value": "33883883.53",
        "weight": "0.00242841",
        "shared": true
      },
      {
        "name": "OH BUCGEN 5 06/01/2055",
        "value": "32929474.32",
        "weight": "0.00236001",
        "shared": true
      },
      {
        "name": "SOUTHEAST ENERGY-E",
        "value": "31490389.35",
        "weight": "0.00225687",
        "shared": true
      },
      {
        "name": "TN TNSUTL 5 12/01/2035",
        "value": "28499240.13",
        "weight": "0.00204250",
        "shared": false
      },
      {
        "name": "Public Energy Auth. of Kentucky Gas Supply Rev. Refg. C",
        "value": "20993906.34",
        "weight": "0.00150461",
        "shared": false
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 C, RB",
        "value": "20284645.40",
        "weight": "0.00145377",
        "shared": false
      },
      {
        "name": "Puerto Rico Commonwealth Aqueduct & Sewer Authority, Series A",
        "value": "20125969.14",
        "weight": "0.00144240",
        "shared": true
      },
      {
        "name": "CHICAGO ILLIN 6% 4/1/2046",
        "value": "18890444.64",
        "weight": "0.00135385",
        "shared": false
      },
      {
        "name": "MUNIBOND",
        "value": "18270368.41",
        "weight": "0.00130941",
        "shared": false
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000",
        "value": "18207752.42",
        "weight": "0.00130493",
        "shared": true
      },
      {
        "name": "MAIN STR NAT GA(RCC) 5% 9/1/30MT 53",
        "value": "16523209.13",
        "weight": "0.00118420",
        "shared": true
      },
      {
        "name": "TX TTFTRN 5.5 10/01/2055",
        "value": "16370516.04",
        "weight": "0.00117325",
        "shared": false
      },
      {
        "name": "TN TNSUTL 5 11/01/2034",
        "value": "16071892.68",
        "weight": "0.00115185",
        "shared": false
      },
      {
        "name": "NY TRANS CORP(JFK INT NEW ONE)/AGM 5.13% 6/30/60@",
        "value": "15961418.43",
        "weight": "0.00114393",
        "shared": false
      },
      {
        "name": "Southeast Energy Authority, Alabama, Revenue Bonds Cooperative District Energy Supply Series 2024C",
        "value": "15885729.16",
        "weight": "0.00113851",
        "shared": false
      },
      {
        "name": "NEW YORK ST URBAN DEV CORP SALES TAX REVENUE",
        "value": "15696810.00",
        "weight": "0.00112497",
        "shared": false
      },
      {
        "name": "NY NYEFAC 07/01/2056",
        "value": "15553968.75",
        "weight": "0.00111473",
        "shared": false
      },
      {
        "name": "San Francisco City & County Airport Comm-San Francisco International Airport",
        "value": "15330517.33",
        "weight": "0.00109872",
        "shared": false
      },
      {
        "name": "LOWER AL GAS DT-A-REF",
        "value": "15111818.57",
        "weight": "0.00108304",
        "shared": false
      },
      {
        "name": "State of Illinois, Series D",
        "value": "15006124.16",
        "weight": "0.00107547",
        "shared": false
      },
      {
        "name": "TOBACCO SETTLEMENT FING CORP N TOBGEN 06/46 FIXED 5",
        "value": "14988320.72",
        "weight": "0.00107419",
        "shared": false
      },
      {
        "name": "WI PUBTRN 5.75 12/31/2065",
        "value": "14578761.47",
        "weight": "0.00104484",
        "shared": true
      },
      {
        "name": "PENNSYLVANIA ST ECON DEV FING REGD OID B/E AMT 5.25000000",
        "value": "14489270.33",
        "weight": "0.00103843",
        "shared": false
      },
      {
        "name": "STATE OF ILLINOIS MCCORMICK PLACE EXPANSION PROJECT FUND 4.0% 06-15-52",
        "value": "14479978.80",
        "weight": "0.00103776",
        "shared": false
      },
      {
        "name": "PENNSYLVANIA ST ECON DEV FING REGD B/E AMT 5.75000000",
        "value": "14373169.96",
        "weight": "0.00103011",
        "shared": false
      },
      {
        "name": "Puerto Rico, General Obligation Bonds, Vintage CW NT Claims Taxable Series 2022",
        "value": "14359374.05",
        "weight": "0.00102912",
        "shared": false
      },
      {
        "name": "MAIN STR NAT GA 4% 9/1/2052",
        "value": "14357702.49",
        "weight": "0.00102900",
        "shared": false
      },
      {
        "name": "Southeast Energy Authority, Alabama, Revenue Bonds, Cooperative District Energy Supply Series 2025B",
        "value": "14355131.65",
        "weight": "0.00102881",
        "shared": false
      },
      {
        "name": "MAIN STR NAT GA 5% MT",
        "value": "14222939.55",
        "weight": "0.00101934",
        "shared": false
      },
      {
        "name": "Black Belt Energy Gas District, Series D-1",
        "value": "14178203.36",
        "weight": "0.00101613",
        "shared": false
      },
      {
        "name": "TX TXSUTL 01/01/2055",
        "value": "13568832.68",
        "weight": "0.00097246",
        "shared": false
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000",
        "value": "13388709.79",
        "weight": "0.00095955",
        "shared": false
      },
      {
        "name": "NEW YORK ST DO 5% 3/15/2041",
        "value": "13335564.04",
        "weight": "0.00095574",
        "shared": false
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB",
        "value": "13108509.88",
        "weight": "0.00093947",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series 2025G",
        "value": "13063507.04",
        "weight": "0.00093624",
        "shared": true
      },
      {
        "name": "NY TRNSPRTN DEV CRP-A",
        "value": "13029440.89",
        "weight": "0.00093380",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0001003715-26-001573",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1688680/000100371526001573/0001003715-26-001573-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0000035402-26-002694",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1364924/000003540226002694/0000035402-26-002694-index.htm"
    }
  ]
}