{
  "page": "compare",
  "query": {
    "a": "DMHIX",
    "b": "DEFFX"
  },
  "retrieved_at": "2026-07-07T18:56:00+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": "Nomura Minnesota High-Yield Municipal Bond Fund",
    "ticker": "DMHIX",
    "slug": "DMHIX",
    "series_id": "S000002412",
    "html_url": "https://fundwatcher.app/funds/DMHIX/"
  },
  "fund_b": {
    "name": "Nomura Tax-Free Minnesota Fund",
    "ticker": "DEFFX",
    "slug": "DEFFX",
    "series_id": "S000002418",
    "html_url": "https://fundwatcher.app/funds/DEFFX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.5275174946736588117476911867",
    "coverage_b_by_a": "0.5275174946736588117476911869",
    "shared_count": 160,
    "as_of": {
      "a": "2026-02-27",
      "b": "2026-02-27"
    },
    "a_top": [
      {
        "name": "DULUTH MN ECON DEV AUTH HLTH C REGD B/E 5.00000000",
        "value": "6966580.20",
        "weight": "0.03048971",
        "shared": true
      },
      {
        "name": "ROCHESTER MN HLTH CARE FACS REVENUE",
        "value": "6700000.00",
        "weight": "0.02932301",
        "shared": true
      },
      {
        "name": "St Paul Port Authority",
        "value": "5350214.00",
        "weight": "0.02341558",
        "shared": true
      },
      {
        "name": "Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019A",
        "value": "4163920.00",
        "weight": "0.01822368",
        "shared": true
      },
      {
        "name": "State of Minnesota",
        "value": "3630640.00",
        "weight": "0.01588974",
        "shared": true
      },
      {
        "name": "St. Paul (City of), MN Housing & Redevelopment Authority (Hmong College Prep Academy), Series 2016, Ref. RB",
        "value": "3509030.00",
        "weight": "0.01535751",
        "shared": false
      },
      {
        "name": "Minneapolis-St. Paul Metropolitan Airports Commission, Series 2024A",
        "value": "3226300.00",
        "weight": "0.01412012",
        "shared": true
      },
      {
        "name": "RESTRUCTURED-SER A-2",
        "value": "2814840.00",
        "weight": "0.01231934",
        "shared": true
      },
      {
        "name": "MINNESOTA ST HGR EDU FACS AUTH MNSHGR 05/47 FIXED 5",
        "value": "2785800.00",
        "weight": "0.01219224",
        "shared": false
      },
      {
        "name": "City of Rosemount MN",
        "value": "2759005.20",
        "weight": "0.01207497",
        "shared": true
      },
      {
        "name": "MINNEAPOLIS MN HLTH CARE SYS R REGD OID B/E 4.00000000",
        "value": "2471202.35",
        "weight": "0.01081539",
        "shared": true
      },
      {
        "name": "MN MAC PORT REV 5.25% 1/1/2049 @",
        "value": "2395516.20",
        "weight": "0.01048414",
        "shared": true
      },
      {
        "name": "WOODBURY MN CHRT SCH LEASE REV REGD OID B/E 5.50000000",
        "value": "2363850.00",
        "weight": "0.01034555",
        "shared": true
      },
      {
        "name": "MINNESOTA ST HIGHER ED FACS AUTH",
        "value": "2352514.50",
        "weight": "0.01029594",
        "shared": true
      },
      {
        "name": "St. Cloud (City of), MN (CentraCare Health System), Series 2024, Ref. RB",
        "value": "2275625.00",
        "weight": "0.00995943",
        "shared": true
      },
      {
        "name": "ROCHSTR MN HLTH 4.375% 11/15/53",
        "value": "2215044.30",
        "weight": "0.00969429",
        "shared": true
      },
      {
        "name": "Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019B",
        "value": "2204868.00",
        "weight": "0.00964976",
        "shared": true
      },
      {
        "name": "MINNEAPOLIS MN & SAINT PAUL MN HSG & REDEV AUTH HLTH CARE",
        "value": "2179040.00",
        "weight": "0.00953672",
        "shared": true
      },
      {
        "name": "ST CLOUD_MN HLT 4% 5/1/2049",
        "value": "2039760.00",
        "weight": "0.00892715",
        "shared": true
      },
      {
        "name": "DULUTH MN ECON DEV AUTH HLTH C REGD B/E 5.25000000",
        "value": "2016140.00",
        "weight": "0.00882377",
        "shared": true
      },
      {
        "name": "MINN-ST HSG HSP 5% 8/15/2040",
        "value": "1942884.00",
        "weight": "0.00850316",
        "shared": false
      },
      {
        "name": "MINNEAPOLS MN 4% 11/15/2039",
        "value": "1924890.00",
        "weight": "0.00842441",
        "shared": true
      },
      {
        "name": "City of Minneapolis MN",
        "value": "1920966.70",
        "weight": "0.00840724",
        "shared": true
      },
      {
        "name": "MN AG and EC DEV 4% 1/1/2049",
        "value": "1878866.00",
        "weight": "0.00822299",
        "shared": true
      },
      {
        "name": "St. Paul (City of), MN Housing & Redevelopment Authority (Fairview Health Services), Series 2017 A, Ref. RB",
        "value": "1877400.00",
        "weight": "0.00821657",
        "shared": true
      },
      {
        "name": "Dakota County Community Development Agency, Minnesota, Senior Housing Revenue Bonds, Walker Highview Hills LLC Project, Refunding Series 2016A",
        "value": "1850801.40",
        "weight": "0.00810016",
        "shared": true
      },
      {
        "name": "City of St Bonifacius, Series 2025",
        "value": "1823813.10",
        "weight": "0.00798204",
        "shared": false
      },
      {
        "name": "City of Brainerd MN",
        "value": "1810304.75",
        "weight": "0.00792292",
        "shared": false
      },
      {
        "name": "Saint Paul Housing and Redevelopment Authority Minnesota, Senior Housing and Health Care Revenue Bonds, Episcopal Homes Project, Series 2013",
        "value": "1654729.00",
        "weight": "0.00724203",
        "shared": true
      },
      {
        "name": "MINNESOTA ST HSG FIN AGY",
        "value": "1647280.00",
        "weight": "0.00720943",
        "shared": false
      },
      {
        "name": "MAPLE GROVE MN HLTH CARE FACS REVENUE",
        "value": "1626836.25",
        "weight": "0.00711996",
        "shared": true
      },
      {
        "name": "Otsego, Minnesota, Charter School Lease Revenue Bonds, Kaleidoscope Charter School Project, Series 2014A",
        "value": "1617060.50",
        "weight": "0.00707718",
        "shared": true
      },
      {
        "name": "City of Minneapolis MN",
        "value": "1603763.00",
        "weight": "0.00701898",
        "shared": true
      },
      {
        "name": "ROCHESTER MN HLTH CARE FACS REVENUE",
        "value": "1599222.00",
        "weight": "0.00699910",
        "shared": true
      },
      {
        "name": "DULUTH MN ECON DEV AUTH HLTH CARE FACS REVENUE",
        "value": "1598124.90",
        "weight": "0.00699430",
        "shared": true
      },
      {
        "name": "ROCHSTR MN HLTH 4% 11/15/2039",
        "value": "1568880.00",
        "weight": "0.00686631",
        "shared": true
      },
      {
        "name": "MINNEAPOLIS MN REVENUE",
        "value": "1567684.80",
        "weight": "0.00686108",
        "shared": true
      },
      {
        "name": "SAINT PAUL MN HSG & REDEV AUTH CHRT SCH LEASE REVENUE",
        "value": "1525090.00",
        "weight": "0.00667466",
        "shared": true
      },
      {
        "name": "City of Oakdale MN",
        "value": "1521300.00",
        "weight": "0.00665807",
        "shared": false
      },
      {
        "name": "DULUTH MINN ECONOMIC DEV AUTH",
        "value": "1489485.00",
        "weight": "0.00651883",
        "shared": true
      },
      {
        "name": "ST PAUL HSG-A-SYS",
        "value": "1479785.00",
        "weight": "0.00647638",
        "shared": true
      },
      {
        "name": "MINNESOTA ST HIGHER ED FACS AUTH",
        "value": "1475610.00",
        "weight": "0.00645811",
        "shared": true
      },
      {
        "name": "RICE CNTY MN",
        "value": "1455615.00",
        "weight": "0.00637060",
        "shared": true
      },
      {
        "name": "City of Brooklyn Park MN",
        "value": "1390725.00",
        "weight": "0.00608660",
        "shared": true
      },
      {
        "name": "Duluth Housing & Redevelopment Authority",
        "value": "1386588.00",
        "weight": "0.00606850",
        "shared": true
      },
      {
        "name": "City of West St Paul MN",
        "value": "1378875.00",
        "weight": "0.00603474",
        "shared": false
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD OID B/E 4.75000000",
        "value": "1370043.60",
        "weight": "0.00599609",
        "shared": true
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000",
        "value": "1335232.50",
        "weight": "0.00584374",
        "shared": true
      },
      {
        "name": "City of Bethel MN",
        "value": "1315862.25",
        "weight": "0.00575896",
        "shared": false
      },
      {
        "name": "City of Chatfield MN",
        "value": "1290555.00",
        "weight": "0.00564820",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "DULUTH MN ECON DEV AUTH HLTH C REGD B/E 5.00000000",
        "value": "11142513.00",
        "weight": "0.02050486",
        "shared": true
      },
      {
        "name": "St Paul Port Authority",
        "value": "10050402.00",
        "weight": "0.01849512",
        "shared": true
      },
      {
        "name": "MN MAC PORT REV 5.25% 1/1/2049 @",
        "value": "9478362.80",
        "weight": "0.01744243",
        "shared": true
      },
      {
        "name": "Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019B",
        "value": "9229680.00",
        "weight": "0.01698479",
        "shared": true
      },
      {
        "name": "DULUTH MN ECON DEV AUTH HLTH CARE FACS REVENUE",
        "value": "8754508.10",
        "weight": "0.01611037",
        "shared": true
      },
      {
        "name": "ROCHSTR MN HLTH 4% 11/15/2039",
        "value": "8315064.00",
        "weight": "0.01530168",
        "shared": true
      },
      {
        "name": "DULUTH MN ECON DEV AUTH HLTH C REGD B/E 5.25000000",
        "value": "8064560.00",
        "weight": "0.01484070",
        "shared": true
      },
      {
        "name": "State of Minnesota",
        "value": "7238937.60",
        "weight": "0.01332136",
        "shared": true
      },
      {
        "name": "City of Rosemount MN",
        "value": "7161172.20",
        "weight": "0.01317825",
        "shared": true
      },
      {
        "name": "Minneapolis-St. Paul Metropolitan Airports Commission, Series 2024A",
        "value": "6913500.00",
        "weight": "0.01272248",
        "shared": true
      },
      {
        "name": "MINNESOTA ST HIGHER ED FACS AUTH",
        "value": "6857329.50",
        "weight": "0.01261911",
        "shared": true
      },
      {
        "name": "St. Cloud (City of), MN (CentraCare Health System), Series 2024, Ref. RB",
        "value": "6826875.00",
        "weight": "0.01256306",
        "shared": true
      },
      {
        "name": "Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019B",
        "value": "6666264.00",
        "weight": "0.01226750",
        "shared": true
      },
      {
        "name": "ST CLOUD_MN HLT 4% 5/1/2049",
        "value": "6631486.40",
        "weight": "0.01220350",
        "shared": true
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000",
        "value": "6475943.40",
        "weight": "0.01191727",
        "shared": true
      },
      {
        "name": "MINNEAPOLIS MN HLTH CARE SYS R MINMED 11/49 FIXED 5",
        "value": "6090234.25",
        "weight": "0.01120747",
        "shared": true
      },
      {
        "name": "MINNEAPOLIS MN HLTH CARE SYS R REGD OID B/E 4.00000000",
        "value": "5877220.30",
        "weight": "0.01081548",
        "shared": true
      },
      {
        "name": "ROCHSTR MN HLTH 4.375% 11/15/53",
        "value": "5750115.00",
        "weight": "0.01058157",
        "shared": true
      },
      {
        "name": "Minneapolis-St Paul Metropolitan Airports Commission",
        "value": "5666050.00",
        "weight": "0.01042687",
        "shared": false
      },
      {
        "name": "HENNEPIN CNTY MN",
        "value": "5551734.00",
        "weight": "0.01021650",
        "shared": false
      },
      {
        "name": "State of Minnesota",
        "value": "5402663.45",
        "weight": "0.00994218",
        "shared": false
      },
      {
        "name": "ROCHESTER MN HLTH CARE FACS REVENUE",
        "value": "5318527.50",
        "weight": "0.00978735",
        "shared": true
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD OID B/E 4.75000000",
        "value": "5163260.40",
        "weight": "0.00950162",
        "shared": true
      },
      {
        "name": "City of Minneapolis MN",
        "value": "5129933.90",
        "weight": "0.00944029",
        "shared": false
      },
      {
        "name": "MN AG and EC DEV 4% 1/1/2049",
        "value": "4995034.00",
        "weight": "0.00919204",
        "shared": true
      },
      {
        "name": "ROCHESTER MN HLTH CARE FACS REVENUE",
        "value": "4982000.00",
        "weight": "0.00916806",
        "shared": true
      },
      {
        "name": "MINNEAPOLS MN 4% 11/15/2039",
        "value": "4564015.50",
        "weight": "0.00839887",
        "shared": true
      },
      {
        "name": "White Bear Lake Independent School District No 624",
        "value": "4452350.00",
        "weight": "0.00819338",
        "shared": true
      },
      {
        "name": "MINNESOTA ST HI 5% 10/1/2045",
        "value": "4151177.40",
        "weight": "0.00763915",
        "shared": true
      },
      {
        "name": "MINNESOTA ST HSG FIN AGY",
        "value": "3896360.00",
        "weight": "0.00717022",
        "shared": false
      },
      {
        "name": "MINNEAPOLIS MN REVENUE",
        "value": "3875665.20",
        "weight": "0.00713214",
        "shared": true
      },
      {
        "name": "MINNEAPOLS MN 4% 11/15/2040",
        "value": "3772837.50",
        "weight": "0.00694291",
        "shared": true
      },
      {
        "name": "MINNESOTA ST HIGHER ED FACS AUTH",
        "value": "3713618.50",
        "weight": "0.00683394",
        "shared": true
      },
      {
        "name": "Chaska Economic Development Authority",
        "value": "3641475.00",
        "weight": "0.00670118",
        "shared": true
      },
      {
        "name": "City of Minneapolis MN",
        "value": "3573520.00",
        "weight": "0.00657612",
        "shared": true
      },
      {
        "name": "Rochester (City of), MN (Homestead at Rochester, Inc.), Series 2013 A, RB",
        "value": "3522358.40",
        "weight": "0.00648197",
        "shared": true
      },
      {
        "name": "BRAINERD MN INDEP SCH DIST #181",
        "value": "3515190.00",
        "weight": "0.00646878",
        "shared": false
      },
      {
        "name": "St. Paul (City of), MN Housing & Redevelopment Authority (Fairview Health Services), Series 2017 A, Ref. RB",
        "value": "3479448.00",
        "weight": "0.00640301",
        "shared": true
      },
      {
        "name": "City of Minneapolis MN",
        "value": "3441305.00",
        "weight": "0.00633282",
        "shared": true
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000",
        "value": "3435320.00",
        "weight": "0.00632180",
        "shared": true
      },
      {
        "name": "RICE CNTY MN",
        "value": "3396435.00",
        "weight": "0.00625024",
        "shared": true
      },
      {
        "name": "Saint Paul, Minnesota, Sales Tax Revenue Bonds, Neighborhood and Economic Development Projects, Refunding Series 2024C",
        "value": "3364710.00",
        "weight": "0.00619186",
        "shared": false
      },
      {
        "name": "State of Minnesota",
        "value": "3343139.25",
        "weight": "0.00615217",
        "shared": false
      },
      {
        "name": "Saint Paul Housing and Redevelopment Authority Minnesota, Senior Housing and Health Care Revenue Bonds, Episcopal Homes Project, Series 2013",
        "value": "3309458.00",
        "weight": "0.00609019",
        "shared": true
      },
      {
        "name": "Hennepin County, Minnesota, General Obligation Bonds, Series 2020A",
        "value": "3155888.45",
        "weight": "0.00580758",
        "shared": false
      },
      {
        "name": "State of Minnesota",
        "value": "3083037.75",
        "weight": "0.00567352",
        "shared": false
      },
      {
        "name": "MINNESOTA ST HGR EDU FACS AUTH REVENUE",
        "value": "3039084.00",
        "weight": "0.00559263",
        "shared": false
      },
      {
        "name": "MOUNDS VIEW MINN INDPT SCH DIST NO 621",
        "value": "3012480.00",
        "weight": "0.00554368",
        "shared": false
      },
      {
        "name": "ROSEMOUNT MN INDEP SCH DIST #196",
        "value": "2950070.50",
        "weight": "0.00542883",
        "shared": true
      },
      {
        "name": "City of Minneapolis MN",
        "value": "2900952.25",
        "weight": "0.00533844",
        "shared": true
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0000940400-26-014633",
      "as_of": "2026-02-27",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/906236/000094040026014633/0000940400-26-014633-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0000940400-26-014620",
      "as_of": "2026-02-27",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/733362/000094040026014620/0000940400-26-014620-index.htm"
    }
  ]
}