{
  "page": "compare",
  "query": {
    "a": "DMHIX",
    "b": "HTAX"
  },
  "retrieved_at": "2026-07-07T19:26:05+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": "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 National High-Yield Municipal Bond ETF",
    "ticker": "HTAX",
    "slug": "HTAX",
    "series_id": "S000090015",
    "html_url": "https://fundwatcher.app/funds/HTAX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.04483055294897143159656958186",
    "coverage_b_by_a": "0.04483055294897143159656958186",
    "shared_count": 13,
    "as_of": {
      "a": "2026-02-27",
      "b": "2026-03-31"
    },
    "a_top": [
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        "value": "6966580.20",
        "weight": "0.03048971",
        "shared": false
      },
      {
        "name": "ROCHESTER MN HLTH CARE FACS REVENUE",
        "value": "6700000.00",
        "weight": "0.02932301",
        "shared": false
      },
      {
        "name": "St Paul Port Authority",
        "value": "5350214.00",
        "weight": "0.02341558",
        "shared": false
      },
      {
        "name": "Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019A",
        "value": "4163920.00",
        "weight": "0.01822368",
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      },
      {
        "name": "State of Minnesota",
        "value": "3630640.00",
        "weight": "0.01588974",
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      },
      {
        "name": "St. Paul (City of), MN Housing & Redevelopment Authority (Hmong College Prep Academy), Series 2016, Ref. RB",
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        "weight": "0.01535751",
        "shared": false
      },
      {
        "name": "Minneapolis-St. Paul Metropolitan Airports Commission, Series 2024A",
        "value": "3226300.00",
        "weight": "0.01412012",
        "shared": false
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      {
        "name": "RESTRUCTURED-SER A-2",
        "value": "2814840.00",
        "weight": "0.01231934",
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      {
        "name": "MINNESOTA ST HGR EDU FACS AUTH MNSHGR 05/47 FIXED 5",
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        "weight": "0.01219224",
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      },
      {
        "name": "City of Rosemount MN",
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        "weight": "0.01207497",
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      },
      {
        "name": "MINNEAPOLIS MN HLTH CARE SYS R REGD OID B/E 4.00000000",
        "value": "2471202.35",
        "weight": "0.01081539",
        "shared": false
      },
      {
        "name": "MN MAC PORT REV 5.25% 1/1/2049 @",
        "value": "2395516.20",
        "weight": "0.01048414",
        "shared": false
      },
      {
        "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",
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      },
      {
        "name": "St. Cloud (City of), MN (CentraCare Health System), Series 2024, Ref. RB",
        "value": "2275625.00",
        "weight": "0.00995943",
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      },
      {
        "name": "ROCHSTR MN HLTH 4.375% 11/15/53",
        "value": "2215044.30",
        "weight": "0.00969429",
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      },
      {
        "name": "Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019B",
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        "weight": "0.00964976",
        "shared": false
      },
      {
        "name": "MINNEAPOLIS MN & SAINT PAUL MN HSG & REDEV AUTH HLTH CARE",
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        "weight": "0.00953672",
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      },
      {
        "name": "ST CLOUD_MN HLT 4% 5/1/2049",
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        "name": "DULUTH MN ECON DEV AUTH HLTH C REGD B/E 5.25000000",
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      {
        "name": "MINN-ST HSG HSP 5% 8/15/2040",
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        "weight": "0.00850316",
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      {
        "name": "MINNEAPOLS MN 4% 11/15/2039",
        "value": "1924890.00",
        "weight": "0.00842441",
        "shared": false
      },
      {
        "name": "City of Minneapolis MN",
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        "weight": "0.00840724",
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      {
        "name": "MN AG and EC DEV 4% 1/1/2049",
        "value": "1878866.00",
        "weight": "0.00822299",
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      {
        "name": "St. Paul (City of), MN Housing & Redevelopment Authority (Fairview Health Services), Series 2017 A, Ref. RB",
        "value": "1877400.00",
        "weight": "0.00821657",
        "shared": false
      },
      {
        "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": false
      },
      {
        "name": "City of St Bonifacius, Series 2025",
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        "weight": "0.00798204",
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      {
        "name": "City of Brainerd MN",
        "value": "1810304.75",
        "weight": "0.00792292",
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      {
        "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",
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      {
        "name": "MINNESOTA ST HSG FIN AGY",
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        "weight": "0.00720943",
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      {
        "name": "MAPLE GROVE MN HLTH CARE FACS REVENUE",
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        "weight": "0.00711996",
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      {
        "name": "Otsego, Minnesota, Charter School Lease Revenue Bonds, Kaleidoscope Charter School Project, Series 2014A",
        "value": "1617060.50",
        "weight": "0.00707718",
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      {
        "name": "City of Minneapolis MN",
        "value": "1603763.00",
        "weight": "0.00701898",
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      {
        "name": "ROCHESTER MN HLTH CARE FACS REVENUE",
        "value": "1599222.00",
        "weight": "0.00699910",
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      {
        "name": "DULUTH MN ECON DEV AUTH HLTH CARE FACS REVENUE",
        "value": "1598124.90",
        "weight": "0.00699430",
        "shared": false
      },
      {
        "name": "ROCHSTR MN HLTH 4% 11/15/2039",
        "value": "1568880.00",
        "weight": "0.00686631",
        "shared": false
      },
      {
        "name": "MINNEAPOLIS MN REVENUE",
        "value": "1567684.80",
        "weight": "0.00686108",
        "shared": false
      },
      {
        "name": "SAINT PAUL MN HSG & REDEV AUTH CHRT SCH LEASE REVENUE",
        "value": "1525090.00",
        "weight": "0.00667466",
        "shared": false
      },
      {
        "name": "City of Oakdale MN",
        "value": "1521300.00",
        "weight": "0.00665807",
        "shared": false
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      {
        "name": "DULUTH MINN ECONOMIC DEV AUTH",
        "value": "1489485.00",
        "weight": "0.00651883",
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      },
      {
        "name": "ST PAUL HSG-A-SYS",
        "value": "1479785.00",
        "weight": "0.00647638",
        "shared": false
      },
      {
        "name": "MINNESOTA ST HIGHER ED FACS AUTH",
        "value": "1475610.00",
        "weight": "0.00645811",
        "shared": false
      },
      {
        "name": "RICE CNTY MN",
        "value": "1455615.00",
        "weight": "0.00637060",
        "shared": false
      },
      {
        "name": "City of Brooklyn Park MN",
        "value": "1390725.00",
        "weight": "0.00608660",
        "shared": false
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      {
        "name": "Duluth Housing & Redevelopment Authority",
        "value": "1386588.00",
        "weight": "0.00606850",
        "shared": false
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      {
        "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": "VIRGINIA ST CMWLTH UNIV HLTH S REGD V/R B/E 2.45000000",
        "value": "1000000.00",
        "weight": "0.01843148",
        "shared": false
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000",
        "value": "999731.25",
        "weight": "0.01842653",
        "shared": true
      },
      {
        "name": "Puerto Rico, GDB Debt Recovery Authority Commonwealth Bonds, Taxable Series 2018",
        "value": "969976.40",
        "weight": "0.01787810",
        "shared": false
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      {
        "name": "Wisconsin (State of) Public Finance Authority, Series 2023, RB",
        "value": "794070.44",
        "weight": "0.01463590",
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      {
        "name": "RESTRUCTURED-SER A1",
        "value": "787118.16",
        "weight": "0.01450775",
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      {
        "name": "Black Belt Energy Gas District, Series 2025 G",
        "value": "781845.45",
        "weight": "0.01441057",
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      },
      {
        "name": "OR FACS AUTH-B-REF",
        "value": "715000.00",
        "weight": "0.01317851",
        "shared": false
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      {
        "name": "Louisiana Publics Facilities Authority, Louisiana, Revenue Bonds, I-10 Calcasieu River Bridge Public-Private Partnership Project, Senior Lien Series 2",
        "value": "707741.70",
        "weight": "0.01304473",
        "shared": false
      },
      {
        "name": "MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE",
        "value": "700000.00",
        "weight": "0.01290204",
        "shared": false
      },
      {
        "name": "Puerto Rico, General Obligation Bonds, Vintage CW NT Claims Taxable Series 2022",
        "value": "680935.18",
        "weight": "0.01255064",
        "shared": true
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD OID B/E 4.75000000",
        "value": "680770.33",
        "weight": "0.01254761",
        "shared": true
      },
      {
        "name": "WI PUBTRN 5.75 12/31/2065",
        "value": "658789.65",
        "weight": "0.01214247",
        "shared": false
      },
      {
        "name": "OH BUCGEN 5 06/01/2055",
        "value": "605625.00",
        "weight": "0.01116257",
        "shared": false
      },
      {
        "name": "WI PUBTRN 6.5 12/31/2065",
        "value": "545990.90",
        "weight": "0.01006342",
        "shared": false
      },
      {
        "name": "HOUSTON TX HOTEL OCCUPANCY TAX & SPL REVENUE",
        "value": "537427.70",
        "weight": "0.00990559",
        "shared": false
      },
      {
        "name": "San Diego County Regional Airport Authority, Series 2025B",
        "value": "527819.60",
        "weight": "0.00972850",
        "shared": false
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      {
        "name": "Washington Metropolitan Area Transit Authority Dedicated Revenue, Series 2025, RB",
        "value": "525187.15",
        "weight": "0.00967998",
        "shared": false
      },
      {
        "name": "SALT RIVER-SER B",
        "value": "523389.25",
        "weight": "0.00964684",
        "shared": false
      },
      {
        "name": "IL CHITRN 5.25 01/01/2061",
        "value": "515808.40",
        "weight": "0.00950711",
        "shared": false
      },
      {
        "name": "MN AGRIC ECON DEVBRD",
        "value": "510706.90",
        "weight": "0.00941309",
        "shared": true
      },
      {
        "name": "AEROTROPOLIS REGL TRANPRTN AUT REGD B/E 5.50000000",
        "value": "509239.75",
        "weight": "0.00938604",
        "shared": false
      },
      {
        "name": "CA PCFA WTR FUR 5% 11/21/2045",
        "value": "507005.25",
        "weight": "0.00934486",
        "shared": false
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      {
        "name": "CALIFORNIA ST MUNI FIN AUTH REVENUE",
        "value": "505235.75",
        "weight": "0.00931224",
        "shared": false
      },
      {
        "name": "VALPARAISO-REF-REV",
        "value": "502998.50",
        "weight": "0.00927101",
        "shared": false
      },
      {
        "name": "NY NYTTRN 5.5 06/30/2060",
        "value": "501100.85",
        "weight": "0.00923603",
        "shared": false
      },
      {
        "name": "CHICAGO IL BRD OF EDU REGD OID B/E 5.50000000",
        "value": "499190.25",
        "weight": "0.00920082",
        "shared": false
      },
      {
        "name": "FL ST DFC(BRIGHTLINE FL)/AGM 5.25% 7/1/53@",
        "value": "485694.95",
        "weight": "0.00895208",
        "shared": false
      },
      {
        "name": "TX PABSTC 5% 6/30/2058@",
        "value": "485068.50",
        "weight": "0.00894053",
        "shared": false
      },
      {
        "name": "PUBLI FI 74447D 5% 2/1/2062",
        "value": "472091.25",
        "weight": "0.00870134",
        "shared": false
      },
      {
        "name": "FLORIDA HEALTH SCIENCES CENTER INC OBLIGATED GROUP 5.25% 08-01-51",
        "value": "466308.14",
        "weight": "0.00859475",
        "shared": false
      },
      {
        "name": "Wildwood (City of), FL Village Community Development Disctrict No. 15, Series 2024, RB",
        "value": "465929.60",
        "weight": "0.00858777",
        "shared": false
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      {
        "name": "IL CHIEDU 5 12/01/2042",
        "value": "444534.51",
        "weight": "0.00819343",
        "shared": false
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000",
        "value": "440196.25",
        "weight": "0.00811347",
        "shared": true
      },
      {
        "name": "Maricopa (County of), AZ Industrial Development Authority (Commercial Metals Co.), Series 2022, RB",
        "value": "429957.20",
        "weight": "0.00792475",
        "shared": false
      },
      {
        "name": "Illinois Finance Authority, Series 2026",
        "value": "415868.84",
        "weight": "0.00766508",
        "shared": false
      },
      {
        "name": "VALPARAISO-REF-REV",
        "value": "404577.22",
        "weight": "0.00745696",
        "shared": false
      },
      {
        "name": "Mobile (County of), AL Industrial Development Authority (AM/NS Calvert LLC), Series 2024, RB",
        "value": "404501.99",
        "weight": "0.00745557",
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      },
      {
        "name": "CA STWD 5% 12/1/2046",
        "value": "400021.52",
        "weight": "0.00737299",
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      },
      {
        "name": "OU MEDICINE OBLIGATED GROUP 5.5% 08-15-52",
        "value": "394540.44",
        "weight": "0.00727197",
        "shared": false
      },
      {
        "name": "George L. Smith II GA World Congress Center Auth. Rev. (Convention Center Hotel) A",
        "value": "375051.72",
        "weight": "0.00691276",
        "shared": false
      },
      {
        "name": "PENNSYLVANIA ST HGR EDUCTNL FA REGD B/E 5.50000000",
        "value": "371862.93",
        "weight": "0.00685399",
        "shared": false
      },
      {
        "name": "Denver Health & Hospital Authority, Series 2018",
        "value": "367991.89",
        "weight": "0.00678264",
        "shared": false
      },
      {
        "name": "CHICAGO IL BRD OF EDU REGD B/E 5.00000000",
        "value": "365741.16",
        "weight": "0.00674115",
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      },
      {
        "name": "COLORADO ST HLTH FACS AUTH REV REGD B/E 3.00000000",
        "value": "358793.10",
        "weight": "0.00661309",
        "shared": false
      },
      {
        "name": "STATE OF ILLINOIS MCCORMICK PLACE EXPANSION PROJECT FUND 4.0% 06-15-50",
        "value": "357396.88",
        "weight": "0.00658735",
        "shared": false
      },
      {
        "name": "Capital Trust Authority, Series 2024A",
        "value": "354838.48",
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        "shared": false
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      {
        "name": "KALISPELL MT HSG & HLTHCARE FA REGD B/E 5.25000000",
        "value": "354785.64",
        "weight": "0.00653923",
        "shared": false
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "349499.68",
        "weight": "0.00644180",
        "shared": false
      },
      {
        "name": "City of Bethel, Series 2024",
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        "shared": false
      },
      {
        "name": "Puerto Rico Industrial Development Co., Series 2023",
        "value": "335563.66",
        "weight": "0.00618494",
        "shared": false
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    ]
  },
  "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": "0002071691-26-012296",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1969995/000207169126012296/0002071691-26-012296-index.htm"
    }
  ]
}