{
  "page": "compare",
  "query": {
    "a": "FCQAX",
    "b": "TACAX"
  },
  "retrieved_at": "2026-07-07T17:04:28+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": "Franklin California High Yield Municipal Fund",
    "ticker": "FCQAX",
    "slug": "FCQAX",
    "series_id": "S000006860",
    "html_url": "https://fundwatcher.app/funds/FCQAX/"
  },
  "fund_b": {
    "name": "California Municipal Bond Fund",
    "ticker": "TACAX",
    "slug": "TACAX",
    "series_id": "S000000616",
    "html_url": "https://fundwatcher.app/funds/TACAX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.06822624207379857089667897563",
    "coverage_b_by_a": "0.06822624207379857089667897566",
    "shared_count": 67,
    "as_of": {
      "a": "2026-02-28",
      "b": "2026-02-28"
    },
    "a_top": [
      {
        "name": "LOMA LINDA UNIVERSITY MEDICAL CENTER OBLIGATED GROUP 5.25% 12-01-56",
        "value": "45779995.96",
        "weight": "0.01410901",
        "shared": false
      },
      {
        "name": "San Joaquin Hills Transportation Corridor Agency, Series 1997 A",
        "value": "42084200.52",
        "weight": "0.01297000",
        "shared": false
      },
      {
        "name": "GRND CANYON UNIV",
        "value": "41264071.73",
        "weight": "0.01271724",
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      },
      {
        "name": "Foothill-Eastern Transportation Corridor Agency, Series 2013 A",
        "value": "41203785.00",
        "weight": "0.01269866",
        "shared": false
      },
      {
        "name": "M-S-R Energy Authority, Series 2009 B, RB",
        "value": "40462067.88",
        "weight": "0.01247007",
        "shared": true
      },
      {
        "name": "San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2019 E, RB",
        "value": "34965090.52",
        "weight": "0.01077595",
        "shared": false
      },
      {
        "name": "Los Angeles Housing Authority, Series 2024 B",
        "value": "32622310.05",
        "weight": "0.01005392",
        "shared": false
      },
      {
        "name": "CMFA Special Finance Agency Enclave, Series 2022 A-2",
        "value": "28289844.19",
        "weight": "0.00871869",
        "shared": false
      },
      {
        "name": "RESTRUCTURED-SER A-2",
        "value": "27726394.38",
        "weight": "0.00854504",
        "shared": true
      },
      {
        "name": "CMFA SPL FIN AGY XII CA ESSENT REGD OID B/E 4.37500000",
        "value": "26185938.10",
        "weight": "0.00807029",
        "shared": false
      },
      {
        "name": "San Diego Unified School District, Series 2010C",
        "value": "26019186.02",
        "weight": "0.00801890",
        "shared": false
      },
      {
        "name": "KAISER FOUNDATION HOSPITALS 5.0% 11-01-47",
        "value": "24313150.87",
        "weight": "0.00749311",
        "shared": false
      },
      {
        "name": "SAN JOAQUIN VLY CLEAN ENERGY AUTH CA CLEAN ENERGY REVENUE",
        "value": "24224755.63",
        "weight": "0.00746587",
        "shared": true
      },
      {
        "name": "CALIFORNIA ST MUNI FIN AUTH REVENUE",
        "value": "22371783.15",
        "weight": "0.00689480",
        "shared": false
      },
      {
        "name": "GOLDEN ST CONNECT",
        "value": "22249451.40",
        "weight": "0.00685710",
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      },
      {
        "name": "California Community Housing Agency, Workforce Housing Revenue Bonds, Annadel Apartments, Series 2019A",
        "value": "21956000.81",
        "weight": "0.00676666",
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      },
      {
        "name": "CHANNELSIDE WATER RESOURCES LP 5.0% 11-21-45",
        "value": "21713090.75",
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      },
      {
        "name": "UNIV OF CALIFORNIA CA REVENUES",
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      },
      {
        "name": "FOOTHL/EASTN CA 3.95% 1/15/2053",
        "value": "21100016.00",
        "weight": "0.00650285",
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      },
      {
        "name": "CALIFORNIA ST CMNTY CLG FING AUTH STUDENT HSG REVENUE",
        "value": "20977406.18",
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      },
      {
        "name": "California Municipal Finance Authority, Series 2023 B-1",
        "value": "20753589.62",
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      },
      {
        "name": "Los Angeles Department of Water, Series 2020 A",
        "value": "19329719.68",
        "weight": "0.00595726",
        "shared": false
      },
      {
        "name": "CSCDA COMMUNITY IMPROVEMENT AUTHORITY WOOD CREEK APARTMENTS 4.0% 12-01-59",
        "value": "18596042.16",
        "weight": "0.00573115",
        "shared": false
      },
      {
        "name": "SAN JOAQUIN JR LIEN",
        "value": "18472325.55",
        "weight": "0.00569302",
        "shared": false
      },
      {
        "name": "SAN FRANCISCO CA BAY AREA RAPID TRANSIT DIST",
        "value": "17828713.44",
        "weight": "0.00549466",
        "shared": false
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD OID B/E 4.75000000",
        "value": "17790140.36",
        "weight": "0.00548277",
        "shared": false
      },
      {
        "name": "CALIFORNIA HSG FIN AGY LTD OBLIG MF HSG REVENUE",
        "value": "17289738.56",
        "weight": "0.00532855",
        "shared": false
      },
      {
        "name": "California Community Housing Agency, Series A",
        "value": "17231625.00",
        "weight": "0.00531064",
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      {
        "name": "Rio Hondo Community College District, Series 2010C",
        "value": "16519289.80",
        "weight": "0.00509111",
        "shared": false
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      {
        "name": "California Municipal Finance Authority, Series 2023 B",
        "value": "16432268.73",
        "weight": "0.00506429",
        "shared": false
      },
      {
        "name": "Irvine Ranch Water District, Series B",
        "value": "16300000.00",
        "weight": "0.00502352",
        "shared": false
      },
      {
        "name": "State of California Department of Water Resources, Series 2026A",
        "value": "16111644.00",
        "weight": "0.00496547",
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      {
        "name": "CALIFORNIA ST EDUCTNL FACS AUTH REVENUE",
        "value": "15940174.50",
        "weight": "0.00491263",
        "shared": false
      },
      {
        "name": "FOOTHILL ESTRN TRANSPRTN CORRIDOR AGY CA TOLL ROAD REVENUE",
        "value": "15799070.00",
        "weight": "0.00486914",
        "shared": false
      },
      {
        "name": "Los Angeles Department of Water & Power Water System, Series B",
        "value": "15768180.32",
        "weight": "0.00485962",
        "shared": false
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      {
        "name": "Maricopa County Industrial Development Authority, Series 2024",
        "value": "14726986.60",
        "weight": "0.00453873",
        "shared": false
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      {
        "name": "RESTRUCTURED-SER A1",
        "value": "14716836.28",
        "weight": "0.00453561",
        "shared": false
      },
      {
        "name": "Anaheim Housing & Public Improvements Authority, Series 2024-A",
        "value": "14500000.00",
        "weight": "0.00446878",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST MUNI FIN AUTH REVENUE",
        "value": "14149434.35",
        "weight": "0.00436074",
        "shared": false
      },
      {
        "name": "CALIFORNIA COMMUNITY HOUSING AGENCY VERDANT AT GREEN VALLEY APARTMENTS 5.0% 08-01-49",
        "value": "14114559.00",
        "weight": "0.00434999",
        "shared": false
      },
      {
        "name": "California Municipal Finance Authority, Series 2022 A-1",
        "value": "14071894.28",
        "weight": "0.00433684",
        "shared": false
      },
      {
        "name": "FHLMC, Multi-family ML Pass-Through Certificates, Series 2020-ML07, Class XCA",
        "value": "13824042.94",
        "weight": "0.00426045",
        "shared": false
      },
      {
        "name": "CA SCH FIN AUTH -A",
        "value": "13799258.68",
        "weight": "0.00425282",
        "shared": false
      },
      {
        "name": "San Joaquin Hills Transportation Corridor Agency, Series B",
        "value": "13798384.32",
        "weight": "0.00425255",
        "shared": false
      },
      {
        "name": "California Municipal Finance Authority, Series 2023 B-2",
        "value": "13776085.77",
        "weight": "0.00424567",
        "shared": false
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "13571957.50",
        "weight": "0.00418276",
        "shared": false
      },
      {
        "name": "University of California, Series 2025 CC, RB",
        "value": "13568217.50",
        "weight": "0.00418161",
        "shared": false
      },
      {
        "name": "California Municipal Finance Authority, Series 2025 B",
        "value": "13434345.54",
        "weight": "0.00414035",
        "shared": false
      },
      {
        "name": "GDB Debt Recovery Authority of Puerto Rico",
        "value": "13430773.68",
        "weight": "0.00413925",
        "shared": false
      },
      {
        "name": "St. Helena Unified School District, Series 2011 B",
        "value": "13289936.00",
        "weight": "0.00409585",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE",
        "value": "14043079.23",
        "weight": "0.02510978",
        "shared": false
      },
      {
        "name": "San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2025 A, RB",
        "value": "12339071.56",
        "weight": "0.02206292",
        "shared": true
      },
      {
        "name": "Sacramento (County of), CA, Series 2024, RB",
        "value": "8307894.29",
        "weight": "0.01485496",
        "shared": true
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB",
        "value": "7502653.78",
        "weight": "0.01341515",
        "shared": true
      },
      {
        "name": "UNIV OF CALIFORNIA-BV",
        "value": "7397938.86",
        "weight": "0.01322791",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series F",
        "value": "7354811.10",
        "weight": "0.01315080",
        "shared": false
      },
      {
        "name": "CA ST UNIV-A-REF",
        "value": "6625471.20",
        "weight": "0.01184670",
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      },
      {
        "name": "JH COLLATERAL",
        "value": "6047084.38",
        "weight": "0.01081251",
        "shared": false
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      {
        "name": "SAN FRANCISCO CITY & COUNTY PUBLIC UTILITIES COMMISSION 4.0% 11-01-50",
        "value": "5478161.61",
        "weight": "0.00979525",
        "shared": false
      },
      {
        "name": "LOS ANGELES DEPT-D",
        "value": "5443181.50",
        "weight": "0.00973270",
        "shared": false
      },
      {
        "name": "COMMONSPIRIT HEALTH OBLIGATED GROUP 5.25% 12-01-49",
        "value": "5340557.50",
        "weight": "0.00954920",
        "shared": true
      },
      {
        "name": "GARDEN GROVE PUBLIC FINANCING GARGEN 04/49 FIXED 5",
        "value": "5235870.93",
        "weight": "0.00936202",
        "shared": false
      },
      {
        "name": "Los Angeles Department of Water & Power Water System, Series 2020B",
        "value": "5141040.89",
        "weight": "0.00919246",
        "shared": false
      },
      {
        "name": "SAN JOAQUIN VLY CLEAN ENERGY AUTH CA CLEAN ENERGY REVENUE",
        "value": "4903246.05",
        "weight": "0.00876727",
        "shared": true
      },
      {
        "name": "UNITED AIRLINES INC 4.0% 07-15-29",
        "value": "4689622.72",
        "weight": "0.00838530",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST EDUCTNL",
        "value": "4648412.45",
        "weight": "0.00831161",
        "shared": false
      },
      {
        "name": "Los Angeles (City of), CA, Series 2025, RB",
        "value": "4402021.60",
        "weight": "0.00787105",
        "shared": false
      },
      {
        "name": "CA CCEDEV 5 03/01/2036",
        "value": "4358994.80",
        "weight": "0.00779412",
        "shared": true
      },
      {
        "name": "CALIFORNIA ENTERPRISE DEVELOPM CASDEV 06/40 FIXED OID 4",
        "value": "4206375.94",
        "weight": "0.00752123",
        "shared": false
      },
      {
        "name": "CA ST UNIV-A-REF",
        "value": "3974664.05",
        "weight": "0.00710691",
        "shared": false
      },
      {
        "name": "ALVORD USD-B-CABS",
        "value": "3966982.26",
        "weight": "0.00709318",
        "shared": false
      },
      {
        "name": "UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.25000000",
        "value": "3817111.20",
        "weight": "0.00682520",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series F",
        "value": "3319935.60",
        "weight": "0.00593622",
        "shared": false
      },
      {
        "name": "Inland Empire Tobacco Securitization Corp., Series 2007C-1",
        "value": "3171808.08",
        "weight": "0.00567136",
        "shared": false
      },
      {
        "name": "Savanna School District, Series B",
        "value": "3158377.04",
        "weight": "0.00564735",
        "shared": false
      },
      {
        "name": "PRS-CALIFORNIA OBLIGATED GROUP 5.0% 04-01-49",
        "value": "3107823.90",
        "weight": "0.00555696",
        "shared": true
      },
      {
        "name": "CA PCFA WTR FUR 5% 11/21/2045",
        "value": "3061248.60",
        "weight": "0.00547368",
        "shared": false
      },
      {
        "name": "California Educational Facilities Authority, Revenue Bonds, Master's University, Series 2025",
        "value": "2944723.54",
        "weight": "0.00526532",
        "shared": false
      },
      {
        "name": "ANAHEIM UNION HIGH SCHOOL DIST ANASCD 08/38 FIXED 3",
        "value": "2837464.40",
        "weight": "0.00507354",
        "shared": false
      },
      {
        "name": "DESERTXPRESS ENTERPRISES LLC (MPT) 12.0% 01-01-65",
        "value": "2802600.00",
        "weight": "0.00501120",
        "shared": true
      },
      {
        "name": "Puerto Rico, General Obligation Bonds, Vintage CW NT Claims Taxable Series 2022",
        "value": "2790450.00",
        "weight": "0.00498947",
        "shared": true
      },
      {
        "name": "CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE",
        "value": "2771302.74",
        "weight": "0.00495524",
        "shared": false
      },
      {
        "name": "LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE",
        "value": "2710943.25",
        "weight": "0.00484731",
        "shared": false
      },
      {
        "name": "CITY OF GLENDALE CA ELECTRIC R GLEPWR 02/45 FIXED 5",
        "value": "2627472.76",
        "weight": "0.00469806",
        "shared": false
      },
      {
        "name": "ROCKLIN ACADEMY OBLIGATED GROUP 5.0% 06-01-64",
        "value": "2588603.39",
        "weight": "0.00462856",
        "shared": true
      },
      {
        "name": "TOBACCO SECURITIZATION AUTH ST TOBGEN 06/48 FIXED 5",
        "value": "2533843.07",
        "weight": "0.00453065",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST ENTERPRISE DEV AUTH REVENUE",
        "value": "2528015.24",
        "weight": "0.00452023",
        "shared": true
      },
      {
        "name": "EISENHOWER MEDICAL CENTER 5.0% 07-01-47",
        "value": "2496822.35",
        "weight": "0.00446445",
        "shared": false
      },
      {
        "name": "GOLDEN ST TOBACCO SECURITIZATI REGD B/E 5.00000000",
        "value": "2485929.25",
        "weight": "0.00444498",
        "shared": false
      },
      {
        "name": "TEJON RANCH PUBLIC FACILITIES TEJFAC 09/54 FIXED 5",
        "value": "2474896.78",
        "weight": "0.00442525",
        "shared": true
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "2461069.35",
        "weight": "0.00440052",
        "shared": true
      },
      {
        "name": "P3 IRVINE SL HOLDINGS LLC OBLIGATED GROUP 6.5% 06-01-54",
        "value": "2439162.25",
        "weight": "0.00436135",
        "shared": false
      },
      {
        "name": "RESTRUCTURED-SER A1",
        "value": "2423145.75",
        "weight": "0.00433271",
        "shared": true
      },
      {
        "name": "REDONDO BEACH UNIFIED SCHOOL D RDBSCD 08/50 FIXED 5",
        "value": "2420675.49",
        "weight": "0.00432830",
        "shared": false
      },
      {
        "name": "PALMDALE WATER DISTRICT PUBLIC PWDWTR 10/49 FIXED OID 4",
        "value": "2402768.37",
        "weight": "0.00429628",
        "shared": false
      },
      {
        "name": "Chaffey Joint Union High School District (Election of 2012), Series 2023 G, GO Bonds",
        "value": "2333257.92",
        "weight": "0.00417199",
        "shared": false
      },
      {
        "name": "W HOLLYWOOD FING AUTH",
        "value": "2282405.76",
        "weight": "0.00408106",
        "shared": false
      },
      {
        "name": "LONG BEACH UNIF SD",
        "value": "2262767.65",
        "weight": "0.00404595",
        "shared": false
      },
      {
        "name": "LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE",
        "value": "2236057.20",
        "weight": "0.00399819",
        "shared": false
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "2231091.60",
        "weight": "0.00398931",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0002071691-26-008624",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/881309/000207169126008624/0002071691-26-008624-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0001193125-26-184466",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/856671/000119312526184466/0001193125-26-184466-index.htm"
    }
  ]
}