{
  "page": "compare",
  "query": {
    "a": "FRCZX",
    "b": "LTCAX"
  },
  "retrieved_at": "2026-07-07T18:02:55+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 Intermediate-Term Tax-Free Income Fund",
    "ticker": "FRCZX",
    "slug": "FRCZX",
    "series_id": "S000006719",
    "html_url": "https://fundwatcher.app/funds/FRCZX/"
  },
  "fund_b": {
    "name": "Thornburg California Limited Term Municipal Fund",
    "ticker": "LTCAX",
    "slug": "LTCAX",
    "series_id": "S000011841",
    "html_url": "https://fundwatcher.app/funds/LTCAX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.05944399700029897781856458160",
    "coverage_b_by_a": "0.05944399700029897781856458160",
    "shared_count": 13,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-03-31"
    },
    "a_top": [
      {
        "name": "CA ST PUB WKS BRD-A",
        "value": "31923663.75",
        "weight": "0.02313260",
        "shared": false
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB",
        "value": "26035603.43",
        "weight": "0.01886598",
        "shared": false
      },
      {
        "name": "Los Angeles Department of Water & Power, Series 2017 B",
        "value": "23651752.05",
        "weight": "0.01713858",
        "shared": false
      },
      {
        "name": "FOOTHILL E TRANSP-CAB",
        "value": "21393752.02",
        "weight": "0.01550239",
        "shared": false
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2022 A-1, RB",
        "value": "20248032.00",
        "weight": "0.01467217",
        "shared": false
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "19122625.08",
        "weight": "0.01385668",
        "shared": true
      },
      {
        "name": "UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.00000000",
        "value": "17775978.36",
        "weight": "0.01288087",
        "shared": true
      },
      {
        "name": "STATE OF CALIFORNIA",
        "value": "17094264.18",
        "weight": "0.01238688",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST EDUCTNL FACS AUTH REVENUE",
        "value": "16613698.07",
        "weight": "0.01203865",
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      },
      {
        "name": "State of California",
        "value": "16286557.44",
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        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series 2025G",
        "value": "16247836.50",
        "weight": "0.01177354",
        "shared": true
      },
      {
        "name": "CALIFORNIA ST-TXBL",
        "value": "16106383.50",
        "weight": "0.01167104",
        "shared": false
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "16074285.00",
        "weight": "0.01164778",
        "shared": true
      },
      {
        "name": "Jurupa Unified School District, Series 2019 C",
        "value": "15268101.87",
        "weight": "0.01106361",
        "shared": false
      },
      {
        "name": "California Municipal Finance Authority, Series 2022 A-1",
        "value": "14708475.00",
        "weight": "0.01065809",
        "shared": false
      },
      {
        "name": "CA STWD 5% 7/1/2055",
        "value": "14689377.07",
        "weight": "0.01064425",
        "shared": false
      },
      {
        "name": "STHRN CA MET WTR DT-C",
        "value": "13501511.25",
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        "shared": false
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
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      },
      {
        "name": "California Community Choice Financing Authority, Series 2026 A-1",
        "value": "13118702.76",
        "weight": "0.00950610",
        "shared": true
      },
      {
        "name": "LOS ANGELES UNIF SD-A",
        "value": "13084810.70",
        "weight": "0.00948154",
        "shared": false
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "13040703.75",
        "weight": "0.00944958",
        "shared": true
      },
      {
        "name": "Align Affordable Housing Bond Fund LP, Series 2020-3 TR, Class A",
        "value": "11693196.63",
        "weight": "0.00847315",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST EDUCTNL",
        "value": "11480655.74",
        "weight": "0.00831914",
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      },
      {
        "name": "LOS ANGELES DEPT WTR",
        "value": "11052107.31",
        "weight": "0.00800860",
        "shared": false
      },
      {
        "name": "Los Angeles (City of), CA Department of Airports (Green Bonds), Series 2022 G, RB",
        "value": "10926269.40",
        "weight": "0.00791742",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST MUNI FIN AUTH REVENUE",
        "value": "10803296.81",
        "weight": "0.00782831",
        "shared": false
      },
      {
        "name": "State of California, Series 2025, GO Bonds",
        "value": "10799643.00",
        "weight": "0.00782566",
        "shared": false
      },
      {
        "name": "LELAND STANFORD JUNIOR UNIVERSITY 5.0% 06-01-46",
        "value": "10780358.86",
        "weight": "0.00781169",
        "shared": false
      },
      {
        "name": "Align Affordable Housing Bond Fund LP, Series 2021-1",
        "value": "10567912.50",
        "weight": "0.00765774",
        "shared": false
      },
      {
        "name": "STHRN CALIFORNIA ST PUBLIC PWR REGD B/E 5.00000000",
        "value": "10228123.00",
        "weight": "0.00741153",
        "shared": false
      },
      {
        "name": "California Municipal Finance Authority, Series 2025 A",
        "value": "10080015.00",
        "weight": "0.00730420",
        "shared": false
      },
      {
        "name": "Capital Trust Authority, Series 2024",
        "value": "9896842.76",
        "weight": "0.00717147",
        "shared": false
      },
      {
        "name": "RIVERSIDE TRANSPRNT-B",
        "value": "9850829.63",
        "weight": "0.00713813",
        "shared": false
      },
      {
        "name": "Maricopa County Industrial Development Authority, Series 2024",
        "value": "9850124.65",
        "weight": "0.00713762",
        "shared": false
      },
      {
        "name": "Golden State Tobacco Securitization Corp., Series 2018 A-1",
        "value": "9523087.20",
        "weight": "0.00690064",
        "shared": false
      },
      {
        "name": "CSCDA COMMUNITY IMPROVEMENT AUTHORITY TOWNE AT GLENDALE APARTMENTS 5.0% 09-01-37",
        "value": "9431859.12",
        "weight": "0.00683453",
        "shared": false
      },
      {
        "name": "California Statewide Communities Development Authority, Series 2016",
        "value": "9085167.00",
        "weight": "0.00658331",
        "shared": false
      },
      {
        "name": "SAN RAFAEL CITY ELEMENTARY SCH SRFSCD 08/54 FIXED OID 4",
        "value": "9032210.00",
        "weight": "0.00654494",
        "shared": false
      },
      {
        "name": "SAN FRANCISCO CO-A",
        "value": "8957934.41",
        "weight": "0.00649112",
        "shared": false
      },
      {
        "name": "CSCDA Community Improvement Authority, Series 2021 A-1",
        "value": "8121242.20",
        "weight": "0.00588483",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST INFRASTRUCTURE & CALIFORNIA INFRASTRUCTURE & ECONOMIC DEVELOPMENT B",
        "value": "8092298.02",
        "weight": "0.00586386",
        "shared": false
      },
      {
        "name": "San Diego County Regional Airport Authority, Series 2019A",
        "value": "8008913.25",
        "weight": "0.00580344",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST HLTH FACS FING AUTH REVENUE",
        "value": "8005863.33",
        "weight": "0.00580123",
        "shared": false
      },
      {
        "name": "Los Angeles (City of), CA Department of Airports, Series 2020, Ref. RB",
        "value": "7940937.56",
        "weight": "0.00575418",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST MUNI FIN AUTH REVENUE",
        "value": "7737286.40",
        "weight": "0.00560661",
        "shared": false
      },
      {
        "name": "CA ST MFA MHSG 4% 11/1/2036",
        "value": "7720393.69",
        "weight": "0.00559437",
        "shared": false
      },
      {
        "name": "City of Riverside, Series 2019 A",
        "value": "7711897.58",
        "weight": "0.00558821",
        "shared": false
      },
      {
        "name": "Los Angeles County Metropolitan Transportation Authority, Series 2017 A",
        "value": "7703645.92",
        "weight": "0.00558223",
        "shared": false
      },
      {
        "name": "KAISER FOUNDATION HOSPITALS 5.0% 11-01-47",
        "value": "7624865.50",
        "weight": "0.00552515",
        "shared": false
      },
      {
        "name": "CA MUNI FIN AUTH-A",
        "value": "7515538.32",
        "weight": "0.00544593",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "Regents of the University of California Medical Center Pooled Revenue",
        "value": "11380000.00",
        "weight": "0.03894027",
        "shared": false
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "8331363.01",
        "weight": "0.02850839",
        "shared": true
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 C, RB",
        "value": "7384860.00",
        "weight": "0.02526963",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series 2023 E-1",
        "value": "7355915.00",
        "weight": "0.02517059",
        "shared": false
      },
      {
        "name": "LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE",
        "value": "5912339.75",
        "weight": "0.02023094",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series F",
        "value": "5768998.20",
        "weight": "0.01974045",
        "shared": false
      },
      {
        "name": "SAN JOAQUIN VLY CLEAN ENERGY AUTH CA CLEAN ENERGY REVENUE",
        "value": "5215425.60",
        "weight": "0.01784623",
        "shared": false
      },
      {
        "name": "LOS ANGELES HSG -A",
        "value": "4954694.82",
        "weight": "0.01695405",
        "shared": false
      },
      {
        "name": "KAISER FOUNDATION HOSPITALS (MPT) 5.0% 06-01-41",
        "value": "4768919.85",
        "weight": "0.01631837",
        "shared": false
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "4545459.10",
        "weight": "0.01555373",
        "shared": true
      },
      {
        "name": "CA ST UNIV REV 3.125% 11/1/2051 MT",
        "value": "4194804.60",
        "weight": "0.01435385",
        "shared": false
      },
      {
        "name": "CALIFORNIA HSG FIN AGY AFFORDABLE HSG REVENUE",
        "value": "4183961.16",
        "weight": "0.01431675",
        "shared": false
      },
      {
        "name": "REPUBLIC SERVICES INC (MPT) 4.375% 09-01-53",
        "value": "4135264.00",
        "weight": "0.01415011",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series B",
        "value": "4125028.60",
        "weight": "0.01411509",
        "shared": false
      },
      {
        "name": "DEL SUR FAMILY HOUSING LP (MPT) 5.0% 05-01-54",
        "value": "3905914.75",
        "weight": "0.01336532",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series 2025G",
        "value": "3786016.50",
        "weight": "0.01295505",
        "shared": true
      },
      {
        "name": "LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE",
        "value": "3635443.00",
        "weight": "0.01243982",
        "shared": true
      },
      {
        "name": "SOUTHERN CALIFORNIA EDISON CO 4.5% 11-01-33",
        "value": "3551681.00",
        "weight": "0.01215320",
        "shared": false
      },
      {
        "name": "REPUBLIC SERVICES INC (MPT) 2.875% 07-01-43",
        "value": "3493885.50",
        "weight": "0.01195543",
        "shared": false
      },
      {
        "name": "San Francisco City & County Airport Comm-San Francisco International Airport",
        "value": "3343359.00",
        "weight": "0.01144036",
        "shared": false
      },
      {
        "name": "San Diego County Regional Airport Authority",
        "value": "3310257.00",
        "weight": "0.01132709",
        "shared": false
      },
      {
        "name": "SAN FRANCISCO CITY & COUNTY AIRPORT COMM-SAN FRANCISCO INTERNATIONAL AIRPORT",
        "value": "3227991.00",
        "weight": "0.01104559",
        "shared": false
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2023, RB",
        "value": "3158505.00",
        "weight": "0.01080782",
        "shared": false
      },
      {
        "name": "CALIFORNIA STWD CMNTYS DEV AUT REGD V/R B/E 5.00000000",
        "value": "3051637.11",
        "weight": "0.01044214",
        "shared": false
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Green Bonds), Series 2023, RB",
        "value": "3040752.12",
        "weight": "0.01040489",
        "shared": false
      },
      {
        "name": "WASTE MANAGEMENT INC (MPT) 4.2% 11-01-38",
        "value": "3027312.00",
        "weight": "0.01035891",
        "shared": false
      },
      {
        "name": "Los Angeles Community College District, Series 2024",
        "value": "3025794.00",
        "weight": "0.01035371",
        "shared": false
      },
      {
        "name": "State of California",
        "value": "3010281.00",
        "weight": "0.01030063",
        "shared": false
      },
      {
        "name": "WASTE MANAGEMENT INC (MPT) 3.45% 12-01-44",
        "value": "3001515.00",
        "weight": "0.01027063",
        "shared": false
      },
      {
        "name": "UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.00000000",
        "value": "2881317.50",
        "weight": "0.00985934",
        "shared": true
      },
      {
        "name": "SAN JOSE CA MF HSG REVENUE",
        "value": "2773397.00",
        "weight": "0.00949005",
        "shared": false
      },
      {
        "name": "WASTE MANAGEMENT INC (MPT) 3.45% 10-01-41",
        "value": "2750060.50",
        "weight": "0.00941020",
        "shared": false
      },
      {
        "name": "CHF-IRVINE LLC BAM 5.0% 05-15-32",
        "value": "2655371.62",
        "weight": "0.00908619",
        "shared": false
      },
      {
        "name": "Los Angeles County Development Authority",
        "value": "2607607.61",
        "weight": "0.00892275",
        "shared": false
      },
      {
        "name": "Los Angeles County Development Authority, West LA Building 156 and 157 Apartments, Series 2023C",
        "value": "2573709.93",
        "weight": "0.00880676",
        "shared": false
      },
      {
        "name": "SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE",
        "value": "2560523.00",
        "weight": "0.00876164",
        "shared": false
      },
      {
        "name": "CALIFORNIA HSG FIN AGY AFFORDABLE HSG REVENUE",
        "value": "2500722.50",
        "weight": "0.00855701",
        "shared": false
      },
      {
        "name": "SOUTHERN CALIFORNIA EDISON CO 1.75% 09-01-29",
        "value": "2338082.50",
        "weight": "0.00800049",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST HLTH FACS FING AUTH REVENUE",
        "value": "2268100.00",
        "weight": "0.00776102",
        "shared": false
      },
      {
        "name": "RIVERSIDE CNTY CA PUBLIC FINGAUTH",
        "value": "2228883.80",
        "weight": "0.00762683",
        "shared": false
      },
      {
        "name": "SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV",
        "value": "2221244.00",
        "weight": "0.00760069",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST MUNI FIN AUTH STUDENT HSG REVENUE",
        "value": "2185379.70",
        "weight": "0.00747797",
        "shared": false
      },
      {
        "name": "CENTRL VLY CA ENERGY AUTH COMM REGD V/R B/E 5.00000000",
        "value": "2145492.00",
        "weight": "0.00734148",
        "shared": false
      },
      {
        "name": "FOOTHILL FAMILY PRESERVATION LP (MPT) 2.75% 05-01-44",
        "value": "2082687.60",
        "weight": "0.00712657",
        "shared": false
      },
      {
        "name": "PROVIDENCE ST JOSEPH HEALTH OBLIGATED GROUP (MPT) 5.0% 10-01-39",
        "value": "2062062.34",
        "weight": "0.00705600",
        "shared": false
      },
      {
        "name": "State of California",
        "value": "2055918.00",
        "weight": "0.00703497",
        "shared": false
      },
      {
        "name": "SAN JOSE HSG REV-F-2",
        "value": "2004692.00",
        "weight": "0.00685969",
        "shared": false
      },
      {
        "name": "California Statewide Communities Development Authority, Series 2026A",
        "value": "2004332.00",
        "weight": "0.00685846",
        "shared": false
      },
      {
        "name": "CA ST MFA SW 3.85% MT @",
        "value": "2000572.00",
        "weight": "0.00684559",
        "shared": false
      },
      {
        "name": "SACRAMENTO CNTY CA ARPT SYS REVENUE",
        "value": "1973527.33",
        "weight": "0.00675305",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0002071691-26-012257",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/773478/000207169126012257/0002071691-26-012257-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0001410368-26-051183",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/816153/000141036826051183/0001410368-26-051183-index.htm"
    }
  ]
}