{
  "page": "compare",
  "query": {
    "a": "FROGX",
    "b": "FSMUX"
  },
  "retrieved_at": "2026-07-07T17:33:32+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": "Fidelity Municipal Income Fund",
    "ticker": "FROGX",
    "slug": "FROGX",
    "series_id": "S000007131",
    "html_url": "https://fundwatcher.app/funds/FROGX/"
  },
  "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": "0.1046277699899465384411745965",
    "coverage_b_by_a": "0.1046277699899465384411745963",
    "shared_count": 828,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-02-28"
    },
    "a_top": [
      {
        "name": "Fidelity Municipal Cash Central Fund",
        "value": "83711734.82",
        "weight": "0.01809518",
        "shared": true
      },
      {
        "name": "SOUTHEAST ENERGY-E",
        "value": "65229167.60",
        "weight": "0.01409998",
        "shared": true
      },
      {
        "name": "Black Belt Energy Gas District",
        "value": "45851452.80",
        "weight": "0.00991128",
        "shared": false
      },
      {
        "name": "MAIN STR NAT GA 5% MT",
        "value": "37236269.84",
        "weight": "0.00804901",
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      },
      {
        "name": "WA ST 5% 8/1/2037",
        "value": "36772992.84",
        "weight": "0.00794887",
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      {
        "name": "NY MTA TRANSP 4% 11/15/2046",
        "value": "35771537.95",
        "weight": "0.00773240",
        "shared": true
      },
      {
        "name": "Southeast Energy Authority, Alabama, Revenue Bonds Cooperative District Energy Supply Series 2024C",
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        "weight": "0.00751469",
        "shared": true
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      {
        "name": "NY MTA TRANSP 5% 11/15/2034",
        "value": "31697475.63",
        "weight": "0.00685175",
        "shared": false
      },
      {
        "name": "MUNIBOND",
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        "weight": "0.00658405",
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      {
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        "weight": "0.00649785",
        "shared": true
      },
      {
        "name": "NEW YORK ST DO 5% 3/15/2041",
        "value": "28221768.15",
        "weight": "0.00610043",
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      },
      {
        "name": "LOWER AL GAS DT-A-REF",
        "value": "27080986.91",
        "weight": "0.00585384",
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      },
      {
        "name": "California Community Choice Financing Authority",
        "value": "26029671.76",
        "weight": "0.00562659",
        "shared": false
      },
      {
        "name": "MTA HUDSON RAIL YRD-A",
        "value": "25906010.09",
        "weight": "0.00559986",
        "shared": true
      },
      {
        "name": "MAIN STR NAT GA(RCC) 5% 9/1/30MT 53",
        "value": "25137415.07",
        "weight": "0.00543372",
        "shared": true
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "25134254.22",
        "weight": "0.00543304",
        "shared": true
      },
      {
        "name": "Southeast Energy Authority, Alabama, Commodity Supply Revenue Bonds, Project 2, Series 2021B-1",
        "value": "23771264.33",
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      {
        "name": "MAIN STR NAT GA 4% MT",
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        "weight": "0.00511448",
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      {
        "name": "ILLINOIS ST FIN AUTH REVENUE",
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        "weight": "0.00509065",
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      {
        "name": "SALES TAX SECURITIZTN",
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        "weight": "0.00491856",
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      {
        "name": "NYC WTR 5.50% 6/15/2056",
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      {
        "name": "Southeast Energy Authority, Alabama, Revenue Bonds, Cooperative District Energy Supply Series 2025B",
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      {
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        "value": "21122599.18",
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      {
        "name": "CHICAGO IL BRD OF EDU REGD B/E 6.25000000",
        "value": "20147976.00",
        "weight": "0.00435520",
        "shared": true
      },
      {
        "name": "STATE OF ILLINOIS MCCORMICK PLACE EXPANSION PROJECT FUND AG 0.0% 06-15-43",
        "value": "19387976.05",
        "weight": "0.00419092",
        "shared": true
      },
      {
        "name": "STATE OF NEW JERSEY 5.0% 06-15-40",
        "value": "19118275.02",
        "weight": "0.00413262",
        "shared": true
      },
      {
        "name": "MAIN STR NAT GA 4% 07/01/2052 MT",
        "value": "19069572.34",
        "weight": "0.00412209",
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      {
        "name": "SOUTHEAST ENRG 5% MT",
        "value": "18637610.40",
        "weight": "0.00402872",
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      {
        "name": "State of Washington, Series 2026, GO Bonds",
        "value": "18103183.66",
        "weight": "0.00391319",
        "shared": false
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      {
        "name": "WASHINGTON ST CONVENTION CENTER PUBLIC FACS DIST",
        "value": "17924904.49",
        "weight": "0.00387466",
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      {
        "name": "SAN FRAN ARPT 5% 5/1/2036@",
        "value": "17677984.00",
        "weight": "0.00382128",
        "shared": false
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "17473578.79",
        "weight": "0.00377710",
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      },
      {
        "name": "NM MUNI ENERGY ACQ AU",
        "value": "17394839.55",
        "weight": "0.00376008",
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      {
        "name": "IL ST 5% 10/1/2034",
        "value": "17300341.48",
        "weight": "0.00373965",
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      {
        "name": "NY ST URBAN DEV CORP-",
        "value": "16784055.00",
        "weight": "0.00362805",
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      {
        "name": "NJ TPK AUTH-A",
        "value": "15807577.53",
        "weight": "0.00341698",
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      {
        "name": "STATE OF NEW JERSEY 5.25% 06-15-55",
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        "weight": "0.00339187",
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      },
      {
        "name": "SOUTHEAST ENERGY-D",
        "value": "15686279.62",
        "weight": "0.00339076",
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      },
      {
        "name": "FEDERAL HOME LOAN MTGE CORP MF REGD N/C V/R B/E 4.77310000",
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        "weight": "0.00336052",
        "shared": false
      },
      {
        "name": "CLARK CO NV SD 3% 6/15/2042",
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      {
        "name": "MAIN STR NAT GA 5% MT",
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      {
        "name": "IN FIN HSR 4% 11/1/2051",
        "value": "15334789.76",
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      {
        "name": "NY ST URBAN DEV CORP-",
        "value": "15293475.25",
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      {
        "name": "City of Chicago, Series 2025A",
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      {
        "name": "CO ST HLTH FACS AUTH",
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      {
        "name": "Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2024A-1",
        "value": "14321487.23",
        "weight": "0.00309574",
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      },
      {
        "name": "Columbus Regional Airport Authority",
        "value": "14214649.11",
        "weight": "0.00307265",
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      {
        "name": "DENVER CO ARPT 5.50% 11/15/2038 @",
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      {
        "name": "DFW ARPT 5.25% 11/1/2037 @",
        "value": "13231686.00",
        "weight": "0.00286017",
        "shared": false
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      {
        "name": "Tender Option Bond Trust Receipts/Certificates",
        "value": "13136678.63",
        "weight": "0.00283963",
        "shared": true
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    "b_top": [
      {
        "name": "Allspring Municipal Bond Admin",
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      {
        "name": "Vanguard Long-Term Tax-Exempt Adm",
        "value": "694526934.51",
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      {
        "name": "Franklin Federal Tax Free Income R6",
        "value": "656439810.79",
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      {
        "name": "MONEY MARKET FUND",
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        "weight": "0.03456646",
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      },
      {
        "name": "ISHARES NATIONAL MUNI BOND ETF ISHARES NATIONAL MUNI BOND E",
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      {
        "name": "VANGUARD TAX-EXM",
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        "weight": "0.02224883",
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      },
      {
        "name": "DWS Managed Municipal Bond S",
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        "weight": "0.02193872",
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      {
        "name": "FIDELITY SAI ENHANCED MUNICIPAL INCOME FUND",
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        "weight": "0.01858089",
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      {
        "name": "BlackRock National Municipal Inv A",
        "value": "259004967.65",
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      {
        "name": "Eaton Vance National Municipal Income I",
        "value": "243829535.70",
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      {
        "name": "American High-Income Municipal Bond F-2",
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      {
        "name": "Fidelity Municipal Cash Central Fund",
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      {
        "name": "Invesco Government & Agency Portfolio, Institutional Class",
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      {
        "name": "MAIN STR NAT GA 4% 07/01/2052 MT",
        "value": "37437239.06",
        "weight": "0.00268308",
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      {
        "name": "PUERTO RICO SALES TAX FING COR REGD OID B/E 4.75000000",
        "value": "33883883.53",
        "weight": "0.00242841",
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      },
      {
        "name": "OH BUCGEN 5 06/01/2055",
        "value": "32929474.32",
        "weight": "0.00236001",
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      {
        "name": "SOUTHEAST ENERGY-E",
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      {
        "name": "TN TNSUTL 5 12/01/2035",
        "value": "28499240.13",
        "weight": "0.00204250",
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      {
        "name": "Public Energy Auth. of Kentucky Gas Supply Rev. Refg. C",
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      {
        "name": "California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 C, RB",
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        "weight": "0.00145377",
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      {
        "name": "Puerto Rico Commonwealth Aqueduct & Sewer Authority, Series A",
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        "name": "CHICAGO ILLIN 6% 4/1/2046",
        "value": "18890444.64",
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      {
        "name": "MUNIBOND",
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      {
        "name": "PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000",
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      {
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        "weight": "0.00118420",
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      {
        "name": "TX TTFTRN 5.5 10/01/2055",
        "value": "16370516.04",
        "weight": "0.00117325",
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      {
        "name": "TN TNSUTL 5 11/01/2034",
        "value": "16071892.68",
        "weight": "0.00115185",
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      {
        "name": "NY TRANS CORP(JFK INT NEW ONE)/AGM 5.13% 6/30/60@",
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        "weight": "0.00114393",
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      {
        "name": "Southeast Energy Authority, Alabama, Revenue Bonds Cooperative District Energy Supply Series 2024C",
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      {
        "name": "NEW YORK ST URBAN DEV CORP SALES TAX REVENUE",
        "value": "15696810.00",
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      {
        "name": "NY NYEFAC 07/01/2056",
        "value": "15553968.75",
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      {
        "name": "San Francisco City & County Airport Comm-San Francisco International Airport",
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      {
        "name": "LOWER AL GAS DT-A-REF",
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      {
        "name": "State of Illinois, Series D",
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      {
        "name": "TOBACCO SETTLEMENT FING CORP N TOBGEN 06/46 FIXED 5",
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      {
        "name": "WI PUBTRN 5.75 12/31/2065",
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      {
        "name": "PENNSYLVANIA ST ECON DEV FING REGD OID B/E AMT 5.25000000",
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      },
      {
        "name": "STATE OF ILLINOIS MCCORMICK PLACE EXPANSION PROJECT FUND 4.0% 06-15-52",
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      {
        "name": "PENNSYLVANIA ST ECON DEV FING REGD B/E AMT 5.75000000",
        "value": "14373169.96",
        "weight": "0.00103011",
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      {
        "name": "Puerto Rico, General Obligation Bonds, Vintage CW NT Claims Taxable Series 2022",
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      {
        "name": "MAIN STR NAT GA 4% 9/1/2052",
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      {
        "name": "Southeast Energy Authority, Alabama, Revenue Bonds, Cooperative District Energy Supply Series 2025B",
        "value": "14355131.65",
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      },
      {
        "name": "MAIN STR NAT GA 5% MT",
        "value": "14222939.55",
        "weight": "0.00101934",
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      },
      {
        "name": "Black Belt Energy Gas District, Series D-1",
        "value": "14178203.36",
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      {
        "name": "TX TXSUTL 01/01/2055",
        "value": "13568832.68",
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      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000",
        "value": "13388709.79",
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      },
      {
        "name": "NEW YORK ST DO 5% 3/15/2041",
        "value": "13335564.04",
        "weight": "0.00095574",
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      },
      {
        "name": "California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB",
        "value": "13108509.88",
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      {
        "name": "California Community Choice Financing Authority, Series 2025G",
        "value": "13063507.04",
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      {
        "name": "NY TRNSPRTN DEV CRP-A",
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    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0000035402-26-003412",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/35373/000003540226003412/0000035402-26-003412-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"
    }
  ]
}