{
  "page": "compare",
  "query": {
    "a": "FSMUX",
    "b": "MISHX"
  },
  "retrieved_at": "2026-07-07T18:24:13+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": "Strategic Advisers Municipal Bond Fund",
    "ticker": "FSMUX",
    "slug": "FSMUX",
    "series_id": "S000072234",
    "html_url": "https://fundwatcher.app/funds/FSMUX/"
  },
  "fund_b": {
    "name": "AB Municipal Income Shares",
    "ticker": "MISHX",
    "slug": "MISHX",
    "series_id": "S000029560",
    "html_url": "https://fundwatcher.app/funds/MISHX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.1182534870540794406826327155",
    "coverage_b_by_a": "0.1182534870540794406826327157",
    "shared_count": 696,
    "as_of": {
      "a": "2026-02-28",
      "b": "2026-01-31"
    },
    "a_top": [
      {
        "name": "Allspring Municipal Bond Admin",
        "value": "865145655.00",
        "weight": "0.06200385",
        "shared": false
      },
      {
        "name": "Vanguard Long-Term Tax-Exempt Adm",
        "value": "694526934.51",
        "weight": "0.04977583",
        "shared": false
      },
      {
        "name": "Franklin Federal Tax Free Income R6",
        "value": "656439810.79",
        "weight": "0.04704618",
        "shared": false
      },
      {
        "name": "MONEY MARKET FUND",
        "value": "482309091.20",
        "weight": "0.03456646",
        "shared": false
      },
      {
        "name": "ISHARES NATIONAL MUNI BOND ETF ISHARES NATIONAL MUNI BOND E",
        "value": "322880269.60",
        "weight": "0.02314040",
        "shared": false
      },
      {
        "name": "VANGUARD TAX-EXM",
        "value": "310440040.35",
        "weight": "0.02224883",
        "shared": false
      },
      {
        "name": "DWS Managed Municipal Bond S",
        "value": "306113111.12",
        "weight": "0.02193872",
        "shared": false
      },
      {
        "name": "FIDELITY SAI ENHANCED MUNICIPAL INCOME FUND",
        "value": "259260993.15",
        "weight": "0.01858089",
        "shared": false
      },
      {
        "name": "BlackRock National Municipal Inv A",
        "value": "259004967.65",
        "weight": "0.01856254",
        "shared": false
      },
      {
        "name": "Eaton Vance National Municipal Income I",
        "value": "243829535.70",
        "weight": "0.01747494",
        "shared": false
      },
      {
        "name": "American High-Income Municipal Bond F-2",
        "value": "155640780.16",
        "weight": "0.01115457",
        "shared": false
      },
      {
        "name": "Fidelity Municipal Cash Central Fund",
        "value": "80023976.23",
        "weight": "0.00573521",
        "shared": false
      },
      {
        "name": "Invesco Government & Agency Portfolio, Institutional Class",
        "value": "40242334.91",
        "weight": "0.00288412",
        "shared": false
      },
      {
        "name": "MAIN STR NAT GA 4% 07/01/2052 MT",
        "value": "37437239.06",
        "weight": "0.00268308",
        "shared": false
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD OID B/E 4.75000000",
        "value": "33883883.53",
        "weight": "0.00242841",
        "shared": true
      },
      {
        "name": "OH BUCGEN 5 06/01/2055",
        "value": "32929474.32",
        "weight": "0.00236001",
        "shared": true
      },
      {
        "name": "SOUTHEAST ENERGY-E",
        "value": "31490389.35",
        "weight": "0.00225687",
        "shared": true
      },
      {
        "name": "TN TNSUTL 5 12/01/2035",
        "value": "28499240.13",
        "weight": "0.00204250",
        "shared": true
      },
      {
        "name": "Public Energy Auth. of Kentucky Gas Supply Rev. Refg. C",
        "value": "20993906.34",
        "weight": "0.00150461",
        "shared": true
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 C, RB",
        "value": "20284645.40",
        "weight": "0.00145377",
        "shared": true
      },
      {
        "name": "Puerto Rico Commonwealth Aqueduct & Sewer Authority, Series A",
        "value": "20125969.14",
        "weight": "0.00144240",
        "shared": false
      },
      {
        "name": "CHICAGO ILLIN 6% 4/1/2046",
        "value": "18890444.64",
        "weight": "0.00135385",
        "shared": false
      },
      {
        "name": "MUNIBOND",
        "value": "18270368.41",
        "weight": "0.00130941",
        "shared": true
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000",
        "value": "18207752.42",
        "weight": "0.00130493",
        "shared": true
      },
      {
        "name": "MAIN STR NAT GA(RCC) 5% 9/1/30MT 53",
        "value": "16523209.13",
        "weight": "0.00118420",
        "shared": true
      },
      {
        "name": "TX TTFTRN 5.5 10/01/2055",
        "value": "16370516.04",
        "weight": "0.00117325",
        "shared": false
      },
      {
        "name": "TN TNSUTL 5 11/01/2034",
        "value": "16071892.68",
        "weight": "0.00115185",
        "shared": true
      },
      {
        "name": "NY TRANS CORP(JFK INT NEW ONE)/AGM 5.13% 6/30/60@",
        "value": "15961418.43",
        "weight": "0.00114393",
        "shared": false
      },
      {
        "name": "Southeast Energy Authority, Alabama, Revenue Bonds Cooperative District Energy Supply Series 2024C",
        "value": "15885729.16",
        "weight": "0.00113851",
        "shared": true
      },
      {
        "name": "NEW YORK ST URBAN DEV CORP SALES TAX REVENUE",
        "value": "15696810.00",
        "weight": "0.00112497",
        "shared": false
      },
      {
        "name": "NY NYEFAC 07/01/2056",
        "value": "15553968.75",
        "weight": "0.00111473",
        "shared": true
      },
      {
        "name": "San Francisco City & County Airport Comm-San Francisco International Airport",
        "value": "15330517.33",
        "weight": "0.00109872",
        "shared": false
      },
      {
        "name": "LOWER AL GAS DT-A-REF",
        "value": "15111818.57",
        "weight": "0.00108304",
        "shared": false
      },
      {
        "name": "State of Illinois, Series D",
        "value": "15006124.16",
        "weight": "0.00107547",
        "shared": false
      },
      {
        "name": "TOBACCO SETTLEMENT FING CORP N TOBGEN 06/46 FIXED 5",
        "value": "14988320.72",
        "weight": "0.00107419",
        "shared": true
      },
      {
        "name": "WI PUBTRN 5.75 12/31/2065",
        "value": "14578761.47",
        "weight": "0.00104484",
        "shared": true
      },
      {
        "name": "PENNSYLVANIA ST ECON DEV FING REGD OID B/E AMT 5.25000000",
        "value": "14489270.33",
        "weight": "0.00103843",
        "shared": false
      },
      {
        "name": "STATE OF ILLINOIS MCCORMICK PLACE EXPANSION PROJECT FUND 4.0% 06-15-52",
        "value": "14479978.80",
        "weight": "0.00103776",
        "shared": false
      },
      {
        "name": "PENNSYLVANIA ST ECON DEV FING REGD B/E AMT 5.75000000",
        "value": "14373169.96",
        "weight": "0.00103011",
        "shared": true
      },
      {
        "name": "Puerto Rico, General Obligation Bonds, Vintage CW NT Claims Taxable Series 2022",
        "value": "14359374.05",
        "weight": "0.00102912",
        "shared": true
      },
      {
        "name": "MAIN STR NAT GA 4% 9/1/2052",
        "value": "14357702.49",
        "weight": "0.00102900",
        "shared": false
      },
      {
        "name": "Southeast Energy Authority, Alabama, Revenue Bonds, Cooperative District Energy Supply Series 2025B",
        "value": "14355131.65",
        "weight": "0.00102881",
        "shared": false
      },
      {
        "name": "MAIN STR NAT GA 5% MT",
        "value": "14222939.55",
        "weight": "0.00101934",
        "shared": true
      },
      {
        "name": "Black Belt Energy Gas District, Series D-1",
        "value": "14178203.36",
        "weight": "0.00101613",
        "shared": false
      },
      {
        "name": "TX TXSUTL 01/01/2055",
        "value": "13568832.68",
        "weight": "0.00097246",
        "shared": true
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000",
        "value": "13388709.79",
        "weight": "0.00095955",
        "shared": true
      },
      {
        "name": "NEW YORK ST DO 5% 3/15/2041",
        "value": "13335564.04",
        "weight": "0.00095574",
        "shared": false
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB",
        "value": "13108509.88",
        "weight": "0.00093947",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series 2025G",
        "value": "13063507.04",
        "weight": "0.00093624",
        "shared": true
      },
      {
        "name": "NY TRNSPRTN DEV CRP-A",
        "value": "13029440.89",
        "weight": "0.00093380",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "AB Fixed Income Shares, Inc. - Government Money Market Portfolio",
        "value": "843846105.97",
        "weight": "0.04767491",
        "shared": false
      },
      {
        "name": "USD-SOFR-OIS Compound---20350226",
        "value": "165710354.45",
        "weight": "0.00936217",
        "shared": false
      },
      {
        "name": "WI PUBTRN 5.75 12/31/2065",
        "value": "146636415.14",
        "weight": "0.00828454",
        "shared": true
      },
      {
        "name": "OH BUCGEN 5 06/01/2055",
        "value": "119568389.47",
        "weight": "0.00675527",
        "shared": true
      },
      {
        "name": "TOBACCO SETTLEMENT FING CORP N TOBGEN 06/46 FIXED 5",
        "value": "114385964.24",
        "weight": "0.00646248",
        "shared": true
      },
      {
        "name": "SOUTHEAST ENERGY-E",
        "value": "112745212.26",
        "weight": "0.00636978",
        "shared": true
      },
      {
        "name": "WI PUBTRN 5.75 06/30/2060",
        "value": "107340707.01",
        "weight": "0.00606445",
        "shared": true
      },
      {
        "name": "COLORADO ST HLTH FACS AUTH REV REGD B/E 5.00000000",
        "value": "95758379.75",
        "weight": "0.00541008",
        "shared": true
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 C, RB",
        "value": "95572138.24",
        "weight": "0.00539955",
        "shared": true
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "93608761.22",
        "weight": "0.00528863",
        "shared": false
      },
      {
        "name": "Tender Option Bond Trust Receipts/Certificates",
        "value": "83612388.55",
        "weight": "0.00472386",
        "shared": true
      },
      {
        "name": "Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2024B",
        "value": "74219736.85",
        "weight": "0.00419320",
        "shared": true
      },
      {
        "name": "SOUTHEST ENERGY (BP) 5.25% 11/1/35 MT",
        "value": "73080770.41",
        "weight": "0.00412886",
        "shared": false
      },
      {
        "name": "ARC70 II TR CA",
        "value": "69526381.89",
        "weight": "0.00392804",
        "shared": false
      },
      {
        "name": "Louisiana (State of) Public Facilities Authority (I-10 Calcasieu River Bridge), Series 2024, RB",
        "value": "68537811.03",
        "weight": "0.00387219",
        "shared": true
      },
      {
        "name": "WI PUBTRN 6.5 12/31/2065",
        "value": "66596178.78",
        "weight": "0.00376250",
        "shared": true
      },
      {
        "name": "TN TNSUTL 5 12/01/2035",
        "value": "66332815.51",
        "weight": "0.00374762",
        "shared": true
      },
      {
        "name": "TX TXSUTL 01/01/2055",
        "value": "65101442.95",
        "weight": "0.00367805",
        "shared": true
      },
      {
        "name": "Black Belt Energy Gas District, Series 2025, RB",
        "value": "64624197.60",
        "weight": "0.00365108",
        "shared": false
      },
      {
        "name": "NY TRANS CORP 5% 6/30/2060 @",
        "value": "60990523.48",
        "weight": "0.00344579",
        "shared": true
      },
      {
        "name": "NY NYTTRN 5.5 06/30/2060",
        "value": "59768913.74",
        "weight": "0.00337677",
        "shared": false
      },
      {
        "name": "NY TRANSPRTN DEV CORP",
        "value": "59546063.18",
        "weight": "0.00336418",
        "shared": true
      },
      {
        "name": "DESERTXPRESS ENTERPRISES LLC (MPT) 12.0% 01-01-65",
        "value": "58725000.00",
        "weight": "0.00331780",
        "shared": false
      },
      {
        "name": "MAIN STR NAT GA 5% MT",
        "value": "58516268.32",
        "weight": "0.00330600",
        "shared": true
      },
      {
        "name": "BLACK BELT ENERGY GAS DISTRICT (MPT) 5.0% 03-01-55",
        "value": "58276859.36",
        "weight": "0.00329248",
        "shared": true
      },
      {
        "name": "TEXAS TRANSPORTATION COMMISSIO TXSTRN 08/57 FIXED 5",
        "value": "56588413.71",
        "weight": "0.00319708",
        "shared": true
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 D, RB",
        "value": "54309693.65",
        "weight": "0.00306834",
        "shared": true
      },
      {
        "name": "Southeast Alabama Gas Supply District (The), Series A",
        "value": "53903929.94",
        "weight": "0.00304542",
        "shared": true
      },
      {
        "name": "UNITED AIRLINES INC 5.5% 07-15-37",
        "value": "53768053.82",
        "weight": "0.00303774",
        "shared": true
      },
      {
        "name": "LN HLDG-1-RCPT",
        "value": "52700000.00",
        "weight": "0.00297740",
        "shared": false
      },
      {
        "name": "PUBLIC FIN AUTH WI REVENUE",
        "value": "52684809.30",
        "weight": "0.00297654",
        "shared": false
      },
      {
        "name": "TEXAS ST MUNI GAS ACQUISITION& TEXAS MUNICIPAL GAS ACQUISITION & SUPPLY CORP IV",
        "value": "52468724.59",
        "weight": "0.00296433",
        "shared": true
      },
      {
        "name": "MARYLAND ST ECON DEV CORP PRIV REGD B/E AMT 5.25000000",
        "value": "52011186.62",
        "weight": "0.00293848",
        "shared": true
      },
      {
        "name": "California Community Choice Financing Authority, Series 2023 E-1",
        "value": "51965215.33",
        "weight": "0.00293589",
        "shared": true
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000",
        "value": "51140859.58",
        "weight": "0.00288931",
        "shared": true
      },
      {
        "name": "State of Colorado, Series B",
        "value": "50562410.00",
        "weight": "0.00285663",
        "shared": false
      },
      {
        "name": "BLACK BELT ENERGY GAS VAR",
        "value": "50103825.31",
        "weight": "0.00283072",
        "shared": true
      },
      {
        "name": "NY TRNSPRTN DEV CRP-A",
        "value": "49912964.84",
        "weight": "0.00281994",
        "shared": true
      },
      {
        "name": "BLACK BELT ENERGY GAS VAR",
        "value": "48792021.65",
        "weight": "0.00275661",
        "shared": false
      },
      {
        "name": "TN TNSUTL 5 11/01/2034",
        "value": "48076200.99",
        "weight": "0.00271617",
        "shared": true
      },
      {
        "name": "MAIN STR NAT GA 5% MT",
        "value": "47675106.69",
        "weight": "0.00269351",
        "shared": true
      },
      {
        "name": "TX PRIVATE ACTIVITY",
        "value": "46842963.18",
        "weight": "0.00264649",
        "shared": true
      },
      {
        "name": "CHICAGO IL BRD OF EDU REGD B/E 6.00000000",
        "value": "45806202.28",
        "weight": "0.00258792",
        "shared": false
      },
      {
        "name": "S E ENERGY-B-REV",
        "value": "45421808.54",
        "weight": "0.00256620",
        "shared": true
      },
      {
        "name": "VIRGINIA SMALL BUSINESS FING A VASDEV 12/56 FIXED 5",
        "value": "44555872.68",
        "weight": "0.00251728",
        "shared": true
      },
      {
        "name": "TENNERGY CORP TN GAS REVENUE TENNERGY CORP/TN",
        "value": "44529577.51",
        "weight": "0.00251579",
        "shared": true
      },
      {
        "name": "NE CENPWR 08/01/2055",
        "value": "43506019.35",
        "weight": "0.00245797",
        "shared": true
      },
      {
        "name": "California (State of) Housing Finance Agency (Social Certificates), Series 2021-2A, Revenue Ctfs.",
        "value": "42699274.04",
        "weight": "0.00241239",
        "shared": false
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000",
        "value": "42694836.36",
        "weight": "0.00241214",
        "shared": true
      },
      {
        "name": "TX MUNI GAS ACQ VI",
        "value": "42410768.36",
        "weight": "0.00239609",
        "shared": true
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "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"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0001410368-26-032466",
      "as_of": "2026-01-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1274676/000141036826032466/0001410368-26-032466-index.htm"
    }
  ]
}