{
  "page": "compare",
  "query": {
    "a": "GSMIX",
    "b": "FSMUX"
  },
  "retrieved_at": "2026-07-07T15:40:53+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": "Goldman Sachs Dynamic Municipal Income Fund",
    "ticker": "GSMIX",
    "slug": "GSMIX",
    "series_id": "S000009252",
    "html_url": "https://fundwatcher.app/funds/GSMIX/"
  },
  "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": "0.08706251687790015772256489353",
    "coverage_b_by_a": "0.08706251687790015772256489353",
    "shared_count": 593,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-02-28"
    },
    "a_top": [
      {
        "name": "RESTRUCTURED-SER A-2",
        "value": "125572443.85",
        "weight": "0.01077754",
        "shared": true
      },
      {
        "name": "Goldman Sachs Trust - Goldman Sachs Financial Square Treasury Instruments Fund",
        "value": "88028148.50",
        "weight": "0.00755522",
        "shared": false
      },
      {
        "name": "MASSACHUSETTS ST",
        "value": "67154672.00",
        "weight": "0.00576370",
        "shared": false
      },
      {
        "name": "BANNER HEALTH OBLIGATED GROUP (MPT) FRN 01-01-37",
        "value": "62337147.09",
        "weight": "0.00535023",
        "shared": true
      },
      {
        "name": "SOUTHEAST ENERGY-E",
        "value": "58995391.92",
        "weight": "0.00506342",
        "shared": true
      },
      {
        "name": "SOUTHEAST ALA PREP 5% MT",
        "value": "52633165.00",
        "weight": "0.00451736",
        "shared": false
      },
      {
        "name": "CHICAGO ILLIN 6% 4/1/2046",
        "value": "49308408.28",
        "weight": "0.00423201",
        "shared": true
      },
      {
        "name": "TX ST MUNI GAS-C",
        "value": "44761889.18",
        "weight": "0.00384179",
        "shared": true
      },
      {
        "name": "NEW YORK ST DORM AUTH ST PERSO NEW YORK STATE DORMITORY AUTHORITY",
        "value": "40678965.11",
        "weight": "0.00349137",
        "shared": false
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000",
        "value": "39273133.00",
        "weight": "0.00337071",
        "shared": true
      },
      {
        "name": "Detroit, Wayne County, Michigan, General Obligation Bonds, Financial Recovery Series 2014B-1",
        "value": "38924948.73",
        "weight": "0.00334082",
        "shared": false
      },
      {
        "name": "RESTRUCTURED-SER A-2-",
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        "weight": "0.00320242",
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      },
      {
        "name": "MAIN STR NAT GA 5% MT",
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        "weight": "0.00313907",
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      },
      {
        "name": "MIATRN 5 10/1/2038",
        "value": "34672917.51",
        "weight": "0.00297588",
        "shared": false
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR PUERTO RICO SALES TAX FINANCING CORP SALES TAX REV",
        "value": "34063376.63",
        "weight": "0.00292357",
        "shared": true
      },
      {
        "name": "DENVER CO UAL LEASE AMT 5.0% 10-01-32",
        "value": "32384457.69",
        "weight": "0.00277947",
        "shared": true
      },
      {
        "name": "Main Street Natural Gas, Inc., Series 2025B",
        "value": "31493685.00",
        "weight": "0.00270302",
        "shared": false
      },
      {
        "name": "TOBACCO SETTLEMENT FING CORP V TOBGEN 06/47 ZEROCPNOID 0",
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        "weight": "0.00261841",
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      },
      {
        "name": "Jefferson (County of), AL, Series 2024, Ref. Revenue Wts.",
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        "weight": "0.00248624",
        "shared": true
      },
      {
        "name": "Louisiana Publics Facilities Authority, Louisiana, Revenue Bonds, I-10 Calcasieu River Bridge Public-Private Partnership Project, Senior Lien Series 2",
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        "weight": "0.00246046",
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      {
        "name": "NYC TRANSITIONAL-C-1",
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        "weight": "0.00231881",
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      {
        "name": "Puerto Rico Commonwealth Aqueduct & Sewer Authority, Series A",
        "value": "26750059.58",
        "weight": "0.00229589",
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      },
      {
        "name": "TX TAREDU 11/15/2055",
        "value": "26599877.23",
        "weight": "0.00228300",
        "shared": false
      },
      {
        "name": "Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2025A",
        "value": "26457017.50",
        "weight": "0.00227073",
        "shared": true
      },
      {
        "name": "State of Illinois, Series D",
        "value": "26429618.94",
        "weight": "0.00226838",
        "shared": true
      },
      {
        "name": "San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2019 A, RB",
        "value": "26372002.15",
        "weight": "0.00226344",
        "shared": false
      },
      {
        "name": "TRIBOROUGH NY BRIDGE   TUNNEL TRBTRN 03/28 FIXED 5",
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        "weight": "0.00224438",
        "shared": false
      },
      {
        "name": "TRIBOROUGH NY BRIDGE & TUNNEL TRIBOROUGH BRIDGE & TUNNEL AUTHORITY",
        "value": "26065050.00",
        "weight": "0.00223709",
        "shared": false
      },
      {
        "name": "BATTERY PARK-REF",
        "value": "25968967.50",
        "weight": "0.00222885",
        "shared": false
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      {
        "name": "MAIN STR NAT GA(RCC) 5% 9/1/30MT 53",
        "value": "25757702.60",
        "weight": "0.00221071",
        "shared": true
      },
      {
        "name": "STATE OF NEW YORK PERSONAL INCOME TAX REVENUE 4.0% 03-15-43",
        "value": "25699944.57",
        "weight": "0.00220576",
        "shared": false
      },
      {
        "name": "STATE OF HAWAII DEPARTMENT OF BUDGET & FINANCE 3.1% 05-01-26",
        "value": "25337295.53",
        "weight": "0.00217463",
        "shared": false
      },
      {
        "name": "ST LUKE'S HOSPITAL OBLIGATED GROUP 5.0% 08-15-46",
        "value": "24863369.47",
        "weight": "0.00213396",
        "shared": false
      },
      {
        "name": "Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2025B",
        "value": "24397516.37",
        "weight": "0.00209397",
        "shared": true
      },
      {
        "name": "SOUTHEAST ENERGY AUTH VAR",
        "value": "24328937.70",
        "weight": "0.00208809",
        "shared": true
      },
      {
        "name": "MI STRAT FND 4.25% 12/31/2038@",
        "value": "24169254.90",
        "weight": "0.00207438",
        "shared": false
      },
      {
        "name": "NY NYCDEV 5 11/15/2044",
        "value": "23860653.76",
        "weight": "0.00204790",
        "shared": true
      },
      {
        "name": "PIEDMONT SC MUNI PWR AGY ELEC REVENUE",
        "value": "23369709.30",
        "weight": "0.00200576",
        "shared": false
      },
      {
        "name": "STHRN CALIFORNIA ST PUBLIC PWR SOUTHERN CALIFORNIA PUBLIC POWER AUTHORITY",
        "value": "22782751.89",
        "weight": "0.00195538",
        "shared": true
      },
      {
        "name": "MUNIBOND",
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        "weight": "0.00192218",
        "shared": true
      },
      {
        "name": "FLORIDA ST DEV FIN CORP REGD V/R B/E AMT 10.00000000",
        "value": "22155900.00",
        "weight": "0.00190158",
        "shared": false
      },
      {
        "name": "Miami-Dade (County of), FL, Series 2017 B, Ref. RB",
        "value": "22030283.18",
        "weight": "0.00189080",
        "shared": true
      },
      {
        "name": "SALT LAKE CITY UT PUBLIC UTILS REVENUE",
        "value": "21839147.36",
        "weight": "0.00187440",
        "shared": false
      },
      {
        "name": "RESTRUCTURED-SER A-2",
        "value": "21779678.88",
        "weight": "0.00186929",
        "shared": true
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000",
        "value": "21625601.97",
        "weight": "0.00185607",
        "shared": true
      },
      {
        "name": "NY TRANS CORP 5% 7/1/46 @",
        "value": "21423954.46",
        "weight": "0.00183876",
        "shared": true
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000",
        "value": "21360889.43",
        "weight": "0.00183335",
        "shared": true
      },
      {
        "name": "NORTHWESTERN MEMORIAL HEALTHCARE OBLIGATED GROUP 4.0% 07-15-47",
        "value": "21356506.98",
        "weight": "0.00183297",
        "shared": true
      },
      {
        "name": "California Community Choice Financing Authority, Series 2026 A-1",
        "value": "21141992.00",
        "weight": "0.00181456",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST HLTH FACS FING AUTH REVENUE",
        "value": "20948950.00",
        "weight": "0.00179799",
        "shared": false
      }
    ],
    "b_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",
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      {
        "name": "Franklin Federal Tax Free Income R6",
        "value": "656439810.79",
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        "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",
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        "weight": "0.02314040",
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      },
      {
        "name": "VANGUARD TAX-EXM",
        "value": "310440040.35",
        "weight": "0.02224883",
        "shared": false
      },
      {
        "name": "DWS Managed Municipal Bond S",
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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",
        "weight": "0.01747494",
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      {
        "name": "American High-Income Municipal Bond F-2",
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      {
        "name": "Fidelity Municipal Cash Central Fund",
        "value": "80023976.23",
        "weight": "0.00573521",
        "shared": false
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      {
        "name": "Invesco Government & Agency Portfolio, Institutional Class",
        "value": "40242334.91",
        "weight": "0.00288412",
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      {
        "name": "MAIN STR NAT GA 4% 07/01/2052 MT",
        "value": "37437239.06",
        "weight": "0.00268308",
        "shared": true
      },
      {
        "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",
        "shared": false
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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",
        "weight": "0.00135385",
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      {
        "name": "MUNIBOND",
        "value": "18270368.41",
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      {
        "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
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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",
        "shared": false
      },
      {
        "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",
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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",
        "value": "15006124.16",
        "weight": "0.00107547",
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      },
      {
        "name": "TOBACCO SETTLEMENT FING CORP N TOBGEN 06/46 FIXED 5",
        "value": "14988320.72",
        "weight": "0.00107419",
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      },
      {
        "name": "WI PUBTRN 5.75 12/31/2065",
        "value": "14578761.47",
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      },
      {
        "name": "PENNSYLVANIA ST ECON DEV FING REGD OID B/E AMT 5.25000000",
        "value": "14489270.33",
        "weight": "0.00103843",
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      },
      {
        "name": "STATE OF ILLINOIS MCCORMICK PLACE EXPANSION PROJECT FUND 4.0% 06-15-52",
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        "weight": "0.00103776",
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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",
        "value": "14359374.05",
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      },
      {
        "name": "MAIN STR NAT GA 4% 9/1/2052",
        "value": "14357702.49",
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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",
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        "weight": "0.00101934",
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      },
      {
        "name": "Black Belt Energy Gas District, Series D-1",
        "value": "14178203.36",
        "weight": "0.00101613",
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      },
      {
        "name": "TX TXSUTL 01/01/2055",
        "value": "13568832.68",
        "weight": "0.00097246",
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      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000",
        "value": "13388709.79",
        "weight": "0.00095955",
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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",
        "weight": "0.00093947",
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      },
      {
        "name": "California Community Choice Financing Authority, Series 2025G",
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      {
        "name": "NY TRNSPRTN DEV CRP-A",
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    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0000940400-26-022103",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/822977/000094040026022103/0000940400-26-022103-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"
    }
  ]
}