{
  "page": "compare",
  "query": {
    "a": "JCSRX",
    "b": "PCTEX"
  },
  "retrieved_at": "2026-07-07T19:12:23+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": "California Municipal Bond Fund",
    "ticker": "JCSRX",
    "slug": "JCSRX",
    "series_id": "S000000616",
    "html_url": "https://fundwatcher.app/funds/JCSRX/"
  },
  "fund_b": {
    "name": "Putnam California Tax Exempt Income Fund",
    "ticker": "PCTEX",
    "slug": "PCTEX",
    "series_id": "S000005498",
    "html_url": "https://fundwatcher.app/funds/PCTEX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.07036196459865088452863311394",
    "coverage_b_by_a": "0.07036196459865088452863311396",
    "shared_count": 33,
    "as_of": {
      "a": "2026-02-28",
      "b": "2025-09-30"
    },
    "a_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": false
      },
      {
        "name": "Sacramento (County of), CA, Series 2024, RB",
        "value": "8307894.29",
        "weight": "0.01485496",
        "shared": false
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB",
        "value": "7502653.78",
        "weight": "0.01341515",
        "shared": false
      },
      {
        "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": true
      },
      {
        "name": "CA ST UNIV-A-REF",
        "value": "6625471.20",
        "weight": "0.01184670",
        "shared": false
      },
      {
        "name": "JH COLLATERAL",
        "value": "6047084.38",
        "weight": "0.01081251",
        "shared": false
      },
      {
        "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": false
      },
      {
        "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": false
      },
      {
        "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",
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      },
      {
        "name": "Los Angeles (City of), CA, Series 2025, RB",
        "value": "4402021.60",
        "weight": "0.00787105",
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      },
      {
        "name": "CA CCEDEV 5 03/01/2036",
        "value": "4358994.80",
        "weight": "0.00779412",
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      },
      {
        "name": "CALIFORNIA ENTERPRISE DEVELOPM CASDEV 06/40 FIXED OID 4",
        "value": "4206375.94",
        "weight": "0.00752123",
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      },
      {
        "name": "CA ST UNIV-A-REF",
        "value": "3974664.05",
        "weight": "0.00710691",
        "shared": false
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      {
        "name": "ALVORD USD-B-CABS",
        "value": "3966982.26",
        "weight": "0.00709318",
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      {
        "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": true
      },
      {
        "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": false
      },
      {
        "name": "Puerto Rico, General Obligation Bonds, Vintage CW NT Claims Taxable Series 2022",
        "value": "2790450.00",
        "weight": "0.00498947",
        "shared": false
      },
      {
        "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": false
      },
      {
        "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": false
      },
      {
        "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": true
      },
      {
        "name": "TEJON RANCH PUBLIC FACILITIES TEJFAC 09/54 FIXED 5",
        "value": "2474896.78",
        "weight": "0.00442525",
        "shared": false
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "2461069.35",
        "weight": "0.00440052",
        "shared": false
      },
      {
        "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": false
      },
      {
        "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": true
      }
    ],
    "b_top": [
      {
        "name": "California State Public Works Board (TOBs)",
        "value": "12087781.82",
        "weight": "0.01861216",
        "shared": false
      },
      {
        "name": "Los Angeles (City of), CA Department of Airports (Los Angeles International Airport), Series 2018 A, RB",
        "value": "10070397.00",
        "weight": "0.01550589",
        "shared": false
      },
      {
        "name": "CHANNELSIDE WATER RESOURCES LP 5.0% 11-21-45",
        "value": "9971921.00",
        "weight": "0.01535427",
        "shared": false
      },
      {
        "name": "FREDDIE MAC MULTIFAMILY ML CERTIFICATES SER 2019-ML05 CL ACA 3.35000000",
        "value": "9547926.01",
        "weight": "0.01470142",
        "shared": false
      },
      {
        "name": "Los Angeles Department of Airports, California, Revenue Bonds, Los Angeles International Airport, Senior Green Series 2022G",
        "value": "9147389.40",
        "weight": "0.01408469",
        "shared": false
      },
      {
        "name": "TOBACCO SECURITIZATION AUTH ST TOBGEN 06/48 FIXED 5",
        "value": "8847283.43",
        "weight": "0.01362261",
        "shared": false
      },
      {
        "name": "New Hampshire Business Finance Authority, Series 4, Class A",
        "value": "8587016.74",
        "weight": "0.01322186",
        "shared": false
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "8372567.25",
        "weight": "0.01289166",
        "shared": true
      },
      {
        "name": "Chabot-Las Positas Community College District, Series C",
        "value": "7454989.50",
        "weight": "0.01147882",
        "shared": false
      },
      {
        "name": "SAN DIEGO HSG AUTH-E",
        "value": "7407898.56",
        "weight": "0.01140631",
        "shared": false
      },
      {
        "name": "CA MUNI FIN AUTH-A",
        "value": "7399096.40",
        "weight": "0.01139276",
        "shared": false
      },
      {
        "name": "M-S-R Energy Authority, Series A",
        "value": "7358870.40",
        "weight": "0.01133082",
        "shared": false
      },
      {
        "name": "San Francisco City & County Public Utilities Commission Power, Series 2023A",
        "value": "7281961.40",
        "weight": "0.01121240",
        "shared": false
      },
      {
        "name": "Los Angeles Department of Water & Power, Series 2022A",
        "value": "7186922.40",
        "weight": "0.01106606",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST STWD CMNTYS DEV REGD B/E 5.00000000",
        "value": "7084862.40",
        "weight": "0.01090892",
        "shared": false
      },
      {
        "name": "CHF-DAVIS II LLC BAM 3.0% 05-15-51",
        "value": "6875902.40",
        "weight": "0.01058717",
        "shared": false
      },
      {
        "name": "SWEETWATER UNION HIGH SCHOOL D SWESCD 08/52 FIXED 5",
        "value": "6829308.85",
        "weight": "0.01051543",
        "shared": true
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "6752290.38",
        "weight": "0.01039684",
        "shared": false
      },
      {
        "name": "NRTHRN CA ENRGY",
        "value": "6486700.80",
        "weight": "0.00998790",
        "shared": true
      },
      {
        "name": "CA ST MFA COP 5.25% 11/1/2052",
        "value": "6137799.60",
        "weight": "0.00945068",
        "shared": false
      },
      {
        "name": "State of California",
        "value": "5927892.48",
        "weight": "0.00912747",
        "shared": false
      },
      {
        "name": "CA MUN FIN AUTH",
        "value": "5866847.25",
        "weight": "0.00903348",
        "shared": false
      },
      {
        "name": "LOS ANGELES DEPT OF W",
        "value": "5836893.52",
        "weight": "0.00898736",
        "shared": false
      },
      {
        "name": "Alameda Corridor Transportation Authority, Series 2022A",
        "value": "5763793.00",
        "weight": "0.00887480",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series F",
        "value": "5448405.50",
        "weight": "0.00838918",
        "shared": true
      },
      {
        "name": "CSCDA Community Improvement Authority, Series 2021 A-2",
        "value": "5378152.99",
        "weight": "0.00828101",
        "shared": true
      },
      {
        "name": "Long Beach (City of), CA Bond Finance Authority, Series 2007 A, RB",
        "value": "5338188.50",
        "weight": "0.00821948",
        "shared": false
      },
      {
        "name": "CSCDA Community Improvement Authority, Series A-2",
        "value": "5293881.84",
        "weight": "0.00815126",
        "shared": false
      },
      {
        "name": "CHF-RIVERSIDE I LLC 5.0% 05-15-43",
        "value": "5225181.39",
        "weight": "0.00804547",
        "shared": false
      },
      {
        "name": "California (State of) School Finance Authority (Green Dot Public Schools), Series 2018 A, RB",
        "value": "5204268.83",
        "weight": "0.00801327",
        "shared": false
      },
      {
        "name": "California Community Housing Agency, Series A-1",
        "value": "5184688.00",
        "weight": "0.00798312",
        "shared": false
      },
      {
        "name": "CA MUNI FIN AUTH-A",
        "value": "5050197.00",
        "weight": "0.00777604",
        "shared": false
      },
      {
        "name": "California Infrastructure & Economic Development Bank, Series 2022 B",
        "value": "5022498.00",
        "weight": "0.00773339",
        "shared": false
      },
      {
        "name": "GOLDEN ST TOBACCO SECURITIZATI REGD B/E 5.00000000",
        "value": "4935576.00",
        "weight": "0.00759955",
        "shared": true
      },
      {
        "name": "California County Tobacco Securitization Agency, Series 2014",
        "value": "4852984.00",
        "weight": "0.00747238",
        "shared": true
      },
      {
        "name": "SF BART/MTC 3% 8/1/49",
        "value": "4804550.24",
        "weight": "0.00739781",
        "shared": false
      },
      {
        "name": "Grays Harbor Public Hospital District 1, Washington, Revenue Bonds, Summit Pacific Medial Center Series 2023",
        "value": "4750781.90",
        "weight": "0.00731502",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST HLTH FACS FING AUTH REVENUE",
        "value": "4674062.86",
        "weight": "0.00719689",
        "shared": false
      },
      {
        "name": "FREDDIE MAC MULTIFAMILY ML CERTIFICATES SER 2024-ML25 CL ACA V/R 3.54109800",
        "value": "4669437.25",
        "weight": "0.00718977",
        "shared": false
      },
      {
        "name": "COLBURN SCHOOL (MPT) 1.75% 08-01-55",
        "value": "4534765.56",
        "weight": "0.00698241",
        "shared": false
      },
      {
        "name": "HUMANGOOD CALIFORNIA OBLIGATED GROUP 4.0% 10-01-44",
        "value": "4402904.50",
        "weight": "0.00677937",
        "shared": false
      },
      {
        "name": "City of Los Angeles CA",
        "value": "4388005.28",
        "weight": "0.00675643",
        "shared": false
      },
      {
        "name": "INDIO PUB FING AUTH-A",
        "value": "4324772.80",
        "weight": "0.00665907",
        "shared": false
      },
      {
        "name": "South Tahoe Joint Powers Financing Authority, Series 2023 A, RB",
        "value": "4284876.40",
        "weight": "0.00659764",
        "shared": false
      },
      {
        "name": "California (State of) Educational Facilities Authority (University of the Pacific), Series 2023, RB",
        "value": "4147046.80",
        "weight": "0.00638542",
        "shared": true
      },
      {
        "name": "California Community Housing Agency, Series 2020 A",
        "value": "4021399.26",
        "weight": "0.00619195",
        "shared": false
      },
      {
        "name": "California (State of) School Finance Authority (Granada Hills Charter Obligated Group), Series 2019, RB",
        "value": "4019614.96",
        "weight": "0.00618920",
        "shared": false
      },
      {
        "name": "SAN FRANCISCO BAY-F1",
        "value": "3882803.16",
        "weight": "0.00597855",
        "shared": false
      },
      {
        "name": "Putnam Short Term Investment Fund, Class P",
        "value": "3843562.07",
        "weight": "0.00591813",
        "shared": false
      },
      {
        "name": "S TAHOE CA JT PWRS FING AUTH L STHPWR 10/48 FIXED 5.25",
        "value": "3773588.00",
        "weight": "0.00581038",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "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"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0002071691-25-006482",
      "as_of": "2025-09-30",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/711402/000207169125006482/0002071691-25-006482-index.htm"
    }
  ]
}