{
  "page": "compare",
  "query": {
    "a": "LMSFX",
    "b": "TSSAX"
  },
  "retrieved_at": "2026-07-07T19:32:54+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": "Federated Hermes Municipal Bond Fund, Inc.",
    "ticker": "LMSFX",
    "slug": "LMSFX",
    "series_id": "S000009070",
    "html_url": "https://fundwatcher.app/funds/LMSFX/"
  },
  "fund_b": {
    "name": "Thornburg Strategic Municipal Income Fund",
    "ticker": "TSSAX",
    "slug": "TSSAX",
    "series_id": "S000025152",
    "html_url": "https://fundwatcher.app/funds/TSSAX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.05823039923965795986181306176",
    "coverage_b_by_a": "0.05823039923965795986181306176",
    "shared_count": 13,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-03-31"
    },
    "a_top": [
      {
        "name": "PUBLIC FIN AUTH WI HLTHCARE SYS REVENUE",
        "value": "3450000.00",
        "weight": "0.01610368",
        "shared": false
      },
      {
        "name": "IL ILS 5.25 04/01/2044",
        "value": "3165055.50",
        "weight": "0.01477363",
        "shared": false
      },
      {
        "name": "SLT LAKE U 5.50% 7/1/2050@",
        "value": "3164264.40",
        "weight": "0.01476994",
        "shared": true
      },
      {
        "name": "HUTTO TX INDEP SCH DIST REGD B/E PSF-GTD 5.00000000",
        "value": "3103199.70",
        "weight": "0.01448491",
        "shared": false
      },
      {
        "name": "LOUISIANA STADIUM & EXPOSITION REGD B/E 5.00000000",
        "value": "3080191.20",
        "weight": "0.01437751",
        "shared": false
      },
      {
        "name": "MA ST TRANS REV 5% 6/1/52",
        "value": "3079880.40",
        "weight": "0.01437606",
        "shared": false
      },
      {
        "name": "Indianapolis Local Public Improvement Bond Bank, Series 2023, RB",
        "value": "3076459.80",
        "weight": "0.01436009",
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      },
      {
        "name": "Black Belt Energy Gas District, Series B",
        "value": "2995416.60",
        "weight": "0.01398180",
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      },
      {
        "name": "State of Minnesota",
        "value": "2761913.67",
        "weight": "0.01289187",
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      },
      {
        "name": "City of Boston MA, Series 2025, GO Bonds",
        "value": "2761510.25",
        "weight": "0.01288999",
        "shared": false
      },
      {
        "name": "BIRMINGHAM SPL CARE-A",
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      },
      {
        "name": "City of Charlotte NC Airport Revenue",
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        "weight": "0.01158408",
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      },
      {
        "name": "HONOLULU CITY & CNTY HI",
        "value": "2271048.40",
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      },
      {
        "name": "CHERRY CREEK SD#5",
        "value": "2200796.60",
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      },
      {
        "name": "Tarrant County Cultural Education Facilities Finance Corp. (Christus Health), Series 2024 A, RB",
        "value": "2178942.00",
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      },
      {
        "name": "OMAHA PUB PWR DIST-A",
        "value": "2145910.00",
        "weight": "0.01001653",
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      },
      {
        "name": "PENNSYLVANIA ST",
        "value": "2142923.40",
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      },
      {
        "name": "LOS ANGELES UNIF SD",
        "value": "2130842.80",
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      },
      {
        "name": "City of Charlotte NC Water & Sewer System Revenue",
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        "weight": "0.00984884",
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      },
      {
        "name": "NY NYCUTL 5.25 06/15/2052",
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      {
        "name": "PHILA PA 5% 2/1/2039",
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      {
        "name": "KENTUCKY ST PUBLIC ENERGY AUTH REGD V/R B/E 3.72590000",
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      },
      {
        "name": "Wayne County Airport Authority",
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        "weight": "0.00973268",
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      },
      {
        "name": "Washington (State of), Series 2025 A, GO Bonds",
        "value": "2077561.40",
        "weight": "0.00969750",
        "shared": false
      },
      {
        "name": "LAKEWOOD RANCH STEWARDSHIP DISTRICT SERIES 2025 ASSESSMENT SOUTHEAST 6.0% 05-01-56",
        "value": "2065922.00",
        "weight": "0.00964317",
        "shared": false
      },
      {
        "name": "COUNTY OF LOUDOUN VA",
        "value": "2063647.00",
        "weight": "0.00963255",
        "shared": false
      },
      {
        "name": "IL ST TOLL HWY AUTH-A",
        "value": "2062989.00",
        "weight": "0.00962948",
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      },
      {
        "name": "TX MUN GAS ACQ and SUPPLY CORP IGAS SUPPLY REV SR LIEN-SER A",
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      },
      {
        "name": "MUNIBOND",
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      },
      {
        "name": "District of Columbia, Series A",
        "value": "2031612.12",
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      {
        "name": "Chicago O'Hare International Airport",
        "value": "2022049.80",
        "weight": "0.00943839",
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      },
      {
        "name": "PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE",
        "value": "2018791.20",
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      },
      {
        "name": "Metropolitan Water Reclamation District of Greater Chicago",
        "value": "1966714.69",
        "weight": "0.00918010",
        "shared": false
      },
      {
        "name": "TEXAS WTR DEV BRD ST WTR IMPLEMENTATION REVENUE FUND",
        "value": "1870453.80",
        "weight": "0.00873078",
        "shared": false
      },
      {
        "name": "Washington Metropolitan Area Transit Authority, Second Lien Dedicated Revenue Bonds, Sustainability- Climate Transition, Green Series 2024A",
        "value": "1842914.40",
        "weight": "0.00860223",
        "shared": false
      },
      {
        "name": "N ORLEANS AVIAT 5.25% 1/1/2045 @",
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        "weight": "0.00846019",
        "shared": false
      },
      {
        "name": "School District of Philadelphia/The",
        "value": "1775143.77",
        "weight": "0.00828590",
        "shared": false
      },
      {
        "name": "MICHIGAN ST BLDG AUTH REVENUE",
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        "weight": "0.00823755",
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      {
        "name": "State of Nevada",
        "value": "1757592.04",
        "weight": "0.00820397",
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      {
        "name": "PENNSYLVANIA ST ECON DEV FING REGD OID B/E 4.00000000",
        "value": "1735246.60",
        "weight": "0.00809967",
        "shared": false
      },
      {
        "name": "DFW ARPT 4% 11/1/2045",
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        "weight": "0.00791209",
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      },
      {
        "name": "PREREF IOWA ST FIN AUTH MIDWSTRN DISA REGD V/R B/E PREREFUNDED 12/01/32 @ 100 5.00000000",
        "value": "1689308.55",
        "weight": "0.00788524",
        "shared": true
      },
      {
        "name": "Northampton (County of), PA General Purpose Authority (St. Luke's University Health Network), Series 2018 A, Ref. RB",
        "value": "1687215.20",
        "weight": "0.00787547",
        "shared": false
      },
      {
        "name": "Port Authority of New York & New Jersey, Series 2025, RB",
        "value": "1683756.18",
        "weight": "0.00785932",
        "shared": false
      },
      {
        "name": "San Diego County Regional Airport Authority, Series 2025 B",
        "value": "1665255.68",
        "weight": "0.00777297",
        "shared": false
      },
      {
        "name": "UTILITY DEBT SECZ-TE1",
        "value": "1654760.85",
        "weight": "0.00772398",
        "shared": false
      },
      {
        "name": "SAN FRANCISCO CITY & COUNTY AIRPORT COMM-SAN FRANCISCO INTERNATIONAL AIRPORT",
        "value": "1607822.70",
        "weight": "0.00750489",
        "shared": false
      },
      {
        "name": "West Jefferson Industrial Development Board",
        "value": "1600000.00",
        "weight": "0.00746837",
        "shared": false
      },
      {
        "name": "District of Columbia, Series 2019 A, RB",
        "value": "1595749.08",
        "weight": "0.00744853",
        "shared": false
      },
      {
        "name": "INDIANA UNIVERSITY HEALTH INC OBLIGATED GROUP 5.0% 10-01-43",
        "value": "1592659.35",
        "weight": "0.00743411",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2022A-1",
        "value": "5553861.50",
        "weight": "0.01376835",
        "shared": false
      },
      {
        "name": "PATRIOTS EN GRP 5.25% MT",
        "value": "5353050.00",
        "weight": "0.01327052",
        "shared": false
      },
      {
        "name": "Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2024A-1",
        "value": "5326775.00",
        "weight": "0.01320539",
        "shared": false
      },
      {
        "name": "MO H/E-ST LOUIS-B-1",
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        "weight": "0.01099462",
        "shared": false
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 C, RB",
        "value": "4430916.00",
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      {
        "name": "TARRANT COUNTY HOUSING FINANCE TARMFH 03/43 FIXED 4.6",
        "value": "4028723.92",
        "weight": "0.00998744",
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      {
        "name": "Main Street Natural Gas, Inc., Series 2019A",
        "value": "3880067.90",
        "weight": "0.00961891",
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      },
      {
        "name": "OH BUCGEN 5 06/01/2055",
        "value": "3600000.00",
        "weight": "0.00892461",
        "shared": true
      },
      {
        "name": "S ANTONIO TEX 4.55% 3/1/2043",
        "value": "3477412.05",
        "weight": "0.00862071",
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      },
      {
        "name": "MUNIBOND",
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      },
      {
        "name": "GO Refunding Bonds Series 2017A",
        "value": "3362627.34",
        "weight": "0.00833615",
        "shared": false
      },
      {
        "name": "INDIANA ST FIN AUTH REVENUE",
        "value": "3324231.90",
        "weight": "0.00824096",
        "shared": false
      },
      {
        "name": "MAIN STR NAT GA 5% MT",
        "value": "3167127.00",
        "weight": "0.00785149",
        "shared": false
      },
      {
        "name": "SLT LAKE U 5.50% 7/1/2050@",
        "value": "3141225.00",
        "weight": "0.00778728",
        "shared": true
      },
      {
        "name": "State of Illinois, Series D",
        "value": "3087843.00",
        "weight": "0.00765494",
        "shared": true
      },
      {
        "name": "CAPITAL TRUST AGY FL EDUCTNL FACS REVENUE",
        "value": "3044259.00",
        "weight": "0.00754690",
        "shared": false
      },
      {
        "name": "WEST VIRGINIA ST HOSP FIN AUTH",
        "value": "3001839.00",
        "weight": "0.00744173",
        "shared": false
      },
      {
        "name": "Maricopa County Pollution Control Corp., Series A",
        "value": "2964054.00",
        "weight": "0.00734806",
        "shared": false
      },
      {
        "name": "ILLINOIS ST SALES TAX REVENUE",
        "value": "2594675.00",
        "weight": "0.00643235",
        "shared": false
      },
      {
        "name": "DENVER CO ARPT 5% 12/1/48@",
        "value": "2510827.50",
        "weight": "0.00622449",
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      },
      {
        "name": "FLORIDA ST LOCAL GOVT FIN COMMISSION EDUCTNL FACS REVENUE",
        "value": "2479867.50",
        "weight": "0.00614774",
        "shared": false
      },
      {
        "name": "STATE OF ILLINOIS MCCORMICK PLACE EXPANSION PROJECT FUND 5.0% 06-15-50",
        "value": "2472467.50",
        "weight": "0.00612939",
        "shared": false
      },
      {
        "name": "ENERGY SOUTHEAST A COOPERATIVE ESDPWR 11/35 FIXED 5",
        "value": "2389104.18",
        "weight": "0.00592273",
        "shared": false
      },
      {
        "name": "KIPP NYC PUBLIC CHARTER SCHOOLS 5.0% 07-01-42",
        "value": "2360703.90",
        "weight": "0.00585232",
        "shared": false
      },
      {
        "name": "PREREF IOWA ST FIN AUTH MIDWSTRN DISA REGD V/R B/E PREREFUNDED 12/01/32 @ 100 5.00000000",
        "value": "2347717.25",
        "weight": "0.00582013",
        "shared": true
      },
      {
        "name": "SOUTHEAST ENERGY AUTHORITY A COOPERATIVE",
        "value": "2274096.63",
        "weight": "0.00563762",
        "shared": false
      },
      {
        "name": "GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE",
        "value": "2213767.60",
        "weight": "0.00548806",
        "shared": false
      },
      {
        "name": "TEXAS ST MUNI GAS ACQUISITION& TEXAS MUNICIPAL GAS ACQUISITION & SUPPLY CORP IV",
        "value": "2182572.00",
        "weight": "0.00541072",
        "shared": false
      },
      {
        "name": "BLACK BELT ENERGY GAS DISTRICT (MPT) 5.0% 03-01-55",
        "value": "2112808.00",
        "weight": "0.00523777",
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      },
      {
        "name": "PRESBYTERIAN HOMES OBLIGATED GROUP 5.25% 07-01-48",
        "value": "2111302.15",
        "weight": "0.00523404",
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      },
      {
        "name": "AUSTIN TX ARPT SYS REVENUE",
        "value": "2107568.00",
        "weight": "0.00522478",
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      },
      {
        "name": "Main Street Natural Gas, Inc., Series 2025B",
        "value": "2095942.00",
        "weight": "0.00519596",
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      },
      {
        "name": "NJ TRANSPRTN TRUST-A",
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      },
      {
        "name": "ILLINOIS ST SALES TAX REVENUE",
        "value": "2088168.00",
        "weight": "0.00517669",
        "shared": false
      },
      {
        "name": "OREGON ST HLTH & SCIENCE UNIV REVENUE",
        "value": "2063702.10",
        "weight": "0.00511604",
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      },
      {
        "name": "NY ST TWY AUTH-A",
        "value": "2046984.00",
        "weight": "0.00507459",
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      },
      {
        "name": "WI PUBTRN 5.75 06/30/2060",
        "value": "2045688.00",
        "weight": "0.00507138",
        "shared": false
      },
      {
        "name": "NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE",
        "value": "2043771.25",
        "weight": "0.00506663",
        "shared": false
      },
      {
        "name": "ALABAMA CMNTY CLG SYS BRD OF TRUSTEES REVENUE",
        "value": "2043172.00",
        "weight": "0.00506514",
        "shared": false
      },
      {
        "name": "ILLINOIS ST SALES TAX REVENUE",
        "value": "2025687.59",
        "weight": "0.00502180",
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      },
      {
        "name": "Tarrant County Cultural Education Facilities Finance Corp., Series 2025, RB",
        "value": "2025066.00",
        "weight": "0.00502026",
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      },
      {
        "name": "ORANGE CNTY FL PRESBYTERIAN RETIREMENT SF 5.0% 08-01-40",
        "value": "2021569.54",
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      },
      {
        "name": "Chicago O'Hare International Airport",
        "value": "2017932.00",
        "weight": "0.00500257",
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      {
        "name": "NJ TRANSP 5% 6/15/27",
        "value": "2009968.00",
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      },
      {
        "name": "PENNSYLVANIA ST ECON DEV FING REGD V/R B/E AMT 4.00000000",
        "value": "2000654.00",
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      },
      {
        "name": "UT BLDFAC 5.62 12/01/2053",
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      },
      {
        "name": "TARRANT TX EDFC 5% 10/1/2049",
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      },
      {
        "name": "MI GRADEV 6.12 11/01/2060",
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      },
      {
        "name": "MAIN STR NAT GA 5% 5/15/2043",
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        "shared": false
      },
      {
        "name": "WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE",
        "value": "1846142.75",
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    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0000201801-26-000007",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/201801/000020180126000007/0000201801-26-000007-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0001410368-26-051184",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/816153/000141036826051184/0001410368-26-051184-index.htm"
    }
  ]
}