{
  "page": "compare",
  "query": {
    "a": "LMSMX",
    "b": "WATIX"
  },
  "retrieved_at": "2026-07-07T19:24:05+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": "Western Asset SMASh Series M Fund",
    "ticker": "LMSMX",
    "slug": "LMSMX",
    "series_id": "S000014681",
    "html_url": "https://fundwatcher.app/funds/LMSMX/"
  },
  "fund_b": {
    "name": "Western Asset Intermediate Bond Fund",
    "ticker": "WATIX",
    "slug": "WATIX",
    "series_id": "S000000711",
    "html_url": "https://fundwatcher.app/funds/WATIX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.1188832824277761471749485470",
    "coverage_b_by_a": "0.1188832824277761471749485470",
    "shared_count": 26,
    "as_of": {
      "a": "2026-02-27",
      "b": "2026-02-27"
    },
    "a_top": [
      {
        "name": "US TREASURY N/B",
        "value": "50481453.70",
        "weight": "0.09095922",
        "shared": true
      },
      {
        "name": "Uniform Mortgage-Backed Security, TBA",
        "value": "28853568.82",
        "weight": "0.05198935",
        "shared": false
      },
      {
        "name": "GNMA II TBA 30 YR 3 JUMBOS",
        "value": "26787823.62",
        "weight": "0.04826722",
        "shared": true
      },
      {
        "name": "Ginnie Mae",
        "value": "25899109.51",
        "weight": "0.04666591",
        "shared": false
      },
      {
        "name": "US TREASURY N/B",
        "value": "22258966.24",
        "weight": "0.04010697",
        "shared": false
      },
      {
        "name": "GNMA II, 30 Year",
        "value": "19503761.33",
        "weight": "0.03514255",
        "shared": false
      },
      {
        "name": "GNII II 5.5% 03/01/2056 #TBA",
        "value": "18232518.06",
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        "shared": false
      },
      {
        "name": "Ginnie Mae",
        "value": "16357162.68",
        "weight": "0.02947290",
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      },
      {
        "name": "GNMA TBA",
        "value": "12712374.45",
        "weight": "0.02290559",
        "shared": false
      },
      {
        "name": "Uniform Mortgage-Backed Security, TBA",
        "value": "12430538.55",
        "weight": "0.02239777",
        "shared": false
      },
      {
        "name": "BX Mortgage Trust, Series 2021-PAC, Class A",
        "value": "11562531.57",
        "weight": "0.02083377",
        "shared": false
      },
      {
        "name": "PRKCM 2021-AFC1 TRUST PRKCM 2021-AFC1 A1",
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        "weight": "0.01946100",
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      },
      {
        "name": "GNMA II TBA 30 YR 3.5 JUMBOS",
        "value": "10138366.73",
        "weight": "0.01826766",
        "shared": false
      },
      {
        "name": "FNA 2019-M22 A2",
        "value": "9941231.23",
        "weight": "0.01791245",
        "shared": false
      },
      {
        "name": "Apidos Loan Fund Ltd., Series 2024-1A, Class A1R",
        "value": "9619217.28",
        "weight": "0.01733224",
        "shared": true
      },
      {
        "name": "JPMBB 2015-C30 AS",
        "value": "9611542.52",
        "weight": "0.01731841",
        "shared": false
      },
      {
        "name": "CSMC SERIES 2019 UVIL",
        "value": "9586112.00",
        "weight": "0.01727259",
        "shared": false
      },
      {
        "name": "SMB Private Education Loan Trust, Series 2024-A, Class A1A",
        "value": "9388070.30",
        "weight": "0.01691575",
        "shared": true
      },
      {
        "name": "CSMC 2017-RPL3 Trust",
        "value": "8629645.58",
        "weight": "0.01554919",
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      },
      {
        "name": "CSMC 2017-RPL3 Trust",
        "value": "8627970.64",
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      },
      {
        "name": "NRZT 2019-2A A1 144A FRN 12-25-57",
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      },
      {
        "name": "Ginnie Mae I Pool",
        "value": "7509558.12",
        "weight": "0.01353098",
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      },
      {
        "name": "MADISON AVENUE TRUST MAD 2025 11MD A 144A",
        "value": "7416598.52",
        "weight": "0.01336348",
        "shared": false
      },
      {
        "name": "Towd Point Mortgage Trust 2020-2",
        "value": "7199410.69",
        "weight": "0.01297215",
        "shared": false
      },
      {
        "name": "Benchmark 2020-B21 Mortgage Trust",
        "value": "6867218.83",
        "weight": "0.01237359",
        "shared": false
      },
      {
        "name": "STACR 2026-DNA1 M2",
        "value": "6646682.86",
        "weight": "0.01197622",
        "shared": true
      },
      {
        "name": "Ginnie Mae I Pool",
        "value": "6354815.88",
        "weight": "0.01145033",
        "shared": false
      },
      {
        "name": "THRUST ENGINE LEASING 2021 DAC SER 2021-1A CL A REGD 144A P/P 4.16300000",
        "value": "6324394.82",
        "weight": "0.01139551",
        "shared": false
      },
      {
        "name": "GS MORTGAGE-BACKED SECURITIES TRUST 2018-RPL1 GSMBS 2018-RPL1 A1A",
        "value": "6229469.34",
        "weight": "0.01122447",
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      },
      {
        "name": "Galaxy 36 CLO Ltd",
        "value": "6208057.52",
        "weight": "0.01118589",
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      },
      {
        "name": "Park Blue CLO Ltd., Series 2025-8A, Class A1",
        "value": "6114500.31",
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      },
      {
        "name": "Uniform Mortgage-Backed Security, TBA",
        "value": "5892910.74",
        "weight": "0.01061805",
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      },
      {
        "name": "Uniform Mortgage-Backed Security, TBA",
        "value": "5832286.26",
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      },
      {
        "name": "Uniform Mortgage-Backed Security, TBA",
        "value": "5439965.14",
        "weight": "0.00980192",
        "shared": false
      },
      {
        "name": "FNMA Connecticut Avenue Securities Trust, Series 2021-R01, Class 1M2",
        "value": "5405191.31",
        "weight": "0.00973926",
        "shared": false
      },
      {
        "name": "Bayswater Park CLO Ltd., Series 2023-1A, Class A1R",
        "value": "5227385.52",
        "weight": "0.00941888",
        "shared": false
      },
      {
        "name": "Antares CLO Ltd., Series 2018-1A, Class A1R",
        "value": "5194957.49",
        "weight": "0.00936045",
        "shared": true
      },
      {
        "name": "Goodgreen Trust, Series 2021-1A, Class A",
        "value": "5137488.86",
        "weight": "0.00925690",
        "shared": false
      },
      {
        "name": "Warwick Capital CLO 7 Ltd., Series 2025-7A, Class A1",
        "value": "4972206.06",
        "weight": "0.00895909",
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      },
      {
        "name": "Ginnie Mae I Pool",
        "value": "4913716.33",
        "weight": "0.00885370",
        "shared": false
      },
      {
        "name": "CSMC Trust, Series 2021-RPL4, Class A1",
        "value": "4810735.52",
        "weight": "0.00866815",
        "shared": false
      },
      {
        "name": "Freddie Mac STACR REMIC Trust 2021-DNA2",
        "value": "4527598.32",
        "weight": "0.00815798",
        "shared": false
      },
      {
        "name": "Uniform Mortgage-Backed Security, TBA",
        "value": "4147065.25",
        "weight": "0.00747233",
        "shared": false
      },
      {
        "name": "Fannie Mae Pool",
        "value": "4046883.29",
        "weight": "0.00729181",
        "shared": false
      },
      {
        "name": "Trust (The), Series 2023-MIC, Class A",
        "value": "3757824.01",
        "weight": "0.00677098",
        "shared": false
      },
      {
        "name": "Freddie Mac Multifamily Structured Pass Through Certificates",
        "value": "3623091.50",
        "weight": "0.00652821",
        "shared": false
      },
      {
        "name": "Empower CLO Ltd., Series 2023-2A, Class AR",
        "value": "3330045.32",
        "weight": "0.00600019",
        "shared": false
      },
      {
        "name": "GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2021-5 IO",
        "value": "3145768.71",
        "weight": "0.00566815",
        "shared": false
      },
      {
        "name": "Freddie Mac Multifamily Structured Pass Through Certificates",
        "value": "3107366.20",
        "weight": "0.00559896",
        "shared": false
      },
      {
        "name": "SREIT Trust 2021-PALM",
        "value": "2929082.91",
        "weight": "0.00527772",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "US TREASURY N/B",
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        "shared": true
      },
      {
        "name": "US TREASURY N/B",
        "value": "13934322.30",
        "weight": "0.08411845",
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      {
        "name": "US TREASURY N/B",
        "value": "13866748.44",
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      },
      {
        "name": "US TREASURY N/B",
        "value": "13815428.13",
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      },
      {
        "name": "Western Asset Premier Institutional Government Reserves",
        "value": "6521197.73",
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      {
        "name": "US TREASURY N/B",
        "value": "1686344.52",
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      {
        "name": "US TREASURY N/B",
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      {
        "name": "US TREASURY N/B",
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      },
      {
        "name": "ASIAN DEV BANK",
        "value": "1257062.25",
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      },
      {
        "name": "US TREASURY N/B",
        "value": "1245877.35",
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      },
      {
        "name": "GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2023-92 AH",
        "value": "1151207.11",
        "weight": "0.00694958",
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      },
      {
        "name": "TSMC ARIZONA",
        "value": "1145167.23",
        "weight": "0.00691312",
        "shared": false
      },
      {
        "name": "U.S. Treasury Inflation-Protected Indexed Notes",
        "value": "1125891.69",
        "weight": "0.00679676",
        "shared": false
      },
      {
        "name": "CARVL 2024-3A A1",
        "value": "1002690.30",
        "weight": "0.00605302",
        "shared": false
      },
      {
        "name": "U.S. Treasury Bonds",
        "value": "900320.57",
        "weight": "0.00543504",
        "shared": false
      },
      {
        "name": "TOWD POINT MORTGAGE TRUST 2017-4 TPMT 2017-4 B2",
        "value": "886662.84",
        "weight": "0.00535259",
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      },
      {
        "name": "TSMC ARIZONA",
        "value": "870929.52",
        "weight": "0.00525761",
        "shared": false
      },
      {
        "name": "GOLDMAN SACHS GP",
        "value": "865498.48",
        "weight": "0.00522482",
        "shared": false
      },
      {
        "name": "Galaxy 33 CLO Ltd",
        "value": "782608.71",
        "weight": "0.00472444",
        "shared": false
      },
      {
        "name": "CIFC Funding Ltd., Series 2024-2A, Class A1",
        "value": "752525.10",
        "weight": "0.00454283",
        "shared": false
      },
      {
        "name": "FOUNDRY JV HOLDC",
        "value": "749665.82",
        "weight": "0.00452557",
        "shared": false
      },
      {
        "name": "Mosaic Solar Loan Trust, Series 2018-2GS, Class A",
        "value": "720319.39",
        "weight": "0.00434841",
        "shared": false
      },
      {
        "name": "College Ave Student Loans 2021-C LLC",
        "value": "694868.10",
        "weight": "0.00419477",
        "shared": false
      },
      {
        "name": "PRKCM 2021-AFC1 TRUST PRKCM 2021-AFC1 A1",
        "value": "681240.04",
        "weight": "0.00411250",
        "shared": true
      },
      {
        "name": "MORGAN STANLEY",
        "value": "659704.80",
        "weight": "0.00398249",
        "shared": false
      },
      {
        "name": "BANK OF AMER CRP",
        "value": "659503.52",
        "weight": "0.00398128",
        "shared": false
      },
      {
        "name": "Ellington Financial Mortgage Trust, Series 2021-2, Class A1",
        "value": "650576.02",
        "weight": "0.00392738",
        "shared": false
      },
      {
        "name": "US TREASURY N/B",
        "value": "641037.50",
        "weight": "0.00386980",
        "shared": false
      },
      {
        "name": "VERIZON COMM INC",
        "value": "587660.83",
        "weight": "0.00354758",
        "shared": false
      },
      {
        "name": "PRKCM Trust, Series 2024-HOME1, Class A1",
        "value": "584298.28",
        "weight": "0.00352728",
        "shared": false
      },
      {
        "name": "Apidos Loan Fund Ltd., Series 2024-1A, Class A1R",
        "value": "581161.04",
        "weight": "0.00350834",
        "shared": true
      },
      {
        "name": "T-MOBILE USA INC",
        "value": "575649.69",
        "weight": "0.00347507",
        "shared": false
      },
      {
        "name": "FANNIE MAE REMICS FNR 2020-56 AQ",
        "value": "571692.23",
        "weight": "0.00345118",
        "shared": false
      },
      {
        "name": "COLUMBIA CENT CLO 32 LTD SER 2022-32A CL A1R2 V/R REGD 144A P/P 4.98541000",
        "value": "550752.57",
        "weight": "0.00332477",
        "shared": false
      },
      {
        "name": "DRMT 2022-1 A1",
        "value": "550713.18",
        "weight": "0.00332453",
        "shared": false
      },
      {
        "name": "CITIGROUP INC",
        "value": "548209.96",
        "weight": "0.00330942",
        "shared": false
      },
      {
        "name": "SMB Private Education Loan Trust, Series 2024-A, Class A1A",
        "value": "547637.44",
        "weight": "0.00330597",
        "shared": true
      },
      {
        "name": "FANNIE MAE REMICS FNR 2020-57 TA",
        "value": "545582.85",
        "weight": "0.00329356",
        "shared": false
      },
      {
        "name": "US TREASURY N/B",
        "value": "541014.06",
        "weight": "0.00326598",
        "shared": false
      },
      {
        "name": "BNP PARIBAS",
        "value": "525897.28",
        "weight": "0.00317473",
        "shared": false
      },
      {
        "name": "COTERRA ENERGY",
        "value": "509630.43",
        "weight": "0.00307653",
        "shared": false
      },
      {
        "name": "COOPERATIEVE RABOBANK UA 3.649%/VAR 04/06/2028 144A",
        "value": "508551.25",
        "weight": "0.00307001",
        "shared": false
      },
      {
        "name": "WESTERN MIDSTRM",
        "value": "507312.06",
        "weight": "0.00306253",
        "shared": false
      },
      {
        "name": "UNITED MEXICAN",
        "value": "506974.00",
        "weight": "0.00306049",
        "shared": false
      },
      {
        "name": "Aqua Finance Trust, Series 2021-A, Class B",
        "value": "496644.29",
        "weight": "0.00299813",
        "shared": false
      },
      {
        "name": "BX Commercial Mortgage Trust, Series 2025-COPT, Class A",
        "value": "491819.71",
        "weight": "0.00296901",
        "shared": false
      },
      {
        "name": "Polus US CLO II Ltd",
        "value": "482344.80",
        "weight": "0.00291181",
        "shared": false
      },
      {
        "name": "CITIGROUP INC",
        "value": "470744.92",
        "weight": "0.00284178",
        "shared": false
      },
      {
        "name": "WAMU MORTGAGE PASS-THROUGH CERTIFICATES SERIES 200 WAMU 2004-AR9 A7",
        "value": "470152.78",
        "weight": "0.00283821",
        "shared": false
      },
      {
        "name": "GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2021-188 PA",
        "value": "467484.25",
        "weight": "0.00282210",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0000940400-26-014616",
      "as_of": "2026-02-27",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/889512/000094040026014616/0000940400-26-014616-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0000940400-26-014702",
      "as_of": "2026-02-27",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/863520/000094040026014702/0000940400-26-014702-index.htm"
    }
  ]
}