{
  "page": "compare",
  "query": {
    "a": "LTCAX",
    "b": "SWCAX"
  },
  "retrieved_at": "2026-07-07T18:45:58+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": "Thornburg California Limited Term Municipal Fund",
    "ticker": "LTCAX",
    "slug": "LTCAX",
    "series_id": "S000011841",
    "html_url": "https://fundwatcher.app/funds/LTCAX/"
  },
  "fund_b": {
    "name": "Schwab California Tax-Free Bond Fund",
    "ticker": "SWCAX",
    "slug": "SWCAX",
    "series_id": "S000006818",
    "html_url": "https://fundwatcher.app/funds/SWCAX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.06273782612117886776780419000",
    "coverage_b_by_a": "0.06273782612117886776780418999",
    "shared_count": 25,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-02-28"
    },
    "a_top": [
      {
        "name": "Regents of the University of California Medical Center Pooled Revenue",
        "value": "11380000.00",
        "weight": "0.03894027",
        "shared": false
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "8331363.01",
        "weight": "0.02850839",
        "shared": false
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 C, RB",
        "value": "7384860.00",
        "weight": "0.02526963",
        "shared": true
      },
      {
        "name": "California Community Choice Financing Authority, Series 2023 E-1",
        "value": "7355915.00",
        "weight": "0.02517059",
        "shared": true
      },
      {
        "name": "LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE",
        "value": "5912339.75",
        "weight": "0.02023094",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series F",
        "value": "5768998.20",
        "weight": "0.01974045",
        "shared": false
      },
      {
        "name": "SAN JOAQUIN VLY CLEAN ENERGY AUTH CA CLEAN ENERGY REVENUE",
        "value": "5215425.60",
        "weight": "0.01784623",
        "shared": false
      },
      {
        "name": "LOS ANGELES HSG -A",
        "value": "4954694.82",
        "weight": "0.01695405",
        "shared": false
      },
      {
        "name": "KAISER FOUNDATION HOSPITALS (MPT) 5.0% 06-01-41",
        "value": "4768919.85",
        "weight": "0.01631837",
        "shared": false
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "4545459.10",
        "weight": "0.01555373",
        "shared": false
      },
      {
        "name": "CA ST UNIV REV 3.125% 11/1/2051 MT",
        "value": "4194804.60",
        "weight": "0.01435385",
        "shared": true
      },
      {
        "name": "CALIFORNIA HSG FIN AGY AFFORDABLE HSG REVENUE",
        "value": "4183961.16",
        "weight": "0.01431675",
        "shared": false
      },
      {
        "name": "REPUBLIC SERVICES INC (MPT) 4.375% 09-01-53",
        "value": "4135264.00",
        "weight": "0.01415011",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series B",
        "value": "4125028.60",
        "weight": "0.01411509",
        "shared": true
      },
      {
        "name": "DEL SUR FAMILY HOUSING LP (MPT) 5.0% 05-01-54",
        "value": "3905914.75",
        "weight": "0.01336532",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series 2025G",
        "value": "3786016.50",
        "weight": "0.01295505",
        "shared": false
      },
      {
        "name": "LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE",
        "value": "3635443.00",
        "weight": "0.01243982",
        "shared": true
      },
      {
        "name": "SOUTHERN CALIFORNIA EDISON CO 4.5% 11-01-33",
        "value": "3551681.00",
        "weight": "0.01215320",
        "shared": false
      },
      {
        "name": "REPUBLIC SERVICES INC (MPT) 2.875% 07-01-43",
        "value": "3493885.50",
        "weight": "0.01195543",
        "shared": true
      },
      {
        "name": "San Francisco City & County Airport Comm-San Francisco International Airport",
        "value": "3343359.00",
        "weight": "0.01144036",
        "shared": false
      },
      {
        "name": "San Diego County Regional Airport Authority",
        "value": "3310257.00",
        "weight": "0.01132709",
        "shared": true
      },
      {
        "name": "SAN FRANCISCO CITY & COUNTY AIRPORT COMM-SAN FRANCISCO INTERNATIONAL AIRPORT",
        "value": "3227991.00",
        "weight": "0.01104559",
        "shared": false
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2023, RB",
        "value": "3158505.00",
        "weight": "0.01080782",
        "shared": true
      },
      {
        "name": "CALIFORNIA STWD CMNTYS DEV AUT REGD V/R B/E 5.00000000",
        "value": "3051637.11",
        "weight": "0.01044214",
        "shared": false
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Green Bonds), Series 2023, RB",
        "value": "3040752.12",
        "weight": "0.01040489",
        "shared": false
      },
      {
        "name": "WASTE MANAGEMENT INC (MPT) 4.2% 11-01-38",
        "value": "3027312.00",
        "weight": "0.01035891",
        "shared": false
      },
      {
        "name": "Los Angeles Community College District, Series 2024",
        "value": "3025794.00",
        "weight": "0.01035371",
        "shared": false
      },
      {
        "name": "State of California",
        "value": "3010281.00",
        "weight": "0.01030063",
        "shared": false
      },
      {
        "name": "WASTE MANAGEMENT INC (MPT) 3.45% 12-01-44",
        "value": "3001515.00",
        "weight": "0.01027063",
        "shared": true
      },
      {
        "name": "UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.00000000",
        "value": "2881317.50",
        "weight": "0.00985934",
        "shared": true
      },
      {
        "name": "SAN JOSE CA MF HSG REVENUE",
        "value": "2773397.00",
        "weight": "0.00949005",
        "shared": false
      },
      {
        "name": "WASTE MANAGEMENT INC (MPT) 3.45% 10-01-41",
        "value": "2750060.50",
        "weight": "0.00941020",
        "shared": true
      },
      {
        "name": "CHF-IRVINE LLC BAM 5.0% 05-15-32",
        "value": "2655371.62",
        "weight": "0.00908619",
        "shared": false
      },
      {
        "name": "Los Angeles County Development Authority",
        "value": "2607607.61",
        "weight": "0.00892275",
        "shared": false
      },
      {
        "name": "Los Angeles County Development Authority, West LA Building 156 and 157 Apartments, Series 2023C",
        "value": "2573709.93",
        "weight": "0.00880676",
        "shared": false
      },
      {
        "name": "SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE",
        "value": "2560523.00",
        "weight": "0.00876164",
        "shared": false
      },
      {
        "name": "CALIFORNIA HSG FIN AGY AFFORDABLE HSG REVENUE",
        "value": "2500722.50",
        "weight": "0.00855701",
        "shared": false
      },
      {
        "name": "SOUTHERN CALIFORNIA EDISON CO 1.75% 09-01-29",
        "value": "2338082.50",
        "weight": "0.00800049",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST HLTH FACS FING AUTH REVENUE",
        "value": "2268100.00",
        "weight": "0.00776102",
        "shared": false
      },
      {
        "name": "RIVERSIDE CNTY CA PUBLIC FINGAUTH",
        "value": "2228883.80",
        "weight": "0.00762683",
        "shared": false
      },
      {
        "name": "SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV",
        "value": "2221244.00",
        "weight": "0.00760069",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST MUNI FIN AUTH STUDENT HSG REVENUE",
        "value": "2185379.70",
        "weight": "0.00747797",
        "shared": false
      },
      {
        "name": "CENTRL VLY CA ENERGY AUTH COMM REGD V/R B/E 5.00000000",
        "value": "2145492.00",
        "weight": "0.00734148",
        "shared": true
      },
      {
        "name": "FOOTHILL FAMILY PRESERVATION LP (MPT) 2.75% 05-01-44",
        "value": "2082687.60",
        "weight": "0.00712657",
        "shared": false
      },
      {
        "name": "PROVIDENCE ST JOSEPH HEALTH OBLIGATED GROUP (MPT) 5.0% 10-01-39",
        "value": "2062062.34",
        "weight": "0.00705600",
        "shared": false
      },
      {
        "name": "State of California",
        "value": "2055918.00",
        "weight": "0.00703497",
        "shared": false
      },
      {
        "name": "SAN JOSE HSG REV-F-2",
        "value": "2004692.00",
        "weight": "0.00685969",
        "shared": false
      },
      {
        "name": "California Statewide Communities Development Authority, Series 2026A",
        "value": "2004332.00",
        "weight": "0.00685846",
        "shared": false
      },
      {
        "name": "CA ST MFA SW 3.85% MT @",
        "value": "2000572.00",
        "weight": "0.00684559",
        "shared": false
      },
      {
        "name": "SACRAMENTO CNTY CA ARPT SYS REVENUE",
        "value": "1973527.33",
        "weight": "0.00675305",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "Los Angeles (City of), CA, Series 2025, RN",
        "value": "8185772.54",
        "weight": "0.01367043",
        "shared": true
      },
      {
        "name": "TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES",
        "value": "8000000.00",
        "weight": "0.01336019",
        "shared": false
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 D, RB",
        "value": "6393987.60",
        "weight": "0.01067811",
        "shared": false
      },
      {
        "name": "State of California, Series 2024, GO Bonds",
        "value": "6025670.50",
        "weight": "0.01006301",
        "shared": false
      },
      {
        "name": "UNIV OF CALIFORNIA CA REVENUES",
        "value": "5878409.00",
        "weight": "0.00981708",
        "shared": false
      },
      {
        "name": "San Francisco City & County Airport Comm-San Francisco International Airport, Series C",
        "value": "5795265.50",
        "weight": "0.00967823",
        "shared": false
      },
      {
        "name": "UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.00000000",
        "value": "5600375.50",
        "weight": "0.00935276",
        "shared": false
      },
      {
        "name": "Beverly Hills Unified School District",
        "value": "5513476.10",
        "weight": "0.00920763",
        "shared": false
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2022 A-1, RB",
        "value": "5119958.50",
        "weight": "0.00855045",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series F",
        "value": "4909317.06",
        "weight": "0.00819867",
        "shared": false
      },
      {
        "name": "UNIV OF CALIFORNIA CA REVENUES",
        "value": "4765416.40",
        "weight": "0.00795836",
        "shared": false
      },
      {
        "name": "Bay Area Toll Authority, Series 2026A",
        "value": "4698888.80",
        "weight": "0.00784725",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series 2026 A-1",
        "value": "4442714.40",
        "weight": "0.00741944",
        "shared": true
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "4343026.40",
        "weight": "0.00725295",
        "shared": true
      },
      {
        "name": "Los Angeles County Public Works Financing Authority, Series 2024H",
        "value": "4331579.72",
        "weight": "0.00723384",
        "shared": false
      },
      {
        "name": "ONTARIO CA PUBLIC FING AUTH LEASE REVENUE",
        "value": "4317455.57",
        "weight": "0.00721025",
        "shared": false
      },
      {
        "name": "Riverside County Transportation Commission, Series 2021B-1",
        "value": "4066195.60",
        "weight": "0.00679064",
        "shared": false
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 C, RB",
        "value": "4032092.63",
        "weight": "0.00673369",
        "shared": true
      },
      {
        "name": "LOS ANGELES DEPT-B",
        "value": "4027074.10",
        "weight": "0.00672531",
        "shared": false
      },
      {
        "name": "State of California, Series 2007",
        "value": "3785693.60",
        "weight": "0.00632220",
        "shared": false
      },
      {
        "name": "SAN FRANCISCO CITY & COUNTY AIRPORT COMM-SAN FRANCISCO INTERNATIONAL AIRPORT 5.0% 05-01-37",
        "value": "3771218.15",
        "weight": "0.00629802",
        "shared": false
      },
      {
        "name": "UNIVERSITY OF SOUTHERN CALIFORNIA 5.0% 10-01-35",
        "value": "3765253.20",
        "weight": "0.00628806",
        "shared": false
      },
      {
        "name": "RAVENSWOOD CITY SCHOOL DISTRICT/CA",
        "value": "3706320.45",
        "weight": "0.00618964",
        "shared": false
      },
      {
        "name": "P3 IRVINE SL HOLDINGS LLC OBLIGATED GROUP 6.5% 06-01-54",
        "value": "3420683.35",
        "weight": "0.00571262",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series B",
        "value": "3335409.00",
        "weight": "0.00557021",
        "shared": true
      },
      {
        "name": "Central Valley Energy Authority, Series 2026",
        "value": "3301178.10",
        "weight": "0.00551304",
        "shared": true
      },
      {
        "name": "CA ST PUB WKS BRD-REF",
        "value": "3259132.03",
        "weight": "0.00544283",
        "shared": false
      },
      {
        "name": "NRTHRN CA ENRGY",
        "value": "3233902.50",
        "weight": "0.00540069",
        "shared": true
      },
      {
        "name": "State of California, Series 2022",
        "value": "3208388.70",
        "weight": "0.00535808",
        "shared": false
      },
      {
        "name": "San Bernardino Community College District (Election of 2018), Series 2023 B, GO Bonds",
        "value": "3133358.13",
        "weight": "0.00523278",
        "shared": false
      },
      {
        "name": "Los Angeles (City of), CA, Series 2025, RB",
        "value": "3132878.91",
        "weight": "0.00523198",
        "shared": false
      },
      {
        "name": "Rib Floater Trust Various States",
        "value": "3100000.00",
        "weight": "0.00517707",
        "shared": false
      },
      {
        "name": "LOS ANGELES UNIF SD-A",
        "value": "3033074.70",
        "weight": "0.00506531",
        "shared": false
      },
      {
        "name": "California State University",
        "value": "3000205.80",
        "weight": "0.00501041",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST-REF",
        "value": "2985216.75",
        "weight": "0.00498538",
        "shared": false
      },
      {
        "name": "LOS ANGELES -C-REF",
        "value": "2947814.50",
        "weight": "0.00492292",
        "shared": false
      },
      {
        "name": "State of California",
        "value": "2915237.75",
        "weight": "0.00486851",
        "shared": false
      },
      {
        "name": "CA STWD CMNTYS DEV-A",
        "value": "2895102.00",
        "weight": "0.00483489",
        "shared": false
      },
      {
        "name": "HASTINGS CAMPUS HSG FIN AUTH C HCHGEN 07/45 FIXED 5",
        "value": "2776894.40",
        "weight": "0.00463748",
        "shared": false
      },
      {
        "name": "State of California, Series 2025, GO Bonds",
        "value": "2657584.41",
        "weight": "0.00443823",
        "shared": false
      },
      {
        "name": "Los Angeles Department of Airports, California, Revenue Bonds, Los Angeles International Airport, Refunding Subordinate Green Series 2025A",
        "value": "2652291.75",
        "weight": "0.00442939",
        "shared": false
      },
      {
        "name": "CA STWD CMNTYS DEV-B",
        "value": "2649855.49",
        "weight": "0.00442532",
        "shared": false
      },
      {
        "name": "COMMONSPIRIT HEALTH OBLIGATED GROUP 4.0% 04-01-45",
        "value": "2647466.80",
        "weight": "0.00442133",
        "shared": false
      },
      {
        "name": "California (State of) Municipal Finance Authority (Aldersly), Series 2023 A, RB",
        "value": "2610150.25",
        "weight": "0.00435901",
        "shared": false
      },
      {
        "name": "San Diego County Regional Airport Authority",
        "value": "2607723.53",
        "weight": "0.00435496",
        "shared": true
      },
      {
        "name": "Los Alamitos Unified School District",
        "value": "2601720.04",
        "weight": "0.00434493",
        "shared": false
      },
      {
        "name": "STHRN CA PUBLIC SER-1",
        "value": "2595903.75",
        "weight": "0.00433522",
        "shared": false
      },
      {
        "name": "San Francisco City & County Airport Comm-San Francisco International Airport",
        "value": "2578144.56",
        "weight": "0.00430556",
        "shared": false
      },
      {
        "name": "Palmdale Elementary School District",
        "value": "2575473.75",
        "weight": "0.00430110",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST HLTH FACS FING AUTH REVENUE",
        "value": "2564848.50",
        "weight": "0.00428336",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0001410368-26-051183",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/816153/000141036826051183/0001410368-26-051183-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0001410368-26-039957",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/869365/000141036826039957/0001410368-26-039957-index.htm"
    }
  ]
}