{
  "page": "compare",
  "query": {
    "a": "LTCIX",
    "b": "SBDAX"
  },
  "retrieved_at": "2026-07-07T18:51:32+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": "LTCIX",
    "slug": "LTCIX",
    "series_id": "S000011841",
    "html_url": "https://fundwatcher.app/funds/LTCIX/"
  },
  "fund_b": {
    "name": "CALIFORNIA MUNICIPAL BOND FUND",
    "ticker": "SBDAX",
    "slug": "SBDAX",
    "series_id": "S000006436",
    "html_url": "https://fundwatcher.app/funds/SBDAX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.09840914258147490982544578716",
    "coverage_b_by_a": "0.09840914258147490982544578716",
    "shared_count": 13,
    "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": false
      },
      {
        "name": "California Community Choice Financing Authority, Series 2023 E-1",
        "value": "7355915.00",
        "weight": "0.02517059",
        "shared": false
      },
      {
        "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": true
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "4545459.10",
        "weight": "0.01555373",
        "shared": true
      },
      {
        "name": "CA ST UNIV REV 3.125% 11/1/2051 MT",
        "value": "4194804.60",
        "weight": "0.01435385",
        "shared": false
      },
      {
        "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": true
      },
      {
        "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": false
      },
      {
        "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": false
      },
      {
        "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": false
      },
      {
        "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": false
      },
      {
        "name": "CALIFORNIA STWD CMNTYS DEV AUT REGD V/R B/E 5.00000000",
        "value": "3051637.11",
        "weight": "0.01044214",
        "shared": true
      },
      {
        "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": false
      },
      {
        "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": false
      },
      {
        "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": false
      },
      {
        "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": true
      },
      {
        "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-E-REF",
        "value": "7273303.70",
        "weight": "0.03178482",
        "shared": false
      },
      {
        "name": "STATE OF CALIFORNIA 5.0% 10-01-35",
        "value": "5864447.50",
        "weight": "0.02562803",
        "shared": false
      },
      {
        "name": "Los Angeles Unified School District, Series 2021 A, Ref. GO Bonds",
        "value": "5731475.50",
        "weight": "0.02504693",
        "shared": false
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "5194317.00",
        "weight": "0.02269951",
        "shared": true
      },
      {
        "name": "State of California",
        "value": "5091997.05",
        "weight": "0.02225237",
        "shared": false
      },
      {
        "name": "BURBANK GLENDALE PASADENA CA A BURBANK-GLENDALE-PASADENA AIRPORT AUTHORITY BRICK",
        "value": "4795897.81",
        "weight": "0.02095839",
        "shared": false
      },
      {
        "name": "State of California",
        "value": "4493924.00",
        "weight": "0.01963875",
        "shared": false
      },
      {
        "name": "State of California",
        "value": "4422739.20",
        "weight": "0.01932767",
        "shared": false
      },
      {
        "name": "CALIFORNIA STWD CMNTYS DEV AUT REGD V/R B/E 5.00000000",
        "value": "4402672.40",
        "weight": "0.01923997",
        "shared": true
      },
      {
        "name": "KAISER FOUNDATION HOSPITALS (MPT) 5.0% 06-01-41",
        "value": "4395253.60",
        "weight": "0.01920755",
        "shared": true
      },
      {
        "name": "UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.00000000",
        "value": "4283637.05",
        "weight": "0.01871978",
        "shared": true
      },
      {
        "name": "California Community Choice Financing Authority, Series F",
        "value": "3873258.20",
        "weight": "0.01692640",
        "shared": false
      },
      {
        "name": "State of California, Series 2017, GO Bonds",
        "value": "3625656.69",
        "weight": "0.01584436",
        "shared": false
      },
      {
        "name": "SACRAMENTO REF-N-1",
        "value": "3620577.90",
        "weight": "0.01582217",
        "shared": false
      },
      {
        "name": "UNIV OF CALIFORNIA CA REVENUES UNIVERSITY OF CALIFORNIA",
        "value": "3553061.40",
        "weight": "0.01552712",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST HLTH FACS FING A CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY",
        "value": "3549542.39",
        "weight": "0.01551174",
        "shared": false
      },
      {
        "name": "LOS ANGELES CA DEPT OF ARPTS A CITY OF LOS ANGELES DEPARTMENT OF AIRPORTS",
        "value": "3243884.40",
        "weight": "0.01417599",
        "shared": false
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "3196174.20",
        "weight": "0.01396750",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST INFRASTRUCTURE & REGD B/E 3.25000000",
        "value": "3073770.90",
        "weight": "0.01343258",
        "shared": false
      },
      {
        "name": "CA ST UNIV-B2",
        "value": "2959254.90",
        "weight": "0.01293214",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST HLTH FACS FING AUTH REVENUE",
        "value": "2820005.50",
        "weight": "0.01232361",
        "shared": false
      },
      {
        "name": "LOS ANGELES UNIF SD-A",
        "value": "2741594.34",
        "weight": "0.01198095",
        "shared": false
      },
      {
        "name": "SAN FRANCISCO CA CITY & CNTY C CITY & COUNTY OF SAN FRANCISCO CA",
        "value": "2591937.92",
        "weight": "0.01132694",
        "shared": false
      },
      {
        "name": "SANTA ANA CLG IMPT DIST #1 RAN SANTA ANA COLLEGE IMPROVEMENT DISTRICT #1 RANCHO S",
        "value": "2583314.01",
        "weight": "0.01128926",
        "shared": false
      },
      {
        "name": "STATE OF CALIFORNIA",
        "value": "2511487.00",
        "weight": "0.01097537",
        "shared": true
      },
      {
        "name": "CALIFORNIA ST EDUCTNL FACS AUT CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY",
        "value": "2492474.98",
        "weight": "0.01089228",
        "shared": false
      },
      {
        "name": "LOS ANGELES CO PUB-H",
        "value": "2453197.00",
        "weight": "0.01072064",
        "shared": false
      },
      {
        "name": "University of California, Series 2026 CE",
        "value": "2451885.60",
        "weight": "0.01071490",
        "shared": false
      },
      {
        "name": "HESPERIA CA CMNTY REDEV AGY SU HESPERIA COMMUNITY REDEVELOPMENT AGENCY SUCCESSOR",
        "value": "2432832.68",
        "weight": "0.01063164",
        "shared": false
      },
      {
        "name": "Bay Area Toll Authority, Series 2024, RB",
        "value": "2416031.40",
        "weight": "0.01055822",
        "shared": false
      },
      {
        "name": "LOS ANGELES-SER QRR",
        "value": "2415850.60",
        "weight": "0.01055743",
        "shared": false
      },
      {
        "name": "PASADENA CA PUBLIC FING AUTH L PASADENA PUBLIC FINANCING AUTHORITY",
        "value": "2386860.00",
        "weight": "0.01043074",
        "shared": false
      },
      {
        "name": "SAN FRANCISCO PUB UTL",
        "value": "2360197.00",
        "weight": "0.01031422",
        "shared": false
      },
      {
        "name": "UNIV OF CALIFORNIA CA REVENUES UNIVERSITY OF CALIFORNIA",
        "value": "2356809.80",
        "weight": "0.01029942",
        "shared": false
      },
      {
        "name": "CA ST PUBLIC WKS BRD",
        "value": "2330787.00",
        "weight": "0.01018570",
        "shared": false
      },
      {
        "name": "San Diego County Regional Airport Authority",
        "value": "2328801.20",
        "weight": "0.01017702",
        "shared": false
      },
      {
        "name": "State of California, Series 2007",
        "value": "2328367.80",
        "weight": "0.01017512",
        "shared": false
      },
      {
        "name": "San Francisco City & County Airport Comm-San Francisco International Airport",
        "value": "2285293.20",
        "weight": "0.00998688",
        "shared": true
      },
      {
        "name": "WSTRN CA MUNI WTR DISTS FACS A WESTERN MUNICIPAL WATER DISTRICT FACILITIES AUTHOR",
        "value": "2268750.60",
        "weight": "0.00991459",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series B",
        "value": "2221521.00",
        "weight": "0.00970820",
        "shared": true
      },
      {
        "name": "California Community Choice Financing Authority, Series C",
        "value": "2163721.20",
        "weight": "0.00945561",
        "shared": false
      },
      {
        "name": "Los Angeles Unified School District (Green Bonds), Series 2023, COP",
        "value": "2149260.11",
        "weight": "0.00939241",
        "shared": false
      },
      {
        "name": "STHRN CALIFORNIA ST PUBLIC PWR SOUTHERN CALIFORNIA PUBLIC POWER AUTHORITY",
        "value": "2126062.60",
        "weight": "0.00929104",
        "shared": false
      },
      {
        "name": "VIEW AT SAN BRUNO LP (MPT) 5.0% 06-01-56",
        "value": "2121748.40",
        "weight": "0.00927218",
        "shared": true
      },
      {
        "name": "LOS ANGELES MUN-A",
        "value": "2091688.20",
        "weight": "0.00914082",
        "shared": false
      },
      {
        "name": "REPUBLIC SERVICES INC (MPT) 4.375% 09-01-53",
        "value": "2090116.80",
        "weight": "0.00913395",
        "shared": true
      },
      {
        "name": "CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE",
        "value": "2049620.80",
        "weight": "0.00895698",
        "shared": false
      },
      {
        "name": "California (State of) Public Finance Authority (Sharp Healthcare), Series 2024 A, Ref. RB",
        "value": "1868037.22",
        "weight": "0.00816345",
        "shared": false
      },
      {
        "name": "San Francisco City & County Airport Comm-San Francisco International Airport",
        "value": "1713628.20",
        "weight": "0.00748867",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST INFRASTRUCTURE & CALIFORNIA INFRASTRUCTURE & ECONOMIC DEVELOPMENT B",
        "value": "1713483.75",
        "weight": "0.00748804",
        "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": "0002048251-26-003432",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/701817/000204825126003432/0002048251-26-003432-index.htm"
    }
  ]
}