{
  "page": "compare",
  "query": {
    "a": "MFSM",
    "b": "DNMZX"
  },
  "retrieved_at": "2026-07-07T17:41:28+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": "MFS Active Intermediate Muni Bond ETF",
    "ticker": "MFSM",
    "slug": "MFSM",
    "series_id": "S000085668",
    "html_url": "https://fundwatcher.app/funds/MFSM/"
  },
  "fund_b": {
    "name": "PGIM National Muni Fund",
    "ticker": "DNMZX",
    "slug": "DNMZX",
    "series_id": "S000004518",
    "html_url": "https://fundwatcher.app/funds/DNMZX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.07724329787251648022357255821",
    "coverage_b_by_a": "0.07724329787251648022357255821",
    "shared_count": 27,
    "as_of": {
      "a": "2026-02-28",
      "b": "2026-02-27"
    },
    "a_top": [
      {
        "name": "State Street Navigator Securities Lending Portfolio II",
        "value": "3348853.41",
        "weight": "0.04555132",
        "shared": false
      },
      {
        "name": "ISHARES NATIONAL MUNI BOND ETF ISHARES NATIONAL MUNI BOND E",
        "value": "2946286.00",
        "weight": "0.04007557",
        "shared": true
      },
      {
        "name": "VANGUARD TAX-EXM",
        "value": "2946240.00",
        "weight": "0.04007494",
        "shared": true
      },
      {
        "name": "PASCO CNTY FL SOL WST DISP & RESOURCE RECOVERY SYS",
        "value": "751057.98",
        "weight": "0.01021594",
        "shared": false
      },
      {
        "name": "Kentucky Bond Development Corp., Series A",
        "value": "575936.10",
        "weight": "0.00783392",
        "shared": false
      },
      {
        "name": "CHERRY CREEK SD#5",
        "value": "575706.85",
        "weight": "0.00783080",
        "shared": false
      },
      {
        "name": "GTR ASHEVILLE REGL ARPT AUTH N REGD B/E AMT AG 5.25000000",
        "value": "549841.00",
        "weight": "0.00747897",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series F",
        "value": "548866.50",
        "weight": "0.00746572",
        "shared": false
      },
      {
        "name": "PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE",
        "value": "548835.85",
        "weight": "0.00746530",
        "shared": false
      },
      {
        "name": "PENNSYLVANIA ST ECON DEV FING REGD B/E AMT AG 5.50000000",
        "value": "545506.40",
        "weight": "0.00742001",
        "shared": true
      },
      {
        "name": "State of Minnesota 4.00% 08/01/2041",
        "value": "519783.60",
        "weight": "0.00707013",
        "shared": false
      },
      {
        "name": "NORTH ALLEGHENY PA SC",
        "value": "517393.05",
        "weight": "0.00703761",
        "shared": false
      },
      {
        "name": "NYC HSG DEV CORP-F-2",
        "value": "505958.35",
        "weight": "0.00688208",
        "shared": false
      },
      {
        "name": "SANTA NM 3.29% 12/10/2049 MT",
        "value": "504510.30",
        "weight": "0.00686238",
        "shared": false
      },
      {
        "name": "PENNSYLVANIA ST ECON DEV FING REGD B/E AMT 5.00000000",
        "value": "502491.85",
        "weight": "0.00683493",
        "shared": false
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "488218.46",
        "weight": "0.00664078",
        "shared": true
      },
      {
        "name": "BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE",
        "value": "469192.35",
        "weight": "0.00638198",
        "shared": false
      },
      {
        "name": "Fulton (County of), GA Development Authority (Georgia Institute of Technology), Series 2019, RB",
        "value": "447686.46",
        "weight": "0.00608946",
        "shared": false
      },
      {
        "name": "HOUSTON TX ARPT SYS REVENUE REGD B/E AMT 5.25000000",
        "value": "444149.82",
        "weight": "0.00604135",
        "shared": false
      },
      {
        "name": "Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2025B",
        "value": "394264.45",
        "weight": "0.00536281",
        "shared": true
      },
      {
        "name": "PROVIDENCE RI PUBLIC BLDGS AUTH REVENUE",
        "value": "385263.04",
        "weight": "0.00524037",
        "shared": false
      },
      {
        "name": "ROCKLAND CNTY NY SOL WST MGMT AUTH",
        "value": "381496.80",
        "weight": "0.00518914",
        "shared": false
      },
      {
        "name": "MAIN STR NAT GA 5% MT",
        "value": "378781.37",
        "weight": "0.00515221",
        "shared": true
      },
      {
        "name": "Los Angeles (City of), CA Department of Airports (Los Angeles International Airport), Series 2018 A, RB",
        "value": "365360.94",
        "weight": "0.00496966",
        "shared": false
      },
      {
        "name": "N ORLEANS AVIAT 5% 1/1/2036@",
        "value": "360164.97",
        "weight": "0.00489899",
        "shared": false
      },
      {
        "name": "METROHEALTH SYSTEM 5.5% 02-15-52",
        "value": "346519.60",
        "weight": "0.00471338",
        "shared": false
      },
      {
        "name": "COOK CNTY IL CMNTY SCH DIST #152 1/2 HAZEL CREST",
        "value": "344323.26",
        "weight": "0.00468351",
        "shared": false
      },
      {
        "name": "Omaha Airport Authority",
        "value": "337127.43",
        "weight": "0.00458563",
        "shared": false
      },
      {
        "name": "PUBLIC FIN AUTH WI REVENUE",
        "value": "337075.52",
        "weight": "0.00458492",
        "shared": false
      },
      {
        "name": "STHRN ILLINOIS ST UNIV",
        "value": "333782.21",
        "weight": "0.00454013",
        "shared": false
      },
      {
        "name": "CENTRL TX REGL MOBILITY AUTH REVENUE",
        "value": "333300.19",
        "weight": "0.00453357",
        "shared": false
      },
      {
        "name": "PUERTO RICO ELEC PWR AUTH PWRREVENUE",
        "value": "332263.43",
        "weight": "0.00451947",
        "shared": false
      },
      {
        "name": "Miami County Unified School District No 367 Osawatomie     5.250%  09/01/2042",
        "value": "328437.87",
        "weight": "0.00446743",
        "shared": false
      },
      {
        "name": "CHESAPEAKE VA HOSP AUTH HOSP FAC REVENUE",
        "value": "325167.81",
        "weight": "0.00442295",
        "shared": false
      },
      {
        "name": "PK CREEK MET DIST-REF",
        "value": "321069.87",
        "weight": "0.00436721",
        "shared": false
      },
      {
        "name": "LAWTON OK INDL DEV AUTH SALES TAX REVENUE",
        "value": "320865.30",
        "weight": "0.00436443",
        "shared": false
      },
      {
        "name": "RAMPART RANGE CO MET DIST #1 LIMITED TAX SUPPORTED & SPL REV",
        "value": "317772.51",
        "weight": "0.00432236",
        "shared": false
      },
      {
        "name": "MASSACHUSETTS ST EDUCTNL FING AUTH",
        "value": "317098.02",
        "weight": "0.00431319",
        "shared": false
      },
      {
        "name": "PENNSYLVANIA ST ECON DEV FING PASMED 03/60 ADJUSTABLE VAR",
        "value": "310811.90",
        "weight": "0.00422768",
        "shared": false
      },
      {
        "name": "GRAND PKWY TRANSPRTN",
        "value": "310065.69",
        "weight": "0.00421753",
        "shared": false
      },
      {
        "name": "RESTRUCTURED-SER A1",
        "value": "306984.12",
        "weight": "0.00417562",
        "shared": false
      },
      {
        "name": "MAINE HLTH & HGR EDUCTNL FACS AUTH REVENUE",
        "value": "302355.96",
        "weight": "0.00411266",
        "shared": false
      },
      {
        "name": "COMMERCE SCHOOL DISTRICT",
        "value": "300067.83",
        "weight": "0.00408154",
        "shared": false
      },
      {
        "name": "UT SALAPT 5 07/01/2042",
        "value": "299715.49",
        "weight": "0.00407675",
        "shared": false
      },
      {
        "name": "METROCARE SERVICES TX REVENUE",
        "value": "296998.54",
        "weight": "0.00403979",
        "shared": false
      },
      {
        "name": "GRAND RIVER CO HOSP DIST",
        "value": "294956.28",
        "weight": "0.00401201",
        "shared": false
      },
      {
        "name": "New York Transportation Development Corp., Series 2025",
        "value": "289840.85",
        "weight": "0.00394243",
        "shared": false
      },
      {
        "name": "SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE",
        "value": "286176.85",
        "weight": "0.00389260",
        "shared": false
      },
      {
        "name": "WYOMING MI PUBLIC SCHS",
        "value": "283499.98",
        "weight": "0.00385618",
        "shared": false
      },
      {
        "name": "MASSACHUSET REV 5% 7/1/2041",
        "value": "282728.95",
        "weight": "0.00384570",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "(PIPA070) PGIM Core Government Money Market Fund",
        "value": "54191907.44",
        "weight": "0.04386502",
        "shared": false
      },
      {
        "name": "VANGUARD TAX-EXM",
        "value": "14705625.00",
        "weight": "0.01190330",
        "shared": true
      },
      {
        "name": "ISHARES NATIONAL MUNI BOND ETF ISHARES NATIONAL MUNI BOND E",
        "value": "12138044.80",
        "weight": "0.00982500",
        "shared": true
      },
      {
        "name": "MAIN STR NAT GA 5% 5/1/2055 MT",
        "value": "10500555.26",
        "weight": "0.00849955",
        "shared": true
      },
      {
        "name": "Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020A-2 Class 1",
        "value": "8866180.80",
        "weight": "0.00717663",
        "shared": false
      },
      {
        "name": "District of Columbia Tobacco Settlement Financing Corp., Series 2001, RB",
        "value": "8198613.28",
        "weight": "0.00663627",
        "shared": false
      },
      {
        "name": "MUNIBOND",
        "value": "7884139.07",
        "weight": "0.00638173",
        "shared": false
      },
      {
        "name": "STATE OF ILLINOIS MCCORMICK PLACE EXPANSION PROJECT FUND NATL 0.0% 12-15-34",
        "value": "7571997.07",
        "weight": "0.00612907",
        "shared": false
      },
      {
        "name": "COLORADO ST HLTH FACS AUTH REV REGD V/R B/E 5.00000000",
        "value": "6981703.24",
        "weight": "0.00565126",
        "shared": false
      },
      {
        "name": "Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2025A",
        "value": "6649175.52",
        "weight": "0.00538210",
        "shared": false
      },
      {
        "name": "ONE BRYANT PARK LLC",
        "value": "6586627.66",
        "weight": "0.00533147",
        "shared": false
      },
      {
        "name": "MI STRAT FND 4% MT@",
        "value": "6158773.25",
        "weight": "0.00498515",
        "shared": false
      },
      {
        "name": "TN TGYPWR 12/01/2051",
        "value": "6085430.86",
        "weight": "0.00492578",
        "shared": false
      },
      {
        "name": "Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2025B",
        "value": "6064057.05",
        "weight": "0.00490848",
        "shared": true
      },
      {
        "name": "ENERGY SOUTHEAST A COOPERATIVE ESDPWR 11/35 FIXED 5",
        "value": "6006445.47",
        "weight": "0.00486185",
        "shared": false
      },
      {
        "name": "Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2024A-1",
        "value": "5895859.48",
        "weight": "0.00477234",
        "shared": false
      },
      {
        "name": "Los Angeles Department of Water & Power, Series 2021, RB",
        "value": "5865059.89",
        "weight": "0.00474741",
        "shared": false
      },
      {
        "name": "LOWER COLORADO RIVER TX AUTH TRANSMISSION CONTRACT REVENUE",
        "value": "5778007.51",
        "weight": "0.00467694",
        "shared": false
      },
      {
        "name": "BLACK BELT ENERGY GAS VAR",
        "value": "5756670.42",
        "weight": "0.00465967",
        "shared": false
      },
      {
        "name": "NYC TRANSITIONAL-H-1",
        "value": "5701829.15",
        "weight": "0.00461528",
        "shared": false
      },
      {
        "name": "NOVELIS CORP (MPT) 5.0% 06-01-55",
        "value": "5669766.01",
        "weight": "0.00458933",
        "shared": true
      },
      {
        "name": "NY TRANSITIONAL FIN-D",
        "value": "5645496.37",
        "weight": "0.00456968",
        "shared": false
      },
      {
        "name": "UT TELECOM OPEN INFR",
        "value": "5631110.40",
        "weight": "0.00455804",
        "shared": false
      },
      {
        "name": "SOUTHEAST ENERGY-D",
        "value": "5620007.32",
        "weight": "0.00454905",
        "shared": false
      },
      {
        "name": "STRN UT INDN CO 5% 4/1/2035",
        "value": "5593851.85",
        "weight": "0.00452788",
        "shared": false
      },
      {
        "name": "State of Illinois Sales Tax, Series 2025B",
        "value": "5538363.65",
        "weight": "0.00448296",
        "shared": false
      },
      {
        "name": "Black Belt Energy Gas District, Series F",
        "value": "5503822.33",
        "weight": "0.00445501",
        "shared": true
      },
      {
        "name": "WI PUBGEN 06/15/2063",
        "value": "5498758.77",
        "weight": "0.00445091",
        "shared": false
      },
      {
        "name": "WEYERHAEUSER CO (MPT) 3.875% 10-15-65",
        "value": "5474074.85",
        "weight": "0.00443093",
        "shared": true
      },
      {
        "name": "UNIV OF TEXAS TX PERMANENT UNI REGD N/C B/E 5.00000000",
        "value": "5439709.40",
        "weight": "0.00440311",
        "shared": false
      },
      {
        "name": "CA CCEDEV 5 03/01/2036",
        "value": "5437637.71",
        "weight": "0.00440143",
        "shared": true
      },
      {
        "name": "N TX TOLLWAY AUTH REVENUE REGD N/C ZCP OID B/E AG 0.00000000",
        "value": "5358267.21",
        "weight": "0.00433719",
        "shared": false
      },
      {
        "name": "Southeast Energy Authority, Alabama, Commodity Supply Revenue Bonds, Project 5, Series 2023A",
        "value": "5330426.03",
        "weight": "0.00431465",
        "shared": false
      },
      {
        "name": "Pinal (County of), AZ Industrial Development Authority (Green Bonds), Series 2021 C, RB",
        "value": "5312743.76",
        "weight": "0.00430034",
        "shared": false
      },
      {
        "name": "BLACK BELT ENERGY GAS VAR",
        "value": "5241561.89",
        "weight": "0.00424272",
        "shared": false
      },
      {
        "name": "Black Belt Energy Gas District, Series 2025 A",
        "value": "5222706.22",
        "weight": "0.00422746",
        "shared": true
      },
      {
        "name": "Harris County Toll Road, Series A",
        "value": "5215531.37",
        "weight": "0.00422165",
        "shared": false
      },
      {
        "name": "SOUTH CAROLINA ST PUBLIC SVC A REGD B/E 5.00000000",
        "value": "5111096.83",
        "weight": "0.00413712",
        "shared": false
      },
      {
        "name": "Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2022A-1",
        "value": "5098369.98",
        "weight": "0.00412682",
        "shared": false
      },
      {
        "name": "GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE",
        "value": "5077782.44",
        "weight": "0.00411015",
        "shared": false
      },
      {
        "name": "South Dakota Health & Educational Facilities Authority",
        "value": "5024442.67",
        "weight": "0.00406698",
        "shared": false
      },
      {
        "name": "STATE OF ILLINOIS MCCORMICK PLACE EXPANSION PROJECT FUND NATL 0.0% 06-15-37",
        "value": "5011060.52",
        "weight": "0.00405615",
        "shared": false
      },
      {
        "name": "WA ST HSG FIN COMM-1",
        "value": "4994533.57",
        "weight": "0.00404277",
        "shared": false
      },
      {
        "name": "New Hampshire (State of) Business Finance Authority (Social Certificates), Series 2024-1A, RB",
        "value": "4949484.17",
        "weight": "0.00400630",
        "shared": false
      },
      {
        "name": "TARRANT TX EDFC 5% 11/15/2051 MT",
        "value": "4943030.93",
        "weight": "0.00400108",
        "shared": false
      },
      {
        "name": "MAIN STR NAT GA 5% MT",
        "value": "4919801.33",
        "weight": "0.00398228",
        "shared": false
      },
      {
        "name": "Public Finance Authority",
        "value": "4898655.67",
        "weight": "0.00396516",
        "shared": false
      },
      {
        "name": "TX TXSSFH 5.5 09/01/2052",
        "value": "4836277.55",
        "weight": "0.00391467",
        "shared": false
      },
      {
        "name": "PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE",
        "value": "4808190.82",
        "weight": "0.00389193",
        "shared": false
      },
      {
        "name": "State of Colorado, Rural Colorado, Certificates of Participation, Series 2022",
        "value": "4787146.30",
        "weight": "0.00387490",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0001410368-26-040051",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/2018846/000141036826040051/0001410368-26-040051-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0000940400-26-014266",
      "as_of": "2026-02-27",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/314612/000094040026014266/0000940400-26-014266-index.htm"
    }
  ]
}