{
  "page": "compare",
  "query": {
    "a": "PCMFX",
    "b": "LTCAX"
  },
  "retrieved_at": "2026-07-07T18:17:41+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": "California Municipal Fund",
    "ticker": "PCMFX",
    "slug": "PCMFX",
    "series_id": "S000014232",
    "html_url": "https://fundwatcher.app/funds/PCMFX/"
  },
  "fund_b": {
    "name": "Thornburg California Limited Term Municipal Fund",
    "ticker": "LTCAX",
    "slug": "LTCAX",
    "series_id": "S000011841",
    "html_url": "https://fundwatcher.app/funds/LTCAX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.05744627995118127402971047934",
    "coverage_b_by_a": "0.05744627995118127402971047934",
    "shared_count": 7,
    "as_of": {
      "a": "2026-01-31",
      "b": "2026-03-31"
    },
    "a_top": [
      {
        "name": "P3 IRVINE SL HOLDINGS LLC OBLIGATED GROUP 6.5% 06-01-54",
        "value": "16752336.02",
        "weight": "0.02510736",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST POLL CONTROL FIN REGD B/E AMT 5.00000000",
        "value": "12549818.75",
        "weight": "0.01880889",
        "shared": false
      },
      {
        "name": "California (State of) Housing Finance Agency (Social Certificates), Series 2021-2A, Revenue Ctfs.",
        "value": "12190772.01",
        "weight": "0.01827077",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST EDU FAC",
        "value": "11342043.46",
        "weight": "0.01699875",
        "shared": false
      },
      {
        "name": "San Diego County Regional Airport Authority, Series 2019A",
        "value": "11092942.26",
        "weight": "0.01662541",
        "shared": false
      },
      {
        "name": "California (State of) Educational Facilities Authority (Stanford University), Series 2014 U-6, RB",
        "value": "11038220.43",
        "weight": "0.01654340",
        "shared": false
      },
      {
        "name": "KAISER FOUNDATION HOSPITALS (MPT) 5.0% 06-01-41",
        "value": "10989299.00",
        "weight": "0.01647008",
        "shared": true
      },
      {
        "name": "Los Angeles County Public Works Financing Authority, Series J",
        "value": "10966569.00",
        "weight": "0.01643601",
        "shared": false
      },
      {
        "name": "Sacramento (County of), CA, Series 2024, RB",
        "value": "10638947.00",
        "weight": "0.01594499",
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      },
      {
        "name": "California Municipal Finance Authority",
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        "weight": "0.01594088",
        "shared": false
      },
      {
        "name": "San Francisco City & County Airport Comm-San Francisco International Airport, Series 2025D",
        "value": "10597367.00",
        "weight": "0.01588268",
        "shared": false
      },
      {
        "name": "GOLDEN ST TOBACCO SECURITIZATI REGD B/E 5.00000000",
        "value": "10434389.93",
        "weight": "0.01563842",
        "shared": false
      },
      {
        "name": "State of California, Series 2025, GO Bonds",
        "value": "10407157.85",
        "weight": "0.01559760",
        "shared": false
      },
      {
        "name": "Los Angeles Department of Water & Power Water System Revenue",
        "value": "10197380.49",
        "weight": "0.01528320",
        "shared": false
      },
      {
        "name": "SAN JOAQUIN VLY CLEAN ENERGY AUTH CA CLEAN ENERGY REVENUE",
        "value": "10173259.76",
        "weight": "0.01524705",
        "shared": true
      },
      {
        "name": "California (State of) Housing Finance Agency, Series 2021-1A, Revenue Ctfs.",
        "value": "9136855.85",
        "weight": "0.01369375",
        "shared": false
      },
      {
        "name": "CA PCFA WTR FUR 5% 7/1/2039",
        "value": "8776607.85",
        "weight": "0.01315383",
        "shared": false
      },
      {
        "name": "UNITED AIRLINES INC 4.0% 07-15-29",
        "value": "8537998.77",
        "weight": "0.01279622",
        "shared": true
      },
      {
        "name": "SACRAMENTO USD-C",
        "value": "8344924.00",
        "weight": "0.01250685",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST MUNI FIN AUTH REVENUE",
        "value": "8201936.00",
        "weight": "0.01229255",
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      },
      {
        "name": "GUAM GOVT WTRWKS AUTH WTR & WSTWTR SYS REVENUE",
        "value": "8015088.85",
        "weight": "0.01201252",
        "shared": false
      },
      {
        "name": "Compton Public Finance Authority",
        "value": "8003421.60",
        "weight": "0.01199503",
        "shared": false
      },
      {
        "name": "California (State of) Housing Finance Agency, Series 2019 A, RB",
        "value": "7818003.60",
        "weight": "0.01171714",
        "shared": false
      },
      {
        "name": "LAX INTEGRATED EXPRESS SOLUTIONS LLC 5.0% 12-31-34",
        "value": "7785820.48",
        "weight": "0.01166890",
        "shared": false
      },
      {
        "name": "CALIFORNIA STWD CMNTYS DEV AUTH REVENUE",
        "value": "7030573.90",
        "weight": "0.01053699",
        "shared": false
      },
      {
        "name": "CA MUNI FIN AUTH-A",
        "value": "6615816.17",
        "weight": "0.00991537",
        "shared": false
      },
      {
        "name": "STATE OF CALIFORNIA",
        "value": "6596862.00",
        "weight": "0.00988697",
        "shared": false
      },
      {
        "name": "KAISER FOUNDATION HOSPITALS 5.0% 11-01-47",
        "value": "6531993.25",
        "weight": "0.00978975",
        "shared": false
      },
      {
        "name": "DESERTXPRESS ENTERPRISES LLC (MPT) 12.0% 01-01-65",
        "value": "6491250.00",
        "weight": "0.00972868",
        "shared": false
      },
      {
        "name": "Puerto Rico Industrial Tourist Educational Medical & Environmental Control Facilities Financing Authority, Series 2023 A-1",
        "value": "6288309.29",
        "weight": "0.00942453",
        "shared": false
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000",
        "value": "6162233.30",
        "weight": "0.00923557",
        "shared": false
      },
      {
        "name": "State of California, Series 2025, GO Bonds",
        "value": "6059189.00",
        "weight": "0.00908114",
        "shared": false
      },
      {
        "name": "San Jose (City of), CA, Series 2017 A, Ref. RB",
        "value": "6004896.00",
        "weight": "0.00899976",
        "shared": false
      },
      {
        "name": "State of California, Series 2007",
        "value": "5780229.50",
        "weight": "0.00866305",
        "shared": false
      },
      {
        "name": "Toll Road Sr Lien Refunding RB Series 2021A",
        "value": "5677067.40",
        "weight": "0.00850844",
        "shared": false
      },
      {
        "name": "California (State of) Educational Facilities Authority (Stanford University), Series 2013 U-3, RB",
        "value": "5519347.39",
        "weight": "0.00827205",
        "shared": false
      },
      {
        "name": "STHRN CA MET WTR DT-C",
        "value": "5434380.50",
        "weight": "0.00814471",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series F",
        "value": "5405148.00",
        "weight": "0.00810090",
        "shared": true
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "5361294.50",
        "weight": "0.00803518",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series 2023 E-1",
        "value": "5340721.00",
        "weight": "0.00800434",
        "shared": true
      },
      {
        "name": "Alameda Corridor Transportation Authority, Series 2016B",
        "value": "5336805.16",
        "weight": "0.00799847",
        "shared": false
      },
      {
        "name": "LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE",
        "value": "5285955.50",
        "weight": "0.00792226",
        "shared": false
      },
      {
        "name": "UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.25000000",
        "value": "5284052.63",
        "weight": "0.00791941",
        "shared": false
      },
      {
        "name": "Santa Monica-Malibu Unified School District, Series A",
        "value": "5258342.50",
        "weight": "0.00788088",
        "shared": false
      },
      {
        "name": "GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT",
        "value": "5194673.50",
        "weight": "0.00778545",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST HLTH FACS FING AUTH REVENUE",
        "value": "5181590.99",
        "weight": "0.00776585",
        "shared": false
      },
      {
        "name": "California Municipal Finance Authority",
        "value": "5130411.00",
        "weight": "0.00768914",
        "shared": false
      },
      {
        "name": "STHRN CA",
        "value": "5068065.71",
        "weight": "0.00759570",
        "shared": false
      },
      {
        "name": "CALIFORNIA HSG FIN AGY AFFORDABLE HSG REVENUE",
        "value": "4908389.64",
        "weight": "0.00735639",
        "shared": false
      },
      {
        "name": "Tender Option Bond Trust Receipts/Certificates",
        "value": "4742952.93",
        "weight": "0.00710844",
        "shared": false
      }
    ],
    "b_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": 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": true
      },
      {
        "name": "SAN JOAQUIN VLY CLEAN ENERGY AUTH CA CLEAN ENERGY REVENUE",
        "value": "5215425.60",
        "weight": "0.01784623",
        "shared": true
      },
      {
        "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": false
      },
      {
        "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": false
      },
      {
        "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": 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",
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      },
      {
        "name": "UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.00000000",
        "value": "2881317.50",
        "weight": "0.00985934",
        "shared": false
      },
      {
        "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": false
      },
      {
        "name": "State of California",
        "value": "2055918.00",
        "weight": "0.00703497",
        "shared": false
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      {
        "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
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0000898745-26-000439",
      "as_of": "2026-01-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/898745/000089874526000439/0000898745-26-000439-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "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"
    }
  ]
}