{
  "page": "compare",
  "query": {
    "a": "PIMAX",
    "b": "BATEX"
  },
  "retrieved_at": "2026-07-07T18:45:00+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": "Victory Pioneer High Income Municipal Fund",
    "ticker": "PIMAX",
    "slug": "PIMAX",
    "series_id": "S000089772",
    "html_url": "https://fundwatcher.app/funds/PIMAX/"
  },
  "fund_b": {
    "name": "BATS: High Income Municipal Series",
    "ticker": "BATEX",
    "slug": "BATEX",
    "series_id": "S000046220",
    "html_url": "https://fundwatcher.app/funds/BATEX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.07501911812176647641991745611",
    "coverage_b_by_a": "0.07501911812176647641991745611",
    "shared_count": 28,
    "as_of": {
      "a": "2026-02-28",
      "b": "2026-03-31"
    },
    "a_top": [
      {
        "name": "City of Hammond IN",
        "value": "25000995.60",
        "weight": "0.03502692",
        "shared": false
      },
      {
        "name": "GOLDEN ST TOBACCO SECURITIZATI REGD ZCP OID B/E 0.00000000",
        "value": "17938800.00",
        "weight": "0.02513264",
        "shared": true
      },
      {
        "name": "GOLDEN ST TOBACCO-A1",
        "value": "16121490.00",
        "weight": "0.02258655",
        "shared": false
      },
      {
        "name": "BUCKEYE TOBACCO SETTLEMENT FIN BUCGEN 06/57 ZEROCPNOID 0",
        "value": "16115380.00",
        "weight": "0.02257799",
        "shared": true
      },
      {
        "name": "Nassau County Tobacco Settlement Corp., Series A-3",
        "value": "14964805.00",
        "weight": "0.02096601",
        "shared": false
      },
      {
        "name": "WI PUBTRN 5.75 06/30/2060",
        "value": "14646520.00",
        "weight": "0.02052008",
        "shared": false
      },
      {
        "name": "Arlington Higher Education Finance Corp",
        "value": "14203642.63",
        "weight": "0.01989960",
        "shared": false
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000",
        "value": "14188641.50",
        "weight": "0.01987859",
        "shared": true
      },
      {
        "name": "Vail Home Partners Corp., Series 2025",
        "value": "13640232.00",
        "weight": "0.01911025",
        "shared": false
      },
      {
        "name": "Southwestern Illinois Development Authority",
        "value": "11696612.50",
        "weight": "0.01638720",
        "shared": false
      },
      {
        "name": "Kansas Development Finance Authority Revenue Bonds, Village Shalom Project, Series 2018A",
        "value": "11197740.45",
        "weight": "0.01568827",
        "shared": false
      },
      {
        "name": "Phoenix Industrial Development Authority, Arizona, Multi-Family Housing Revenue Bonds, 3rd and Indian Road Assisted Living Project, Series 2016",
        "value": "10341241.20",
        "weight": "0.01448830",
        "shared": false
      },
      {
        "name": "Inland Empire Tobacco Securitization Corp., Series 2007C-1",
        "value": "10067600.00",
        "weight": "0.01410492",
        "shared": true
      },
      {
        "name": "GA PWR - SOUTHERN CO 18-1 V1",
        "value": "9600000.00",
        "weight": "0.01344980",
        "shared": false
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000",
        "value": "9481937.88",
        "weight": "0.01328439",
        "shared": false
      },
      {
        "name": "Greater Texas Cultural Education Facilities Finance Corp",
        "value": "9198495.00",
        "weight": "0.01288729",
        "shared": false
      },
      {
        "name": "Delaware (County of), PA Industrial Development Authority (Mercy Health Corp. of Southeastern PA), Series 2016 A, RB",
        "value": "8466269.75",
        "weight": "0.01186142",
        "shared": false
      },
      {
        "name": "FL ST DEV FIN CORP",
        "value": "8448210.00",
        "weight": "0.01183612",
        "shared": false
      },
      {
        "name": "Indiana (State of) Housing & Community Development Authority (Lake Meadows Assisted Living), Series 2019 A, RB",
        "value": "8342335.25",
        "weight": "0.01168779",
        "shared": false
      },
      {
        "name": "New York Counties Tobacco Trust IV, Tobacco Settlement Pass-Through Bonds, Turbo Term Series 2005A",
        "value": "8277204.00",
        "weight": "0.01159654",
        "shared": true
      },
      {
        "name": "INDIANA ST HSG & CMNTY DEV AUTH MF HSG REVENUE",
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        "shared": false
      },
      {
        "name": "County of Otero NM",
        "value": "7994565.40",
        "weight": "0.01120055",
        "shared": false
      },
      {
        "name": "City of Detroit MI",
        "value": "7946357.26",
        "weight": "0.01113301",
        "shared": false
      },
      {
        "name": "PUERTO RICO CMWLTH",
        "value": "7937500.00",
        "weight": "0.01112060",
        "shared": true
      },
      {
        "name": "Westchester County Local Development Corp. (Purchase Senior Learning Community, Inc.), Series 2021, Ref. RB",
        "value": "7414560.00",
        "weight": "0.01038795",
        "shared": false
      },
      {
        "name": "UNITED STATES STEEL CORP 5.45% 09-01-52",
        "value": "7045430.00",
        "weight": "0.00987080",
        "shared": false
      },
      {
        "name": "PORT OF PORT ARTHUR TX NAV DIST",
        "value": "7000000.00",
        "weight": "0.00980715",
        "shared": false
      },
      {
        "name": "City of Anderson, Series 2020 A",
        "value": "6976411.50",
        "weight": "0.00977410",
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      },
      {
        "name": "VA TOBGEN 6.71 06/01/2046",
        "value": "6826050.00",
        "weight": "0.00956344",
        "shared": false
      },
      {
        "name": "ARLINGTON TX HGR EDU FIN CORP EDU REVENUE",
        "value": "6820254.47",
        "weight": "0.00955532",
        "shared": false
      },
      {
        "name": "DESERTXPRESS ENTERPRISES LLC (MPT) 12.0% 01-01-65",
        "value": "6770157.46",
        "weight": "0.00948513",
        "shared": true
      },
      {
        "name": "WI PUBTRN 5.75 12/31/2065",
        "value": "6760975.00",
        "weight": "0.00947227",
        "shared": false
      },
      {
        "name": "New York Counties Tobacco Trust VI, Series A-2B",
        "value": "6548167.20",
        "weight": "0.00917412",
        "shared": false
      },
      {
        "name": "AEROTROPOLIS REGL TRANPRTN AUT REGD B/E 5.75000000",
        "value": "6536985.00",
        "weight": "0.00915845",
        "shared": false
      },
      {
        "name": "New York Counties Tobacco Trust VI, Series 2016 A-2, Ref. RB",
        "value": "6527973.90",
        "weight": "0.00914583",
        "shared": true
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000",
        "value": "6356805.00",
        "weight": "0.00890602",
        "shared": true
      },
      {
        "name": "Michigan Strategic Fund",
        "value": "6259960.00",
        "weight": "0.00877034",
        "shared": false
      },
      {
        "name": "Puerto Rico, General Obligation Bonds, Vintage CW NT Claims Taxable Series 2022",
        "value": "6186646.43",
        "weight": "0.00866762",
        "shared": true
      },
      {
        "name": "Michigan Finance Authority",
        "value": "5984149.60",
        "weight": "0.00838392",
        "shared": false
      },
      {
        "name": "Philadelphia Authority for Industrial Development, Pennsylvania, Revenue Bonds, Mariana Bracetti Academy Project, Taxable Series 2020B",
        "value": "5979714.00",
        "weight": "0.00837771",
        "shared": false
      },
      {
        "name": "District of Columbia Tobacco Settlement Financing Corp., Series 2006 A, RB",
        "value": "5765250.00",
        "weight": "0.00807724",
        "shared": true
      },
      {
        "name": "PORT PORT ARTHUR TX NAV DIST VAR-MOTIVA ENTERPRISES PJ-A",
        "value": "5700000.00",
        "weight": "0.00798582",
        "shared": false
      },
      {
        "name": "California Municipal Finance Authority",
        "value": "5698629.65",
        "weight": "0.00798390",
        "shared": false
      },
      {
        "name": "CAPITAL TRUST AGY FL STUDENT HSG REVENUE",
        "value": "5684760.00",
        "weight": "0.00796447",
        "shared": false
      },
      {
        "name": "Puerto Rico Industrial Development Co., Series 2023",
        "value": "5628482.00",
        "weight": "0.00788562",
        "shared": false
      },
      {
        "name": "Philadelphia Authority for Industrial Development",
        "value": "5557798.98",
        "weight": "0.00778659",
        "shared": false
      },
      {
        "name": "ARKANSAS ST DEV FIN AUTH INDL REGD B/E AMT 6.87500000",
        "value": "5358350.00",
        "weight": "0.00750716",
        "shared": true
      },
      {
        "name": "OH BUCGEN 5 06/01/2055",
        "value": "5350210.50",
        "weight": "0.00749576",
        "shared": true
      },
      {
        "name": "COLORADO EDUCTNL & CULTURAL AUTH REVENUE",
        "value": "5298750.00",
        "weight": "0.00742366",
        "shared": true
      },
      {
        "name": "PUERTO RICO TOLLROADS LLC 5.75% 07-01-49",
        "value": "5255000.00",
        "weight": "0.00736237",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "Puerto Rico, General Obligation Bonds, Vintage CW NT Claims Taxable Series 2022",
        "value": "13585780.82",
        "weight": "0.02136335",
        "shared": true
      },
      {
        "name": "MASSACHUSETTS ST MAS 12/54 FIXED 5",
        "value": "9719276.80",
        "weight": "0.01528335",
        "shared": false
      },
      {
        "name": "NY NYCGEN 5 11/01/2050",
        "value": "7705144.50",
        "weight": "0.01211617",
        "shared": false
      },
      {
        "name": "DESERTXPRESS ENTERPRISES LLC (MPT) 12.0% 01-01-65",
        "value": "7557800.00",
        "weight": "0.01188448",
        "shared": true
      },
      {
        "name": "PUERTO RICO CMWLTH",
        "value": "6316027.50",
        "weight": "0.00993182",
        "shared": true
      },
      {
        "name": "OH BUCGEN 5 06/01/2055",
        "value": "5704888.75",
        "weight": "0.00897082",
        "shared": true
      },
      {
        "name": "GOLDEN ST TOBACCO SECURITIZATI REGD ZCP OID B/E 0.00000000",
        "value": "5579241.61",
        "weight": "0.00877324",
        "shared": true
      },
      {
        "name": "Mobile (County of), AL Industrial Development Authority (AM/NS Calvert LLC), Series 2024, RB",
        "value": "5463838.84",
        "weight": "0.00859177",
        "shared": false
      },
      {
        "name": "CHICAGO IL BRD OF EDU REGD OID B/E 5.75000000",
        "value": "5449673.00",
        "weight": "0.00856949",
        "shared": false
      },
      {
        "name": "BLACK BELT ENERGY GAS VAR",
        "value": "5345212.77",
        "weight": "0.00840523",
        "shared": false
      },
      {
        "name": "District of Columbia Income Tax Revenue (TOBs)",
        "value": "5189896.00",
        "weight": "0.00816100",
        "shared": false
      },
      {
        "name": "NY TRANSPRTN DEV CORP",
        "value": "5179267.50",
        "weight": "0.00814429",
        "shared": false
      },
      {
        "name": "Sabine-Neches Navigation District (TOBs)",
        "value": "5149911.50",
        "weight": "0.00809813",
        "shared": false
      },
      {
        "name": "TX PABSTC 5% 6/30/2058@",
        "value": "5146300.31",
        "weight": "0.00809245",
        "shared": false
      },
      {
        "name": "FL ST DFC 5% 7/1/2044 @",
        "value": "4723096.72",
        "weight": "0.00742697",
        "shared": false
      },
      {
        "name": "ORANGE HLTH FACS-A",
        "value": "4683808.50",
        "weight": "0.00736519",
        "shared": false
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD OID B/E 4.75000000",
        "value": "4655942.00",
        "weight": "0.00732137",
        "shared": true
      },
      {
        "name": "NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE",
        "value": "4460594.00",
        "weight": "0.00701419",
        "shared": false
      },
      {
        "name": "WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE",
        "value": "4425000.00",
        "weight": "0.00695822",
        "shared": false
      },
      {
        "name": "Salem Hospital Facility Authority (Salem Health), Series 2019, Ref. RB",
        "value": "4357679.50",
        "weight": "0.00685236",
        "shared": false
      },
      {
        "name": "PRATT PAPER OH LLC 4.5% 01-15-48",
        "value": "4322866.65",
        "weight": "0.00679762",
        "shared": false
      },
      {
        "name": "PORT NY NJ 4% 7/15/55@",
        "value": "4269348.28",
        "weight": "0.00671346",
        "shared": false
      },
      {
        "name": "MET TRANSPRTN AUTH NY DEDICATED TAX FUND",
        "value": "4205000.00",
        "weight": "0.00661227",
        "shared": false
      },
      {
        "name": "Pennsylvania Turnpike Commission, Series 2020A",
        "value": "4200000.00",
        "weight": "0.00660441",
        "shared": false
      },
      {
        "name": "COLORADO EDUCTNL & CULTURAL AUTH REVENUE",
        "value": "3842478.43",
        "weight": "0.00604221",
        "shared": false
      },
      {
        "name": "UNIV OF COLORADO CO HOSP AUTH UCOMED 11/35 ADJUSTABLE VAR",
        "value": "3830000.00",
        "weight": "0.00602259",
        "shared": false
      },
      {
        "name": "Louisiana (State of) Public Facilities Authority (I-10 Calcasieu River Bridge), Series 2024, RB",
        "value": "3726476.59",
        "weight": "0.00585980",
        "shared": false
      },
      {
        "name": "PORT OF MORROW OR REGD B/E 5.15000000",
        "value": "3514852.02",
        "weight": "0.00552703",
        "shared": false
      },
      {
        "name": "LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE",
        "value": "3496678.00",
        "weight": "0.00549845",
        "shared": false
      },
      {
        "name": "RESTRUCTURED-SER A1",
        "value": "3394423.85",
        "weight": "0.00533766",
        "shared": false
      },
      {
        "name": "HOUSTON TX ARPT SYS REVENUE",
        "value": "3376083.75",
        "weight": "0.00530882",
        "shared": false
      },
      {
        "name": "NYC TRANSITIONAL-E4",
        "value": "3315000.00",
        "weight": "0.00521277",
        "shared": false
      },
      {
        "name": "NEW YORK ST TWY-A-REF",
        "value": "3292832.75",
        "weight": "0.00517791",
        "shared": false
      },
      {
        "name": "Metropolitan Atlanta Rapid Transit Authority, Series 2025A",
        "value": "3197596.99",
        "weight": "0.00502815",
        "shared": false
      },
      {
        "name": "OKLAHOMA ST DEV FIN AUTH REGD B/E 7.25000000",
        "value": "3182214.67",
        "weight": "0.00500396",
        "shared": false
      },
      {
        "name": "Maricopa (County of), AZ Industrial Development Authority (Commercial Metals Co.), Series 2022, RB",
        "value": "3124400.92",
        "weight": "0.00491305",
        "shared": false
      },
      {
        "name": "RB (Triangle Expressway) Series 2019",
        "value": "3022848.30",
        "weight": "0.00475336",
        "shared": false
      },
      {
        "name": "PUBLIC FIN AUTH WI SPL REVENUE",
        "value": "3000688.76",
        "weight": "0.00471852",
        "shared": false
      },
      {
        "name": "Mobile (County of), AL Industrial Development Authority (AM/NS Calvert LLC), Series 2024, RB",
        "value": "2955165.95",
        "weight": "0.00464694",
        "shared": false
      },
      {
        "name": "AZ HLTH FACS AUTH-C",
        "value": "2900000.00",
        "weight": "0.00456019",
        "shared": false
      },
      {
        "name": "STATE OF NEW JERSEY 4.0% 06-15-45",
        "value": "2821393.80",
        "weight": "0.00443658",
        "shared": false
      },
      {
        "name": "PA GEIMED 4 02/15/2047",
        "value": "2797069.44",
        "weight": "0.00439833",
        "shared": false
      },
      {
        "name": "Escambia County Health Facilities Authority",
        "value": "2758406.09",
        "weight": "0.00433753",
        "shared": false
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000",
        "value": "2667515.76",
        "weight": "0.00419461",
        "shared": true
      },
      {
        "name": "Redtail Ridge Metropolitan District, Series 2025, GO Bonds",
        "value": "2541414.09",
        "weight": "0.00399632",
        "shared": false
      },
      {
        "name": "MS BUS-VAR-E-CHEVRON",
        "value": "2540000.00",
        "weight": "0.00399410",
        "shared": false
      },
      {
        "name": "UNITED AIRLINES INC 4.0% 07-15-29",
        "value": "2508197.75",
        "weight": "0.00394409",
        "shared": false
      },
      {
        "name": "TENNERGY CORP TN GAS REVENUE TGYPWR 10/53 ADJUSTABLE VAR",
        "value": "2466204.08",
        "weight": "0.00387805",
        "shared": false
      },
      {
        "name": "MOHEG CT 608327 7.00% 2/1/2045",
        "value": "2450348.33",
        "weight": "0.00385312",
        "shared": false
      },
      {
        "name": "BALDWIN CNTY AL INDL DEV AUTH REGD V/R B/E AMT 4.30000000",
        "value": "2438693.64",
        "weight": "0.00383479",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0001004726-26-003130",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/2042316/000100472626003130/0001004726-26-003130-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0000940400-26-020777",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1221845/000094040026020777/0000940400-26-020777-index.htm"
    }
  ]
}