{
  "page": "compare",
  "query": {
    "a": "SNCAX",
    "b": "LTCAX"
  },
  "retrieved_at": "2026-07-07T18:47:52+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 Portfolio",
    "ticker": "SNCAX",
    "slug": "SNCAX",
    "series_id": "S000011051",
    "html_url": "https://fundwatcher.app/funds/SNCAX/"
  },
  "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": "0.08331893793562452469929360231",
    "coverage_b_by_a": "0.08331893793562452469929360231",
    "shared_count": 16,
    "as_of": {
      "a": "2025-09-30",
      "b": "2026-03-31"
    },
    "a_top": [
      {
        "name": "Los Angeles (City of), CA, Series 2025, RN",
        "value": "50960590.00",
        "weight": "0.04791096",
        "shared": true
      },
      {
        "name": "LOS ANGELES UNIF SD-A",
        "value": "31331498.66",
        "weight": "0.02945653",
        "shared": false
      },
      {
        "name": "UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.00000000",
        "value": "20324502.00",
        "weight": "0.01910823",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series 2023 E-1",
        "value": "15890466.97",
        "weight": "0.01493954",
        "shared": true
      },
      {
        "name": "SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV",
        "value": "14304136.60",
        "weight": "0.01344814",
        "shared": false
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "13666477.30",
        "weight": "0.01284864",
        "shared": false
      },
      {
        "name": "Bay Area Toll Authority",
        "value": "12978706.64",
        "weight": "0.01220202",
        "shared": true
      },
      {
        "name": "San Francisco City & County Airport Comm-San Francisco International Airport",
        "value": "11537213.44",
        "weight": "0.01084679",
        "shared": false
      },
      {
        "name": "State of California",
        "value": "11132256.00",
        "weight": "0.01046607",
        "shared": false
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "10979394.00",
        "weight": "0.01032236",
        "shared": true
      },
      {
        "name": "LOS ANGELES WTR-A-REF",
        "value": "10871115.00",
        "weight": "0.01022056",
        "shared": false
      },
      {
        "name": "SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE",
        "value": "10829579.93",
        "weight": "0.01018151",
        "shared": false
      },
      {
        "name": "NRTHRN CA ENRGY",
        "value": "10806727.00",
        "weight": "0.01016002",
        "shared": true
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 C, RB",
        "value": "10669122.00",
        "weight": "0.01003065",
        "shared": true
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB",
        "value": "10589431.00",
        "weight": "0.00995573",
        "shared": false
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB",
        "value": "10587371.00",
        "weight": "0.00995379",
        "shared": false
      },
      {
        "name": "San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Second Series 2024, Ref. RB",
        "value": "10469069.00",
        "weight": "0.00984257",
        "shared": false
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Green Bonds), Series 2023, RB",
        "value": "10208329.64",
        "weight": "0.00959743",
        "shared": true
      },
      {
        "name": "CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE",
        "value": "10165713.00",
        "weight": "0.00955737",
        "shared": false
      },
      {
        "name": "California (State of) Housing Finance Agency, Series 2019 A-2, RB",
        "value": "10112078.28",
        "weight": "0.00950694",
        "shared": false
      },
      {
        "name": "YUCAIPA VLY WTR DIST FING AUTH REVENUE",
        "value": "10100304.00",
        "weight": "0.00949587",
        "shared": false
      },
      {
        "name": "Los Angeles Unified School District, Series 2018B-1",
        "value": "9591525.24",
        "weight": "0.00901754",
        "shared": false
      },
      {
        "name": "BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE",
        "value": "9261119.23",
        "weight": "0.00870691",
        "shared": false
      },
      {
        "name": "California (State of) Housing Finance Agency, Series 2021-1A, Revenue Ctfs.",
        "value": "9082338.85",
        "weight": "0.00853883",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST",
        "value": "8220000.00",
        "weight": "0.00772809",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series C",
        "value": "8193103.24",
        "weight": "0.00770280",
        "shared": false
      },
      {
        "name": "California (State of) Housing Finance Agency (Social Certificates), Series 2021-2A, Revenue Ctfs.",
        "value": "7603059.38",
        "weight": "0.00714807",
        "shared": false
      },
      {
        "name": "CA ST PUB WKS-A",
        "value": "7334407.50",
        "weight": "0.00689550",
        "shared": false
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "7175381.14",
        "weight": "0.00674599",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST HLTH FACS FING AUTH REVENUE",
        "value": "7025967.20",
        "weight": "0.00660551",
        "shared": false
      },
      {
        "name": "SOUTHERN CALIFORNIA EDISON CO 4.5% 11-01-33",
        "value": "6981219.10",
        "weight": "0.00656344",
        "shared": true
      },
      {
        "name": "NJ TRANSP 5% 6/15/29",
        "value": "6767834.06",
        "weight": "0.00636283",
        "shared": false
      },
      {
        "name": "MSR Energy Authority, Series B",
        "value": "6739935.38",
        "weight": "0.00633660",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series F",
        "value": "6583290.32",
        "weight": "0.00618933",
        "shared": true
      },
      {
        "name": "CALIFORNIA ST HLTH FACS FING AUTH REVENUE",
        "value": "6524236.55",
        "weight": "0.00613381",
        "shared": false
      },
      {
        "name": "M-S-R Energy Authority, Series A",
        "value": "6475327.34",
        "weight": "0.00608783",
        "shared": false
      },
      {
        "name": "UNIV OF CALIFORNIA CA REVENUES",
        "value": "6385214.40",
        "weight": "0.00600310",
        "shared": false
      },
      {
        "name": "San Francisco City & County Airport Comm-San Francisco International Airport, Series 2024 A",
        "value": "6214584.50",
        "weight": "0.00584269",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST HLTH FACS FING AUTH REVENUE",
        "value": "6022185.60",
        "weight": "0.00566180",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST HLTH FACS FING AUTH REVENUE",
        "value": "6014355.05",
        "weight": "0.00565444",
        "shared": false
      },
      {
        "name": "LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE",
        "value": "5873651.17",
        "weight": "0.00552216",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST UNIV REVENUE",
        "value": "5851841.80",
        "weight": "0.00550165",
        "shared": false
      },
      {
        "name": "CA UNIV REVENUE-A-REF",
        "value": "5827074.52",
        "weight": "0.00547837",
        "shared": false
      },
      {
        "name": "E CO AWP JT PWRS-A-2",
        "value": "5594483.40",
        "weight": "0.00525969",
        "shared": false
      },
      {
        "name": "San Diego County Regional Airport Authority",
        "value": "5541384.98",
        "weight": "0.00520977",
        "shared": false
      },
      {
        "name": "State of California 5.00% 03/01/2042",
        "value": "5475758.50",
        "weight": "0.00514807",
        "shared": false
      },
      {
        "name": "LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE",
        "value": "5434809.50",
        "weight": "0.00510958",
        "shared": false
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 D, RB",
        "value": "5339056.50",
        "weight": "0.00501955",
        "shared": false
      },
      {
        "name": "GOLDEN ST TOBACCO SEC",
        "value": "5252658.69",
        "weight": "0.00493832",
        "shared": false
      },
      {
        "name": "LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE",
        "value": "5183384.61",
        "weight": "0.00487320",
        "shared": true
      }
    ],
    "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": true
      },
      {
        "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": true
      },
      {
        "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": false
      },
      {
        "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": false
      },
      {
        "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": true
      },
      {
        "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": true
      },
      {
        "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": 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": 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
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0001410368-25-031099",
      "as_of": "2025-09-30",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/832808/000141036825031099/0001410368-25-031099-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"
    }
  ]
}