{
  "page": "compare",
  "query": {
    "a": "TSSCX",
    "b": "FKTIX"
  },
  "retrieved_at": "2026-07-07T18:24:18+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 Strategic Municipal Income Fund",
    "ticker": "TSSCX",
    "slug": "TSSCX",
    "series_id": "S000025152",
    "html_url": "https://fundwatcher.app/funds/TSSCX/"
  },
  "fund_b": {
    "name": "Franklin Federal Tax-Free Income Fund",
    "ticker": "FKTIX",
    "slug": "FKTIX",
    "series_id": "S000006760",
    "html_url": "https://fundwatcher.app/funds/FKTIX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.04408793555972029508812302461",
    "coverage_b_by_a": "0.04408793555972029508812302460",
    "shared_count": 34,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-01-31"
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        "weight": "0.01376835",
        "shared": false
      },
      {
        "name": "PATRIOTS EN GRP 5.25% MT",
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        "weight": "0.01327052",
        "shared": true
      },
      {
        "name": "Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2024A-1",
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      },
      {
        "name": "MO H/E-ST LOUIS-B-1",
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        "name": "California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 C, RB",
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        "weight": "0.01098450",
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      {
        "name": "TARRANT COUNTY HOUSING FINANCE TARMFH 03/43 FIXED 4.6",
        "value": "4028723.92",
        "weight": "0.00998744",
        "shared": false
      },
      {
        "name": "Main Street Natural Gas, Inc., Series 2019A",
        "value": "3880067.90",
        "weight": "0.00961891",
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      },
      {
        "name": "OH BUCGEN 5 06/01/2055",
        "value": "3600000.00",
        "weight": "0.00892461",
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        "name": "S ANTONIO TEX 4.55% 3/1/2043",
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        "weight": "0.00862071",
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      {
        "name": "MUNIBOND",
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      },
      {
        "name": "GO Refunding Bonds Series 2017A",
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        "weight": "0.00833615",
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      },
      {
        "name": "INDIANA ST FIN AUTH REVENUE",
        "value": "3324231.90",
        "weight": "0.00824096",
        "shared": true
      },
      {
        "name": "MAIN STR NAT GA 5% MT",
        "value": "3167127.00",
        "weight": "0.00785149",
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      },
      {
        "name": "SLT LAKE U 5.50% 7/1/2050@",
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      },
      {
        "name": "State of Illinois, Series D",
        "value": "3087843.00",
        "weight": "0.00765494",
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      {
        "name": "CAPITAL TRUST AGY FL EDUCTNL FACS REVENUE",
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        "weight": "0.00754690",
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      {
        "name": "WEST VIRGINIA ST HOSP FIN AUTH",
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        "weight": "0.00744173",
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      {
        "name": "Maricopa County Pollution Control Corp., Series A",
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        "name": "ILLINOIS ST SALES TAX REVENUE",
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        "weight": "0.00643235",
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      {
        "name": "DENVER CO ARPT 5% 12/1/48@",
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        "weight": "0.00622449",
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      {
        "name": "FLORIDA ST LOCAL GOVT FIN COMMISSION EDUCTNL FACS REVENUE",
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      {
        "name": "STATE OF ILLINOIS MCCORMICK PLACE EXPANSION PROJECT FUND 5.0% 06-15-50",
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        "weight": "0.00612939",
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      },
      {
        "name": "ENERGY SOUTHEAST A COOPERATIVE ESDPWR 11/35 FIXED 5",
        "value": "2389104.18",
        "weight": "0.00592273",
        "shared": false
      },
      {
        "name": "KIPP NYC PUBLIC CHARTER SCHOOLS 5.0% 07-01-42",
        "value": "2360703.90",
        "weight": "0.00585232",
        "shared": false
      },
      {
        "name": "PREREF IOWA ST FIN AUTH MIDWSTRN DISA REGD V/R B/E PREREFUNDED 12/01/32 @ 100 5.00000000",
        "value": "2347717.25",
        "weight": "0.00582013",
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      {
        "name": "SOUTHEAST ENERGY AUTHORITY A COOPERATIVE",
        "value": "2274096.63",
        "weight": "0.00563762",
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      {
        "name": "GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE",
        "value": "2213767.60",
        "weight": "0.00548806",
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      {
        "name": "TEXAS ST MUNI GAS ACQUISITION& TEXAS MUNICIPAL GAS ACQUISITION & SUPPLY CORP IV",
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        "weight": "0.00541072",
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      {
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      {
        "name": "PRESBYTERIAN HOMES OBLIGATED GROUP 5.25% 07-01-48",
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        "weight": "0.00523404",
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      {
        "name": "AUSTIN TX ARPT SYS REVENUE",
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        "weight": "0.00522478",
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      {
        "name": "Main Street Natural Gas, Inc., Series 2025B",
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      {
        "name": "NJ TRANSPRTN TRUST-A",
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        "weight": "0.00518211",
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      {
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        "weight": "0.00517669",
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      {
        "name": "OREGON ST HLTH & SCIENCE UNIV REVENUE",
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        "weight": "0.00511604",
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      {
        "name": "NY ST TWY AUTH-A",
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        "weight": "0.00507459",
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        "name": "WI PUBTRN 5.75 06/30/2060",
        "value": "2045688.00",
        "weight": "0.00507138",
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      {
        "name": "NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE",
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        "weight": "0.00506663",
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      {
        "name": "ALABAMA CMNTY CLG SYS BRD OF TRUSTEES REVENUE",
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        "weight": "0.00506514",
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      {
        "name": "ILLINOIS ST SALES TAX REVENUE",
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        "weight": "0.00502180",
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      {
        "name": "Tarrant County Cultural Education Facilities Finance Corp., Series 2025, RB",
        "value": "2025066.00",
        "weight": "0.00502026",
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      {
        "name": "ORANGE CNTY FL PRESBYTERIAN RETIREMENT SF 5.0% 08-01-40",
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      },
      {
        "name": "Chicago O'Hare International Airport",
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        "weight": "0.00500257",
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      {
        "name": "NJ TRANSP 5% 6/15/27",
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        "weight": "0.00498283",
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      {
        "name": "PENNSYLVANIA ST ECON DEV FING REGD V/R B/E AMT 4.00000000",
        "value": "2000654.00",
        "weight": "0.00495974",
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      {
        "name": "UT BLDFAC 5.62 12/01/2053",
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        "weight": "0.00494226",
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      {
        "name": "TARRANT TX EDFC 5% 10/1/2049",
        "value": "1970163.30",
        "weight": "0.00488415",
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      {
        "name": "MI GRADEV 6.12 11/01/2060",
        "value": "1928184.00",
        "weight": "0.00478008",
        "shared": false
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      {
        "name": "MAIN STR NAT GA 5% 5/15/2043",
        "value": "1927126.30",
        "weight": "0.00477746",
        "shared": false
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      {
        "name": "WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE",
        "value": "1846142.75",
        "weight": "0.00457670",
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    ],
    "b_top": [
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      {
        "name": "New York State Dormitory Authority, Series 2018 E",
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      {
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        "name": "NY LBTDEV 5.25 10/01/2035",
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        "name": "MET TRANS AUTH-A-A2",
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      {
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        "value": "46037094.88",
        "weight": "0.00590393",
        "shared": true
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      {
        "name": "Jefferson (County of), AL, Series 2024, Ref. Revenue Wts.",
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        "weight": "0.00533024",
        "shared": false
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      {
        "name": "Miami-Dade (County of), FL Expressway Authority, Series 2010 A, RB",
        "value": "40197120.00",
        "weight": "0.00515499",
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        "name": "Ohio Turnpike & Infrastructure Commission, Series 2013 A-4",
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        "weight": "0.00513690",
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      {
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        "weight": "0.00503766",
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      {
        "name": "Louisiana Local Government Environmental Facilities & Community Development Authority, Series 2024 A-2",
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        "name": "Haven at Elgin LLC",
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        "name": "Chicago O'Hare International Airport, Series 2022 A",
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      {
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      {
        "name": "Mississippi Home Corp., Series 2024-2 A-2",
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      {
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      {
        "name": "N TX TWY-C-CONV CABS",
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        "name": "New York Liberty Development Corp., Series 2007",
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      {
        "name": "HOUSTON METHODIST HOSPITAL OBLIGATED GROUP 5.0% 12-01-45",
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      {
        "name": "DENVER COLO CT 5% 8/1/2048",
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      {
        "name": "State of Illinois, Series 2022 B",
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      {
        "name": "Maryland (State of) Health & Higher Educational Facilities Authority (Loyola University Maryland, Inc.), Series 2025, Ref. RB",
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      {
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      {
        "name": "Louisiana (State of) Public Facilities Authority (Ochsner Clinic Foundation), Series 2017, Ref. RB",
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      {
        "name": "S E ENERGY COOP DT",
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      {
        "name": "San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2019 A, RB",
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      {
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      {
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      {
        "name": "TX WTR DEV BRD-B",
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      {
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        "name": "District of Columbia, Series 2017 B",
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      {
        "name": "MET TRANSPRTN AUTH NY REVENUE",
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    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0001410368-26-051184",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/816153/000141036826051184/0001410368-26-051184-index.htm"
    },
    {
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      "accession_no": "0002071691-26-007577",
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      "edgar_url": "https://www.sec.gov/Archives/edgar/data/357310/000207169126007577/0002071691-26-007577-index.htm"
    }
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}