{
  "page": "compare",
  "query": {
    "a": "USCBX",
    "b": "PCTEX"
  },
  "retrieved_at": "2026-07-07T18:04:40+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 California Bond Fund",
    "ticker": "USCBX",
    "slug": "USCBX",
    "series_id": "S000012916",
    "html_url": "https://fundwatcher.app/funds/USCBX/"
  },
  "fund_b": {
    "name": "Putnam California Tax Exempt Income Fund",
    "ticker": "PCTEX",
    "slug": "PCTEX",
    "series_id": "S000005498",
    "html_url": "https://fundwatcher.app/funds/PCTEX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.04878871250315366857066739800",
    "coverage_b_by_a": "0.04878871250315366857066739802",
    "shared_count": 21,
    "as_of": {
      "a": "2026-02-28",
      "b": "2025-09-30"
    },
    "a_top": [
      {
        "name": "BAY AREA TOLL-VAR A",
        "value": "14995241.55",
        "weight": "0.03734253",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST HLTH FACS FING AUTH REVENUE",
        "value": "14008858.95",
        "weight": "0.03488615",
        "shared": false
      },
      {
        "name": "San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2025 A, RB",
        "value": "13017523.50",
        "weight": "0.03241743",
        "shared": false
      },
      {
        "name": "FOOTHILL ESTRN TRANSPRTN CORRIDOR AGY CA TOLL ROAD REVENUE",
        "value": "12110256.96",
        "weight": "0.03015808",
        "shared": false
      },
      {
        "name": "PALOMAR POMERADO HLTH CA REGD N/C ZCP OID B/E AG 0.00000000",
        "value": "10074324.40",
        "weight": "0.02508801",
        "shared": false
      },
      {
        "name": "California (State of) Health Facilities Financing Authority (Providence St. Joseph Health), Series 2016 A, Ref. RB",
        "value": "9230149.08",
        "weight": "0.02298577",
        "shared": false
      },
      {
        "name": "CENTINELA VLY SD-B",
        "value": "8695207.67",
        "weight": "0.02165361",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST HLTH FACS FING AUTH REVENUE",
        "value": "7373041.35",
        "weight": "0.01836103",
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      },
      {
        "name": "NORWALK LA MIRADA UNIFIED SCHOOL DISTRICT",
        "value": "6826417.35",
        "weight": "0.01699977",
        "shared": false
      },
      {
        "name": "Moreno Valley Unified School District, Series 2018 B",
        "value": "6803568.23",
        "weight": "0.01694287",
        "shared": false
      },
      {
        "name": "UNIV OF CALIFORNIA REVENUES UNVHGR 05/48 ADJUSTABLE VAR",
        "value": "6150000.00",
        "weight": "0.01531530",
        "shared": false
      },
      {
        "name": "IRVINE UNIFIED SCHOOL DISTRICT",
        "value": "6034530.31",
        "weight": "0.01502774",
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      },
      {
        "name": "CALIFORNIA ST MUNI FIN AUTH REVENUE",
        "value": "5997014.20",
        "weight": "0.01493432",
        "shared": false
      },
      {
        "name": "FOOTHILL ESTRN TRANSP",
        "value": "5856321.14",
        "weight": "0.01458395",
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      },
      {
        "name": "MARCH JOINT POWERS REDEVELOPMENT AGENCY SUCCESSOR",
        "value": "5824576.47",
        "weight": "0.01450490",
        "shared": false
      },
      {
        "name": "CA PCFA WTR FUR 5% 11/21/2045",
        "value": "5569071.55",
        "weight": "0.01386861",
        "shared": true
      },
      {
        "name": "UNIVERSITY OF REDLANDS 5.0% 10-01-52",
        "value": "5494638.56",
        "weight": "0.01368325",
        "shared": false
      },
      {
        "name": "PALOMAR HEALTH OBLIGATED GROUP NATL 0.0% 08-01-26",
        "value": "5417164.73",
        "weight": "0.01349032",
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      },
      {
        "name": "SAN DIEGO COUNTY REGIONAL AIRP SDGAPT 07/56 FIXED 5",
        "value": "5354620.69",
        "weight": "0.01333457",
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      },
      {
        "name": "BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE",
        "value": "5125991.16",
        "weight": "0.01276521",
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      {
        "name": "Santa Clarita Community College District, Series 2016, Ref. GO Bonds",
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      {
        "name": "NORWALK REDEVELOPMENT AGENCY",
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      },
      {
        "name": "CITY OF TULARE CA SEWER REVENUE",
        "value": "5000026.70",
        "weight": "0.01245153",
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      {
        "name": "Perris Union High School District, Series 2019 A, GO Bonds",
        "value": "4924262.62",
        "weight": "0.01226285",
        "shared": false
      },
      {
        "name": "Poway Unified School District, Series 2020",
        "value": "4447577.80",
        "weight": "0.01107577",
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      },
      {
        "name": "VAL VERDE UNIFIED SCHOOL DISTRICT AG 4.0% 08-01-45",
        "value": "4422177.57",
        "weight": "0.01101251",
        "shared": false
      },
      {
        "name": "STOCKTON PUBLIC FINANCING AUTHORITY",
        "value": "4317286.96",
        "weight": "0.01075130",
        "shared": false
      },
      {
        "name": "CA STWD 2018 5% 07/01/48",
        "value": "4127646.79",
        "weight": "0.01027905",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST INFRASTRUCTURE ECON DEV BANK REVEN",
        "value": "3890642.40",
        "weight": "0.00968884",
        "shared": false
      },
      {
        "name": "CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHO",
        "value": "3814000.55",
        "weight": "0.00949797",
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      },
      {
        "name": "San Francisco City & County Airport Comm-San Francisco International Airport, Series 2024 A",
        "value": "3634703.29",
        "weight": "0.00905147",
        "shared": true
      },
      {
        "name": "NORWALK REDEVELOPMENT AGENCY",
        "value": "3504922.41",
        "weight": "0.00872828",
        "shared": false
      },
      {
        "name": "Inglewood Unified School District, Series 2021 A, GO Bonds",
        "value": "3486535.68",
        "weight": "0.00868249",
        "shared": false
      },
      {
        "name": "MONROVIA FINANCING AUTHORITY",
        "value": "3442336.64",
        "weight": "0.00857242",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST SCH FIN AUTH COL REGD B/E 5.00000000",
        "value": "3422919.23",
        "weight": "0.00852407",
        "shared": false
      },
      {
        "name": "BURBANK CA UNIF SCH DIST",
        "value": "3203788.93",
        "weight": "0.00797837",
        "shared": false
      },
      {
        "name": "KIPP SOCAL PUBLIC SCHOOLS OBLIGATED GROUP 5.0% 07-01-54",
        "value": "3158068.46",
        "weight": "0.00786451",
        "shared": false
      },
      {
        "name": "BURBANK CA UNIF SCH DIST",
        "value": "3118103.94",
        "weight": "0.00776499",
        "shared": false
      },
      {
        "name": "CALIFORNIA MUNICIPAL FINANCE AUTHORITY",
        "value": "3115883.79",
        "weight": "0.00775946",
        "shared": false
      },
      {
        "name": "IRVINE UNIFIED SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT NO 09-1 5.0% 09-01-45",
        "value": "3081767.67",
        "weight": "0.00767450",
        "shared": false
      },
      {
        "name": "WASHINGTON TOWNSHIP HEALTH CARE DISTRICT",
        "value": "3021255.07",
        "weight": "0.00752381",
        "shared": false
      },
      {
        "name": "HENRY MAYO NEWHALL HOSPITAL OBLIGATED GROUP 5.0% 10-15-47",
        "value": "3001050.11",
        "weight": "0.00747349",
        "shared": false
      },
      {
        "name": "INDIO REDEVELOPMENT AGENCY SUCCESSOR AGENCY",
        "value": "2945592.80",
        "weight": "0.00733539",
        "shared": false
      },
      {
        "name": "CHILDREN'S HOSPITAL LOS ANGELES OBLIGATED GROUP 5.0% 08-15-47",
        "value": "2878080.08",
        "weight": "0.00716726",
        "shared": false
      },
      {
        "name": "Upland (City of), CA (San Antonio Regional Hospital), Series 2017, Ref. COP",
        "value": "2856137.92",
        "weight": "0.00711262",
        "shared": false
      },
      {
        "name": "GUAM PWR AUTH REVENUE",
        "value": "2831447.66",
        "weight": "0.00705113",
        "shared": false
      },
      {
        "name": "SAN DIEGO COUNTY REGIONAL AIRPORT AUTHORITY",
        "value": "2820745.01",
        "weight": "0.00702448",
        "shared": false
      },
      {
        "name": "RIO ELEMENTARY SCHOOL DISTRICT CA",
        "value": "2800345.64",
        "weight": "0.00697368",
        "shared": false
      },
      {
        "name": "CALIFORNIA STWD CMNTY",
        "value": "2766923.77",
        "weight": "0.00689045",
        "shared": false
      },
      {
        "name": "CA STWD STUDENT 5% 5/15/2040",
        "value": "2753945.24",
        "weight": "0.00685813",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "California State Public Works Board (TOBs)",
        "value": "12087781.82",
        "weight": "0.01861216",
        "shared": false
      },
      {
        "name": "Los Angeles (City of), CA Department of Airports (Los Angeles International Airport), Series 2018 A, RB",
        "value": "10070397.00",
        "weight": "0.01550589",
        "shared": false
      },
      {
        "name": "CHANNELSIDE WATER RESOURCES LP 5.0% 11-21-45",
        "value": "9971921.00",
        "weight": "0.01535427",
        "shared": false
      },
      {
        "name": "FREDDIE MAC MULTIFAMILY ML CERTIFICATES SER 2019-ML05 CL ACA 3.35000000",
        "value": "9547926.01",
        "weight": "0.01470142",
        "shared": false
      },
      {
        "name": "Los Angeles Department of Airports, California, Revenue Bonds, Los Angeles International Airport, Senior Green Series 2022G",
        "value": "9147389.40",
        "weight": "0.01408469",
        "shared": false
      },
      {
        "name": "TOBACCO SECURITIZATION AUTH ST TOBGEN 06/48 FIXED 5",
        "value": "8847283.43",
        "weight": "0.01362261",
        "shared": true
      },
      {
        "name": "New Hampshire Business Finance Authority, Series 4, Class A",
        "value": "8587016.74",
        "weight": "0.01322186",
        "shared": false
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "8372567.25",
        "weight": "0.01289166",
        "shared": false
      },
      {
        "name": "Chabot-Las Positas Community College District, Series C",
        "value": "7454989.50",
        "weight": "0.01147882",
        "shared": false
      },
      {
        "name": "SAN DIEGO HSG AUTH-E",
        "value": "7407898.56",
        "weight": "0.01140631",
        "shared": false
      },
      {
        "name": "CA MUNI FIN AUTH-A",
        "value": "7399096.40",
        "weight": "0.01139276",
        "shared": false
      },
      {
        "name": "M-S-R Energy Authority, Series A",
        "value": "7358870.40",
        "weight": "0.01133082",
        "shared": false
      },
      {
        "name": "San Francisco City & County Public Utilities Commission Power, Series 2023A",
        "value": "7281961.40",
        "weight": "0.01121240",
        "shared": false
      },
      {
        "name": "Los Angeles Department of Water & Power, Series 2022A",
        "value": "7186922.40",
        "weight": "0.01106606",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST STWD CMNTYS DEV REGD B/E 5.00000000",
        "value": "7084862.40",
        "weight": "0.01090892",
        "shared": true
      },
      {
        "name": "CHF-DAVIS II LLC BAM 3.0% 05-15-51",
        "value": "6875902.40",
        "weight": "0.01058717",
        "shared": false
      },
      {
        "name": "SWEETWATER UNION HIGH SCHOOL D SWESCD 08/52 FIXED 5",
        "value": "6829308.85",
        "weight": "0.01051543",
        "shared": false
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "6752290.38",
        "weight": "0.01039684",
        "shared": false
      },
      {
        "name": "NRTHRN CA ENRGY",
        "value": "6486700.80",
        "weight": "0.00998790",
        "shared": false
      },
      {
        "name": "CA ST MFA COP 5.25% 11/1/2052",
        "value": "6137799.60",
        "weight": "0.00945068",
        "shared": true
      },
      {
        "name": "State of California",
        "value": "5927892.48",
        "weight": "0.00912747",
        "shared": false
      },
      {
        "name": "CA MUN FIN AUTH",
        "value": "5866847.25",
        "weight": "0.00903348",
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      },
      {
        "name": "LOS ANGELES DEPT OF W",
        "value": "5836893.52",
        "weight": "0.00898736",
        "shared": false
      },
      {
        "name": "Alameda Corridor Transportation Authority, Series 2022A",
        "value": "5763793.00",
        "weight": "0.00887480",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series F",
        "value": "5448405.50",
        "weight": "0.00838918",
        "shared": false
      },
      {
        "name": "CSCDA Community Improvement Authority, Series 2021 A-2",
        "value": "5378152.99",
        "weight": "0.00828101",
        "shared": false
      },
      {
        "name": "Long Beach (City of), CA Bond Finance Authority, Series 2007 A, RB",
        "value": "5338188.50",
        "weight": "0.00821948",
        "shared": false
      },
      {
        "name": "CSCDA Community Improvement Authority, Series A-2",
        "value": "5293881.84",
        "weight": "0.00815126",
        "shared": false
      },
      {
        "name": "CHF-RIVERSIDE I LLC 5.0% 05-15-43",
        "value": "5225181.39",
        "weight": "0.00804547",
        "shared": false
      },
      {
        "name": "California (State of) School Finance Authority (Green Dot Public Schools), Series 2018 A, RB",
        "value": "5204268.83",
        "weight": "0.00801327",
        "shared": false
      },
      {
        "name": "California Community Housing Agency, Series A-1",
        "value": "5184688.00",
        "weight": "0.00798312",
        "shared": false
      },
      {
        "name": "CA MUNI FIN AUTH-A",
        "value": "5050197.00",
        "weight": "0.00777604",
        "shared": false
      },
      {
        "name": "California Infrastructure & Economic Development Bank, Series 2022 B",
        "value": "5022498.00",
        "weight": "0.00773339",
        "shared": true
      },
      {
        "name": "GOLDEN ST TOBACCO SECURITIZATI REGD B/E 5.00000000",
        "value": "4935576.00",
        "weight": "0.00759955",
        "shared": true
      },
      {
        "name": "California County Tobacco Securitization Agency, Series 2014",
        "value": "4852984.00",
        "weight": "0.00747238",
        "shared": false
      },
      {
        "name": "SF BART/MTC 3% 8/1/49",
        "value": "4804550.24",
        "weight": "0.00739781",
        "shared": false
      },
      {
        "name": "Grays Harbor Public Hospital District 1, Washington, Revenue Bonds, Summit Pacific Medial Center Series 2023",
        "value": "4750781.90",
        "weight": "0.00731502",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST HLTH FACS FING AUTH REVENUE",
        "value": "4674062.86",
        "weight": "0.00719689",
        "shared": false
      },
      {
        "name": "FREDDIE MAC MULTIFAMILY ML CERTIFICATES SER 2024-ML25 CL ACA V/R 3.54109800",
        "value": "4669437.25",
        "weight": "0.00718977",
        "shared": false
      },
      {
        "name": "COLBURN SCHOOL (MPT) 1.75% 08-01-55",
        "value": "4534765.56",
        "weight": "0.00698241",
        "shared": false
      },
      {
        "name": "HUMANGOOD CALIFORNIA OBLIGATED GROUP 4.0% 10-01-44",
        "value": "4402904.50",
        "weight": "0.00677937",
        "shared": true
      },
      {
        "name": "City of Los Angeles CA",
        "value": "4388005.28",
        "weight": "0.00675643",
        "shared": false
      },
      {
        "name": "INDIO PUB FING AUTH-A",
        "value": "4324772.80",
        "weight": "0.00665907",
        "shared": false
      },
      {
        "name": "South Tahoe Joint Powers Financing Authority, Series 2023 A, RB",
        "value": "4284876.40",
        "weight": "0.00659764",
        "shared": false
      },
      {
        "name": "California (State of) Educational Facilities Authority (University of the Pacific), Series 2023, RB",
        "value": "4147046.80",
        "weight": "0.00638542",
        "shared": false
      },
      {
        "name": "California Community Housing Agency, Series 2020 A",
        "value": "4021399.26",
        "weight": "0.00619195",
        "shared": true
      },
      {
        "name": "California (State of) School Finance Authority (Granada Hills Charter Obligated Group), Series 2019, RB",
        "value": "4019614.96",
        "weight": "0.00618920",
        "shared": false
      },
      {
        "name": "SAN FRANCISCO BAY-F1",
        "value": "3882803.16",
        "weight": "0.00597855",
        "shared": false
      },
      {
        "name": "Putnam Short Term Investment Fund, Class P",
        "value": "3843562.07",
        "weight": "0.00591813",
        "shared": false
      },
      {
        "name": "S TAHOE CA JT PWRS FING AUTH L STHPWR 10/48 FIXED 5.25",
        "value": "3773588.00",
        "weight": "0.00581038",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0001004726-26-003007",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/908695/000100472626003007/0001004726-26-003007-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0002071691-25-006482",
      "as_of": "2025-09-30",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/711402/000207169125006482/0002071691-25-006482-index.htm"
    }
  ]
}