# Portfolio overlap — BSMP vs LSMSX Comparing **Invesco BulletShares 2025 Municipal Bond ETF** (2025-11-30) and **Western Asset SMASh Series TF Fund** (2026-02-27). - Shared positions: 2 - Invesco BulletShares 2025 Municipal Bond ETF covered by Western Asset SMASh Series TF Fund: 0.01924326707428041682928232610 - Western Asset SMASh Series TF Fund covered by Invesco BulletShares 2025 Municipal Bond ETF: 0.01924326707428041682928232610 ## Invesco BulletShares 2025 Municipal Bond ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | NYC TRANS FIN AUTH-B4 | 0.025069 | | | NEW YORK CITY NY HSG DEV CORP MF HSG REVENUE | 0.023565 | | | Bay Area Toll Authority (San Francisco Bay Area) | 0.022061 | | | NEW YORK ST HSG FIN AGY REVENU REGD V/R B/E 2.35000000 | 0.022061 | | | NYC MUNI WTR FIN-CC-2 | 0.020396 | | | New York (City of), NY Municipal Water Finance Authority, Series 2014 AA-6, VRD RB | 0.020055 | | | MET TRANSPRTN AUTH NY DEDICATED TAX FUND | 0.020055 | | | TEXAS ST STATE OF TEXAS | 0.020055 | | | New York (City of), NY Municipal Water Finance Authority | 0.018050 | | | MA ST DEV FIN AGY REV BOSTON UNIV-SER U-6C LOC JPMORGAN | 0.017950 | | | State of Illinois, Series 2017A | 0.016696 | | | Dallas (City of), TX Area Rapid Transit, Series 2016 A, Ref. RB | 0.015042 | | | NEW YORK NY | 0.013337 | | | TEXAS ST-VAR-VETERANS | 0.012033 | | | Pennsylvania Turnpike Commission, Series 2023B | 0.011532 | | | NYC WTR-VAR-FF2-GEN R | 0.010930 | | | NEW YORK NY | 0.010780 | | | Sarpy County School District 037 Gretna Public Schools, Nebraska, General Obligation Bonds, Series 2022B | 0.010544 | | | NYC GO 23A-4 Q=TD V1 | 0.010529 | ✓ | | NYC TRANSITIONAL-E4 | 0.010379 | | | City of Atlanta Water & Wastewater, Series 2015 | 0.010291 | | | Indiana (State of) Finance Authority (Parkview Health System), Series 2009, VRD Ref.RB | 0.010278 | | | Metropolitan Water Reclamation District of Greater Chicago, Series A | 0.010228 | | | North Royalton City School District, Series 2017, GO Bonds | 0.010038 | | | Virginia (Commonwealth of) Public Building Authority, Series 2015 A, RB | 0.010034 | | | Alaska Housing Finance Corp. | 0.010028 | | | ILLINOIS ST FIN AUTH REVENUE | 0.010028 | ✓ | | COLORADO ST BRD OF GOVERNORS UNIV ENTERPRISE SYS REVENUE | 0.010028 | | | MET TRANSPRTN AUTH NY REVENUE | 0.010028 | | | Harris County Cultural Education Facilities Finance Corp. (Texas Children's Hospital), Series 2015, VRD RB | 0.010028 | | | New York (State of) Energy Research & Development Authority (Consolidated Edison Co. of New York, Inc.), Subseries 2005 A-2, VRD RB | 0.010028 | | | NYC TRANSTNL-C6-VAR | 0.010028 | | | UNIV WI HOSP 18B Q=JP V1 | 0.010028 | | | IOWA ST FIN AUTH SF MTGE REVENUE | 0.010028 | | | New York (City of), NY Municipal Water Finance Authority, Series 2010 DD, VRD RB | 0.010028 | | | PHILIDELPHIA AUTH-B-1 | 0.010028 | | | California (State of) Housing Finance Agency | 0.010028 | | | HOUSTON TX UTILITY SYS REVENUE CITY OF HOUSTON TX COMBINED UTILITY SYSTEM REVENUE | 0.010028 | | | Hillsborough County Industrial Development Authority, Series D | 0.010028 | | | CHARLOTTE MECKLENBURG NC HOSP CHAMED 01/37 ADJUSTABLE VAR | 0.010028 | | | NYC GO 13A-3 UQ=MZ V1+ | 0.010028 | | | NJ HLTH VAR-B-VIRTUA | 0.010028 | | | DE VALLEY REGL FIN | 0.010028 | | | AZ HLTH FACS AUTH-C | 0.010028 | | | CT HSG FIN AUTH-C-3 | 0.010028 | | | CHARLOTTE-MECKLENBURG NC HOSPAUTH HLTH CARE SYS REVENUE | 0.010028 | | | Wisconsin (State of) Housing & Economic Development Authority | 0.010028 | | | BAY AREA TOLL-H | 0.010028 | | | NYC TRANS FIN AUTH-A4 | 0.010028 | | | Tarrant County Cultural Education Facilities Finance Corp., Series A | 0.010028 | | ## Western Asset SMASh Series TF Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | NYC-D4-ADJ | 0.036862 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB | 0.023821 | | | ILLINOIS ST FIN AUTH REVENUE | 0.023551 | ✓ | | STATE OF NEW JERSEY NATL 0.0% 12-15-31 | 0.021980 | | | NYC MUNI WTR FIN-BB | 0.021802 | | | CALIFORNIA COMMUNITY VAR | 0.019613 | | | MET NASHVILLE TN ARPT AUTH ARPT REVENUE | 0.016061 | | | PENNSYLVANIA ST ECON DEV FING REGD OID B/E AMT 5.25000000 | 0.014067 | | | State of Illinois | 0.013779 | | | NOVANT HEALTH OBLIGATED GROUP 5.0% 12-01-35 | 0.011782 | | | Energy Southeast A Cooperative District, Series B-1 | 0.011553 | | | CTR PLN ENG GAS 5% 9/1/2033 | 0.011518 | | | CTR TX RMA 4% 1/1/2051 | 0.011517 | | | CHICAGO IL BRD OF EDU CHIEDU 12/40 FIXED 5 | 0.011384 | | | Public Energy Auth. of Kentucky Gas Supply Rev. Refg. C | 0.011265 | | | OR FACS AUTH-B-REF | 0.011263 | | | IL CHI 5.5 01/01/2039 | 0.011056 | | | New York State Urban Development Corp. (Bidding Group 3), Series 2023 A, RB | 0.010824 | | | NY NYCUTL 5.25 06/15/2052 | 0.010818 | | | NY TRANSPRTN DEV CORP | 0.010749 | | | Chandler Industrial Development Authority | 0.010445 | | | NOVANT HEALTH OBLIGATED GROUP 5.0% 06-01-55 | 0.010268 | | | PUERTO RICO SALES TAX FING COR REGD OID B/E 4.75000000 | 0.009985 | | | PORT NY NJ 4% 7/15/2045 @ | 0.009936 | | | NY MTA DED 4% 11/15/2054 | 0.009504 | | | INDIANA ST FIN AUTH HLTH SYS R INSMED 12/49 FIXED 4 | 0.009484 | | | NYC GO 23A-4 Q=TD V1 | 0.009216 | ✓ | | CALIFORNIA COMMUNITY VAR | 0.009145 | | | NY TRANSPRTN DEV -AMT | 0.008573 | | | CHICAGO IL BRD OF EDU REGD B/E 5.00000000 | 0.008279 | | | Black Belt Energy Gas District (The) (Gas), Series 2022 F, RB | 0.008194 | | | CHICAGO IL BRD OF EDU DEDICATE REGD B/E 5.75000000 | 0.008179 | | | Jefferson (County of), AL, Series 2024, Ref. Revenue Wts. | 0.008148 | | | California Community Choice Financing Authority, Series 2025G | 0.008080 | | | Chandler Industrial Development Authority, Series 2019 | 0.007903 | | | RESTRUCTURED-SER A1 | 0.007798 | | | NY TRANS CORP 5% 6/30/2049 @ | 0.007769 | | | NY TRANS CORP 5% 7/1/46 @ | 0.007683 | | | NY TRANSPRTN DEV -AMT | 0.007675 | | | ELGIN TX ISD 4% 8/1/2049 | 0.007304 | | | WV HOSP FIN AUTH-C | 0.007168 | | | Van Alstyne Independent School District | 0.007113 | | | New York City Housing Development Corp | 0.006740 | | | St. John the Baptist (Parish of), LA (Marathon Oil Corp.), Series 2017, Ref. RB | 0.006252 | | | Oneida County Local Development Corp., Series A | 0.005978 | | | LONGVIEW TX ISD 4% 2/15/2049 | 0.005852 | | | DENVER CO ARPT 5% 11/15/2032 @ | 0.005827 | | | Black Belt Energy Gas District, Series D | 0.005689 | | | MTRO WA DC ARPT 5% 10/1/2030 @ | 0.005676 | | | SALT VERDE FINL CORP GAS REV ARIZ SR | 0.005614 | | ## Sources - N-PORT (fund A) — accession `0001657201-26-000161` (as of 2025-11-30) - N-PORT (fund B) — accession `0000940400-26-014628` (as of 2026-02-27) --- _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._ _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._ _Use of this data is subject to the FundWatcher Terms of Service. 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