# Portfolio overlap — FCTFX vs LCFIX Comparing **Fidelity California Municipal Income Fund** (2026-02-28) and **Lord Abbett California Tax-Free Income Fund** (2026-03-31). - Shared positions: 23 - Fidelity California Municipal Income Fund covered by Lord Abbett California Tax-Free Income Fund: 0.05417615817222513042556507804 - Lord Abbett California Tax-Free Income Fund covered by Fidelity California Municipal Income Fund: 0.05417615817222513042556507804 ## Fidelity California Municipal Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | Fidelity Municipal Cash Central Fund | 0.032627 | | | LOS ANGELES WTR-A-REF | 0.014181 | | | State of California, Series 2024 | 0.009926 | | | Central Valley Energy Authority, Series 2026 | 0.009181 | | | CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.009063 | | | UNIV OF CALIFORNIA-Q | 0.008913 | | | CALIFORNIA ST INFRASTRUCTURE & REGD V/R B/E 1.20000000 | 0.008847 | | | California Community Choice Financing Authority, Series F | 0.008623 | | | CALIFORNIA COMMUNITY VAR | 0.008618 | | | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE | 0.008530 | | | SAN FRANCISCO W 5.25% 11/1/2055 | 0.008525 | | | CALIFORNIA COMMUNITY VAR | 0.008340 | ✓ | | Los Angeles Department of Airports, California, Revenue Bonds, Los Angeles International Airport, Subordinate Lien Series 2019F | 0.007358 | | | State of California | 0.006845 | | | COMMONSPIRIT HEALTH OBLIGATED GROUP 4.0% 04-01-49 | 0.006787 | | | UNIV OF CALIFORNIA CA REVENUES REGD B/E 5.50000000 | 0.006341 | | | HAYWARD USD-A | 0.006319 | | | University of California, Series 2024BW | 0.006223 | | | State of California, Series 2025, GO Bonds | 0.006200 | | | CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.006188 | | | CALIFORNIA ST INFRAST | 0.005943 | | | LOS ANGELES DEPT-B | 0.005902 | | | SAN MATEO CNTY JT-A | 0.005826 | | | California Community Choice Financing Authority, Series B | 0.005797 | ✓ | | POWAY USD-IMPT-07-1-A | 0.005781 | | | San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2019 A, RB | 0.005549 | | | CENTRL VLY CA ENERGY AUTH COMM REGD V/R B/E 5.00000000 | 0.005523 | ✓ | | CA MUN FIN AUT 5% 5/15/2034 | 0.005479 | | | San Jose, California, Airport Revenue Bonds, Refunding Series 2017A | 0.005410 | | | LA CA AIRPT 5% 5/15/2034 @ | 0.005409 | | | Los Angeles (City of), CA Department of Airports (Los Angeles International Airport), Series 2018, Ref. RB | 0.005402 | | | REPUBLIC SERVICES INC (MPT) 2.875% 07-01-43 | 0.005220 | | | San Francisco City & County Airport Comm-San Francisco International Airport, Series 2016 B | 0.005071 | | | CA STWD 3% 4/1/2050 | 0.005003 | | | CALIFORNIA ST STWD CMNTYS DEV REGD B/E 5.00000000 | 0.004992 | | | MOUNTAIN VIE 4% 8/1/2054 | 0.004913 | | | UNIV OF CALIFORNIA CA REVENUES | 0.004643 | | | Rio Hondo Community College District, Series 2010C | 0.004525 | | | CA ST MFA MHSG 2.65% 8/1/2036 | 0.004468 | | | State of California | 0.004331 | | | California Community Choice Financing Authority, Series 2026 A-1 | 0.004320 | | | California (State of) Housing Finance Agency (Social Certificates), Series 2023-1, RB | 0.004320 | | | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE | 0.004284 | | | CALIFORNIA COMMUNITY VAR | 0.004247 | | | CALIFORNIA ST INFRAST | 0.004181 | | | SAN BERN CA USD 3% 8/1/2044 | 0.004173 | | | LANCER EDUCATIONAL HOUSING LLC 5.0% 06-01-51 | 0.004138 | | | BURBANK GLENDALE PASADENA CA A REGD B/E AMT 5.00000000 | 0.004137 | | | CALIFORNIA ST MUNI FIN AUTH REVENUE | 0.004103 | ✓ | | SAC CNTY ARPT 18C 5% 07/01/36@ | 0.004074 | | ## Lord Abbett California Tax-Free Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | CA ST UNIV TRUSTEES-A | 0.012096 | | | California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 C, RB | 0.011296 | | | California (State of) Housing Finance Agency (Social Certificates), Series 2021 A, RB | 0.011065 | ✓ | | San Diego County Regional Airport Authority, Series 2025B | 0.010015 | | | CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.008974 | | | KAISER FOUNDATION HOSPITALS 5.0% 11-01-47 | 0.008833 | | | State of California | 0.008743 | | | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE | 0.008611 | | | CALIFORNIA COMMUNITY VAR | 0.008596 | ✓ | | California Community Choice Financing Authority, Series A | 0.008513 | ✓ | | Long Beach Unified School District | 0.008464 | | | CENTRL VLY CA ENERGY AUTH COMM REGD V/R B/E 5.00000000 | 0.008430 | ✓ | | San Francisco City & County Airport Comm-San Francisco International Airport, Series 2025D | 0.008166 | | | Norman Y Mineta San Jose International Airport SJC, Series 2017 A | 0.008100 | | | Los Angeles Department of Airports, California, Revenue Bonds, Los Angeles International Airport, Refunding Subordinate Green Series 2025A | 0.007796 | | | Bay Area Toll Authority, Series 2023 A, VRD Ref. RB | 0.007730 | | | TOBACCO SECURITIZATION AUTH ST TOBGEN 06/48 FIXED 5 | 0.007718 | | | Alameda Corridor Transportation Authority, Series 2022C | 0.007614 | | | Tender Option Bond Trust Receipts/Certificates | 0.007593 | | | Fresno, California, Airport Revenue Bonds, Series 2023A | 0.007425 | | | San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2025 A, RB | 0.007424 | | | San Diego Community College District, Series A-1 | 0.007337 | | | CALIFORNIA ST EDUCTNL FACS AUTH REVENUE | 0.007308 | | | California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 D, RB | 0.007211 | | | Los Angeles Department of Water & Power Water System, Series 2025C | 0.007174 | | | CALIFORNIA COMMUNITY VAR | 0.007098 | ✓ | | San Diego County Regional Airport Authority, Senior Private Activity, Series 2025B | 0.007051 | | | California Community Choice Financing Authority, Series B | 0.006813 | ✓ | | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE | 0.006586 | | | State of California | 0.006539 | | | PUERTO RICO SALES TAX FING COR REGD OID B/E 4.75000000 | 0.006357 | | | CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.006326 | | | LOS ANGELES DEPT-B | 0.006326 | | | BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE | 0.006288 | | | CA CCEDEV 5 03/01/2036 | 0.006267 | | | CHANNELSIDE WATER RESOURCES LP 5.0% 11-21-45 | 0.006199 | | | California Enterprise Development Authority, Series A | 0.006115 | | | SAN JOAQUIN TRANS-A | 0.006099 | | | San Diego Public Facilities Financing Authority | 0.006079 | | | CALIFORNIA ST SCH FIN AUTH COL REGD B/E 5.00000000 | 0.006072 | | | CA ST UNIV-A-REF | 0.006039 | | | LOS ANGELES INTL ARPT | 0.006032 | | | San Francisco City & County Airport Comm-San Francisco International Airport, Series 2022 A | 0.005959 | | | RESTRUCTURED-SER A-2- | 0.005939 | | | State of California 5.00% 03/01/2055 | 0.005860 | | | California (State of) Health Facilities Financing Authority (Children's Hospital of Orange), Series 2024, RB | 0.005828 | | | Alvord Unified School District, Series 2023 A, GO Bonds | 0.005800 | | | CALIFORNIA ST MUNI FIN AUTH REVENUE | 0.005790 | ✓ | | LAX INTEGRATED EXPRESS SOLUTIONS LLC 4.0% 12-31-47 | 0.005771 | | | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE | 0.005642 | | ## Sources - N-PORT (fund A) — accession `0000035402-26-002544` (as of 2026-02-28) - N-PORT (fund B) — accession `0001410368-26-056350` (as of 2026-03-31) --- _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. Information may be used only for personal, non-commercial research and may not be redistributed. See _