# Portfolio overlap — FCTFX vs SCTAX

Comparing **Fidelity California Municipal Income Fund** (2026-02-28) and **Allspring California Tax-Free Fund** (2026-03-31).

- Shared positions: 25
- Fidelity California Municipal Income Fund covered by Allspring California Tax-Free Fund: 0.06441706404085877942216705096
- Allspring California Tax-Free Fund covered by Fidelity California Municipal Income Fund: 0.06441706404085877942216705098

## 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 |  |

## Allspring California Tax-Free Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.019220 |  |
| CALIFORNIA COMMUNITY VAR | 0.018837 | ✓ |
| State of California | 0.018715 |  |
| CALIFORNIA ST MUNI FIN AUTH REVENUE | 0.018246 | ✓ |
| LOS ANGELES USD-A | 0.018243 |  |
| SANTA ANA CA UNIF SCH DIST | 0.017438 |  |
| CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE | 0.016602 |  |
| LOS ANGELES DEPT-C | 0.015199 |  |
| HAYWARD UN SD-COPS | 0.015058 |  |
| San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2017 A, RB | 0.014401 |  |
| WASTE MANAGEMENT INC (MPT) 3.45% 10-01-41 | 0.013803 |  |
| California (State of) Housing Finance Agency, Series 2019 A-2, RB | 0.013416 | ✓ |
| California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB | 0.012383 | ✓ |
| SAN FRANCISCO CITY & CNTY CA COPS | 0.012330 |  |
| CA MUNI FIN AUTH | 0.012152 |  |
| California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB | 0.011432 | ✓ |
| SAN DIEGO COUNTY REGIONAL AIRP SDGAPT 07/56 FIXED 5 | 0.011284 |  |
| CALIFORNIA ST MUNI FIN AUTH REVENUE | 0.010802 |  |
| CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.010744 |  |
| CHF-RIVERSIDE II LLC 5.0% 05-15-52 | 0.010099 |  |
| California Community Choice Financing Authority, Series F | 0.009982 | ✓ |
| California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB | 0.009842 |  |
| HENRY MAYO NEWHALL HOSPITAL OBLIGATED GROUP 5.0% 10-15-47 | 0.009783 |  |
| CALIFORNIA COMMUNITY VAR | 0.009728 | ✓ |
| LOMA LINDA UNIVERSITY MEDICAL CENTER OBLIGATED GROUP 5.25% 12-01-44 | 0.009623 |  |
| Glendale (City of), AZ, Series 2024, RB | 0.009557 |  |
| San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2019 A, RB | 0.009353 |  |
| CALIFORNIA STWD CMNTYS DEV AUTH REVENUE | 0.009341 |  |
| Los Angeles (City of), CA Department of Airports, Series 2017 A, RB | 0.009332 |  |
| CALIFORNIA ST STWD CMNTYS DEV AUTH SPL TAX REVENUE | 0.009316 |  |
| MSR Energy Authority, Series B | 0.008830 |  |
| DELANO CA UNION HIGH SCH DIST | 0.008428 |  |
| CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.008289 |  |
| CALIFORNIA COMMUNITY VAR | 0.007901 | ✓ |
| UNIV OF CALIFORNIA CA REVENUES | 0.007890 |  |
| COLLEGE OF THE SEQUOIAS VISALIA AREA IMPROVEMENT DISTRICT NO 2 5.0% 08-01-54 | 0.007681 |  |
| INLAND VLY CA DEV AGY SUCCESSOR AGY TAX ALLOCATION | 0.007534 |  |
| MERCED CA IRR DIST WTR & HYDROELECTRIC SYS REVENUE | 0.007522 |  |
| Oakland Redevelopment Successor Agency, California, Tax Allocation Bonds, Refunding Subordinated Series 2015-TE | 0.007475 |  |
| San Jose (City of), CA, Series 2017 A, Ref. RB | 0.007465 |  |
| LASSEN CA MUNI UTILITY DIST COPS | 0.007298 |  |
| Folsom Cordova Unified School District School Facilities Improvement Dist No 5 | 0.007142 |  |
| UNIV OF CA REGENTS -P | 0.006749 |  |
| Modesto Irrigation District, Series A | 0.006547 |  |
| CA ST SCH FIN AUTH-A | 0.006159 |  |
| Orange County Water District, Series 2003A | 0.006158 |  |
| SAN JOAQUIN VLY CLEAN ENERGY AUTH CA CLEAN ENERGY REVENUE | 0.006097 | ✓ |
| Central Valley Energy Authority, Series 2026 | 0.005889 | ✓ |
| SACRAMENTO CNTY CA ARPT SYS REVENUE | 0.005723 |  |
| ROMOLAND CA SCH DIST SPL TAX | 0.005627 |  |


## Sources

- N-PORT (fund A) — accession `0000035402-26-002544` (as of 2026-02-28)
  <https://www.sec.gov/Archives/edgar/data/718891/000003540226002544/0000035402-26-002544-index.htm>
- N-PORT (fund B) — accession `0001410368-26-052364` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/1081400/000141036826052364/0001410368-26-052364-index.htm>

---

_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 <https://fundwatcher.app/terms/>_
