# Portfolio overlap — FDUAX vs JHTFX Comparing **First Eagle Short Duration High Yield Municipal Fund** (2026-01-31) and **High Yield Municipal Bond Fund** (2026-02-28). - Shared positions: 41 - First Eagle Short Duration High Yield Municipal Fund covered by High Yield Municipal Bond Fund: 0.08965004619644313073592165355 - High Yield Municipal Bond Fund covered by First Eagle Short Duration High Yield Municipal Fund: 0.08965004619644313073592165354 ## First Eagle Short Duration High Yield Municipal Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | Black Belt Energy Gas District, Series 2025, RB | 0.022438 | ✓ | | FLORIDA ST DEV FIN CORP REGD V/R B/E AMT 10.00000000 | 0.020452 | | | DENVER CO UAL LEASE AMT 5.0% 10-01-32 | 0.019213 | | | Westchester County Local Development Corp., Series 2025, RB | 0.017410 | | | NY NYCDEV 5 11/15/2044 | 0.014776 | | | STATE OF NEVADA DEPARTMENT OF DIRDEV 01/65 ADJUSTABLE VAR | 0.013332 | | | NEW JERSEY ST ECON DEV AUTH DO REGD OID B/E AMT 6.37500000 | 0.011432 | ✓ | | CHICAGO IL BRD OF EDU REGD OID B/E 7.00000000 | 0.011081 | | | San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2019 E, RB | 0.010856 | | | County of Lucas, Series 2025 | 0.010514 | | | TULSA OK MUNI ARPT TRUST TRUST TULSA MUNICIPAL AIRPORT TRUST TRUSTEES/OK | 0.010304 | | | SILICON VLY CA TOBACCO SECURIT SILGEN 06/36 ZEROCPNOID 0 | 0.009641 | | | Wyandotte County-Kansas City Unified Government, Series 2022 | 0.008946 | | | CHICAGO ILLIN 6% 4/1/2046 | 0.008834 | | | New Hampshire Business Finance Authority, Series 2025 | 0.008571 | | | DESERTXPRESS ENTERPRISES LLC (MPT) 12.0% 01-01-65 | 0.008460 | ✓ | | MTA HUDSON RAIL YRD-A | 0.008354 | | | San Francisco City & County Airport Comm-San Francisco International Airport, Series 2025D | 0.008300 | | | State of Illinois, Series 2025, GO Bonds | 0.008164 | | | NY TRANS CORP 5% 8/1/2031 AMT | 0.007317 | | | New Hampshire (State of) Business Finance Authority (Thomas Ranch), Series 2024, RB | 0.006922 | | | NY NYCDEV 5.38 11/15/2040 | 0.006788 | | | LOMA LINDA UNIVERSITY MEDICAL CENTER OBLIGATED GROUP 5.25% 12-01-56 | 0.006788 | | | NEW JERSEY ST ECON DEV AUTH DO REGD OID B/E AMT 6.62500000 | 0.006638 | ✓ | | DOMTAR CORP SR SECURED 144A 10/28 6.75 | 0.006506 | ✓ | | SANCTUARY LTC LLC 5.25% 01-01-42 | 0.006501 | ✓ | | PRATT PAPER NY INC 5.0% 01-01-35 | 0.006486 | | | PUBLIC FIN AUTH WI REVENUE | 0.005843 | | | RED RIVER EDU FIN CORP TX HGR EDU REVENUE | 0.005682 | ✓ | | MUNIBOND | 0.005565 | | | PORT SEATTLE WA INDL DEV CORP REGD OID B/E AMT 5.00000000 | 0.005549 | | | Chicago O'Hare International Airport, Series E | 0.005443 | | | FLORIDA ST DEV FIN CORP REGD V/R OID B/E AMT 14.00000000 | 0.005357 | | | NOVELIS CORP (MPT) 5.0% 06-01-55 | 0.005336 | ✓ | | WASTE PRO USA INC (MPT) 4.45% 07-01-37 | 0.005284 | ✓ | | Chicago O'Hare International Airport, Series 2024 A | 0.005265 | | | PUBLIC FIN AUTH WI SPL REVENUE | 0.005233 | | | LOUISIANA ST PUBLIC FACS AUTHS REGD V/R B/E AMT 4.37500000 | 0.005223 | | | Monroe County Industrial Development Corp. (St. Ann's Community), Series 2019, Ref. RB | 0.005204 | | | Public Finance Authority, Series 2025 | 0.005177 | | | City of East Providence, Series 2016 | 0.005173 | | | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE | 0.005136 | | | WASTE PRO USA INC 3.0% 06-01-32 | 0.005117 | | | KANSAS CIY MO/AGM 5% 3/1/57@ | 0.005050 | | | BERKS PA MUN AU 3% 6/30/2044 | 0.004976 | | | Virgin Islands Hotel Development Financing Corp., Series 2025 A-1 | 0.004967 | | | NY TRANS CORP 5% 7/1/46 @ | 0.004850 | ✓ | | CHICAGO IL BRD OF EDU DEDICATED CAPITAL IMPT TAX | 0.004618 | | | California (State of) Public Finance Authority (California University of Science and Medicine), Series 2019 A, RB | 0.004590 | | | PROMEDICA HEALTHCARE OBLIGATED GROUP 5.25% 11-15-48 | 0.004437 | ✓ | ## High Yield Municipal Bond Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | San Francisco City & County Airport Comm-San Francisco International Airport, Series 2024 A | 0.032074 | | | Black Belt Energy Gas District, Series 2025, RB | 0.015439 | ✓ | | OH BUCGEN 5 06/01/2055 | 0.013683 | | | WI PUBTRN 6.5 12/31/2065 | 0.008971 | | | JH COLLATERAL | 0.008608 | | | California County Tobacco Securitization Agency | 0.008500 | | | DISTRICT OF COLUMBIA | 0.007918 | | | VIRGIN ISLANDS HOTEL DEV FING REGD OID B/E 6.00000000 | 0.007863 | | | Louisiana Publics Facilities Authority, Louisiana, Revenue Bonds, I-10 Calcasieu River Bridge Public-Private Partnership Project, Senior Lien Series 2 | 0.007782 | | | RED RIVER EDU FIN CORP TX HGR EDU REVENUE | 0.007779 | ✓ | | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTHCARE REVENUE | 0.007281 | | | Charlotte County Industrial Development Authority, Series 2021 A | 0.007195 | | | Eagle Avimor Community Infrastructure District 1, Ada, Boise, and Gem Counties, Idaho, Special Assessment Revenue Bonds, Assessment Area 6 Series 2024 | 0.006873 | | | ALACHUA FL HEAT 5.75% 10/1/2053 | 0.006382 | | | NEW JERSEY ST ECON DEV AUTH DO REGD OID B/E AMT 6.62500000 | 0.006351 | ✓ | | DESERTXPRESS ENTERPRISES LLC (MPT) 12.0% 01-01-65 | 0.006263 | ✓ | | PREREF MET WASHINGTON DC ARPTS AUTH D REGD OID B/E AG PREREFUNDED 10/01/26 @ 100 6.50000000 | 0.006200 | | | CHICAGO IL BRD OF EDU REGD B/E 6.25000000 | 0.006100 | | | WA WASHSG 6.25 01/01/2056 | 0.006081 | | | NY TRANS CORP 5.375% 6/30/2060 @ | 0.006073 | | | KS WYAGEN 5.5 03/01/2046 | 0.006064 | | | NEW HAMPSHIRE BUSINESS FINANCE NFAGEN 12/35 FIXED 5.25 | 0.006052 | ✓ | | PUBLIC FIN AUTH WI REVENUE REGD ZCP OID B/E 0.00000000 | 0.006038 | | | PUBLIC FIN AUTH WI EDUCTNL FAC REVENUE | 0.005979 | | | Mobile (County of), AL Industrial Development Authority (AM/NS Calvert LLC), Series 2024, RB | 0.005946 | | | Higher Educational Facilities Financing Authority, Florida, Revenue Bonds, Keiser University Project, Series 2025 | 0.005902 | | | MASSACHUSETTS ST DEV FIN AGY S REGD OID B/E 6.50000000 | 0.005755 | | | NY TRANS CORP 5% 7/1/46 @ | 0.005670 | ✓ | | NEW HAMPSHIRE BUSINESS FINANCE NFAGEN 12/35 FIXED 5.375 | 0.005476 | ✓ | | PROMEDICA HEALTHCARE OBLIGATED GROUP 5.25% 11-15-48 | 0.005392 | ✓ | | Ohio County, WV Commission TIF Rev. Refg. (Highlands) | 0.005355 | | | VERMILION CREEK METROPOLITAN D VRCFAC 12/55 FIXED 5.875 | 0.005284 | | | Beaver County Industrial Development Authority, Series B | 0.005240 | | | VIRGINIA TOBACCO SENIOR-SER B1 | 0.005131 | | | MI GRADEV 6.12 11/01/2060 | 0.005083 | | | Pine View Public Infrastructure District No. 2, Series 2026 | 0.005083 | | | Public Finance Authority | 0.004971 | | | WYANDOTTE COUNTY-KANSAS CITY U WYAGEN 06/40 FIXED 4.5 | 0.004857 | | | MASSACHUSETTS ST DEV FIN AGY R MASDEV 07/54 FIXED OID 5 | 0.004754 | | | KANSAS CITY MO INDL DEV AUTH E REGD OID B/E 5.00000000 | 0.004745 | | | PUBLIC FINANCE AUTHORITY PUBEDU 03/61 FIXED OID 6.25 | 0.004711 | | | PORT OF GTR CINCINNATI DEV AUTH OH SPL OBLIG TIF REVENUE | 0.004363 | | | PONTE VEDRA PINE CO LLC OBLIGATED GROUP 6.75% 11-15-55 | 0.004245 | | | Puerto Rico, General Obligation Bonds, Vintage CW NT Claims Taxable Series 2022 | 0.004234 | | | NOVELIS CORP (MPT) 5.0% 06-01-55 | 0.004223 | ✓ | | WI PUBTRN 5.75 12/31/2065 | 0.004219 | | | FLORIDA ST LOCAL GOVT FIN COMMISSION EDUCTNL FACS REVENUE | 0.004215 | | | WOLF CREEK INFRASTRUCTURE FING REGD B/E 5.75000000 | 0.004193 | | | FLORIDA ST LOCAL GOVT FIN COMMISSION REVENUE | 0.004187 | ✓ | | MIAMI-DADE CNTY FL INDL DEV AUTH STUDENT HSG REVENUE | 0.004181 | | ## Sources - N-PORT (fund A) — accession `0002071691-26-007386` (as of 2026-01-31) - N-PORT (fund B) — accession `0001193125-26-184474` (as of 2026-02-28) --- _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 _