# Portfolio overlap — FDUAX vs RTHAX Comparing **First Eagle Short Duration High Yield Municipal Fund** (2026-01-31) and **Tax-Exempt High Yield Bond Fund** (2026-04-30). - Shared positions: 116 - First Eagle Short Duration High Yield Municipal Fund covered by Tax-Exempt High Yield Bond Fund: 0.05199415662784018863617163221 - Tax-Exempt High Yield Bond Fund covered by First Eagle Short Duration High Yield Municipal Fund: 0.05199415662784018863617163220 ## 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 | ✓ | ## Tax-Exempt High Yield Bond Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | U.S. Cash Management Fund | 0.022721 | | | OH BUCGEN 5 06/01/2055 | 0.011235 | | | PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000 | 0.009425 | | | PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000 | 0.009146 | | | WI PUBTRN 6.5 12/31/2065 | 0.005632 | | | New York State Dormitory Authority | 0.005206 | | | Puerto Rico Commonwealth Aqueduct & Sewer Authority, Series A | 0.004997 | | | NY NYCDEV 5 11/15/2044 | 0.004638 | ✓ | | Salt River Project Agricultural Improvement & Power District, Series 2025, RB | 0.004476 | | | San Francisco City & County Airport Comm-San Francisco International Airport, Series 2025D | 0.004451 | ✓ | | NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE | 0.004126 | | | NY TRANS CORP 5.50% 6/30/2054 @ | 0.004044 | | | RESTRUCTURED-SER A-2 | 0.004019 | | | TUSCLSA AL GOZ 5.25% 5/1/2044 | 0.004011 | | | Puerto Rico, GDB Debt Recovery Authority Commonwealth Bonds, Taxable Series 2018 | 0.004008 | | | RESTRUCTURED-SER A1 | 0.003644 | | | PENNSYLVANIA ST ECON DEV FING REGD B/E AMT 5.75000000 | 0.003642 | | | Puerto Rico, General Obligation Bonds, Vintage CW NT Claims Taxable Series 2022 | 0.003507 | | | City of Orlando, Series 2026B | 0.003504 | | | TX TRANSPRTN FIN-A | 0.003486 | | | City of New York, Series 2026G | 0.003459 | | | Harris County, Texas, Toll Road Revenue Bonds, Refunding First Lien Series 2024A | 0.003456 | | | Weatherford College of the Parker County Junior College District, Series 2025, RB | 0.003422 | | | UNITED STATES VIRGIN ISLANDS FEDERAL EXCISE TAX 5.0% 10-01-30 | 0.003390 | | | AR ARSDEV 09/01/2046 | 0.003371 | | | MISSOURI ST HLTH & EDUCTNL FACS AUTH | 0.003294 | | | STATE OF NEW JERSEY 4.0% 06-15-45 | 0.003139 | | | CHICAGO IL BRD OF EDU REGD OID B/E 5.75000000 | 0.002855 | | | NEW HOPE EDU FACS-A-1 | 0.002847 | ✓ | | CA STWD 5% 12/1/2046 | 0.002792 | | | NY TRANS CORP 5.375% 6/30/2060 @ | 0.002764 | | | RESTRUCTURED-SER A-2 | 0.002739 | | | San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2019 A, RB | 0.002707 | | | George L. Smith II GA World Congress Center Auth. Rev. (Convention Center Hotel) A | 0.002650 | | | SOUTH JERSEY PORT NJ 17B AMT SF 5.0% 01-01-42 | 0.002623 | | | Jefferson (County of), AL, Series 2024, Ref. RB | 0.002598 | | | Toll Road Sr Lien Refunding RB Series 2021A | 0.002579 | | | MWAA DULLES TOL 4% 10/1/2049 | 0.002497 | | | NH NFAUTL 6.89 04/01/2034 | 0.002418 | | | PROJECTNEW YORK TRANS | 0.002357 | | | STATE OF ILLINOIS MCCORMICK PLACE EXPANSION PROJECT FUND 4.0% 06-15-52 | 0.002298 | | | PUERTO RICO SALES TAX FING COR REGD OID B/E 4.75000000 | 0.002280 | | | BALTIMORE MD WASTEWATER SUB 14C SF 5.0% 07-01-44 | 0.002265 | | | PROMEDICA HEALTHCARE OBLIGATED GROUP 5.25% 11-15-48 | 0.002256 | ✓ | | NJ TRANSPRTN TRUST-CC | 0.002185 | | | LONGWOOD HOUSING FOUNDATION LLC 5.0% 01-01-40 | 0.002180 | | | Black Belt Energy Gas District | 0.002161 | | | Travis County Healthcare District | 0.002157 | | | IL CHITRN 5.25 01/01/2061 | 0.002134 | | | PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000 | 0.002131 | | ## Sources - N-PORT (fund A) — accession `0002071691-26-007386` (as of 2026-01-31) - N-PORT (fund B) — accession `0001410368-26-063588` (as of 2026-04-30) --- _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 _