# Portfolio overlap — FRCZX vs CAM Comparing **Franklin California Intermediate-Term Tax-Free Income Fund** (2026-03-31) and **AB California Intermediate Municipal ETF** (2026-02-28). - Shared positions: 24 - Franklin California Intermediate-Term Tax-Free Income Fund covered by AB California Intermediate Municipal ETF: 0.06010494257908444361837223071 - AB California Intermediate Municipal ETF covered by Franklin California Intermediate-Term Tax-Free Income Fund: 0.06010494257908444361837223071 ## Franklin California Intermediate-Term Tax-Free Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | CA ST PUB WKS BRD-A | 0.023133 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB | 0.018866 | ✓ | | Los Angeles Department of Water & Power, Series 2017 B | 0.017139 | | | FOOTHILL E TRANSP-CAB | 0.015502 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2022 A-1, RB | 0.014672 | | | CALIFORNIA COMMUNITY VAR | 0.013857 | ✓ | | UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.00000000 | 0.012881 | | | STATE OF CALIFORNIA | 0.012387 | | | CALIFORNIA ST EDUCTNL FACS AUTH REVENUE | 0.012039 | | | State of California | 0.011802 | | | California Community Choice Financing Authority, Series 2025G | 0.011774 | ✓ | | CALIFORNIA ST-TXBL | 0.011671 | | | CALIFORNIA COMMUNITY VAR | 0.011648 | ✓ | | Jurupa Unified School District, Series 2019 C | 0.011064 | | | California Municipal Finance Authority, Series 2022 A-1 | 0.010658 | | | CA STWD 5% 7/1/2055 | 0.010644 | | | STHRN CA MET WTR DT-C | 0.009783 | | | CALIFORNIA COMMUNITY VAR | 0.009679 | ✓ | | California Community Choice Financing Authority, Series 2026 A-1 | 0.009506 | ✓ | | LOS ANGELES UNIF SD-A | 0.009482 | | | CALIFORNIA COMMUNITY VAR | 0.009450 | | | Align Affordable Housing Bond Fund LP, Series 2020-3 TR, Class A | 0.008473 | | | CALIFORNIA ST EDUCTNL | 0.008319 | | | LOS ANGELES DEPT WTR | 0.008009 | | | Los Angeles (City of), CA Department of Airports (Green Bonds), Series 2022 G, RB | 0.007917 | | | CALIFORNIA ST MUNI FIN AUTH REVENUE | 0.007828 | | | State of California, Series 2025, GO Bonds | 0.007826 | | | LELAND STANFORD JUNIOR UNIVERSITY 5.0% 06-01-46 | 0.007812 | | | Align Affordable Housing Bond Fund LP, Series 2021-1 | 0.007658 | | | STHRN CALIFORNIA ST PUBLIC PWR REGD B/E 5.00000000 | 0.007412 | | | California Municipal Finance Authority, Series 2025 A | 0.007304 | | | Capital Trust Authority, Series 2024 | 0.007171 | | | RIVERSIDE TRANSPRNT-B | 0.007138 | | | Maricopa County Industrial Development Authority, Series 2024 | 0.007138 | | | Golden State Tobacco Securitization Corp., Series 2018 A-1 | 0.006901 | | | CSCDA COMMUNITY IMPROVEMENT AUTHORITY TOWNE AT GLENDALE APARTMENTS 5.0% 09-01-37 | 0.006835 | | | California Statewide Communities Development Authority, Series 2016 | 0.006583 | | | SAN RAFAEL CITY ELEMENTARY SCH SRFSCD 08/54 FIXED OID 4 | 0.006545 | | | SAN FRANCISCO CO-A | 0.006491 | | | CSCDA Community Improvement Authority, Series 2021 A-1 | 0.005885 | ✓ | | CALIFORNIA ST INFRASTRUCTURE & CALIFORNIA INFRASTRUCTURE & ECONOMIC DEVELOPMENT B | 0.005864 | | | San Diego County Regional Airport Authority, Series 2019A | 0.005803 | | | CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.005801 | | | Los Angeles (City of), CA Department of Airports, Series 2020, Ref. RB | 0.005754 | | | CALIFORNIA ST MUNI FIN AUTH REVENUE | 0.005607 | | | CA ST MFA MHSG 4% 11/1/2036 | 0.005594 | | | City of Riverside, Series 2019 A | 0.005588 | | | Los Angeles County Metropolitan Transportation Authority, Series 2017 A | 0.005582 | | | KAISER FOUNDATION HOSPITALS 5.0% 11-01-47 | 0.005525 | | | CA MUNI FIN AUTH-A | 0.005446 | | ## AB California Intermediate Municipal ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | Los Angeles (City of), CA, Series 2025, RN | 0.044433 | | | UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.00000000 | 0.017727 | | | California Community Choice Financing Authority, Series 2023 E-1 | 0.015978 | | | DESERTXPRESS ENTERPRISES LLC (MPT) 3.5% 01-01-65 | 0.014277 | | | CALIFORNIA COMMUNITY VAR | 0.014005 | | | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV | 0.013337 | | | Bay Area Toll Authority | 0.011656 | | | San Francisco City & County Airport Comm-San Francisco International Airport | 0.010379 | | | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE | 0.009987 | | | CALIFORNIA COMMUNITY VAR | 0.009747 | ✓ | | San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Second Series 2024, Ref. RB | 0.009639 | ✓ | | LOS ANGELES WTR-A-REF | 0.009575 | | | NRTHRN CA ENRGY | 0.009493 | | | California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 C, RB | 0.009468 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB | 0.009310 | ✓ | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB | 0.009286 | | | California (State of) Housing Finance Agency, Series 2019 A-2, RB | 0.009003 | ✓ | | California (State of) Community Choice Financing Authority (Green Bonds), Series 2023, RB | 0.008989 | | | UNITED AIRLINES INC 4.0% 07-15-29 | 0.008892 | | | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE | 0.008875 | | | YUCAIPA VLY WTR DIST FING AUTH REVENUE | 0.008822 | | | BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE | 0.008540 | | | Los Angeles Unified School District, Series 2018B-1 | 0.008408 | | | California (State of) Housing Finance Agency, Series 2021-1A, Revenue Ctfs. | 0.008317 | | | California Community Choice Financing Authority, Series C | 0.007244 | | | SAN JOAQUIN VLY CLEAN ENERGY AUTH CA CLEAN ENERGY REVENUE | 0.007144 | | | California (State of) Housing Finance Agency (Social Certificates), Series 2021-2A, Revenue Ctfs. | 0.006915 | | | State of California | 0.006481 | | | CA ST PUB WKS-A | 0.006429 | | | SOUTHERN CALIFORNIA EDISON CO 4.5% 11-01-33 | 0.006324 | | | CALIFORNIA COMMUNITY VAR | 0.006299 | ✓ | | CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.006200 | | | MSR Energy Authority, Series B | 0.006077 | | | NJ TRANSP 5% 6/15/29 | 0.005911 | | | California Community Choice Financing Authority, Series F | 0.005846 | | | M-S-R Energy Authority, Series A | 0.005827 | | | San Francisco City & County Airport Comm-San Francisco International Airport, Series 2024 A | 0.005802 | | | UNIV OF CALIFORNIA CA REVENUES | 0.005757 | | | CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.005741 | | | CALIFORNIA COMMUNITY VAR | 0.005723 | | | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE | 0.005475 | | | CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.005463 | | | CALIFORNIA ST UNIV REVENUE | 0.005314 | | | CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.005314 | | | CALIFORNIA ST INFRASTRUCTURE & REGD B/E 3.25000000 | 0.005190 | | | San Francisco City & County Airport Comm-San Francisco International Airport, Series C | 0.005183 | | | CA UNIV REVENUE-A-REF | 0.005119 | | | LOS ANGELES DEPT-B | 0.004981 | | | CA ST | 0.004920 | | | San Diego County Regional Airport Authority | 0.004887 | | ## Sources - N-PORT (fund A) — accession `0002071691-26-012257` (as of 2026-03-31) - N-PORT (fund B) — accession `0001410368-26-040382` (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 _