# Portfolio overlap — FSHSX vs FSMB Comparing **Federated Hermes Short-Intermediate Municipal Fund** (2026-03-31) and **First Trust Short Duration Managed Municipal ETF** (2026-04-30). - Shared positions: 28 - Federated Hermes Short-Intermediate Municipal Fund covered by First Trust Short Duration Managed Municipal ETF: 0.05816854277947383138182007898 - First Trust Short Duration Managed Municipal ETF covered by Federated Hermes Short-Intermediate Municipal Fund: 0.05816854277947383138182007897 ## Federated Hermes Short-Intermediate Municipal Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | Nuveen California AMT-Free Quality Municipal Income Fund, Series A | 0.035952 | | | CALIFORNIA ST INFRASTRUCTURE & REGD V/R B/E 1.20000000 | 0.024173 | | | West Jefferson Industrial Development Board | 0.022438 | | | Columbia Industrial Development Board, Series 2014 D | 0.018097 | | | State of Illinois, Series D | 0.016784 | | | MAIN STR NAT GA(RCC) 5% 9/1/30MT 53 | 0.015186 | | | TN TGYPWR 12/01/2051 | 0.014162 | | | LOUISIANA ST OFFSHORE TERMINAL LOUISIANA OFFSHORE TERMINAL AUTHORITY | 0.013988 | | | DFW ARPT 5% 11/1/2026 | 0.013631 | | | MAIN STR NAT GA 5% MT | 0.013495 | | | COLORADO ST HLTH FACS AUTH REV REGD V/R B/E 5.00000000 | 0.012961 | | | PORT OF SEATTLE WA REVENUE | 0.011170 | | | GA PWR - SOUTHERN CO 18-1 V1 | 0.010760 | ✓ | | MEADE CNTY KY INDL BLDG REVENU REGD V/R B/E AMT 3.10000000 | 0.010582 | | | FARM N MEX PCR 0% 6/1/2040 | 0.010429 | | | FT BEND TX ISD 4% 8/1/2054 | 0.010355 | | | CHESAPEAKE VA REDEV & HSG AUTH MF HSG REVENUE | 0.010217 | | | NJ EDA WTR 1.1% 11/1/2029 MT @ | 0.009842 | | | N TX TOLLWY AUTH-A | 0.009083 | | | WISCONSIN ST HLTH & EDUCTNL FA WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORIT | 0.008968 | | | LANSING MI WTR 2% MT | 0.008917 | | | MONTGOMERY INDL 0% 10/1/2053 MT | 0.008786 | | | SOUTHEAST ENRG 5% MT | 0.008696 | | | PA PASMED 5 06/15/2031 | 0.008265 | | | Lancaster Port Authority, Series 2024A | 0.008050 | ✓ | | MONRO NY 61075N 5% 7/1/2028 | 0.007837 | | | TX MATPOL 4.25 05/01/2030 | 0.007831 | ✓ | | WISE VA IDA SW 3.8% MT | 0.007737 | | | GA BURPOL 11/01/2053 | 0.007673 | ✓ | | TX DEPT HSG & CMNTY | 0.007656 | | | KNOXV TN 3.1% MT | 0.007655 | | | DICKSON TN HLTH EDUCTNL & HSG FAC BRD MF REVENUE | 0.007651 | | | Louisville/Jefferson County Metropolitan Government, Series 2005 A | 0.007613 | | | SWEETWATER PCR | 0.007606 | | | PHOENIX INDL DEV-A | 0.007277 | | | Jefferson County, Alabama, Sewer Revenue Warrants, Series 2024 | 0.007181 | | | TX TRANSPRTN-B-REF | 0.006816 | | | MAIN STR NAT GA 5% MT | 0.006768 | ✓ | | Harris County Cultural Education Facilities Finance Corp. (Baylor College of Medicine), Series 2024 A, RB | 0.006718 | | | NE PUB PWR DT | 0.006636 | | | WASTE MANAGEMENT INC 1.45% 04-01-27 | 0.006591 | | | GRAND PKWY TRANSPRTN | 0.006589 | | | Chandler Industrial Development Authority, Series 2019 | 0.006456 | | | NY NY CITY HS 3.7% MT | 0.006433 | | | WISCONSIN ST HLTH & EDUCTNL FA WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORIT | 0.006400 | | | Wisconsin (State of) Public Finance Authority (Duke Energy Progress), Series 2022, Ref. RB | 0.006381 | ✓ | | JPMorgan Chase Putters/Drivers Trust | 0.006375 | | | STATE OF OHIO | 0.006340 | | | TX MATPOL 2.6 11/01/2029 | 0.005707 | | | State of Illinois, Series D | 0.005598 | | ## First Trust Short Duration Managed Municipal ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | Southeast Energy Authority, Alabama, Revenue Bonds Cooperative District Energy Supply Series 2024C | 0.010781 | | | County of Utah UT | 0.008459 | | | OH OHSDEV 11/01/2039 | 0.008131 | | | Wisconsin (State of) Public Finance Authority (Duke Energy Progress), Series 2022, Ref. RB | 0.007243 | ✓ | | St. John the Baptist (Parish of), LA (Marathon Oil Corp.), Series 2017, Ref. RB | 0.006812 | | | Main Street Energy, Inc., Series D | 0.006590 | | | Palm Beach (County of), FL Health Facilities Authority (ACTS Retirement-Life Communities, Inc.), Series 2016, Ref. RB | 0.006334 | | | NYC MUNI WTR FIN-BB | 0.005921 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2025A | 0.005890 | ✓ | | Black Belt Energy Gas District | 0.005821 | | | BLACK BELT ENERGY GAS VAR | 0.005787 | | | NM MUNI ENERGY ACQ AU | 0.005721 | | | NEW YORK ST HSG FIN AGY AFFORDABLE HSG REVENUE | 0.005317 | | | LOS ANGELES CA DEPT OF ARPTS A REGD B/E AMT 5.00000000 | 0.005316 | | | ALLEGHENY HOSP DEV-A | 0.005231 | | | WHITING IN ENVRNMNTL FACS REVE REGD V/R B/E AMT 5.00000000 | 0.005204 | | | MD CMNTY DEV-D-2 | 0.005135 | | | UNITED AIRLINES INC 4.0% 07-15-29 | 0.005107 | | | WASTE MANAGEMENT INC (MPT) 3.45% 11-01-44 | 0.005076 | | | NEW YORK NY REGD V/R B/E 2.65000000 | 0.005075 | ✓ | | NORTH CAROLINA ST HSG FIN AGYM REGD V/R B/E 5.00000000 | 0.004917 | | | TX TMGUTL 01/01/2054 | 0.004815 | | | FARM N MEX PCR 0% 6/1/2040 MT | 0.004764 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2024B | 0.004620 | | | DFW ARPT 5% 11/1/2031 @ | 0.004612 | | | FLORIDA DEV FIN CORP HLTHCAREFACS REVENUE | 0.004581 | | | City of Atlanta GA Department of Aviation | 0.004563 | | | TN TNSUTL 05/01/2053 | 0.004354 | | | City of Philadelphia PA Airport Revenue | 0.004342 | | | FAIRFAX C VA 5% 1/1/2045 MT | 0.004323 | | | WASTE MANAGEMENT INC (MPT) 3.45% 10-01-41 | 0.004255 | ✓ | | NORTH BLOCK ASSOCIATES LLC HUD SECT 8 FHA 221(D)(4) (MPT) 3.4% 02-01-29 | 0.004249 | | | COUNTY OF TRIMBLE KY TRMENV 06/33 FIXED 3.75 | 0.004234 | | | ARKANSAS DEV FIN AUTH ENVIRONM REGD V/R B/E AMT 4.00000000 | 0.004223 | | | MOBILE PCR-VAR-AL PWR | 0.004192 | | | MTRO WA DC ARPT 5% 10/1/2031 @ | 0.004155 | | | LEHIGH PA_IDA 3% 9/1/2029 | 0.004146 | | | INDIANAPOLIS IN LOCAL PUBLIC I REGD N/C B/E AMT 5.00000000 | 0.004125 | | | State of Illinois, Series C | 0.004124 | | | NORTHWESTERN CORP 3.875% 07-01-28 | 0.004114 | | | HOUSTON-UTL SYS-B-REF | 0.004101 | | | DE ST EDA 3.60% 1/1/31 | 0.004093 | | | PEFA INC VAR | 0.004075 | | | TENNERGY CORP TN GAS REVENUE TENNERGY CORP/TN | 0.004035 | | | NY TRANS CORP 5% 1/1/2032 @ | 0.004010 | | | SOUTHEAST ENERGY-F | 0.003984 | | | SOUTHEAST ENERGY AUTH VAR | 0.003963 | | | South Carolina Jobs-Economic Development Authority, Series 2023A | 0.003914 | | | MTRO WA DC ARPT 5% 10/1/2035 @ | 0.003899 | | | NYC HSG DEV CORP-F-2A | 0.003825 | | ## Sources - N-PORT (fund A) — accession `0000353101-26-000007` (as of 2026-03-31) - N-PORT (fund B) — accession `0000940400-26-025147` (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 _