# Portfolio overlap — FSTTX vs FGNSX Comparing **American Funds Short-Term Tax-Exempt Bond Fund** (2026-01-31) and **Strategic Advisers Tax-Sensitive Short Duration Fund** (2026-02-28). - Shared positions: 94 - American Funds Short-Term Tax-Exempt Bond Fund covered by Strategic Advisers Tax-Sensitive Short Duration Fund: 0.05891695345403855158011013849 - Strategic Advisers Tax-Sensitive Short Duration Fund covered by American Funds Short-Term Tax-Exempt Bond Fund: 0.05891695345403855158011013851 ## American Funds Short-Term Tax-Exempt Bond Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | UTILITY-TE-2 | 0.009626 | | | UNIV OF MICHIGAN MI REGD V/R B/E 2.40000000 | 0.008033 | | | PEFA INC VAR | 0.008017 | ✓ | | WASTE MANAGEMENT INC (MPT) 4.6% 10-01-46 | 0.007599 | ✓ | | CA STWD CMNTYS DEV-A | 0.007208 | ✓ | | MS BUS FIN-VAR-J-CHEV | 0.006608 | ✓ | | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES | 0.006392 | | | MUNIBOND | 0.005895 | | | ARIZONA ST INDL DEV AUTH MF HS REGD V/R B/E 5.00000000 | 0.005476 | | | WASTE MANAGEMENT INC (MPT) 4.25% 06-01-48 | 0.004952 | | | SOUTHEAST ENERGY AUTH VAR | 0.004654 | | | Los Angeles (City of), CA, Series 2025, RN | 0.004368 | ✓ | | State of Georgia, Series 2022C | 0.004351 | | | WASTE MANAGEMENT INC (MPT) 3.875% 08-01-38 | 0.004331 | ✓ | | HOUSTON TX UTILITY SYS REVENUE REGD V/R B/E 3.45000000 | 0.004319 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2025A | 0.004300 | ✓ | | UTAH ST HSG CORP MF REVENUE REGD N/C B/E HUD SEC 3.62500000 | 0.004245 | | | UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.00000000 | 0.004065 | | | VIRGINIA HSG DEV-G | 0.004058 | | | State of Hawaii Department of Budget and Finance, The Queen's Health Systems, Series 2025B | 0.003973 | | | MISSISSIPPI ST BUSINESS FIN COMMISSION GULF OPPORTUNITY ZONE | 0.003973 | | | California Community Choice Financing Authority, Series F | 0.003898 | | | State of Colorado, Series B | 0.003865 | | | PREREF CENTRL FL EXPRESSWAY AUTH SR L REGD B/E PREREFUNDED 07/01/26 @ 100 4.00000000 | 0.003761 | | | BLACK BELT ENERGY GAS DISTRICT (MPT) 5.0% 03-01-55 | 0.003755 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2024B | 0.003731 | | | NEW YORK MUNI WTR-AA2 | 0.003565 | | | PREREF BEXAR CNTY TX REGD B/E PREREFUNDED 06/15/26 @ 100 5.00000000 | 0.003489 | | | QUEEN'S HEALTH SYSTEMS OBLIGATED GROUP FRN 07-01-51 | 0.003455 | | | PALMDALE FAMILY HOUSING LP (MPT) 2.95% 01-01-56 | 0.003438 | | | STHRN CA PUB PWR-B | 0.003386 | ✓ | | STATE OF NORTH CAROLINA 5.0% 06-01-29 | 0.003367 | | | MI HSG ST DEV AUTH-A | 0.003354 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2024A-1 | 0.003204 | | | NYC TRANSITIONAL-F-1 | 0.003198 | | | HOUSTON TX ISD | 0.003161 | | | LOS ANGELES DEPT-C | 0.003139 | | | CARROLLTON-FARMERS BRANCH INDEPENDENT SCHOOL DISTRICT PSF-GTD 5.0% 02-15-27 | 0.003108 | | | NORTH PORT PRESERVATION LTD DIVIDEND HOUSING ASSOCIATION LLC FHA 223(F) (MPT) 5.0% 08-01-27 | 0.003088 | | | California Community Choice Financing Authority, Series B-1 | 0.003086 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB | 0.003085 | | | WISE VA IDA SW 3.125% MT | 0.003054 | ✓ | | NEW HAVEN UNIFIED SCHOOL DISTRICT AG 0.0% 08-01-29 | 0.003024 | | | TX EXXON 12 G=EXXON V1 | 0.003023 | | | NYC MUNI WTR FIN-DD | 0.002994 | | | EXXON MOBIL CORP FRN 12-01-40 | 0.002937 | | | RUSH SYSTEM FOR HEALTH OBLIGATED GROUP 5.0% 11-15-30 | 0.002931 | | | PORT OF PORTLAND OR AIRPORT REVENUE 5.0% 07-01-31 | 0.002884 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2022A-1 | 0.002831 | | | DICKSON TN HLTH EDUCTNL & HSG FAC BRD MF REVENUE | 0.002815 | | ## Strategic Advisers Tax-Sensitive Short Duration Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | Vanguard Ultra Short-Term Tx-Ex Adm | 0.065363 | | | JPMorgan Ultra-Short Municipal Income ETF | 0.022405 | | | Federated Hermes Municipal Ultrashort IS | 0.021281 | | | Fidelity Sai Municipal Money Market Fund | 0.014191 | | | Fidelity Municipal Cash Central Fund | 0.013631 | | | MONEY MARKET FUND | 0.013270 | | | Port of Port Arthur Navigation District | 0.012400 | | | REPUBLIC SERVICES INC (MPT) 3.45% 12-01-35 | 0.011316 | | | WHITING IN ENVRNMNTL FACS REVE REGD V/R B/E AMT 5.00000000 | 0.007836 | ✓ | | Rib Floater Trust Various States | 0.007469 | | | Florida Insurance Assistance Interlocal Agency Inc | 0.006293 | | | KY STUD LN 23-1A1 L=BA V7@ | 0.005244 | | | PA WELLSPAN HLTH 25B Q=TD V7 | 0.004768 | | | King (County of), WA, Series 2025, RB | 0.004768 | | | MA ST HSG FIN A 3.60% 12/1/2026 | 0.004766 | | | DFW ARPT 5% 11/1/2027 @ | 0.004352 | | | GA OGLETHORPE PWR HATCH 13A V7 | 0.004141 | | | TX TAREDU 11/15/2052 | 0.004141 | | | MUNIBOND | 0.003928 | | | TRINITY HEALTH CORP OBLIGATED GROUP (MPT) 2.65% 12-01-41 | 0.003878 | | | MO HLTH & EDU FACS AU | 0.003858 | | | MOBILE PCR-VAR-AL PWR | 0.003815 | | | MUNIBOND | 0.003668 | | | MUNIBOND | 0.003640 | | | TX ST MF HSG ROERS BOERNE 2023-MIZ9124 MZ/MZ D35 | 0.003528 | | | CA STWD CMNTYS DEV-A | 0.003420 | ✓ | | ALBANY CITY NY 3/20/26 BAN | 0.003308 | | | MI FIN AUTH 25A1 7/20/26 RAN | 0.003283 | | | FT BEND TX ISD 4% 8/1/2054 | 0.003248 | | | WI UNVMED 04/01/2048 | 0.003178 | | | TARRANT MTHDT HLTH 08B L=TD V1 | 0.003178 | | | PHIL PA CHOP 24B-2 Q=JP V1 | 0.003178 | | | MICHIGAN ST BLDG AUTH REVENUE | 0.003178 | | | MS BUS FIN-VAR-J-CHEV | 0.003147 | ✓ | | LEE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/FL V7 | 0.003115 | | | BLACK BELT ENERGY GAS VAR | 0.003092 | | | MARICOPA IDA-D | 0.003068 | | | SAINT JAMES PARISH LA REVENUE PARISH OF ST JAMES LA | 0.003051 | | | TOBACCO SETTLEMENT FING CORP N TOBGEN 06/26 FIXED 5 | 0.002962 | | | BINGHAMTON CITY NY 4/10/26 BAN | 0.002960 | | | OH OHSDEV 11/01/2039 | 0.002953 | ✓ | | MO MOSMED 05/01/2051 | 0.002911 | ✓ | | COLORADO ST HSG FIN AUTH MF HSG REVENUE | 0.002894 | | | NC NUCOR 00 V7@ | 0.002892 | | | Los Angeles (City of), CA, Series 2025, RN | 0.002885 | ✓ | | Trimble County, Kentucky, Environmental Facilities Revenue Bonds, Kentucky Utilities Company Project Series 2023A | 0.002884 | | | WASTE MANAGEMENT INC (MPT) 4.6% 10-01-46 | 0.002877 | ✓ | | TX METHODIST HLTH 25E Q=RC V1 | 0.002861 | | | TX NSDSCD 08/01/2054 | 0.002807 | | | Highlands County Health Facilities Authority | 0.002803 | | ## Sources - N-PORT (fund A) — accession `0001193125-26-130879` (as of 2026-01-31) - N-PORT (fund B) — accession `0000035402-26-002689` (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 _