# Portfolio overlap — FSTTX vs VSDM Comparing **American Funds Short-Term Tax-Exempt Bond Fund** (2026-01-31) and **VANGUARD SHORT DURATION TAX-EXEMPT BOND ETF** (2026-01-31). - Shared positions: 158 - American Funds Short-Term Tax-Exempt Bond Fund covered by VANGUARD SHORT DURATION TAX-EXEMPT BOND ETF: 0.08653560747577789473725120964 - VANGUARD SHORT DURATION TAX-EXEMPT BOND ETF covered by American Funds Short-Term Tax-Exempt Bond Fund: 0.08653560747577789473725120963 ## 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 | ✓ | ## VANGUARD SHORT DURATION TAX-EXEMPT BOND ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | Vanguard Municipal Cash Management Fund | 0.008463 | | | TX TMGUTL 01/01/2054 | 0.006500 | ✓ | | CALIFORNIA COMMUNITY VAR | 0.005305 | ✓ | | MAIN STR NAT GA 4% 07/01/2052 MT | 0.004811 | ✓ | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2025A | 0.004252 | ✓ | | TENNERGY CORP TN GAS REVENUE TENNERGY CORP/TN | 0.004002 | | | NM MUNI ENERGY ACQ AU | 0.003898 | | | BLACK BELT ENERGY GAS VAR | 0.003847 | | | California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 D, RB | 0.003824 | ✓ | | LOWER CO RIVER AUTH-B | 0.003807 | | | STATE OF ILLINOIS 5.0% 05-01-33 | 0.003770 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB | 0.003733 | | | SOUDERTON AREA SD | 0.003688 | | | FRT SMTH AR W and S 5% 10/1/2031 | 0.003546 | | | UNIV WI HOSP CLINIC-B | 0.003486 | | | HIDALGO DRN #1-UNREF | 0.003408 | | | NY NY CITY HS(NEW YORK MHSG) 3.25% 2/1/30 MT 65 | 0.003396 | ✓ | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2022A-1 | 0.003376 | ✓ | | STHRN CA PUB PWR-A | 0.003360 | | | PATRIOTS EN GRP 5.25% MT | 0.003337 | | | MINNEAPOLS MN 5% MT | 0.003241 | | | California Community Choice Financing Authority, Series B-1 | 0.003194 | ✓ | | SOUTHEAST ENERGY AUTH VAR | 0.003167 | ✓ | | MINNEAPOLIS MN HLTH CARE SYS R REGD V/R B/E 5.00000000 | 0.003100 | | | Energy Southeast Cooperative District, Alabama, Energy Supply Revenue Bonds, Series 2025B | 0.003100 | | | BLACK BELT ENERGY GAS VAR | 0.003032 | | | TARRANT TX EDFC 5% MT | 0.002975 | | | Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020A-2 Class 1 | 0.002937 | | | SOUTHEAST ENERGY AUTH VAR | 0.002934 | | | California Community Choice Financing Authority, Series F | 0.002897 | ✓ | | TX TRANSPRTN-B-REF | 0.002891 | | | WAUKEGAN-B | 0.002842 | | | LOWER AL GAS DT-A-REF | 0.002827 | ✓ | | California Community Choice Financing Authority, Series C | 0.002816 | ✓ | | TENNERGY CORP TN GAS REVENUE TGYPWR 10/53 ADJUSTABLE VAR | 0.002766 | | | NY TRANS FIN AUTH-D-1 | 0.002743 | | | TARRANT EFFC HO 5% MT | 0.002736 | | | COOK CO SD #78 | 0.002666 | | | RESTRUCTURED-SER A1 | 0.002632 | | | TX NSDSCD 08/01/2054 | 0.002581 | | | SOUTHEAST ENERGY AUTH VAR | 0.002564 | | | SOUTHEAST ENERGY-E | 0.002552 | | | Bay Area Toll Authority, Series 2021 A | 0.002531 | | | Southeast Energy Authority, Alabama, Commodity Supply Revenue Bonds, Project 2, Series 2021B-1 | 0.002524 | ✓ | | MAIN STR NAT GA 5% MT | 0.002495 | | | JOHNSON HLTH & EDU | 0.002494 | | | MAIN STR NAT GA 5% MT | 0.002489 | | | PHILA PA SD 5% 09/01/34 | 0.002473 | | | NORTH CAROLINA CAPITAL FACILIT NCSEDU 05/33 FIXED 4 | 0.002458 | | | BLACK BELT GAS DT-E | 0.002412 | | ## Sources - N-PORT (fund A) — accession `0001193125-26-130879` (as of 2026-01-31) - N-PORT (fund B) — accession `0000225997-26-000122` (as of 2026-01-31) --- _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 _