# Portfolio overlap — GCAL vs PCDIX Comparing **Goldman Sachs Dynamic California Municipal Income ETF** (2026-02-28) and **PIMCO California Short Duration Municipal Income Fund** (2026-03-31). - Shared positions: 14 - Goldman Sachs Dynamic California Municipal Income ETF covered by PIMCO California Short Duration Municipal Income Fund: 0.07063998617511657143099288369 - PIMCO California Short Duration Municipal Income Fund covered by Goldman Sachs Dynamic California Municipal Income ETF: 0.07063998617511657143099288369 ## Goldman Sachs Dynamic California Municipal Income ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | Los Angeles County Public Works Financing Authority, California, Lease Revenue Bonds, Mulitple Capital Projects I, Build America Taxable Bond Series 2 | 0.017073 | | | GUAM WTRWKS AUTH-A | 0.011494 | | | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK NATIONAL CHARTR | 0.010997 | | | UNITED STATES VIRGIN ISLANDS FEDERAL EXCISE TAX 5.0% 10-01-39 | 0.010141 | | | CALIFORNIA ST MUNI FIN AUTH MF HSG REVENUE | 0.009569 | ✓ | | UNIV OF CALIFORNIA CA RGTS MED UNVHGR 05/45 ADJUSTABLE VAR | 0.009500 | ✓ | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB | 0.009355 | ✓ | | PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000 | 0.009332 | | | RESTRUCTURED-SER A1 | 0.009137 | | | CA SUOSCD 0 02/01/2031 | 0.008981 | | | Santa Rita Union Elementary School District Sch Facs Improvement Dist No 2022-1 | 0.008493 | | | Chino Community Facilities District | 0.008440 | | | STHERN CA LOGISTICS-A | 0.008430 | | | City of Glendale, Series 2025 | 0.008416 | | | SAN MATEO CA US 5% 9/1/2032 | 0.008373 | | | CA OXNSCD 0 02/01/2031 | 0.008359 | | | CITY & COUNTY SAN FRANCISCO CA INFRASTRUCTURE & REVITALIZATION FING DIST 1 FACS 5.0% 09-01-35 | 0.008324 | | | LOS ANGELES WTR & PWR | 0.008183 | | | TRANSBAY JT PWRS-A | 0.008035 | | | SAN MARCOS SD-B | 0.007980 | | | REDDING JT PWRS -A | 0.007771 | | | CA TXB-VAR PURP | 0.007533 | | | UNIV OF CALIFORNIA CA | 0.007479 | | | CA MUNI FIN AUTH-A | 0.007443 | | | State of California, Series 2007 | 0.007427 | ✓ | | California Community Choice Financing Authority, Series F | 0.007354 | ✓ | | CALIFORNIA ST HLTH FACS FING A CASMED 08/48 FIXED 4 | 0.007326 | | | SACRAMENTO CNTY CA ARPT SYS REVENUE | 0.007316 | | | RESTRUCTURED-SER A-2 | 0.007290 | | | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE | 0.007244 | | | CA PCFA WTR FUR 5% 7/1/2029 | 0.007221 | | | PALM DESERT -REF | 0.007124 | | | GUAM PWR AUTH REVENUE GUAM POWER AUTHORITY | 0.007098 | | | CALIFORNIA ST MUNI FIN AUTH RE CALIFORNIA MUNICIPAL FINANCE AUTHORITY | 0.007026 | | | Los Angeles County Public Works Financing Authority, Series 2025, RB | 0.006957 | | | UNIV OF CALIFORNIA CA REVENUES | 0.006956 | | | LOS ANGELES WTR-A-REF | 0.006933 | | | Inglewood Joint Powers Authority, Series 2025 | 0.006889 | | | City of San Jose CA | 0.006870 | | | Municipal Improvement Corp of Los Angeles | 0.006865 | | | Goldman Sachs Trust - Goldman Sachs Financial Square Treasury Instruments Fund | 0.006861 | | | Los Angeles (City of), CA Department of Airports, Series 2018 B, Ref. RB | 0.006691 | ✓ | | Glendale (City of), AZ, Series 2025, RB | 0.006661 | | | Territory of Guam, Series 2025G | 0.006620 | | | Sacramento (County of), CA, Series 2018 C, Ref. RB | 0.006592 | | | California Health Facilities Financing Authority | 0.006527 | | | SACRAMENTO-WTR REV | 0.006513 | | | City of Atwater CA Wastewater Revenue | 0.006507 | | | UNITED AIRLINES INC 4.0% 07-15-29 | 0.006502 | | | American Samoa Economic Development Authority, Series 2025 B | 0.006478 | | ## PIMCO California Short Duration Municipal Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | PIMCO PRV SHORT TERM FLT III MUTUAL FUND | 0.091352 | | | UNIV OF CALIFORNIA REVENUES UNVHGR 05/48 ADJUSTABLE VAR | 0.030150 | | | Bay Area Toll Authority, Series 2023 A, VRD Ref. RB | 0.029289 | | | UNIV OF CALIFORNIA CA RGTS MED UNVHGR 05/45 ADJUSTABLE VAR | 0.028126 | ✓ | | US TREASURY N/B | 0.024359 | | | IRVINE WTR-RF-A1-VAR | 0.021536 | | | US TREASURY N/B | 0.019852 | | | ANTELOPE VLY E KERN CA WTR AGY ATLWTR 04/55 ADJUSTABLE VAR | 0.015463 | | | SAN DIEGO CNTY CA SDG 06/26 FIXED 5 | 0.015176 | | | CALIFORNIA ST SCH CASH RESERVE CASGEN 06/26 FIXED 5 | 0.015169 | | | UNIV OF CALIFORNIA CA RGTS MED UNVHGR 05/45 ADJUSTABLE VAR | 0.015075 | | | REPUBLIC SERVICES INC (MPT) 3.25% 07-01-51 | 0.013999 | ✓ | | US TREASURY N/B | 0.013307 | | | State of California 5.00% 09/01/2031 | 0.013048 | | | CALIFORNIA ST | 0.012922 | | | State of California, Series 2007 | 0.012084 | ✓ | | LOS ANGELES FAC-A-PRE | 0.012081 | | | San Francisco City & County Airport Comm-San Francisco International Airport | 0.010768 | | | CA PUB FIN AUTH-B1 | 0.010768 | | | BAY AREA TOLL-H | 0.010768 | | | SAN DIEGO TRANSPRTN-A | 0.010768 | | | UNIV OF CALIFORNIA REVENUES UNVHGR 05/48 ADJUSTABLE VAR | 0.010768 | | | REPUBLIC SERVICES INC (MPT) 2.875% 07-01-43 | 0.010754 | | | RB (Sharp Healthcare) Series 2024E | 0.010337 | | | CA ST MFA SW 0% 10/1/2045 MT @ | 0.009901 | ✓ | | California Community Choice Financing Authority, Series 2025G | 0.009798 | | | CALIFORNIA ST STWD CMNTYS DEV CASDEV 08/47 ADJUSTABLE VAR | 0.009670 | | | US TREASURY N/B | 0.009600 | | | PUERTO RICO SALES TAX FING COR PUERTO RICO SALES TAX FINANCING CORP SALES TAX REV | 0.009575 | | | Eastern Municipal Water District, Series A | 0.009476 | | | CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.009334 | | | CENTURY WLAVA 4 LP (MPT) 2.95% 06-01-46 | 0.009249 | | | E BAY MUD-B-REV-REF | 0.009130 | | | CALIFORNIA ST MUNI FIN AUTH MF HSG REVENUE | 0.009100 | ✓ | | CA STWD CMNTYS DEV-B | 0.008748 | | | CALIFORNIA COMMUNITY VAR | 0.008717 | | | Los Angeles County, California, Tax and Revenue Anticipation Notes, Series 2025-26 | 0.008670 | | | BAY AREA TOLL AUTHORITY FRN 04-01-59 | 0.008614 | | | VICTORY BOULEVARD HOUSING PARTNERS LP (MPT) 3.0% 01-01-46 | 0.008614 | | | California (State of) Housing Finance Agency (Social Certificates), Series 2021-2A, Revenue Ctfs. | 0.008120 | | | State of California | 0.007959 | | | California Community Choice Financing Authority, Series B | 0.007887 | | | CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.007819 | | | CALIFORNIA ST STWD CMNTYS DEV CASDEV 09/26 FIXED 5 | 0.007742 | | | CA STWD CMNTYS-H | 0.007665 | | | California Enterprise Development Authority | 0.007587 | | | LOS ANGELES HSG-B | 0.007574 | | | Municipal Improvement Corp. of Los Angeles, Series 2016B | 0.007553 | | | West Contra Costa Unified School District, Series 2025A | 0.007013 | | | CALIFORNIA COMMUNITY VAR | 0.006923 | ✓ | ## Sources - N-PORT (fund A) — accession `0000940400-26-015189` (as of 2026-02-28) - N-PORT (fund B) — accession `0001099263-26-007257` (as of 2026-03-31) --- _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 _