# Portfolio overlap — GDMZX vs NBOS

Comparing **Defensive Market Strategies Fund** (2026-03-31) and **Neuberger Berman Option Strategy ETF** (2026-02-28).

- Shared positions: 4
- Defensive Market Strategies Fund covered by Neuberger Berman Option Strategy ETF: 0.2977995700426269403174749394
- Neuberger Berman Option Strategy ETF covered by Defensive Market Strategies Fund: 0.2977995700426269403174749394

## Defensive Market Strategies Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| U.S. Treasury Bills | 0.146151 |  |
| FUT. U.S. T-BONDS JUN26 | 0.107545 |  |
| US TREASURY N/B | 0.079465 | ✓ |
| US TREASURY N/B | 0.079288 | ✓ |
| US TREASURY N/B | 0.072774 | ✓ |
| US TREASURY N/B | 0.066273 | ✓ |
| Guidestone Funds MONEY MKT INSTL | 0.065701 |  |
| US TREASURY N/B | 0.030692 |  |
| S&P 500 INDEX PM/EUR FLEX | 0.024138 |  |
| S&P 500 FLEX C01/31/2031 | 0.021125 |  |
| VERISURE HOLDING AB | 0.013324 |  |
| US TREASURY N/B | 0.013023 |  |
| BROADCOM INC | 0.010034 |  |
| MICROSOFT CORP | 0.009651 |  |
| LILLY ELI and CO | 0.008630 |  |
| MASTERCARD INC CL A | 0.007917 |  |
| LINDE PLC | 0.007741 |  |
| HONEYWELL INTL INC | 0.007729 |  |
| U.S. Treasury Bills | 0.006586 |  |
| TJX COS INC | 0.006368 |  |
| TEXAS INSTRUMENTS INC | 0.006327 |  |
| NORTHROP GRUMMAN CORP | 0.006160 |  |
| WELLS FARGO & CO | 0.005960 |  |
| HOME DEPOT INC | 0.005959 |  |
| VISA INC-CLASS A | 0.005887 |  |
| CHUBB LTD | 0.005844 |  |
| DANAHER CORP | 0.005757 |  |
| STRYKER CORP | 0.005655 |  |
| S&P GLOBAL INC | 0.005532 |  |
| APPLE INC | 0.005425 |  |
| PROCTER & GAMBLE | 0.005260 |  |
| COCA-COLA CO/THE | 0.005058 |  |
| BLACKROCK INC | 0.004919 |  |
| NIKE INC CL B | 0.004612 |  |
| MARSH & MCLENNAN | 0.004606 |  |
| AMERICAN EXPRESS CO | 0.004518 |  |
| MCDONALDS CORP | 0.004426 |  |
| Northern Institutional Liquid Asset Portfolio | 0.004094 |  |
| KLA CORP | 0.004024 |  |
| ALPHABET INC CL A | 0.003832 |  |
| JPM 0 09/19/28 EMtR | 0.003822 |  |
| AMPHENOL CORPORATION CL A | 0.003670 |  |
| AMETEK INC NEW | 0.003537 |  |
| ELEVANCE HEALTH INC | 0.002754 |  |
| QUALCOMM INC | 0.002405 |  |
| ON Semiconductor Corporation, Convertible | 0.002281 |  |
| NET 0 06/15/30 | 0.002236 |  |
| KROGER CO | 0.002042 |  |
| MARRIOTT INTL-A | 0.001919 |  |
| EXXON MOBIL CORP | 0.001813 |  |

## Neuberger Berman Option Strategy ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| US TREASURY N/B | 0.141262 | ✓ |
| US TREASURY N/B | 0.137553 | ✓ |
| US TREASURY N/B | 0.132793 | ✓ |
| US TREASURY N/B | 0.129708 |  |
| US TREASURY N/B | 0.126070 | ✓ |
| US TREASURY N/B | 0.120942 |  |
| US TREASURY N/B | 0.117736 |  |
| US TREASURY N/B | 0.062290 |  |
| State Street Navigator Securities Lending Portfolio II | 0.030558 |  |
| SPDR S&P 500 ETF Trust | 0.001089 |  |


## Sources

- N-PORT (fund A) — accession `0002066578-26-001702` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/1131013/000206657826001702/0002066578-26-001702-index.htm>
- N-PORT (fund B) — accession `0001410368-26-040135` (as of 2026-02-28)
  <https://www.sec.gov/Archives/edgar/data/1506001/000141036826040135/0001410368-26-040135-index.htm>

---

_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 <https://fundwatcher.app/terms/>_