# Portfolio overlap — JCBAX vs PBCAX Comparing **JPMorgan California Tax Free Bond Fund** (2026-02-28) and **PGIM California Muni Income Fund** (2026-02-27). - Shared positions: 26 - JPMorgan California Tax Free Bond Fund covered by PGIM California Muni Income Fund: 0.08418958815728345584102228351 - PGIM California Muni Income Fund covered by JPMorgan California Tax Free Bond Fund: 0.08418958815728345584102228351 ## JPMorgan California Tax Free Bond Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | JPMorgan Institutional Tax Free Money Market Fund, Class IM | 0.088326 | | | Bay Area Toll Authority, Toll Bridge, Series 2024I | 0.017479 | | | MARINA JT PWRS AUTH | 0.011398 | | | CALIFORNIA COMMUNITY VAR | 0.011243 | | | State of California, Various Purpose | 0.010504 | | | Los Angeles (City of), CA, Series 2025, RN | 0.010251 | | | San Francisco City & County Airport Comm-San Francisco International Airport | 0.010162 | | | State of California, Series 2024B2 | 0.010162 | | | CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.009766 | | | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK NATIONAL CHARTR | 0.009654 | | | CALIFORNIA COMMUNITY VAR | 0.008650 | ✓ | | BLACK BELT ENERGY GAS DISTRICT (MPT) 5.0% 03-01-55 | 0.008408 | | | ALVORD USD-B-CABS | 0.008133 | | | SACRAMENTO MUNI UTIL | 0.007987 | | | Desert Community College District, Riverside County, California, General Obligation Bonds, Election of 2016 Series 2024 | 0.007907 | | | OH BUCGEN 5 06/01/2055 | 0.007812 | | | California Enterprise Development Authority, Series A | 0.007143 | ✓ | | Grossmont Healthcare District, Series 2025F | 0.007131 | | | CA ST MFA SW 3.85% MT @ | 0.007115 | | | Port of Los Angeles, Series 2019B | 0.007037 | | | UNIV OF CALIFORNIA CA REVENUES REGD B/E 5.00000000 | 0.006830 | | | LONG BEACH CALIF BD FIN AUTH NAT GAS PUR REV SER A | 0.006816 | ✓ | | STHRN CA PUB PWR AUTH | 0.006712 | | | San Diego County Regional Airport Authority, Senior Private Activity, Series 2025B | 0.006646 | | | MAIN STR NAT GA 5% 5/1/2055 MT | 0.006534 | | | VIEW AT SAN BRUNO LP (MPT) 5.0% 06-01-56 | 0.006469 | | | City of Glendale Electric, Series 2024 | 0.006396 | | | LOS ANGELES-D-REF-REV | 0.006311 | | | CALIFORNIA ST INFRASTRUCTURE & REGD B/E 3.25000000 | 0.006247 | ✓ | | California Infrastructure & Economic Development Bank | 0.006162 | ✓ | | CALIFORNIA ST MUNI FIN AUTH MF REGD V/R B/E 2.95000000 | 0.006148 | | | PALMDALE FAMILY HOUSING LP (MPT) 2.95% 01-01-56 | 0.006142 | | | REPUBLIC SERVICES INC (MPT) 3.875% 03-01-54 | 0.006106 | | | CA CCEDEV 5 03/01/2036 | 0.005980 | ✓ | | Eastern Municipal Water District, Water and Wastewater, Series 2016A | 0.005919 | | | San Diego Public Facilities Financing Authority, Series A | 0.005848 | | | Los Angeles Department of Water and Power, Water System, Series 2017A | 0.005845 | | | SAN FRANCISCO CA CITY | 0.005721 | | | Desert Community College District, Series 2026 | 0.005686 | | | San Jose Unified School District, Series C | 0.005466 | | | State of California Department of Water Resources, Central Valley Project, Water System, Series AW | 0.005408 | | | CA STWD CMNTYS-A | 0.005304 | ✓ | | UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.25000000 | 0.005172 | ✓ | | VICTORY BOULEVARD HOUSING PARTNERS LP (MPT) 3.0% 01-01-46 | 0.005129 | | | PLACER 712 LP HUD SECT 8 (MPT) 3.2% 09-01-45 | 0.005101 | | | MSR Energy Authority, Series B | 0.005047 | | | UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.00000000 | 0.004975 | | | GOLDEN ST TOBACCO SECURITIZATI REGD ZCP OID B/E 0.00000000 | 0.004919 | | | UNIV OF CA REGENTS -P | 0.004882 | | | Jurupa Public Financing Authority, Series 2024 | 0.004879 | | ## PGIM California Muni Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | (PIPA070) PGIM Core Government Money Market Fund | 0.038692 | | | State of California, Series 2024, GO Bonds | 0.013956 | | | CALIFORNIA COMMUNITY VAR | 0.013754 | ✓ | | LONG BEACH CALIF BD FIN AUTH NAT GAS PUR REV SER A | 0.011517 | ✓ | | California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 C, RB | 0.011475 | | | CA STWD CMNTYS DEV-B | 0.009551 | | | UNIV OF CALIFORNIA CA REVENUES | 0.009485 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2023, RB | 0.009113 | ✓ | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB | 0.008859 | ✓ | | California Infrastructure & Economic Development Bank | 0.008728 | | | CALIFORNIA COMMUNITY VAR | 0.008684 | | | California (State of) Housing Finance Agency, Series 2021-1A, Revenue Ctfs. | 0.008495 | | | CA STWD CMNTYS-A | 0.008314 | ✓ | | California (State of) Housing Finance Agency, Series 2019 A-2, RB | 0.008285 | | | California Community Choice Financing Authority, Series F | 0.008274 | | | CALIFORNIA ST MUNI FIN AUTH MF REGD B/E FHLMC C 3.75000000 | 0.008227 | | | CA ST PUB WKS-C-REF | 0.008046 | | | CALIFORNIA COMMUNITY VAR | 0.008016 | | | San Diego County Regional Airport Authority | 0.007824 | | | LOS ANGELES DEPT-B | 0.007671 | | | City of Santa Clara CA Electric Revenue | 0.007609 | | | KAISER FOUNDATION HOSPITALS (MPT) 5.0% 06-01-41 | 0.007540 | | | PROVIDENCE ST JOSEPH HEALTH OBLIGATED GROUP (MPT) 5.0% 10-01-39 | 0.007380 | | | CA OXNSCD 0 02/01/2031 | 0.006996 | | | UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.25000000 | 0.006796 | ✓ | | STHRN CA PUB PWR-B | 0.006772 | | | STATE OF CALIFORNIA | 0.006766 | | | CA CASGEN 4.05 07/20/2041 | 0.006764 | ✓ | | DESERTXPRESS ENTERPRISES LLC (MPT) 3.5% 01-01-65 | 0.006692 | | | State of California | 0.006592 | | | California Community Choice Financing Authority, Series 2026 A-1 | 0.006581 | ✓ | | PORT OF OAKLAND CA REGD N/C B/E AMT 5.00000000 | 0.006558 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2022 A-1, RB | 0.006525 | | | UNITED AIRLINES INC 4.0% 07-15-29 | 0.006462 | ✓ | | University of California | 0.006397 | | | Port of Los Angeles 5.00% 08/01/2035 | 0.006252 | | | UNIV OF CALIFORNIA CA | 0.006169 | | | California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 D, RB | 0.006126 | | | Vernon (City of), CA, Series 2021 A, RB | 0.006032 | | | STHRN CA PUB PWR-A | 0.006021 | | | CALIFORNIA ST MUNI FIN AUTH MU CASMFH 02/41 ADJUST OID VAR | 0.005981 | | | CALIFORNIA COMMUNITY VAR | 0.005971 | | | CA CCEDEV 5 03/01/2036 | 0.005820 | ✓ | | Orange (County of), CA Community Facilities District No. 2015-1 (Esencia Village), Series 2015 A, RB | 0.005760 | | | California (State of) Health Facilities Financing Authority (Sutter Health), Series 2018 A, RB | 0.005754 | | | CA STWD CMNTYS-H | 0.005749 | | | State of California | 0.005746 | | | University of California, Series 2026 CE | 0.005735 | | | CALIFORNIA ST-A-REF | 0.005671 | | | State of California | 0.005665 | | ## Sources - N-PORT (fund A) — accession `0002071691-26-009290` (as of 2026-02-28) - N-PORT (fund B) — accession `0000940400-26-014268` (as of 2026-02-27) --- _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 _