# Portfolio overlap — JCBSX vs JMUB Comparing **JPMorgan California Tax Free Bond Fund** (2026-02-28) and **JPMorgan Municipal ETF** (2026-02-28). - Shared positions: 68 - JPMorgan California Tax Free Bond Fund covered by JPMorgan Municipal ETF: 0.1655266156876870066983920211 - JPMorgan Municipal ETF covered by JPMorgan California Tax Free Bond Fund: 0.1655266156876870066983920211 ## 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 | | ## JPMorgan Municipal ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | JPMorgan Institutional Tax Free Money Market Fund, Class IM | 0.097030 | ✓ | | CA CCEDEV 5 03/01/2036 | 0.009795 | ✓ | | OH BUCGEN 5 06/01/2055 | 0.006160 | ✓ | | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE | 0.005559 | | | CALIFORNIA COMMUNITY VAR | 0.005521 | ✓ | | County of Utah UT | 0.004864 | | | BLACK BELT ENERGY GAS DISTRICT (MPT) 5.0% 03-01-55 | 0.004780 | ✓ | | PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000 | 0.004722 | ✓ | | LONG ISLAND PWR-B | 0.004716 | | | MAIN STR NAT GA 5% 12/1/2052 MT | 0.004454 | | | ILLINOIS ST FIN AUTH REVENUE | 0.004077 | | | NORTH CAROLINA HSG FIN AGY HOMEOWNERSHIP REVENUE | 0.003961 | | | CALIFORNIA COMMUNITY VAR | 0.003850 | | | TX SANUTL 02/01/2055 | 0.003786 | | | TX DALAPT 11/01/2050 | 0.003727 | | | WY CAMUTL 3.62 07/15/2039 | 0.003686 | | | MONTGOMERY INDL 0% 10/1/2053 MT | 0.003614 | | | MD HLTH & HGR EDU-B | 0.003474 | | | FRANKLIN HOSP-VAR-REF | 0.003474 | | | District of Columbia, Series 2025A | 0.003453 | | | SALES TAX SECURTZTN-C | 0.003429 | | | LOWER AL GAS DT-A-REF | 0.003418 | ✓ | | Harris County Cultural Education Facilities Finance Corp., Series 2024F | 0.003352 | | | ILLINOIS ST FIN AUTH REVENUE REGD V/R B/E 3.75000000 | 0.003099 | | | Salt River Project Agricultural Improvement & Power District, Series 2025, RB | 0.002951 | | | TX TAREDU 11/15/2064 | 0.002867 | | | TX TXSUTL 01/01/2055 | 0.002816 | | | MAIN STR NAT GA 5% 5/1/2055 MT | 0.002782 | ✓ | | OHIO ST UNIV REGD V/R B/E 2.35000000 | 0.002779 | | | State of Illinois, Series 2025D | 0.002772 | | | MAIN STR NAT GA 5% MT | 0.002753 | ✓ | | Grossmont-Cuyamaca Community College District, Election of 2002, Series 2008C | 0.002696 | | | NY TRNSPRTN DEV-AMT | 0.002690 | | | Main Street Natural Gas, Inc., Series 2025B | 0.002651 | | | TN TNSUTL 5 11/01/2034 | 0.002540 | | | NEW YORK MUNI WTR-AA2 | 0.002539 | | | MUNIBOND | 0.002506 | | | NOVELIS CORP (MPT) 5.0% 06-01-55 | 0.002473 | ✓ | | OHIO WTR DEV AUTH-A | 0.002470 | | | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE | 0.002394 | | | State of Washington, Various Purpose, Series 2026C | 0.002373 | | | Bergen County Improvement Authority (The), Series 2025 A | 0.002371 | | | RESTRUCTURED-SER A-2 | 0.002367 | ✓ | | TOBACCO SETTLEMENT FING CORP N TOBGEN 06/46 FIXED 5 | 0.002342 | | | State of Washington, Series 2026C | 0.002323 | | | State of North Carolina, Series 2019 | 0.002292 | | | MUNIBOND | 0.002286 | | | AL BBEUTL 5 07/01/2033 | 0.002260 | | | Harris County Cultural Education Facilities Finance Corp. (Texas Children's Hospital), Series 2015, VRD RB | 0.002258 | | | STRN UT INDN CO 5% 4/1/2035 | 0.002257 | | ## Sources - N-PORT (fund A) — accession `0002071691-26-009290` (as of 2026-02-28) - N-PORT (fund B) — accession `0002071691-26-009323` (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 _