# Portfolio overlap — JSNSX vs JIPAX Comparing **Income Fund** (2026-02-28) and **Strategic Income Opportunities Fund** (2026-02-28). - Shared positions: 317 - Income Fund covered by Strategic Income Opportunities Fund: 0.6176057018258554205110556201 - Strategic Income Opportunities Fund covered by Income Fund: 0.6176057018258554205110556202 ## Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | US TREASURY N/B | 0.022399 | | | JH COLLATERAL | 0.018768 | ✓ | | US TREASURY N/B | 0.014820 | | | US TREASURY N/B | 0.013622 | ✓ | | JAPAN GOVERNMENT TWO YEAR BOND BONDS 12/26 0.6 | 0.011583 | ✓ | | US TREASURY N/B | 0.010125 | | | BRAZIL NOTAS DO TESOURO NACION NOTES 01/27 10 | 0.009549 | ✓ | | UNITED KINGDOM GILT BONDS REGS 10/31 4 | 0.008684 | | | CZECH REPUBLIC GOVERNMENT BOND SR UNSECURED 11/32 4.5 | 0.008123 | ✓ | | Bundesrepublik Deutschland Bundesanleihe | 0.007920 | ✓ | | NEW ZEALAND GOVERNMENT BOND UNSECURED 05/34 4.25 | 0.007849 | ✓ | | NEW ZEALAND GOVERNMENT BOND UNSECURED 05/32 2 | 0.007504 | ✓ | | NEW SOUTH WALES TREASURY CORP LOCAL GOVT G REGS 02/36 4.25 | 0.007486 | ✓ | | US TREASURY N/B | 0.007324 | | | Southstate Corporation | 0.006708 | | | HSBC Holdings PLC | 0.006574 | ✓ | | FANNIE MAE POOL FN 04/54 FIXED 5.5 | 0.006571 | ✓ | | NEXTERA ENERGY INC PREFERRED STOCK 11/27 7.234 | 0.006343 | ✓ | | NORWAY GOVERNMENT BOND SR UNSECURED 144A REGS 05/32 2 | 0.005837 | ✓ | | CENOVUS ENERGY | 0.005815 | ✓ | | VMED O2 UK FINC. I 4.25% | 0.005795 | ✓ | | FANNIE MAE POOL FN 10/54 FIXED 5.5 | 0.005544 | ✓ | | TransDigm, Inc. | 0.005373 | ✓ | | NEW ZEALAND GOVERNMENT BOND UNSECURED REGS 04/33 3.5 | 0.005372 | ✓ | | UBS Group AG | 0.005340 | ✓ | | US TREASURY N/B | 0.005334 | | | T/L 1011778 B.C. UNLIMITED LIABILITY COMPANY REGD 0.00000000 | 0.005256 | ✓ | | FREEPORT-MC C&G | 0.005176 | ✓ | | KOREA TREASURY BOND BONDS 03/27 2.625 | 0.005124 | | | American International Group Inc | 0.004931 | ✓ | | QUIKRETE HOLDINGS INC SR SECURED 144A 03/32 6.375 | 0.004769 | ✓ | | HCA INC | 0.004768 | ✓ | | PHILIPPINE GOVERNMENT BOND BONDS 07/30 6.375 | 0.004752 | ✓ | | TREASURY CORP OF VICTORIA LOCAL GOVT G 11/37 2 | 0.004672 | ✓ | | Bank of America Corp. | 0.004667 | ✓ | | PHILIPPINE GOVERNMENT BOND SR UNSECURED 05/29 6.5 | 0.004632 | ✓ | | FANNIE MAE POOL FN 12/54 FIXED 5.5 | 0.004619 | ✓ | | Sirius XM Radio LLC | 0.004582 | ✓ | | FANNIE MAE POOL FN 10/54 FIXED 5.5 | 0.004576 | | | JAPAN GOVERNMENT TEN YEAR BOND BONDS 06/26 0.1 | 0.004523 | | | UNITK 2026-1A A2 | 0.004476 | | | RY V6.5 05/24/86 | 0.004474 | ✓ | | US TREASURY N/B | 0.004410 | ✓ | | BALL CORP SR UNSEC 2.875% 08-15-30 | 0.004349 | ✓ | | AMER ELEC PWR | 0.004207 | ✓ | | NRG TERM B 1LN 04/16/2031 | 0.004179 | ✓ | | American Airlines Inc/AAdvantage Loyalty IP Ltd | 0.004125 | ✓ | | NEW ZEALAND GOVERNMENT BOND UNSECURED REGS 04/37 2.75 | 0.003954 | | | INDIA GOVERNMENT BOND SR UNSECURED 04/29 7.1 | 0.003938 | ✓ | | FANNIE MAE POOL FN 01/55 FIXED 5.5 | 0.003923 | ✓ | ## Strategic Income Opportunities Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | JH COLLATERAL | 0.035831 | ✓ | | US TREASURY N/B | 0.013324 | ✓ | | BRAZIL NOTAS DO TESOURO NACION NOTES 01/27 10 | 0.012168 | ✓ | | AES V7.6 01/15/55 | 0.009315 | ✓ | | NEW ZEALAND GOVERNMENT BOND UNSECURED 05/34 4.25 | 0.008508 | ✓ | | JAPAN GOVERNMENT TWO YEAR BOND BONDS 12/26 0.6 | 0.007988 | ✓ | | FANNIE MAE POOL FN 04/54 FIXED 5.5 | 0.007968 | ✓ | | CZECH REPUBLIC GOVERNMENT BOND SR UNSECURED 11/32 4.5 | 0.007740 | ✓ | | FREEPORT-MC C&G | 0.007395 | ✓ | | American International Group Inc | 0.007294 | ✓ | | CENOVUS ENERGY | 0.007101 | ✓ | | NEW ZEALAND GOVERNMENT BOND UNSECURED REGS 04/33 3.5 | 0.006889 | ✓ | | NEXTERA ENERGY INC PREFERRED STOCK 11/27 7.234 | 0.006668 | ✓ | | UBS V7 PERP 144 | 0.006600 | | | US TREASURY N/B | 0.006454 | ✓ | | Bank of Montreal | 0.006255 | ✓ | | T/L GREAT OUTDOORS GROUP LLC REGD 0.00000000 | 0.006191 | ✓ | | STANLEY BLACK | 0.006089 | ✓ | | QXO INC PREFERRED STOCK 05/28 5.5 | 0.005591 | | | Quikrete Term Loan B-3 (Incremental) 225 2032-01-23 | 0.005565 | | | First Citizens BancShares, Inc., Series D | 0.005448 | | | Citizens Financial Group, Inc., Series I, Pfd. | 0.005441 | | | T/L OPAL US LLC 0.00000000 | 0.005340 | ✓ | | NBN CO LTD SR UNSECURED REGS 08/31 5 | 0.005334 | | | US TREASURY N/B | 0.005328 | ✓ | | NORWAY GOVERNMENT BOND SR UNSECURED 144A REGS 05/32 2 | 0.005313 | ✓ | | YUM! BRANDS INC SR UNSECURED 03/31 3.625 | 0.005140 | ✓ | | PHILIPPINE GOVERNMENT BOND SR UNSECURED 05/29 6.5 | 0.004980 | ✓ | | PHILIPPINE GOVERNMENT BOND BONDS 07/30 6.375 | 0.004944 | ✓ | | Mozart Debt Merger Sub Inc. (Medline Industries), Term Loan | 0.004936 | ✓ | | HUNTINGTON BANCSHARES JR SUBORDINA 12/99 VAR | 0.004889 | | | WSBC 7 3/8 PERP | 0.004857 | | | Fifth Third Bancorp DEPOSITARY SHARES REPRESENTING A 1/40TH OWNERSHIP INTEREST IN A SHARE OF 6.875% FIXED-RATE RESET NON-CUMULATIVE PERPETUAL PREFERRE | 0.004842 | ✓ | | INDONESIA TREASURY BOND BONDS 04/32 6.375 | 0.004759 | ✓ | | RY V6.5 05/24/86 | 0.004731 | ✓ | | CORPBOND | 0.004677 | ✓ | | First Citizens BancShares, Inc. Series E | 0.004587 | | | Sirius XM Radio LLC | 0.004556 | ✓ | | INDIA GOVERNMENT BOND SR UNSECURED 04/29 7.1 | 0.004456 | ✓ | | CONTINENTAL RESOURCES REGD 144A P/P 2.87500000 | 0.004453 | ✓ | | Cleveland-Cliffs Inc. | 0.004410 | ✓ | | ROYAL BANK OF CANADA JR SUBORDINA 12/99 VAR | 0.004409 | ✓ | | BNS 6 7/8 10/27/2085 | 0.004364 | ✓ | | NRG TERM B 1LN 04/16/2031 | 0.004356 | ✓ | | Oracle Corp., Series D | 0.004333 | ✓ | | CNP 3 08/01/28 | 0.004315 | ✓ | | CoreWeave, Inc. | 0.004313 | | | NEW SOUTH WALES TREASURY CORP LOCAL GOVT G REGS 09/35 4.75 | 0.004312 | ✓ | | Panther BF Aggregator 2 L.P. (Power Solutions, Clarios POWSOL), Term Loan B | 0.004292 | ✓ | | TransDigm, Inc. | 0.004235 | ✓ | ## Sources - N-PORT (fund A) — accession `0001193125-26-184476` (as of 2026-02-28) - N-PORT (fund B) — accession `0001193125-26-184517` (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 _