# Portfolio overlap — JSORX vs RAVI Comparing **JPMorgan Strategic Income Opportunities Fund** (2026-02-28) and **FlexShares Ultra-Short Income Fund** (2026-01-31). - Shared positions: 49 - JPMorgan Strategic Income Opportunities Fund covered by FlexShares Ultra-Short Income Fund: 0.07905502941513066548941838659 - FlexShares Ultra-Short Income Fund covered by JPMorgan Strategic Income Opportunities Fund: 0.07905502941513066548941838657 ## JPMorgan Strategic Income Opportunities Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | JPMorgan Prime Money Market Fund, IM Shares | 0.442537 | | | FNCL 6 3/24 | 0.112420 | | | FNCL 6 4/26 | 0.033488 | | | Uniform Mortgage-Backed Security, TBA | 0.008028 | | | U.S. Secured Overnight Financing Rate | 0.005736 | | | KEURIG DR PEPPER INC REGD V/R 4.63613700 | 0.004895 | ✓ | | GS F 05/21/27 | 0.004446 | | | Nordea Bank Abp (pfd) 6.63% 09/26/2174 Perpetual | 0.004386 | | | PUBLIC STORAGE | 0.004261 | ✓ | | ORACLE CORP VARIABLE RATE 08/03/2028 | 0.003891 | ✓ | | GS F 10/28/27 GMTN | 0.003678 | | | NATIONAL SECURITIES CLEARING CORP | 0.003516 | | | MERCEDES-BENZ FIN NA REGD V/R 144A P/P 4.69612100 | 0.003496 | | | KEURIG DR PEPPER INC REGD V/R 5.02405700 | 0.003367 | ✓ | | NEXTERA ENERGY CAPITAL HOLDINGS INC VARIABLE RATE 02/04/2028 | 0.003359 | ✓ | | CITIBANK NA SR UNSECURED 04/26 VAR | 0.003331 | | | WALT DISNEY CO/THE FRN SOFRINDX+47 03/14/2029 | 0.003258 | | | GSK Float 03/12/27 | 0.003257 | ✓ | | UNITEDHEALTH GRP. INC FRN | 0.003256 | ✓ | | ROYAL BANK OF CANADA SR UNSECURED 07/26 VAR | 0.003253 | | | RY Float 07/23/27 | 0.003249 | | | UBS AG STAMFORD CT SR UNSECURED 05/27 VAR | 0.003238 | | | National Rural Utilities Cooperative Finance Corp. | 0.003207 | | | WALMART INC SR UNSECURED 04/27 VAR | 0.003164 | ✓ | | AMERICAN EXPRESS CO SR UNSECURED 02/28 VAR | 0.003069 | | | HNDA F 03/08/27 MTN | 0.002956 | | | GEORGIA POWER CO VARIABLE RATE 09/15/2026 | 0.002939 | | | ROYAL BANK OF CANADA SR UNSECURED 04/26 VAR | 0.002921 | ✓ | | AMERICAN EXPRESS CO SR UNSECURED 04/27 VAR | 0.002909 | ✓ | | AMERICAN HONDA FINANCE CORP FRN SOFR+55 05/11/2026 | 0.002906 | | | HSBC USA INC SR UNSECURED 03/27 VAR | 0.002769 | | | Citigroup Inc. | 0.002718 | | | RABOBANK NEDERLAND NY BRH FRN SOFRINDX+71 03/05/2027 | 0.002658 | | | TOYOTA MOTOR CREDIT CORP SR UNSECURED 05/26 VAR | 0.002635 | | | MERCEDES BENZ FIN NA COMPANY GUAR 144A 11/27 VAR | 0.002520 | | | CATERPILLAR FINL SVCS CORP FRN SOFR+69 10/16/2026 | 0.002497 | | | CITIBANK NA SR UNSECURED 08/26 VAR | 0.002445 | | | Abbott Laboratories | 0.002445 | | | Citigroup Inc. | 0.002433 | | | WELLS FARGO + COMPANY SR UNSECURED 01/28 VAR | 0.002433 | ✓ | | BMW US CAPITAL LLC COMPANY GUAR 144A 04/26 VAR | 0.002419 | | | CVX Float 02/26/27 | 0.002408 | | | PAYPAL HOLDINGS INC FRN SOFR+67 03/06/2028 | 0.002293 | ✓ | | Toyota Motor Credit Corp. | 0.002262 | | | NATIONAL AUSTRALIA BANK LTD FRN SOFR+60 10/26/2027 144A | 0.002249 | | | Toyota Motor Credit Corp., Series B | 0.002246 | ✓ | | MS F 04/13/28 MTN | 0.002239 | ✓ | | MERCEDES BENZ FIN NA COMPANY GUAR 144A 04/27 VAR | 0.002231 | | | BANK OF MONTREAL SR UNSECURED 09/27 VAR | 0.002196 | | | CONSOLIDATED EDISON CO OF NY FRN SOFRINDX+52 11/18/2027 | 0.002173 | ✓ | ## FlexShares Ultra-Short Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | MERCK INC FRN | 0.019681 | ✓ | | BANK OF AMERICA CORPORATION FRN SOFR+111 05/09/2029 | 0.017280 | | | AT&T INC | 0.016388 | | | CHEVRON USA INC FRN SOFR+57 08/13/2028 | 0.015953 | ✓ | | Truist Bank | 0.014975 | | | Federal National Mortgage Association Discount | 0.013554 | | | Australia & New Zealand Banking Group Ltd. | 0.012439 | ✓ | | ELI LILLY & CO FRN | 0.012285 | ✓ | | SANOFI SA | 0.011983 | | | TOYOTA MOTOR CREDIT CORP | 0.010010 | ✓ | | WILLIAMS COS INC | 0.010004 | | | MACQUARIE BANK LTD FRN SOFR+74 06/12/2028 144A | 0.009326 | | | SANOFI SA | 0.008957 | ✓ | | BLACKROCK FUND | 0.008801 | | | PEPSICO SINGAPORE FINANCING I PTE LTD FRN SOFRINDX+56 02/16/2027 | 0.008742 | ✓ | | ALLSTATE CORP | 0.008739 | | | KELLOGG CO | 0.008621 | | | TRUIST BANK FRN SOFR+77 07/24/2028 | 0.008589 | | | MasterCard Incorporated | 0.008509 | ✓ | | ORACLE CORP | 0.007943 | | | AMERICAN HONDA FIN. C FRN | 0.007881 | | | NATIONAL AUSTRALIA BANK LTD | 0.007854 | | | AIR LEASE CORP | 0.007705 | | | ELEVANCE HEALTH INC SR UNSECURED 03/26 1.5 | 0.007471 | | | ARTHUR J GALLAGH | 0.007382 | | | CITIGROUP INC FRN SOFR+87 03/04/2029 | 0.007354 | | | NATWEST MARKETS PLC SR UNSECURED 144A 05/27 VAR | 0.007350 | ✓ | | CNH INDUSTRIAL | 0.007335 | | | INTEL CORP SR UNSECURED 02/26 4.875 | 0.007279 | | | BANQUE FEDERATIVE DU CREDIT MUTUEL SA | 0.007182 | | | State Street Corporation | 0.007154 | | | JOHN DEERE CAPITAL CORP | 0.007152 | ✓ | | GLENCORE FUNDING LLC COMPANY GUAR 144A 10/26 VAR | 0.007150 | ✓ | | KEURIG DR PEPPER INC REGD V/R 4.63613700 | 0.007146 | ✓ | | TAKE-TWO INTERAC | 0.007146 | | | CANADIAN IMPERIAL BK OF COMM FRN SOFR+72 01/13/2028 | 0.007141 | ✓ | | MITSUBISHI UFJ TST. & FRN | 0.007138 | | | VERIZON COMM INC | 0.007053 | | | WALMART INC SR UNSECURED 04/27 VAR | 0.006809 | ✓ | | RIO TINTO FIN. USA PL FRN | 0.006762 | | | UNITEDHEALTH GRP. INC FRN | 0.006709 | ✓ | | VMWARE LLC | 0.006687 | | | Morgan Stanley Private Bank NA | 0.006636 | | | ORACLE CORP VARIABLE RATE 08/03/2028 | 0.006597 | ✓ | | JPMORGAN CHASE JPM Float 01/24/29 | 0.006514 | | | BARCLAYS PLC SR UNSECURED 03/28 VAR | 0.006484 | | | LLOYDS BK GR PLC | 0.006462 | | | Capital One Multi-Asset Execution Trust, Series 2024-A1, Class A | 0.006440 | | | GATX CORP | 0.006340 | | | MORGAN STANLEY B | 0.006260 | | ## Sources - N-PORT (fund A) — accession `0002071691-26-009291` (as of 2026-02-28) - N-PORT (fund B) — accession `0002071691-26-006228` (as of 2026-01-31) --- _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). 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