# Portfolio overlap — KCTAX vs PCTIX Comparing **DWS California Tax-Free Income Fund** (2026-02-28) and **PIMCO California Municipal Bond Fund** (2026-03-31). - Shared positions: 10 - DWS California Tax-Free Income Fund covered by PIMCO California Municipal Bond Fund: 0.04910775237320370266862285914 - PIMCO California Municipal Bond Fund covered by DWS California Tax-Free Income Fund: 0.04910775237320370266862285914 ## DWS California Tax-Free Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | M-S-R Energy Authority, California, Gas Revenue Bonds, Citigroup Prepay Contracts, Series 2009A | 0.025494 | | | FHLMC Multifamily VRD Certificates | 0.022243 | | | California Community Choice Financing Authority, Series B-1 | 0.017601 | | | CALIFORNIA ST ENTERPRISE DEV AUTH REVENUE | 0.017323 | | | Manteca Unified School District (Election of 2020), Series 2025, GO Bonds | 0.016534 | | | Los Angeles County Public Works Financing Authority, Series 2025, RB | 0.016378 | | | SAN FRANCISCO W 5.25% 11/1/2055 | 0.016370 | | | San Diego Public Facilities Financing Authority, Series 2025, RB | 0.016282 | | | STATE OF CALIFORNIA 5.0% 11-01-50 | 0.016177 | | | IRVINE CMNTY FACS DT | 0.016136 | ✓ | | SAN JOSE FINANCING AUTHORITY SJSUTL 11/52 FIXED 5 | 0.015942 | | | COLTON JOINT USD-A | 0.015910 | | | UNIV OF CALIFORNIA REVENUES | 0.013838 | | | STATE OF CALIFORNIA | 0.013415 | | | San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Second Series 2023 C, Ref. RB | 0.013101 | | | RB (Sharp Healthcare) Series 2024E | 0.013086 | ✓ | | RIVERSIDE CNTY CA TRANSPRTN COMMISSION TOLL REVENUE | 0.013079 | | | San Francisco City & County Redevelopment Agency Successor Agency, Series 2017 B | 0.012236 | | | San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Second Series 2018 D, RB | 0.011260 | | | PAJARO VLY CA UNIF SCH DIST | 0.011255 | | | MORENO VLY UNIF SD-D | 0.011151 | | | CA STWD 4% 4/1/2046 | 0.010466 | | | STHRN CA PUB PWR AUTH | 0.010387 | | | CA ST MFA MHSG 4% 11/1/2036 | 0.010383 | ✓ | | CSCDA Community Improvement Authority, Series 2020 A | 0.010176 | | | CA MUNI FIN AUTH | 0.009748 | | | San Francisco City & County Airport Comm-San Francisco International Airport, Series 2025D | 0.009718 | | | HAYWARD USD-A | 0.009712 | | | CALIFORNIA ST MUNI FIN AUTH REVENUE | 0.009467 | | | CEDARS-SINAI MEDICAL CENTER OBLIGATED GROUP 3.0% 08-15-51 | 0.009317 | | | EL MONTE CA CITY SCH DIST | 0.009164 | | | IRVINE UNIFIED SCHOOL DISTRICT | 0.009143 | | | CALIFORNIA ST MUNI FIN AUTH SPL TAX REVENUE | 0.009104 | | | GOLDEN ST TOBACCO SECURITIZATI REGD B/E 5.00000000 | 0.008989 | ✓ | | PUERTO RICO SALES TAX FING COR REGD OID B/E 4.75000000 | 0.008932 | | | CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.008769 | ✓ | | DOWNEY UNIF SD -A | 0.008683 | | | MODESTO CA IRR DIST FING AUTH ELEC SYS REVENUE | 0.008473 | | | CALIFORNIA ST MUNI FIN AUTH REVENUE | 0.008375 | | | FREDDIE MAC MULTIFAMILY ML CERTIFICATES SER 2019-ML05 CL ACA 3.35000000 | 0.008281 | | | Rio Hondo Community College District (Election of 2024), Series 2025, GO Bonds | 0.008136 | | | SACRAMENTO CNTY CA SPL TAX | 0.008135 | | | California County Tobacco Securitization Agency | 0.008016 | | | IRVINE CA IMPT BOND ACT 1915 | 0.007764 | | | FOOTHILL ESTRN TRANSPRTN CORRIDOR AGY CA TOLL ROAD REVENUE | 0.007564 | | | MORELAND SD-REF-B | 0.007084 | | | CALIFORNIA COMMUNITY VAR | 0.006717 | | | ANTELOPE VLY CCD-REF | 0.006636 | | | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE | 0.006440 | | | SANTA MONICA REDEVELOPMENT AGENCY SUCCESSOR AGY EARTHQUAKE RECOVERY REDEV PROJ 5.875% 07-01-36 | 0.006411 | | ## PIMCO California Municipal Bond Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | PIMCO PRV SHORT TERM FLT III MUTUAL FUND | 0.067022 | | | US TREASURY N/B | 0.025210 | | | US TREASURY N/B | 0.020213 | | | Bay Area Toll Authority, Series 2023 A, VRD Ref. RB | 0.015485 | ✓ | | US TREASURY N/B | 0.013358 | | | CALIFORNIA ST | 0.012438 | | | CA ST UNIV-A-REF | 0.011452 | | | CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.011167 | ✓ | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB | 0.010365 | | | RB (Sharp Healthcare) Series 2024E | 0.010128 | ✓ | | US TREASURY N/B | 0.009901 | | | University of California, Series 2026, RB | 0.009787 | | | Eastern Municipal Water District, Series A | 0.009382 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB | 0.009375 | ✓ | | CA PUB FIN AUTH-B1 | 0.008955 | | | GOLDEN ST TOBACCO SECURITIZATI REGD B/E 5.00000000 | 0.008882 | ✓ | | CALIFORNIA ST ENTERPRISE DEV A CASDEV 06/49 FIXED 5 | 0.008645 | | | CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.007832 | | | PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000 | 0.007696 | | | FHLMC TEL-WE6064 | 0.007459 | | | ANTELOPE VLY CA UNION HIGH SCH DIST | 0.007399 | | | CLOVIS USD-A | 0.007382 | | | CALIFORNIA COMMUNITY VAR | 0.007179 | | | CALIFORNIA HSG FIN AGY LTD OBLIG MF HSG REVENUE | 0.007129 | | | ANAHEIM CA UNION HIGH SCH DIST ANASCD 08/47 FIXED OID 4.375 | 0.007124 | | | STATE OF CALIFORNIA 5.0% 03-01-49 | 0.007108 | | | RESTRUCTURED-SER A1 | 0.006997 | ✓ | | SAN FRANCISCO CA BAY AREA RAPI SFOTRN 08/42 FIXED 5 | 0.006984 | | | FR WE6121 | 0.006908 | | | CA MUNI FIN AUTH-A-1 | 0.006785 | | | DUBLIN USD-B | 0.006752 | | | CALIFORNIA ST MUNI FIN AUTH SP CASGEN 09/55 FIXED OID 5.375 | 0.006662 | | | Los Angeles (City of), CA, Series 2025, RB | 0.006493 | | | IRVINE CMNTY FACS DT | 0.006485 | ✓ | | E BAY MUD-B-REV-REF | 0.006430 | | | IRVINE CA IMPT BOND ACT 1915 IRVGEN 09/29 ADJUSTABLE VAR | 0.006219 | | | UNIV OF CALIFORNIA CA REVENUES UNVHGR 05/39 FIXED 5 | 0.006144 | | | Anaheim Housing & Public Improvements Authority, Series 2024-A | 0.006121 | | | San Mateo County Transit District, Series B | 0.005952 | | | San Francisco City & County Airport Comm-San Francisco International Airport | 0.005921 | | | CA ST PUB WKS-C | 0.005778 | | | California Community Choice Financing Authority, Series F | 0.005733 | | | California Statewide Communities Development Authority, Series 2025 C-2 | 0.005700 | | | UNIV OF CALIFORNIA CA RGTS MED UNVHGR 05/45 ADJUSTABLE VAR | 0.005686 | | | CA ST PUB WKS BRD-A | 0.005674 | | | Citrus Community College District, Series 2024B | 0.005604 | | | Goleta Union School District (Election of 2020), Series 2024 C, GO Bonds | 0.005581 | | | SAN DIEGO COUNTY REGIONAL AIRP SDGAPT 07/56 FIXED 5 | 0.005518 | | | PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000 | 0.005465 | | | SAN FRANCISCO CITY CNTY CA M SFOMFH 02/46 FIXED 5 | 0.005461 | | ## Sources - N-PORT (fund A) — accession `0001410368-26-040961` (as of 2026-02-28) - N-PORT (fund B) — accession `0001099263-26-007230` (as of 2026-03-31) --- _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). 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 _