# Portfolio overlap — MFSM vs PMIO

Comparing **MFS Active Intermediate Muni Bond ETF** (2026-02-28) and **PGIM Municipal Income Opportunities ETF** (2026-02-27).

- Shared positions: 10
- MFS Active Intermediate Muni Bond ETF covered by PGIM Municipal Income Opportunities ETF: 0.04667547203009226445488645128
- PGIM Municipal Income Opportunities ETF covered by MFS Active Intermediate Muni Bond ETF: 0.04667547203009226445488645129

## MFS Active Intermediate Muni Bond ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| State Street Navigator Securities Lending Portfolio II | 0.045551 |  |
| ISHARES NATIONAL MUNI BOND ETF ISHARES NATIONAL MUNI BOND E | 0.040076 | ✓ |
| VANGUARD TAX-EXM | 0.040075 |  |
| PASCO CNTY FL SOL WST DISP & RESOURCE RECOVERY SYS | 0.010216 |  |
| Kentucky Bond Development Corp., Series A | 0.007834 |  |
| CHERRY CREEK SD#5 | 0.007831 |  |
| GTR ASHEVILLE REGL ARPT AUTH N REGD B/E AMT AG 5.25000000 | 0.007479 |  |
| California Community Choice Financing Authority, Series F | 0.007466 |  |
| PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE | 0.007465 |  |
| PENNSYLVANIA ST ECON DEV FING REGD B/E AMT AG 5.50000000 | 0.007420 |  |
| State of Minnesota 4.00% 08/01/2041 | 0.007070 |  |
| NORTH ALLEGHENY PA SC | 0.007038 |  |
| NYC HSG DEV CORP-F-2 | 0.006882 |  |
| SANTA NM 3.29% 12/10/2049 MT | 0.006862 |  |
| PENNSYLVANIA ST ECON DEV FING REGD B/E AMT 5.00000000 | 0.006835 |  |
| CALIFORNIA COMMUNITY VAR | 0.006641 |  |
| BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE | 0.006382 |  |
| Fulton (County of), GA Development Authority (Georgia Institute of Technology), Series 2019, RB | 0.006089 |  |
| HOUSTON TX ARPT SYS REVENUE REGD B/E AMT 5.25000000 | 0.006041 |  |
| Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2025B | 0.005363 | ✓ |
| PROVIDENCE RI PUBLIC BLDGS AUTH REVENUE | 0.005240 |  |
| ROCKLAND CNTY NY SOL WST MGMT AUTH | 0.005189 |  |
| MAIN STR NAT GA 5% MT | 0.005152 |  |
| Los Angeles (City of), CA Department of Airports (Los Angeles International Airport), Series 2018 A, RB | 0.004970 |  |
| N ORLEANS AVIAT 5% 1/1/2036@ | 0.004899 |  |
| METROHEALTH SYSTEM 5.5% 02-15-52 | 0.004713 |  |
| COOK CNTY IL CMNTY SCH DIST #152 1/2 HAZEL CREST | 0.004684 |  |
| Omaha Airport Authority | 0.004586 |  |
| PUBLIC FIN AUTH WI REVENUE | 0.004585 |  |
| STHRN ILLINOIS ST UNIV | 0.004540 |  |
| CENTRL TX REGL MOBILITY AUTH REVENUE | 0.004534 |  |
| PUERTO RICO ELEC PWR AUTH PWRREVENUE | 0.004519 |  |
| Miami County Unified School District No 367 Osawatomie     5.250%  09/01/2042 | 0.004467 |  |
| CHESAPEAKE VA HOSP AUTH HOSP FAC REVENUE | 0.004423 |  |
| PK CREEK MET DIST-REF | 0.004367 |  |
| LAWTON OK INDL DEV AUTH SALES TAX REVENUE | 0.004364 |  |
| RAMPART RANGE CO MET DIST #1 LIMITED TAX SUPPORTED & SPL REV | 0.004322 |  |
| MASSACHUSETTS ST EDUCTNL FING AUTH | 0.004313 |  |
| PENNSYLVANIA ST ECON DEV FING PASMED 03/60 ADJUSTABLE VAR | 0.004228 |  |
| GRAND PKWY TRANSPRTN | 0.004218 |  |
| RESTRUCTURED-SER A1 | 0.004176 |  |
| MAINE HLTH & HGR EDUCTNL FACS AUTH REVENUE | 0.004113 |  |
| COMMERCE SCHOOL DISTRICT | 0.004082 |  |
| UT SALAPT 5 07/01/2042 | 0.004077 |  |
| METROCARE SERVICES TX REVENUE | 0.004040 |  |
| GRAND RIVER CO HOSP DIST | 0.004012 |  |
| New York Transportation Development Corp., Series 2025 | 0.003942 |  |
| SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE | 0.003893 |  |
| WYOMING MI PUBLIC SCHS | 0.003856 |  |
| MASSACHUSET REV 5% 7/1/2041 | 0.003846 |  |

## PGIM Municipal Income Opportunities ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| (PIPA070) PGIM Core Government Money Market Fund | 0.053332 |  |
| ILL ST TOLL 5% 1/1/45 | 0.027018 |  |
| Wisconsin (State of) Public Finance Authority (Aurora Integrated Oncology Foundation), Series 2023, RB | 0.025930 |  |
| Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2024A-1 | 0.025363 |  |
| Black Belt Energy Gas District, Series D-1 | 0.024719 |  |
| UT CNTY UT HOSP 0% 5/15/2043 | 0.024459 |  |
| ISHARES NATIONAL MUNI BOND ETF ISHARES NATIONAL MUNI BOND E | 0.024331 | ✓ |
| NH NFADEV 01/20/2041 | 0.023152 | ✓ |
| Wisconsin (State of) Public Finance Authority (KU Campus Development Corp. -Central District Development), Series 2016, RB | 0.023108 |  |
| NH NFADEV 11/20/2042 | 0.023088 |  |
| NY LIBERTY DEV CORP | 0.022928 |  |
| District of Columbia, Series D | 0.022599 |  |
| New Hampshire (State of) Business Finance Authority (Social Certificates), Series 2024-1A, RB | 0.021344 |  |
| PUBLIC FIN AUTH WI SPL REVENUE | 0.020826 |  |
| VLG FL CDD #13 SPL ASSMNT REVE REGD B/E 3.25000000 | 0.020733 |  |
| Public Energy Auth. of Kentucky Gas Supply Rev. Refg. C | 0.019053 |  |
| PUBLIC FIN AUTH WI REVENUE REGD V/R OID B/E 4.00000000 | 0.018597 |  |
| OHIO VALLEY ELECTRIC CORP 3.875% 01-01-36 | 0.015781 |  |
| PUBLIC FIN AUTH WI SPL REVENUE REGD B/E 5.37500000 | 0.015566 |  |
| PORT OF PORTLAND OR ARPT REVEN REGD B/E AMT 5.00000000 | 0.015205 |  |
| MAIN STR NAT GA 5% 5/1/2055 MT | 0.015176 | ✓ |
| CHICAGO IL BRD OF EDU | 0.014495 |  |
| SOUTHEAST ENERGY-D | 0.014281 |  |
| OT FEDMFH 10/25/2040 | 0.013579 |  |
| WI WIS 5 05/01/2035 | 0.013270 |  |
| EDUCATIONAL GROWTH FUND LLC 0.0% 07-01-61 | 0.013104 |  |
| WEYERHAEUSER CO (MPT) 3.875% 10-15-65 | 0.012915 | ✓ |
| Chicago O'Hare International Airport | 0.012877 |  |
| CA CCEDEV 5 03/01/2036 | 0.012561 | ✓ |
| Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2025B | 0.012299 | ✓ |
| GFL SOLID WASTE SOUTHEAST LLC (MPT) 4.375% 10-01-54 | 0.011818 |  |
| ST JAMES PARISH | 0.011708 |  |
| MAIN STR NAT GA 0% 8/1/2052 | 0.011705 |  |
| TOBACCO SETTLEMENT FING CORP NJ | 0.011683 |  |
| TX EPFHSG 4 01/01/2037 | 0.011590 |  |
| PENNSYLVANIA ST ECON DEV FING PASDEV 08/37 ADJUSTABLE VAR | 0.011582 |  |
| WI PUBGEN 06/15/2063 | 0.011548 |  |
| Public Finance Authority | 0.011547 |  |
| Wisconsin (State of) Public Finance Authority (Rans-Elevon), Series 2024, RB | 0.010922 |  |
| PENNSYLVANIA HIGHER EDUCATION ASSISTANCE AGENCY | 0.009669 |  |
| MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE | 0.009564 |  |
| New Hampshire Business Finance Authority, Series 2024 | 0.009241 |  |
| MI FIN AUTH-B-2-REF | 0.008972 |  |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth | 0.008920 |  |
| WI PUBHSG 01/20/2041 | 0.008607 |  |
| MAIN STR NAT GA(RCC) 5% 9/1/30MT 53 | 0.008199 |  |
| New Hope Cultural Education Facilities Finance Corporation, Texas, Senior Living Revenue Bonds, Sanctuary LTC LLC Project, Series 2021A-1 | 0.008174 |  |
| NY TRANS CORP 5% 1/1/2029 @ | 0.008154 | ✓ |
| TARRANT TX EDFC 5% 11/15/2051 MT | 0.008060 |  |
| Wayne County Airport Authority, Series 2025 B | 0.007941 |  |


## Sources

- N-PORT (fund A) — accession `0001410368-26-040051` (as of 2026-02-28)
  <https://www.sec.gov/Archives/edgar/data/2018846/000141036826040051/0001410368-26-040051-index.htm>
- N-PORT (fund B) — accession `0000940400-26-014279` (as of 2026-02-27)
  <https://www.sec.gov/Archives/edgar/data/1727074/000094040026014279/0000940400-26-014279-index.htm>

---

_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 <https://fundwatcher.app/terms/>_
