# Portfolio overlap — PBXIX vs FCVT Comparing **Rational/Pier 88 Convertible Securities Fund** (2026-03-31) and **First Trust SSI Strategic Convertible Securities ETF** (2026-04-30). - Shared positions: 15 - Rational/Pier 88 Convertible Securities Fund covered by First Trust SSI Strategic Convertible Securities ETF: 0.1360002161125743392481321883 - First Trust SSI Strategic Convertible Securities ETF covered by Rational/Pier 88 Convertible Securities Fund: 0.1360002161125743392481321882 ## Rational/Pier 88 Convertible Securities Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | FIRST AM-TR OB-X | 0.062540 | | | LNT 3 1/4 05/30/28 | 0.051532 | ✓ | | NEXTERA ENERGY INC PREFERRED STOCK 11/27 7.234 | 0.051469 | | | PPL Capital Funding, Inc., Convertible | 0.050929 | ✓ | | DLR 1.875 11/15/29 | 0.049061 | ✓ | | GPN 1.5 03/01/31 | 0.048810 | | | WEC ENERGY GROUP INC SR UNSECURED 06/29 4.375 | 0.047893 | | | UBER TECHNOLOGIES INC SR UNSECURED 12/28 0.875 | 0.047876 | ✓ | | ON Semiconductor Corporation, Convertible | 0.047412 | ✓ | | Bank of America Corp., Series L, Conv. Pfd. | 0.046737 | ✓ | | Wells Fargo & Co., Series L, Conv. Pfd. | 0.046159 | ✓ | | Etsy, Inc. 0.250%, Due 06/15/2028 | 0.045389 | | | MTH 1.75 05/15/28 | 0.042719 | | | KRG 0 3/4 04/01/27 | 0.033371 | | | Boeing Co. (The), Conv. Pfd. | 0.030781 | ✓ | | HPE 7 5/8 | 0.028246 | ✓ | | DraftKings Holdings, Inc., Convertible | 0.025353 | | | NET 0 06/15/30 | 0.024384 | ✓ | | WELLTOWER INC | 0.022548 | | | MICROCHIP TECHNOLOGY INC SER A 7.5% PC 03/15/2028 | 0.018881 | ✓ | | ITT INC | 0.018850 | | | DDOG 0 12/01/29 | 0.018277 | | | SOUTHERN CO/THE SR UNSECURED 06/27 4.5 | 0.015267 | | | HALOZYME THERAPEUTICS INC CONV 0.25% 03/01/2027 | 0.015009 | | | Microchip Technology Inc | 0.014929 | ✓ | | Shift4 Payments, LLC | 0.014603 | | | MEDTRONIC PLC | 0.014021 | | | KKR & Company, Inc., Convertible, 6.250% | 0.013682 | ✓ | | CHENIERE ENERGY INC | 0.012585 | | | Ares Management Corp., Series B, Conv. Pfd. | 0.012572 | ✓ | | Guardant Health, Inc. | 0.010263 | | | BLOOM ENERGY CORP CONV 0% 11/15/2030 144A | 0.007577 | ✓ | | DOVER CORP | 0.005384 | | | ATI INC | 0.004892 | | ## First Trust SSI Strategic Convertible Securities ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | WESTERN DIGITAL CORPORATION SR UNSEC CV 3.0% 11-15-28 | 0.045102 | | | Lumentum Holdings Inc., Conv. | 0.038626 | | | DREY-GVT CSH-I | 0.026453 | | | Boeing Co. (The), Conv. Pfd. | 0.023624 | ✓ | | Morgan Stanley Finance LLC | 0.020426 | | | ON Semiconductor Corporation, Convertible | 0.018523 | ✓ | | NextEra Energy Capital Holdings, Inc., Convertible | 0.017763 | | | LYV 2.875 01/15/30 | 0.017562 | | | Morgan Stanley Finance LLC | 0.016406 | | | BLOOM ENERGY CORP CONV 0% 11/15/2030 144A | 0.016384 | ✓ | | Wells Fargo & Co., Series L, Conv. Pfd. | 0.013349 | ✓ | | ALBEMARLE CORP PFD | 0.013005 | | | BABA 0.5 06/01/31 | 0.012487 | | | Nebius Group NV 1.0%, Due 09/15/2030 | 0.012230 | | | NBIS 1.25 03/15/31 | 0.012130 | | | WELLTOWER OP LLC CV 144A SR UNSEC 2.75% 05-15-28 | 0.011283 | | | MKS INC SR UNSECURED 06/30 1.25 | 0.011073 | | | Oracle Corp., Series D | 0.010756 | | | BTSG 6.75 02/01/27 | 0.010602 | | | STX 3.5 06/01/28 | 0.010399 | | | IREN LTD SR UNSECURED 144A 07/31 0.0000 | 0.010375 | | | MICROCHIP TECHNOLOGY INC SER A 7.5% PC 03/15/2028 | 0.009809 | ✓ | | JAZZ INVTS I LTD CONV 3.125% 09/15/2030 | 0.009614 | | | Bank of America Corp., Series L, Conv. Pfd. | 0.009489 | ✓ | | HPE 7 5/8 | 0.009398 | ✓ | | SNOWFLAKE INC CONV 0% 10/01/2027 | 0.008981 | | | RIVN 3.625 10/15/30 | 0.008809 | | | IONS 0 12/01/30 | 0.008783 | | | Akamai Technologies, Inc., Convertible | 0.008738 | | | AEIS 2.5 09/15/28 | 0.008724 | | | CRWV 1.75 12/01/31 | 0.008695 | | | The Southern Company | 0.008663 | | | GVA 3 1/4 06/15/30 | 0.008235 | | | WT 4.625 08/15/30 | 0.008211 | | | MTSI 0 12/15/29 | 0.008136 | | | BWX Technologies, Inc., Convertible | 0.008067 | | | SMTC 0 10/15/30 | 0.008026 | | | WEC Energy Group, Inc., Convertible | 0.008022 | | | Viavi Solutions, Inc., Convertible | 0.007773 | | | SOLARIS ENERGY INFRASTRUCTURE SR UNSECURED 10/31 0.25 | 0.007731 | | | UBER TECHNOLOGIES INC SR UNSECURED 12/28 0.875 | 0.007706 | ✓ | | NEBIUS GROUP NV CONV 2.75% 09/15/2032 144A | 0.007386 | | | UCTT 0 03/15/31 | 0.007323 | | | QXO INC PREFERRED STOCK 05/28 5.5 | 0.007311 | | | MPUS 3 03/01/30 | 0.007138 | | | LEU 0 08/15/32 | 0.006986 | | | PLANET LABS PBC CONV 0.5% 10/15/2030 144A | 0.006949 | | | ZTS 0.25 06/15/29 | 0.006691 | | | CORZ 0 06/15/31 | 0.006542 | | | DOCN 0 08/15/30 | 0.006449 | | ## Sources - N-PORT (fund A) — accession `0000910472-26-008455` (as of 2026-03-31) - N-PORT (fund B) — accession `0000940400-26-024899` (as of 2026-04-30) --- _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 _