# Portfolio overlap — PMIO vs PBCAX Comparing **PGIM Municipal Income Opportunities ETF** (2026-02-27) and **PGIM California Muni Income Fund** (2026-02-27). - Shared positions: 3 - PGIM Municipal Income Opportunities ETF covered by PGIM California Muni Income Fund: 0.05120282590034858709253842151 - PGIM California Muni Income Fund covered by PGIM Municipal Income Opportunities ETF: 0.05120282590034858709253842151 ## 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 | | ## PGIM California Muni Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | (PIPA070) PGIM Core Government Money Market Fund | 0.038692 | ✓ | | State of California, Series 2024, GO Bonds | 0.013956 | | | CALIFORNIA COMMUNITY VAR | 0.013754 | | | LONG BEACH CALIF BD FIN AUTH NAT GAS PUR REV SER A | 0.011517 | | | California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 C, RB | 0.011475 | | | CA STWD CMNTYS DEV-B | 0.009551 | | | UNIV OF CALIFORNIA CA REVENUES | 0.009485 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2023, RB | 0.009113 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB | 0.008859 | | | California Infrastructure & Economic Development Bank | 0.008728 | | | CALIFORNIA COMMUNITY VAR | 0.008684 | | | California (State of) Housing Finance Agency, Series 2021-1A, Revenue Ctfs. | 0.008495 | | | CA STWD CMNTYS-A | 0.008314 | | | California (State of) Housing Finance Agency, Series 2019 A-2, RB | 0.008285 | | | California Community Choice Financing Authority, Series F | 0.008274 | | | CALIFORNIA ST MUNI FIN AUTH MF REGD B/E FHLMC C 3.75000000 | 0.008227 | | | CA ST PUB WKS-C-REF | 0.008046 | | | CALIFORNIA COMMUNITY VAR | 0.008016 | | | San Diego County Regional Airport Authority | 0.007824 | | | LOS ANGELES DEPT-B | 0.007671 | | | City of Santa Clara CA Electric Revenue | 0.007609 | | | KAISER FOUNDATION HOSPITALS (MPT) 5.0% 06-01-41 | 0.007540 | | | PROVIDENCE ST JOSEPH HEALTH OBLIGATED GROUP (MPT) 5.0% 10-01-39 | 0.007380 | | | CA OXNSCD 0 02/01/2031 | 0.006996 | | | UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.25000000 | 0.006796 | | | STHRN CA PUB PWR-B | 0.006772 | | | STATE OF CALIFORNIA | 0.006766 | | | CA CASGEN 4.05 07/20/2041 | 0.006764 | | | DESERTXPRESS ENTERPRISES LLC (MPT) 3.5% 01-01-65 | 0.006692 | ✓ | | State of California | 0.006592 | | | California Community Choice Financing Authority, Series 2026 A-1 | 0.006581 | | | PORT OF OAKLAND CA REGD N/C B/E AMT 5.00000000 | 0.006558 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2022 A-1, RB | 0.006525 | | | UNITED AIRLINES INC 4.0% 07-15-29 | 0.006462 | | | University of California | 0.006397 | | | Port of Los Angeles 5.00% 08/01/2035 | 0.006252 | | | UNIV OF CALIFORNIA CA | 0.006169 | | | California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 D, RB | 0.006126 | | | Vernon (City of), CA, Series 2021 A, RB | 0.006032 | | | STHRN CA PUB PWR-A | 0.006021 | | | CALIFORNIA ST MUNI FIN AUTH MU CASMFH 02/41 ADJUST OID VAR | 0.005981 | | | CALIFORNIA COMMUNITY VAR | 0.005971 | | | CA CCEDEV 5 03/01/2036 | 0.005820 | ✓ | | Orange (County of), CA Community Facilities District No. 2015-1 (Esencia Village), Series 2015 A, RB | 0.005760 | | | California (State of) Health Facilities Financing Authority (Sutter Health), Series 2018 A, RB | 0.005754 | | | CA STWD CMNTYS-H | 0.005749 | | | State of California | 0.005746 | | | University of California, Series 2026 CE | 0.005735 | | | CALIFORNIA ST-A-REF | 0.005671 | | | State of California | 0.005665 | | ## Sources - N-PORT (fund A) — accession `0000940400-26-014279` (as of 2026-02-27) - N-PORT (fund B) — accession `0000940400-26-014268` (as of 2026-02-27) --- _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 _