# Portfolio overlap — S000016632 vs LSMSX Comparing **Western Asset New Jersey Municipals Fund** (2026-03-31) and **Western Asset SMASh Series TF Fund** (2026-02-27). - Shared positions: 15 - Western Asset New Jersey Municipals Fund covered by Western Asset SMASh Series TF Fund: 0.04618118709249670887923053105 - Western Asset SMASh Series TF Fund covered by Western Asset New Jersey Municipals Fund: 0.04618118709249670887923053104 ## Western Asset New Jersey Municipals Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | STATE OF NEW JERSEY 5.0% 06-15-42 | 0.049494 | | | TOBACCO SETTLEMENT FING CORP N TOBGEN 06/46 FIXED 5 | 0.042769 | ✓ | | NEW JERSEY ST ECON DEV AUTH MTR VEHCL SURCHARGE REVENUE | 0.042749 | | | New Jersey Turnpike Authority, Series 2017B | 0.039956 | | | NJ HLTH CARE FAC FIN | 0.037746 | | | PROVIDENT GROUP-MONTCLAIR PROPERTIES LLC AG 5.0% 06-01-42 | 0.033086 | | | NJ EDA SPL 5% 10/1/2047@ | 0.032457 | | | NJ TRANSP 4.25% 6/15/2044 | 0.032275 | | | PORT NY NJ 4% 9/1/43@ | 0.030112 | | | Tender Option Bond Trust Receipts/Certificates | 0.026724 | | | NJ TRANSPRTN-A-REF | 0.026328 | | | NJ HLT VR HSP CAP A | 0.024907 | | | STATE OF NEW JERSEY 5.0% 06-15-50 | 0.024456 | | | NJ HLTH CARE FACS-A | 0.023099 | | | NJ EDA SPL 5.625% 11/15/2030 AMT | 0.022316 | | | NJ TRANSPRTN-UNREFD | 0.021792 | | | NJ TPK AUTH-C-REF | 0.021022 | | | NEW JERSEY ST ECON DEV AUTH ECON DEV REVENUE | 0.018915 | | | NEW JERSEY ST EDUCTNL FACS AUTH REVENUE | 0.018045 | | | PREREF NEW JERSEY ST TRANSPRTN TRUST REGD B/E PREREFUNDED 12/15/32 @ 100 5.50000000 | 0.015293 | | | New Jersey Transportation Trust Fund Authority | 0.014279 | | | NJ TRANSPRTN TRUST-CC | 0.013742 | | | Middlesex (County of), NJ Improvement Authority (New Jersey Health + Life Science Exchange - H-1), Series 2023, RB | 0.013526 | | | NJ TRANSPRTN TRUST-AA | 0.013323 | ✓ | | NJ ST EDU AUT 5% 7/1/2045 | 0.013260 | | | UNITED AIRLINES INC 5.5% 06-01-33 | 0.013131 | | | NEW JERSEY ST ECON DEV AUTH NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY | 0.013109 | | | NJ HSG & MTGE FIN-K | 0.012821 | | | PROVIDENT GROUP-ROWAN PROPERTIES LLC 5.0% 01-01-48 | 0.012715 | | | PUERTO RICO SALES TAX FING COR REGD OID B/E 4.75000000 | 0.012683 | ✓ | | NJ TRANSPRTN TRUST-CC | 0.012078 | ✓ | | NJ STUD LOAN 5% 12/1/2027 | 0.011840 | | | NJ TRANS TR FD-A-BAM | 0.011825 | | | NJ ST HLTH-REF-A | 0.011663 | | | NJ ST ECON DEV AUTH | 0.011068 | | | NJ ST ECON DEV AUTH | 0.010986 | | | STATE OF NEW JERSEY 5.25% 06-15-39 | 0.010927 | | | New Jersey Health Care Facilities Financing Authority | 0.010487 | | | Gloucester County Improvement Authority/The | 0.010457 | | | Casino Reinvestment Development Authority Inc | 0.010426 | | | NJ EDA REV 5.125% 1/1/2039 AMT | 0.009988 | | | NJ EDA WTR 3.75% 06/1/2028 MT@ | 0.009869 | | | NJ EDU FASC-REF-A | 0.009401 | | | NJ HLT VAR HSP CAP B | 0.009176 | | | PORT NY NJ 4% 7/15/2045 @ | 0.009037 | ✓ | | Essex (County of), NJ Improvement Authority (CHF-Newark LLC-NJIT Student Housing), Series 2021 A, RB | 0.009008 | | | NJ ECON DEV AUTH-A | 0.008620 | | | DEL RIV PORT 5% 1/1/2037 | 0.008224 | | | Passaic (County of), NJ Improvement Authority (The) (Paterson Arts & Science Charter School), Series 2023, RB | 0.006586 | | | Essex County Improvement Authority | 0.006241 | | ## Western Asset SMASh Series TF Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | NYC-D4-ADJ | 0.036862 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB | 0.023821 | | | ILLINOIS ST FIN AUTH REVENUE | 0.023551 | | | STATE OF NEW JERSEY NATL 0.0% 12-15-31 | 0.021980 | | | NYC MUNI WTR FIN-BB | 0.021802 | | | CALIFORNIA COMMUNITY VAR | 0.019613 | | | MET NASHVILLE TN ARPT AUTH ARPT REVENUE | 0.016061 | | | PENNSYLVANIA ST ECON DEV FING REGD OID B/E AMT 5.25000000 | 0.014067 | | | State of Illinois | 0.013779 | | | NOVANT HEALTH OBLIGATED GROUP 5.0% 12-01-35 | 0.011782 | | | Energy Southeast A Cooperative District, Series B-1 | 0.011553 | | | CTR PLN ENG GAS 5% 9/1/2033 | 0.011518 | | | CTR TX RMA 4% 1/1/2051 | 0.011517 | | | CHICAGO IL BRD OF EDU CHIEDU 12/40 FIXED 5 | 0.011384 | | | Public Energy Auth. of Kentucky Gas Supply Rev. Refg. C | 0.011265 | | | OR FACS AUTH-B-REF | 0.011263 | | | IL CHI 5.5 01/01/2039 | 0.011056 | | | New York State Urban Development Corp. (Bidding Group 3), Series 2023 A, RB | 0.010824 | | | NY NYCUTL 5.25 06/15/2052 | 0.010818 | | | NY TRANSPRTN DEV CORP | 0.010749 | | | Chandler Industrial Development Authority | 0.010445 | | | NOVANT HEALTH OBLIGATED GROUP 5.0% 06-01-55 | 0.010268 | | | PUERTO RICO SALES TAX FING COR REGD OID B/E 4.75000000 | 0.009985 | ✓ | | PORT NY NJ 4% 7/15/2045 @ | 0.009936 | ✓ | | NY MTA DED 4% 11/15/2054 | 0.009504 | | | INDIANA ST FIN AUTH HLTH SYS R INSMED 12/49 FIXED 4 | 0.009484 | | | NYC GO 23A-4 Q=TD V1 | 0.009216 | | | CALIFORNIA COMMUNITY VAR | 0.009145 | | | NY TRANSPRTN DEV -AMT | 0.008573 | | | CHICAGO IL BRD OF EDU REGD B/E 5.00000000 | 0.008279 | | | Black Belt Energy Gas District (The) (Gas), Series 2022 F, RB | 0.008194 | | | CHICAGO IL BRD OF EDU DEDICATE REGD B/E 5.75000000 | 0.008179 | | | Jefferson (County of), AL, Series 2024, Ref. Revenue Wts. | 0.008148 | | | California Community Choice Financing Authority, Series 2025G | 0.008080 | | | Chandler Industrial Development Authority, Series 2019 | 0.007903 | | | RESTRUCTURED-SER A1 | 0.007798 | ✓ | | NY TRANS CORP 5% 6/30/2049 @ | 0.007769 | | | NY TRANS CORP 5% 7/1/46 @ | 0.007683 | | | NY TRANSPRTN DEV -AMT | 0.007675 | | | ELGIN TX ISD 4% 8/1/2049 | 0.007304 | | | WV HOSP FIN AUTH-C | 0.007168 | | | Van Alstyne Independent School District | 0.007113 | | | New York City Housing Development Corp | 0.006740 | | | St. John the Baptist (Parish of), LA (Marathon Oil Corp.), Series 2017, Ref. RB | 0.006252 | | | Oneida County Local Development Corp., Series A | 0.005978 | | | LONGVIEW TX ISD 4% 2/15/2049 | 0.005852 | | | DENVER CO ARPT 5% 11/15/2032 @ | 0.005827 | | | Black Belt Energy Gas District, Series D | 0.005689 | | | MTRO WA DC ARPT 5% 10/1/2030 @ | 0.005676 | | | SALT VERDE FINL CORP GAS REV ARIZ SR | 0.005614 | | ## Sources - N-PORT (fund A) — accession `0000940400-26-020749` (as of 2026-03-31) - N-PORT (fund B) — accession `0000940400-26-014628` (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. 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