# Portfolio overlap — SCMAX vs FDMMX Comparing **DWS Massachusetts Tax-Free Fund** (2026-03-31) and **Fidelity Massachusetts Municipal Income Fund** (2026-01-31). - Shared positions: 23 - DWS Massachusetts Tax-Free Fund covered by Fidelity Massachusetts Municipal Income Fund: 0.05084347073515892030151961354 - Fidelity Massachusetts Municipal Income Fund covered by DWS Massachusetts Tax-Free Fund: 0.05084347073515892030151961353 ## DWS Massachusetts Tax-Free Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | MA WTR RES REF-BEN-B | 0.031574 | | | MASSACHUSETTS ST PORT AUTH | 0.028529 | ✓ | | MA ST TRANS REV 5% 6/1/55 | 0.028154 | | | MA ST 5% 7/1/2048 | 0.027922 | ✓ | | MASSACHUSETTS ST BAY TRANSPRTN AUTH SALES TAX REVENUE | 0.027501 | | | MA ST-A | 0.026914 | | | MASSACHUSETTS ST WTR POLL ABATEMENT TRUST | 0.024684 | | | MASSACHUSETTS ST PORT AUTH SPL FACS REVENUE | 0.020227 | ✓ | | ATTLEBORO MA | 0.019848 | | | MASSACHUSETTS ST DEV FIN AGY REVENUE | 0.019278 | | | MASSACHUSETTS ST PORT AUTH | 0.019081 | | | UNIV OF MASSACHUSETTS MA BLDG AUTH REVENUE | 0.016726 | | | MASSACHUSETTS DEV FIN AGY NATIONAL CHRT SCH REVOLVING LOAN F | 0.016529 | | | MASSACHUSETTS ST EDUCTNL FING REGD N/C B/E AMT 5.00000000 | 0.015914 | ✓ | | MASSACHUSETTS ST PORT AUTH SPL FACS REVENUE | 0.015649 | ✓ | | MASS DEVEL FIN 4% 7/1/2046 | 0.015249 | ✓ | | MA ST 5.25% 10/1/2047 | 0.014340 | ✓ | | MASSACHUSETTS ST PORT AUTH | 0.014173 | ✓ | | MASSACHUSETTS ST HLTH & EDUCTN REGD V/R B/E 2.81000000 | 0.014156 | | | SALEM COMMUNITY CORP OBLIGATED GROUP 5.25% 01-01-50 | 0.013421 | | | MASSACHUSETTS ST WTR RESOURCES AUTH | 0.012503 | | | MASSACHUSETTS ST HSG FIN AGY HSG REVENUE | 0.012475 | | | MASS DEVEL FIN 4% 7/1/2050 | 0.012159 | ✓ | | WORCESTER MA | 0.012030 | | | MASSACHUSETTS ST TRANSPRTN FUND REVENUE | 0.012008 | | | MASSACHUSETTS ST DEV FIN AGY REVENUE | 0.011881 | | | CAMBRIDGE MA | 0.011813 | | | MASSACHUSETTS ST DEV FIN AGY REVENUE | 0.011364 | | | MASSACHUSETTS ST DEV FIN AGY R REGD B/E 5.00000000 | 0.011309 | | | MASSACHUSETTS ST DEV FIN AGY REVENUE | 0.011251 | | | MASSACHUSETTS ST | 0.011226 | | | MA ST EDU FIN AUTH-B | 0.011184 | | | MA ST DFA 5% 10/1/37 | 0.010950 | ✓ | | MASSACHUSETTS ST DEV FIN AGY REVENUE | 0.010472 | | | NEWBRIDGE ON THE CHARLES INC OBLIGATED GROUP 5.0% 10-01-57 | 0.010294 | | | MASSACHUSETTS ST EDUCTNL FING MASSACHUSETTS EDUCATIONAL FINANCING AUTHORITY | 0.009861 | ✓ | | MASSACHUSETTS ST DEV FIN AGY REVENUE | 0.009585 | | | MASSACHUSETTS ST HLTH & EDUCTNL FACS AUTH REVENUE | 0.009532 | | | MBTA SLS TAX 5.25% 7/1/2054 | 0.009493 | | | MASSACHUSETTS ST DEV FIN AGY R REGD B/E AG 5.50000000 | 0.008762 | | | MASSACHUSETTS ST DEV FIN AGY REVENUE | 0.008489 | | | MASSACHUSETTS ST HSG FIN AGY HSG REVENUE | 0.008442 | | | MASSACHUSETTS ST-B | 0.008392 | | | MA ST DEV FIN AGY-A-2 | 0.008331 | | | RESTRUCTURED-SER A1 | 0.008294 | | | MA ST TRANS REV 5% 6/1/48 | 0.008278 | | | MA ST 3% 4/1/2048 | 0.008238 | ✓ | | MA H/E VAR-R-HARVARD | 0.008167 | | | MASSACHUSETTS ST SCH BLDG AUTH SALES TAX REVENUE | 0.007954 | ✓ | | MASS DEVEL FIN 5% 7/1/2044 | 0.007919 | | ## Fidelity Massachusetts Municipal Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | Fidelity Municipal Cash Central Fund | 0.079842 | | | MA ST 5% 9/1/2049 | 0.028784 | | | COMMONWLTH OF 5% 12/1/2037 | 0.021950 | | | MA ST 5% 11/1/52 | 0.018613 | | | MA TPK CAB-SR-SER A | 0.017206 | | | MA ST 3% 2/1/2048 | 0.016395 | | | MA ST 5% 11/1/2050 | 0.013400 | | | MA ST 5.25% 1/1/2033 | 0.012712 | | | COMMONWLTH OF 5% 12/1/2036 | 0.012385 | | | MA ST TRANS REV 5% 6/1/2053 | 0.011743 | | | MA ST SPL OB DE 5.50% NATL/FGIC 1/1/2030 | 0.010591 | | | MASSACHUSETTS ST SPL OBLIG DEDICATED TAX REV FGIC | 0.009685 | | | MASSACHUSETTS ST SCH BLDG AUTH SALES TAX REVENUE | 0.009473 | | | MA ST 3% 4/1/2048 | 0.009206 | ✓ | | MA ST HSG FIN AGY-C2 | 0.009097 | | | MASSACHUSETTS ST PORT AUTH REGD B/E AMT 5.00000000 | 0.009083 | | | MA ST TRANS REV 5% 6/1/2044 | 0.009077 | | | MA ST TRANS REV 5% 6/1/2042 | 0.009044 | | | MA ST TRANS REV 5.25% 6/1/2043 | 0.008430 | | | MASS DFA SOUTHCST HLTH 4% 7/43 | 0.008237 | | | BOSTON MA 5% 2/1/2039 | 0.008073 | | | MA CL WTR TR 5% 2/1/2039 | 0.007860 | | | MASSACHUSETTS ST DEV FIN AGY REVENUE | 0.007613 | | | MA TPK CAB-SR-SER A | 0.006754 | | | MASSACHUSETTS ST SCH BLDG AUTH SALES TAX REVENUE | 0.006622 | | | MA PORT 5% 7/1/2038@ | 0.006586 | | | MA ST 5% 7/1/2048 | 0.006340 | ✓ | | MBTA SLS TAX 5.25% 7/1/2052 | 0.006235 | | | MASS DEV FIN AGY-K | 0.006113 | | | MA ED LN AUTH 5% 7/1/2030 @ | 0.005937 | | | MA ST 5% 1/1/2037 | 0.005915 | | | MA DFA 5% 4/1/2033 | 0.005862 | | | MA ED LN AUTH 5% 7/1/2027 @ | 0.005858 | | | MASSACHUSETTS ST SCH BLDG AUTH SALES TAX REVENUE | 0.005812 | ✓ | | MA ST 3% 4/1/2049 | 0.005689 | | | MA ST 5% 1/1/2049 | 0.005683 | | | MA ST HSG FIN A 3.15% 6/1/2030 | 0.005618 | | | Massachusetts (Commonwealth of), Series 2024, GO Bonds | 0.005130 | | | MA ST TRANS REV 5% 6/1/2041 | 0.004883 | | | MASSACHUSETTS ST PORT AUTH SPL FACS REVENUE | 0.004872 | ✓ | | MA ST 5% 11/1/2043 | 0.004847 | | | Massachusetts Development Finance Agency, Series 2024 U-1 | 0.004738 | | | MBTA SLS TAX 5.25% 7/1/2053 | 0.004698 | | | MA ST TRANS REV 5% 6/1/2047 | 0.004669 | | | MA WTR 5% 8/1/42 | 0.004396 | | | MASSACHUSETTS ST DEV FIN AGY REVENUE | 0.004388 | | | MA ST TRANS REV 5% 6/1/2048 | 0.004276 | | | MBTA SLS TAX 0% 7/1/2032 | 0.004257 | | | MA CL WTR TR 5% 2/1/2037 | 0.004246 | | | MASS DEVEL FIN 4% 7/1/2040 | 0.004158 | | ## Sources - N-PORT (fund A) — accession `0001410368-26-055425` (as of 2026-03-31) - N-PORT (fund B) — accession `0000035402-26-002005` (as of 2026-01-31) --- _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 _