# Portfolio overlap — SFTEX vs MMIT Comparing **American Funds Short-Term Tax-Exempt Bond Fund** (2026-01-31) and **NYLI MacKay Muni Intermediate ETF** (2026-04-30). - Shared positions: 46 - American Funds Short-Term Tax-Exempt Bond Fund covered by NYLI MacKay Muni Intermediate ETF: 0.04972581532934741622154263226 - NYLI MacKay Muni Intermediate ETF covered by American Funds Short-Term Tax-Exempt Bond Fund: 0.04972581532934741622154263226 ## American Funds Short-Term Tax-Exempt Bond Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | UTILITY-TE-2 | 0.009626 | | | UNIV OF MICHIGAN MI REGD V/R B/E 2.40000000 | 0.008033 | | | PEFA INC VAR | 0.008017 | | | WASTE MANAGEMENT INC (MPT) 4.6% 10-01-46 | 0.007599 | | | CA STWD CMNTYS DEV-A | 0.007208 | | | MS BUS FIN-VAR-J-CHEV | 0.006608 | | | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES | 0.006392 | | | MUNIBOND | 0.005895 | ✓ | | ARIZONA ST INDL DEV AUTH MF HS REGD V/R B/E 5.00000000 | 0.005476 | | | WASTE MANAGEMENT INC (MPT) 4.25% 06-01-48 | 0.004952 | | | SOUTHEAST ENERGY AUTH VAR | 0.004654 | ✓ | | Los Angeles (City of), CA, Series 2025, RN | 0.004368 | | | State of Georgia, Series 2022C | 0.004351 | | | WASTE MANAGEMENT INC (MPT) 3.875% 08-01-38 | 0.004331 | | | HOUSTON TX UTILITY SYS REVENUE REGD V/R B/E 3.45000000 | 0.004319 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2025A | 0.004300 | ✓ | | UTAH ST HSG CORP MF REVENUE REGD N/C B/E HUD SEC 3.62500000 | 0.004245 | | | UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.00000000 | 0.004065 | | | VIRGINIA HSG DEV-G | 0.004058 | ✓ | | State of Hawaii Department of Budget and Finance, The Queen's Health Systems, Series 2025B | 0.003973 | | | MISSISSIPPI ST BUSINESS FIN COMMISSION GULF OPPORTUNITY ZONE | 0.003973 | | | California Community Choice Financing Authority, Series F | 0.003898 | | | State of Colorado, Series B | 0.003865 | | | PREREF CENTRL FL EXPRESSWAY AUTH SR L REGD B/E PREREFUNDED 07/01/26 @ 100 4.00000000 | 0.003761 | | | BLACK BELT ENERGY GAS DISTRICT (MPT) 5.0% 03-01-55 | 0.003755 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2024B | 0.003731 | ✓ | | NEW YORK MUNI WTR-AA2 | 0.003565 | | | PREREF BEXAR CNTY TX REGD B/E PREREFUNDED 06/15/26 @ 100 5.00000000 | 0.003489 | | | QUEEN'S HEALTH SYSTEMS OBLIGATED GROUP FRN 07-01-51 | 0.003455 | | | PALMDALE FAMILY HOUSING LP (MPT) 2.95% 01-01-56 | 0.003438 | | | STHRN CA PUB PWR-B | 0.003386 | | | STATE OF NORTH CAROLINA 5.0% 06-01-29 | 0.003367 | | | MI HSG ST DEV AUTH-A | 0.003354 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2024A-1 | 0.003204 | ✓ | | NYC TRANSITIONAL-F-1 | 0.003198 | | | HOUSTON TX ISD | 0.003161 | | | LOS ANGELES DEPT-C | 0.003139 | ✓ | | CARROLLTON-FARMERS BRANCH INDEPENDENT SCHOOL DISTRICT PSF-GTD 5.0% 02-15-27 | 0.003108 | | | NORTH PORT PRESERVATION LTD DIVIDEND HOUSING ASSOCIATION LLC FHA 223(F) (MPT) 5.0% 08-01-27 | 0.003088 | | | California Community Choice Financing Authority, Series B-1 | 0.003086 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB | 0.003085 | | | WISE VA IDA SW 3.125% MT | 0.003054 | ✓ | | NEW HAVEN UNIFIED SCHOOL DISTRICT AG 0.0% 08-01-29 | 0.003024 | | | TX EXXON 12 G=EXXON V1 | 0.003023 | | | NYC MUNI WTR FIN-DD | 0.002994 | | | EXXON MOBIL CORP FRN 12-01-40 | 0.002937 | | | RUSH SYSTEM FOR HEALTH OBLIGATED GROUP 5.0% 11-15-30 | 0.002931 | | | PORT OF PORTLAND OR AIRPORT REVENUE 5.0% 07-01-31 | 0.002884 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2022A-1 | 0.002831 | | | DICKSON TN HLTH EDUCTNL & HSG FAC BRD MF REVENUE | 0.002815 | | ## NYLI MacKay Muni Intermediate ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | ANTELOPE VLY E KERN CA WTR AGY ATLWTR 04/55 ADJUSTABLE VAR | 0.011066 | | | NEW YORK NY | 0.010820 | | | RESTRUCTURED-SER A-2 | 0.010632 | | | SOUTH DAKOTA ST HSG DEV AUTH REGD N/C B/E GNMA/FN 6.50000000 | 0.008989 | ✓ | | CA LOSUTL 5 07/01/2041 | 0.008714 | | | Minnesota Municipal Gas Agency | 0.008543 | | | Hudson Yards Infrastructure Corp., Series 2017 A, Ref. RB | 0.008455 | | | DREY-GVT CSH-I | 0.008420 | | | PENNSYLVANIA ST HSG FIN AGY SF REGD B/E 3.00000000 | 0.008346 | | | UNIV OF CALIFORNIA REVENUES UNVHGR 05/48 ADJUSTABLE VAR | 0.007638 | | | Chicago Transit Authority, Series A | 0.007162 | | | UNIV OF CALIFORNIA REVENUES UNVHGR 05/48 ADJUSTABLE VAR | 0.006365 | | | City of Springfield IL Electric Revenue | 0.005830 | | | MUNIBOND | 0.005797 | ✓ | | CHICAGO ILLIN 6% 4/1/2046 | 0.005470 | | | Phoenix Industrial Development Authority, Arizona, Lease Revenue Bonds, Mayo/Brooks Rehabilitation Facility Project, Series 2024A | 0.005382 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2024B | 0.005013 | ✓ | | MAIN STR NAT GA 5% 5/1/2055 MT | 0.004871 | | | NH NFADEV 4.25 07/20/2041 | 0.004539 | | | MAIN STR NAT GA 5% 12/1/2052 MT | 0.004464 | | | Black Belt Energy Gas District, Series F | 0.004383 | | | Tender Option Bond Trust Receipts/Certificates | 0.004276 | | | County of Parker TX | 0.004256 | | | TX TAREDU 11/15/2064 | 0.004229 | | | ILLINOIS ST HSG DEV AUTH REVENUE | 0.004205 | ✓ | | SOUTHEAST ENERGY AUTH VAR | 0.004141 | ✓ | | MOBILE PCR-VAR-AL PWR | 0.004099 | | | Southeast Energy Authority, Alabama, A Cooperative District Energy Supply Revenue Bonds Series 2024A | 0.004073 | | | TX TXSUTL 01/01/2055 | 0.004071 | | | Main Street Energy, Inc., Series D | 0.004018 | | | NH NFADEV 11/20/2042 | 0.004003 | | | SC PEGUTL 02/01/2054 | 0.003949 | | | Brownsburg 1999 School Building Corp | 0.003937 | | | Energy Southeast Cooperative District, Alabama, Energy Supply Revenue Bonds, Series 2025B | 0.003910 | | | LOUISIANA ST HSG CORP MF HSG R REGD N/C B/E HUD SEC 5.00000000 | 0.003830 | | | NYC-F-5 | 0.003819 | | | Mansfield Independent School District | 0.003750 | | | Mansfield Independent School District | 0.003740 | | | JobsOhio Beverage System, Series A | 0.003713 | | | WA WASHSG 11/20/2041 | 0.003658 | | | State of Connecticut | 0.003621 | | | TN TNSUTL 5 11/01/2034 | 0.003571 | | | NORTH CAROLINA HSG FIN AGY HOM REGD B/E GNMA/FN 6.25000000 | 0.003563 | ✓ | | IN MUNI PWR AGY-A-REF | 0.003546 | | | MI MISHSG 6 12/01/2056 | 0.003536 | | | NJ ST HSG and MTG 6.50% 4/1/2056 | 0.003520 | | | Chicago O'Hare International Airport | 0.003510 | | | CA LOSUTL 5 07/01/2039 | 0.003505 | | | California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 C, RB | 0.003492 | | | INDIANA FIN AUTH MIDWESTERN DISASTER RELIEF REVENUE | 0.003483 | | ## Sources - N-PORT (fund A) — accession `0001193125-26-130879` (as of 2026-01-31) - N-PORT (fund B) — accession `0000940400-26-024935` (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 _