# Portfolio overlap — SMLLX vs STXAX Comparing **Western Asset Intermediate-Term Municipals Fund** (2026-03-31) and **Western Asset Municipal High Income Fund** (2026-01-30). - Shared positions: 64 - Western Asset Intermediate-Term Municipals Fund covered by Western Asset Municipal High Income Fund: 0.1730412098532018777670401962 - Western Asset Municipal High Income Fund covered by Western Asset Intermediate-Term Municipals Fund: 0.1730412098532018777670401960 ## Western Asset Intermediate-Term Municipals Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | New York State Urban Development Corp. (Bidding Group 3), Series 2023 A, RB | 0.024050 | | | NYC MUNI WTR FIN-AA-3 | 0.021427 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB | 0.018630 | ✓ | | New York Transportation Development Corporation, New York, Special Facilities Bonds, LaGuardia Airport Terminal B Redevelopment Project, Series 2016A | 0.017710 | | | NOVANT HEALTH OBLIGATED GROUP 5.0% 12-01-35 | 0.017667 | ✓ | | CALIFORNIA COMMUNITY VAR | 0.016708 | ✓ | | TN TNSUTL 05/01/2053 | 0.015147 | | | CHICAGO IL BOE 5% 12/1/2043 | 0.014411 | | | Seattle (Port of), WA, Series 2022 B, Ref. RB | 0.011907 | | | PENNSYLVANIA ST ECON DEV FING REGD B/E AMT 5.75000000 | 0.011462 | | | State of Illinois, Series 2018A | 0.011206 | | | MSRPWR 6.125 11/1/2029 | 0.010562 | | | CALIFORNIA COMMUNITY VAR | 0.010253 | | | County of Broward FL Port Facilities Revenue | 0.009012 | | | State of Illinois, Series D | 0.008497 | | | Public Energy Auth. of Kentucky Gas Supply Rev. Refg. C | 0.008488 | ✓ | | Regional Transportation Authority | 0.008419 | | | MAIN STR NAT GA 5% 12/1/2052 MT | 0.008387 | | | STATE OF ILLINOIS MCCORMICK PLACE EXPANSION PROJECT FUND 4.0% 06-15-50 | 0.007931 | | | CALIFORNIA COMMUNITY VAR | 0.007530 | ✓ | | NY TRANSPRTN DEV -AMT | 0.007445 | ✓ | | California Community Choice Financing Authority, Series B-1 | 0.007385 | ✓ | | PUERTO RICO SALES TAX FING COR REGD OID B/E 4.75000000 | 0.007238 | ✓ | | Puerto Rico Commonwealth Aqueduct & Sewer Authority, Series A | 0.006796 | ✓ | | NY DORM AUTH-E | 0.006730 | | | NY ST DORM DASNY PIT 19A 5.0% 03-15-40 | 0.006643 | | | PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000 | 0.006606 | ✓ | | CENTRL TX REGL MOBILITY AUTH R REGD B/E 5.00000000 | 0.006517 | | | CLARKSVL TN WTR 4% 2/1/2051 | 0.006420 | | | Southeast Energy Authority, Alabama, Revenue Bonds, Cooperative District Energy Supply Series 2025B | 0.006387 | ✓ | | TEXAS ST MUNI GAS ACQUISITION TXSUTL 12/30 FIXED 5 | 0.006284 | | | IL CHI 5.5 01/01/2039 | 0.006154 | ✓ | | NYS UDC 4% 3/15/45 | 0.006072 | | | ELGIN TX ISD 4% 8/1/2049 | 0.006027 | | | NY TRANSPRTN DEV -AMT | 0.005618 | ✓ | | CHICAGO IL BRD OF EDU REGD B/E 5.00000000 | 0.005565 | | | St. John the Baptist (Parish of), LA (Marathon Oil Corp.), Series 2017, Ref. RB | 0.005562 | | | OH ST AIR QUALI 5% 7/1/2049 | 0.005476 | ✓ | | INDIANA ST FIN AUTH ENVRNMNTL REGD B/E 1.40000000 | 0.005428 | | | Jefferson (County of), AL, Series 2024, Ref. RB | 0.005258 | | | State of Illinois, Series 2019B | 0.005256 | | | MS MSSMED 10/01/2040 | 0.005157 | | | RESTRUCTURED-SER A1 | 0.005138 | ✓ | | Florida Atlantic University Finance Corp | 0.005125 | | | PUERTO RICO SALES TAX FING COR PUERTO RICO SALES TAX FINANCING CORP SALES TAX REV | 0.005109 | | | Chicago Transit Authority Sales Tax Receipts Fund, Series 2020 A | 0.005105 | | | Energy Southeast A Cooperative District, Series B-1 | 0.005092 | | | City of Austin TX Airport System Revenue | 0.005074 | | | STATE OF ILLINOIS MCCORMICK PLACE EXPANSION PROJECT FUND 5.0% 06-15-50 | 0.005017 | ✓ | | Southeast Alabama Gas Supply District/The | 0.004935 | | ## Western Asset Municipal High Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | NY TRANS CORP 5.375% 6/30/2060 @ | 0.036133 | ✓ | | CHANNELSIDE WATER RESOURCES LP 5.0% 11-21-45 | 0.028249 | | | PHX AZ IDA ED 5% 7/1/2045 | 0.025410 | | | NY TRANS CORP(JFK INT NEW ONE)/AGM 5.13% 6/30/60@ | 0.023052 | | | PENNSYLVANIA ST ECON DEV FING REGD OID B/E AMT 5.25000000 | 0.020541 | | | Public Authority for Colorado Energy, Series 2008, RB | 0.020434 | | | PUERTO RICO SALES TAX FING COR REGD OID B/E 4.75000000 | 0.019180 | ✓ | | NY ST DORM DASNY PIT 20A 4.0% 03-15-45 | 0.017123 | | | MSR Energy Authority, Series B | 0.016199 | | | NEW YORK ST URBAN DEV CORP SALES TAX REVENUE | 0.014433 | | | County of Broward, Series 2019 B | 0.014395 | | | Jefferson (County of), AL, Series 2024, Ref. Revenue Wts. | 0.014063 | | | Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019B | 0.013429 | | | CENTRL PLAINS ENERGY PROJ NE G CENTRAL PLAINS ENERGY PROJECT | 0.012742 | | | STATE OF ILLINOIS MCCORMICK PLACE EXPANSION PROJECT FUND 5.0% 06-15-42 | 0.012648 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB | 0.012319 | ✓ | | ILLINOIS ST DEV FIN AUTH ENVRN REGD OID B/E AMT 8.00000000 | 0.012252 | | | NY NYCUTL 5.25 06/15/2052 | 0.012081 | | | Jefferson (County of), AL, Series 2024, Ref. Revenue Wts. | 0.011738 | | | CHICAGO IL BRD OF EDU REGD B/E 5.00000000 | 0.011678 | | | State of Illinois, Series 2018A | 0.011586 | | | La Paz County Industrial Development Authority | 0.011570 | | | Chandler Industrial Development Authority, Series 2019 | 0.011521 | | | St. Louis (County of), MO Industrial Development Authority (Friendship Village of Sunset Hills), Series 2013 A, RB | 0.011299 | | | CALIFORNIA COMMUNITY VAR | 0.010700 | ✓ | | Jefferson (County of), AL, Series 2024, Ref. Revenue Wts. | 0.009875 | | | Puerto Rico Commonwealth Aqueduct & Sewer Authority, Series A | 0.009713 | ✓ | | PUBLIC FIN AUTH WI STUDENT HSG REVENUE | 0.009296 | | | RIVER ISLANDS PUBLIC FINANCING RVIGEN 09/54 FIXED 5 | 0.009263 | | | VALPARAISO-REF-REV | 0.008882 | | | CALIFORNIA ST MUNI FIN AUTH REVENUE | 0.008549 | ✓ | | PENNSYLVANIA ST ECON DEV FING PASDEV 12/32 FIXED 5 | 0.008390 | | | NJ TRANSPRTN TRUST-CC | 0.008018 | | | RESTRUCTURED-SER A1 | 0.007997 | ✓ | | CHICAGO IL BRD OF EDU REGD B/E 5.00000000 | 0.007669 | ✓ | | Central Texas Regional Mobility Authority, Revenue Bonds, Senior Lien Series 2010 | 0.007469 | | | State of Nevada Department of Business & Industry | 0.007329 | | | PROVIDENT GROUP-ROWAN PROPERTIES LLC 5.0% 01-01-48 | 0.007216 | | | PROJECTNEW YORK TRANS | 0.007128 | | | OH ST AIR QUALI 5% 7/1/2049 | 0.006967 | ✓ | | NOVANT HEALTH OBLIGATED GROUP 5.0% 12-01-35 | 0.006822 | ✓ | | PENNSYLVANIA ST ECON DEV FINGAUTH EXEMPT FACS REVENUE | 0.006430 | | | LANCASTER PA INDL DEV AUTH | 0.006361 | | | NYC MUNI WTR FIN-BB-2 | 0.006210 | ✓ | | GALVESTON TX ST 5.25% 8/1/2036 @ | 0.006176 | | | Public Energy Auth. of Kentucky Gas Supply Rev. Refg. C | 0.006125 | ✓ | | STATE OF OHIO DEPARTMENT OF TRANSPORTATION 5.0% 06-30-53 | 0.006067 | | | MIAMI DADE FL 5.25% 10/1/2052 @ | 0.005724 | | | NOVANT HEALTH OBLIGATED GROUP 5.0% 06-01-55 | 0.005704 | | | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE | 0.005399 | | ## Sources - N-PORT (fund A) — accession `0000940400-26-020720` (as of 2026-03-31) - N-PORT (fund B) — accession `0000940400-26-012589` (as of 2026-01-30) --- _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 _