# Portfolio overlap — STXAX vs SCACX Comparing **Western Asset Municipal High Income Fund** (2026-01-30) and **Western Asset California Municipals Fund** (2026-02-27). - Shared positions: 23 - Western Asset Municipal High Income Fund covered by Western Asset California Municipals Fund: 0.08955362617356483256775161274 - Western Asset California Municipals Fund covered by Western Asset Municipal High Income Fund: 0.08955362617356483256775161275 ## 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 | | ## Western Asset California Municipals Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | LOS ANGELES COUNTY PUBLIC WORKS FINANCING AUTHORITY (TOBS) | 0.075258 | | | CHANNELSIDE WATER RESOURCES LP 5.0% 11-21-45 | 0.050773 | ✓ | | NRTHRN CA ENRGY | 0.038262 | | | CALIFORNIA COMMUNITY VAR | 0.032705 | | | Long Beach (City of), CA Bond Finance Authority, Series 2007 A, RB | 0.029465 | | | STHRN CA PUBLIC PWR AUTH NATURAL GAS PROJ REVENUE | 0.026291 | | | San Diego County Regional Airport Authority, Series B | 0.026163 | | | STATE OF CALIFORNIA 5.0% 11-01-50 | 0.025973 | | | Sacramento Municipal Utility District, Series 2024M | 0.025689 | | | Los Angeles Department of Water & Power, Series 2017C | 0.024628 | | | San Francisco City & County Airport Comm-San Francisco International Airport, Series 2019 E | 0.024474 | | | California Community Choice Financing Authority, Series A | 0.020195 | | | CALIFORNIA ST MUNI FIN AUTH REVENUE | 0.019642 | ✓ | | Los Angeles Department of Airports, California, Revenue Bonds, Los Angeles International Airport, Subordinate Lien Series 2018C | 0.019641 | | | CALIFORNIA STWD CMNTYS DEV AUT CASGEN 12/49 FIXED 5 | 0.019049 | | | California (State of) Health Facilities Financing Authority (Stanford Health Care), Series 2020 A, Ref. RB | 0.018551 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2022 A-1, RB | 0.018544 | | | CALIFORNIA ST INFRASTRUCTURE ECON DEV BANK REVEN | 0.018501 | | | LA CA AIRPT 5% 5/15/34@ | 0.017067 | | | San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2021 A, Ref. RB | 0.015396 | | | STOCKTON PUBLIC FINANCING AUTHORITY | 0.015325 | | | Southern California Water Replenishment District | 0.015133 | | | California Community Choice Financing Authority, Series B-1 | 0.014898 | ✓ | | San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Second Series 2018 D, RB | 0.014657 | | | Mountain House Public Financing Authority | 0.014424 | | | GOLDEN ST TOBACCO SECURITIZATI REGD B/E 5.00000000 | 0.013950 | | | Alameda Corridor Transportation Authority, Series 2022C | 0.013787 | | | LONG BEACH CALIF BD FIN AUTH NAT GAS PUR REV SER A | 0.013106 | | | TOBACCO SECURITIZATION AUTH ST TOBGEN 06/48 FIXED 5 | 0.012643 | | | CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.012117 | | | Port of Los Angeles | 0.011350 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB | 0.011235 | ✓ | | Port of Los Angeles 5.00% 08/01/2035 | 0.011196 | | | San Mateo Joint Powers Financing Authority | 0.010231 | | | SAN MATEO JT PWRS-A | 0.010059 | | | California (State of) Infrastructure & Economic Development Bank (UCSF 2130 Third Street), Series 2017, RB | 0.010025 | | | Southern California Water Replenishment District | 0.009949 | | | CA ST UNIV REV 4% 11/1/2045 | 0.009712 | | | CLASSICAL ACADEMY OBLIGATED GROUP 5.0% 10-01-52 | 0.009478 | | | California (State of) Health Facilities Financing Authority (Commonspirit Health), Series 2020 A, Ref. RB | 0.009475 | | | CHF-DAVIS II LLC BAM 4.0% 05-15-46 | 0.009293 | | | CA ST MUNI FIN AUTH-A | 0.008870 | | | CALIFORNIA ST SCH FIN AUTH COL REGD B/E 5.00000000 | 0.008465 | | | Folsom Cordova Unified School District | 0.008139 | | | RIVER ISLANDS PUBLIC FINANCING RVIGEN 09/48 FIXED 5 | 0.008042 | | | RIVER ISLANDS PUBLIC FINANCING RVIGEN 09/53 FIXED OID 5.625 | 0.008025 | ✓ | | California (State of) School Finance Authority (KIPP LA), Series 2015 A, RB | 0.007969 | | | California Community Choice Financing Authority, Series 2023 E-1 | 0.007838 | | | San Francisco (City & County of), CA Public Utilities Commission (Green Bonds), Series 2023, Ref. RB | 0.007623 | | | CALIFORNIA ST MUNI FIN AUTH REVENUE | 0.007219 | | ## Sources - N-PORT (fund A) — accession `0000940400-26-012589` (as of 2026-01-30) - N-PORT (fund B) — accession `0000940400-26-014629` (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 _