# Portfolio overlap — SWSFX vs FTSM Comparing **Ultra-Short Fixed Income Fund** (2026-03-31) and **First Trust Enhanced Short Maturity ETF** (2026-04-30). - Shared positions: 39 - Ultra-Short Fixed Income Fund covered by First Trust Enhanced Short Maturity ETF: 0.07805313174406769155120704432 - First Trust Enhanced Short Maturity ETF covered by Ultra-Short Fixed Income Fund: 0.07805313174406769155120704433 ## Ultra-Short Fixed Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | Northern Institutional Funds GOVT PTFL | 0.048640 | | | WALT DISNEY CO/THE FRN SOFRINDX+47 03/14/2029 | 0.028243 | | | US TREASURY N/B | 0.021166 | | | BANK OF AMERICA CORPORATION FRN SOFR+111 05/09/2029 | 0.020780 | | | NATWEST MARKETS PLC SR UNSECURED 144A 09/26 VAR | 0.016979 | | | ING GROEP NV SR UNSECURED 04/27 VAR | 0.016408 | | | Abbott Laboratories | 0.016355 | | | GLENCORE FUNDING LLC COMPANY GUAR 144A 10/26 VAR | 0.013056 | | | CITIGROUP INC FRN SOFR+128 02/24/2028 | 0.012819 | | | BANK OF NEW ZEALAND FRN SOFR+81 01/27/2027 144A | 0.012799 | | | SCHWAB CHARLES CORP FRN SOFRINDX+105 03/03/2027 | 0.012204 | | | BLACKROCK FUND | 0.010609 | | | MACQUARIE BANK LTD FRN SOFR+74 06/12/2028 144A | 0.010322 | | | SVENSKA HANDELSBANKEN FRN | 0.009264 | | | KELLOGG CO | 0.009237 | | | CANADIAN IMPERIAL BK OF COMM FRN SOFR+72 01/13/2028 | 0.009118 | | | NORDEA BANK ABP FRN SOFR+70 03/17/2028 144A | 0.008711 | | | MERCK INC FRN | 0.008343 | | | RIO TINTO FIN. USA PL FRN | 0.008252 | | | MORGAN STANLEY B | 0.007969 | | | ARTHUR J GALLAGH | 0.007952 | ✓ | | JPMORGAN CHASE + CO SR UNSECURED 02/28 VAR | 0.007943 | | | Schlumberger Holdings Corporation | 0.007832 | | | BMW US CAP. LLC FRN | 0.007554 | | | NATIONAL AUSTRALIA BANK LTD | 0.007475 | | | BHP FINANCE USA | 0.007398 | | | EATON CORP | 0.007360 | | | WELLS FARGO + COMPANY SR UNSECURED 01/28 VAR | 0.006986 | | | PNC Financial Services Group, Inc. (The) | 0.006981 | ✓ | | ORACLE CORP VARIABLE RATE 08/03/2028 | 0.006945 | | | GENERAL MOTORS FINL. FRN | 0.006921 | | | SANTANDER HOLDINGS USA SR UNSECURED 03/29 VAR | 0.006737 | | | ADVANCED MICRO | 0.006727 | | | LLOYDS BK GR PLC | 0.006713 | | | MS F 04/13/28 MTN | 0.006709 | | | BANK OF MONTREAL SR UNSECURED 09/26 VAR | 0.006570 | | | SYNOPSYS INC | 0.006568 | ✓ | | SALESFORCE INC | 0.006565 | ✓ | | NTT FIN. CORP FRN | 0.006552 | | | DAIMLER TRUCKS FINANCE NORTH AMERICA LLC FRN SOFR+96 09/25/2027 144A | 0.006530 | | | NATIONWIDE BUILDING SOC(UNGTD) FRN SOFR+129 02/16/2028 144A | 0.006527 | | | Morgan Stanley Private Bank NA | 0.006447 | | | ROST 0 7/8 04/15/26 | 0.006250 | | | JPMORGAN CHASE + CO SR UNSECURED 09/27 VAR | 0.006141 | | | HYUNDAI CAPITAL AMERICA SR UNSECURED 144A 01/27 VAR | 0.006118 | | | US TREASURY N/B | 0.006096 | | | HSBC HOLDINGS PLC SR UNSECURED 03/29 VAR | 0.006093 | | | HYUNDAI CAPITAL AMERICA SR UNSECURED 144A 06/27 VAR | 0.006092 | | | VERIZON COMM INC | 0.005957 | | | ELEMENT FLEET MGT. 6.271% | 0.005922 | | ## First Trust Enhanced Short Maturity ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | AutoNation, Inc. 0% CP 01/05/2026 | 0.010186 | | | US TREASURY N/B | 0.009821 | | | TARGA RES CORP CP 0% 05/01/2026 | 0.009402 | | | ENERGY TRANSFER LP 0% CP 01/05/2026 | 0.006268 | | | Quanta Services, Inc. 0% CP 01/05/2026 | 0.005610 | | | HUNTINGTON NATL | 0.005532 | ✓ | | T-MOBILE USA INC | 0.005464 | ✓ | | GSK CONSUMER | 0.005440 | | | PRA HEALTH SCIENCES INC SR SECURED 144A 07/26 2.875 | 0.005320 | | | KINDER MORGAN | 0.005167 | ✓ | | CRHID 3.4 05/09/27 144A | 0.005069 | | | WILLIS NORTH AME | 0.004867 | | | SOLVENTUM CORP | 0.004829 | | | CCL INDUSTRIES INC | 0.004754 | | | HYATT HOTELS | 0.004743 | | | AON NORTH AMER | 0.004733 | | | ZIMMER BIOMET HOLDINGS SR UNSECURED 02/27 4.7 | 0.004721 | ✓ | | SYNOPSYS INC | 0.004720 | ✓ | | VERALTO CORP | 0.004717 | | | ELEVANCE HEALTH | 0.004711 | ✓ | | Vulcan Materials Company 0% CP 01/05/2026 | 0.004701 | | | SOUTHERN CALIFORNIA EDISON COMPANY 0% CP 01/05/2026 | 0.004701 | | | The J M Smucker Company 0% CP 05/05/2026 | 0.004699 | | | TR FINANCE LLC | 0.004699 | | | CROWN CASTLE INT | 0.004698 | | | ALCON FINANCE CO | 0.004673 | | | MOLSON COORS | 0.004671 | | | WORKDAY INC | 0.004670 | | | AUTODESK INC | 0.004653 | | | VMWARE LLC | 0.004649 | | | FACTSET RESEARCH | 0.004641 | | | ASHTEAD CAPITAL INC REGD 144A P/P 4.37500000 | 0.004628 | | | BROWN & BROWN | 0.004612 | | | AMRIZE FINANCE | 0.004482 | | | KRAFT HEINZ FOOD | 0.004472 | ✓ | | SMITH & NEPHEW | 0.004318 | | | CONAGRA BRANDS | 0.004021 | | | Freddie Mac REMICS | 0.003996 | | | GE HEALTHCARE | 0.003990 | | | FIFTH THIRD BANK NA SR UNSECURED 01/28 VAR | 0.003985 | | | THE CAMPBELLS CO | 0.003948 | | | FISERV INC | 0.003924 | | | Bank of Montreal | 0.003924 | | | BNP Paribas SA/New York NY | 0.003919 | | | Caterpillar Financial Services Corp | 0.003919 | | | Svenska Handelsbanken/New York NY | 0.003918 | | | Banco Santander SA/New York | 0.003918 | | | SWEDBANK AB FRN CP 01/07/2026 USD (SEC REGD) | 0.003918 | | | ING US FUNDING LLC FRN CP 12/06/2026 USD (SEC REGD) | 0.003918 | | | Swedbank AB (publ) FRN CP 09/11/2026 USD (SEC REGD) | 0.003918 | | ## Sources - N-PORT (fund A) — accession `0002066578-26-001924` (as of 2026-03-31) - N-PORT (fund B) — accession `0000940400-26-024891` (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 _