# Portfolio overlap — SWSFX vs VUSB Comparing **Ultra-Short Fixed Income Fund** (2026-03-31) and **VANGUARD ULTRA-SHORT BOND ETF** (2026-03-31). - Shared positions: 56 - Ultra-Short Fixed Income Fund covered by VANGUARD ULTRA-SHORT BOND ETF: 0.07101482586723245454762036281 - VANGUARD ULTRA-SHORT BOND ETF covered by Ultra-Short Fixed Income Fund: 0.07101482586723245454762036280 ## 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 | | ## VANGUARD ULTRA-SHORT BOND ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | U.S. Treasury Bills | 0.031946 | | | US TREASURY N/B | 0.008188 | | | US TREASURY N/B | 0.005696 | | | US BANCORP | 0.005516 | | | Vanguard Market Liquidity Fund | 0.004995 | | | US TREASURY N/B | 0.004879 | ✓ | | TRUIST BANK | 0.004858 | | | TYSON FOODS INC | 0.004623 | | | UBS Group AG | 0.004516 | | | BANK OF MONTREAL SR UNSECURED 09/28 VAR | 0.004411 | | | NATL BANK CANADA | 0.004168 | | | TOYOTA MTR CRED | 0.004093 | | | NTT FINANCE CORP SR UNSECURED 144A 07/27 4.567 | 0.003844 | | | Mercedes-Benz Finance North America LLC | 0.003781 | | | HNDA F 12/11/26 MTN | 0.003672 | | | ATHENE GLOBAL FUNDING SR SECURED 144A 05/26 5.62 | 0.003660 | | | AXA EQUITABLE HO | 0.003621 | | | US TREASURY N/B | 0.003508 | | | CHENIERE CORP CH | 0.003456 | | | UBS GROUP AG FRN SOFR+84 12/23/2029 144A | 0.003402 | | | INTEL CORP | 0.003386 | | | CAN IMPERIAL BK | 0.003334 | | | EXTRA SPACE STOR | 0.003328 | | | NATWEST GROUP | 0.003276 | | | GOLDMAN SACHS GP | 0.003262 | | | CAN IMPERIAL BK | 0.003204 | | | DIGITAL REALTY | 0.003196 | | | GOLDMAN SACHS GP | 0.003127 | | | HUNTINGTON NATL BK COLUMBUS OH FRN SOFR+72 04/12/2028 | 0.003063 | | | BANK OF NOVA SCOTIA THE | 0.003063 | | | PNC FINANCIAL | 0.003037 | ✓ | | WELLS FARGO CO | 0.003026 | | | USB V4.73 05/15/28 | 0.003005 | | | ATHENE GLOBAL FUNDING SECURED 144A 09/28 VAR | 0.002995 | | | JEF 4.3 02/11/27 MTN | 0.002988 | | | GLENCORE FUNDING LLC COMPANY GUAR 144A 10/26 VAR | 0.002944 | ✓ | | FORDF 2023-1 A1 144A 4.92% 05-15-28 | 0.002910 | | | OMEGA HEALTHCARE | 0.002867 | | | BANCO SANTANDER | 0.002801 | | | SABINE PASS LIQU | 0.002793 | | | NTT FINANCE | 0.002787 | | | BRIT COLUMBIA | 0.002779 | | | BANK OF NY MELLO | 0.002761 | | | LLOYDS BK GR PLC | 0.002757 | | | DTE ENERGY CO | 0.002740 | | | COREBRIDGE FIN | 0.002718 | | | BANK OF AMER CRP | 0.002704 | | | ABBOTT LABS | 0.002690 | | | DRIVE 2025-1 A3 | 0.002689 | | | BANK OF MONTREAL SR UNSECURED 09/28 VAR | 0.002683 | ✓ | ## Sources - N-PORT (fund A) — accession `0002066578-26-001924` (as of 2026-03-31) - N-PORT (fund B) — accession `0000794105-26-000181` (as of 2026-03-31) --- _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 _