# Portfolio overlap — TFCAX vs JMUB Comparing **SIMT Tax-Free Conservative Income Fund** (2026-03-31) and **JPMorgan Municipal ETF** (2026-02-28). - Shared positions: 7 - SIMT Tax-Free Conservative Income Fund covered by JPMorgan Municipal ETF: 0.01265589258392305907634360640 - JPMorgan Municipal ETF covered by SIMT Tax-Free Conservative Income Fund: 0.01265589258392305907634360639 ## SIMT Tax-Free Conservative Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | IOWA ST FIN AUTH MIDWESTERN EC IOWA FINANCE AUTHORITY | 0.036174 | | | SAINT LUCIE CNTY FL POLL CONTR COUNTY OF ST LUCIE FL | 0.034245 | | | LINCOLN NEB COML PAPER IAM 189 | 0.024116 | | | COLORADO ST HLTH FACS AUTH REVENUE | 0.021704 | | | KS SPL OBLG VAR-E | 0.019775 | | | ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY | 0.019293 | | | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE | 0.018328 | | | TENDER OPTION BOND TRUST RECEI TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES | 0.017991 | | | SOUTH DAKOTA ST HSG DEV AUTH SOUTH DAKOTA HOUSING DEVELOPMENT AUTHORITY | 0.017894 | | | Sports & Exhibition Authority of Pittsburgh & Allegheny County, Series 2007-A | 0.017364 | | | RBC MUNI PRODUCTS INC TRUST RBC MUNICIPAL PRODUCTS INC TRUST | 0.016881 | | | MASSACHUSETTS ST WTR RES AUTH COML PAPER IAM | 0.016396 | | | Harris County Cultural Education Facilities Finance Corp., Series 2024F | 0.015434 | ✓ | | CONNECTICUT ST HSG FIN AUTH HS CONNECTICUT HOUSING FINANCE AUTHORITY | 0.015434 | | | Clackamas & Washington Counties School District No. 3, Series 2025 | 0.014539 | | | COLORADO ST BRD OF GOVERNORS UNIV ENTERPRISE SYS REVENUE | 0.014470 | ✓ | | UNIVERSITY TEX COML PAPER IAM 19 | 0.014468 | | | TEXAS ST STATE OF TEXAS | 0.013987 | | | HOUSTON TX UTILITY SYS REVENUE CITY OF HOUSTON TX COMBINED UTILITY SYSTEM REVENUE | 0.013987 | | | UNIVERSITY TEX PERM UNIV FD COML PAPER IAM | 0.013985 | | | TEXAS A & M UNIV COML PAPER IAM | 0.013985 | | | COLORADO SPRINGS CO UTILITIES CITY OF COLORADO SPRINGS CO UTILITIES SYSTEM REVEN | 0.013891 | | | WATERFORD MI SCH DIST WATERFORD SCHOOL DISTRICT/MI | 0.013531 | | | SOUTH CAROLINA ST JOBS-ECON DE SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY | 0.013505 | | | SOUTH DAKOTA ST HSG DEV AUTH SOUTH DAKOTA HOUSING DEVELOPMENT AUTHORITY | 0.013095 | | | NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS VAR 06/15/2050 | 0.012902 | | | WISCONSIN ST HSG & ECON DEV AU WISCONSIN HOUSING & ECONOMIC DEVELOPMENT AUTHORITY | 0.012154 | | | NEW YORK ST HSG FIN AGY NEW YORK STATE HOUSING FINANCE AGENCY | 0.012058 | | | ILLINOIS ST HSG DEV AUTH REVEN ILLINOIS HOUSING DEVELOPMENT AUTHORITY | 0.011093 | | | WARREN MI CONSOL SCH DIST WARREN CONSOLIDATED SCHOOLS | 0.010389 | | | Loudoun County Economic Development Authority, Series 2013A | 0.010129 | | | Utah Water Finance Agency, Series B-2 | 0.010056 | | | MA BED 4 04/09/2027 | 0.009795 | | | Town of Hingham | 0.009764 | | | MIAMI-DADE CO-B-REF | 0.009764 | | | DIST OF COLUMBIA INCOME TAX SE DISTRICT OF COLUMBIA INCOME TAX REVENUE | 0.009686 | | | Charleston County School District | 0.009646 | | | CONNECTICUT HSG FIN AUTH HSG MTGE FIN PROGRAM | 0.009646 | | | MASSACHUSETTS BAY TRANSN AUTH MASS COML PAPER | 0.009646 | | | WV HOSP FIN AUTH-C | 0.009574 | | | Fairfax County Industrial Development Authority | 0.009429 | | | E CO AWP JT PWRS-A-1 | 0.009262 | | | King & Snohomish Counties School District No 417 Northshore, Series 2025, GO Bonds | 0.009195 | | | SAN ANTONIO TX MUNI COMMERICAL PAPER | 0.009165 | | | WASHINGTON ST HSG FIN COMMISSI WASHINGTON STATE HOUSING FINANCE COMMISSION | 0.009164 | | | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE | 0.008537 | | | TENDER OPTION BOND TRUST RECEI TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES | 0.008537 | | | TX LDPMFH 04/01/2043 | 0.008436 | | | MET TRANSPRTN AUTH NY REVENUE METROPOLITAN TRANSPORTATION AUTHORITY | 0.008199 | | | UNIV OF CONNECTICUT CT UNIVERSITY OF CONNECTICUT | 0.007886 | | ## JPMorgan Municipal ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | JPMorgan Institutional Tax Free Money Market Fund, Class IM | 0.097030 | | | CA CCEDEV 5 03/01/2036 | 0.009795 | | | OH BUCGEN 5 06/01/2055 | 0.006160 | | | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE | 0.005559 | | | CALIFORNIA COMMUNITY VAR | 0.005521 | | | County of Utah UT | 0.004864 | ✓ | | BLACK BELT ENERGY GAS DISTRICT (MPT) 5.0% 03-01-55 | 0.004780 | | | PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000 | 0.004722 | | | LONG ISLAND PWR-B | 0.004716 | | | MAIN STR NAT GA 5% 12/1/2052 MT | 0.004454 | | | ILLINOIS ST FIN AUTH REVENUE | 0.004077 | | | NORTH CAROLINA HSG FIN AGY HOMEOWNERSHIP REVENUE | 0.003961 | | | CALIFORNIA COMMUNITY VAR | 0.003850 | | | TX SANUTL 02/01/2055 | 0.003786 | | | TX DALAPT 11/01/2050 | 0.003727 | | | WY CAMUTL 3.62 07/15/2039 | 0.003686 | | | MONTGOMERY INDL 0% 10/1/2053 MT | 0.003614 | | | MD HLTH & HGR EDU-B | 0.003474 | | | FRANKLIN HOSP-VAR-REF | 0.003474 | | | District of Columbia, Series 2025A | 0.003453 | | | SALES TAX SECURTZTN-C | 0.003429 | | | LOWER AL GAS DT-A-REF | 0.003418 | | | Harris County Cultural Education Facilities Finance Corp., Series 2024F | 0.003352 | ✓ | | ILLINOIS ST FIN AUTH REVENUE REGD V/R B/E 3.75000000 | 0.003099 | | | Salt River Project Agricultural Improvement & Power District, Series 2025, RB | 0.002951 | | | TX TAREDU 11/15/2064 | 0.002867 | | | TX TXSUTL 01/01/2055 | 0.002816 | | | MAIN STR NAT GA 5% 5/1/2055 MT | 0.002782 | | | OHIO ST UNIV REGD V/R B/E 2.35000000 | 0.002779 | ✓ | | State of Illinois, Series 2025D | 0.002772 | | | MAIN STR NAT GA 5% MT | 0.002753 | | | Grossmont-Cuyamaca Community College District, Election of 2002, Series 2008C | 0.002696 | | | NY TRNSPRTN DEV-AMT | 0.002690 | | | Main Street Natural Gas, Inc., Series 2025B | 0.002651 | | | TN TNSUTL 5 11/01/2034 | 0.002540 | | | NEW YORK MUNI WTR-AA2 | 0.002539 | | | MUNIBOND | 0.002506 | | | NOVELIS CORP (MPT) 5.0% 06-01-55 | 0.002473 | | | OHIO WTR DEV AUTH-A | 0.002470 | | | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE | 0.002394 | | | State of Washington, Various Purpose, Series 2026C | 0.002373 | | | Bergen County Improvement Authority (The), Series 2025 A | 0.002371 | | | RESTRUCTURED-SER A-2 | 0.002367 | | | TOBACCO SETTLEMENT FING CORP N TOBGEN 06/46 FIXED 5 | 0.002342 | | | State of Washington, Series 2026C | 0.002323 | | | State of North Carolina, Series 2019 | 0.002292 | | | MUNIBOND | 0.002286 | | | AL BBEUTL 5 07/01/2033 | 0.002260 | | | Harris County Cultural Education Facilities Finance Corp. (Texas Children's Hospital), Series 2015, VRD RB | 0.002258 | | | STRN UT INDN CO 5% 4/1/2035 | 0.002257 | | ## Sources - N-PORT (fund A) — accession `0002048251-26-004562` (as of 2026-03-31) - N-PORT (fund B) — accession `0002071691-26-009323` (as of 2026-02-28) --- _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 _