# Portfolio overlap — THNIX vs FSMB Comparing **Thornburg New Mexico Intermediate Municipal Fund** (2026-03-31) and **First Trust Short Duration Managed Municipal ETF** (2026-04-30). - Shared positions: 2 - Thornburg New Mexico Intermediate Municipal Fund covered by First Trust Short Duration Managed Municipal ETF: 0.01048511852819974218843697194 - First Trust Short Duration Managed Municipal ETF covered by Thornburg New Mexico Intermediate Municipal Fund: 0.01048511852819974218843697194 ## Thornburg New Mexico Intermediate Municipal Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | NEW MEXICO ST FIN AUTH REVENUE | 0.043468 | | | NM MUNI ENERGY ACQ AU | 0.033450 | ✓ | | NEW MEXICO ST HOSP EQUIPMENT L REGD B/E 4.00000000 | 0.031670 | | | VILLAGE OF LOS RANCHOS DE ALBUQUERQUE NM | 0.029778 | | | FARM N MEX PCR 0% 6/1/2040 MT | 0.024795 | ✓ | | TRISTATE INSURED CASH SWEEP | 0.024489 | | | FARMINGTON NM POLL CONTROL REV REGD V/R B/E 3.87500000 | 0.023346 | | | NEW MEXICO ST UNIV | 0.023241 | | | GUAM PWR AUTH REVENUE REGD B/E 5.00000000 | 0.020601 | | | NEW MEXICO ST MTGE FIN AUTH | 0.017427 | | | NEW MEXICO ST MTGE FIN AUTH | 0.017038 | | | NEW MEXICO ST HOSP EQUIPMENT LOAN COUNCIL HOSP REVENUE | 0.017022 | | | NEW MEXICO ST MTGE FIN AUTH | 0.016772 | | | NEW MEXICO ST FIN AUTH REVENUE | 0.016768 | | | SAN JUAN CNTY NM GROSS RECPTS TAX REVENUE | 0.015681 | | | LEA CNTY NM PUBLIC SCH DIST #8 EUNICE | 0.014745 | | | SAN JUAN CNTY NM GROSS RECPTS TAX REVENUE | 0.014707 | | | NEW MEXICO ST MTGE FIN AUTH | 0.014532 | | | NEW MEXICO ST FIN AUTH REVENUE | 0.014234 | | | ALBUQUERQUE NM GROSS RECPTS TAX REVENUE | 0.013964 | | | ALBUQUERQUE NM GROSS RECPTS TAX REVENUE | 0.013782 | | | ALBUQUERQUE NM MUNI SCH DIST #12 | 0.013684 | | | NEW MEXICO ST FIN AUTH REVENUE | 0.013605 | | | RIO RANCHO NM GROSS RECPTS TAX REVENUE | 0.013146 | | | LOVING NM MUNI SCH DIST #10 | 0.012851 | | | NEW MEXICO ST HOSP EQUIPMENT L REGD B/E 4.00000000 | 0.012771 | | | BERNALILLO CNTY NM GROSS RECPTS TAX REVENUE | 0.012661 | | | ALBUQUERQUE NM GROSS RECPTS TAX REVENUE | 0.012634 | | | ALBUQUERQUE NM | 0.012594 | | | SANTA FE CNTY NM | 0.012454 | | | LEA CNTY NM PUBLIC SCH DIST #8 EUNICE | 0.012443 | | | State of New Mexico Severance Tax Permanent Fund, Series 2025, RB | 0.012331 | | | NEW MEXICO FIN AUTH REVENUE | 0.012266 | | | New Mexico State, General Obligation Bonds, Capital Projects Series 2025 | 0.012240 | | | RIO RANCHO NM GROSS RECPTS TAX REVENUE | 0.011955 | | | NEW MEXICO ST MTGE FIN AUTH | 0.011773 | | | UNIV OF NEW MEXICO NM | 0.011611 | | | ALBUQUERQUE NM MUNI SCH DIST #12 | 0.011549 | | | GUAM GVT WTSW 5% 1/1/2046 | 0.011524 | | | NEW MEXICO ST FIN AUTH ST TRANSPRTN REVENUE | 0.011524 | | | SANTA FE NM | 0.011337 | | | NEW MEXICO ST MTGE FIN AUTH | 0.010976 | | | Volterra Public Improvement District, Albuquerque, New Mexico, Special Levy Revenue Bonds, Refunding Series 2024 | 0.010847 | | | NEW MEXICO FIN AUTH REVENUE | 0.010174 | | | NM MFA 4.60% 9/1/2046 | 0.010058 | | | New Mexico Mortgage Finance Authority, Multifamily Housing Revenue Bonds, Mountain View II & III Apartments Project, Series 2023 | 0.009742 | | | ALBUQUERQUE NM TRANSPRTN INFRASTRUCTURE GROSS RECEIPTS TAX | 0.009387 | | | GUAM PWR AUTH REVENUE | 0.008449 | | | MCKINLEY CNTY NM GROSS RECPTS TAX REVENUE | 0.008270 | | | NEW MEXICO ST INSTITUTE OF MINING & TECHNOLOGY | 0.007778 | | ## First Trust Short Duration Managed Municipal ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | Southeast Energy Authority, Alabama, Revenue Bonds Cooperative District Energy Supply Series 2024C | 0.010781 | | | County of Utah UT | 0.008459 | | | OH OHSDEV 11/01/2039 | 0.008131 | | | Wisconsin (State of) Public Finance Authority (Duke Energy Progress), Series 2022, Ref. RB | 0.007243 | | | St. John the Baptist (Parish of), LA (Marathon Oil Corp.), Series 2017, Ref. RB | 0.006812 | | | Main Street Energy, Inc., Series D | 0.006590 | | | Palm Beach (County of), FL Health Facilities Authority (ACTS Retirement-Life Communities, Inc.), Series 2016, Ref. RB | 0.006334 | | | NYC MUNI WTR FIN-BB | 0.005921 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2025A | 0.005890 | | | Black Belt Energy Gas District | 0.005821 | | | BLACK BELT ENERGY GAS VAR | 0.005787 | | | NM MUNI ENERGY ACQ AU | 0.005721 | ✓ | | NEW YORK ST HSG FIN AGY AFFORDABLE HSG REVENUE | 0.005317 | | | LOS ANGELES CA DEPT OF ARPTS A REGD B/E AMT 5.00000000 | 0.005316 | | | ALLEGHENY HOSP DEV-A | 0.005231 | | | WHITING IN ENVRNMNTL FACS REVE REGD V/R B/E AMT 5.00000000 | 0.005204 | | | MD CMNTY DEV-D-2 | 0.005135 | | | UNITED AIRLINES INC 4.0% 07-15-29 | 0.005107 | | | WASTE MANAGEMENT INC (MPT) 3.45% 11-01-44 | 0.005076 | | | NEW YORK NY REGD V/R B/E 2.65000000 | 0.005075 | | | NORTH CAROLINA ST HSG FIN AGYM REGD V/R B/E 5.00000000 | 0.004917 | | | TX TMGUTL 01/01/2054 | 0.004815 | | | FARM N MEX PCR 0% 6/1/2040 MT | 0.004764 | ✓ | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2024B | 0.004620 | | | DFW ARPT 5% 11/1/2031 @ | 0.004612 | | | FLORIDA DEV FIN CORP HLTHCAREFACS REVENUE | 0.004581 | | | City of Atlanta GA Department of Aviation | 0.004563 | | | TN TNSUTL 05/01/2053 | 0.004354 | | | City of Philadelphia PA Airport Revenue | 0.004342 | | | FAIRFAX C VA 5% 1/1/2045 MT | 0.004323 | | | WASTE MANAGEMENT INC (MPT) 3.45% 10-01-41 | 0.004255 | | | NORTH BLOCK ASSOCIATES LLC HUD SECT 8 FHA 221(D)(4) (MPT) 3.4% 02-01-29 | 0.004249 | | | COUNTY OF TRIMBLE KY TRMENV 06/33 FIXED 3.75 | 0.004234 | | | ARKANSAS DEV FIN AUTH ENVIRONM REGD V/R B/E AMT 4.00000000 | 0.004223 | | | MOBILE PCR-VAR-AL PWR | 0.004192 | | | MTRO WA DC ARPT 5% 10/1/2031 @ | 0.004155 | | | LEHIGH PA_IDA 3% 9/1/2029 | 0.004146 | | | INDIANAPOLIS IN LOCAL PUBLIC I REGD N/C B/E AMT 5.00000000 | 0.004125 | | | State of Illinois, Series C | 0.004124 | | | NORTHWESTERN CORP 3.875% 07-01-28 | 0.004114 | | | HOUSTON-UTL SYS-B-REF | 0.004101 | | | DE ST EDA 3.60% 1/1/31 | 0.004093 | | | PEFA INC VAR | 0.004075 | | | TENNERGY CORP TN GAS REVENUE TENNERGY CORP/TN | 0.004035 | | | NY TRANS CORP 5% 1/1/2032 @ | 0.004010 | | | SOUTHEAST ENERGY-F | 0.003984 | | | SOUTHEAST ENERGY AUTH VAR | 0.003963 | | | South Carolina Jobs-Economic Development Authority, Series 2023A | 0.003914 | | | MTRO WA DC ARPT 5% 10/1/2035 @ | 0.003899 | | | NYC HSG DEV CORP-F-2A | 0.003825 | | ## Sources - N-PORT (fund A) — accession `0001410368-26-051177` (as of 2026-03-31) - N-PORT (fund B) — accession `0000940400-26-025147` (as of 2026-04-30) --- _Informational only — not investment advice. 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