# Portfolio overlap — TTCAX vs VCITX Comparing **Tax-Exempt Fund of California** (2026-01-31) and **VANGUARD CALIFORNIA LONG-TERM TAX-EXEMPT FUND** (2026-02-28). - Shared positions: 196 - Tax-Exempt Fund of California covered by VANGUARD CALIFORNIA LONG-TERM TAX-EXEMPT FUND: 0.1213584181102874585589600944 - VANGUARD CALIFORNIA LONG-TERM TAX-EXEMPT FUND covered by Tax-Exempt Fund of California: 0.1213584181102874585589600942 ## Tax-Exempt Fund of California — top positions | Security | Weight | Shared | |----------|--------|--------| | CALIFORNIA COMMUNITY VAR | 0.009774 | ✓ | | CALIFORNIA COMMUNITY VAR | 0.008973 | ✓ | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB | 0.008872 | ✓ | | CA STWD CMNTYS DEV-B | 0.008689 | ✓ | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB | 0.008634 | ✓ | | CHEVRON USA INC FRN 11-01-35 | 0.008435 | | | CALIFORNIA COMMUNITY VAR | 0.008246 | ✓ | | CHEVRON USA INC FRN 11-01-35 | 0.008003 | | | California (State of) Housing Finance Agency, Series 2019 A-2, RB | 0.007416 | ✓ | | BAY AREA TOLL AUTHORITY FRN 04-01-59 | 0.007098 | ✓ | | California (State of) Housing Finance Agency, Series 2021-1A, Revenue Ctfs. | 0.006763 | ✓ | | California Community Choice Financing Authority, Series F | 0.006717 | ✓ | | California Community Choice Financing Authority, Series 2026 A-1 | 0.006695 | ✓ | | New Hampshire Business Finance Authority, Series 4, Class A | 0.006255 | ✓ | | Los Angeles (City of), CA, Series 2025, RN | 0.005767 | | | California (State of) Housing Finance Agency (Social Certificates), Series 2021 A, RB | 0.005392 | ✓ | | California Community Choice Financing Authority, Series C | 0.004847 | ✓ | | California (State of) Housing Finance Agency (Social Certificates), Series 2023-1, RB | 0.004700 | ✓ | | CITY OF PASADENA CA FRN 02-01-35 | 0.004641 | | | NRTHRN CA ENRGY | 0.004598 | ✓ | | California Community Choice Financing Authority, Series 2025G | 0.004518 | ✓ | | REPUBLIC SERVICES INC (MPT) 4.375% 09-01-53 | 0.004446 | | | Puerto Rico, General Obligation Bonds, Clawback Highway Transportation Authority Claims Taxable Series 2022 | 0.004311 | ✓ | | CALIFORNIA STATEWIDE COM 2.62% 06-04-26 | 0.004279 | | | SACRAMENTO USD-C | 0.004169 | | | CA MUN FIN AUTH-A-1 | 0.004128 | ✓ | | WASTE MANAGEMENT INC (MPT) 2.4% 10-01-44 | 0.004011 | | | UNIV OF CALIFORNIA REVENUES | 0.003907 | | | UNITED AIRLINES INC 4.0% 07-15-29 | 0.003890 | | | CENTRL VLY CA ENERGY AUTH COMM REGD V/R B/E 5.00000000 | 0.003866 | ✓ | | CA STWD 5% 11/1/2041 | 0.003803 | | | SAN DIEGO COUNTY REGIONAL AIRP SDGAPT 07/56 FIXED 4 | 0.003687 | | | SAN FRANCISCO PUB-D | 0.003638 | | | California Community Choice Financing Authority, Series B | 0.003395 | ✓ | | REPUBLIC SERVICES INC (MPT) 3.875% 03-01-54 | 0.003343 | | | CALIFORNIA INFRASTRUCTURE & ECONOMIC DEVELOPMENT BK INFRASTRUCTURE ST REVOLVING 4.0% 10-01-48 | 0.003331 | | | San Francisco City & County Airport Comm-San Francisco International Airport, Series 2025D | 0.003326 | | | SAN JOSE WATER CO 4.75% 11-01-46 | 0.003217 | | | CHF-RIVERSIDE I LLC 5.0% 05-15-52 | 0.003197 | | | UNIV OF CALIFORNIA CA RGTS MED CENTER POOLED REVENUE | 0.003148 | | | Puerto Rico, General Obligation Bonds, Vintage CW NT Claims Taxable Series 2022 | 0.003006 | ✓ | | SACRAMENTO USD-A | 0.002980 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB | 0.002929 | | | O'CONNOR WOODS HOUSING CORP CA MTG INS 4.0% 01-01-43 | 0.002928 | | | CSCDA COMMUNITY IMPROVEMENT AUTHORITY UNION SOUTH BAY 4.0% 07-01-56 | 0.002854 | | | Santa Monica-Malibu Unified School District (Election of 2024), Series 2025, GO Bonds | 0.002815 | | | UNIV OF CALIFORNIA CA REVENUES | 0.002802 | ✓ | | CALIFORNIA COMMUNITY VAR | 0.002771 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2023, RB | 0.002747 | ✓ | | CLINICAS DEL CAMINO REAL INC 4.0% 03-01-50 | 0.002724 | | ## VANGUARD CALIFORNIA LONG-TERM TAX-EXEMPT FUND — top positions | Security | Weight | Shared | |----------|--------|--------| | BAY AREA TOLL-H | 0.011018 | | | CALIFORNIA COMMUNITY VAR | 0.010338 | ✓ | | STHRN CALIFORNIA ST | 0.009644 | | | California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 D, RB | 0.008405 | | | JPM-PUTTERS-MIZ9119 | 0.007517 | | | CALIFORNIA COMMUNITY VAR | 0.007237 | ✓ | | California (State of) Enterprise Development Authority (Riverside County-Mead Valley Wellness Village), Series 2024, RB | 0.006995 | | | CA PUB FIN AUTH-B1 | 0.006311 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2022 A-1, RB | 0.006008 | | | ELSINORE VLY MUNI-A | 0.005818 | | | TNDR OPT-FLTRS-XG0100 | 0.005682 | | | STATE OF CALIFORNIA 5.0% 09-01-41 | 0.005465 | | | UNIV OF CALIFORNIA CA REVENUES | 0.005387 | | | UNIV OF CALIFORNIA-Q | 0.005271 | | | NRTHRN CA ENRGY | 0.005117 | ✓ | | San Diego Community College District, Series A-1 | 0.005087 | | | CALIFORNIA COMMUNITY VAR | 0.004982 | ✓ | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB | 0.004955 | ✓ | | CALIFORNIA COMMUNITY VAR | 0.004793 | ✓ | | CALIFORNIA ST HLTH FACS FING A CASMED 08/48 FIXED 4 | 0.004694 | | | UNIV OF CALIFORNIA CA REVENUES REGD B/E 5.00000000 | 0.004600 | | | UNIV OF CALIFORNIA REVENUES | 0.004599 | | | UNIV OF CALIFORNIA CA REVENUES REGD B/E 5.00000000 | 0.004394 | | | CALIFORNIA ST EDUCTNL FACS AUTH REVENUE | 0.004346 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2023, RB | 0.004341 | ✓ | | State of California 5.00% 09/01/2042 | 0.004326 | | | California Community Choice Financing Authority, Series B-1 | 0.004280 | | | California (State of) Community Choice Financing Authority (Green Bonds), Series 2023, RB | 0.004226 | | | STATE OF CALIFORNIA | 0.004183 | | | UNIV OF CALIFORNIA CA REVENUES UNVHGR 05/52 FIXED 5 | 0.004004 | | | LOS ANGELES DEPT WTR | 0.003879 | | | California (State of) Housing Finance Agency, Series 2021-1A, Revenue Ctfs. | 0.003794 | ✓ | | CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.003776 | | | California Community Choice Financing Authority, Series C | 0.003768 | ✓ | | Bay Area Toll Authority, Series 2023 A, VRD Ref. RB | 0.003717 | | | HAYWARD UNIFIED SD-B | 0.003712 | | | HAYWARD | 0.003565 | | | California Community Choice Financing Authority, Series F | 0.003527 | | | UNIV OF CA REGENTS -P | 0.003506 | | | California Community Choice Financing Authority, Series 2025G | 0.003479 | ✓ | | CA PUB FIN AUTH-A-1 | 0.003474 | | | CA ST UNIV-A-REF | 0.003436 | | | Los Angeles County Public Works Financing Authority, Series 2024H | 0.003394 | | | San Francisco Community College District, Series B | 0.003381 | ✓ | | CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.003330 | | | California (State of) Housing Finance Agency, Series 2019 A-2, RB | 0.003288 | ✓ | | E CO AWP JT PWRS-A-1 | 0.003267 | | | Bay Area Toll Authority, Series 2018A | 0.003258 | | | LOS ANGELS WTR & PWR- | 0.003257 | ✓ | | UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.00000000 | 0.003167 | | ## Sources - N-PORT (fund A) — accession `0001193125-26-130882` (as of 2026-01-31) - N-PORT (fund B) — accession `0000783401-26-000074` (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 _