# Portfolio overlap — UTEIX vs THIMX Comparing **Victory Tax Exempt Intermediate-Term Fund** (2026-02-28) and **Thornburg Intermediate Municipal Fund** (2026-03-31). - Shared positions: 36 - Victory Tax Exempt Intermediate-Term Fund covered by Thornburg Intermediate Municipal Fund: 0.03403539303839904193343210337 - Thornburg Intermediate Municipal Fund covered by Victory Tax Exempt Intermediate-Term Fund: 0.03403539303839904193343210335 ## Victory Tax Exempt Intermediate-Term Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | PORT PORT ARTHUR TX NAV DIST VAR-MOTIVA ENTERPRISES PJ-A | 0.010469 | | | MO ENVIRON IMP 2.9% 9/1/2033 | 0.008458 | | | REGIONAL TRANSPORTATION AUTHORITY | 0.008398 | | | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE | 0.007832 | | | PENNSYLVANIA TURNPIKE COMMISSION | 0.007133 | | | CHICAGO IL BRD OF EDU | 0.007114 | | | N TX HWY CABS-REF-1ST | 0.006635 | | | Black Belt Energy Gas District, Series 2025 A | 0.006220 | | | LOWER AL GAS DIST GAS PROJ REVENUE | 0.005862 | | | Southeast Energy Authority, Alabama, Commodity Supply Revenue Bonds, Project 5, Series 2023A | 0.005685 | | | COUNTY OF TRIMBLE KY TRMENV 06/33 FIXED 3.75 | 0.005390 | | | IOWA FINANCE AUTHORITY | 0.005372 | | | N TX TOLLWAY AUTH REVENUE NRTTRN 01/43 FIXED 4 | 0.005024 | | | ILLINOIS ST FIN AUTH WTR FAC R REGD V/R B/E 2.45000000 | 0.004870 | | | GREAT LAKES WATER AUTHORITY WATER SUPPLY SYSTEM RE | 0.004843 | | | TENNERGY CORP TN GAS REVENUE TGYPWR 10/53 ADJUSTABLE VAR | 0.004836 | | | PORT OF PORT ARTHUR TX NAV DIST | 0.004832 | ✓ | | LOUISIANA PUBLIC FACILITIES AUTHORITY | 0.004791 | | | STATE PUBLIC SCH BLDG AUTH PASCH REVENUE | 0.004697 | | | IL CHITRN 5.25 01/01/2048 | 0.004656 | | | PORT PORT ARTHUR TEX NAV DIST MOTIVA ENTERPRISES-C | 0.004544 | | | UNIVERSITY OF ILLINOIS AUXILIARY FACILITIES SYSTEM 4.0% 04-01-33 | 0.004440 | | | REGIONAL TRANSPORTATION AUTHORITY | 0.004224 | | | INDIANA FINANCE AUTHORITY | 0.004142 | | | COUNTY OF ALLEN OH HOSPITAL FACILITIES REVENUE | 0.003900 | | | TEXAS ST MUNI GAS ACQUISITION TXSUTL 12/30 FIXED 5 | 0.003788 | | | MA ST DEV FIN -J2 | 0.003645 | | | PHOENIX AZ INDL DEV AUTH EDU REVENUE | 0.003635 | | | ST PUB SCH BLDG-A-REF | 0.003624 | | | ILLINOIS ST EDUCTNL FACS AUTH | 0.003573 | | | MIAMI-DADE COUNTY EXPRESSWAY AUTHORITY | 0.003562 | | | WESTLAKE CORP 3.5% 11-01-32 | 0.003555 | | | SCHOOL DISTRICT OF PHILADELPHIA THE | 0.003554 | | | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE | 0.003510 | | | MET TRANSPRTN AUTH NY REVENUE | 0.003504 | | | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE | 0.003501 | | | Tender Option Bond Trust Receipts/Certificates | 0.003497 | | | ARLINGTON TX HGR EDU FIN CORP REGD OID B/E PSF-GTD 4.00000000 | 0.003487 | | | Tender Option Bond Trust Receipts/Certificates | 0.003460 | | | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE | 0.003433 | | | COUNTY OF BROWARD FL TOURIST DEVELOPMENT TAX REVEN | 0.003386 | | | NY MTA TRANSP 4% 11/15/2035 | 0.003278 | | | Chester (County of), PA Industrial Development Authority (University Student Housing, LLC at West Chester University of Pennsylvania) | 0.003263 | | | TX EXXON 12 G=EXXON V1 | 0.003202 | ✓ | | LOUISIANA PUBLIC FACILITIES AUTHORITY | 0.003181 | | | PUBLIC SERVICE CO OF NEW MEXICO 2.15% 04-01-33 | 0.003175 | | | CHESTER COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY | 0.003175 | | | CO ST HLTH FACS AUTH | 0.003073 | | | CITY OF SPRINGFIELD IL | 0.003027 | | | CITYPLACE COMMUNITY DEVELOPMENT DISTRICT | 0.003015 | | ## Thornburg Intermediate Municipal Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | MS BUS FIN-G-CHEVRON | 0.019901 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2024A-1 | 0.012712 | | | OHIO ST HGR EDUCTNL FAC COMMISSION | 0.011233 | | | BLACK BELT ENERGY GAS DISTRICT (MPT) 5.0% 03-01-55 | 0.010683 | | | TN ENERGY ACQ CORP-A | 0.010041 | | | PATRIOTS EN GRP 5.25% MT | 0.008228 | ✓ | | COLORADO ST HLTH FACS AUTH REV REGD B/E 5.00000000 | 0.007466 | | | WISCONSIN ST HSG & ECON DEV AUTH HOME OWNERSHIP REVENUE | 0.007297 | | | WISE VA IDA SW 3.8% MT | 0.007183 | | | CENTRL VLY CA ENERGY AUTH COMM REGD V/R B/E 5.00000000 | 0.006943 | | | MAIN STR NAT GA 5% MT | 0.006832 | | | OHIO VALLEY ELECTRIC CORP 4.25% 11-01-30 | 0.006666 | | | NORTH DAKOTA ST HSG FIN AGY | 0.006170 | | | GO Refunding Bonds Series 2017A | 0.006127 | | | NEW YORK NY REGD V/R B/E 2.50000000 | 0.006112 | | | NYC-F-5 | 0.005986 | | | Black Belt Energy Gas District, Series 2025 G | 0.005681 | ✓ | | Chandler Industrial Development Authority, Series 2019 | 0.005621 | | | Wisconsin (State of) Public Finance Authority (Wakemed Hospital), Series 2019 A, Ref. RB | 0.005614 | | | Public Energy Auth. of Kentucky Gas Supply Rev. Refg. C | 0.005531 | ✓ | | TEXAS ST MUNI GAS ACQUISITION& TEXAS MUNICIPAL GAS ACQUISITION & SUPPLY CORP IV | 0.005297 | | | PATRIOTS EN GRP 5.25% MT | 0.005176 | | | PENNSYLVANIA ST ECON DEV FING REGD B/E AMT 5.50000000 | 0.005105 | | | NY MTA TRANSP 5% 11/15/2031 | 0.005095 | | | Southeast Energy Authority, Alabama, A Cooperative District Energy Supply Revenue Bonds Series 2024A | 0.005015 | ✓ | | SALT LAKE CITY UT ARPT REVENUE | 0.004703 | | | Connecticut (State of), Series 2018, GO Bonds | 0.004563 | | | San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2019 A, RB | 0.004487 | | | UAB MEDICINE FIN AUTH AL REVENUE | 0.004421 | | | SAN MATEO CALIF SPL TAX | 0.004368 | | | PEFA INC VAR | 0.004353 | | | TX MUNI GAS ACQ VI | 0.004348 | | | Southeast Alabama Gas Supply District (The), Series A | 0.004308 | | | IL ST 5% 3/1/2036 | 0.004306 | | | MAIN STR NAT GA 5% MT | 0.004270 | ✓ | | Black Belt Energy Gas District, Series F | 0.004260 | | | SOUTHEAST ENRG 5% MT | 0.004243 | | | Main Street Natural Gas, Inc., Series 2025B | 0.004239 | | | ILLINOIS ST SALES TAX REVENUE | 0.004231 | | | NJ TRANSPRTN TRUST-A | 0.004228 | | | Connecticut (State of), Series 2018 A, GO Bonds | 0.004214 | | | Miami-Dade County Housing Finance Authority 4.95% 11/01/2041 | 0.004212 | | | Main Street Natural Gas, Inc., Series 2019A | 0.004187 | | | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE | 0.004181 | | | MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION | 0.004170 | | | SCHOOL DISTRICT OF PHILADELPHIA AG ST AID WITHHLDG 5.0% 06-01-27 | 0.004164 | | | MAIN STR NAT GA 5% MT | 0.004159 | | | TN TNSUTL 05/01/2053 | 0.004138 | | | KY EDFA HOSP 5% 8/15/2041 | 0.004065 | ✓ | | Harris County Cultural Education Facilities Finance Corp. (Memorial Hermann Health System), Series 2016, RB | 0.004059 | | ## Sources - N-PORT (fund A) — accession `0001004726-26-003001` (as of 2026-02-28) - N-PORT (fund B) — accession `0001410368-26-051181` (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 _