# Portfolio overlap — WBND vs HCXSX Comparing **Western Asset Total Return ETF** (2025-06-30) and **The U.S. Corporate Fixed Income Securities Portfolio** (2025-12-31). - Shared positions: 10 - Western Asset Total Return ETF covered by The U.S. Corporate Fixed Income Securities Portfolio: 0.01469271755953158601336730977 - The U.S. Corporate Fixed Income Securities Portfolio covered by Western Asset Total Return ETF: 0.01469271755953158601336730977 ## Western Asset Total Return ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | US TREASURY N/B | 0.036621 | | | FREDDIE MAC POOL FR RA4142 | 0.026521 | | | BNY CASH RESERVE | 0.021667 | | | US TREASURY N/B | 0.017944 | | | UNITED MEXICAN | 0.017035 | | | AERCAP IRELAND | 0.016436 | | | SANDS CHINA LTD | 0.016205 | | | Government National Mortgage Association | 0.015909 | | | Presidencia da Republica | 0.015893 | | | PRXNA 3.061 07/13/31 | 0.014945 | | | REPUBLIC OF COLOMBIA SR UNSECURED 04/32 3.25 | 0.013382 | | | U.S. Treasury Bills | 0.012564 | | | FR SD7555 | 0.011525 | | | LAD AUTO RECEIVABLES TRUST 2024-1 SER 2024-1A CL C REGD 144A P/P 5.64000000 | 0.010301 | | | U.S. Treasury Bills | 0.010094 | | | US TREASURY N/B | 0.010010 | | | MORGAN STANLEY CAPITAL INC MSAC 2004 NC8 M1 | 0.009921 | | | STACR 2022-DNA6 M2 | 0.009210 | | | DC Commercial Mortgage Trust, Series 2023-DC, Class A | 0.008805 | | | ONNI Commerical Mortgage Trust, Series 2024-APT, Class A | 0.008628 | | | MULTIFAMILY PERMANENT MBS | 0.008617 | | | FREDDIE MAC STACR STACR 2022 DNA2 M1B 144A | 0.008585 | | | FNCL 6 7/25 | 0.008570 | | | BANK 2023-BNK45 A5 | 0.008569 | | | BLP COMMERCIAL MORTGAGE TRUST 2023-IND SER 2023-IND CL A V/R REGD 144A P/P 5.37219000 | 0.008452 | | | FNCL 5.5 7/25 | 0.008432 | | | Citigroup Commercial Mortgage Trust, Series 2015-P1, Class C | 0.008253 | | | Freddie Mac Multifamily Structured Pass Through Certificates | 0.008228 | | | FNCL 4.5 7/25 | 0.008067 | | | Wells Fargo Commercial Mortgage Trust, Series 2017-C38, Class A4 | 0.008058 | | | Ginnie Mae II Pool | 0.008019 | | | FN FM7382 | 0.007970 | | | UMBS | 0.007841 | | | G2SF 3.5 7/23 | 0.007667 | | | FNCL 3.5 7/25 | 0.007593 | | | BANK OF AMER CRP | 0.007590 | | | GNMA II POOL 786795 G2 07/53 FIXED 6 | 0.007489 | | | PFP Ltd., Series 2024-11, Class A | 0.007456 | | | Government National Mortgage Association | 0.007328 | | | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION | 0.007165 | | | Government National Mortgage Association Series 2022-63, Class LM | 0.007034 | | | FNCL 2.5 7/25 | 0.006993 | | | Ginnie Mae II Pool | 0.006966 | | | U.S. Treasury Inflation-Protected Indexed Notes | 0.006905 | | | MSBAM 16-C30 A4 2.6% 09-15-49/08-17-26 | 0.006879 | | | FANNIE MAE POOL FN FS5155 | 0.006834 | | | US TREASURY N/B | 0.006810 | | | MF1 MULTIFAMILY HOUSING MORTGA MF1 2022 FL10 A 144A | 0.006723 | | | FNCL 2 7/25 | 0.006677 | | | Freddie Mac Pool | 0.006595 | | ## The U.S. Corporate Fixed Income Securities Portfolio — top positions | Security | Weight | Shared | |----------|--------|--------| | Vanguard Scottsdale Funds INTERMEDIATE-TERM TREASURY | 0.095247 | | | ISHARES US TREASURY BOND ETF | 0.072104 | | | VANGUARD TOTAL CORPORATE BOND FUND | 0.051228 | | | STATE STREET SPDR PORTFOLIO CORPORATE BOND MUTUAL FUND | 0.030328 | | | JPMORGAN CHASE | 0.016851 | | | MORGAN STANLEY | 0.014772 | | | GOLDMAN SACHS GP | 0.014516 | | | COF V5.463 07/26/30 | 0.012581 | | | WELLS FARGO CO | 0.011012 | | | CHARTER COMM OPT | 0.010793 | | | CITIGROUP INC | 0.010645 | | | MARVELL TECH INC | 0.010352 | | | OVINTIV INC | 0.010202 | | | CITIGROUP INC | 0.009970 | | | BROWN & BROWN | 0.009066 | | | GEN MOTORS FIN | 0.008957 | | | VERIZON COMM INC | 0.008747 | ✓ | | BANK OF AMER CRP | 0.008551 | | | JPMORGAN CHASE | 0.008483 | | | BANK OF AMER CRP | 0.008357 | | | BRITISH TELECOMM | 0.007756 | | | BANK OF AMER CRP | 0.007733 | ✓ | | ET 7.375 02/01/31 144A | 0.007637 | | | RADIAN GROUP INC REGD 4.87500000 | 0.007622 | | | CVS HEALTH CORP | 0.007618 | | | BUNGE LTD FINANCE CORP REGD SER WI 5.25000000 | 0.007539 | | | APTIV SWISS HOLD | 0.007533 | | | LINCOLN NATL CRP | 0.007493 | | | PROGRESS ENERGY | 0.007429 | | | APPLE INC | 0.007068 | | | CONSTELLATION BR | 0.007049 | | | DELTA AIR LINES | 0.006871 | | | PNC FINANCIAL | 0.006858 | | | AT&T INC | 0.006648 | | | ATMOS ENERGY CORP | 0.006582 | | | FEDEX 2020-1 AA | 0.006537 | | | NWSA 3.875 05/15/29 144A | 0.006476 | | | AMERICAN EXPRESS | 0.006456 | | | BARCLAYS PLC | 0.006442 | | | WELLS FARGO CO | 0.006213 | | | ANHEUSER-BUSCH | 0.006185 | | | COMCAST CORP | 0.006113 | | | ABBVIE INC | 0.006016 | | | CSL 2.2 03/01/32 | 0.005810 | | | DELL INT / EMC | 0.005772 | | | UNITED TECH CORP | 0.005711 | ✓ | | MORGAN STANLEY | 0.005557 | | | TRUIST FINANCIAL | 0.005551 | | | FRANCE TELECOM | 0.005495 | | | NATL RURAL UTIL | 0.005285 | | ## Sources - N-PORT (fund A) — accession `0001752724-25-202250` (as of 2025-06-30) - N-PORT (fund B) — accession `0001004726-26-001167` (as of 2025-12-31) --- _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 _