# Portfolio overlap — WBND vs JSIAX Comparing **Western Asset Total Return ETF** (2025-06-30) and **JPMorgan Unconstrained Debt Fund** (2025-08-31). - Shared positions: 28 - Western Asset Total Return ETF covered by JPMorgan Unconstrained Debt Fund: 0.02174932492056968130631250972 - JPMorgan Unconstrained Debt Fund covered by Western Asset Total Return ETF: 0.02174932492056968130631250971 ## 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 | | ## JPMorgan Unconstrained Debt Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | JPMorgan Prime Money Market Fund, Institutional Class | 0.071775 | | | G2SF 5 10/25 | 0.040853 | | | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION | 0.025641 | | | G2SF 5.5 10/25 | 0.021381 | | | Government National Mortgage Association, TBA | 0.015015 | | | MEXICO UNITED MEXICAN STATES 8.5% 02/28/2030 | 0.010786 | | | FNMA UMBS, 30 Year | 0.010199 | | | FNMA UMBS, 30 Year | 0.007401 | | | Presidencia da Republica | 0.006407 | ✓ | | Urzad Rady Ministrow | 0.005457 | | | MEXICAN BONOS MXN 7.75% 05-29-31 | 0.005345 | | | MEXICAN BONOS MXN 8.0% 05-24-35 | 0.004832 | | | Republic of Indonesia, The Government of, The | 0.004788 | | | A10 Revolving Asset Financing I LLC, Series 2012-RAF1, Class B | 0.004767 | | | South Africa, Parliament of | 0.004469 | | | PMT Loan Trust, Series 2025-J1, Class A1 | 0.004271 | | | CZECH REPUBLIC GOVERNMENT BOND CZK 3.5% 05-30-35 | 0.004248 | | | JAPAN GOVT 30-YR | 0.003806 | | | JERSEY CENTRAL PWR + LT SR UNSECURED 144A 03/32 2.75 | 0.003703 | | | Dryden CLO Ltd., Series 2019-68A, Class ARR | 0.003495 | | | TURKIYE GOVERNMENT BOND TRY 36.0% 08-12-26 | 0.003469 | | | MORGAN STANLEY | 0.003351 | | | INTESA SANPAOLO SPA 6.625% 06/20/2033 144A | 0.003337 | | | MULTIFAMILY CONNECTICUT AVENUE SECUR SER 2020-01 CL M10 V/R REGD 144A P/P 7.93628000 | 0.003334 | | | LCM LTD PARTNERSHIP LCM 31A AR 144A | 0.003260 | | | American Credit Acceptance Receivables Trust, Series 2025-1, Class D | 0.003167 | | | Voya CLO Ltd., Series 2022-1A, Class BR | 0.003046 | | | Urzad Rady Ministrow | 0.002995 | | | Avolon Holdings Funding Ltd. | 0.002931 | | | BX Trust, Series 2022-LBA6, Class A | 0.002701 | | | Palmer Square CLO Ltd., Series 2021-2A, Class BR | 0.002629 | | | OCP Aegis CLO Ltd., Series 2025-41A, Class B1 | 0.002627 | | | BROADCOM INC | 0.002621 | | | AFFRM 2024-B A 144A 4.62% 09-15-29 | 0.002617 | | | Enbridge Inc., Series NC5 | 0.002568 | | | FNMA UMBS, 30 Year | 0.002547 | | | CITIGROUP INC | 0.002520 | | | Urzad Rady Ministrow | 0.002515 | | | CZECH REPUBLIC GOVERNMENT BOND CZK 4.9% 04-14-34 | 0.002409 | | | Progress Residential Trust, Series 2021-SFR9, Class A | 0.002401 | | | American Credit Acceptance Receivables Trust, Series 2022-2, Class F | 0.002362 | | | BHMS Commercial Mortgage Trust, Series 2025-ATLS, Class A | 0.002351 | | | MORGAN STANLEY | 0.002345 | | | Sequoia Mortgage Trust, Series 2025-7, Class A1 | 0.002339 | | | WELLS FARGO CO | 0.002308 | ✓ | | FirstKey Homes Trust, Series 2022-SFR2, Class F1 | 0.002305 | | | FR SD8342 | 0.002272 | | | NZES 2024-FNT1 A | 0.002269 | | | UBS GROUP | 0.002254 | | | GOLDMAN SACHS GP | 0.002244 | | ## Sources - N-PORT (fund A) — accession `0001752724-25-202250` (as of 2025-06-30) - N-PORT (fund B) — accession `0002071691-25-004160` (as of 2025-08-31) --- _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 _