# Portfolio overlap — WBND vs S000049313 Comparing **Western Asset Total Return ETF** (2025-06-30) and **MML Dynamic Bond Fund** (2025-03-31). - Shared positions: 120 - Western Asset Total Return ETF covered by MML Dynamic Bond Fund: 0.09945857862982114656976874139 - MML Dynamic Bond Fund covered by Western Asset Total Return ETF: 0.09945857862982114656976874137 ## 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 | | ## MML Dynamic Bond Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | Fixed Income Clearing Corporation | 0.047334 | | | US TREASURY N/B | 0.028805 | | | US TREASURY N/B | 0.011130 | | | FNMA Connecticut Avenue Securities Trust, Series 2022-R04, Class 1M2 | 0.010373 | | | FN 09/50 FIXED VAR | 0.008960 | | | FNR 2021 18 ZG | 0.008842 | | | G2 10/51 FIXED 2.5 | 0.008417 | | | TEVA PHARM. FIN. NE 3.15% | 0.008291 | | | WELLS FARGO CO | 0.007169 | | | BANK OF AMER CRP | 0.007038 | | | WESTERN MIDSTRM | 0.006902 | | | Verus Securitization Trust 2021-R1 | 0.006731 | | | G2SF 5 4/26 | 0.006432 | | | UMBS | 0.006416 | | | FORD MOTOR CO | 0.006341 | | | SR UNSECURED 10/30 7.35 | 0.006267 | | | FNCL 5.5 4/26 | 0.006027 | | | Freddie Mac REMICS | 0.005955 | | | U.S. Treasury Inflation-Protected Indexed Notes | 0.005702 | ✓ | | G2SF 5.5 4/25 | 0.005544 | | | FR SD8174 | 0.005164 | | | ENTERPRISE PRODUCTS OPER REGD 4.15000000 | 0.005130 | | | Uniform Mortgage-Backed Securities | 0.004947 | | | FNCL 6 4/26 | 0.004597 | | | WESTERN MIDSTRM | 0.004320 | ✓ | | FNMA | 0.004296 | | | FED REPUBLIC OF BRAZIL REGD 3.75000000 | 0.004258 | | | CITIGROUP INC | 0.004130 | | | Prime Portfolio | 0.004002 | | | Fannie Mae Pool | 0.003963 | | | FNCL 3 4/26 | 0.003924 | | | PETROBRAS GLOBAL FINANCE REGD SER WI 5.99900000 | 0.003874 | | | US TREASURY N/B | 0.003749 | | | CITIGROUP INC | 0.003705 | ✓ | | GINNIE MAE II POOL G2 787228 | 0.003565 | | | ENERGY TRANSFER | 0.003540 | | | FR SD7555 | 0.003521 | ✓ | | Imperial Fund Mortgage Trust 2021-NQM2 | 0.003495 | | | CCO Holdings, LLC/CCO Holdings Capital Corp. | 0.003474 | | | Government National Mortgage Association | 0.003378 | | | UMBS | 0.003352 | | | FHR 4481 B | 0.003278 | | | T-MOBILE USA INC | 0.003255 | | | VERUS SECURITIZATION TRUST 2021-4 VERUS 2021-4 M1 | 0.003215 | | | JPMORGAN CHASE | 0.003196 | ✓ | | FN MA4422 | 0.003137 | | | US TREASURY N/B | 0.003121 | | | FR RB5153 | 0.003088 | | | CWHL 2007 3 A21 | 0.003047 | | | BANK OF AMER CRP | 0.002954 | ✓ | ## Sources - N-PORT (fund A) — accession `0001752724-25-202250` (as of 2025-06-30) - N-PORT (fund B) — accession `0001398344-25-010769` (as of 2025-03-31) --- _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 _