# Portfolio overlap — WMFDX vs FSMUX Comparing **Allspring Municipal Bond Fund** (2026-03-31) and **Strategic Advisers Municipal Bond Fund** (2026-02-28). - Shared positions: 300 - Allspring Municipal Bond Fund covered by Strategic Advisers Municipal Bond Fund: 0.06125870536416254201524688516 - Strategic Advisers Municipal Bond Fund covered by Allspring Municipal Bond Fund: 0.06125870536416254201524688516 ## Allspring Municipal Bond Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | REGL TRANSPRTN DIST CO SALES TAX REVENUE | 0.005917 | | | NV CLA 5 05/01/2048 | 0.005880 | ✓ | | PORT OF PORTLAND OR ARPT REVENUE | 0.005698 | | | San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2016, RB | 0.005602 | ✓ | | SOUTHEST ENERGY (BP) 5.25% 11/1/35 MT | 0.005595 | | | NORTHWEST TX INDEP SCH DIST | 0.005361 | | | TX TRANSPRTN FIN-A | 0.004980 | | | TX WTR DEV BRD-B | 0.004893 | | | Metropolitan Pier & Exposition Authority, Series 2002 A | 0.004853 | ✓ | | Fairfax (County of), VA Industrial Development Authority (Inova Health System), Series 2024, RB | 0.004750 | | | Tender Option Bond Trust Receipts/Certificates | 0.004612 | ✓ | | NEW YORK NY REGD B/E 5.25000000 | 0.004463 | | | MAIN STR NAT GA 0% 8/1/2052 | 0.004201 | | | NE CENPWR 08/01/2055 | 0.003945 | ✓ | | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE | 0.003872 | | | PORT OF PORTLAND OR ARPT REVENUE | 0.003643 | ✓ | | TAMPA BAY WTR -A | 0.003629 | | | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES | 0.003588 | | | ILLINOIS ST FIN AUTH REVENUE REGD B/E 5.00000000 | 0.003483 | ✓ | | COLO SPGS UTIL 5.25% 11/15/2054 | 0.003380 | ✓ | | TN TGYPWR 12/01/2051 | 0.003379 | | | ARKANSAS DEV FIN AUTH ENVIRONM REGD V/R B/E AMT 4.00000000 | 0.003266 | | | MI ST BLDG AUTH 24-I V7 | 0.003258 | | | Main Street Natural Gas, Inc., Series 2025B | 0.003023 | | | Southeast Energy Authority, Alabama, Commodity Supply Revenue Bonds, Project 5, Series 2023A | 0.003020 | ✓ | | Hillsborough County Aviation Authority, Series B | 0.002979 | ✓ | | MIAMI-DADE CO-A | 0.002946 | | | Public Energy Auth. of Kentucky Gas Supply Rev. Refg. C | 0.002910 | ✓ | | WA PTSGEN 5.25 07/01/2049 | 0.002851 | | | BLACK BELT-SER-C | 0.002779 | ✓ | | BLACK BELT ENERGY GAS VAR | 0.002779 | ✓ | | BAY AREA TOLL-VAR A | 0.002716 | ✓ | | NYC TRANSITIONAL FIN | 0.002674 | ✓ | | KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG | 0.002660 | | | PA CMNGEN 4 06/01/2039 | 0.002656 | | | ALLSPRING GOVERNMENT MONEY MAR | 0.002633 | | | City of Chicago, Series 2024A | 0.002623 | | | NEW YORK NY | 0.002600 | | | NORTHWESTERN MEMORIAL HEALTHCARE OBLIGATED GROUP 4.0% 07-15-47 | 0.002549 | ✓ | | Metropolitan Pier & Exposition Authority | 0.002541 | | | INTERMOUNTAIN HEALTHCARE OBLIGATED GROUP 4.0% 05-15-52 | 0.002526 | | | CHICAGO TRANSIT AUTHORITY SALES TAX RECEIPTS FUND 5.0% 12-01-46 | 0.002484 | | | SOUTHEAST ENERGY-E | 0.002444 | ✓ | | TN TNSUTL 5 12/01/2035 | 0.002439 | ✓ | | Black Belt Energy Gas District, Series 2025, RB | 0.002436 | | | SOUTHEAST ALA PREP 5% MT | 0.002425 | | | HOUSTON TX REGD B/E 5.25000000 | 0.002419 | | | PROJECTNEW YORK TRANS | 0.002401 | ✓ | | Hillsborough (County of), FL Aviation Authority (Tampa International Airport), Series 2018 F, RB | 0.002397 | | | Village of Mount Pleasant WI, Series 2018 A, RB | 0.002380 | | ## Strategic Advisers Municipal Bond Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | Allspring Municipal Bond Admin | 0.062004 | | | Vanguard Long-Term Tax-Exempt Adm | 0.049776 | | | Franklin Federal Tax Free Income R6 | 0.047046 | | | MONEY MARKET FUND | 0.034566 | | | ISHARES NATIONAL MUNI BOND ETF ISHARES NATIONAL MUNI BOND E | 0.023140 | | | VANGUARD TAX-EXM | 0.022249 | | | DWS Managed Municipal Bond S | 0.021939 | | | FIDELITY SAI ENHANCED MUNICIPAL INCOME FUND | 0.018581 | | | BlackRock National Municipal Inv A | 0.018563 | | | Eaton Vance National Municipal Income I | 0.017475 | | | American High-Income Municipal Bond F-2 | 0.011155 | | | Fidelity Municipal Cash Central Fund | 0.005735 | | | Invesco Government & Agency Portfolio, Institutional Class | 0.002884 | | | MAIN STR NAT GA 4% 07/01/2052 MT | 0.002683 | ✓ | | PUERTO RICO SALES TAX FING COR REGD OID B/E 4.75000000 | 0.002428 | | | OH BUCGEN 5 06/01/2055 | 0.002360 | | | SOUTHEAST ENERGY-E | 0.002257 | ✓ | | TN TNSUTL 5 12/01/2035 | 0.002043 | ✓ | | Public Energy Auth. of Kentucky Gas Supply Rev. Refg. C | 0.001505 | ✓ | | California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 C, RB | 0.001454 | ✓ | | Puerto Rico Commonwealth Aqueduct & Sewer Authority, Series A | 0.001442 | | | CHICAGO ILLIN 6% 4/1/2046 | 0.001354 | | | MUNIBOND | 0.001309 | ✓ | | PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000 | 0.001305 | | | MAIN STR NAT GA(RCC) 5% 9/1/30MT 53 | 0.001184 | | | TX TTFTRN 5.5 10/01/2055 | 0.001173 | | | TN TNSUTL 5 11/01/2034 | 0.001152 | | | NY TRANS CORP(JFK INT NEW ONE)/AGM 5.13% 6/30/60@ | 0.001144 | | | Southeast Energy Authority, Alabama, Revenue Bonds Cooperative District Energy Supply Series 2024C | 0.001139 | ✓ | | NEW YORK ST URBAN DEV CORP SALES TAX REVENUE | 0.001125 | | | NY NYEFAC 07/01/2056 | 0.001115 | | | San Francisco City & County Airport Comm-San Francisco International Airport | 0.001099 | | | LOWER AL GAS DT-A-REF | 0.001083 | | | State of Illinois, Series D | 0.001075 | | | TOBACCO SETTLEMENT FING CORP N TOBGEN 06/46 FIXED 5 | 0.001074 | | | WI PUBTRN 5.75 12/31/2065 | 0.001045 | | | PENNSYLVANIA ST ECON DEV FING REGD OID B/E AMT 5.25000000 | 0.001038 | | | STATE OF ILLINOIS MCCORMICK PLACE EXPANSION PROJECT FUND 4.0% 06-15-52 | 0.001038 | | | PENNSYLVANIA ST ECON DEV FING REGD B/E AMT 5.75000000 | 0.001030 | ✓ | | Puerto Rico, General Obligation Bonds, Vintage CW NT Claims Taxable Series 2022 | 0.001029 | | | MAIN STR NAT GA 4% 9/1/2052 | 0.001029 | | | Southeast Energy Authority, Alabama, Revenue Bonds, Cooperative District Energy Supply Series 2025B | 0.001029 | | | MAIN STR NAT GA 5% MT | 0.001019 | ✓ | | Black Belt Energy Gas District, Series D-1 | 0.001016 | | | TX TXSUTL 01/01/2055 | 0.000972 | | | PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000 | 0.000960 | | | NEW YORK ST DO 5% 3/15/2041 | 0.000956 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB | 0.000939 | | | California Community Choice Financing Authority, Series 2025G | 0.000936 | ✓ | | NY TRNSPRTN DEV CRP-A | 0.000934 | ✓ | ## Sources - N-PORT (fund A) — accession `0001410368-26-052374` (as of 2026-03-31) - N-PORT (fund B) — accession `0000035402-26-002694` (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 _