FLCO vs DBND overlap

FLCO and DBND overlap 0.5% by weight, across 13 shared holdings.

FLCODBND

Pick 2 to 4 ETFs.

0.5%

overlap by weight, across 13 shared holdings

FLCO4.5% of the fund is in shared holdings, of 226

DBND0.5% of the fund is in shared holdings, of 1,240

Top shared holdings

Holding	FLCO	DBND	Overlap
Vertiv Group COR	0.23%	0.11%	0.11%
Citigroup Inc.	0.62%	0.06%	0.06%
Beacon Point DC LLC 6.129% 11/30/2042 144AHUTBPA	0.22%	0.06%	0.06%
MARS Inc.MARS	0.30%	0.06%	0.06%
Marvell Tech Inc.MRVL	0.11%	0.04%	0.04%
Royal CaribbeanRCL	0.24%	0.04%	0.04%
Bank of AMER CRP	0.35%	0.03%	0.03%
GATX 4.625 04/15/31 144A	0.09%	0.03%	0.03%
Viper Energy PARVNOM	0.20%	0.03%	0.03%
JPMorgan ChaseJPM	0.28%	0.03%	0.03%
VSP Optical GROUVSPOPT	0.16%	0.02%	0.02%
Spirit Aerosyste	0.86%	0.02%	0.02%
Truist Financial	0.90%	0.01%	0.01%

Overlap by weight adds up the smaller weight of each holding the funds share, so 100% means identical portfolios. Long securities only: derivatives and cash vehicles are left out. Sources: FLCO, SEC Form N-PORT, June 30, 2026; DBND, SEC Form N-PORT, June 30, 2026.

institutions report holding both, of 131 holding any

FLCO12.7% of its 13F dollars, 33.3% of its 45 holders

DBND23.0% of its 13F dollars, 14.8% of its 101 holders

Largest institutions holding both

Firm	FLCO	DBND
Envestnet Asset Management Inc.	$5.1M	$32.1M
Raymond James Financial Inc.	$419K	$35.7M
UBS Group AG	$15K	$29.5M
Morgan Stanley	$25.6M	$2.3M
Bank of America Corp.	$21.0M	$2.0M
Aptus Capital Advisors, LLC	$107	$14.0M
MML Investors Services, LLC	$1.6M	$10.7M
Sanctuary Advisors, LLC	$9.6M	$283K
Osaic Holdings, Inc.	$573K	$4.8M
Citadel Advisors LLC	$3.8M	$810K
LPL Financial LLC	$2.6M	$1.7M
JPMorgan Chase & Co	$2.8M	$22K
O'SHAughnessy Asset Management, LLC	$1.4M	$971K
Royal Bank of Canada	$220K	$1.3M
Steward Partners Investment Advisory, LLC	$306K	$23K

This compares who owns the funds, not what the funds hold. From SEC Form 13F, for managers with $100M+ in US securities.

Who owns them: FLCO institutional holders, DBND institutional holders.

Frequently asked questions

How much do FLCO and DBND overlap?

0.5% by weight, with 13 holdings in common, using holdings for FLCO as of June 30, 2026 and DBND as of June 30, 2026. The largest shared position is VERTIV GROUP COR.

Do institutions hold both FLCO and DBND?

15 Form 13F filers report positions in both, out of 131 that report either one.

How is overlap by weight worked out?

For each holding the two funds share, take the smaller of the two weights, then add those up. Identical portfolios score 100%.