MUNI vs IBDV overlap
MUNI and IBDV overlap 0.0% by weight, across 0 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
These funds hold nothing in common.
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: MUNI, SEC Form N-PORT, June 30, 2026; IBDV, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | MUNI | IBDV |
|---|---|---|
| Bank of America Corp. | $217.7M | $209.6M |
| Morgan Stanley | $196.2M | $97.5M |
| Wells Fargo & Company | $148.1M | $65.8M |
| LPL Financial LLC | $131.6M | $32.6M |
| Raymond James Financial Inc. | $49.2M | $95.4M |
| Mercer Global Advisors Inc. | $1.7M | $132.6M |
| Aptus Capital Advisors, LLC | $173K | $134.1M |
| UBS Group AG | $40.1M | $66.0M |
| HighTower Advisors, LLC | $36.8M | $54.7M |
| Royal Bank of Canada | $22.0M | $54.6M |
| Capital Advisors Inc. | $318K | $70.9M |
| JPMorgan Chase & Co | $59.1M | $157K |
| NewEdge Advisors, LLC | $31.3M | $26.6M |
| Envestnet Asset Management Inc. | $47.2M | $10.1M |
| Cetera Investment Advisers | $44.9M | $7.2M |
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: MUNI institutional holders, IBDV institutional holders.
Frequently asked questions
How much do MUNI and IBDV overlap?
0.0% by weight, with 0 holdings in common, using holdings for MUNI as of June 30, 2026 and IBDV as of July 31, 2026.
Do institutions hold both MUNI and IBDV?
110 Form 13F filers report positions in both, out of 687 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%.