NPFI vs NJNK overlap

NPFI and NJNK overlap 0.5% by weight, across 4 shared holdings.

NPFINJNK

Pick 2 to 4 ETFs.

0.5%

overlap by weight, across 4 shared holdings

NPFI1.0% of the fund is in shared holdings, of 162

NJNK0.6% of the fund is in shared holdings, of 457

Top shared holdings

Holding	NPFI	NJNK	Overlap
Rogers CommunicRCICN	0.45%	0.20%	0.20%
Telus Corp.TCN	0.23%	0.13%	0.13%
CVS Health Corp.CVS	0.12%	0.20%	0.12%
CVS Health Corp.CVS	0.24%	0.07%	0.07%

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: NPFI, SEC Form N-PORT, July 31, 2026; NJNK, SEC Form N-PORT, June 30, 2026.

institutions report holding both, of 24 holding any

NPFI5.2% of its 13F dollars, 4.8% of its 21 holders

NJNK25.9% of its 13F dollars, 25.0% of its 4 holders

Largest institutions holding both

Firm	NPFI	NJNK
LPL Financial LLC	$1.9M	$9.3M

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: NPFI institutional holders, NJNK institutional holders.

Frequently asked questions

How much do NPFI and NJNK overlap?

0.5% by weight, with 4 holdings in common, using holdings for NPFI as of July 31, 2026 and NJNK as of June 30, 2026. The largest shared position is RCICN.

Do institutions hold both NPFI and NJNK?

1 Form 13F filers report positions in both, out of 24 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%.