TAXF vs EVSM overlap
TAXF and EVSM overlap 5.0% by weight, across 26 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | TAXF | EVSM | Overlap |
|---|---|---|---|
| Build NYC-B-3BUIGEN | 0.91% | 1.06% | 0.91% |
| Arkansas DEV FIN AUTH Environmental RevenueARSDEV | 0.76% | 1.07% | 0.76% |
| Southeast EN AL 5% 10/1/2030SEEPWR | 0.41% | 0.70% | 0.41% |
| PUB FIN AUTH-1-aPUBHSG | 0.29% | 0.50% | 0.29% |
| Black BELT ENE 5% 10/1/2033BBEUTL | 0.35% | 0.28% | 0.28% |
| Black BELT ENE 5% 12/1/2034BBEUTL | 0.36% | 0.23% | 0.23% |
| Great Lakes AUTH-DGRTWTR | 0.22% | 0.33% | 0.22% |
| Restructured-SER A1PRC | 0.20% | 1.14% | 0.20% |
| Main STR NAT GA 5% MTMAIUTL | 0.15% | 0.21% | 0.15% |
| Jacksonville HSG FINJACHSG | 0.15% | 0.39% | 0.15% |
| Pennsylvania St-2PASTRN | 0.14% | 0.15% | 0.14% |
| Black Belt Energy Gas District, Series 2025EBBEUTL | 0.24% | 0.14% | 0.14% |
| N TX Tollwy AUTH-aNRTTRN | 0.18% | 0.13% | 0.13% |
| Tarrant TX EDFC 5% 11/15/2064 MTTAREDU | 0.13% | 0.51% | 0.13% |
| Black BELT ENE 5.5% 6/1/2049 MTBBEUTL | 0.12% | 0.34% | 0.12% |
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: TAXF, SEC Form N-PORT, May 31, 2026; EVSM, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | TAXF | EVSM |
|---|---|---|
| Morgan Stanley | $23.2M | $178.6M |
| Envestnet Asset Management Inc. | $124.3M | $15.7M |
| LPL Financial LLC | $35.1M | $37.0M |
| Ameriprise Financial Inc. | $18.0M | $45.2M |
| Raymond James Financial Inc. | $14.0M | $2.5M |
| Private Advisor Group, LLC | $12.2M | $804K |
| Farther Finance Advisors, LLC | $23K | $10.5M |
| Cambridge Investment Research Advisors, Inc. | $7.2M | $2.8M |
| Osaic Holdings, Inc. | $2.7M | $6.2M |
| Commonwealth Equity Services, LLC | $4.8M | $3.4M |
| Dynamic Advisor Solutions LLC | $6.3M | $1.8M |
| Arax Advisory Partners | $6.0M | $2.1M |
| IFP Advisors, Inc | $7.5M | $489K |
| NewEdge Advisors, LLC | $5.9M | $767K |
| Kestra Advisory Services, LLC | $4.5M | $653K |
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: TAXF institutional holders, EVSM institutional holders.
Frequently asked questions
How much do TAXF and EVSM overlap?
5.0% by weight, with 26 holdings in common, using holdings for TAXF as of May 31, 2026 and EVSM as of June 30, 2026. The largest shared position is BUIGEN.
Do institutions hold both TAXF and EVSM?
36 Form 13F filers report positions in both, out of 182 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%.