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        <name>City of Charleston SC Waterworks &amp; Sewer System Revenue</name>
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      <invstOrSec>
        <name>Starr-Iva Water &amp; Sewer District</name>
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          <isin value="US855610AM37"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Clemson University</name>
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          <isin value="US185633BF06"/>
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        <balance>2000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Patriots Energy Group Financing Agency</name>
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          <isin value="US70342PAK03"/>
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        <curCd>USD</curCd>
        <valUSD>2180380.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-10-01</maturityDt>
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      <invstOrSec>
        <name>City of Simpsonville SC Accommodations &amp; Hospitality Tax Revenue</name>
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          <isin value="US829150AP68"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Starr-Iva Water &amp; Sewer District</name>
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          <isin value="US855610AK70"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Simpsonville Municipal Facilities Corp</name>
        <lei>N/A</lei>
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          <isin value="US82915AAF66"/>
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        <balance>460000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>549529.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Florence-Darlington Commission for Technical Education</name>
        <lei>N/A</lei>
        <title>FLORENCE-DARLINGTON SC COMMISSION FOR TECH EDU SPL FEE REVEN</title>
        <cusip>340168BK8</cusip>
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          <isin value="US340168BK86"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Florida Department of Transportation</name>
        <lei>N/A</lei>
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          <isin value="US34160KBD19"/>
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        <curCd>USD</curCd>
        <valUSD>1151020.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-01</maturityDt>
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        <name>City of Simpsonville SC Accommodations &amp; Hospitality Tax Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Oconee County School District/SC</name>
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        <name>Town of Lexington SC Waterworks &amp; Sewer System Revenue</name>
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        <name>Richland-Lexington Airport District</name>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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        <name>Allendale County School District/SC</name>
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        <name>Sumter Two School Facilities Inc</name>
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        <name>Startex-Jackson-Wellford-Duncan Water District</name>
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      <invstOrSec>
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        <name>Richland County School District No 2/SC</name>
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      <invstOrSec>
        <name>South Carolina Jobs-Economic Development Authority</name>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>County of Greenwood SC</name>
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          <isin value="US397090FM83"/>
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          <maturityDt>2021-10-01</maturityDt>
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      <invstOrSec>
        <name>County of Richland SC Utility System Revenue</name>
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          <isin value="US76370PAQ90"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2036-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Charleston SC</name>
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          <isin value="US160069XG05"/>
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        <curCd>USD</curCd>
        <valUSD>1737930.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Sumter Two School Facilities Inc</name>
        <lei>N/A</lei>
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          <isin value="US866613BB74"/>
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        <valUSD>1106830.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lancaster County School District/SC</name>
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          <isin value="US514120MC56"/>
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        <valUSD>1761435.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Starr-Iva Water &amp; Sewer District</name>
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          <isin value="US855610AG68"/>
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        <name>County of Charleston SC</name>
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        <name>Dorchester County School District No 2</name>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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        <name>City of Charleston SC Waterworks &amp; Sewer System Revenue</name>
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        <name>Starr-Iva Water &amp; Sewer District</name>
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        <name>South Carolina State Education Assistance Authority</name>
        <lei>N/A</lei>
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      <invstOrSec>
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          <maturityDt>2023-01-01</maturityDt>
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      <invstOrSec>
        <name>Charleston Educational Excellence Finance Corp</name>
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          <isin value="US160131DB16"/>
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          <maturityDt>2030-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Georgetown SC</name>
        <lei>N/A</lei>
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          <isin value="US372622FR62"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of South Carolina</name>
        <lei>N/A</lei>
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          <isin value="US83710RBR75"/>
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        <curCd>USD</curCd>
        <valUSD>312372.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Simpsonville Municipal Facilities Corp</name>
        <lei>N/A</lei>
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          <isin value="US82915AAH23"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>307020.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Anderson County School District No 5/SC</name>
        <lei>549300L05WYQWAQXHB66</lei>
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          <isin value="US033753QB33"/>
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        <curCd>USD</curCd>
        <valUSD>2399500.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Town of Mount Pleasent SC Water &amp; Sewer Revenue</name>
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          <isin value="US622634FS73"/>
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        <curCd>USD</curCd>
        <valUSD>1238670.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>PUERTO RICO ELEC PWR AUTH PWR REVENUE</title>
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          <isin value="US74526QPS56"/>
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        <balance>1820000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1965290.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
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        <invCountry>PR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-01</maturityDt>
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        <name>Greenville Health System</name>
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        <name>City of Simpsonville SC Accommodations &amp; Hospitality Tax Revenue</name>
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          <isin value="US829150AJ09"/>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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          <isin value="US83703EMR35"/>
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        <name>Richland County School District No 2/SC</name>
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        <name>Startex-Jackson-Wellford-Duncan Water District</name>
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      <invstOrSec>
        <name>City of Simpsonville SC Accommodations &amp; Hospitality Tax Revenue</name>
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        <name>Puerto Rico Highway &amp; Transportation Authority</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <name>University of South Carolina</name>
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        <name>Richland-Lexington Airport District</name>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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        <lei>N/A</lei>
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        <cusip>82915AAN9</cusip>
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          <isin value="US82915AAN90"/>
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        <curCd>USD</curCd>
        <valUSD>745664.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>South Carolina Jobs-Economic Development Authority</name>
        <lei>5493006X47I9VG3DL112</lei>
        <title>SOUTH CAROLINA ST JOBS-ECON DEV AUTH HOSP REVENUE</title>
        <cusip>83703FKU5</cusip>
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          <isin value="US83703FKU56"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1819605.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>South Carolina Jobs-Economic Development Authority</name>
        <lei>5493006X47I9VG3DL112</lei>
        <title>SOUTH CAROLINA ST JOBS-ECON DEV AUTH ECON DEV REVENUE</title>
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          <isin value="US837031SK04"/>
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        <curCd>USD</curCd>
        <valUSD>2671550.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lexington County School District No 1/SC</name>
        <lei>N/A</lei>
        <title>LEXINGTON CNTY SC SCH DIST #1</title>
        <cusip>529063SC4</cusip>
        <identifiers>
          <isin value="US529063SC40"/>
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        <balance>1060000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1281794.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>South Carolina Jobs-Economic Development Authority</name>
        <lei>5493006X47I9VG3DL112</lei>
        <title>SOUTH CAROLINA ST JOBS-ECON DEV AUTH ECON DEV REVENUE</title>
        <cusip>837031YX5</cusip>
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          <isin value="US837031YX50"/>
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        <curCd>USD</curCd>
        <valUSD>662395.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Starr-Iva Water &amp; Sewer District</name>
        <lei>N/A</lei>
        <title>STARR-IVA WTR &amp; SWR DIST SC</title>
        <cusip>855610AL5</cusip>
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          <isin value="US855610AL53"/>
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        <balance>170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>213963.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>South Carolina Jobs-Economic Development Authority</name>
        <lei>5493006X47I9VG3DL112</lei>
        <title>SOUTH CAROLINA ST JOBS-ECON DEV AUTH HOSP REVENUE</title>
        <cusip>83703FJH6</cusip>
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          <isin value="US83703FJH64"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2912250.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Richland-Lexington Airport District</name>
        <lei>N/A</lei>
        <title>RICHLAND-LEXINGTON SC ARPT DIST</title>
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          <isin value="US763784EF87"/>
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        <balance>195000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>200136.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Starr-Iva Water &amp; Sewer District</name>
        <lei>N/A</lei>
        <title>STARR-IVA WTR &amp; SWR DIST SC</title>
        <cusip>855610AJ0</cusip>
        <identifiers>
          <isin value="US855610AJ08"/>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>195846.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Simpsonville SC Accommodations &amp; Hospitality Tax Revenue</name>
        <lei>N/A</lei>
        <title>SIMPSONVILLE SC ACCOMMODATIONS TAX &amp; HOSPITALITY TAX REVENUE</title>
        <cusip>829150AF8</cusip>
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          <isin value="US829150AF86"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>608820.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Florence Public Facilities Corp</name>
        <lei>N/A</lei>
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          <isin value="US340325BD02"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-11-01</maturityDt>
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        <name>City of Simpsonville SC Accommodations &amp; Hospitality Tax Revenue</name>
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          <isin value="US829150AD39"/>
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      <invstOrSec>
        <name>County of Richland SC Utility System Revenue</name>
        <lei>N/A</lei>
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          <isin value="US76370PAS56"/>
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        <invCountry>US</invCountry>
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        <name>County of Florence SC</name>
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          <isin value="US340122LD05"/>
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        <name>South Carolina Jobs-Economic Development Authority</name>
        <lei>5493006X47I9VG3DL112</lei>
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          <isin value="US83703FLK65"/>
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        <name>South Carolina Transportation Infrastructure Bank</name>
        <lei>549300YI1NMCP4VLJN43</lei>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>County of Richland SC Utility System Revenue</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2039-03-01</maturityDt>
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      <invstOrSec>
        <name>Charleston County School District</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Simpsonville Municipal Facilities Corp</name>
        <lei>N/A</lei>
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        <cusip>82915AAB5</cusip>
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          <isin value="US82915AAB52"/>
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        <curCd>USD</curCd>
        <valUSD>429196.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-04-01</maturityDt>
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      <invstOrSec>
        <name>South Carolina Ports Authority</name>
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          <isin value="US837123KA52"/>
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        <curCd>USD</curCd>
        <valUSD>1699955.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Simpsonville Municipal Facilities Corp</name>
        <lei>N/A</lei>
        <title>SIMPSONVILLE SC MUNI FACS CORP INSTALLMENT PURCHASE REVENUE</title>
        <cusip>82915AAR0</cusip>
        <identifiers>
          <isin value="US82915AAR05"/>
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        <balance>685000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>829185.65000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>PUERTO RICO ELEC PWR AUTH PWR REVENUE</title>
        <cusip>74526QPM8</cusip>
        <identifiers>
          <isin value="US74526QPM86"/>
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        <balance>1075000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1160634.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Gwinnett County Water &amp; Sewerage Authority</name>
        <lei>N/A</lei>
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        <cusip>403760KS9</cusip>
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          <isin value="US403760KS93"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>871252.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>South Carolina Student Loan Corp</name>
        <lei>549300PIO3ZMSROGFF38</lei>
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        <cusip>83715AAY5</cusip>
        <identifiers>
          <isin value="US83715AAY55"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1219625.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.59300000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>South Carolina Jobs-Economic Development Authority</name>
        <lei>5493006X47I9VG3DL112</lei>
        <title>SOUTH CAROLINA ST JOBS-ECON DEV AUTH ECON DEV REVENUE</title>
        <cusip>837031YP2</cusip>
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          <isin value="US837031YP27"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1206450.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>City of Simpsonville SC Accommodations &amp; Hospitality Tax Revenue</name>
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        <cusip>829150AG6</cusip>
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          <isin value="US829150AG69"/>
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        <balance>365000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>454060.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Piedmont Municipal Power Agency</name>
        <lei>549300C7VOBGIG4OD375</lei>
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        <cusip>720175YG7</cusip>
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          <isin value="US720175YG71"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>277870.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Aiken County Consolidated School District/SC</name>
        <lei>N/A</lei>
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          <isin value="US008770PU73"/>
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        <curCd>USD</curCd>
        <valUSD>2370348.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Berkeley County School District</name>
        <lei>N/A</lei>
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        <cusip>084208BL0</cusip>
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          <isin value="US084208BL08"/>
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        <valUSD>1114760.00000000</valUSD>
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          <maturityDt>2027-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Simpsonville Municipal Facilities Corp</name>
        <lei>N/A</lei>
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        <cusip>82915AAA7</cusip>
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          <isin value="US82915AAA79"/>
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        <balance>185000.00000000</balance>
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        <valUSD>194187.10000000</valUSD>
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          <maturityDt>2023-04-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>Port of Portland OR Airport Revenue</name>
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        <name>Commission of Public Works City of Greer</name>
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          <maturityDt>2032-09-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Georgetown County School District</name>
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          <maturityDt>2033-03-01</maturityDt>
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      <invstOrSec>
        <name>South Carolina Jobs-Economic Development Authority</name>
        <lei>5493006X47I9VG3DL112</lei>
        <title>SOUTH CAROLINA ST JOBS-ECON DEV AUTH ECON DEV REVENUE</title>
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          <isin value="US837031YF45"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2032-04-01</maturityDt>
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      <invstOrSec>
        <name>Startex-Jackson-Wellford-Duncan Water District</name>
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          <isin value="US85572XAN66"/>
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        <balance>475000.00000000</balance>
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        <valUSD>567606.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Allendale County School District/SC</name>
        <lei>N/A</lei>
        <title>ALLENDALE CNTY SC SCH DIST ENERGY SAVINGS SPL OBLG</title>
        <cusip>018171AL2</cusip>
        <identifiers>
          <isin value="US018171AL26"/>
        </identifiers>
        <balance>1155000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1230906.60000000</valUSD>
        <pctVal>0.735101892464</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>County of Berkeley SC Combined Utility System Revenue</name>
        <lei>N/A</lei>
        <title>BERKELEY CNTY SC UTIL REVENUE</title>
        <cusip>084213BN6</cusip>
        <identifiers>
          <isin value="US084213BN66"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>300000.00000000</valUSD>
        <pctVal>0.179161089671</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2021-06-23</ncom:dateSigned>
      <ncom:nameOfApplicant>EATON VANCE MUNICIPALS TRUST</ncom:nameOfApplicant>
      <ncom:signature>James Kirchner</ncom:signature>
      <ncom:signerName>James Kirchner</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
