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      <invstOrSec>
        <name>Spartanburg County School District No 5/SC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>South Carolina Jobs-Economic Development Authority</name>
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      <invstOrSec>
        <name>Greenville County Metropolitan Sewer Subdistrict</name>
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          <isin value="US592549AV15"/>
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          <maturityDt>2044-06-01</maturityDt>
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      <invstOrSec>
        <name>City of Myrtle Beach SC</name>
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          <isin value="US628571FT33"/>
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        <curCd>USD</curCd>
        <valUSD>786458.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-06-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</name>
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          <isin value="US74529JPX71"/>
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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>2058-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lancaster County Public Facilities Corp</name>
        <lei>N/A</lei>
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        <cusip>514116AV4</cusip>
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          <isin value="US514116AV46"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1607745.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Commonwealth of Puerto Rico</name>
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        <curCd>USD</curCd>
        <valUSD>1394362.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Greenville County SC Road Fee Revenue</name>
        <lei>N/A</lei>
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          <isin value="US396061AT05"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Anderson SC Hospitality Fee Revenue</name>
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          <isin value="US034090AT72"/>
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        <invCountry>US</invCountry>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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        <name>South Carolina Public Service Authority</name>
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        <name>City of Rock Hill SC Combined Utility System Revenue</name>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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        <name>County of Oconee SC</name>
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        <name>City of Myrtle Beach SC</name>
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        <name>Charleston County Airport District</name>
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        <name>South Carolina Public Service Authority</name>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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          <isin value="US397478GY80"/>
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          <maturityDt>2043-09-01</maturityDt>
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        <name>South Carolina Ports Authority</name>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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          <isin value="US83704MEF95"/>
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        <name>County of Oconee SC</name>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>University of South Carolina</name>
        <lei>N/A</lei>
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          <isin value="US913367FN33"/>
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      <invstOrSec>
        <name>City of Anderson SC Hospitality Fee Revenue</name>
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          <isin value="US034090AP50"/>
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        <invCountry>US</invCountry>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of South Carolina</name>
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        <name>City of Aiken SC</name>
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        <name>South Carolina Public Service Authority</name>
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        <name>American Samoa Economic Development Authority</name>
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          <isin value="US02936TAH41"/>
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        <name>Puerto Rico Electric Power Authority</name>
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        <name>Dorchester County School District No 4</name>
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        <name>South Island Public Service District/SC</name>
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        <name>Commission of Public Works City of Greer</name>
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      <invstOrSec>
        <name>City of Clemson SC Water &amp; Sewer System Revenue</name>
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          <isin value="US18561AAW09"/>
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        <curCd>USD</curCd>
        <valUSD>2454342.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
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        <cusip>74526Q2R2</cusip>
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          <isin value="US74526Q2R25"/>
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        <curCd>USD</curCd>
        <valUSD>1349176.50000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Renewable Water Resources</name>
        <lei>N/A</lei>
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          <isin value="US75972EDD40"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Florence SC Combined Waterworks &amp; Sewerage System Revenue</name>
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        <cusip>340333MD2</cusip>
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          <isin value="US340333MD25"/>
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        <balance>1590000.00000000</balance>
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        <valUSD>1470241.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>South Carolina Jobs-Economic Development Authority</name>
        <lei>5493006X47I9VG3DL112</lei>
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          <isin value="US83703DAA54"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-04-01</maturityDt>
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      <invstOrSec>
        <name>City of Rock Hill SC Combined Utility System Revenue</name>
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          <isin value="US772249SD18"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Dorchester SC Waterworks &amp; Sewer System Revenue</name>
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        <cusip>258193EN7</cusip>
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          <isin value="US258193EN75"/>
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        <curCd>USD</curCd>
        <valUSD>612534.00000000</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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          <annualizedRt>4.25000000</annualizedRt>
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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 FACS REVENUE</title>
        <cusip>83703EMR3</cusip>
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          <isin value="US83703EMR35"/>
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        <balance>2750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2907300.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Dorchester SC Waterworks &amp; Sewer System Revenue</name>
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          <isin value="US258193FP15"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Charleston SC Waterworks &amp; Sewer System Revenue</name>
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        <cusip>160429E36</cusip>
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          <isin value="US160429E360"/>
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        <balance>3725000.00000000</balance>
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        <valUSD>4216141.25000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>South Carolina State Housing Finance &amp; Development Authority</name>
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          <isin value="US83712DC380"/>
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          <maturityDt>2034-07-01</maturityDt>
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          <annualizedRt>2.80000000</annualizedRt>
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        <name>City of Myrtle Beach SC</name>
        <lei>N/A</lei>
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          <isin value="US628571BG57"/>
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          <maturityDt>2026-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Commonwealth of Puerto Rico</name>
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        <name>South Carolina State Housing Finance &amp; Development Authority</name>
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          <isin value="US83712DY756"/>
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        <name>Dorchester County School District No 4</name>
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        <name>South Island Public Service District/SC</name>
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      <invstOrSec>
        <name>Commission of Public Works City of Greer</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>County of Anderson SC Sewer System Revenue</name>
        <lei>N/A</lei>
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          <isin value="US033772AR55"/>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>South Carolina Jobs-Economic Development Authority</name>
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          <isin value="US837031YQ00"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HTA TRRB Custodial Trust</name>
        <lei>N/A</lei>
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          <isin value="US40444GAA22"/>
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        <curCd>USD</curCd>
        <valUSD>454703.83000000</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>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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>837031YZ0</cusip>
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          <isin value="US837031YZ09"/>
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        <balance>1165000.00000000</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>
        <debtSec>
          <maturityDt>2054-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Patriots Energy Group Financing Agency</name>
        <lei>5493008X0DFBVFH4HL19</lei>
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        <cusip>70342PAN4</cusip>
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          <isin value="US70342PAN42"/>
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        <balance>1400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1530284.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-10-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Charleston SC Waterworks &amp; Sewer System Revenue</name>
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          <isin value="US160429B705"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Spartanburg County School District No 4/SC</name>
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          <isin value="US847031CZ20"/>
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        <curCd>USD</curCd>
        <valUSD>5239445.70000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>City of 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>
        <valUSD>397555.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.08600000</annualizedRt>
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      <invstOrSec>
        <name>County of Greenwood SC</name>
        <lei>N/A</lei>
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          <isin value="US397090GR61"/>
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        <curCd>USD</curCd>
        <valUSD>1201620.30000000</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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          <annualizedRt>4.00000000</annualizedRt>
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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>83703FLK6</cusip>
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          <isin value="US83703FLK65"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1568715.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lexington County Health Services District Inc</name>
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        <balance>5265000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5332760.55000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>South Carolina State Housing Finance &amp; Development Authority</name>
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          <isin value="US83712D6G68"/>
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        <name>South Carolina Jobs-Economic Development Authority</name>
        <lei>5493006X47I9VG3DL112</lei>
        <title>SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE</title>
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          <isin value="US837032CS86"/>
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        <name>South Carolina Public Service Authority</name>
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          <isin value="US837151T585"/>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>South Carolina Student Loan Corp</name>
        <lei>549300PIO3ZMSROGFF38</lei>
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          <isin value="US83715AAY55"/>
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      <invstOrSec>
        <name>Charleston County Airport District</name>
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          <isin value="US160070FE30"/>
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        <name>Spartanburg County School District No 5/SC</name>
        <lei>N/A</lei>
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          <isin value="US847048GL31"/>
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        <invCountry>US</invCountry>
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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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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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>South Carolina Jobs-Economic Development Authority</name>
        <lei>5493006X47I9VG3DL112</lei>
        <title>SOUTH CAROLINA ST JOBS-ECON DEV AUTH RSDL FACS REVENUE</title>
        <cusip>83704CAX6</cusip>
        <identifiers>
          <isin value="US83704CAX65"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1012650.00000000</valUSD>
        <pctVal>0.522902281445</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-01</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>Commission of Public Works City of Greer</name>
        <lei>N/A</lei>
        <title>GREER SC COMB UTILITY SYS</title>
        <cusip>397478GD4</cusip>
        <identifiers>
          <isin value="US397478GD44"/>
        </identifiers>
        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2225160.00000000</valUSD>
        <pctVal>1.149006310750</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</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>Corp ForGreer</name>
        <lei>N/A</lei>
        <title>GREER SC CORP FORGREER INSTALLMENT PURCHASE REVENUE</title>
        <cusip>397479AA4</cusip>
        <identifiers>
          <isin value="US397479AA42"/>
        </identifiers>
        <balance>1270000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1274965.70000000</valUSD>
        <pctVal>0.658354291507</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</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>South Carolina Public Service Authority</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
        <title>SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE</title>
        <cusip>837151XC8</cusip>
        <identifiers>
          <isin value="US837151XC84"/>
        </identifiers>
        <balance>2960000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2971396.00000000</valUSD>
        <pctVal>1.534340342149</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-01</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>Charleston County Airport District</name>
        <lei>N/A</lei>
        <title>CHARLESTON CNTY SC ARPT DIST ARPT SYS REVENUE</title>
        <cusip>160070EJ3</cusip>
        <identifiers>
          <isin value="US160070EJ36"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1085800.00000000</valUSD>
        <pctVal>0.560674761460</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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>Corp ForGreer</name>
        <lei>N/A</lei>
        <title>GREER SC CORP FORGREER INSTALLMENT PURCHASE REVENUE</title>
        <cusip>397479AB2</cusip>
        <identifiers>
          <isin value="US397479AB25"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1008760.00000000</valUSD>
        <pctVal>0.520893601373</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</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>2024-12-26</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>
