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      <invstOrSec>
        <name>CLEMSON SC UNIV UN 5% 05/01/29</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>UTAH ST ASSOCIATED 5% 09/01/32</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MASSACHUSETTS ST B 5% 07/01/28</name>
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        <cusip>575579K30</cusip>
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      <invstOrSec>
        <name>LAKEWOOD RANCH 3.875% 05/01/29</name>
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        <cusip>51265KBZ0</cusip>
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          <isin value="US51265KBZ03"/>
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        <balance>275000.00000000</balance>
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        <valUSD>298012.17000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SNOHOMISH CNTY WA  5% 12/01/51</name>
        <lei>549300LU0VT11TQC1877</lei>
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        <cusip>833102A30</cusip>
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        <balance>650000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SOUTH CAROLINA ST  5% 05/01/28</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PUERTO RICO SALES  5% 07/01/58</name>
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        <curCd>USD</curCd>
        <valUSD>103325.16000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PIMA CNTY AZ I 4.125% 06/15/29</name>
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        <cusip>72177MRQ2</cusip>
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          <isin value="US72177MRQ23"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>357170.38000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-15</maturityDt>
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      <invstOrSec>
        <name>NEW YORK CITY NY T 4% 07/15/40</name>
        <lei>N/A</lei>
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          <isin value="US64972H6A50"/>
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        <balance>40000.00000000</balance>
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        <valUSD>48144.06000000</valUSD>
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        <name>WASHINGTON ST HSG  5% 01/01/26</name>
        <lei>549300YL1HU59NREG764</lei>
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        <name>SEMINOLE CNTY F 3.75% 11/15/25</name>
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          <isin value="US81669TAF57"/>
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        <name>VIRGINIA CLG BLDG  5% 01/15/30</name>
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        <name>RIVERSIDE CNTY CA  4% 10/01/40</name>
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        <name>WEST VIRGINIA ST P 4% 06/01/51</name>
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        <name>NEW HOPE CULTU 3.375% 08/15/29</name>
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        <name>WASHINGTON &amp; CLACK 5% 06/15/22</name>
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        <name>CAPITAL TRUST AGY  4% 10/15/29</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COLORADO SPRINGS C 5% 11/15/38</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>1554163.55000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ISHARES NATIONAL MUNI BOND E</name>
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          <isin value="US4642884146"/>
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        <issuerCat>PF</issuerCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NEW ORLEANS LA AVI 5% 01/01/38</name>
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          <isin value="US64763HHH12"/>
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      <invstOrSec>
        <name>ORANGE CNTY FL TOU 5% 10/01/29</name>
        <lei>N/A</lei>
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        <cusip>684545YU4</cusip>
        <identifiers>
          <isin value="US684545YU41"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3473164.50000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA CNTY CA 5% 06/01/27</name>
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        <cusip>13016NFK5</cusip>
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          <isin value="US13016NFK54"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-01</maturityDt>
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      <invstOrSec>
        <name>MANALAPAN-ENGLI 5.75% 12/01/22</name>
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        <cusip>561722HN2</cusip>
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          <isin value="US561722HN20"/>
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        <balance>1340000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-12-01</maturityDt>
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      <invstOrSec>
        <name>TENNESSEE ST HS 3.85% 01/01/35</name>
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        <title>TENNESSEE ST HSG DEV AGY REGD B/E 3.85000000</title>
        <cusip>88045RB68</cusip>
        <identifiers>
          <isin value="US88045RB689"/>
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        <balance>715000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>754517.62000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.85000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MET WASHINGTON DC  4% 10/01/36</name>
        <lei>N/A</lei>
        <title>MET WASHINGTON DC ARPTS AUTH A REGD B/E AMT 4.00000000</title>
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          <isin value="US592647DC24"/>
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        <balance>700000.00000000</balance>
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        <valUSD>791280.28000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SANTA FE NM RET 2.25% 05/15/24</name>
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          <isin value="US802170AS92"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100084.40000000</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>2024-05-15</maturityDt>
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      <invstOrSec>
        <name>NEW YORK ST TRANSP 4% 10/01/30</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HARBOR BAY FL CD 3.1% 05/01/24</name>
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        <name>FINLEY WOODS CM 3.15% 05/01/25</name>
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        <name>MICHIGAN ST FIN 3.25% 02/01/24</name>
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        <name>ATLANTA GA ARPT RE 5% 07/01/24</name>
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        <name>CAPITAL PROJS FL F 5% 10/01/26</name>
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        <name>SOUTH CAROLINA ST V/R 10/01/31</name>
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        <name>ILLINOIS ST FIN AU 4% 06/01/47</name>
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      <invstOrSec>
        <name>BALTIMORE MD SP 2.85% 06/01/26</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BALTIMORE MD SPL 2.8% 06/01/25</name>
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      <invstOrSec>
        <name>ARLINGTON CNTY VA 5% 06/15/31</name>
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        <cusip>041431WC7</cusip>
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          <isin value="US041431WC78"/>
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        <balance>500000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GOLDEN ST TOBACCO  5% 06/01/47</name>
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        <cusip>38122NZU9</cusip>
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          <isin value="US38122NZU98"/>
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        <balance>35000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ATLANTA GA ARPT RE 5% 07/01/25</name>
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          <isin value="US04780MWX37"/>
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        <balance>265000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>307248.61000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>TRIBOROUGH NY BRID 5% 05/15/39</name>
        <lei>54930020ZN4LQF7K3456</lei>
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        <cusip>89602HBA4</cusip>
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          <isin value="US89602HBA41"/>
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        <balance>275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>364755.90000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-05-15</maturityDt>
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        <name>MONTGOMERY CNTY OH 4% 08/01/39</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NORTH EAST TX I 5.25% 02/01/28</name>
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        <balance>500000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-01</maturityDt>
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        <name>SAN FRANCISCO CITY 4% 06/15/36</name>
        <lei>549300RA28ZEFOB6M782</lei>
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        <cusip>797646W69</cusip>
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        <balance>965000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>F/C US LONG BOND(CBT) MAR22</name>
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        <name>PUERTO RICO SAL 4.75% 07/01/53</name>
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        <invCountry>PR</invCountry>
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        <name>PIMA CNTY AZ IN 3.25% 07/01/24</name>
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        <name>ILLINOIS ST FIN AU 5% 12/01/28</name>
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        <name>CALIFORNIA CNTY CA 5% 06/01/28</name>
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        <name>TALLAHASSEE FL HLT 5% 12/01/26</name>
        <lei>549300MPY4HDPK8B1G15</lei>
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        <name>TALLAHASSEE FL HLT 5% 12/01/27</name>
        <lei>549300MPY4HDPK8B1G15</lei>
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        <debtSec>
          <maturityDt>2039-10-01</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>IDAHO ST HSG &amp; FIN 5% 07/15/29</name>
        <lei>5493002WM3NYB1LQB744</lei>
        <title>IDAHO ST HSG &amp; FIN ASSN REGD N/C B/E 5.00000000</title>
        <cusip>45129WPX2</cusip>
        <identifiers>
          <isin value="US45129WPX29"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>128541.51000000</valUSD>
        <pctVal>0.134260841046</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-15</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>2021-12-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Morgan Stanley Pathway Funds</ncom:nameOfApplicant>
      <ncom:signature>Francis Smith</ncom:signature>
      <ncom:signerName>Francis Smith</ncom:signerName>
      <ncom:title>Chief Financial Officer </ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
