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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Somerville MA</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>2502120.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2033-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.75000000</annualizedRt>
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      <invstOrSec>
        <name>County of Orange NC</name>
        <lei>N/A</lei>
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          <isin value="US684609VW78"/>
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        <curCd>USD</curCd>
        <valUSD>919020.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.87500000</annualizedRt>
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      <invstOrSec>
        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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          <isin value="US97712DN696"/>
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        <curCd>USD</curCd>
        <valUSD>503565.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Rialto Unified School District</name>
        <lei>N/A</lei>
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          <isin value="US762494RX26"/>
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        <curCd>USD</curCd>
        <valUSD>101890.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Colorado Health Facilities Authority</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
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        <cusip>19648FWJ9</cusip>
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          <isin value="US19648FWJ91"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>561525.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Rancho Santiago Community College District</name>
        <lei>N/A</lei>
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        <cusip>752147FH6</cusip>
        <identifiers>
          <isin value="US752147FH63"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>652860.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Bexar TX</name>
        <lei>N/A</lei>
        <title>BEXAR CNTY TX</title>
        <cusip>088281VW7</cusip>
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          <isin value="US088281VW77"/>
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        <balance>2350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2322669.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Worthington City School District</name>
        <lei>N/A</lei>
        <title>WORTHINGTON OH CITY SCH DIST</title>
        <cusip>982038TQ4</cusip>
        <identifiers>
          <isin value="US982038TQ46"/>
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        <balance>780000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>553542.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Allegheny County Higher Education Building Authority</name>
        <lei>N/A</lei>
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        <cusip>01729EKZ9</cusip>
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          <isin value="US01729EKZ96"/>
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        <curCd>USD</curCd>
        <valUSD>972080.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-01</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bethlehem Area School District Authority</name>
        <lei>549300TFB2HAL26FJP41</lei>
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          <isin value="US087368AN63"/>
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        <balance>2300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2251332.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Multnomah County School District No 40</name>
        <lei>N/A</lei>
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        <valUSD>216686.25000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>County of Baltimore MD</name>
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          <isin value="US059151CY43"/>
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        <balance>1225000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Fairfield CA</name>
        <lei>N/A</lei>
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          <isin value="US304198FZ28"/>
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        <balance>1330000.00000000</balance>
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          <maturityDt>2033-04-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>City of Seattle WA Municipal Light &amp; Power Revenue</name>
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          <isin value="US812643WU41"/>
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      <invstOrSec>
        <name>City of Lakeland FL</name>
        <lei>XRPK4ZALF4437WO3JQ94</lei>
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          <isin value="US511662BU16"/>
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      <invstOrSec>
        <name>City of Fort Myers FL</name>
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          <isin value="US348073DZ76"/>
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        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
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      <invstOrSec>
        <name>Umatilla County School District No 6R Umatilla</name>
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          <isin value="US904115FC14"/>
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      <invstOrSec>
        <name>Riverside County Redevelopment Successor Agency</name>
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          <isin value="US76913AEX72"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Main Street Natural Gas Inc</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
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          <isin value="US56035DFK37"/>
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        <curCd>USD</curCd>
        <valUSD>2103580.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-09-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Buffalo &amp; Erie County Industrial Land Development Corp</name>
        <lei>N/A</lei>
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          <isin value="US11943KCK60"/>
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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>2025-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Maine State Housing Authority</name>
        <lei>549300SO05LH6D240016</lei>
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          <isin value="US56052FZJ73"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2488025.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Multnomah County School District No 40</name>
        <lei>N/A</lei>
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        <cusip>625693HN9</cusip>
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          <isin value="US625693HN93"/>
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        <balance>525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>475534.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>West Cornwall Township Municipal Authority</name>
        <lei>N/A</lei>
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        <cusip>95235TAG8</cusip>
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          <isin value="US95235TAG85"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>74832.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-11-15</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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74447HAB4</cusip>
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          <isin value="US74447HAB42"/>
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        <balance>1700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1689018.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-10-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.30000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Rancho Santiago Community College District</name>
        <lei>N/A</lei>
        <title>RANCHO SANTIAGO CA CMNTY CLG DIST</title>
        <cusip>752147FL7</cusip>
        <identifiers>
          <isin value="US752147FL75"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>391085.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Fort Myers FL</name>
        <lei>N/A</lei>
        <title>FORT MYERS FL CAPITAL IMPT REVENUE</title>
        <cusip>348073EB9</cusip>
        <identifiers>
          <isin value="US348073EB99"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>621204.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Forest Lake MN</name>
        <lei>549300YEG0ZNW83BJB14</lei>
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          <isin value="US345850EA53"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>284490.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.15000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Houston Independent School District</name>
        <lei>N/A</lei>
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        <cusip>442403PT2</cusip>
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          <isin value="US442403PT23"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2019840.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Illinois</name>
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          <isin value="US452153DE66"/>
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        <curCd>USD</curCd>
        <valUSD>1788745.00000000</valUSD>
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          <maturityDt>2025-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Connecticut Housing Finance Authority</name>
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          <isin value="US20775HXT57"/>
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          <maturityDt>2052-11-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>State of New York Mortgage Agency</name>
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        <name>Spring-Ford Area School District</name>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Amarillo Independent School District</name>
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      <invstOrSec>
        <name>Multnomah County School District No 40</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Rancho Santiago Community College District</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Glendale Union High School District No 205</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>County of Rutherford TN</name>
        <lei>N/A</lei>
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          <annualizedRt>1.50000000</annualizedRt>
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      <invstOrSec>
        <name>Ohio Housing Finance Agency</name>
        <lei>549300K10X7VPG6JVX38</lei>
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        <cusip>67756Q2H9</cusip>
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          <isin value="US67756Q2H94"/>
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        <valUSD>796905.00000000</valUSD>
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          <maturityDt>2054-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Southeast Energy Authority A Cooperative District</name>
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        <cusip>84136FAV9</cusip>
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          <isin value="US84136FAV94"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Marathon WI</name>
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        <valUSD>845494.45000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of North Carolina</name>
        <lei>N/A</lei>
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          <isin value="US6582564N91"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <maturityDt>2033-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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        <name>North Penn Water Authority</name>
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          <isin value="US661524HZ40"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-11-01</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Township of Campton IL</name>
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          <isin value="US134655DL07"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>105528.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of San Diego CA</name>
        <lei>254900MKIGRAYVDUZ926</lei>
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          <isin value="US79742YAK82"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36399.30000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>West Cornwall Township Municipal Authority</name>
        <lei>N/A</lei>
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          <isin value="US95235TAH68"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2024-11-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Orange County Health Facilities Authority</name>
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        <title>ORANGE CNTY FL HLTH FACS AUTH REVENUE</title>
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          <isin value="US68450LDQ59"/>
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        <balance>50000.00000000</balance>
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        <valUSD>49777.00000000</valUSD>
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          <maturityDt>2024-08-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Highlands County School Board</name>
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        <name>City of Frisco TX</name>
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          <isin value="US358776ZA37"/>
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        <balance>515000.00000000</balance>
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          <maturityDt>2033-02-15</maturityDt>
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          <annualizedRt>2.00000000</annualizedRt>
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        <name>State of California</name>
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          <maturityDt>2032-12-01</maturityDt>
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        <name>Lockhart Independent School District/TX</name>
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        <name>Decatur City Board of Education</name>
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          <isin value="US242817BF03"/>
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        <name>Royal Oak Hospital Finance Authority</name>
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        <name>City of Lewisville TX</name>
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        <name>Multnomah County School District No 40</name>
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        <name>Multnomah County School District No 40</name>
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        <name>Morgan Stanley &amp; Co. LLC</name>
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        <name>State of New York Mortgage Agency</name>
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        <name>State of Hawaii State Highway Fund</name>
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        <name>Foley Utilities Board</name>
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        <name>West Cornwall Township Municipal Authority</name>
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        <name>Torrance Unified School District</name>
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        <name>Aspen Fire Protection District</name>
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        <name>Hays Consolidated Independent School District</name>
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        <name>City of Rochester MN</name>
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        <name>California Statewide Communities Development Authority</name>
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        <name>School Board of Miami-Dade County/The</name>
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        <name>Texas Water Development Board</name>
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        <name>City of Fremont NE Combined Utility System Revenue</name>
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        <name>Battery Park City Authority</name>
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        <name>Northampton County General Purpose Authority</name>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-08-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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          <isin value="US64966Q3N85"/>
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        <curCd>USD</curCd>
        <valUSD>1160540.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Umatilla County School District No 6R Umatilla</name>
        <lei>N/A</lei>
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          <isin value="US904115FD96"/>
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        <curCd>USD</curCd>
        <valUSD>130284.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>St Charles County Public Water Supply District No 2</name>
        <lei>N/A</lei>
        <title>SAINT CHARLES CNTY MO PUBLIC WTR SPLY DIST #2 COPS</title>
        <cusip>78764YCW5</cusip>
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          <isin value="US78764YCW57"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>248837.50000000</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>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Greeneville Health &amp; Educational Facilities Board</name>
        <lei>N/A</lei>
        <title>GREENEVILLE TN HLTH &amp; EDUCTNL FACS BRD HOSP REVENUE</title>
        <cusip>396649EL5</cusip>
        <identifiers>
          <isin value="US396649EL59"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1070060.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>West Cornwall Township Municipal Authority</name>
        <lei>N/A</lei>
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          <isin value="US95235TAM53"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>28619.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>West Cornwall Township Municipal Authority</name>
        <lei>N/A</lei>
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        <cusip>95235TAP8</cusip>
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          <isin value="US95235TAP84"/>
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        <curCd>USD</curCd>
        <valUSD>130716.60000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Georgia Municipal Association Inc</name>
        <lei>N/A</lei>
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        <cusip>373283CH1</cusip>
        <identifiers>
          <isin value="US373283CH16"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>226221.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>West Cornwall Township Municipal Authority</name>
        <lei>N/A</lei>
        <title>W CORNWALL TWP PA MUNI AUTH</title>
        <cusip>95235TAL7</cusip>
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          <isin value="US95235TAL70"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>43364.25000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Buffalo &amp; Erie County Industrial Land Development Corp</name>
        <lei>N/A</lei>
        <title>BUFFALO &amp; ERIE CNTY NY INDL LAND DEV CORP REVENUE</title>
        <cusip>11943KCJ9</cusip>
        <identifiers>
          <isin value="US11943KCJ97"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>60703.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Texas Department of Housing &amp; Community Affairs</name>
        <lei>549300J3RRLLZZN4WP77</lei>
        <title>TEXAS ST DEPT OF HSG &amp; CMNTY AFFAIRS RESDL MTG REVENUE</title>
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          <isin value="US882750SX12"/>
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        <balance>1940000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2076207.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Buffalo &amp; Erie County Industrial Land Development Corp</name>
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        <title>BUFFALO &amp; ERIE CNTY NY INDL LAND DEV CORP REVENUE</title>
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          <isin value="US11943KCP57"/>
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        <balance>830000.00000000</balance>
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        <curCd>USD</curCd>
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        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Rialto Unified School District</name>
        <lei>N/A</lei>
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          <isin value="US762494RZ73"/>
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        <debtSec>
          <maturityDt>2030-08-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>General Authority of Southcentral Pennsylvania</name>
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          <isin value="US84129NJL47"/>
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      <invstOrSec>
        <name>Tennessee Housing Development Agency</name>
        <lei>N/A</lei>
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          <isin value="US88046KCG94"/>
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        <name>Chaffey Joint Union High School District</name>
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      <invstOrSec>
        <name>Boulder Valley School District No Re-2 Boulder</name>
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          <isin value="US101547WB98"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2023-12-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Fort Myers FL</name>
        <lei>N/A</lei>
        <title>FORT MYERS FL CAPITAL IMPT REVENUE</title>
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          <isin value="US348073EA17"/>
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        <balance>545000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2028-12-01</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>Black Belt Energy Gas District</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>BLACK BELT ENERGY GAS DIST AL GAS SPLY REVENUE</title>
        <cusip>09182NBR0</cusip>
        <identifiers>
          <isin value="US09182NBR08"/>
        </identifiers>
        <balance>840000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>826980.00000000</valUSD>
        <pctVal>1.030831237150</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-06-01</maturityDt>
          <couponKind>Floating</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>State of New York Mortgage Agency</name>
        <lei>549300ZQWNLLIG564027</lei>
        <title>NEW YORK ST MTGE AGY HOMEOWNER MTGE REVENUE</title>
        <cusip>64988YDR5</cusip>
        <identifiers>
          <isin value="US64988YDR53"/>
        </identifiers>
        <balance>395000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>357779.15000000</valUSD>
        <pctVal>0.445971999106</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.30000000</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>Nebraska Investment Finance Authority</name>
        <lei>549300OIIXIM3SRZWK33</lei>
        <title>NEBRASKA ST INVESTMENT FIN AUTH SF HSG REVENUE</title>
        <cusip>63968MG78</cusip>
        <identifiers>
          <isin value="US63968MG780"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1053010.00000000</valUSD>
        <pctVal>1.312577814495</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-03-01</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>West Cornwall Township Municipal Authority</name>
        <lei>N/A</lei>
        <title>W CORNWALL TWP PA MUNI AUTH</title>
        <cusip>95235TAN3</cusip>
        <identifiers>
          <isin value="US95235TAN37"/>
        </identifiers>
        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>47199.00000000</valUSD>
        <pctVal>0.058833591576</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</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>City of New Britain CT</name>
        <lei>549300MERJSUOPGAV271</lei>
        <title>NEW BRITAIN CT</title>
        <cusip>642714BB4</cusip>
        <identifiers>
          <isin value="US642714BB44"/>
        </identifiers>
        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>51417.00000000</valUSD>
        <pctVal>0.064091331979</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-01</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>2023-08-16</ncom:dateSigned>
      <ncom:nameOfApplicant>EATON VANCE MUNICIPALS TRUST II</ncom:nameOfApplicant>
      <ncom:signature>James Kirchner</ncom:signature>
      <ncom:signerName>James Kirchner</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
