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        <name>Bay Area Toll Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Greater Texas Cultural Education Facilities Finance Corp</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>District of Columbia Water &amp; Sewer Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Monroe County Community 1996 School Building Corp</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <cusip>64990FZW7</cusip>
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          <isin value="US64990FZW75"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Mississippi Development Bank</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Pflugerville TX</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>University of Houston</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Danville Multi-School Building Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Michigan Finance Authority</name>
        <lei>54930022O46HOX5J1D14</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Haverford Township School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York State Dormitory Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Cypress-Fairbanks Independent School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Virginia Port Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Waukee Community School District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Bethlehem Area School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Colorado</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York State Dormitory Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ohio Water Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Grant County Public Utility District No 2 Electric Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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        <name>East Montgomery County Improvement District Sales Tax Revenue</name>
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        <name>IPS Multi-School Building Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Abilene TX</name>
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        <name>Somerset Area School District</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Paris Independent School District/TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Houston TX Airport System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Michigan Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Dallas Independent School District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>County of Hamblen TN</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>San Antonio Water System</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Colorado</name>
        <lei>N/A</lei>
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          <isin value="US196711SE67"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Melissa TX</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Energy Northwest</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Oklahoma Water Resources Board</name>
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        <cusip>67920Q7V4</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Garland TX Electric Utility System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Rockwall Independent School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Water Resources Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Central Texas Turnpike System</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ohio Higher Educational Facility Commission</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Porter Township High School Building Corp</name>
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        <name>Kankakee County Community High School District No 307 Bradley-Bourbonnais</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Oklahoma City Water Utilities Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Angleton Independent School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Maricopa County Industrial Development Authority</name>
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        <name>North Olmsted City School District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Grand Junction CO</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Prosper Independent School District</name>
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      <invstOrSec>
        <name>St Cloud Independent School District No 742/MN</name>
        <lei>549300777B7XVMYHUU90</lei>
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        <cusip>789177ST0</cusip>
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          <isin value="US789177ST02"/>
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        <curCd>USD</curCd>
        <valUSD>97749.98000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-01</maturityDt>
          <couponKind>None</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Waukesha WI</name>
        <lei>N/A</lei>
        <title>WAUKESHA WI</title>
        <cusip>943080VQ1</cusip>
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          <isin value="US943080VQ17"/>
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        <balance>365000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>338681.05000000</valUSD>
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        <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>2.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Temple TX</name>
        <lei>N/A</lei>
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          <isin value="US880065AF42"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>131301.93000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Park Creek Metropolitan District</name>
        <lei>N/A</lei>
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          <isin value="US700385BX42"/>
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        <curCd>USD</curCd>
        <valUSD>319247.89000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Conroe Independent School District</name>
        <lei>N/A</lei>
        <title>CONROE TX INDEP SCH DIST</title>
        <cusip>2084186N8</cusip>
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          <isin value="US2084186N82"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>119481.17000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Grand Rapids Public Schools</name>
        <lei>N/A</lei>
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        <cusip>386280SV4</cusip>
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          <isin value="US386280SV49"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>377980.79000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>University of Maine System</name>
        <lei>254900T8BJAYXUKEVV62</lei>
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          <isin value="US914399RM48"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>208278.86000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Wayne County Airport Authority</name>
        <lei>N/A</lei>
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          <isin value="US944514W539"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>221303.72000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Oregon Health &amp; Science University</name>
        <lei>549300XTWOAGON8L2G98</lei>
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          <isin value="US685869GE30"/>
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        <curCd>USD</curCd>
        <valUSD>240803.68000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Everett WA</name>
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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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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>El Paso County School District No 49 Falcon</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Speedway Multi-School Building Corp</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Del Mar College District</name>
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        <fairValLevel>2</fairValLevel>
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    <signature>
      <ncom:dateSigned>2026-05-14</ncom:dateSigned>
      <ncom:nameOfApplicant>E Trade Trust</ncom:nameOfApplicant>
      <ncom:signature>James F. Kirchner</ncom:signature>
      <ncom:signerName>James F. Kirchner</ncom:signerName>
      <ncom:title>Principal Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
