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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AMERICAN MUN PWR OHIO INC REV</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BALTIMORE CNTY MD</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>MARBLE FALLS TEX INDPT SCH DIST</name>
        <lei>N/A</lei>
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          <isin value="US566030XS62"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WILSON CNTY TENN</name>
        <lei>N/A</lei>
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          <isin value="US97217PVX40"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>GOOSE CREEK TEX CONS INDPT SCH DIST</name>
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          <isin value="US3826044B99"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
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        <title>NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY</title>
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          <isin value="US64972JLS59"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>WISCONSIN HSG &amp; ECONOMIC DEV AUTH HOME OWNERSHIP REV</name>
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        <title>WISCONSIN HOUSING ECONOMIC DEVELOPMENT AUTHORITY</title>
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          <isin value="US97689QTY25"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>CONROE TEX INDPT SCH DIST</name>
        <lei>N/A</lei>
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          <isin value="US2084185R06"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>SOUTH CAROLINA JOBS-ECONOMIC DEV AUTH HEALTH CARE FACS REV</name>
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        <title>SOUTH CAROLINA JOBS ECONOMIC DEVELOPMENT AUTHORITY</title>
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          <isin value="US837032BJ96"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CEDAR PARK TEX</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>VIRGINIA BEACH VA WTR &amp; SWR REV</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>MASSACHUSETTS ST DEV FIN AGY REV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW MEXICO FIN AUTH REV</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>FLORIDA ST TPK AUTH TPK REV</name>
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        <title>STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION TURN</title>
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        <fairValLevel>2</fairValLevel>
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        <name>SOUTH DAKOTA CONSERVANCY DIST REV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ILLINOIS ST</name>
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        <title>STATE OF ILLINOIS</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>REGIONAL TRANSN AUTH ILL</name>
        <lei>N/A</lei>
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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>LOWER COLO RIV AUTH TEX TRANSMISSION CONTRACT REV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>RILEY CNTY KANS UNI SCH DIST NO 383</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-07-30</ncom:dateSigned>
      <ncom:nameOfApplicant>HC Capital Trust</ncom:nameOfApplicant>
      <ncom:signature>Colette Bergman</ncom:signature>
      <ncom:signerName>Colette Bergman</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
