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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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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>City of Everett WA</name>
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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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          <isin value="US366133UN46"/>
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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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        <name>Grand Rapids Public Schools</name>
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        <fairValLevel>2</fairValLevel>
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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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        <name>Greater Texas Cultural Education Facilities Finance Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Illinois Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Indiana Municipal Power Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>IPS Multi-School Building Corp</name>
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        <fairValLevel>2</fairValLevel>
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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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        <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>New York State Dormitory Authority</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>Empire State Development Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>North Olmsted City School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>North Texas Tollway Authority</name>
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        <fairValLevel>2</fairValLevel>
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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>Ohio Water Development Authority</name>
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        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Oklahoma Water Resources Board</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Oregon Health &amp; Science University</name>
        <lei>549300XTWOAGON8L2G98</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Oxnard School District</name>
        <lei>N/A</lei>
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          <isin value="US692020Z948"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Paris Independent School District/TX</name>
        <lei>N/A</lei>
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          <isin value="US700008SW66"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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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>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Commonwealth of Pennsylvania</name>
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          <isin value="US70914P2F80"/>
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        <curCd>USD</curCd>
        <valUSD>121155.93000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Pennsylvania Turnpike Commission Oil Franchise Tax Revenue</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
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        <cusip>709221SA4</cusip>
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          <isin value="US709221SA49"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>City of Pflugerville TX</name>
        <lei>N/A</lei>
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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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        <name>Plano Independent School District</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Port Authority of New York &amp; New Jersey</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Porter Township High School Building Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Town of Prosper TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Prosper Independent School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Prosper Independent School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Riviera Beach FL</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>St Cloud Independent School District No 742/MN</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of San Antonio TX Electric &amp; Gas Systems Revenue</name>
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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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      <invstOrSec>
        <name>City of Seattle WA Municipal Light &amp; Power Revenue</name>
        <lei>N/A</lei>
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          <isin value="US812643G579"/>
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        <curCd>USD</curCd>
        <valUSD>567381.15000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Somerset Area School District</name>
        <lei>N/A</lei>
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          <isin value="US834889RZ24"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Somerset Area School District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Somerset Area School District</name>
        <lei>N/A</lei>
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          <isin value="US834889SC20"/>
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        <curCd>USD</curCd>
        <valUSD>357653.65000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Southeastern Pennsylvania Transportation Authority</name>
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          <isin value="US842039FM66"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>266748.58000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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>Speedway Multi-School Building Corp</name>
        <lei>N/A</lei>
        <title>SPEEDWAY IN MULTI-SCH BLDG CORP</title>
        <cusip>847731AF3</cusip>
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          <isin value="US847731AF37"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>102956.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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 Temple TX</name>
        <lei>N/A</lei>
        <title>TEMPLE TX</title>
        <cusip>880065AF4</cusip>
        <identifiers>
          <isin value="US880065AF42"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>130243.73000000</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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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Permanent University Fund - Texas A&amp;M University System</name>
        <lei>N/A</lei>
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        <cusip>882118AG7</cusip>
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          <isin value="US882118AG77"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>44434.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Texas State University System</name>
        <lei>N/A</lei>
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        <cusip>88278PP24</cusip>
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          <isin value="US88278PP243"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>551730.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Central Texas Turnpike System</name>
        <lei>N/A</lei>
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          <isin value="US88283KBY38"/>
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        <curCd>USD</curCd>
        <valUSD>181169.18000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>University of Arkansas</name>
        <lei>549300FFADBQ3NEI2D96</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>University of Connecticut</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>University of Maine System</name>
        <lei>254900T8BJAYXUKEVV62</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Board of Regents of the University of Texas System</name>
        <lei>TEHUYFNKZR6XVWLGEU86</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Virginia Port Authority</name>
        <lei>N/A</lei>
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          <isin value="US928077KN50"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Washington Metropolitan Area Transit Authority Dedicated Revenue</name>
        <lei>549300ADKOK76HQMJS30</lei>
        <title>WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE</title>
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        <valUSD>126568.85000000</valUSD>
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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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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-08-17</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>
  <documents>XXXX</documents>
</edgarSubmission>
