<SEC-DOCUMENT>0001752724-25-037852.txt : 20250513
<SEC-HEADER>0001752724-25-037852.hdr.sgml : 20250513
<ACCEPTANCE-DATETIME>20250225152830
ACCESSION NUMBER:		0001752724-25-037852
CONFORMED SUBMISSION TYPE:	NPORT-P
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20241231
FILED AS OF DATE:		20250225
DATE AS OF CHANGE:		20250225
PERIOD START:           	20241231

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BlackRock Taxable Municipal Bond Trust
		CENTRAL INDEX KEY:			0001493683
		ORGANIZATION NAME:           	
		EIN:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0731

	FILING VALUES:
		FORM TYPE:		NPORT-P
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-22426
		FILM NUMBER:		25662583

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		800-441-7762

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BlackRock Build America Bond Trust
		DATE OF NAME CHANGE:	20100608
</SEC-HEADER>
<DOCUMENT>
<TYPE>NPORT-P
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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      <invstOrSec>
        <name>New York City Housing Development Corp</name>
        <lei>549300SQWVHKBRF8D702</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Alameda Corridor Transportation Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Educational Financing Authority</name>
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        <name>Utah Housing Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>RBC CAPITAL MARKETS LLC</name>
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        <name>Metropolitan Transportation Authority</name>
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      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MMH MASTER LLC</name>
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          <couponKind>Fixed</couponKind>
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        <name>Oklahoma Development Finance Authority</name>
        <lei>549300PXGPHUWC32DJ91</lei>
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        <name>TD SECURITIES USA LLC</name>
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        <name>Oklahoma Development Finance Authority</name>
        <lei>549300PXGPHUWC32DJ91</lei>
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        <name>TD SECURITIES USA LLC</name>
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        <name>RBC CAPITAL MARKETS LLC</name>
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        <name>Metropolitan Washington Airports Authority Dulles Toll Road Revenue</name>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE</title>
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      <invstOrSec>
        <name>Tennessee Housing Development Agency</name>
        <lei>N/A</lei>
        <title>TENNESSEE HSG DEV AGY RSDL FIN PROGRAM REVENUE</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Colorado Health Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RBC CAPITAL MARKETS LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Massachusetts Educational Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TD SECURITIES USA LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <transCat>Reverse repurchase</transCat>
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      <invstOrSec>
        <name>Illinois Housing Development Authority</name>
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          <isin value="US45203ME491"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Michigan Finance Authority</name>
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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>
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          <annualizedRt>5.02000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <title>NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.57000000</annualizedRt>
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      <invstOrSec>
        <name>Golden State Tobacco Securitization Corp</name>
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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>
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          <maturityDt>2038-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12000000</annualizedRt>
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        <name>OCHSNER CLINIC FOUNDATIO</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Imperial Irrigation District</name>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Washington State Convention Center Public Facilities District</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2040-07-01</maturityDt>
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        <name>Miami-Dade County Educational Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tobacco Settlement Finance Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-06-01</maturityDt>
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        <name>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of California</name>
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        <title>CALIFORNIA ST</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2038-03-01</maturityDt>
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          <annualizedRt>5.13000000</annualizedRt>
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        <name>Los Angeles Community College District/CA</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.60000000</annualizedRt>
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        <name>COMMONSPIRIT HEALTH</name>
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        <name>Municipal Electric Authority of Georgia</name>
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        <name>County of Sonoma CA</name>
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        <name>Texas Private Activity Bond Surface Transportation Corp</name>
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        <name>BARCLAYS BANK PLC</name>
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        <name>California State Public Works Board</name>
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        <name>Tobacco Settlement Financing Corp/VA</name>
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        <name>Capital Trust Agency Inc</name>
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        <name>TD SECURITIES USA LLC</name>
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        <name>Arlington Higher Education Finance Corp</name>
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        <name>California State University</name>
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        <name>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</name>
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        <name>TD SECURITIES USA LLC</name>
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        <name>Chicago Board of Education</name>
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        <name>Curators of the University of Missouri/The</name>
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      <invstOrSec>
        <name>New Jersey Turnpike Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Michigan Finance Authority</name>
        <lei>54930022O46HOX5J1D14</lei>
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          <isin value="US594479HR14"/>
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        <curCd>USD</curCd>
        <valUSD>435400.01000000</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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          <maturityDt>2033-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.38000000</annualizedRt>
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      <invstOrSec>
        <name>East Point Business &amp; Industrial Development Authority</name>
        <lei>N/A</lei>
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        <cusip>274502AB9</cusip>
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          <isin value="US274502AB92"/>
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        <balance>860000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>844055.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Hampshire Business Finance Authority</name>
        <lei>N/A</lei>
        <title>NATIONAL FIN AUTH NH FEDERAL LEASE REVENUE</title>
        <cusip>63607VAD8</cusip>
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          <isin value="US63607VAD82"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1977758.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.78000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <cusip>89602HAH0</cusip>
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          <isin value="US89602HAH03"/>
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        <balance>10390000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8295710.14000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.51000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Missouri Joint Municipal Electric Utility Commission</name>
        <lei>N/A</lei>
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        <cusip>606092EF7</cusip>
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          <isin value="US606092EF77"/>
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        <balance>11000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.73000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>RRP MASSACHUSET</title>
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        <curCd>USD</curCd>
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        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <transCat>Reverse repurchase</transCat>
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        <name>Maryland Community Development Administration</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TD SECURITIES USA LLC</name>
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        <title>RRP SAN FRANCIS</title>
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        <curCd>USD</curCd>
        <valUSD>-7427306.25000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <transCat>Reverse repurchase</transCat>
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        <name>State of California</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>17922097.80000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2040-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.60000000</annualizedRt>
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        <name>Golden State Tobacco Securitization Corp</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>26627460.93000000</valUSD>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2050-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.21000000</annualizedRt>
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      <invstOrSec>
        <name>Arlington Higher Education Finance Corp</name>
        <lei>N/A</lei>
        <title>ARLINGTON TX HGR EDU FIN CORP EDU REVENUE</title>
        <cusip>041807BJ6</cusip>
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        <curCd>USD</curCd>
        <valUSD>1283622.55000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <name>RBC CAPITAL MARKETS LLC</name>
        <lei>549300LCO2FLSSVFFR64</lei>
        <title>RRP OCHSNER CLI</title>
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        <balance>-2827500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-2827500.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <transCat>Reverse repurchase</transCat>
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              <invstCat>CDS</invstCat>
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        <name>Chicago Board of Education</name>
        <lei>54930099NR6T9V7LVB43</lei>
        <title>CHICAGO IL BRD OF EDU</title>
        <cusip>167505KG0</cusip>
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        <curCd>USD</curCd>
        <valUSD>10378338.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <name>New Jersey Educational Facilities Authority</name>
        <lei>549300UTOO4X537XXG70</lei>
        <title>NEW JERSEY ST EDUCTNL FACS AUTH REVENUE</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <name>Connecticut Housing Finance Authority</name>
        <lei>5493003DXX0NRJKSH186</lei>
        <title>CONNECTICUT ST HSG FIN AUTH HSG MTGE FIN PROGRAM</title>
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        <balance>6575000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6109514.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37000000</annualizedRt>
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        <name>Chicago Transit Authority Sales &amp; Transfer Tax Receipts Revenue</name>
        <lei>549300CB8XLRGIPN3E12</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>TD SECURITIES USA LLC</name>
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        <assetCat>RA</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <transCat>Reverse repurchase</transCat>
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      <invstOrSec>
        <name>Michigan State University</name>
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      <invstOrSec>
        <name>Alameda County Joint Powers Authority</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RBC CAPITAL MARKETS LLC</name>
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        <curCd>USD</curCd>
        <valUSD>-18232500.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <transCat>Reverse repurchase</transCat>
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            <repurchaseCollateral>
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      <invstOrSec>
        <name>Maryland Economic Development Corp</name>
        <lei>549300JJ16DDBSZWSN94</lei>
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        <cusip>57422LAA1</cusip>
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          <isin value="US57422LAA17"/>
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        <curCd>USD</curCd>
        <valUSD>7113465.11000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74442PRP2</cusip>
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        <curCd>USD</curCd>
        <valUSD>859391.93000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-01</maturityDt>
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        <securityLending>
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      <invstOrSec>
        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
        <lei>549300ZOQJ5U8YBS5Q35</lei>
        <title>CONNECTICUT ST HLTH &amp; EDUCTNL FACS AUTH REVENUE</title>
        <cusip>20775DEM0</cusip>
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          <isin value="US20775DEM02"/>
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        <curCd>USD</curCd>
        <valUSD>2701680.42000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>RRP NEW YORK ST</title>
        <cusip>000000000</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
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        <name>Memphis-Shelby County Industrial Development Board</name>
        <lei>N/A</lei>
        <title>MEMPHIS-SHELBY CNTY TN INDL DEV BRD ECON DEV GROWTH ENGINE T</title>
        <cusip>58611YAG9</cusip>
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        <curCd>USD</curCd>
        <valUSD>4207836.09000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-07-01</maturityDt>
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        <name>BARCLAYS BANK PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>RRP WESLEYAN UN</title>
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        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <transCat>Reverse repurchase</transCat>
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        <name>Wesleyan University</name>
        <lei>MR0KVN5WYB7MX4TE2T37</lei>
        <title>Wesleyan University</title>
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        <balance>11000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8908324.70000000</valUSD>
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        <invCountry>US</invCountry>
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        <name>Massachusetts Housing Finance Agency</name>
        <lei>549300NLJBK1VP6K2K81</lei>
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        <invCountry>US</invCountry>
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        <name>Southern Minnesota Municipal Power Agency</name>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2043-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Florida Development Finance Corp</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE</title>
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        <balance>145000.00000000</balance>
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        <valUSD>144614.89000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Housing Development Corp</name>
        <lei>549300SQWVHKBRF8D702</lei>
        <title>NEW YORK CITY NY HSG DEV CORP MF HSG REVENUE</title>
        <cusip>64972ERA9</cusip>
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        <balance>1310000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>864208.91000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Municipal Electric Authority of Georgia</name>
        <lei>JA0WNILDDF2KUPS83B16</lei>
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        <name>Capital Trust Agency Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Alameda Corridor Transportation Authority</name>
        <lei>N/A</lei>
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        <name>Idaho Housing &amp; Finance Association</name>
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          <isin value="US45129GGD16"/>
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        <name>Village Center Community Development District</name>
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          <isin value="US92706NDD21"/>
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        <name>City of New York NY</name>
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        <name>Maryland Health &amp; Higher Educational Facilities Authority</name>
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        <cusip>5742186P3</cusip>
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          <isin value="US5742186P31"/>
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          <maturityDt>2027-03-01</maturityDt>
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        <name>Virginia Housing Development Authority</name>
        <lei>549300LW3QBOVLQBP895</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Port of Beaumont Industrial Development Authority</name>
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        <name>Nevada Housing Division</name>
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        <name>Public Finance Authority</name>
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        <name>TD SECURITIES USA LLC</name>
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        <name>Illinois Housing Development Authority</name>
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        <title>ILLINOIS ST HSG DEV AUTH REVENUE</title>
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        <name>Tennessee State School Bond Authority</name>
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        <name>Golden State Tobacco Securitization Corp</name>
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        <name>GRAND CANYON UNIVERSITY</name>
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        <name>Chicago Board of Trade</name>
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        <name>Tobacco Settlement Finance Authority</name>
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        <name>Chicago Transit Authority Sales Tax Receipts Fund</name>
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        <name>State of Hawaii</name>
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        <name>Public Finance Authority</name>
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        <name>TD SECURITIES USA LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <transCat>Reverse repurchase</transCat>
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            <repurchaseCollateral>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Chicago Transit Authority Sales &amp; Transfer Tax Receipts Revenue</name>
        <lei>549300CB8XLRGIPN3E12</lei>
        <title>CHICAGO IL TRANSIT AUTH SALES &amp; TRANSFER TAX RECPTS REVENUE</title>
        <cusip>167725AC4</cusip>
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          <isin value="US167725AC49"/>
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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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          <maturityDt>2040-12-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Florida Development Finance Corp</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE</title>
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          <isin value="US34061UJH23"/>
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        <balance>650000.00000000</balance>
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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>
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          <maturityDt>2026-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>South Carolina Public Service Authority</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
        <title>SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE</title>
        <cusip>837151W39</cusip>
        <identifiers>
          <isin value="US837151W399"/>
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        <balance>2870000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3131498.18000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.45000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Idaho Housing &amp; Finance Association</name>
        <lei>5493002WM3NYB1LQB744</lei>
        <title>IDAHO ST HSG &amp; FIN ASSN SF MTGE REVENUE</title>
        <cusip>45129Y5Q5</cusip>
        <identifiers>
          <isin value="US45129Y5Q59"/>
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        <balance>5840000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6031592.94000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</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>Arkansas Development Finance Authority</name>
        <lei>N/A</lei>
        <title>ARKANSAS ST DEV FIN AUTH INDL DEV REVENUE</title>
        <cusip>04108WCF7</cusip>
        <identifiers>
          <isin value="US04108WCF77"/>
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        <balance>7400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8391286.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.38000000</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>Jacksonville Public Educational Building Authority</name>
        <lei>N/A</lei>
        <title>JACKSONVILLE PUBLIC EDUCTNL BLDG AUTH</title>
        <cusip>469480BG1</cusip>
        <identifiers>
          <isin value="US469480BG15"/>
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        <balance>1365000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1455182.36000000</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>2046-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</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>
      <invstOrSec>
        <name>Municipal Electric Authority of Georgia</name>
        <lei>JA0WNILDDF2KUPS83B16</lei>
        <title>MUNI ELEC AUTH OF GEORGIA</title>
        <cusip>626207YF5</cusip>
        <identifiers>
          <isin value="US626207YF57"/>
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        <balance>25422000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>27200157.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.64000000</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>State Board of Administration Finance Corp</name>
        <lei>549300S34SOJ0RULXM35</lei>
        <title>FLORIDA ST BRD OF ADMIN FIN CORP REVENUE</title>
        <cusip>341271AH7</cusip>
        <identifiers>
          <isin value="US341271AH76"/>
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        <balance>18300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18481084.36000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.53000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>American Municipal Power Inc</name>
        <lei>EARKGGZJJEMVD66XQ486</lei>
        <title>AMERICAN MUNI PWR-OHIO INC OH REVENUE</title>
        <cusip>02765UEJ9</cusip>
        <identifiers>
          <isin value="US02765UEJ97"/>
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        <balance>20760000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>24703866.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.83000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Metropolitan Transportation Authority</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>MET TRANSPRTN AUTH NY REVENUE</title>
        <cusip>59261A2P1</cusip>
        <identifiers>
          <isin value="US59261A2P16"/>
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        <balance>340000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>297045.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.18000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Hope Higher Education Finance Corp</name>
        <lei>N/A</lei>
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        <cusip>645438AC6</cusip>
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          <isin value="US645438AC67"/>
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        <balance>390000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>380771.72000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>CALIFORNIA ST</title>
        <cusip>13063BBU5</cusip>
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          <isin value="US13063BBU52"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5743546.70000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.35000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Hampshire Business Finance Authority</name>
        <lei>N/A</lei>
        <title>NATIONAL FIN AUTH NH FEDERAL LEASE REVENUE</title>
        <cusip>63607VAF3</cusip>
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          <isin value="US63607VAF31"/>
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        <balance>12895000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.30000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Michigan Finance Authority</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>MICHIGAN ST FIN AUTH REVENUE</title>
        <cusip>59447TJ20</cusip>
        <identifiers>
          <isin value="US59447TJ202"/>
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        <balance>50000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11819213.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</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>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>PUBLIC FIN AUTH WI REVENUE</title>
        <cusip>74442PMV4</cusip>
        <identifiers>
          <isin value="US74442PMV49"/>
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        <balance>1470000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1215978.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.13000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
        <title>OHIO ST HOSP FAC REVENUE</title>
        <cusip>677561LN0</cusip>
        <identifiers>
          <isin value="US677561LN06"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2431192.47000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.28000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>Metropolitan Government of Nashville &amp; Davidson County Convention Center Auth</name>
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          <isin value="US592125AA61"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New Hampshire Business Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US63607VAA44"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-07-01</maturityDt>
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          <annualizedRt>2.87000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Will IL</name>
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          <isin value="US968657JW72"/>
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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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          <maturityDt>2045-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.95000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Chula Vista CA</name>
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          <isin value="US17131RBE53"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-06-01</maturityDt>
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          <annualizedRt>2.40000000</annualizedRt>
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      <invstOrSec>
        <name>TD SECURITIES USA LLC</name>
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        <fairValLevel>2</fairValLevel>
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            <repurchaseCollateral>
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      <invstOrSec>
        <name>New Jersey Turnpike Authority</name>
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      <invstOrSec>
        <name>New Hampshire Business Finance Authority</name>
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          <isin value="US63610HAA05"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.89000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>City of San Francisco CA Public Utilities Commission Water Revenue</name>
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          <isin value="US79765RTK58"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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          <isin value="US83704MCJ36"/>
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        <balance>710000.00000000</balance>
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        <name>Virginia Housing Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-07-01</maturityDt>
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        <name>New Jersey Institute of Technology/NJ</name>
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        <name>Indiana Municipal Power Agency</name>
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          <maturityDt>2042-01-01</maturityDt>
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        <name>State of Illinois</name>
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          <maturityDt>2035-02-01</maturityDt>
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        <name>California Infrastructure &amp; Economic Development Bank</name>
        <lei>549300C1OG9RDIM8ET06</lei>
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        <name>Virginia Housing Development Authority</name>
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        <debtSec>
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        <name>Idaho Housing &amp; Finance Association</name>
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        <invCountry>US</invCountry>
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        <name>South Carolina Public Service Authority</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-01</maturityDt>
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          <annualizedRt>5.78000000</annualizedRt>
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      <invstOrSec>
        <name>City of San Antonio TX Customer Facility Charge Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of New York NY</name>
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          <isin value="US64966SHN99"/>
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        <curCd>USD</curCd>
        <valUSD>3723047.73000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-10-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>State of California</name>
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          <isin value="US13063BFR87"/>
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        <balance>8950000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10514551.83000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.63000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Metropolitan Transportation Authority Dedicated Tax Fund</name>
        <lei>5493000TKYODLXADQD60</lei>
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          <isin value="US59259NZH96"/>
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        <balance>11620000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13519983.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.34000000</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 VA HEALTH SYS OBL</name>
        <lei>N/A</lei>
        <title>West Virginia United Health System Obligated Group</title>
        <cusip>956708AA9</cusip>
        <identifiers>
          <isin value="US956708AA97"/>
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        <balance>15000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>12966419.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.92000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Miami-Dade County Industrial Development Authority</name>
        <lei>549300RM19LZY32DAU30</lei>
        <title>MIAMI-DADE CNTY FL INDL DEV AUTH</title>
        <cusip>59333EEL3</cusip>
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          <isin value="US59333EEL39"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9986.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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 Chicago IL Waterworks Revenue</name>
        <lei>N/A</lei>
        <title>CHICAGO IL WTR REVENUE</title>
        <cusip>167736YU5</cusip>
        <identifiers>
          <isin value="US167736YU53"/>
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        <balance>15250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16277576.26000000</valUSD>
        <pctVal>1.535999883380</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.74000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>RRP NEW YORK N</title>
        <cusip>000000000</cusip>
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          <other otherDesc="BlackRock Identifier" value="BRYT5X9Y9"/>
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        <balance>-17076250.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-17076250.00000000</valUSD>
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        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
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              <counterpartyInfo lei="G5GSEF7VJP5I7OUK5573" name="BARCLAYS BANK PLC"/>
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            <repurchaseCollateral>
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              <invstCatConditional desc="Municipal Bond" invstCat="Other instrument"/>
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        <securityLending>
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      <invstOrSec>
        <name>Bay Area Toll Authority</name>
        <lei>5493001FUZGUQMIP5D78</lei>
        <title>BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE</title>
        <cusip>072024NU2</cusip>
        <identifiers>
          <isin value="US072024NU26"/>
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        <balance>6720000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7466811.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.92000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>TD SECURITIES USA LLC</name>
        <lei>SUVUFHICNZMP2WKHG940</lei>
        <title>RRP MET GOVT NA</title>
        <cusip>000000000</cusip>
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          <other otherDesc="BlackRock Identifier" value="BYDC2SSD3"/>
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        <balance>-40853443.75000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-40853443.75000000</valUSD>
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        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
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          <maturityDt>2049-12-31</maturityDt>
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            <repurchaseCollateral>
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              <invstCatConditional desc="Municipal Bond" invstCat="Other instrument"/>
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      <invstOrSec>
        <name>Bay Area Toll Authority</name>
        <lei>5493001FUZGUQMIP5D78</lei>
        <title>BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE</title>
        <cusip>072024PY2</cusip>
        <identifiers>
          <isin value="US072024PY20"/>
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        <balance>14000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15900118.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.91000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>Northern Illinois Municipal Power Agency</name>
        <lei>VWCV6ROJUT9NS55JU583</lei>
        <title>NTHRN IL MUNI PWR AGY PWR PROJ REVENUE</title>
        <cusip>665250BY1</cusip>
        <identifiers>
          <isin value="US665250BY14"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5683085.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.82000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Western Minnesota Municipal Power Agency</name>
        <lei>549300LFJK9CQSN2NJ11</lei>
        <title>WSTRN MN MUNI PWR AGY</title>
        <cusip>958697LC6</cusip>
        <identifiers>
          <isin value="US958697LC67"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2241832.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.23000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>North Carolina Housing Finance Agency</name>
        <lei>EC4EE0PS5OP5O69B5C39</lei>
        <title>NORTH CAROLINA ST HSG FIN AGY HOMEOWNERSHIP REVENUE</title>
        <cusip>6582075H4</cusip>
        <identifiers>
          <isin value="US6582075H42"/>
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        <balance>6965000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7155726.08000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Western Minnesota Municipal Power Agency</name>
        <lei>549300LFJK9CQSN2NJ11</lei>
        <title>WSTRN MN MUNI PWR AGY</title>
        <cusip>958697HP2</cusip>
        <identifiers>
          <isin value="US958697HP27"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5490975.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.77000000</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>
        <name>Michigan State Housing Development Authority</name>
        <lei>549300NSWW1HVXE93T03</lei>
        <title>MICHIGAN ST HSG DEV AUTH SF MTGE REVENUE</title>
        <cusip>594654XM2</cusip>
        <identifiers>
          <isin value="US594654XM24"/>
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        <balance>3125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3038285.03000000</valUSD>
        <pctVal>0.286701495186</pctVal>
        <payoffProfile>Long</payoffProfile>
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      <invstOrSec>
        <name>City of Orange CA</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>New Jersey Educational Facilities Authority</name>
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        <name>State of Illinois</name>
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        <name>BARCLAYS BANK PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Alamo Regional Mobility Authority</name>
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        <name>New Hampshire Health and Education Facilities Authority Act</name>
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        <name>TD SECURITIES USA LLC</name>
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        <name>Maryland Community Development Administration</name>
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        <name>TD SECURITIES USA LLC</name>
        <lei>SUVUFHICNZMP2WKHG940</lei>
        <title>RRP SALT RIVER</title>
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        <name>Oklahoma Development Finance Authority</name>
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        <name>RBC CAPITAL MARKETS LLC</name>
        <lei>549300LCO2FLSSVFFR64</lei>
        <title>RRP METROPOLITA</title>
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        <name>Denver City &amp; County School District No 1</name>
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        <name>RBC CAPITAL MARKETS LLC</name>
        <lei>549300LCO2FLSSVFFR64</lei>
        <title>RRP SALT RIVER</title>
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          <transCat>Reverse repurchase</transCat>
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        <name>Michigan State University</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Florida Development Finance Corp</name>
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        <name>City of Huntington Beach CA</name>
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        <name>South Carolina Student Loan Corp</name>
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        <name>San Diego County Regional Airport Authority</name>
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        <name>Maryland Economic Development Corp</name>
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        <name>MMH MASTER LLC</name>
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        <name>New Jersey Economic Development Authority</name>
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        <name>TD SECURITIES USA LLC</name>
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        <title>RRP METROPOLITA</title>
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        <name>South Carolina Public Service Authority</name>
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        <name>Excelsior Academies Inc</name>
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        <name>BARCLAYS BANK PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Dallas Area Rapid Transit</name>
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        <name>San Joaquin Hills Transportation Corridor Agency</name>
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        <name>BlackRock Liquidity Funds</name>
        <lei>5493007YVNX55LTRQ706</lei>
        <title>BlackRock Liquidity Funds: T-Fund, Institutional Shares</title>
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      <invstOrSec>
        <name>Pennsylvania Economic Development Financing Authority</name>
        <lei>N/A</lei>
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        <cusip>70869PFT9</cusip>
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          <isin value="US70869PFT93"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <maturityDt>2039-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Hidalgo County Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>HIDALGO CNTY TX REGL MOBILITY AUTH VEHICLE REGISTRATION FEE</title>
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          <isin value="US429343BZ88"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Tennessee Housing Development Agency</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TD SECURITIES USA LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <transCat>Reverse repurchase</transCat>
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            <repurchaseCollateral>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
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        <name>Florida Development Finance Corp</name>
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        <curCd>USD</curCd>
        <valUSD>188663.58000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Public Finance Authority</name>
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          <isin value="US74442EHE32"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Virginia Housing Development Authority</name>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Auth</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Western Group Housing LP</name>
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        <name>County of Clark Department of Aviation</name>
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        <name>TD SECURITIES USA LLC</name>
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        <name>Florida Development Finance Corp</name>
        <lei>549300HC854CNBLMWC48</lei>
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        <name>Port of Beaumont Navigation District</name>
        <lei>549300G8PKBXALUKJY33</lei>
        <title>PORT BEAUMONT TX NAV DIST DOCK&amp; WHARF FAC REVENUE</title>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Westvaco Corp</name>
        <lei>N/A</lei>
        <title>WESTVACO CORP NY</title>
        <cusip>961548AR5</cusip>
        <identifiers>
          <isin value="US961548AR50"/>
        </identifiers>
        <balance>9400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9654219.99000000</valUSD>
        <pctVal>0.911000540984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.67000000</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>Massachusetts Educational Financing Authority</name>
        <lei>5493007K5OP7V6CL0Y88</lei>
        <title>MASSACHUSETTS ST EDUCTNL FING AUTH</title>
        <cusip>57563RTX7</cusip>
        <identifiers>
          <isin value="US57563RTX79"/>
        </identifiers>
        <balance>6785000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6951081.13000000</valUSD>
        <pctVal>0.655924422316</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.35000000</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>Ohio University</name>
        <lei>549300P1K3IH2L5SFY61</lei>
        <title>OHIO UNIV GEN RECPTS ATHENS</title>
        <cusip>677704A65</cusip>
        <identifiers>
          <isin value="US677704A659"/>
        </identifiers>
        <balance>10100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9231303.85000000</valUSD>
        <pctVal>0.871092932422</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2114-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.59000000</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>Tobacco Settlement Finance Authority</name>
        <lei>N/A</lei>
        <title>TOBACCO SETTLEMENT FIN AUTH WV ASSET BACKED</title>
        <cusip>88880LAB9</cusip>
        <identifiers>
          <isin value="US88880LAB99"/>
        </identifiers>
        <balance>1600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>143626.05000000</valUSD>
        <pctVal>0.013552975733</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</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 Chicago IL Wastewater Transmission Revenue</name>
        <lei>N/A</lei>
        <title>CHICAGO IL WSTWTR TRANSMISSION REVENUE</title>
        <cusip>167727SW7</cusip>
        <identifiers>
          <isin value="US167727SW76"/>
        </identifiers>
        <balance>36000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>38834003.16000000</valUSD>
        <pctVal>3.664490546516</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.90000000</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>TD SECURITIES USA LLC</name>
        <lei>SUVUFHICNZMP2WKHG940</lei>
        <title>RRP HUNTINGTON</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="BlackRock Identifier" value="BYDC2SRZ5"/>
        </identifiers>
        <balance>-1577500.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>-1577500.00000000</valUSD>
        <pctVal>-0.14885753120</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Reverse repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="SUVUFHICNZMP2WKHG940" name="TD SECURITIES USA LLC"/>
            </counterpartyInfos>
          </notClearedCentCparty>
          <isTriParty>N</isTriParty>
          <repurchaseRt>4.57000000</repurchaseRt>
          <maturityDt>2049-12-31</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>1577500.00000000</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>1582026.11000000</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCatConditional desc="Municipal Bond" invstCat="Other instrument"/>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <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>2025-01-21</ncom:dateSigned>
      <ncom:nameOfApplicant>BlackRock Taxable Municipal Bond Trust</ncom:nameOfApplicant>
      <ncom:signature>Chuck Pulsfort</ncom:signature>
      <ncom:signerName>Chuck Pulsfort</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
