# EDGAR Filing Document

**Accession Number:** 0000778365
**File Stem:** 0001410368-25-017068
**Filing Date:** 2025-10
**Character Count:** 39116
**Document Hash:** d218b354431895456fee858ec2ed9a0b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-017068.hdr.sgml**: 20251024

**ACCESSION NUMBER**: 0001410368-25-017068

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251024

**DATE AS OF CHANGE**: 20251024

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Eaton Vance Municipals Trust
- **CENTRAL INDEX KEY:** 0000778365

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04409
- **FILM NUMBER:** 251414380

**BUSINESS ADDRESS:**
- **STREET 1:** ONE POST OFFICE SQUARE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109
- **BUSINESS PHONE:** 617-482-8260

**MAIL ADDRESS:**
- **STREET 1:** ONE POST OFFICE SQUARE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EATON VANCE MUNICIPALS TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EATON VANCE HIGH YIELD MUNICIPALS TRUST
- **DATE OF NAME CHANGE:** 19910203

## Series and Classes Contracts Data

### Eaton Vance Virginia Municipal Income Fund (Series ID: S000004857)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000013157 | Eaton Vance Virginia Municipal Income Fund Class A | ETVAX           |
| C000013159 | Eaton Vance Virginia Municipal Income Fund Class C | ECVAX           |
| C000063953 | Eaton Vance Virginia Municipal Income Fund Class I | EVAIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Eaton Vance Municipals Trust

- **b. Investment Company Act file number:** 811-04409

- **c. CIK number of Registrant:** 0000778365

- **d. LEI of Registrant:** 549300URENTSNA53MO13

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** One Post Office Square

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02109

  - **Telephone number:** 617-482-8260

**Item A.2. Information about the Series.**

- **a. Name of Series:** Eaton Vance Virginia Municipal Income Fund

- **b. EDGAR series identifier (if any):** S000004857

- **c. LEI of Series:** 549300WUMX0U6I2AXM07

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-08-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $61175016.02

**Total Liabilities:** $359349.73

**Net Assets:** $60815666.29

**Cash Not Reported:** $969933.17

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** -58.39000000 | **1-Year:** -1682.33000000 | **5-Year:** -6765.69000000 | **10-Year:** -24409.74000000 | **30-Year:** -7749.77000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** -32.74000000 | **1-Year:** -802.91000000 | **5-Year:** -1675.14000000 | **10-Year:** -1174.67000000 | **30-Year:** -412.69000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000013159 | 1.01%                | -0.78%               | 1.20%                |
| Class ID C000063953 | 1.03%                | -0.67%               | 1.23%                |
| Class ID C000013157 | 0.87%                | -0.54%               | 1.22%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $18285.84                | $414800.30                                 |
| Month 2  | $104931.87               | $-690624.37                                |
| Month 3  | $4347.48                 | $566975.88                                 |

**Designated Index Information**

- **Index Name:** BB Barclays Municipal Bd

- **Index Identifier:** MBINDEX

### Schedule of Portfolio Investments

| Name                                                        | Title                                                        | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| County of Fairfax VA                                        | FAIRFAX CNTY VA                                              | CUSIP: 30382ANS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    960000 | PA      | $955369.63    | 1.57%             | 2039-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Bristol VA                                          | BRISTOL VA                                                   | CUSIP: 110331QS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    715000 | PA      | $716259.90    | 1.18%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lynchburg VA                                        | LYNCHBURG VA                                                 | CUSIP: 55127LDW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $431101.16    | 0.71%             | 2044-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue      | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JRK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      3000 | PA      | $2587.51      | 0.00%             | 2053-07-01      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                         | VIRGINIA CLG BLDG AUTH EDUCTNL FACS REVENUE                  | CUSIP: 92778FLY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $418180.52    | 0.69%             | 2050-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647GN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2722734.85   | 4.48%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                 | VIRGINIA ST SMALL BUSINESS FING AUTH HLTHCARE FACS REVENUE   | CUSIP: 928105BU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    865000 | PA      | $859688.29    | 1.41%             | 2036-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue      | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JPU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $109995.09    | 0.18%             | 2034-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| City of Lynchburg VA                                        | LYNCHBURG VA                                                 | CUSIP: 55127LAW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $917333.93    | 1.51%             | 2040-08-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Virginia Resources Authority                                | VIRGINIA ST RESOURCES AUTH INFRASTRUCTURE REVENUE            | CUSIP: 92818NJ33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $384430.23    | 0.63%             | 2029-11-01      | Fixed         | 1.82%                 | No            |                  2 | On Loan: No      |
| City of Virginia Beach VA Storm Water Utility Revenue       | VIRGINIA BEACH VA STORM WTR UTILITY REVENUE                  | CUSIP: 927747GM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2125000 | PA      | $1956397.83   | 3.22%             | 2045-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                         | VIRGINIA ST CLG BLDG AUTH EDUCTNL FACS REVENUE PUBLIC HGR ED | CUSIP: 92778WQQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $183310.63    | 0.30%             | 2038-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                 | VIRGINIA ST SMALL BUSINESS FING AUTH RSDL FAC CARE REVENUE   | CUSIP: 928103AW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1784650.88   | 2.93%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue      | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    512000 | PA      | $469636.20    | 0.77%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Beach Development Authority                        | VIRGINIA BEACH VA DEV AUTH RSDL CARE FAC REVENUE             | CUSIP: 92774NBB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $542017.10    | 0.89%             | 2053-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                      | VIRGINIA HSG DEV AUTH                                        | CUSIP: 92812XCD2<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |    155000 | PA      | $146315.72    | 0.24%             | 2045-07-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Salem Economic Development Authority                        | SALEM VA ECON DEV AUTH EDUCTNL FACS REVENUE                  | CUSIP: 794565BJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $392486.92    | 0.65%             | 2045-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                 | VIRGINIA SMALL BUSINESS FING AUTH PRIV ACTIVITY REVENUE SR   | CUSIP: 928097AC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $933959.20    | 1.54%             | 2052-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue      | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JQC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     12000 | PA      | $11302.01     | 0.02%             | 2027-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                 | VIRGINIA ST SMALL BUSINESS FING AUTH HLTHCARE FACS REVENUE   | CUSIP: 928105BZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2015000 | PA      | $1692143.60   | 2.78%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Newport News VA                                     | NEWPORT NEWS VA                                              | CUSIP: 652233PW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1295379.68   | 2.13%             | 2042-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Falls Church VA                                     | FALLS CHURCH VA                                              | CUSIP: 306567SU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    985000 | PA      | $808408.90    | 1.33%             | 2041-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Prince William County Service Authority                     | PRINCE WILLIAM CNTY VA SVC AUTH WTR & SWR SYS REVENUE        | CUSIP: 741765HY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $184744.76    | 0.30%             | 2050-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Commonwealth University Health System Authority    | VIRGINIA ST CMWLTH UNIV HLTH SYS AUTH REVENUE                | CUSIP: 92778LDN7<br>LEI: 07ROV40HIZGU2Q6OXJ58 | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1230923.09   | 2.02%             | 2054-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Isle Wight County Industrial Development Authority          | ISLE OF WIGHT CNTY VA ECON DEV AUTH                          | CUSIP: 464637AP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030084.40   | 1.69%             | 2043-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fairfax County Industrial Development Authority             | FAIRFAX CNTY VA INDL DEV AUTH REVENUE                        | CUSIP: 303823MW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    965000 | PA      | $840749.88    | 1.38%             | 2048-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Prince William County Service Authority                     | PRINCE WILLIAM CNTY VA SVC AUTH WTR & SWR SYS REVENUE        | CUSIP: 741765HQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $597445.13    | 0.98%             | 2042-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alexandria Sanitation Authority                             | ALEXANDRIA VA SANTN AUTH WSTWTR REVENUE                      | CUSIP: 015343AR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    660000 | PA      | $712188.91    | 1.17%             | 2040-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Loudoun VA                                        | LOUDOUN CNTY VA                                              | CUSIP: 54589TMC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    945000 | PA      | $949224.53    | 1.56%             | 2038-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia Port Authority Commonwealth Port Fund              | VIRGINIA ST PORT AUTH CMWLTH PORT FND REVENUE                | CUSIP: 928075KG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    810000 | PA      | $840961.93    | 1.38%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Alexandria VA                                       | ALEXANDRIA VA                                                | CUSIP: 015303FF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $456669.28    | 0.75%             | 2044-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Fairfax VA Sewer Revenue                          | FAIRFAX CNTY VA SWR REVENUE                                  | CUSIP: 303867MJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $415846.61    | 0.68%             | 2040-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Norfolk Economic Development Authority                      | NORFOLK VA ECON DEV AUTH HOSPFACS REVENUE                    | CUSIP: 65588TAT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    840000 | PA      | $726572.53    | 1.19%             | 2048-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| American Samoa Economic Development Authority               | AMERICAN SAMOA AS ECON DEV AUTH GEN REVENUE                  | CUSIP: 02936TAH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $196281.78    | 0.32%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Portsmouth VA                                       | PORTSMOUTH VA                                                | CUSIP: 73723RP49<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $125840.09    | 0.21%             | 2037-07-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Virginia Port Authority                                     | VIRGINIA ST PORT AUTH PORT FAC REVENUE                       | CUSIP: 928077JN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $300116.60    | 0.49%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Resources Authority                                | VIRGINIA ST RESOURCES AUTH INFRASTRUCTURE REVENUE            | CUSIP: 92818PMU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $472211.42    | 0.78%             | 2047-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Alexandria Industrial Development Authority                 | ALEXANDRIA VA INDL DEV AUTH EDUCTNL FACS REVENUE             | CUSIP: 015304FE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001969.80   | 1.65%             | 2036-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chesterfield County Economic Development Authority          | CHESTERFIELD CNTY VA ECON DEV AUTH REVENUE                   | CUSIP: 16639EBY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $868810.80    | 1.43%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia Resources Authority Clean Water Revolving Fund     | VIRGINIA ST RESOURCES AUTH CLEAN WTR REVENUE                 | CUSIP: 92817LSN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $418734.35    | 0.69%             | 2040-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                        | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526Q2M3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009806.10   | 1.66%             | 2029-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Virginia Beach Development Authority                        | VIRGINIA BEACH VA DEV AUTH RSDL CARE FAC REVENUE             | CUSIP: 92774NAS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1164720.46   | 1.92%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Virginia                                    | VIRGINIA ST                                                  | CUSIP: 928110DB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    865000 | PA      | $856150.01    | 1.41%             | 2041-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue      | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JQF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $36618.65     | 0.06%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Virginia Resources Authority Clean Water Revolving Fund     | VIRGINIA ST RESOURCES AUTH CLEAN WTR REVENUE                 | CUSIP: 92817LSK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $466521.43    | 0.77%             | 2037-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| County of Stafford VA Water & Wastewater System Revenue     | STAFFORD CNTY VA WTR & WSTWTR REVENUE                        | CUSIP: 85244AAT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    445000 | PA      | $466979.97    | 0.77%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Virginia Transportation Commission                 | NORTHERN VIRGINA TRANSPRTN COMMN TRANSPRTN DIST SPL OBLIG    | CUSIP: 66604PAW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $608004.72    | 1.00%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue      | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JQD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     17000 | PA      | $14927.10     | 0.02%             | 2029-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                 | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                 | CUSIP: 928104PP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1661269.65   | 2.73%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virgin Islands Transportation & Infrastructure Corp         | VIRGIN ISLANDS TRANSPRTN & INFRASTRUCTURE CORP GRANT ANTIC   | CUSIP: 927686AS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $772375.28    | 1.27%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                         | VIRGINIA ST CLG BLDG AUTH EDUCTNL FACS REVENUE               | CUSIP: 927780SK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1652974.77   | 2.72%             | 2031-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Virginia Resources Authority                                | VIRGINIA ST RESOURCES AUTH INFRASTRUCTURE REVENUE            | CUSIP: 92818L3A8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1466038.50   | 2.41%             | 2041-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Henrico County Economic Development Authority               | HENRICO CNTY VA ECON DEV AUTH HLTH FACS REVENUE              | CUSIP: 42605XAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $994582.20    | 1.64%             | 2048-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                 | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1065766.00   | 1.75%             | 2029-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Amelia County Industrial Development Authority              | AMELIA CNTY VA INDL DEV AUTH SOL WST DISP REVENUE            | CUSIP: 023445AA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1015446.50   | 1.67%             | 2027-04-01      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Hampton Roads Sanitation District                           | HAMPTON ROADS VA SANTN DIST WSTWTR REVENUE                   | CUSIP: 409327JL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1692385.77   | 2.78%             | 2038-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue      | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JQE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     22000 | PA      | $17698.40     | 0.03%             | 2031-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                 | VIRGINIA ST SMALL BUSINESS FING AUTH SOL WST DISP FAC REVENU | CUSIP: 928106AQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $56172.43     | 0.09%             | 2048-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Fairfax VA                                        | FAIRFAX CNTY VA                                              | CUSIP: 30382ALB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $111763.69    | 0.18%             | 2033-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Harrisonburg Redevelopment & Housing Authority              | HARRISONBURG VA REDEV & HSG AUTH MF HSG REVENUE              | CUSIP: 415690NW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1664772.20   | 2.74%             | 2028-12-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                      | VIRGINIA ST HSG DEV AUTH                                     | CUSIP: 92812WLB8<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001285.80   | 3.29%             | 2027-10-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Prince William County Service Authority                     | PRINCE WILLIAM CNTY VA SVC AUTH WTR & SWR SYS REVENUE        | CUSIP: 741765HR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050184.70   | 1.73%             | 2043-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue      | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    287000 | PA      | $90708.47     | 0.15%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| James City County Economic Development Authority            | JAMES CITY CNTY VA ECON DEV AUTH RSDL CARE FAC REVENUE       | CUSIP: 47029WEH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $640426.88    | 1.05%             | 2028-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Virginia Resources Authority                                | VIRGINIA ST RESOURCES AUTH INFRASTRUCTURE REVENUE            | CUSIP: 92818P4J9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $521560.46    | 0.86%             | 2040-11-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Virginia                                    | VIRGINIA ST                                                  | CUSIP: 928110DE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $42807.14     | 0.07%             | 2044-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Loudoun VA                                        | LOUDOUN CNTY VA                                              | CUSIP: 54589TJN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $523751.50    | 0.86%             | 2034-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Virginia Port Authority                                     | VIRGINIA ST PORT AUTH PORT FAC REVENUE                       | CUSIP: 928077KX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033382.30   | 1.70%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue      | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JQH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    528000 | PA      | $123243.49    | 0.20%             | 2051-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                      | VIRGINIA ST HSG DEV AUTH                                     | CUSIP: 92812WWQ3<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |    225000 | PA      | $212869.42    | 0.35%             | 2040-09-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Prince William County Service Authority                     | PRINCE WILLIAM CNTY VA SVC AUTH WTR & SWR SYS REVENUE        | CUSIP: 741765HP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $266971.60    | 0.44%             | 2041-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Norfolk Redevelopment & Housing Authority                   | NORFOLK VA REDEV & HSG AUTH REVENUE                          | CUSIP: 655909CK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1508021.40   | 2.48%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Stafford VA Water & Wastewater System Revenue     | STAFFORD CNTY VA WTR & WSTWTR REVENUE                        | CUSIP: 85244AAU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $385717.97    | 0.63%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Richmond VA Public Utility Revenue                  | RICHMOND VA PUBLIC UTILITY REVENUE                           | CUSIP: 765433NA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1247673.25   | 2.05%             | 2053-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Virginia Public School Authority                            | VIRGINIA ST PUBLIC SCH AUTH SPL OBLG PRINCE WM               | CUSIP: 92817THL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $142829.88    | 0.23%             | 2036-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Virginia Public Building Authority                          | VIRGINIA ST PUBLIC BLDG AUTH PUBLIC FACS REVENUE             | CUSIP: 9281724T9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1056121.88   | 1.74%             | 2039-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                 | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    750000 | PA      | $525212.10    | 0.86%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                      | VIRGINIA ST HSG DEV AUTH CMWLTH MTGE                         | CUSIP: 92812U6J2<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |    975000 | PA      | $929224.43    | 1.53%             | 2044-10-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| City of Norfolk VA                                          | NORFOLK VA                                                   | CUSIP: 655867F46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $49390.04     | 0.08%             | 2039-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| James City County Economic Development Authority            | JAMES CITY CNTY VA ECON DEV AUTH RSDL CARE FAC REVENUE       | CUSIP: 47029WDQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $505785.47    | 0.83%             | 2041-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Loudoun County Economic Development Authority               | LOUDOUN CNTY VA ECONOMIC DEV AUTH PUBLIC FAC REVENUE         | CUSIP: 54602QGA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    445000 | PA      | $423170.39    | 0.70%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Herndon VA                                          | HERNDON VA                                                   | CUSIP: 427704JA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $302829.15    | 0.50%             | 2036-02-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-16

**Name of Applicant:** Eaton Vance Municipals Trust

**Signature:** James Kirchner

**Name of Signer:** James Kirchner

**Title:** Treasurer