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        <name>Denver City &amp; County Housing Authority, Colorado, Capital Fund Program Revenue Bonds, Three Tower Rehabilitation, Series 2007</name>
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        <name>Denver Convention Center Hotel Authority, Colorado, Revenue Bonds, Convention Center Hotel, Refunding Senior Lien Series 2016</name>
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        <name>Denver Convention Center Hotel Authority, Colorado, Revenue Bonds, Convention Center Hotel, Refunding Senior Lien Series 2016</name>
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        <name>Denver City and County School District 1, Colorado, Lease Purchase Program Certificates of Participation, Series 2015B</name>
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        <name>Eagle County Air Terminal Corporation, Colorado, Airport Terminal Project Revenue Bonds, Refunding Series 2011A</name>
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        <cusip>26947EAS9</cusip>
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        <name>Public Authority for Colorado Energy, Natural Gas Purchase Revenue Bonds,  Colorado Springs Utilities, Series 2008</name>
        <lei>549300C6IJKXQOMRAB11</lei>
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        <name>Eagle River Water and Sanitation District, Eagle County, Colorado, General Obligation Bonds, Series 2016</name>
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        <cusip>26983AAW3</cusip>
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        <cusip>26983ABF9</cusip>
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        <name>East Cherry Creek Valley Water and Sanitation District, Arapahoe County, Colorado, Water Revenue Bonds, Refunding Series 2015</name>
        <lei>N/A</lei>
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        <cusip>271579CV4</cusip>
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        <name>East Cherry Creek Valley Water and Sanitation District, Arapahoe County, Colorado, Water Revenue Bonds, Refunding Series 2015</name>
        <lei>N/A</lei>
        <title>East Cherry Creek Valley Water and Sanitation District, Arapahoe County, Colorado, Water Revenue Bonds, Refunding Series 2015</title>
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        <name>Grand Junction Regional Airport Authority, Colorado, General Airport Revenue Bonds, Refunding Series 2016A</name>
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        <name>Lorson Ranch Metropolitan District 2, El Paso County, Colorado, Limited Tax General Obligation Bonds, Series 2016</name>
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        <name>Metropolitan State University of Denver, Colorado, Institutional Enterprise Revenue Bonds, Aerospace and Engineering Sciences Building Project, Series</name>
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        <name>Mountain Shadows Metropolitan District, Colorado, General Obligation Limited Tax Bonds, Refunding Series 2016</name>
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        <name>Park Creek Metropolitan District, Colorado, Senior Limited Property Tax Supported Revenue Bonds, Refunding Series 2015A</name>
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        <name>Plaza Metropolitan District 1, Lakewood, Colorado, Tax Increment Revenue Bonds, Refunding Series 2013</name>
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      <invstOrSec>
        <name>Red Sky Ranch Metropolitan District, Eagle County, Colorado, General Obligation Bonds, Refunding &amp; Improvement Series 2015</name>
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        <cusip>757022AR9</cusip>
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          <isin value="US757022AR99"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Reserve Metropolitan District 2, Mount Crested Butte, Colorado, Limited Tax General Obligation Bonds, Refunding Series 2016A</name>
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        <cusip>76106RAA1</cusip>
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          <isin value="US76106RAA14"/>
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        <invCountry>US</invCountry>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Thompson Crossing Metropolitan District 2, Johnstown, Larimer County, Colorado, General Obligation Bonds, Limited Tax Convertible to Unlimited Tax, Se</name>
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        <title>Thompson Crossing Metropolitan District 2, Johnstown, Larimer County, Colorado, General Obligation Bonds, Limited Tax Convertible to Unlimited Tax, Se</title>
        <cusip>884769BR0</cusip>
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          <isin value="US884769BR06"/>
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        <invCountry>US</invCountry>

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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Thornton Development Authority, Colorado, Tax Increment Revenue Bonds, North Washington Street Corridor Project, Refunding Series 2015</name>
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        <title>Thornton Development Authority, Colorado, Tax Increment Revenue Bonds, North Washington Street Corridor Project, Refunding Series 2015</title>
        <cusip>885277DV2</cusip>
        <identifiers>
          <isin value="US885277DV26"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>University of Northern Colorado at Greeley, Institutional Enterprise System Revenue Bonds, Refunding Series 2015A</name>
        <lei>N/A</lei>
        <title>University of Northern Colorado at Greeley, Institutional Enterprise System Revenue Bonds, Refunding Series 2015A</title>
        <cusip>914733BW9</cusip>
        <identifiers>
          <isin value="US914733BW98"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Vista Ridge Metropolitan District, In the Town of Erie, Weld County, Colorado, General Obligation Refunding Bonds, Series 2016A</name>
        <lei>N/A</lei>
        <title>Vista Ridge Metropolitan District, In the Town of Erie, Weld County, Colorado, General Obligation Refunding Bonds, Series 2016A</title>
        <cusip>92838EBA1</cusip>
        <identifiers>
          <isin value="US92838EBA10"/>
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        <balance>525000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Vista Ridge Metropolitan District, In the Town of Erie, Weld County, Colorado, General Obligation Refunding Bonds, Series 2016A</name>
        <lei>N/A</lei>
        <title>Vista Ridge Metropolitan District, In the Town of Erie, Weld County, Colorado, General Obligation Refunding Bonds, Series 2016A</title>
        <cusip>92838EBB9</cusip>
        <identifiers>
          <isin value="US92838EBB92"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1281337.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Water Valley Metropolitan District 1, Colorado, General Obligation Bonds, Refunding Series 2016</name>
        <lei>N/A</lei>
        <title>Water Valley Metropolitan District 1, Colorado, General Obligation Bonds, Refunding Series 2016</title>
        <cusip>941144BM8</cusip>
        <identifiers>
          <isin value="US941144BM88"/>
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        <balance>1375000.00000000</balance>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Water Valley Metropolitan District 1, Colorado, General Obligation Bonds, Refunding Series 2016</name>
        <lei>N/A</lei>
        <title>Water Valley Metropolitan District 1, Colorado, General Obligation Bonds, Refunding Series 2016</title>
        <cusip>941144BN6</cusip>
        <identifiers>
          <isin value="US941144BN61"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>Water Valley Metropolitan District 1, Colorado, General Obligation Bonds, Refunding Series 2016</name>
        <lei>N/A</lei>
        <title>Water Valley Metropolitan District 1, Colorado, General Obligation Bonds, Refunding Series 2016</title>
        <cusip>941144BP1</cusip>
        <identifiers>
          <isin value="US941144BP10"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Westminster, Colorado, Certificates of Participation, Series 2015A</name>
        <lei>N/A</lei>
        <title>Westminster, Colorado, Certificates of Participation, Series 2015A</title>
        <cusip>96065PGP3</cusip>
        <identifiers>
          <isin value="US96065PGP36"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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          <maturityDt>2035-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Westminster, Colorado, Certificates of Participation, Series 2015A</name>
        <lei>N/A</lei>
        <title>Westminster, Colorado, Certificates of Participation, Series 2015A</title>
        <cusip>96065PGS7</cusip>
        <identifiers>
          <isin value="US96065PGS74"/>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>Wheatlands Metropolitan District 2, Aurora, Arapahoe County, Colorado, General Obligation Bonds, Refunding Series 2015</name>
        <lei>N/A</lei>
        <title>Wheatlands Metropolitan District 2, Aurora, Arapahoe County, Colorado, General Obligation Bonds, Refunding Series 2015</title>
        <cusip>962714AN1</cusip>
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          <isin value="US962714AN19"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Wheatlands Metropolitan District 2, Aurora, Arapahoe County, Colorado, General Obligation Bonds, Refunding Series 2015</name>
        <lei>N/A</lei>
        <title>Wheatlands Metropolitan District 2, Aurora, Arapahoe County, Colorado, General Obligation Bonds, Refunding Series 2015</title>
        <cusip>962714AP6</cusip>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
          <maturityDt>2038-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Centerra Metropolitan District 1, Loveland, Colorado, Special Revenue Bonds, Refunding &amp; Improvement Series 2017</name>
        <lei>549300SHE5ZPSMGZH793</lei>
        <title>Centerra Metropolitan District 1, Loveland, Colorado, Special Revenue Bonds, Refunding &amp; Improvement Series 2017</title>
        <cusip>15200XAG8</cusip>
        <identifiers>
          <isin value="US15200XAG88"/>
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        <balance>1145000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Colorado High Performance Transportation Enterprise, C-470 Express Lanes Revenue Bonds, Senior Lien Series 2017</name>
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        <name>High Plains Metropolitan District, Arapahoe County, Colorado, General Obligation Bonds, Refunding Series 2017</name>
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        <name>Southwest Timnath Metropolitan District 4, Timnath, Larimer County, Colorado, Limited Tax General Obligation Bonds, Series 2017A</name>
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        <name>Colorado Health Facilities Authority, Colorado, Health Facilities Revenue Bonds, The Evangelical Lutheran Good Samaritan Society Project, Refunding Se</name>
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        <name>Colorado Health Facilities Authority, Colorado, Health Facilities Revenue Bonds, The Evangelical Lutheran Good Samaritan Society Project, Refunding Se</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
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        <name>Vista Ridge Metropolitan District, In the Town of Erie, Weld County, Colorado, General Obligation Refunding Bonds, Series 2016A</name>
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        <name>Fort Lupton, Colorado, Water System Revenue Bonds, Refunding &amp; Improvement Series 2017</name>
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        <name>Denver City and County, Colorado, Special Facilities Airport Revenue Bonds, United Airlines, Inc. Project, Refunding Series 2017</name>
        <lei>MMTY7HA2MSCBUO4F7J71</lei>
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        <name>Colorado Health Facilities Authority, Colorado, Revenue Bonds, Adventist Health System/Sunbelt Obligated Group, Series 2016A</name>
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        <name>Westminster Public Schools, Adams County, Colorado, Certificates of Participation, Series 2019</name>
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        <name>Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1</name>
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        <name>Colorado Health Facilities Authority, Colorado, Revenue Bonds, Christian Living Neighborhoods Project, Refunding Series 2016</name>
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        <name>Aviation Station North Metropolitan District 2, Denver County, Colorado, Limited Tax General Obligation Bonds, Refunding &amp; Improvement Series 2019A</name>
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        <name>Colorado Health Facilities Authority, Colorado, Revenue Bonds, AdventHealth Obligated Group, Series 2019A</name>
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        <name>Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Taxable Restructured Cofina Project Series 2019A-2</name>
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        <name>Colorado Health Facilities Authority, Colorado, Revenue Bonds, SCL Health System, Refunding Series 2019A</name>
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        <name>Arapahoe County Water and Wastewater Authority, Colorado, Revenue Bonds, Refunding Series 2019</name>
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        <name>Colorado Educational and Cultural Facilities Authority, Revenue Bonds, Rocky Mountain Classical Academy Project, Refunding Series 2019</name>
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        <name>Colorado Educational and Cultural Facilities Authority, Revenue Bonds, Rocky Mountain Classical Academy Project, Refunding Series 2019</name>
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        <name>Colorado Health Facilities Authority, Colorado, Revenue Bonds, Sanford Health, Series 2019A</name>
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        <name>Park Creek Metropolitan District, Colorado, Senior Limited Property Tax Supported Revenue Bonds, Series 2019A</name>
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        <cusip>700387GY3</cusip>
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        <name>Painted Prairie Public Improvement Authority, Aurora, Colorado, Special Revenue Bonds, Series 2019</name>
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        <name>Colorado Health Facilities Authority, Colorado, Revenue Bonds, Sanford Health, Series 2019A</name>
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        <name>Colorado Health Facilities Authority, Colorado, Revenue Bonds, Parkview Medical Center, Series 2020A</name>
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        <name>Jefferson Center Metropolitan District 1, Arvada, Jefferson County, Colorado, Special Revenue Bonds, Series 2020-A2</name>
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        <cusip>47248EAA0</cusip>
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        <name>Colorado State, Certificates of Participation, Lease Purchase Agreement Department of Transportation Second Amended &amp; Restated Headquarters Facilities</name>
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        <name>Southshore Metropolitan District 2 Aurora, Arapahoe County, Colorado, General Obligation Bonds, Limited Tax Improvement Series 2020A-2</name>
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        <name>Aurora Crossroads Metropolitan District 2, Colorado, Limited Tax General Obligation Bonds, Series 2020A</name>
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        <cusip>05162QAA3</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Broadway Park North Metropolitan District 2, Denver, Colorado, Limited Tax General Obligation Bonds, Refunding &amp; Improvement Series 2020</name>
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        <title>Broadway Park North Metropolitan District 2, Denver, Colorado, Limited Tax General Obligation Bonds, Refunding &amp; Improvement Series 2020</title>
        <cusip>111561AA4</cusip>
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          <isin value="US111561AA46"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Cherokee Metropolitan District, Colorado, Water and Wastewater Revenue Bonds, Series 2020</name>
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        <title>Cherokee Metropolitan District, Colorado, Water and Wastewater Revenue Bonds, Series 2020</title>
        <cusip>16415TBZ3</cusip>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Sterling Ranch Community Authority Board, Douglas County, Colorado, Limited Tax Supported District 2, Refunding &amp; Improvement Senior Series 2020A</name>
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          <isin value="US85950NAK63"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>North Range Metropolitan District 3, Adams County, Colorado, Limited Tax General Obligation Bonds, Series 2020A-3</name>
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        <title>North Range Metropolitan District 3, Adams County, Colorado, Limited Tax General Obligation Bonds, Series 2020A-3</title>
        <cusip>66176NAB4</cusip>
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          <isin value="US66176NAB47"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Thompson Crossing Metropolitan District 6, Larimer County, Colorado, General Obligation Limited Tax Bonds, Refunding &amp; Improvement Convertible to Unli</name>
        <lei>N/A</lei>
        <title>Thompson Crossing Metropolitan District 6, Larimer County, Colorado, General Obligation Limited Tax Bonds, Refunding &amp; Improvement Convertible to Unli</title>
        <cusip>88476PAD6</cusip>
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          <isin value="US88476PAD69"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Silver Peaks Metropolitan District 3, Colorado, Limited Tax Obligation Bonds, Senior Lien Series 2020A</name>
        <lei>N/A</lei>
        <title>Silver Peaks Metropolitan District 3, Colorado, Limited Tax Obligation Bonds, Senior Lien Series 2020A</title>
        <cusip>82807QAA3</cusip>
        <identifiers>
          <isin value="US82807QAA31"/>
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        <balance>532000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Westerly Metropolitan District 4, Weld County, Colorado, General Obligation Limited Tax Bonds, Series 2021A-1</name>
        <lei>N/A</lei>
        <title>Westerly Metropolitan District 4, Weld County, Colorado, General Obligation Limited Tax Bonds, Series 2021A-1</title>
        <cusip>957568AA6</cusip>
        <identifiers>
          <isin value="US957568AA60"/>
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        <balance>600000.00000000</balance>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>Pueblo Urban Renewal Authority, Colorado, Tax Increment Revenue Bonds, EVRAZ Project, Series 2021A</name>
        <lei>N/A</lei>
        <title>Pueblo Urban Renewal Authority, Colorado, Tax Increment Revenue Bonds, EVRAZ Project, Series 2021A</title>
        <cusip>744826AW8</cusip>
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          <isin value="US744826AW80"/>
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        <balance>235000.00000000</balance>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-12-01</maturityDt>
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          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>Nexus North at DIA Metropolitan District, Adams County, Colorado, Limited Tax General Obligation Bonds, Series 2021</name>
        <lei>N/A</lei>
        <title>Nexus North at DIA Metropolitan District, Adams County, Colorado, Limited Tax General Obligation Bonds, Series 2021</title>
        <cusip>65344KAB9</cusip>
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          <isin value="US65344KAB98"/>
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        <balance>570000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Roaring Fork Transportation Authority, Colorado, Property Tax Revenue Bonds, Series 2021A</name>
        <lei>N/A</lei>
        <title>Roaring Fork Transportation Authority, Colorado, Property Tax Revenue Bonds, Series 2021A</title>
        <cusip>77016CAW3</cusip>
        <identifiers>
          <isin value="US77016CAW38"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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          <maturityDt>2046-12-01</maturityDt>
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      <invstOrSec>
        <name>Colorado Health Facilities Authority, Colorado, Revenue Bonds, AdventHealth Obligated Group, Series 2021A</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority, Colorado, Revenue Bonds, AdventHealth Obligated Group, Series 2021A</title>
        <cusip>19648FSG0</cusip>
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          <isin value="US19648FSG09"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Riverview Metropolitan District, Steamboat Springs, Routt County, Colorado, General Obligation Limited Tax Bonds, Convertible to Unlimited Tax Refundi</name>
        <lei>N/A</lei>
        <title>Riverview Metropolitan District, Steamboat Springs, Routt County, Colorado, General Obligation Limited Tax Bonds, Convertible to Unlimited Tax Refundi</title>
        <cusip>769432AA3</cusip>
        <identifiers>
          <isin value="US769432AA30"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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          <maturityDt>2041-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Denver City and County, Colorado, Dedicated Tax Revenue Bonds, Series 2021A</name>
        <lei>N/A</lei>
        <title>Denver City and County, Colorado, Dedicated Tax Revenue Bonds, Series 2021A</title>
        <cusip>24917DCG6</cusip>
        <identifiers>
          <isin value="US24917DCG60"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Colorado Educational and Cultural Facilities Authority, Charter School Revenue Bonds, New Summit Charter Academy Project, Series 2021A</name>
        <lei>549300BJRX2FHSSZP042</lei>
        <title>Colorado Educational and Cultural Facilities Authority, Charter School Revenue Bonds, New Summit Charter Academy Project, Series 2021A</title>
        <cusip>19645UHK3</cusip>
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        <balance>100000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
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        <name>Denver City and County, Colorado, Airport System Revenue Bonds, Series 2022B</name>
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        <name>Future Legends Sports Park Business Improvement District, Weld County, Colorado, Limited Tax General Obligation Bonds, Series 2022A</name>
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        <name>Sierra Ridge Metropolitan District 2, Douglas County, Colorado, General Obligation Bonds, Refunding Limited Tax Series 2022</name>
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        <name>Copperleaf Metropolitan District 2, Arapahoe County, Colorado, Limited Tax General Obligation Bonds, Refunding Convertible to Unlimited Tax Series 202</name>
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        <name>Colorado Health Facilities Authority, Colorado, Revenue Bonds, Intermountain Healthcare, Series 2022A</name>
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        <name>Larimer and Weld Counties School District Re-5J, Colorado, General Obligation Bonds, Series 2021</name>
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        <name>Four Corners Business Improvement District, Erie, Boulder County, Colorado, Limited Tax Supported Revenue Bonds, Series 2022</name>
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          <isin value="US35084NAA28"/>
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        <name>Thornton, Colorado, Certificates of Participation, Series 2018</name>
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          <isin value="US885275DE45"/>
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        <name>Falcon Area Water and Wastewater Authority (El Paso County, Colorado), Tap Fee Revenue Bonds, Series 2022A</name>
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        <name>West Globeville Metropolitan District 1, Denver, Colorado, General Obligation Limited Tax Bonds, Series 2022</name>
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        <name>Denver City and County, Colorado, Dedicated Tax Revenue Bonds, Series 2021A</name>
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        <name>Colorado Health Facilities Authority, Colorado, Revenue Bonds, CommonSpirit Health, Series 2022A</name>
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        <name>Colorado Health Facilities Authority, Colorado, Revenue Bonds, CommonSpirit Health, Series 2022A</name>
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        <name>Colorado Health Facilities Authority, Colorado, Revenue Bonds, CommonSpirit Health, Series 2022A</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
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        <name>Denver City and County, Colorado, Airport System Revenue Bonds, Series 2022D</name>
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        <name>Denver City and County, Colorado, Airport System Revenue Bonds, Series 2022D</name>
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        <name>Colorado State, Building Excellent Schools Today, Certificates of Participation, Series 2021S</name>
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        <name>Sierra Ridge Metropolitan District 2, Douglas County, Colorado, Limited Tax General Obligation Bonds, Refunding Bonds, Series 2022</name>
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        <name>Denver School District 1, Colorado, General Obligation Bonds, Series 2021</name>
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        <name>Sand Creek Metropolitan District, Colorado, General Obligation Limited Tax Bonds, Refunding Series 2023</name>
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        <name>Gunnison Watershed School District RE1J, Gunnison and Saguache Counties, Colorado, General Obligation Bonds, Series 2023</name>
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        <name>Pueblo County, Colorado, Certificates of Participation, Community Improvement Projects, Series 2023A</name>
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        <name>Delta County Joint School District 50 Delta, Gunnison, Montrose and Mesa Counties, Colorado, General Obligation Bonds, Series 2023</name>
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        <name>Whispering Pines Metropolitan District No.1, In the City of Aurora, Colorado, Limited Tax Convertible to Unlimited Tax, General Obligation Refunding S</name>
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        <name>Crystal Valley Metropolitan District 2, Douglas County, Colorado, Limited Tax General Obligation Bonds, Refunding &amp; Improvement Series 2020A</name>
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        <name>Arvada, Colorado, Sales and Use Tax Revenue Bonds, Series 2023</name>
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        <name>Colorado Health Facilities Authority, Colorado, Revenue Bonds, AdventHealth Obligated Group, Series 2023A-2</name>
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        <name>Roaring Fork School District RE-1, Garfield, Pitkin, and Eagle Counties, Colorado, Certificates of Participation, Series 2023</name>
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      <invstOrSec>
        <name>Denver City and County Housing Authority, Colorado, Multifamily Housing Revenue Bonds, Flo Senior Apartments Project, Sustainability Green Series 2023</name>
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          <isin value="US24917QBJ22"/>
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      <invstOrSec>
        <name>Meridian Metropolitan District, Douglas County, Colorado, General Obligation Bonds, Series 2023</name>
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        <title>Meridian Metropolitan District, Douglas County, Colorado, General Obligation Bonds, Series 2023</title>
        <cusip>589662AB1</cusip>
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          <isin value="US589662AB16"/>
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        <name>Colorado Springs, Colorado, Utilities System Revenue Bonds, Improvement Series 2023A</name>
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        <title>Colorado Springs, Colorado, Utilities System Revenue Bonds, Improvement Series 2023A</title>
        <cusip>1966324Z3</cusip>
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          <isin value="US1966324Z31"/>
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        <name>Green Gables Metropolitan District 2, Jefferson County, Colorado, Limited Tax General Obligation Bonds, Special Revenue Refunding Improvement Senior S</name>
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        <cusip>39305PAR5</cusip>
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        <name>Colorado School of Mines Board of Trustees, Golden, Colorado, Institutional Enterprise Revenue Bonds, Series 2023C</name>
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        <name>Colorado Water Resources and Power Development Authority, Water Resources Revenue Bonds, City of Sterling Wastewater Utility Enterprise Project, Serie</name>
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        <name>Platte River Metropolitan District, Weld County, Colorado, General Obligation Bonds, Limited Tax Refunding Series 2023A</name>
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        <cusip>727810AA1</cusip>
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        <name>Bromley Park Metropolitan District No. 2, In the City of Brighton, Adams and Weld Counties, Colorado, Senior General Obligation Limited Tax Refunding </name>
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        <invCountry>US</invCountry>

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        <name>Colorado Educational and Cultural Facilities Authority, Revenue Bonds, University of Denver, Series 2017A</name>
        <lei>549300BJRX2FHSSZP042</lei>
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          <isin value="US19645R6D88"/>
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        <invCountry>US</invCountry>

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        <name>Weld County School District RE-4, Windsor, Colorado, General Obligation Bonds, Series 2023</name>
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        <name>Midtown at Clear Creek Metropolitan District, Adams County, Colorado, General Obligation Bonds, Refunding Limited Tax Series 2023A</name>
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        <name>Arista Metropolitan District, Broomfield County, Colorado, General Obligation Limited Tax Bonds, Refunding Convertible to Unlimited Tax Series 2023A</name>
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        <name>Kremmling Memorial Hospital District, Colorado, Certificates of Participation, Series 2024</name>
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        <name>Colorado Educational and Cultural Facilities Authority Education Revenue Bonds, Colorado, Rocky Mountain School of Expeditionary Learning Project, Ser</name>
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        <name>Colorado Health Facilities Authority, Colorado, Revenue Bonds, CommonSpirit Health, Series 2024A</name>
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        <name>Hess Ranch Metropolitan District 5, Parker, Colorado, Special Assessment Revenue Bonds, Special Improvement District 1, Series 2024A-1</name>
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        <title>Hess Ranch Metropolitan District 5, Parker, Colorado, Special Assessment Revenue Bonds, Special Improvement District 1, Series 2024A-1</title>
        <cusip>428111AA6</cusip>
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        <name>Prairie Center Metropolitan District No. 3, In the City of Brighton, Adams County, Colorado, Limited Property Tax Supported Primary Improvements Reven</name>
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        <cusip>739476AG4</cusip>
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        <name>Colorado Health Facilities Authority, Colorado, Revenue Bonds, Intermountain Healthcare, Series 2024A</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
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        <name>Hess Ranch Metropolitan District 5, Parker, Colorado, Special Assessment Revenue Bonds, Special Improvement District 2, Series 2024</name>
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        <cusip>428111AC2</cusip>
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        <name>Colorado Springs, Colorado, Utilities System Revenue Bonds, Improvement Series 2024A</name>
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        <name>Baseline Metropolitan District 1, In the City and County of Broomfield, Colorado, Special Revenue Bonds, Refunding and Improvement Series 2024A</name>
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        <name>Trailside Metropolitan District 4, Colorado, Limited Tax General Obligation Bonds, Refunding and Improvement Series 2024A</name>
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        <name>Canyons Metropolitan District 5, Douglas County, Colorado, Limited Tax General Obligation and Special Revenue Bonds, Refunding and Improvement Series </name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
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        <name>Colorado State, Certificates of Participation, Higher Education Health Sciences Facilities Series 2024A</name>
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        <name>Hunters Overlook Metropolitan District 5, Severance, Weld County, Colorado, Limited Tax General Obligation Bonds, Refunding Series 2024</name>
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        <name>Sky Ranch Community Authority Board, Arapahoe County, Colorado, Limited Tax Supported District 1 Revenue Bonds, Refunding Improvement Senior Series 20</name>
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      <invstOrSec>
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        <name>Crowfoot Valley Ranch Metropolitan District 2,  Douglas County, Colorado, Limited Tax General Obligation Bonds, Refunding Series 2024A</name>
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          <isin value="US22802CAW73"/>
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        <name>Cottonwood Highlands Metropolitan District 1, Parker, Colorado, Limited Tax General Obligation Bonds, Convertible to Unlimited Tax Refunding Series 20</name>
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        <name>Cottonwood Highlands Metropolitan District 1, Parker, Colorado, Limited Tax General Obligation Bonds, Convertible to Unlimited Tax Refunding Series 20</name>
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        <name>Bennett, Colorado, Wastewater Revenue Bonds, Series 2024</name>
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        <name>Del Norte, Colorado, Healthcare Facilities Revenue Bonds, Rio Grande Hospital Refunding Project, Refunding Series 2024</name>
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        <name>Lanterns Metropolitan District 1, Castle Rock, Douglas County, Colorado, Limited Tax General Obligation Bonds, Refunding and Improvement Series 2024</name>
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        <name>Douglas County School District, Number RE1, Douglas and Elbert Counties. Colorado, General Obligation Bonds, Series 2024</name>
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        <name>Colorado Health Facilities Authority, Colorado, Revenue Bonds, Intermountain Healthcare, Series 2024E</name>
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        <curCd>USD</curCd>
        <valUSD>11000000.00000000</valUSD>
        <pctVal>2.434835679259</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-05-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.90000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-08-31</ncom:dateSigned>
      <ncom:nameOfApplicant>Nuveen Multistate Trust I</ncom:nameOfApplicant>
      <ncom:signature>Gina Spunder</ncom:signature>
      <ncom:signerName>Gina Spunder</ncom:signerName>
      <ncom:title>Director, Fund Financial Reporting</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
