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        <name>Government of Guam, Business Privilege Tax Bonds, Series 2011A</name>
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        <name>New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Senior Lien Series 2017-1A</name>
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        <lei>5493006JS6QWDVU4R678</lei>
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        <name>New Jersey Housing and Mortgage Finance Agency, Multifamily Housing Revenue Bonds, Series 2013-2</name>
        <lei>5493002ONULJL0FIGU24</lei>
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        <lei>5493006JS6QWDVU4R678</lei>
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        <name>New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2014-1A-1</name>
        <lei>5493007OOYUHTF8GSL63</lei>
        <title>New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2014-1A-1</title>
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      <invstOrSec>
        <name>New Jersey Economic Development Authority, Student Housing Revenue Bonds, Provident Group-Montclair Properties LLC, Montclair State University Student</name>
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        <name>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Inspira Health Obligated Group Issue, Series 2017A</name>
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        <name>Montclair Township, Essex County, New Jersey, General Obligation Bonds, Refunding Parking Utility Series 2014A</name>
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        <name>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Saint Barnabas Health Care System, Refunding Series 2011A</name>
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      <invstOrSec>
        <name>South Jersey Transportation Authority, New Jersey, Transportation System Revenue Bonds, Refunding Series 2019A</name>
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        <name>New Jersey Higher Education Assistance Authority, Senior Student Loan Revenue Bonds, Refunding Series 2018A</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-01</maturityDt>
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      <invstOrSec>
        <name>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Kennedy Health System Obligated Group Issue, Refunding Series 2012</name>
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      <invstOrSec>
        <name>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, University Hospital Issue, Refunding Series 2015A</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-07-01</maturityDt>
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          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>Hudson County Improvement Authority, New Jersey, General Obligation Bonds, Local Unit Loan Program, County Guaranteed Pooled Notes, Series 2019B-1</name>
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          <isin value="US443728FG00"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-05-22</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>New Jersey Economic Development Authority, Lease Revenue Bonds, State House Project, Series 2017B</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority, Lease Revenue Bonds, State House Project, Series 2017B</title>
        <cusip>64578EMF1</cusip>
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          <isin value="US64578EMF15"/>
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        <balance>545000.00000000</balance>
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        <valUSD>598448.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Kennedy Health System Obligated Group Issue, Refunding Series 2012</name>
        <lei>N/A</lei>
        <title>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Kennedy Health System Obligated Group Issue, Refunding Series 2012</title>
        <cusip>64579FZ48</cusip>
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          <isin value="US64579FZ481"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
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        <name>New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2013-1A</name>
        <lei>5493007OOYUHTF8GSL63</lei>
        <title>New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2013-1A</title>
        <cusip>646080PX3</cusip>
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          <isin value="US646080PX31"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>New Jersey Economic Development Authority, Revenue Refunding Bonds, Kapkowski Road Landfill Project, Series 2002</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority, Revenue Refunding Bonds, Kapkowski Road Landfill Project, Series 2002</title>
        <cusip>64577HMF5</cusip>
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        <balance>430000.00000000</balance>
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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>2021-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Senior Lien Series 2016-1A</name>
        <lei>5493007OOYUHTF8GSL63</lei>
        <title>New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Senior Lien Series 2016-1A</title>
        <cusip>646080SG7</cusip>
        <identifiers>
          <isin value="US646080SG70"/>
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        <balance>2510000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Palisades Medical Center Obligated Group Issue, Refunding Series 2013</name>
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        <title>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Palisades Medical Center Obligated Group Issue, Refunding Series 2013</title>
        <cusip>645790GN0</cusip>
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          <isin value="US645790GN03"/>
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      <invstOrSec>
        <name>New Jersey Economic Development Authority, Special Facilities Revenue Bonds, Continental Airlines Inc, Series 2000A &amp; 2000B</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority, Special Facilities Revenue Bonds, Continental Airlines Inc, Series 2000A &amp; 2000B</title>
        <cusip>64578CBW0</cusip>
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          <isin value="US64578CBW01"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Delaware River and Bay Authority, Delaware and New Jersey, Revenue Bonds, Series 2014A</name>
        <lei>549300DIIIT0MBXYHJ34</lei>
        <title>Delaware River and Bay Authority, Delaware and New Jersey, Revenue Bonds, Series 2014A</title>
        <cusip>246317ER8</cusip>
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          <isin value="US246317ER85"/>
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        <balance>360000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018A</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018A</title>
        <cusip>888808HN5</cusip>
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          <isin value="US888808HN57"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2013AA</name>
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        <name>New Jersey Economic Development Authority, Special Facilities Revenue Bonds, Continental Airlines Inc, Series 1999</name>
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        <name>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Kennedy Health System Obligated Group Issue, Refunding Series 2012</name>
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        <name>Essex County Improvement Authority, New Jersey, Solid Waste Disposal Revenue Bonds, Covanta Project, Series 2015</name>
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        <name>Passaic County Improvement Authority, New Jersey, Lease Revenue Bonds, Preakness Healthcare Center Expansion Project, Refunding Series 2015</name>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018B</name>
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        <name>Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Seventy Ninth Series 2013</name>
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        <name>New Jersey Economic Development Authority, Student Housing Revenue Bonds, Provident Group-Montclair Properties LLC, Montclair State University Student</name>
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        <name>New Jersey Institute of Technology, New Jersey, General Obligation Bonds, Series 2012A</name>
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        <name>New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2014-1A-1</name>
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        <name>New Jersey Educational Facilities Authority, Revenue Bonds, Stevens Institute of Technology, Series 2017A</name>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2011B</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2011B</title>
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        <name>Port Authority of New York and New Jersey, Special Project Bonds, JFK International Air Terminal LLC, Sixth Series 1997</name>
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        <name>New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2012-1A</name>
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        <name>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Saint Joseph's Healthcare System Obligated Group Issue, Refunding Series 2016</name>
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        <name>New Jersey Economic Development Authority, Sublease Revenue Bonds, New Jersey Transit Corporation Projects, Refunding Series 2017B</name>
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        <name>New Brunswick Parking Authority, Middlesex County, New Jersey, Guaranteed Parking Revenue Bonds, Refunding Series 2016A</name>
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        <name>New Jersey Economic Development Authority, Private Activity Bonds, The Goethals Bridge Replacement Project, Series 2013</name>
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        <name>New Jersey Educational Facilities Authority, Revenue Bonds, Kean University, Refunding Series 2015H</name>
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        <name>Delaware River Joint Toll Bridge Commission, New Jersey and Pennsylvania, Bridge System Revenue Bonds, Series 2017</name>
        <lei>549300N6IGAQMI0JLE23</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-07-01</maturityDt>
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      <invstOrSec>
        <name>Rutgers State University, New Jersey, Revenue Bonds, Refunding Series 2013L</name>
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        <cusip>783186SA8</cusip>
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        <name>New Jersey Housing and Mortgage Finance Agency, Multifamily Revenue Bonds, Series 2016A</name>
        <lei>5493002ONULJL0FIGU24</lei>
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        <cusip>646108SR2</cusip>
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          <isin value="US646108SR26"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Economic Development Authority, Private Activity Bonds, The Goethals Bridge Replacement Project, Series 2013</name>
        <lei>5493006JS6QWDVU4R678</lei>
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        <cusip>6459182C6</cusip>
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          <isin value="US6459182C63"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Economic Development Authority, Water Facilities Revenue Bonds, New Jersey-American Water Company Inc Project, Refunding Series 2010D</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority, Water Facilities Revenue Bonds, New Jersey-American Water Company Inc Project, Refunding Series 2010D</title>
        <cusip>645780FD4</cusip>
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          <isin value="US645780FD40"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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      <invstOrSec>
        <name>New Brunswick Parking Authority, Middlesex County, New Jersey, Guaranteed Parking Revenue Bonds, Refunding Series 2012</name>
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        <title>New Brunswick Parking Authority, Middlesex County, New Jersey, Guaranteed Parking Revenue Bonds, Refunding Series 2012</title>
        <cusip>642835ML3</cusip>
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          <isin value="US642835ML35"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Hudson Sewerage Authority, Gross Revenue Lease Certificates, Senior Lien Series 2012A</name>
        <lei>N/A</lei>
        <title>North Hudson Sewerage Authority, Gross Revenue Lease Certificates, Senior Lien Series 2012A</title>
        <cusip>660043CZ1</cusip>
        <identifiers>
          <isin value="US660043CZ15"/>
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        <balance>1145000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Senior Lien Series 2016-1A</name>
        <lei>5493007OOYUHTF8GSL63</lei>
        <title>New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Senior Lien Series 2016-1A</title>
        <cusip>646080SB8</cusip>
        <identifiers>
          <isin value="US646080SB83"/>
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        <balance>2110000.00000000</balance>
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        <valUSD>2145848.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Inspira Health Obligated Group Issue, Refunding Series 2016A</name>
        <lei>N/A</lei>
        <title>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Inspira Health Obligated Group Issue, Refunding Series 2016A</title>
        <cusip>645790AV8</cusip>
        <identifiers>
          <isin value="US645790AV82"/>
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        <balance>4430000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Delaware River and Bay Authority, Delaware and New Jersey, Revenue Bonds, Series 2014A</name>
        <lei>549300DIIIT0MBXYHJ34</lei>
        <title>Delaware River and Bay Authority, Delaware and New Jersey, Revenue Bonds, Series 2014A</title>
        <cusip>246317ES6</cusip>
        <identifiers>
          <isin value="US246317ES68"/>
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        <balance>1510000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-01-01</maturityDt>
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      <invstOrSec>
        <name>New Jersey Housing and Mortgage Finance Agency, Multifamily Revenue Bonds, Series 2018A</name>
        <lei>5493002ONULJL0FIGU24</lei>
        <title>New Jersey Housing and Mortgage Finance Agency, Multifamily Revenue Bonds, Series 2018A</title>
        <cusip>646108YD6</cusip>
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          <isin value="US646108YD65"/>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2012-1B</name>
        <lei>5493007OOYUHTF8GSL63</lei>
        <title>New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2012-1B</title>
        <cusip>646080PG0</cusip>
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          <isin value="US646080PG08"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Turnpike Authority, Revenue Bonds, Series 2012B</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>New Jersey Turnpike Authority, Revenue Bonds, Series 2012B</title>
        <cusip>6461392A2</cusip>
        <identifiers>
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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>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Robert Wood Johnson University Hospital Issue, Series 2014A</name>
        <lei>N/A</lei>
        <title>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Robert Wood Johnson University Hospital Issue, Series 2014A</title>
        <cusip>64579F6M0</cusip>
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          <isin value="US64579F6M04"/>
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        <invCountry>US</invCountry>

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        <name>New Jersey Educational Facilities Authority, Revenue Bonds, Seton Hall University, Series 2016C</name>
        <lei>549300UTOO4X537XXG70</lei>
        <title>New Jersey Educational Facilities Authority, Revenue Bonds, Seton Hall University, Series 2016C</title>
        <cusip>646066B58</cusip>
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          <isin value="US646066B584"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, AHS Hospital Corporation, Refunding Series 2016</name>
        <lei>N/A</lei>
        <title>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, AHS Hospital Corporation, Refunding Series 2016</title>
        <cusip>645790FA9</cusip>
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          <isin value="US645790FA90"/>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>North Hudson Sewerage Authority, Gross Revenue Lease Certificates, Senior Lien Series 2012A</name>
        <lei>N/A</lei>
        <title>North Hudson Sewerage Authority, Gross Revenue Lease Certificates, Senior Lien Series 2012A</title>
        <cusip>660043CL2</cusip>
        <identifiers>
          <isin value="US660043CL29"/>
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        <name>Union County Utilities Authority, New Jersey, Resource Recovery Facility Lease Revenue Bonds, Covantan Union Inc Lessee, Refunding Series 2011B</name>
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        <name>Camden County Improvement Authority, New Jersey, Health Care Redevelopment Revenue Bonds, Cooper Health System Obligated Group Issue, Series 2013A</name>
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      <invstOrSec>
        <name>Delaware River Joint Toll Bridge Commission, Pennsylvania, Bridge System Revenue Bonds, Refunding Series 2012A</name>
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        <name>New Jersey Economic Development Authority, Revenue Bonds, The Seeing Eye Inc, Refunding Series 2017</name>
        <lei>5493006JS6QWDVU4R678</lei>
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        <cusip>64577HSY8</cusip>
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      <invstOrSec>
        <name>Hudson County Improvement Authority, New Jersey, County Guaranteed Governmental Loan Revenue Bonds, Guttenberg General Obligation Bond Project, Series</name>
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        <title>Hudson County Improvement Authority, New Jersey, County Guaranteed Governmental Loan Revenue Bonds, Guttenberg General Obligation Bond Project, Series</title>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>New Jersey Educational Facilities Authority, Revenue Bonds, Stevens Institute of Technology, Series 2017A</name>
        <lei>549300UTOO4X537XXG70</lei>
        <title>New Jersey Educational Facilities Authority, Revenue Bonds, Stevens Institute of Technology, Series 2017A</title>
        <cusip>646066M23</cusip>
        <identifiers>
          <isin value="US646066M235"/>
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      <invstOrSec>
        <name>Rutgers State University, New Jersey, Revenue Bonds, Series 2009G</name>
        <lei>549300BOYDHNW8J60112</lei>
        <title>Rutgers State University, New Jersey, Revenue Bonds, Series 2009G</title>
        <cusip>783186NB1</cusip>
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          <isin value="US783186NB17"/>
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        <name>Sussex County, New Jersey, General Obligation Bonds, Series 2019</name>
        <lei>N/A</lei>
        <title>Sussex County, New Jersey, General Obligation Bonds, Series 2019</title>
        <cusip>869265ZS0</cusip>
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      <invstOrSec>
        <name>New Jersey Economic Development Authority, Private Activity Bonds, The Goethals Bridge Replacement Project, Series 2013</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority, Private Activity Bonds, The Goethals Bridge Replacement Project, Series 2013</title>
        <cusip>645918Z97</cusip>
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        <invCountry>US</invCountry>

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          <maturityDt>2031-01-01</maturityDt>
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        <name>New Jersey Economic Development Authority, Revenue Bonds, West Campus Housing LLC - New Jersey City University Student Housing Project, Series 2015</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority, Revenue Bonds, West Campus Housing LLC - New Jersey City University Student Housing Project, Series 2015</title>
        <cusip>64577BHM9</cusip>
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        <name>New Jersey Housing and Mortgage Finance Agency, Single Family Housing Revenue Bonds, Series 2018B</name>
        <lei>5493002ONULJL0FIGU24</lei>
        <title>New Jersey Housing and Mortgage Finance Agency, Single Family Housing Revenue Bonds, Series 2018B</title>
        <cusip>64613ABC5</cusip>
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        <name>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Hunterdon Medical Center, Refunding Series 2014A</name>
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        <title>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Hunterdon Medical Center, Refunding Series 2014A</title>
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      <invstOrSec>
        <name>North Hudson Sewerage Authority, Gross Revenue Lease Certificates, Senior Lien Series 2012A</name>
        <lei>N/A</lei>
        <title>North Hudson Sewerage Authority, Gross Revenue Lease Certificates, Senior Lien Series 2012A</title>
        <cusip>660043BX7</cusip>
        <identifiers>
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        <assetCat>DBT</assetCat>
        <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>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Palisades Medical Center Obligated Group Issue, Refunding Series 2013</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New Jersey Housing and Mortgage Finance Agency, Multifamily Revenue Bonds, Series 2016B</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New Jersey Health Care Facilities Finance Authority, Revenue Bonds, AHS Hospital Corporation, Series 2008A</name>
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          <isin value="US645790ED49"/>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Bergen County Improvement Authority, New Jersey, Guaranteed Lease Revenue Bonds, County Administration Complex Project, Series 2005</name>
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          <isin value="US083778DZ02"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Monroe Township Board of Education, Middlesex County, New Jersey, General Obligation Bonds, Refunding Series 2015</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Educational Facilities Authority, Revenue Bonds, Montclair State University, Series 2015D</name>
        <lei>549300UTOO4X537XXG70</lei>
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        <cusip>646066LF5</cusip>
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          <isin value="US646066LF50"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Village Drive Healthcare Urban Renewal LLC, Series 2018</name>
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        <title>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Village Drive Healthcare Urban Renewal LLC, Series 2018</title>
        <cusip>64579YAA0</cusip>
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          <isin value="US64579YAA01"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-10-01</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Princeton HealthCare System, Series 2016A</name>
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        <title>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Princeton HealthCare System, Series 2016A</title>
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      <invstOrSec>
        <name>New Jersey Educational Facilities Authority, Revenue Bonds, Ramapo College, Refunding Series 2012B</name>
        <lei>549300UTOO4X537XXG70</lei>
        <title>New Jersey Educational Facilities Authority, Revenue Bonds, Ramapo College, Refunding Series 2012B</title>
        <cusip>6460653S9</cusip>
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        <name>New Jersey Economic Development Authority, Revenue Bonds, The Seeing Eye Inc, Refunding Series 2015</name>
        <lei>5493006JS6QWDVU4R678</lei>
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        <cusip>64577HSC6</cusip>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2015-1A</name>
        <lei>5493007OOYUHTF8GSL63</lei>
        <title>New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2015-1A</title>
        <cusip>646080RM5</cusip>
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        <name>New Brunswick Parking Authority, Middlesex County, New Jersey, Guaranteed Parking Revenue Bonds, Refunding Series 2016A</name>
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        <name>New Jersey Higher Education Assistance Authority, Senior Student Loan Revenue Bonds, Refunding Series 2018A</name>
        <lei>5493007OOYUHTF8GSL63</lei>
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        <cusip>646080TJ0</cusip>
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        <name>New Jersey Education Facilities Authority Revenue Bonds, The College of New Jersey Issue, Series 2013A</name>
        <lei>549300UTOO4X537XXG70</lei>
        <title>New Jersey Education Facilities Authority Revenue Bonds, The College of New Jersey Issue, Series 2013A</title>
        <cusip>6460657J5</cusip>
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        <name>Delaware River and Bay Authority, Delaware and New Jersey, Revenue Bonds, Series 2012A</name>
        <lei>549300DIIIT0MBXYHJ34</lei>
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        <cusip>246317ED9</cusip>
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        <invCountry>US</invCountry>

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        <name>Port Authority of New York and New Jersey, Special Project Bonds, JFK International Air Terminal LLC, Sixth Series 1997</name>
        <lei>54930006MR4KZ4W74Z83</lei>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>Passaic County Improvement Authority, New Jersey, Lease Revenue Bonds, Preakness Healthcare Center Expansion Project, Series 2012</name>
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        <title>Passaic County Improvement Authority, New Jersey, Lease Revenue Bonds, Preakness Healthcare Center Expansion Project, Series 2012</title>
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        <name>Delaware River Port Authority, Pennsylvania and New Jersey, Revenue Refunding Bonds, Port District Project, Series 2012</name>
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        <name>Delaware River Joint Toll Bridge Commission, New Jersey and Pennsylvania, Bridge System Revenue Bonds, Series 2019A</name>
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        <name>New Jersey Educational Facilities Authority, Revenue Bonds, Seton Hall University, Series 2016C</name>
        <lei>549300UTOO4X537XXG70</lei>
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        <name>New Jersey Transportation Trust Fund Authority, Federal Highway Reimbursement Revenue Notes, Series 2016A-1</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Economic Development Authority, Revenue Bonds, The Seeing Eye Inc, Refunding Series 2017</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority, Revenue Bonds, The Seeing Eye Inc, Refunding Series 2017</title>
        <cusip>64577HSZ5</cusip>
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          <isin value="US64577HSZ54"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-06-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Housing and Mortgage Finance Agency, Multifamily Revenue Bonds, Series 2017D</name>
        <lei>5493002ONULJL0FIGU24</lei>
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        <cusip>646108WD8</cusip>
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          <isin value="US646108WD83"/>
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        <balance>875000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.90000000</annualizedRt>
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        <name>Essex County Improvement Authority, New Jersey, Project Consolidation Revenue Bonds, Refunding Series 2007</name>
        <lei>N/A</lei>
        <title>Essex County Improvement Authority, New Jersey, Project Consolidation Revenue Bonds, Refunding Series 2007</title>
        <cusip>29680PET3</cusip>
        <identifiers>
          <isin value="US29680PET30"/>
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        <balance>5000.00000000</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>
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        <name>New Jersey Economic Development Authority, Special Facility Revenue Bonds, Port Newark Container Terminal LLC Project, Refunding Series 2017</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority, Special Facility Revenue Bonds, Port Newark Container Terminal LLC Project, Refunding Series 2017</title>
        <cusip>64578CCE9</cusip>
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          <isin value="US64578CCE93"/>
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        <balance>3085000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>Berkeley Heights Township, Union County, New Jersey, General Obligation Bonds, Series 2019</name>
        <lei>N/A</lei>
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        <cusip>084258CG5</cusip>
        <identifiers>
          <isin value="US084258CG52"/>
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        <invCountry>US</invCountry>

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          <couponKind>Fixed</couponKind>
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        <name>Delaware River Joint Toll Bridge Commission, New Jersey and Pennsylvania, Bridge System Revenue Bonds, Refunding Series 2015</name>
        <lei>549300N6IGAQMI0JLE23</lei>
        <title>Delaware River Joint Toll Bridge Commission, New Jersey and Pennsylvania, Bridge System Revenue Bonds, Refunding Series 2015</title>
        <cusip>246343KP1</cusip>
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          <isin value="US246343KP12"/>
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        <invCountry>US</invCountry>

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        <name>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Valley Health System Obligated Group, Series 2019</name>
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        <title>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Valley Health System Obligated Group, Series 2019</title>
        <cusip>645790NB8</cusip>
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      <invstOrSec>
        <name>New Jersey Educational Facilities Authority, Revenue Bonds, Seton Hall University, Series 2016C</name>
        <lei>549300UTOO4X537XXG70</lei>
        <title>New Jersey Educational Facilities Authority, Revenue Bonds, Seton Hall University, Series 2016C</title>
        <cusip>646066B66</cusip>
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          <isin value="US646066B667"/>
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        <invCountry>US</invCountry>

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        <name>New Brunswick, New Jersey, General Obligation Bonds, Cultural Center Project, Series 2017</name>
        <lei>N/A</lei>
        <title>New Brunswick, New Jersey, General Obligation Bonds, Cultural Center Project, Series 2017</title>
        <cusip>642815Q49</cusip>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-09-15</maturityDt>
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      <invstOrSec>
        <name>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Hackensack Meridian Health Obligated Group, Refunding Series 2017A</name>
        <lei>N/A</lei>
        <title>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Hackensack Meridian Health Obligated Group, Refunding Series 2017A</title>
        <cusip>645790KL9</cusip>
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          <isin value="US645790KL90"/>
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      <invstOrSec>
        <name>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Saint Joseph's Healthcare System Obligated Group Issue, Refunding Series 2016</name>
        <lei>N/A</lei>
        <title>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Saint Joseph's Healthcare System Obligated Group Issue, Refunding Series 2016</title>
        <cusip>645790BV7</cusip>
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        <name>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Saint Luke's Warren Hospital Obligated Group, Series 2013</name>
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        <name>Cumberland County Improvement Authority, New Jersey, County General Obligation Revenue Bonds, Technical High School Project, Series 2014</name>
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        <name>Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018A</name>
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        <name>New Jersey Transportation Trust Fund Authority, Federal Highway Reimbursement Revenue Notes, Series 2016A-1</name>
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        <lei>549300YUVD5TEXR6L889</lei>
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      <invstOrSec>
        <name>Gloucester County Improvement Authority, New Jersey, Revenue Bonds, Rowan University Project, Series 2019</name>
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          <isin value="US37970PJY97"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Middlesex County Improvement Authority, New Jersey, Senior Revenue Bonds, Heldrich Center Hotel/Conference Center Project, Series 2005A</name>
        <lei>549300QDGS1CLXDHV188</lei>
        <title>Middlesex County Improvement Authority, New Jersey, Senior Revenue Bonds, Heldrich Center Hotel/Conference Center Project, Series 2005A</title>
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          <isin value="US596566PW32"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Garden State Preservation Trust, New Jersey, Open Space and Farmland Preservation Bonds, Series 2005A</name>
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        <title>Garden State Preservation Trust, New Jersey, Open Space and Farmland Preservation Bonds, Series 2005A</title>
        <cusip>365418BX9</cusip>
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          <isin value="US365418BX94"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Hunterdon Medical Center, Refunding Series 2014A</name>
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        <title>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Hunterdon Medical Center, Refunding Series 2014A</title>
        <cusip>64579F7B3</cusip>
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          <isin value="US64579F7B30"/>
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        <balance>595000.00000000</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>2045-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Economic Development Authority, Revenue Refunding Bonds, Kapkowski Road Landfill Project, Series 2002</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority, Revenue Refunding Bonds, Kapkowski Road Landfill Project, Series 2002</title>
        <cusip>64577HMG3</cusip>
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          <isin value="US64577HMG38"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>592235.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Princeton HealthCare System, Series 2016A</name>
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        <title>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Princeton HealthCare System, Series 2016A</title>
        <cusip>64579F8L0</cusip>
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          <isin value="US64579F8L03"/>
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        <balance>600000.00000000</balance>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Institute of Technology, New Jersey, General Obligation Bonds, Series 2015A</name>
        <lei>N/A</lei>
        <title>New Jersey Institute of Technology, New Jersey, General Obligation Bonds, Series 2015A</title>
        <cusip>64579RBK2</cusip>
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          <isin value="US64579RBK23"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3465000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Subordinate Series 2017-C</name>
        <lei>5493007OOYUHTF8GSL63</lei>
        <title>New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Subordinate Series 2017-C</title>
        <cusip>646080TB7</cusip>
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          <isin value="US646080TB74"/>
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        <balance>1715000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>South Jersey Transportation Authority, New Jersey, Transportation System Revenue Bonds, Refunding Series 2019A</name>
        <lei>549300W8SZI2CAOKT956</lei>
        <title>South Jersey Transportation Authority, New Jersey, Transportation System Revenue Bonds, Refunding Series 2019A</title>
        <cusip>838536KF6</cusip>
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          <isin value="US838536KF64"/>
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        <balance>1000000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Turnpike Authority, Revenue Bonds, Series 2013A</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>New Jersey Turnpike Authority, Revenue Bonds, Series 2013A</title>
        <cusip>646140CU5</cusip>
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          <isin value="US646140CU52"/>
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        <balance>3150000.00000000</balance>
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        <valUSD>3463047.00000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Valley Health System Obligated Group, Series 2019</name>
        <lei>N/A</lei>
        <title>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Valley Health System Obligated Group, Series 2019</title>
        <cusip>645790NA0</cusip>
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          <isin value="US645790NA09"/>
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        <balance>775000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cumberland County Improvement Authority, New Jersey, General Obligation Lease Revenue Bonds, Vineland Public Safety Building Project, Series 2017</name>
        <lei>N/A</lei>
        <title>Cumberland County Improvement Authority, New Jersey, General Obligation Lease Revenue Bonds, Vineland Public Safety Building Project, Series 2017</title>
        <cusip>23058PAN7</cusip>
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          <isin value="US23058PAN78"/>
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        <balance>685000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New Jersey Economic Development Authority, Water Facilities Revenue Bonds, Middlesex Water Company, Series 2012C</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority, Water Facilities Revenue Bonds, Middlesex Water Company, Series 2012C</title>
        <cusip>645780FG7</cusip>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Somers Point, New Jersey, General Obligation Bonds, Improvement Sewer Utility Series 2019</name>
        <lei>N/A</lei>
        <title>Somers Point, New Jersey, General Obligation Bonds, Improvement Sewer Utility Series 2019</title>
        <cusip>834562GW4</cusip>
        <identifiers>
          <isin value="US834562GW40"/>
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        <balance>1145000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Capital Appreciation Series 2010A</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Capital Appreciation Series 2010A</title>
        <cusip>646136XH9</cusip>
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          <isin value="US646136XH92"/>
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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>2030-12-15</maturityDt>
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          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Saint Joseph's Healthcare System Obligated Group Issue, Refunding Series 2016</name>
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        <title>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Saint Joseph's Healthcare System Obligated Group Issue, Refunding Series 2016</title>
        <cusip>645790CA2</cusip>
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          <isin value="US645790CA28"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>Delaware River Joint Toll Bridge Commission, New Jersey and Pennsylvania, Bridge System Revenue Bonds, Refunding Series 2019B</name>
        <lei>549300N6IGAQMI0JLE23</lei>
        <title>Delaware River Joint Toll Bridge Commission, New Jersey and Pennsylvania, Bridge System Revenue Bonds, Refunding Series 2019B</title>
        <cusip>246343MX2</cusip>
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        <balance>3000000.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Passaic County Utilities Authority, New Jersey, Solid Waste Disposal Revenue Bonds, Refunding Series 2018</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>New Jersey Health Care Facilities Financing Authority, New Jersey, Revenue Bonds, Saint Peters University Hospital, Series 2007</name>
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          <isin value="US64579FSM67"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-07-01</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2019BB</name>
        <lei>549300YUVD5TEXR6L889</lei>
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          <isin value="US6461365R87"/>
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        <name>New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2013-1A</name>
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          <isin value="US646080PZ88"/>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New Jersey Turnpike Authority, Revenue Bonds, Series 2005A</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>New Jersey Turnpike Authority, Revenue Bonds, Series 2005A</title>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>Readington Township, New Jersey, General Obligation Bonds, General Improvement Series 2011</name>
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        <cusip>755664FU8</cusip>
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          <isin value="US755664FU88"/>
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        <balance>875000.00000000</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>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Housing and Mortgage Finance Agency, Single Family Housing Revenue Bonds, Series 2018A</name>
        <lei>5493002ONULJL0FIGU24</lei>
        <title>New Jersey Housing and Mortgage Finance Agency, Single Family Housing Revenue Bonds, Series 2018A</title>
        <cusip>64613AAB8</cusip>
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          <isin value="US64613AAB89"/>
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        <balance>1350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1447200.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Hudson County Improvement Authority, New Jersey, County Secured Lease Revenue Bonds, Hudson County Vocational Technical Schools Project, Series 2016</name>
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        <title>Hudson County Improvement Authority, New Jersey, County Secured Lease Revenue Bonds, Hudson County Vocational Technical Schools Project, Series 2016</title>
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      <invstOrSec>
        <name>New Jersey Educational Facilities Authority, Revenue Bonds, Ramapo College, Refunding Series 2012B</name>
        <lei>549300UTOO4X537XXG70</lei>
        <title>New Jersey Educational Facilities Authority, Revenue Bonds, Ramapo College, Refunding Series 2012B</title>
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        <assetCat>DBT</assetCat>
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        <name>New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2013-1A</name>
        <lei>5493007OOYUHTF8GSL63</lei>
        <title>New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2013-1A</title>
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      <invstOrSec>
        <name>CME Group Inc</name>
        <lei>N/A</lei>
        <title>US LONG BOND(CBT) Mar20</title>
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          <ticker value="USH0"/>
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        <balance>-33.00000000</balance>
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      <invstOrSec>
        <name>New Jersey Economic Development Authority, Charter School Revenue Bonds, Teaneck Community Charter School, Series 2017A</name>
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      <invstOrSec>
        <name>New Jersey Educational Facilities Authority, Revenue Bonds, Rider University, Series  2012A</name>
        <lei>549300UTOO4X537XXG70</lei>
        <title>New Jersey Educational Facilities Authority, Revenue Bonds, Rider University, Series  2012A</title>
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      <invstOrSec>
        <name>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Saint Joseph's Healthcare System Obligated Group Issue, Refunding Series 2016</name>
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        <title>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Saint Joseph's Healthcare System Obligated Group Issue, Refunding Series 2016</title>
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      <invstOrSec>
        <name>Gloucester County Improvement Authority, New Jersey, Revenue Bonds, Rowan University Project, Series 2019</name>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2018A</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2018A</title>
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          <isin value="US6461364K44"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <annualizedRt>4.25000000</annualizedRt>
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        <name>New Jersey Health Care Facilities Financing Authority, Revenue and Refunding Bonds, Barnabas Health, Series 2012A</name>
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        <name>Burlington County Bridge Commission, New Jersey, Governmental Leasing Program Revenue Bonds, Note Series 2019B</name>
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        <name>Delaware River Port Authority, Pennsylvania and New Jersey, Revenue Refunding Bonds, Port District Project, Series 2012</name>
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        <name>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Hackensack Meridian Health Obligated Group, Refunding Series 2017A</name>
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        <title>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Hackensack Meridian Health Obligated Group, Refunding Series 2017A</title>
        <cusip>645790JQ0</cusip>
        <identifiers>
          <isin value="US645790JQ07"/>
        </identifiers>
        <balance>3145000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3917726.50000000</valUSD>
        <pctVal>0.964063742763</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2010-2</name>
        <lei>5493007OOYUHTF8GSL63</lei>
        <title>New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2010-2</title>
        <cusip>646080LX7</cusip>
        <identifiers>
          <isin value="US646080LX76"/>
        </identifiers>
        <balance>510000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>527962.20000000</valUSD>
        <pctVal>0.129919537407</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>New Jersey Institute of Technology, New Jersey, General Obligation Bonds, Series 2012A</name>
        <lei>N/A</lei>
        <title>New Jersey Institute of Technology, New Jersey, General Obligation Bonds, Series 2012A</title>
        <cusip>64579RCQ8</cusip>
        <identifiers>
          <isin value="US64579RCQ83"/>
        </identifiers>
        <balance>990000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1071595.80000000</valUSD>
        <pctVal>0.263695451348</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>Montclair Township, Essex County, New Jersey, General Obligation Bonds, Refunding Parking Utility Series 2014A</name>
        <lei>549300IHOLDMQO2O8I86</lei>
        <title>Montclair Township, Essex County, New Jersey, General Obligation Bonds, Refunding Parking Utility Series 2014A</title>
        <cusip>6122215K3</cusip>
        <identifiers>
          <isin value="US6122215K35"/>
        </identifiers>
        <balance>330000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>346773.90000000</valUSD>
        <pctVal>0.085333201265</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</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>Essex County Improvement Authority, New Jersey, Project Consolidation Revenue Bonds, Refunding Series 2007</name>
        <lei>N/A</lei>
        <title>Essex County Improvement Authority, New Jersey, Project Consolidation Revenue Bonds, Refunding Series 2007</title>
        <cusip>29680PFB1</cusip>
        <identifiers>
          <isin value="US29680PFB13"/>
        </identifiers>
        <balance>820000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>921122.40000000</valUSD>
        <pctVal>0.226667356306</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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>New Jersey Economic Development Authority, Special Facility Revenue Bonds, Port Newark Container Terminal LLC Project, Refunding Series 2017</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority, Special Facility Revenue Bonds, Port Newark Container Terminal LLC Project, Refunding Series 2017</title>
        <cusip>64578CCF6</cusip>
        <identifiers>
          <isin value="US64578CCF68"/>
        </identifiers>
        <balance>2490000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2840791.20000000</valUSD>
        <pctVal>0.699054361421</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>Harrison, New Jersey, General Obligation Bonds, Parking Utility Series 2018</name>
        <lei>N/A</lei>
        <title>Harrison, New Jersey, General Obligation Bonds, Parking Utility Series 2018</title>
        <cusip>415342RW6</cusip>
        <identifiers>
          <isin value="US415342RW67"/>
        </identifiers>
        <balance>1380000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1473012.00000000</valUSD>
        <pctVal>0.362474884823</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</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>New Jersey Economic Development Authority, School Facilities Construction Financing Program Bonds, Refunding Series 2014PP</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority, School Facilities Construction Financing Program Bonds, Refunding Series 2014PP</title>
        <cusip>6459185Y5</cusip>
        <identifiers>
          <isin value="US6459185Y56"/>
        </identifiers>
        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1691610.00000000</valUSD>
        <pctVal>0.416266900687</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, University Hospital Issue, Refunding Series 2015A</name>
        <lei>N/A</lei>
        <title>New Jersey Health Care Facilities Financing Authority, Revenue Bonds, University Hospital Issue, Refunding Series 2015A</title>
        <cusip>64579F7P2</cusip>
        <identifiers>
          <isin value="US64579F7P26"/>
        </identifiers>
        <balance>1255000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1414171.65000000</valUSD>
        <pctVal>0.347995607607</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>South Jersey Transportation Authority, New Jersey, Transportation System Revenue Bonds, Refunding Series 2019A</name>
        <lei>549300W8SZI2CAOKT956</lei>
        <title>South Jersey Transportation Authority, New Jersey, Transportation System Revenue Bonds, Refunding Series 2019A</title>
        <cusip>838536KE9</cusip>
        <identifiers>
          <isin value="US838536KE99"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>629795.00000000</valUSD>
        <pctVal>0.154978282652</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>New Jersey Educational Facilities Authority, Revenue Bonds, Seton Hall University, Series 2013D</name>
        <lei>549300UTOO4X537XXG70</lei>
        <title>New Jersey Educational Facilities Authority, Revenue Bonds, Seton Hall University, Series 2013D</title>
        <cusip>6460656N7</cusip>
        <identifiers>
          <isin value="US6460656N73"/>
        </identifiers>
        <balance>710000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>786211.40000000</valUSD>
        <pctVal>0.193468815367</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>Port Authority of New York and New Jersey, Consolidated Revenue Bonds, Two Hundred Twelfth Series 2019</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>Port Authority of New York and New Jersey, Consolidated Revenue Bonds, Two Hundred Twelfth Series 2019</title>
        <cusip>73358W2C7</cusip>
        <identifiers>
          <isin value="US73358W2C78"/>
        </identifiers>
        <balance>3000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3447540.00000000</valUSD>
        <pctVal>0.848361496323</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>New Jersey Educational Facilities Authority, Revenue Bonds, Rider University, Series  2017F</name>
        <lei>549300UTOO4X537XXG70</lei>
        <title>New Jersey Educational Facilities Authority, Revenue Bonds, Rider University, Series  2017F</title>
        <cusip>646066Z94</cusip>
        <identifiers>
          <isin value="US646066Z948"/>
        </identifiers>
        <balance>2445000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2737617.60000000</valUSD>
        <pctVal>0.673665675669</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>Hudson County Improvement Authority, New Jersey, County Secured Lease Revenue Bonds, Hudson County Vocational Technical Schools Project, Series 2016</name>
        <lei>N/A</lei>
        <title>Hudson County Improvement Authority, New Jersey, County Secured Lease Revenue Bonds, Hudson County Vocational Technical Schools Project, Series 2016</title>
        <cusip>443730MH6</cusip>
        <identifiers>
          <isin value="US443730MH63"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1174010.00000000</valUSD>
        <pctVal>0.288897265963</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="The International Organization for Standardization (ISO) country code included within Part C.5. of this filing may differ from that used for other purposes, such as for fund portfolio compliance purposes and for financial reporting purposes (i.e. the preparation of the fund's schedule of investments included within Part F of Form N-PORT and Form N-CSR." noteItem="C.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2019-11-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Nuveen Multistate Trust II</ncom:nameOfApplicant>
      <ncom:signature>E. Scott Wickerham</ncom:signature>
      <ncom:signerName>E. Scott Wickerham</ncom:signerName>
      <ncom:title>Funds Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
