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        <name>Los Angeles Department of Airports, California, Revenue Bonds, Los Angeles International Airport, Subordinate Lien Series 2019F</name>
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        <name>California Pollution Control Financing Authority, Water Furnishing Revenue Bonds, Poseidon Resources Channelside LP Desalination Project, Series 2012</name>
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        <name>California School Finance Authority, California, Charter School Revenue Bonds, TEACH Public Schools Obligated Group, Series 2019A</name>
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        <name>Lathrop, California, Limited Obligation Improvement Bonds, Crossroads Assessment District, Series 2015</name>
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        <name>California Municipal Finance Authority, Revenue Bonds, Claremont Graduate University, Refunding Series 2020B</name>
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        <name>Fontana, California, Special Tax Bonds, Community Facilities District 86 Etiwanda Ridge, Series 2020</name>
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        <name>Foothill/Eastern Transportation Corridor Agency, California, Toll Road Revenue Bonds, Refunding Senior Lien Series 2015A</name>
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        <name>Oak Valley Hospital District, Stanislaus County, California, Revenue Bonds, Series 2010A</name>
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        <name>California School Finance Authority Charter School Revenue Bonds, Fenton Schools - Obligated Group, Series 2020A</name>
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      <invstOrSec>
        <name>California Housing Finance Agency, Municipal Certificate Revenue Bonds, Class A Series2019-1</name>
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        <name>Silicon Valley Tobacco Securitization Authority, California, Tobacco Settlement Asset-Backed Bonds, Santa Clara County Tobacco Securitization Corporat</name>
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        <name>Southern California Public Power Authority, Natural Gas Project 1 Revenue Bonds, Series 2007A</name>
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        <name>California Statewide Communities Development Authority, School Facility Revenue Bonds, Alliance College-Ready Public Schools, Series 2011A</name>
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        <name>Calimesa Community Facilities District No 2018-1, Riverside County, California, Special Tax Bonds, Summerwind Trails Improvement Series 2020</name>
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        <name>California School Finance Authority, California, Charter School Revenue Bonds, Alta Public Schools - Obligated Group, Series 2020A</name>
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        <name>California Statewide Communities Development Authority, College Housing Revenue Bonds, National Campus Community Development - Hooper Street LLC Proje</name>
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        <name>California School Finance Authority, Charter School Revenue Bonds, Rocketship Public Schools ? Obligated Group, Series 2017G</name>
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        <name>Independent Cities Finance Authority, California, Mobile Home Park Revenue Bonds, Rancho Feliz and Las Casitas De Sonoma, Refunding Series 2012</name>
        <lei>549300ZZZYTBUL6FR983</lei>
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        <name>California Municipal Finance Authority, Charter School Revenue Bonds, Palmdale Aerospace Academy Project, Series 2016A</name>
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        <name>California Statewide Communities Development Authority, Statewide Community Infrastructure Program Revenue Bonds, Series 2019C</name>
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        <name>California Statewide Communities Development Authority, Revenue Bonds, Emanate Health, Series 2020A</name>
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        <name>California School Finance Authority, Charter School Revenue Bonds, Classical Academies Project, Series 2017A</name>
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        <name>Guam Economic Development &amp; Commerce Authority, Tobacco Settlement Asset-Backed Bonds, Series 2007A</name>
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        <name>Denair Unified School District, Stanislaus County, California, General Obligation Bonds, Series 2002A</name>
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        <name>Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Senior Lien Series 2012A</name>
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        <name>Savanna Elementary School District, Orange County, California, General Obligation Bonds, Election 2008 Series 2012B</name>
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        <name>California Pollution Control Financing Authority, Water Furnishing Revenue Bonds, Poseidon Resources Channelside LP Desalination Project, Series 2012</name>
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        <name>Sabal Palm Community Development District, Florida, Special Assessment Bonds, Series 2016</name>
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        <name>California School Finance Authority Charter School Revenue Bonds, Bright Star Schools - Obligated Group, Series 2017</name>
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        <title>California School Finance Authority Charter School Revenue Bonds, Bright Star Schools - Obligated Group, Series 2017</title>
        <cusip>13058TGE4</cusip>
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          <isin value="US13058TGE47"/>
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        <name>California Municipal Finance Authority, Revenue Bonds, The Master's University &amp; Seminary, Series 2019</name>
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        <name>California Municipal Finance Authority, Multifamily Housing Revenue Bonds, Casa Griffin Apartments, Series 2011A-1</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <name>California Community College Financing Authority, Lease Revenue Bonds, Refunding Series 2003</name>
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        <title>California Community College Financing Authority, Lease Revenue Bonds, Refunding Series 2003</title>
        <cusip>13012EPB8</cusip>
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        <name>Bakersfield City School District, Kern County, California, General Obligation Bonds, Series 2012C</name>
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        <cusip>057507HW8</cusip>
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        <name>Santa Clara County Housing Authority, California, Multifamily Housing Revenue Bonds, Blossom River Project, Series 1998A</name>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority, Power Revenue Bonds, Refunding Series 2012A</name>
        <lei>5493003BRB67HF8ST418</lei>
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        <cusip>74526QV33</cusip>
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      <invstOrSec>
        <name>Government of Guam, Business Privilege Tax Bonds, Series 2012B-1</name>
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        <name>California Municipal Finance Authority,  Revenue Bonds, Creative Center of Los Altos Project?Pinewood &amp; Oakwood Schools, Series 2016B</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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      <invstOrSec>
        <name>University of Puerto Rico, University System Revenue Bonds, Series 2006Q</name>
        <lei>N/A</lei>
        <title>University of Puerto Rico, University System Revenue Bonds, Series 2006Q</title>
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        <name>Lake Tahoe Unified School District, El Dorado County, California, General Obligation Bonds, Series 2010</name>
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        <name>University of Puerto Rico, University System Revenue Bonds, Refunding Series 2006P</name>
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        <name>California Community Housing Agency, California, Essential Housing Revenue Bonds, Serenity at Larkspur Apartments, Series 2020A</name>
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        <name>Compton Community Redevelopment Agency, California, Tax Allocation Revenue Bonds, Redevelopment Projects, Housing Second Lien Series 2010A</name>
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        <title>Compton Community Redevelopment Agency, California, Tax Allocation Revenue Bonds, Redevelopment Projects, Housing Second Lien Series 2010A</title>
        <cusip>204712HH9</cusip>
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        <name>Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Note, Refunding Series 2014C</name>
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        <cusip>927676TM8</cusip>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Riverside County Redevelopment Agency, California, Tax Allocation Bonds, Interstate 215 Corridor Redevelopment Project Area, Series 2010E</name>
        <lei>N/A</lei>
        <title>Riverside County Redevelopment Agency, California, Tax Allocation Bonds, Interstate 215 Corridor Redevelopment Project Area, Series 2010E</title>
        <cusip>769123HE3</cusip>
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        <name>California Pollution Control Financing Authority, Solid Waste Disposal Revenue Bonds, Aemerge Redpak Services, LLC, Series 2016</name>
        <lei>N/A</lei>
        <title>California Pollution Control Financing Authority, Solid Waste Disposal Revenue Bonds, Aemerge Redpak Services, LLC, Series 2016</title>
        <cusip>130536QU2</cusip>
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        <invCountry>US</invCountry>

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        <name>Palomar Pomerado Health Care District, California, Certificates of Participation, Series 2017</name>
        <lei>N/A</lei>
        <title>Palomar Pomerado Health Care District, California, Certificates of Participation, Series 2017</title>
        <cusip>69752RAN5</cusip>
        <identifiers>
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      <invstOrSec>
        <name>California Municipal Finance Authority, Mobile Home Park Revenue Bonds, Windsor Mobile Country Club, Subordinate Series 2013B</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority, Mobile Home Park Revenue Bonds, Windsor Mobile Country Club, Subordinate Series 2013B</title>
        <cusip>13049SAR5</cusip>
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        <invCountry>US</invCountry>

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        <name>Lake Elsinore Public Financing Authority, California, Local Agency Revenue Bonds, Canyon Hills Improvement Area C, Series 2012C</name>
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        <title>Lake Elsinore Public Financing Authority, California, Local Agency Revenue Bonds, Canyon Hills Improvement Area C, Series 2012C</title>
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        <name>Marysville, California, Revenue Bonds, Fremont-Rideout Health Group, Series 2011</name>
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        <cusip>574374AQ7</cusip>
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      <invstOrSec>
        <name>California Statewide Community Development Authority, Revenue Bonds, Daughters of Charity Health System, Series 2005A</name>
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        <title>California Statewide Community Development Authority, Revenue Bonds, Daughters of Charity Health System, Series 2005A</title>
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      <invstOrSec>
        <name>Riverside County, California, Special Tax Bonds, Community Facilities District 07-2 Clinton Keith, Series 2017</name>
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        <title>Riverside County, California, Special Tax Bonds, Community Facilities District 07-2 Clinton Keith, Series 2017</title>
        <cusip>76911FUJ1</cusip>
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        <invCountry>US</invCountry>

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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>San Francisco Airports Commission, California, Revenue Bonds, San Francisco International Airport, Second Series 2019A</name>
        <lei>54930055TIDYHNDP4F84</lei>
        <title>San Francisco Airports Commission, California, Revenue Bonds, San Francisco International Airport, Second Series 2019A</title>
        <cusip>79766DMA4</cusip>
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          <isin value="US79766DMA45"/>
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        <balance>7590000.00000000</balance>
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        <name>Riverside, California, Special Tax Bonds, Community Facilities District 2015-1 Orangecrest Grove, Series 2020A</name>
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        <name>Bay Area Toll Authority, California, Revenue Bonds, San Francisco Bay Area Toll Bridge, Subordinate Fixed Rate Series 2017S-7</name>
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      <invstOrSec>
        <name>California County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Bonds, Alameda County Tobacco Asset Securitization Corporation, Subor</name>
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          <isin value="US13016NCH52"/>
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        <name>California School Finance Authority, Charter School Revenue Bonds, Larchmont Charter School Project , Series 2018A</name>
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        <title>California School Finance Authority, Charter School Revenue Bonds, Larchmont Charter School Project , Series 2018A</title>
        <cusip>13058TGU8</cusip>
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        <name>San Joaquin Hills Transportation Corridor Agency, Orange County, California, Toll Road Revenue Bonds, Refunding Junior Lien Series 2014B</name>
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        <cusip>798111GD6</cusip>
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          <isin value="US798111GD61"/>
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        <invCountry>US</invCountry>

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        <name>San Diego Unified School District, San Diego County, California, General Obligation Bonds, Refunding Series 2012R-2</name>
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        <title>San Diego Unified School District, San Diego County, California, General Obligation Bonds, Refunding Series 2012R-2</title>
        <cusip>797355Q56</cusip>
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          <isin value="US797355Q560"/>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>California School Finance Authority, Educational Facility Revenue Bonds, Partnerships to Uplift Communities Valley Project, Series 2014</name>
        <lei>N/A</lei>
        <title>California School Finance Authority, Educational Facility Revenue Bonds, Partnerships to Uplift Communities Valley Project, Series 2014</title>
        <cusip>130591AP5</cusip>
        <identifiers>
          <isin value="US130591AP50"/>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Dublin, California, Special Tax Bonds, Community Facilities District 2015-1 Improvement Area 2 Dublin Crossing, Series 2019</name>
        <lei>N/A</lei>
        <title>Dublin, California, Special Tax Bonds, Community Facilities District 2015-1 Improvement Area 2 Dublin Crossing, Series 2019</title>
        <cusip>26362RAL1</cusip>
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          <isin value="US26362RAL15"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Hercules Redevelopment Agency, California, Tax Allocation Bonds, Merged Project Area, Series 2007A</name>
        <lei>N/A</lei>
        <title>Hercules Redevelopment Agency, California, Tax Allocation Bonds, Merged Project Area, Series 2007A</title>
        <cusip>427101FC9</cusip>
        <identifiers>
          <isin value="US427101FC95"/>
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        <balance>745000.00000000</balance>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Silicon Valley Tobacco Securitization Authority, California, Tobacco Settlement Asset-Backed Bonds, Santa Clara County Tobacco Securitization Corporat</name>
        <lei>N/A</lei>
        <title>Silicon Valley Tobacco Securitization Authority, California, Tobacco Settlement Asset-Backed Bonds, Santa Clara County Tobacco Securitization Corporat</title>
        <cusip>82706TAA9</cusip>
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          <isin value="US82706TAA97"/>
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      <invstOrSec>
        <name>Cathedral City Public Financing Authority, California, Tax Allocation Bonds, Merged Redevelopment Project Area, Series 2007A</name>
        <lei>N/A</lei>
        <title>Cathedral City Public Financing Authority, California, Tax Allocation Bonds, Merged Redevelopment Project Area, Series 2007A</title>
        <cusip>14915YKH2</cusip>
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          <isin value="US14915YKH26"/>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>California State, General Obligation Bonds, Various Purpose Series 2015</name>
        <lei>N/A</lei>
        <title>California State, General Obligation Bonds, Various Purpose Series 2015</title>
        <cusip>13063CRB8</cusip>
        <identifiers>
          <isin value="US13063CRB80"/>
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      <invstOrSec>
        <name>Chula Vista, California, Special Tax Bonds, Community Facilities District 16-I Millenia Improvement Area 1, Series 2018</name>
        <lei>N/A</lei>
        <title>Chula Vista, California, Special Tax Bonds, Community Facilities District 16-I Millenia Improvement Area 1, Series 2018</title>
        <cusip>171312KK6</cusip>
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          <isin value="US171312KK63"/>
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      <invstOrSec>
        <name>Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2016</name>
        <lei>N/A</lei>
        <title>Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2016</title>
        <cusip>40065FCH5</cusip>
        <identifiers>
          <isin value="US40065FCH55"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <debtSec>
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      <invstOrSec>
        <name>California Municipal Finance Authority, Special Facility Revenue Bonds, United Airlines, Inc Los Angeles International Airport Project, Series 2019</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority, Special Facility Revenue Bonds, United Airlines, Inc Los Angeles International Airport Project, Series 2019</title>
        <cusip>13050RAA0</cusip>
        <identifiers>
          <isin value="US13050RAA05"/>
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        <balance>15255000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Folsom Ranch Financing Authority, California, Special Tax Revenue Bonds, Series 2017</name>
        <lei>N/A</lei>
        <title>Folsom Ranch Financing Authority, California, Special Tax Revenue Bonds, Series 2017</title>
        <cusip>344414BG1</cusip>
        <identifiers>
          <isin value="US344414BG11"/>
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        <balance>2785000.00000000</balance>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>Foothill/Eastern Transportation Corridor Agency, California, Toll Road Revenue Bonds, Refunding Term Rate Sub-Series 2013B-1</name>
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        <name>Lathrop, California, Special Tax Bonds, Community Facilities District 2018-1, Central Lathrop Specific Plan Improvement Areas 1-5 Special Tax Bonds, S</name>
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        <name>University of Puerto Rico, University System Revenue Bonds, Refunding Series 2006P</name>
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          <isin value="US914811NQ30"/>
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        <name>San Diego Unified School District, San Diego County, California, General Obligation Bonds, Tender Option Bond 2016-XF2355, Formerly Tender Option Bond</name>
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      <invstOrSec>
        <name>University of California, General Revenue Bonds, Tender Option Bond Trust 2016-XL0001</name>
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      <invstOrSec>
        <name>Elk Grove Unified School District, Sacramento County, California, General Obligation Bonds, Election of 2016, Series 2017</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>University of Puerto Rico, University System Revenue Bonds, Refunding Series 2006P</name>
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      <invstOrSec>
        <name>Lee Lake Public Financing Authority, California, Junior Lien Revenue Bonds, Series 2013B</name>
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        <title>Lee Lake Public Financing Authority, California, Junior Lien Revenue Bonds, Series 2013B</title>
        <cusip>523831BM6</cusip>
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        <name>California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2018A</name>
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        <name>Compton Public Finance Authority, California, Lease Revenue Bonds, Refunding &amp; Various Capital Projects, Series 2008</name>
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        <name>California School Finance Authority, Educational Facilities Revenue Bonds, New Designs Charter School Adams Campus Project, Series 2019A</name>
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        <name>Temecula Valley Unified School District, Riverside County, California, Special Tax Bonds, Community Facilities District 2011-1, Series 2014</name>
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        <name>California Statewide Communities Development Authority, Statewide Community Infrastructure Program Revenue Bonds, Series 2020A</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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        <name>San Joaquin Hills Transportation Corridor Agency, Orange County, California, Toll Road Revenue Bonds, Refunding Senior Lien Series 2014A</name>
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      <invstOrSec>
        <name>California Statewide Communities Development Authority, Statewide Community Infrastructure Program Revenue Bonds, Series 2016A</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority, Statewide Community Infrastructure Program Revenue Bonds, Series 2016A</title>
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        <name>Puerto Rico Electric Power Authority, Power Revenue Bonds, Taxable Series 2010BBB</name>
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        <name>Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1</name>
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        <name>Cathedral City Public Financing Authority, California, Tax Allocation Bonds, Merged Redevelopment Project Area, Series 2007C</name>
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        <name>Riverside County Asset Leasing Corporation, California, Lease Revenue Bonds, Capital Project, Tender Option Bond Trust 2015-XF1020</name>
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        <name>Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Senior Lien Series 2008A</name>
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        <name>Illinois State, General Obligation Bonds, November Series 2017D</name>
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        <name>Palomar Pomerado Health Care District, California, Certificates of Participation, Series 2017</name>
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        <name>Lee Lake Public Financing Authority, California, Junior Lien Revenue Bonds, Series 2013B</name>
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        <name>Pittsburg Redevelopment Agency, California, Tax Allocation Bonds, Los Medanos Community Development Project, Series 1999</name>
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        <name>Sacramento City Financing Authority California, Lease Revenue Bonds, Master Lease Program Facilities Projects, Tender Option Bond Trust 2016-XG0100</name>
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        <name>California Statewide Communities Development Authority, Statewide Community Infrastructure Program Revenue Bonds, Series 2019B</name>
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        <name>University of Puerto Rico, University System Revenue Bonds, Series 2006Q</name>
        <lei>N/A</lei>
        <title>University of Puerto Rico, University System Revenue Bonds, Series 2006Q</title>
        <cusip>914811PR9</cusip>
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        <name>Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2003NN</name>
        <lei>5493003BRB67HF8ST418</lei>
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        <name>California Statewide Communities Development Authority, Statewide Community Infrastructure Program Revenue Bonds, Series 2011A</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority, Statewide Community Infrastructure Program Revenue Bonds, Series 2011A</title>
        <cusip>13078YGQ2</cusip>
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        <name>Puerto Rico Electric Power Authority, Power Revenue Bonds, Federally Taxable Build America Bonds, Series 2010YY</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority, Power Revenue Bonds, Federally Taxable Build America Bonds, Series 2010YY</title>
        <cusip>74526QV74</cusip>
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      <invstOrSec>
        <name>Davis Redevelopment Agency, California, Tax Allocation Bonds, Davis Redevelopment Project, Subordinate Series 2011A</name>
        <lei>N/A</lei>
        <title>Davis Redevelopment Agency, California, Tax Allocation Bonds, Davis Redevelopment Project, Subordinate Series 2011A</title>
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        <name>Ontario, California, Special Tax Bonds, Community Facilities District 28 New Haven Facilities - Area A, Series 2017</name>
        <lei>N/A</lei>
        <title>Ontario, California, Special Tax Bonds, Community Facilities District 28 New Haven Facilities - Area A, Series 2017</title>
        <cusip>68302TBF4</cusip>
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        <name>California Municipal Finance Authority, Revenue Bonds, Goodwill Industries of Sacramento Valley &amp; Northern Nevada Project, Series 2012A</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <cusip>13048TNF6</cusip>
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      <invstOrSec>
        <name>Romoland School District, California, Special Tax Bonds, Community Facilities District 91-1, Series 2017</name>
        <lei>N/A</lei>
        <title>Romoland School District, California, Special Tax Bonds, Community Facilities District 91-1, Series 2017</title>
        <cusip>776192QP4</cusip>
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        <name>Long Beach Bond Finance Authority, California, Natural Gas Purchase Revenue Bonds, Series 2007A</name>
        <lei>549300BKBZ5U7OZH3S21</lei>
        <title>Long Beach Bond Finance Authority, California, Natural Gas Purchase Revenue Bonds, Series 2007A</title>
        <cusip>54241AAU7</cusip>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>Poway Unified School District, San Diego County, California, General Obligation Bonds, School Facilities Improvement District 2007-1, Series 2011A</name>
        <lei>N/A</lei>
        <title>Poway Unified School District, San Diego County, California, General Obligation Bonds, School Facilities Improvement District 2007-1, Series 2011A</title>
        <cusip>738850RH1</cusip>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>Inland Empire Tobacco Securitization Authority, California, Tobacco Settlement Asset-Backed Bonds, Series 2007C-2 Turbo Capital Appreciation</name>
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        <title>Inland Empire Tobacco Securitization Authority, California, Tobacco Settlement Asset-Backed Bonds, Series 2007C-2 Turbo Capital Appreciation</title>
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      <invstOrSec>
        <name>California Municipal Finance Authority, Charter School Lease Revenue Bonds, Nova Academy Project, Series 2016A</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority, Charter School Lease Revenue Bonds, Nova Academy Project, Series 2016A</title>
        <cusip>130486AY9</cusip>
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        <name>Rohnert Park Community Development Agency, California, Tax Allocation Bonds, Series 1999</name>
        <lei>N/A</lei>
        <title>Rohnert Park Community Development Agency, California, Tax Allocation Bonds, Series 1999</title>
        <cusip>77539HDA5</cusip>
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        <name>California Municipal Finance Authority Charter School Revenue Bonds, John Adams Academies, Inc Project, Series 2015A</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <name>Rocklin Unified School District, Placer County, California, Special Tax Bonds, Community Facilities District 2, Series 2007</name>
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        <name>California School Finance Authority, California, Charter School Revenue Bonds, Aspire Public Schools, Refunding Series 2015A</name>
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      <invstOrSec>
        <name>California Enterprise Development Authority, Lease Revenue Bonds, Riverside County Library Facilities Project, Series 2019</name>
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        <name>Guam International Airport Authority, Revenue Bonds, Series 2013C</name>
        <lei>N/A</lei>
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        <name>California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2014A</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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      <invstOrSec>
        <name>California Statewide Community Development Authority, Revenue Bonds, Daughters of Charity Health System, Series 2005A</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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      <invstOrSec>
        <name>California Public Finance Authority, Revenue Bonds, Henry Mayo Newhall Hospital, Series 2017</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority, Revenue Bonds, Henry Mayo Newhall Hospital, Series 2017</title>
        <cusip>13057EAL8</cusip>
        <identifiers>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <debtSec>
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        <name>Los Angeles Department of Water and Power, California, Power System Revenue Bonds, Series 2017A</name>
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        <cusip>544495Z64</cusip>
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        <name>Palm Desert, California, Special Tax Bonds, Community Facilities District 2005-1 University Park, Series 2006</name>
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      <invstOrSec>
        <name>Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed Bonds, Series 2018A-2</name>
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        <title>Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed Bonds, Series 2018A-2</title>
        <cusip>38122NZW5</cusip>
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      <invstOrSec>
        <name>Temecula Public Financing Authority, California, Special Tax Bonds, Community Facilities District 16-01, Series 2017</name>
        <lei>N/A</lei>
        <title>Temecula Public Financing Authority, California, Special Tax Bonds, Community Facilities District 16-01, Series 2017</title>
        <cusip>87972YGA8</cusip>
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        <name>Inglewood Public Financing Authority, California, Lease Revenue Bonds, Refunding Series 2012</name>
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        <title>Inglewood Public Financing Authority, California, Lease Revenue Bonds, Refunding Series 2012</title>
        <cusip>457104CG0</cusip>
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        <name>California Community Housing Agency, California, Essential Housing Revenue Bonds, Verdant at Green Valley Apartments, Series 2019A</name>
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        <title>California Community Housing Agency, California, Essential Housing Revenue Bonds, Verdant at Green Valley Apartments, Series 2019A</title>
        <cusip>13013FAA2</cusip>
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        <name>River Delta Unified School District, Sacramento and Solano Counties, California, General Obligation Bonds, School Faciliteis Improvement District 2, E</name>
        <lei>N/A</lei>
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        <cusip>768040CM7</cusip>
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          <isin value="US768040CM71"/>
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        <name>California State, General Obligation Bonds, Various Purpose Series 2020</name>
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        <title>California State, General Obligation Bonds, Various Purpose Series 2020</title>
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      <invstOrSec>
        <name>Western Placer Unified School District, Placer County, California, Certificates of Participation, Refinancing Project, Series 2017</name>
        <lei>N/A</lei>
        <title>Western Placer Unified School District, Placer County, California, Certificates of Participation, Refinancing Project, Series 2017</title>
        <cusip>959215FL3</cusip>
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      <invstOrSec>
        <name>Lynwood Redevelopment Agency, California, Tax Allocation Revenue Bonds, Project Area A, Subordinate Lien Series 2011A</name>
        <lei>N/A</lei>
        <title>Lynwood Redevelopment Agency, California, Tax Allocation Revenue Bonds, Project Area A, Subordinate Lien Series 2011A</title>
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      <invstOrSec>
        <name>California Municipal Finance Authority, Charter School Lease Revenue Bonds, Rocketship 7-Alma Academy Elementary School, Series 2012A</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority, Charter School Lease Revenue Bonds, Rocketship 7-Alma Academy Elementary School, Series 2012A</title>
        <cusip>13048DAA6</cusip>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2007VV</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2007VV</title>
        <cusip>74526QPS5</cusip>
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        <name>Beaumont Financing Authority, California, Local Agency Revenue Bonds, Improvement Area 17A, Series 2013B</name>
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        <name>California Statewide Communities Development Authority, Statewide Community Infrastructure Program Revenue Bonds, Series 2019B</name>
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        <name>California School Finance Authority, Educational Facility Revenue Bonds, River Springs Charter School Project, Series 2017A</name>
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        <name>Beaumont, California, Special Tax Bonds, Community Facilities District 93-1 Improvement Area 8D, Series 2018A</name>
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        <name>Antelope Valley Healthcare District, California, Revenue Bonds, Series 2011A</name>
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          <isin value="US036680BD70"/>
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        <name>California Statewide Communities Development Authority, Statewide Community Infrastructure Program Revenue Bonds, Series 2020A</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority, Statewide Community Infrastructure Program Revenue Bonds, Series 2020A</title>
        <cusip>13078YQV0</cusip>
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        <name>Corona, California, Special Tax Bonds, Community Facilities District 2002-1 Dos Lagos Improvement Area 1, Refunding Series 2017</name>
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        <cusip>219680CZ6</cusip>
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        <name>Upland, California, Certificates of Participation, San Antonio Regional Hospital, Series 2017</name>
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        <name>Lathrop, California, Special Tax Bonds, Community Facilities District 2018-1, Central Lathrop Specific Plan Improvement Areas 1-5 Special Tax Bonds, S</name>
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        <name>Virgin Islands Water and Power Authority, Electric System Revenue Bonds, Refunding Series 2007A</name>
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        <cusip>927688FE6</cusip>
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        <name>California Municipal Finance Authority, Charter School Revenue Bonds, Partnerships to Uplift Communities Project, Series 2012A</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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      <invstOrSec>
        <name>Antelope Valley Community College District, Los Angeles County, California, General Obligation Bonds, Election 2016 Series 2020B</name>
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        <name>Del Mar Union School District, San Diego County, California, Special Tax Bonds, Community Facilities District 99-1, Refunding Facilities Financing Ser</name>
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      <invstOrSec>
        <name>Tobacco Securitization Authority of Southern California, Tobacco Settlement Asset-Backed Bonds, San Diego County Tobacco Asset Securitization Corporat</name>
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          <isin value="US888804AZ47"/>
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      <invstOrSec>
        <name>Northern Inyo County Local Hospital District, California, General Obligation Bonds, Election 2005 Series 2009</name>
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          <isin value="US665296DE61"/>
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      <invstOrSec>
        <name>Beaumont, California, Special Tax Bonds, Community Facilities District 2016-1 Fairway Canyon, Series 2019</name>
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          <isin value="US074434AX93"/>
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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>Independent Cities Finance Authority, California, Mobile Home Park Revenue Bonds, Palomar Estates West, Refunding Series 2015</name>
        <lei>549300ZZZYTBUL6FR983</lei>
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        <cusip>45385LHD8</cusip>
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          <isin value="US45385LHD82"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Tobacco Securitization Authority of Northern California, Tobacco Settlement Asset-Backed Bonds, Series 2005A-1</name>
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        <title>Tobacco Securitization Authority of Northern California, Tobacco Settlement Asset-Backed Bonds, Series 2005A-1</title>
        <cusip>888794AU8</cusip>
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          <isin value="US888794AU85"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>California School Finance Authority, Educational Facility Revenue Bonds, Partnerships to Uplift Communities Valley Project, Series 2014</name>
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        <title>California School Finance Authority, Educational Facility Revenue Bonds, Partnerships to Uplift Communities Valley Project, Series 2014</title>
        <cusip>130591AN0</cusip>
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          <isin value="US130591AN03"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dana Point, California, Special Tax Bonds, Community Facilities District 2006-1 Series 2014</name>
        <lei>N/A</lei>
        <title>Dana Point, California, Special Tax Bonds, Community Facilities District 2006-1 Series 2014</title>
        <cusip>235839CU9</cusip>
        <identifiers>
          <isin value="US235839CU92"/>
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        <balance>1250000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>University of Puerto Rico, University System Revenue Bonds, Series 2006Q</name>
        <lei>N/A</lei>
        <title>University of Puerto Rico, University System Revenue Bonds, Series 2006Q</title>
        <cusip>914811PK4</cusip>
        <identifiers>
          <isin value="US914811PK42"/>
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        <balance>230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>226837.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Dixon, California, Special Tax Bonds, Community Facilities District 2013-1 Parklane, Series 2019</name>
        <lei>N/A</lei>
        <title>Dixon, California, Special Tax Bonds, Community Facilities District 2013-1 Parklane, Series 2019</title>
        <cusip>255650DN0</cusip>
        <identifiers>
          <isin value="US255650DN03"/>
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        <balance>1200000.00000000</balance>
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        <valUSD>1343208.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Foothill/Eastern Transportation Corridor Agency, California, Toll Road Revenue Bonds, Refunding Series 2013A</name>
        <lei>N/A</lei>
        <title>Foothill/Eastern Transportation Corridor Agency, California, Toll Road Revenue Bonds, Refunding Series 2013A</title>
        <cusip>345105HB9</cusip>
        <identifiers>
          <isin value="US345105HB94"/>
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        <balance>1775000.00000000</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>
        <debtSec>
          <maturityDt>2042-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Santa Ana Financing Authority, California, Lease Revenue Bonds, Police Administration and Housing Facility, Series 1994A</name>
        <lei>N/A</lei>
        <title>Santa Ana Financing Authority, California, Lease Revenue Bonds, Police Administration and Housing Facility, Series 1994A</title>
        <cusip>801109BP3</cusip>
        <identifiers>
          <isin value="US801109BP35"/>
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        <balance>205000.00000000</balance>
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        <invCountry>US</invCountry>

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          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>Washington Township Health Care District, California, Revenue Bonds, Series 2017A</name>
        <lei>N/A</lei>
        <title>Washington Township Health Care District, California, Revenue Bonds, Series 2017A</title>
        <cusip>940204ED8</cusip>
        <identifiers>
          <isin value="US940204ED85"/>
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        <balance>200000.00000000</balance>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
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      <invstOrSec>
        <name>Roseville, California, Special Tax Bonds, Community Facilities District 1 Hewlett Parkard Campus Oaks, Series 2016</name>
        <lei>549300OH100KESVPND17</lei>
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        <cusip>777870WD4</cusip>
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          <isin value="US777870WD41"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-01</maturityDt>
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      <invstOrSec>
        <name>Compton, California, Sewer Revenue Bonds, Series 2009</name>
        <lei>N/A</lei>
        <title>Compton, California, Sewer Revenue Bonds, Series 2009</title>
        <cusip>204730BL8</cusip>
        <identifiers>
          <isin value="US204730BL82"/>
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        <balance>2000000.00000000</balance>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-09-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>California School Finance Authority, School Facility Revenue Bonds, Alta Public Schools Project, Series 2014A</name>
        <lei>N/A</lei>
        <title>California School Finance Authority, School Facility Revenue Bonds, Alta Public Schools Project, Series 2014A</title>
        <cusip>13059TAZ2</cusip>
        <identifiers>
          <isin value="US13059TAZ21"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <debtSec>
          <maturityDt>2034-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2013A</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2013A</title>
        <cusip>74526QU67</cusip>
        <identifiers>
          <isin value="US74526QU678"/>
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        <balance>4430000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
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          <annualizedRt>4.10190000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hercules Redevelopment Agency, California, Tax Allocation Bonds, Merged Project Area, Series 2005</name>
        <lei>N/A</lei>
        <title>Hercules Redevelopment Agency, California, Tax Allocation Bonds, Merged Project Area, Series 2005</title>
        <cusip>427101BY5</cusip>
        <identifiers>
          <isin value="US427101BY51"/>
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        <name>Compton Public Finance Authority, California, Lease Revenue Bonds, Refunding &amp; Various Capital Projects, Series 2008</name>
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        <name>Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Senior Lien Series 2012A</name>
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        <name>California Statewide Communities Development Authority, Statewide Community Infrastructure Program Revenue Bonds, Series 2019C</name>
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        <name>Moreno Valley, California, Special Tax Bonds, Community Facilities District 5, Series 2007</name>
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      <invstOrSec>
        <name>Fairfield, California, Community Facilities District 2007-1 Special Tax Bonds, Fairield Commons Project, Series 2008</name>
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        <fairValLevel>2</fairValLevel>
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        <name>San Jacinto Unified School District, California, Community Facilities District 2003-1 Infrastructure Projects, Series 2016</name>
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        <name>Mount San Antonio Community College District, Los Angeles County, California, General Obligation Bonds, Election of 2018, Series 2019A</name>
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        <cusip>623040KE1</cusip>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sanger Unified School District, Fresno County, California, General Obligation Bonds, Election of 2018, Series 2020B</name>
        <lei>N/A</lei>
        <title>Sanger Unified School District, Fresno County, California, General Obligation Bonds, Election of 2018, Series 2020B</title>
        <cusip>800851SF5</cusip>
        <identifiers>
          <isin value="US800851SF55"/>
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        <balance>5500000.00000000</balance>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Health Facilities Financing Authority, Revenue Bonds, Lucile Salter Packard Children's Hosptial at Stanford, Series 2017A</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority, Revenue Bonds, Lucile Salter Packard Children's Hosptial at Stanford, Series 2017A</title>
        <cusip>13032UPX0</cusip>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>Menifee Union School District, Riverside County, California, Special Tax Bonds, Community Facilities District 2014-2, Series 2017</name>
        <lei>N/A</lei>
        <title>Menifee Union School District, Riverside County, California, Special Tax Bonds, Community Facilities District 2014-2, Series 2017</title>
        <cusip>586810YX5</cusip>
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        <name>Riverside Unified School District, Riverside County, California, Special Tax Bonds, Community Facilities District 32, Series 2020</name>
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        <title>Riverside Unified School District, Riverside County, California, Special Tax Bonds, Community Facilities District 32, Series 2020</title>
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      <invstOrSec>
        <name>California Health Facilities Financing Authority, California, Revenue Bonds, Sutter Health, Refunding Series 2016B</name>
        <lei>5493007RI8BUDOGHZ546</lei>
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        <cusip>13032UDT2</cusip>
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        <name>California School Finance Authority, Educational Facilities Revenue Bonds, New Designs Charter School Project, Series 2014A</name>
        <lei>N/A</lei>
        <title>California School Finance Authority, Educational Facilities Revenue Bonds, New Designs Charter School Project, Series 2014A</title>
        <cusip>130591AS9</cusip>
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        <name>Palomar Pomerado Health System, California, Revenue Bonds, Refunding Series 2016</name>
        <lei>N/A</lei>
        <title>Palomar Pomerado Health System, California, Revenue Bonds, Refunding Series 2016</title>
        <cusip>697528AT4</cusip>
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      <invstOrSec>
        <name>San Francisco Bay Area Rapid Transit District, California, Sales Tax Revenue Bonds, Series 2019A</name>
        <lei>N/A</lei>
        <title>San Francisco Bay Area Rapid Transit District, California, Sales Tax Revenue Bonds, Series 2019A</title>
        <cusip>797669ZG6</cusip>
        <identifiers>
          <isin value="US797669ZG63"/>
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        <invCountry>US</invCountry>

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        <name>Inglewood Public Financing Authority, California, Lease Revenue Bonds, Refunding Series 2012</name>
        <lei>N/A</lei>
        <title>Inglewood Public Financing Authority, California, Lease Revenue Bonds, Refunding Series 2012</title>
        <cusip>457104CB1</cusip>
        <identifiers>
          <isin value="US457104CB10"/>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>Murrieta, California, Special Tax Bonds, Community Facilities District 2005-5 Golden City Improvement Area A, Series 2017</name>
        <lei>N/A</lei>
        <title>Murrieta, California, Special Tax Bonds, Community Facilities District 2005-5 Golden City Improvement Area A, Series 2017</title>
        <cusip>62718PSA6</cusip>
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        <name>Santa Ana Financing Authority, California, Lease Revenue Bonds, Police Administration and Housing Facility, Series 1994A</name>
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        <name>California Public Finance Authority, University Housing Revenue Bonds, National Campus Community Development - Claremont Properties LLC Claremont Coll</name>
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        <name>Tracy, California, Special Tax Bonds, Community Facilities District 2016-2 ECFD,  Improvement Area 1, Series 2019</name>
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        <name>California Health Facilities Financing Authority, Revenue Bonds, Stanford Hospitals and Clinics, Tender Option Bond Trust 2015-XF0131</name>
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        <name>Rancho Cardova, California, Special Tax Bonds, Community Facilities District 2005-1 Sunridge North Douglas Series 2018</name>
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        <name>California Health Facilities Financing Authority, Revenue Bonds, Stanford Hospitals and Clinics, Tender Option Bond Trust 2015-XF0131</name>
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      <invstOrSec>
        <name>Tejon Ranch Public Facilities Financing Authority, California, Special Tax Bonds, Community Facilities District 2008-1 Tejon Industrial Complex East 2</name>
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      <invstOrSec>
        <name>Oakland, California, General Obligation Bonds, Series 2020B-1</name>
        <lei>549300BRTTFKDQCGL048</lei>
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      <invstOrSec>
        <name>California Municipal Finance Authority, Charter School Revenue Bonds, Palmdale Aerospace Academy Project, Series 2016A</name>
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      <invstOrSec>
        <name>California Public Finance Authority, Revenue Bonds, Verity Health System, Series 2015B</name>
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      <invstOrSec>
        <name>California School Finance Authority Charter School Revenue Bonds, Bright Star Schools - Obligated Group, Series 2017</name>
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        <name>California Statewide Communities Development Authority, Statewide Community Infrastructure Program Revenue Bonds, Series 2014A</name>
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      <invstOrSec>
        <name>Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed Bonds, Senior Convertible Series 2007A-2</name>
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        <name>Palomar Pomerado Health System, California, Revenue Bonds, Refunding Series 2016</name>
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        <name>Placentia-Yorba Linda Unified School District, Orange County, California, General Obligation Bonds, Series 2011D</name>
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        <name>California County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Bonds, Stanislaus County Tobacco Funding Corporation, Series 2006A</name>
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        <name>Lower Magnolia Green Community Development Authority, Virginia, Special Assessment Bonds, Series 2015</name>
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        <name>Wilson County Health and Educational Facilities Board, Tennessee, Senior Living Revenue Bonds, Rutland Place Inc Project, Series 2015A</name>
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      <invstOrSec>
        <name>California Municipal Finance Authority, Reveue Bonds, Community Medical Centers, Series 2015A</name>
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        <name>California Statewide Community Development Authority, Revenue Bonds, Daughters of Charity Health System, Series 2005H</name>
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        <name>University of California, General Revenue Bonds, Limited Project Series 2018O</name>
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        <title>University of California, General Revenue Bonds, Limited Project Series 2018O</title>
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          <isin value="US91412HDC43"/>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>Rancho Cardova, California, Special Tax Bonds, Community Facilities District 2005-1 Sunridge North Douglas Series 2015</name>
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        <cusip>75211RGD3</cusip>
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        <name>Menifee Union School District, Riverside County, California, Special Tax Bonds, Community Facilties District 2011-1, Improvement Area 1, Series 2015</name>
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        <name>Puerto Rico Electric Power Authority, Power Revenue Bonds, Series WW</name>
        <lei>5493003BRB67HF8ST418</lei>
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        <cusip>74526QU83</cusip>
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      <invstOrSec>
        <name>California Municipal Finance Authority Charter School Revenue Bonds, River Charter Schools Project, Series 2018A</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <name>Roseville, California, Special Tax Bonds, Community Facilities District 1 Westbrook, Series 2014</name>
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        <name>Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010XX</name>
        <lei>5493003BRB67HF8ST418</lei>
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        <name>Menifee Union School District, Riverside County, California, Special Tax Bonds, Community Facilties District 2016-1, Improvement Area B, Series 2016</name>
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      <invstOrSec>
        <name>Oakley Public Financing Authority, Contra Costa County, California,  Revenue Bonds, Refundinf Series 2014</name>
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      <invstOrSec>
        <name>California Municipal Finance Authority, Educational Facilities Revenue Bonds, OCEAA Project, Series 2008A</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority, Educational Facilities Revenue Bonds, OCEAA Project, Series 2008A</title>
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        <name>California Housing Finance Agency, Multifamily Housing Revenue Bonds, Series 2014A-III</name>
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        <name>California School Finance Authority Charter School Revenue Bonds, Fenton Schools - Obligated Group, Series 2020A</name>
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        <name>California School Finance Authority, School Facility Revenue Bonds, Granada Hills Charter High School Obligated Group, Series 2017A</name>
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        <name>California Statewide Communities Development Authority, Statewide Community Infrastructure Program Revenue Bonds, Refunding Series 2015R-1</name>
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        <name>Twentynine Palms Redevelopment Agency, California, Tax Allocation Bonds, Four Corners Project Area, Series 2011A</name>
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        <name>Montebello Unified School District, Los Angeles County, California, General Obligation Bonds, Election 1998 Series 2004</name>
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        <title>Montebello Unified School District, Los Angeles County, California, General Obligation Bonds, Election 1998 Series 2004</title>
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        <name>California Health Facilities Financing Authority, Revenue Bonds, Stanford Hospitals and Clinics, Tender Option Bond Trust 2016-XG0049</name>
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        <title>California Health Facilities Financing Authority, Revenue Bonds, Stanford Hospitals and Clinics, Tender Option Bond Trust 2016-XG0049</title>
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      <invstOrSec>
        <name>Lake Elsinore Unified School District, California, Special Tax Bonds, Community Facilities District 2004-2, Series 2005</name>
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        <title>Lake Elsinore Unified School District, California, Special Tax Bonds, Community Facilities District 2004-2, Series 2005</title>
        <cusip>509640NF1</cusip>
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        <name>California Municipal Finance Authority,  Revenue Bonds, Creative Center of Los Altos Project?Pinewood &amp; Oakwood Schools, Series 2016B</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <name>California Health Facilities Financing Authority, Revenue Bonds, Providence Health &amp; Services, Tender Option Bond Trust 2015-XF1034</name>
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        <name>Menifee Union School District, Riverside County, California, Special Tax Bonds, Community Facilties District 2011-1, Improvement Area 1, Series 2015</name>
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        <name>New Haven Unified School District, Alameda County, California, General Obligation Bonds, Election of 2014, Series 2020C</name>
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        <name>Anaheim Elementary School District, Orange County, California, General Obligation Bonds, Election 2016, Series 2018A</name>
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        <name>Palm Desert, California, Limited Obligation Improvement Bonds, Section 29 Assessment District 2004-02, Series 2007</name>
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      <invstOrSec>
        <name>California Municipal Finance Authority, Revenue Bonds, NorthBay Healthcare Group, Series 2015</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <name>Southwestern Community College District, San Diego County, California, General Obligation Bonds, Election of 2008, Series 2011C</name>
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        <name>Rohnerville School District, Humboldt County, California, General Obligation Bonds, Election 2010, Series 2012B</name>
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        <name>California Statewide Communities Development Authority, Special Tax Bonds, Community Facilities District 2012-01, Fancher Creek, Series 2013A</name>
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        <name>California Municipal Finance Authority, Revenue Bonds, Claremont Graduate University, Refunding Series 2020B</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <cusip>13048VPX0</cusip>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>Jamul Dulzura Union School District, San Diego County, California, General Obligation Bonds, Election 1995 Series 2004A</name>
        <lei>N/A</lei>
        <title>Jamul Dulzura Union School District, San Diego County, California, General Obligation Bonds, Election 1995 Series 2004A</title>
        <cusip>470756CP0</cusip>
        <identifiers>
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        <invCountry>US</invCountry>

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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Guam International Airport Authority, Revenue Bonds, Series 2013C</name>
        <lei>N/A</lei>
        <title>Guam International Airport Authority, Revenue Bonds, Series 2013C</title>
        <cusip>40064RDN6</cusip>
        <identifiers>
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        <balance>745000.00000000</balance>
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        <name>Virgin Islands Public Finance Authority, Matching Fund Loan Notes Revenue Bonds, Series 2012A</name>
        <lei>N/A</lei>
        <title>Virgin Islands Public Finance Authority, Matching Fund Loan Notes Revenue Bonds, Series 2012A</title>
        <cusip>927676RJ7</cusip>
        <identifiers>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority, Power Revenue Bonds, Refunding Series 2012A</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority, Power Revenue Bonds, Refunding Series 2012A</title>
        <cusip>74526QV90</cusip>
        <identifiers>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>Tobacco Securitization Authority of Northern California, Tobacco Settlement Asset-Backed Bonds, Series 2005A-1</name>
        <lei>N/A</lei>
        <title>Tobacco Securitization Authority of Northern California, Tobacco Settlement Asset-Backed Bonds, Series 2005A-1</title>
        <cusip>888794AT1</cusip>
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        <name>Lake Elsinore Unified School District, California, Special Tax Bonds, Community Facilities District 2006-2 Improvement Area B, Series 2018</name>
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        <cusip>509640WZ7</cusip>
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        <name>ABAG Finance Authority for Nonprofit Corporations, California, Revenue Bonds, Episcopal Senior Communities, Refunding Series 2012A</name>
        <lei>549300EWVCCTI6O2KU84</lei>
        <title>ABAG Finance Authority for Nonprofit Corporations, California, Revenue Bonds, Episcopal Senior Communities, Refunding Series 2012A</title>
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      <invstOrSec>
        <name>West Hollywood Community Development Commission, California, Tax Allocation Revenue Bonds, East Side Redevelopment Project Series 2011A</name>
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        <title>West Hollywood Community Development Commission, California, Tax Allocation Revenue Bonds, East Side Redevelopment Project Series 2011A</title>
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      <invstOrSec>
        <name>California Municipal Finance Authority Charter School Revenue Bonds, John Adams Academies, Inc Project, Series 2015A</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority Charter School Revenue Bonds, John Adams Academies, Inc Project, Series 2015A</title>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority, Power Revenue Bonds, Series WW</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority, Power Revenue Bonds, Series WW</title>
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        <name>California Statewide Communities Development Authority, Statewide Community Infrastructure Program Revenue Bonds, Refunding Series 2015R-1</name>
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        <name>California County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Bonds, Golden Gate Tobacco Funding Corporation, Turbo, Series 2007A</name>
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        <name>California Municipal Finance Authority, Charter School Lease Revenue Bonds, Bella Mente Montessori Academy Project, Series 2018A</name>
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        <name>Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed Bonds, Tender Option Bond Trust 2015-XF1038</name>
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        <name>Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Senior Lien Series 2012A</name>
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        <name>California Municipal Finance Authority, Revenue Bonds, The Master's University &amp; Seminary, Series 2019</name>
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        <name>Brea Redevelopment Agency, Orange County, California, Tax Allocation Bonds, Project Area AB, Series 2003</name>
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        <name>Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010XX</name>
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        <name>Puerto Rico Highway and Transportation Authority, Highway Revenue Bonds, Series 2005L</name>
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        <name>Menifee Union School District, Riverside County, California, Special Tax Bonds, Community Facilties District 2011-1, Improvement Area 4, Series 2019</name>
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        <name>Stockton Public Financing Authority, California, Water Revenue Bonds, Delta Water Supply Project, Series 2010A</name>
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        <name>California Statewide Communities Development Authority, Statewide Community Infrastructure Program Revenue Bonds, Series 2018A</name>
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        <cusip>036680BW5</cusip>
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        <name>Virgin Islands Public Finance Authority, Matching Fund Loan Notes Revenue Bonds, Subordinate Lien Series 2010B</name>
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      <invstOrSec>
        <name>California County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Bonds, Merced County Tobacco Funding Corporation, Series 2005A</name>
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        <title>California County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Bonds, Merced County Tobacco Funding Corporation, Series 2005A</title>
        <cusip>13016NCE2</cusip>
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      <invstOrSec>
        <name>California School finance Authority, School Facility Revenue Bonds,  ICEF - View Park Elementary and Middle Schools, Series 2014A</name>
        <lei>N/A</lei>
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        <cusip>13059TBE8</cusip>
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        <name>Bay Area Toll Authority, California, Revenue Bonds, San Francisco Bay Area Toll Bridge, Subordinate Series 2019S-8</name>
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        <name>Foothill/Eastern Transportation Corridor Agency, California, Toll Road Revenue Bonds, Refunding Series 2013A</name>
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        <cusip>345105HU7</cusip>
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        <name>Guam Government Department of Education, Certificates of Participation, John F Kennedy High School Project, Series 2010A</name>
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        <name>Lincoln, California, Special Tax Bonds, Community Facilities District 2005-1 Sorrento Project, Series 2014A</name>
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        <title>Lincoln, California, Special Tax Bonds, Community Facilities District 2005-1 Sorrento Project, Series 2014A</title>
        <cusip>533042HD2</cusip>
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        <name>Rancho Cordova, California, Special Tax Bonds, Community Facilities District 2018-1 Grantline 208, Series 2019</name>
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        <title>Rancho Cordova, California, Special Tax Bonds, Community Facilities District 2018-1 Grantline 208, Series 2019</title>
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        <name>San Bernardino Community College District, California, General Obligation Bonds, Election of 2008 Series 2009B</name>
        <lei>549300Y4FPTEP3EQZ007</lei>
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        <cusip>796720GG9</cusip>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Statewide Communities Development Authority, Revenue Bonds, Huntington Memorial Hospital, Series 2018</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority, Revenue Bonds, Huntington Memorial Hospital, Series 2018</title>
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        <invCountry>US</invCountry>

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        <name>Perris Joint Powers Authority, California, Local Agency Revenue Bonds, Community Facilities District 2006-1, Meritage Homes, Refunding Series 2014B</name>
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        <name>Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010ZZ</name>
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        <name>Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Taxable Restructured Cofina Project Series 2019A-2</name>
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        <name>San Diego County Regional Airport Authority, California, Airport Revenue Bonds, Subordinate Series 2019B</name>
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        <name>West Patterson Financing Authority, California, Special Tax Bonds, Community Facilities District 2015-1 Arambel-KDN, Refunding Series 2015</name>
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        <name>Menifee Union School District, Riverside County, California, Special Tax Bonds, Community Facilities District 2006-1, Series 2014</name>
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        <name>La Verne, California, Mobile Home Park Revenue Bonds, Copacabana Mobile Home Park, Refunding Series 2014</name>
        <lei>54930008TF3OJRBUIJ91</lei>
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        <name>California Statewide Communities Development Authority, School Facility Revenue Bonds, Children of Promise, Series 2015A</name>
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        <name>Beaumont, California, Special Tax Bonds, Community Facilities District 2016-1 Fairway Canyon, Series 2019</name>
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        <title>Beaumont, California, Special Tax Bonds, Community Facilities District 2016-1 Fairway Canyon, Series 2019</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>California County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Bonds, Sonoma County Tobacco Securitization Corporation, Series 2005</name>
        <lei>N/A</lei>
        <title>California County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Bonds, Sonoma County Tobacco Securitization Corporation, Series 2005</title>
        <cusip>13016NCC6</cusip>
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        <name>Imperial, California, Special Tax Bonds, Community Facilities District 2005-1 Springfield, Series 2015A</name>
        <lei>N/A</lei>
        <title>Imperial, California, Special Tax Bonds, Community Facilities District 2005-1 Springfield, Series 2015A</title>
        <cusip>452676HF9</cusip>
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      <invstOrSec>
        <name>California School Finance Authority, Charter School Revenue Bonds, Summit Public Schools ? Obligated Group, Series 2017</name>
        <lei>N/A</lei>
        <title>California School Finance Authority, Charter School Revenue Bonds, Summit Public Schools ? Obligated Group, Series 2017</title>
        <cusip>13058TFR6</cusip>
        <identifiers>
          <isin value="US13058TFR68"/>
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        <balance>500000.00000000</balance>
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        <name>California Health Facilities Financing Authority, Revenue Bonds, Children's Hospital Los Angeles, Series 2017A</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority, Revenue Bonds, Children's Hospital Los Angeles, Series 2017A</title>
        <cusip>13032UNE4</cusip>
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        <balance>420000.00000000</balance>
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      <invstOrSec>
        <name>Compton Community Redevelopment Agency, California, Tax Allocation Revenue Bonds, Redevelopment Projects, Second Lien Series 2010B</name>
        <lei>N/A</lei>
        <title>Compton Community Redevelopment Agency, California, Tax Allocation Revenue Bonds, Redevelopment Projects, Second Lien Series 2010B</title>
        <cusip>204712GS6</cusip>
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      <invstOrSec>
        <name>Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2013</name>
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        <title>Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2013</title>
        <cusip>40065FBA1</cusip>
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        <name>Northstar Community Services District, Special Tax Bonds, Community Facilities District 1, Refunding Series 2005</name>
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        <title>Northstar Community Services District, Special Tax Bonds, Community Facilities District 1, Refunding Series 2005</title>
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      <invstOrSec>
        <name>California School Finance Authority, Charter School Revenue Bonds, Arts in Action Charter Schools - Obligated Group, Series 2020A</name>
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        <title>California School Finance Authority, Charter School Revenue Bonds, Arts in Action Charter Schools - Obligated Group, Series 2020A</title>
        <cusip>13058TJE1</cusip>
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        <name>Puerto Rico Electric Power Authority, Power Revenue Bonds, Refunding Series 2010DDD</name>
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      <invstOrSec>
        <name>Tracy, California, Special Tax Bonds, Community Facilities District 2016-1 Tracy Hills,  Improvement Area 1, Series 2019</name>
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        <title>Tracy, California, Special Tax Bonds, Community Facilities District 2016-1 Tracy Hills,  Improvement Area 1, Series 2019</title>
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        <name>South Tahoe Joint Powers Financing Authority, California, Revenue Bonds, South Tahoe Redevelopment Project Area 1, Series 2014A</name>
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        <name>California School Finance Authority, Charter School Revenue Bonds, Downtown College Prep - Obligated Group, Series 2016</name>
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        <name>Florida Development Finance Corporation, Florida, Surface Transportation Facility Revenue Bonds, Virgin Trains USA Passenger Rail Project , Series 201</name>
        <lei>549300HC854CNBLMWC48</lei>
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        <name>California Municipal Finance Authority, Revenue Bonds, Azusa Pacific University Project, Refunding Series 2015B</name>
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        <name>Santa Barbara Secondary High School District, Santa Barbara County, California,General Obligation Bonds,  Election 2010 Series 2011A</name>
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        <name>California Municipal Finance Authority, Charter School Lease Revenue Bonds, Santa Rosa Academy Project, Series 2015</name>
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        <name>Corona-Norco Unified School District, Riverside County, California, Special Tax Bonds, Community Facilities District 05-1, Series 2016</name>
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        <name>Golden State Tobacco Securitization Corporation, California, Enhanced Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Series 2015A</name>
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        <name>California Health Facilities Financing Authority, Revenue Bonds, Kaiser Permanante System, Tender Option Bond Trust 2015-XF1002</name>
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        <title>California Health Facilities Financing Authority, Revenue Bonds, Kaiser Permanante System, Tender Option Bond Trust 2015-XF1002</title>
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      <invstOrSec>
        <name>California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2016A</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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      <invstOrSec>
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        <name>San Joaquin County, California, Revenue Bonds, CSA County Service Area 31, Refunding Series 2018A</name>
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        <name>California Municipal Finance Authority Charter School Revenue Bonds, John Adams Academies - El Dorado Hills Project, Series 2018A</name>
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        <name>California Statewide Community Development Authority, Revenue Bonds, Daughters of Charity Health System, Series 2005A</name>
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        <name>Walnut Valley Unified School District, Los Angeles County, California, General Obligation Bonds, Election 2000 Series 2003D</name>
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        <cusip>932889PM4</cusip>
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          <isin value="US932889PM49"/>
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        <name>Central Unified School District, Fresno County, California, General Obligation Bonds, 2008 Election Series 2013B</name>
        <lei>549300AKOP2UG4D0YH67</lei>
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        <cusip>15276PAG4</cusip>
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        <invCountry>US</invCountry>

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        <name>California Statewide Communities Development Authority, Special Tax Bonds, Community Facilities District 2016-02 Delta Coves, Series 2019</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority, Special Tax Bonds, Community Facilities District 2016-02 Delta Coves, Series 2019</title>
        <cusip>13077EGR5</cusip>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <annualizedRt>5.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Riverside County Asset Leasing Corporation, California, Leasehold Revenue Bonds, Riverside County Hospital Project, Series 1997</name>
        <lei>N/A</lei>
        <title>Riverside County Asset Leasing Corporation, California, Leasehold Revenue Bonds, Riverside County Hospital Project, Series 1997</title>
        <cusip>768903BL9</cusip>
        <identifiers>
          <isin value="US768903BL95"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Brentwood Infrastructure Financing Authority, California, Infrastructure Revenue Bonds, Refunding Subordinated Series 2014B</name>
        <lei>N/A</lei>
        <title>Brentwood Infrastructure Financing Authority, California, Infrastructure Revenue Bonds, Refunding Subordinated Series 2014B</title>
        <cusip>10727XUX4</cusip>
        <identifiers>
          <isin value="US10727XUX47"/>
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        <balance>1700000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>California School Finance Authority, Charter School Revenue Bonds, Rocketship Education ? Obligated Group, Series 2017A</name>
        <lei>N/A</lei>
        <title>California School Finance Authority, Charter School Revenue Bonds, Rocketship Education ? Obligated Group, Series 2017A</title>
        <cusip>13058TEV8</cusip>
        <identifiers>
          <isin value="US13058TEV89"/>
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        <balance>1000000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Taxable Restructured Cofina Project Series 2019A-2</name>
        <lei>N/A</lei>
        <title>Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Taxable Restructured Cofina Project Series 2019A-2</title>
        <cusip>74529JRH0</cusip>
        <identifiers>
          <isin value="US74529JRH04"/>
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        <balance>10605000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.32900000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Folsom Ranch Financing Authority, California, Special Tax Revenue Bonds, Folsom Community Facilities District 19 Mangini Ranch, Series 2019</name>
        <lei>N/A</lei>
        <title>Folsom Ranch Financing Authority, California, Special Tax Revenue Bonds, Folsom Community Facilities District 19 Mangini Ranch, Series 2019</title>
        <cusip>344414CD7</cusip>
        <identifiers>
          <isin value="US344414CD70"/>
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        <balance>1000000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <debtSec>
          <maturityDt>2049-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Redwood City Redevelopment Agency, California, Tax Allocation Bonds, Project Area 2, Series 2003A</name>
        <lei>N/A</lei>
        <title>Redwood City Redevelopment Agency, California, Tax Allocation Bonds, Project Area 2, Series 2003A</title>
        <cusip>757887BP8</cusip>
        <identifiers>
          <isin value="US757887BP86"/>
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        <balance>1260000.00000000</balance>
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        <invCountry>US</invCountry>

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        <name>Lake Elsinore, California, Special Tax Bonds, Community Facilities District 2006-1 Summerly Improvement Area HH, Series 2019</name>
        <lei>N/A</lei>
        <title>Lake Elsinore, California, Special Tax Bonds, Community Facilities District 2006-1 Summerly Improvement Area HH, Series 2019</title>
        <cusip>50963NSD2</cusip>
        <identifiers>
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        <invCountry>US</invCountry>

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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Gilroy Unified School District, Santa Clara County, California, General Obligation Bonds, Election of 2008 &amp; 2016, Series 2019</name>
        <lei>N/A</lei>
        <title>Gilroy Unified School District, Santa Clara County, California, General Obligation Bonds, Election of 2008 &amp; 2016, Series 2019</title>
        <cusip>376087FT4</cusip>
        <identifiers>
          <isin value="US376087FT44"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Statewide Communities Development Authority, Revenue Bonds, John Muir Health, Series 2016A</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority, Revenue Bonds, John Muir Health, Series 2016A</title>
        <cusip>13080SMT8</cusip>
        <identifiers>
          <isin value="US13080SMT86"/>
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        <balance>9000000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Alvord Unified School District, Riverside County, California, General Obligation Bonds, 2007 Election Series 2011B</name>
        <lei>549300Q9J0UCO75DL276</lei>
        <title>Alvord Unified School District, Riverside County, California, General Obligation Bonds, 2007 Election Series 2011B</title>
        <cusip>022555UM6</cusip>
        <identifiers>
          <isin value="US022555UM60"/>
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        <balance>3595000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>Independent Cities Finance Authority, California, Mobile Home Park Revenue Bonds, Augusta Communities Mobile Home Park, Series 2012A</name>
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        <name>City of Dublin, California, Community Facilities District No 2015-1, Dublin Crossing, Improvement Area No 1, Special Tax Bonds, Series 2017</name>
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        <name>Inglewood Public Financing Authority, California, Lease Revenue Bonds, Refunding Series 2012</name>
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        <name>Golden State Tobacco Securitization Corporation, California, Enhanced Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Series 2015A</name>
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        <cusip>38122NYJ5</cusip>
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      <invstOrSec>
        <name>California Municipal Finance Authority, Charter School Revenue Bonds, John Adams Academies, Inc Project, Series 2014A</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority, Charter School Revenue Bonds, John Adams Academies, Inc Project, Series 2014A</title>
        <cusip>13048DAX6</cusip>
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        <name>California Health Facilities Financing Authority, Revenue Bonds, El Camino Hospital, Series 2017</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority, Revenue Bonds, El Camino Hospital, Series 2017</title>
        <cusip>13032UMJ4</cusip>
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        <name>Romoland School District, California, Special Tax Bonds, Community Facilities District 2006-1, Series 2017</name>
        <lei>N/A</lei>
        <title>Romoland School District, California, Special Tax Bonds, Community Facilities District 2006-1, Series 2017</title>
        <cusip>776192QQ2</cusip>
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        <name>Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010CCC</name>
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        <cusip>74526QR79</cusip>
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        <name>Chino Public Financing Authority, California, Revenue Bonds, Refunding Series 2012</name>
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        <title>Chino Public Financing Authority, California, Revenue Bonds, Refunding Series 2012</title>
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        <name>California Statewide Communities Development Authority, Recovery Zone Facility Bonds, SunEdison Irvine Unified School District Solar Projects, Series </name>
        <lei>549300KTNI2GCJNX2U48</lei>
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        <name>San Francisco City and County Redevelopment Agency Successor Agency, California, Tax Allocation Bonds, Mission Bay South Redevelopment Project, Subord</name>
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        <title>San Francisco City and County Redevelopment Agency Successor Agency, California, Tax Allocation Bonds, Mission Bay South Redevelopment Project, Subord</title>
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      <invstOrSec>
        <name>California School Finance Authority, Charter School Revenue Bonds, CIty Charter School Obligated Group, Series 2016A</name>
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        <title>California School Finance Authority, Charter School Revenue Bonds, CIty Charter School Obligated Group, Series 2016A</title>
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      <invstOrSec>
        <name>Union City Community Redevelopment Agency, California, Tax Allocation Revenue Bonds, Redevelopment Project, Subordinate Lien Series 2011</name>
        <lei>N/A</lei>
        <title>Union City Community Redevelopment Agency, California, Tax Allocation Revenue Bonds, Redevelopment Project, Subordinate Lien Series 2011</title>
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        <name>Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed Bonds, Series 2018A-1</name>
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        <name>Hartnell Community College District, Monterey County, California, General Obligation Bonds, Election 2016 Series 2017A</name>
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        <name>Saint Louis, Missouri, Tax Increment Financing Revenue Bonds, Grace Lofts Redevelopment Projects, Series 2007A</name>
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        <name>Moreno Valley Unified School District, Riverside County, California, Special Tax Bonds, Community Facilities District 2015-3, Series 2019</name>
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      <invstOrSec>
        <name>Los Angeles Department of Airports, California, Revenue Bonds, Los Angeles International Airport, Subordinate Lien Series 2018A</name>
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        <name>Fresno Unified School District, Fresno County, California, General Obligation Bonds, Election 2010 Series 2014D</name>
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        <name>Menifee Union School District, Riverside County, California, Special Tax Bonds, Community Facilties District 2011-1, Improvement Area 1, Series 2015</name>
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        <name>Roseville, California, Special Tax Bonds, Community Facilities District 1 SVSP Westpark-Federico, Series 2019</name>
        <lei>549300OH100KESVPND17</lei>
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        <name>Jurupa Community Services District, California, Special Tax Bonds, Community Facilities District 45 Jurupoa Valley, Series 2020A</name>
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      <invstOrSec>
        <name>Brea Redevelopment Agency, Orange County, California, Tax Allocation Bonds, Project Area AB, Series 2003</name>
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        <name>El Dorado County, California, Special Tax Bonds, Community Facilities District 2005-2, Series 2006</name>
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        <title>El Dorado County, California, Special Tax Bonds, Community Facilities District 2005-2, Series 2006</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Novato Redevelopment Agency, California, Tax Allocation Bonds, Hamilton Field Redevelopment Project, Series 2011</name>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fontana Unified School District, San Bernardino County, California, General Obligation Bonds, Election 2006 Series 2020</name>
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        <cusip>344640WD5</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Perris Joint Powers Authority, California, Local Agency Revenue Bonds, Community Facilities District 2007-2, Pacific Heritage, Series 2020</name>
        <lei>549300YM04SQ63RR8P86</lei>
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        <cusip>714376SK7</cusip>
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          <isin value="US714376SK73"/>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority, Power Revenue Bonds, Refunding Series 2010DDD</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority, Power Revenue Bonds, Refunding Series 2010DDD</title>
        <cusip>74526QK84</cusip>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Senior Lien Series 2012A</name>
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        <title>Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Senior Lien Series 2012A</title>
        <cusip>745160RS2</cusip>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>California Municipal Finance Authority, Mobile Home Park Revenue Bonds, Caritas Projects Series 2012B</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority, Mobile Home Park Revenue Bonds, Caritas Projects Series 2012B</title>
        <cusip>13049SAG9</cusip>
        <identifiers>
          <isin value="US13049SAG93"/>
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        <balance>480000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>515563.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Inglewood Public Financing Authority, California, Lease Revenue Bonds, Refunding Series 2012</name>
        <lei>N/A</lei>
        <title>Inglewood Public Financing Authority, California, Lease Revenue Bonds, Refunding Series 2012</title>
        <cusip>457104BW6</cusip>
        <identifiers>
          <isin value="US457104BW65"/>
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        <balance>2530000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2355809.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Statewide Communities Development Authority, Recovery Zone Facility Bonds, SunEdison Huntington Beach Solar Projects, Series 2010</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority, Recovery Zone Facility Bonds, SunEdison Huntington Beach Solar Projects, Series 2010</title>
        <cusip>1307952A4</cusip>
        <identifiers>
          <isin value="US1307952A44"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1023490.00000000</valUSD>
        <pctVal>0.081372098715</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
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      <invstOrSec>
        <name>Tobacco Securitization Authority of Northern California, Tobacco Settlement Asset-Backed Bonds, Refunding Series 2005B</name>
        <lei>N/A</lei>
        <title>Tobacco Securitization Authority of Northern California, Tobacco Settlement Asset-Backed Bonds, Refunding Series 2005B</title>
        <cusip>888794AW4</cusip>
        <identifiers>
          <isin value="US888794AW42"/>
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        <balance>7195000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1706510.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Municipal Finance Authority, Revenue Bonds, NorthBay Healthcare Group, Series 2015</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority, Revenue Bonds, NorthBay Healthcare Group, Series 2015</title>
        <cusip>13048TVG5</cusip>
        <identifiers>
          <isin value="US13048TVG56"/>
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        <balance>1250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1331812.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tejon Ranch Public Facilities Financing Authority, California, Special Tax Bonds, Community Facilities District 2000-1, Tejon Industrial Complex Publi</name>
        <lei>N/A</lei>
        <title>Tejon Ranch Public Facilities Financing Authority, California, Special Tax Bonds, Community Facilities District 2000-1, Tejon Industrial Complex Publi</title>
        <cusip>879083DB6</cusip>
        <identifiers>
          <isin value="US879083DB68"/>
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        <balance>1635000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1747308.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Corona-Norco Unified School District, Riverside County, California, Special Tax Bonds, Community Facilities District 17-1, Series 2020</name>
        <lei>N/A</lei>
        <title>Corona-Norco Unified School District, Riverside County, California, Special Tax Bonds, Community Facilities District 17-1, Series 2020</title>
        <cusip>219766QH8</cusip>
        <identifiers>
          <isin value="US219766QH86"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>546190.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010XX</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010XX</title>
        <cusip>74526QP30</cusip>
        <identifiers>
          <isin value="US74526QP306"/>
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        <balance>1445000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>989825.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.92620000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Guam Port Authority, Port Revenue Bonds, Private Activity Series 2018B</name>
        <lei>N/A</lei>
        <title>Guam Port Authority, Port Revenue Bonds, Private Activity Series 2018B</title>
        <cusip>400652AP8</cusip>
        <identifiers>
          <isin value="US400652AP87"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>457228.00000000</valUSD>
        <pctVal>0.036351700506</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Antelope Valley Healthcare District, California, Revenue Bonds, Series 2016A</name>
        <lei>549300PLE0IY3UJZHY85</lei>
        <title>Antelope Valley Healthcare District, California, Revenue Bonds, Series 2016A</title>
        <cusip>036680BY1</cusip>
        <identifiers>
          <isin value="US036680BY18"/>
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        <balance>6280000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6350650.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010ZZ</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010ZZ</title>
        <cusip>74526QK27</cusip>
        <identifiers>
          <isin value="US74526QK273"/>
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        <balance>165000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>113850.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.95720000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <name>Lammersville School District, California, Special Tax Refunding Bonds, Community Facilities District 2002 Mountain House, Series 2012</name>
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        <name>Paso Robles Joint Unified School District, San Luis Obispo and Monteray Counties, California, General Obligation Bonds, Election 2006 Series 2010A</name>
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        <name>Foothill/Eastern Transportation Corridor Agency, California, Toll Road Revenue Bonds, Refunding Term Rate Series 2013B-2</name>
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        <name>Tracy, California, Special Tax Bonds, Community Facilities District 2016-1 Tracy Hills,  Improvement Area 1, Series 2019</name>
        <lei>N/A</lei>
        <title>Tracy, California, Special Tax Bonds, Community Facilities District 2016-1 Tracy Hills,  Improvement Area 1, Series 2019</title>
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        <name>Santa Clara Unified School District, Santa Clara County, California, General Obligation Bonds, Election of 2018, Series 2019</name>
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        <name>Redwood City Redevelopment Agency, California, Tax Allocation Bonds, Project Area 2, Series 2003A</name>
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        <name>Los Angeles Department of Water and Power, California, Waterworks Revenue Bonds, Series 2017A</name>
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        <name>Puerto Rico Electric Power Authority, Power Revenue Bonds, Refunding Series 2005SS</name>
        <lei>5493003BRB67HF8ST418</lei>
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        <cusip>74526QT85</cusip>
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        <name>California Municipal Finance Authority, Charter School Revenue Bonds, Partnerships to Uplift Communities Project, Series 2012A</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <name>Newman-Crows Landing Unified School District, Stanislaus County, California, General Obligation Bonds, 2008 Election, Series 2010B</name>
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        <name>California Enterprise Development Authority, Charter School Revenue Bonds, Norton Science and Language Academy Project, Series 2020</name>
        <lei>549300544P6FSHU1HB46</lei>
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        <name>Sacramento County, California, Special Tax Bonds, Community Facilities District 2016-2 Florin Vineyard 1, Series 2018</name>
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        <name>Sulphur Springs Union School District, California, Special Tax Bonds, Community Facilities District 2006-1, Series 2018</name>
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        <name>California Health Facilities Financing Authority, Revenue Bonds, Providence Health &amp; Services, Tender Option Bond Trust 2015-XF0120</name>
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        <name>Corona, California, Special Tax Bonds, Community Facilities District 2018-1 Bedford, Series 2018A</name>
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      <invstOrSec>
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        <name>Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2013A</name>
        <lei>5493003BRB67HF8ST418</lei>
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        <name>Indio Redevelopment Agency, California, Tax Allocation Bonds, Merged Area Redevelopment Project, Subordinate Lien Refunding Series 2008A</name>
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        <name>California Statewide Communitities Development Authority, Charter School Revenue Bonds, Rocketship 4 - Mosaic Elementary Charter School, Series 2011A</name>
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        <name>California Statewide Communities Development Authority, Revenue Bonds, Terraces San Joaquin Gardens, Series 2012A</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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        <pctVal>0.083107682760</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</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>San Francisco City and County Redevelopment Agency Successor Agency, California, Special Tax Bonds, Community Facilities District 7, Hunters Point Shi</name>
        <lei>5493001TPOZL3UK8DX25</lei>
        <title>San Francisco City and County Redevelopment Agency Successor Agency, California, Special Tax Bonds, Community Facilities District 7, Hunters Point Shi</title>
        <cusip>79772ACS4</cusip>
        <identifiers>
          <isin value="US79772ACS42"/>
        </identifiers>
        <balance>935000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>993456.20000000</valUSD>
        <pctVal>0.078984275347</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-08-01</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>California State, General Obligation Bonds, Various Purpose, Tender Option Bond Trust 2015-XF1041</name>
        <lei>N/A</lei>
        <title>California State, General Obligation Bonds, Various Purpose, Tender Option Bond Trust 2015-XF1041</title>
        <cusip>88033L2U2</cusip>
        <identifiers>
          <isin value="US88033L2U22"/>
        </identifiers>
        <balance>1250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1794612.50000000</valUSD>
        <pctVal>0.142679836154</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>14.21558700</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>Ontario, California, Special Tax Bonds, Community Facilities District 30 New Haven Facilities - Area B, Series 2017</name>
        <lei>N/A</lei>
        <title>Ontario, California, Special Tax Bonds, Community Facilities District 30 New Haven Facilities - Area B, Series 2017</title>
        <cusip>68303KAW6</cusip>
        <identifiers>
          <isin value="US68303KAW62"/>
        </identifiers>
        <balance>1170000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1247676.30000000</valUSD>
        <pctVal>0.099195926729</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-01</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>California Statewide Communities Development Authority, Statewide Community Infrastructure Program Revenue Bonds, Series 2017A</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority, Statewide Community Infrastructure Program Revenue Bonds, Series 2017A</title>
        <cusip>13078YLC7</cusip>
        <identifiers>
          <isin value="US13078YLC74"/>
        </identifiers>
        <balance>480000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>524702.40000000</valUSD>
        <pctVal>0.041716221447</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-09-02</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>M-S-R Energy Authority, California, Gas Revenue Bonds, Citigroup Prepay Contracts, Series 2009A</name>
        <lei>549300UEMSS1JTK5YB98</lei>
        <title>M-S-R Energy Authority, California, Gas Revenue Bonds, Citigroup Prepay Contracts, Series 2009A</title>
        <cusip>55374SAC4</cusip>
        <identifiers>
          <isin value="US55374SAC44"/>
        </identifiers>
        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>79656.50000000</valUSD>
        <pctVal>0.006333053162</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</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>Del Mar Union School District, San Diego County, California, Special Tax Bonds, Community Facilities District 99-1, Refunding Facilities Financing Ser</name>
        <lei>N/A</lei>
        <title>Del Mar Union School District, San Diego County, California, Special Tax Bonds, Community Facilities District 99-1, Refunding Facilities Financing Ser</title>
        <cusip>245157EH1</cusip>
        <identifiers>
          <isin value="US245157EH17"/>
        </identifiers>
        <balance>2400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2786952.00000000</valUSD>
        <pctVal>0.221575328785</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-09-01</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>Montebello Unified School District, Los Angeles County, California, General Obligation Bonds, Election 2016 Series 2016A</name>
        <lei>N/A</lei>
        <title>Montebello Unified School District, Los Angeles County, California, General Obligation Bonds, Election 2016 Series 2016A</title>
        <cusip>612289TD0</cusip>
        <identifiers>
          <isin value="US612289TD08"/>
        </identifiers>
        <balance>5000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5471050.00000000</valUSD>
        <pctVal>0.434973297908</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-08-01</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>California Municipal Finance Authority Charter School Revenue Bonds, John Adams Academies, Inc Project, Series 2017A</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority Charter School Revenue Bonds, John Adams Academies, Inc Project, Series 2017A</title>
        <cusip>13048DCB2</cusip>
        <identifiers>
          <isin value="US13048DCB29"/>
        </identifiers>
        <balance>4255000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4360438.90000000</valUSD>
        <pctVal>0.346674676462</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</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>Antelope Valley Healthcare District, California, Revenue Bonds, Series 2016A</name>
        <lei>549300PLE0IY3UJZHY85</lei>
        <title>Antelope Valley Healthcare District, California, Revenue Bonds, Series 2016A</title>
        <cusip>036680BR6</cusip>
        <identifiers>
          <isin value="US036680BR66"/>
        </identifiers>
        <balance>1460000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1638222.20000000</valUSD>
        <pctVal>0.130246097740</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-01</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>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Effective August 14, 2020, the fund may lend securities representing up to one-third of the value of its total assets to broker-dealers, banks, and other institutions to generate additional income. For further details on the fund's securities lending program, refer to the prospectus supplement dated August 14, 2020 for the Fund's Prospectus and Statement of Additional Information." noteItem="B.4.a.i"/>
      <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>2020-08-31</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>
</edgarSubmission>
