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        <name>UPPER ILL RIV VY DEV AUTH REV</name>
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        <name>WEST FALLS CMNTY DEV AUTH VA REV</name>
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        <name>MARYLAND ST ECONOMIC DEV CORP SPL OBLIG</name>
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        <name>DOWNTOWN EAST STREETCAR SWR PUB INFRASTRUCTURE DIST UTAH</name>
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        <name>WISCONSIN ST HEALTH &amp; EDL FACS AUTH REV</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>LAGO VISTA TEX SPL ASSMT REV</name>
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          <isin value="US507081BD83"/>
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        <name>ILLINOIS FIN AUTH SOLID WASTE REV</name>
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          <isin value="US45202HAN35"/>
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        <name>ANOKA MINN HSG REV</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>MULTNOMAH CNTY ORE HOSP FACS AUTH REV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SOUTHGLENN MET DIST COLO SPL REV</name>
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          <isin value="US84437RAG20"/>
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        <name>LAS VEGAS NEV SPL IMPT DIST NO 611</name>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV</name>
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        <name>CELINA TEX SPL ASSMT REV</name>
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        <name>LAS VEGAS NEV SPL IMPT DIST NO 818</name>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW JERSEY ST TRANSN TR FD AUTH</name>
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      <invstOrSec>
        <name>AURORA ILL TAX INCREMENT REV</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UNIVERSITY CITY MO INDL DEV AUTH TAX INCREMENT &amp; SPL DIST REV</name>
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        <name>GRAND FORKS CNTY N D SOLID WASTE DISP FAC REV</name>
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        <name>WISCONSIN ST HEALTH &amp; EDL FACS AUTH REV</name>
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      <invstOrSec>
        <name>ARIZONA INDL DEV AUTH SR LIVING REV</name>
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        <name>TEXAS WTR DEV BRD REV</name>
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          <isin value="US88285AGB89"/>
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        <valUSD>4876516.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-10-15</maturityDt>
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          <annualizedRt>4.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHILDRENS TR FD P R TOB SETTLEMENT REV</name>
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        <cusip>16876QBL2</cusip>
        <identifiers>
          <isin value="US16876QBL23"/>
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        <valUSD>1562472.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MARICOPA CNTY ARIZ INDL DEV AUTH EDL FACS REV</name>
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        <cusip>56678RAP8</cusip>
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          <isin value="US56678RAP82"/>
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        <valUSD>1404199.86000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-07-01</maturityDt>
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          <annualizedRt>6.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PRINCE GEORGES CNTY MD SPL OBLIG</name>
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          <isin value="US74172RBP10"/>
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        <valUSD>1002588.40000000</valUSD>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>ILLINOIS FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY</title>
        <cusip>45204EFB9</cusip>
        <identifiers>
          <isin value="US45204EFB92"/>
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        <balance>1935000.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEW YORK N Y CITY HSG DEV CORP REV</name>
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        <name>NATIONAL FIN AUTH N H REV</name>
        <lei>N/A</lei>
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        <name>PORT PORTLAND ORE ARPT REV</name>
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        <name>REGIONAL TRANSN DIST COLO PRIVATE ACTIVITY REV</name>
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        <name>WASHINGTON ST HEALTH CARE FACS AUTH REV</name>
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        <name>ILLINOIS FIN AUTH REV</name>
        <lei>N/A</lei>
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        <name>MASSACHUSETTS ST DEV FIN AGY REV</name>
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        <name>SENAC SOUTH MET DIST NO 1 COLO</name>
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        <name>LOWER PETROGLYPHS PUB IMPT DIST N MEX SPL LEVY REV</name>
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        <name>HODGKINS ILL TAX INCREMENT REV</name>
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        <name>LAFAYETTE IND MULTIFAMILY HSG REV</name>
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        <name>BETHEL MINN SR HSG REV</name>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>HORIZON TEX REGL MUN UTIL DIST</name>
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        <name>NEW JERSEY ST TRANSN TR FD AUTH</name>
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        <name>NEW JERSEY ST TRANSN TR FD AUTH</name>
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        <name>FLORIDA DEV FIN CORP SOLID WASTE DISP REV</name>
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        <name>DIRECTOR ST NEV DEPT BUSINESS &amp; IND CHARTER SCH LEASE REV</name>
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        <name>BUCKEYE OHIO TOB SETTLEMENT FING AUTH</name>
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        <name>CAPITAL TR AGY FLA EDL FACS REV</name>
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        <name>PHOENIX ARIZ CIVIC IMPT CORP ARPT REV</name>
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        <name>KIRKWOOD MO INDL DEV AUTH RETIREMENT CMNTY REV</name>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS REV</name>
        <lei>N/A</lei>
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        <name>CALIFORNIA POLLUTN CTL FING AUTH SOLID WASTE DISP REV</name>
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        <name>TOBACCO SETTLEMENT FING CORP RHODE IS</name>
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        <name>BUFFALO HIGHLANDS MET DIST COLO</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-12-01</maturityDt>
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        <name>NEW YORK N Y CITY HSG DEV CORP REV</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US64966WHJ99"/>
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        <valUSD>2952710.70000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.60000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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        <name>PORT AUTH N Y &amp; N J</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-07-15</maturityDt>
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        <securityLending>
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        <name>TEXAS TRANSN COMMN ST HWY 249 SYS TOLL REV</name>
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        <cusip>88283NAF9</cusip>
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          <isin value="US88283NAF96"/>
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        <valUSD>606578.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>TARRANT CNTY TEX CULTURAL ED FACS FIN CORP REV</name>
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        <title>TARRANT CNTY TX CULTURAL EDU F TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINAN</title>
        <cusip>87638TEZ2</cusip>
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          <isin value="US87638TEZ21"/>
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        <valUSD>3751044.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MARYLAND ST DEPT TRANSN SPL TRANSN PROJ REV</name>
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        <title>MARYLAND ST DEPT OF TRANSPRTN STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION</title>
        <cusip>57421FBX4</cusip>
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          <isin value="US57421FBX42"/>
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        <balance>4000000.00000000</balance>
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        <valUSD>4156558.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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        <name>UTAH ST CHARTER SCH FIN AUTH CHARTER SCH REV</name>
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        <identifiers>
          <isin value="US91754TC768"/>
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        <name>CHARLOTTE CNTY FLA INDL DEV AUTH UTIL SYS REV</name>
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        <isRestrictedSec>Y</isRestrictedSec>

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        <name>WOOD RANCH PUB INFRASTRUCTURE DIST UTAH SPL ASSMT</name>
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        <name>HENDERSON NEV LOC IMPT DISTS</name>
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        <name>CSCDA CMNTY IMPT AUTH CALIF ESSENTIAL HSG REV</name>
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        <name>PUBLIC FIN AUTH WIS REV</name>
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        <title>PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY</title>
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        <name>AMERICAN SAMOA ECONOMIC DEV AUTH GEN REV</name>
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        <name>INDIANA ST FIN AUTH ENVIRONMENTAL REV</name>
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        <title>INDIANA ST FIN AUTH ENVRNMNTL INDIANA FINANCE AUTHORITY</title>
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        <name>CHAMBERS HIGHPOINT MET DIST NO 2 COLO</name>
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        <name>PUBLIC FIN AUTH WIS REV</name>
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        <name>MUSKINGUM CNTY OHIO HOSP FACS REV</name>
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        <name>PORT BEAUMONT TEX NAV DIST DOCK &amp; WHARF FAC REV</name>
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          <isin value="US73360CAM64"/>
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        <name>PUERTO RICO SALES TAX FING CORP SALES TAX REV</name>
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        <name>LINCOLNWOOD ILL TAX INCREMENT ALLOCATION REV NT CTFS PARTN</name>
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        <name>SANGER TX INDL DEV CORP DEV RE</name>
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        <name>MARYLAND ST ECONOMIC DEV CORP SPL OBLIG</name>
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        <name>ARLINGTON TEX HIGHER ED FIN CORP ED REV</name>
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        <name>ILLINOIS HSG DEV AUTH MULTIFAMILY HSG REV</name>
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        <name>LAS VEGAS NEV SPL IMPT DIST NO 612</name>
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        <name>NEWARK HIGHER ED FIN CORP TEX ED REV</name>
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        <name>RENO NEV SALES TAX REV</name>
        <lei>N/A</lei>
        <title>RENO NV SALES TAX REVENUE CITY OF RENO NV</title>
        <cusip>759861EJ2</cusip>
        <identifiers>
          <isin value="US759861EJ20"/>
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        <balance>13500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1904878.35000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2058-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COLORADO HEALTH FACS AUTH REV</name>
        <lei>N/A</lei>
        <title>COLORADO ST HLTH FACS AUTH REV COLORADO HEALTH FACILITIES AUTHORITY</title>
        <cusip>19648FSH8</cusip>
        <identifiers>
          <isin value="US19648FSH81"/>
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        <balance>1950000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1711347.69000000</valUSD>
        <pctVal>0.220127567849</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FRANKLIN CNTY PA INDL DEV AUTH REV</name>
        <lei>N/A</lei>
        <title>FRANKLIN CNTY PA INDL DEV AUTH FRANKLIN COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/P</title>
        <cusip>353273CE3</cusip>
        <identifiers>
          <isin value="US353273CE39"/>
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        <balance>780000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>699627.94000000</valUSD>
        <pctVal>0.089991880511</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>
      </invstOrSec>
      <invstOrSec>
        <name>NEWLIN CROSSING MET DIST COLO</name>
        <lei>N/A</lei>
        <title>NEWLIN CROSSING MET DIST CO NEWLIN CROSSING METROPOLITAN DISTRICT</title>
        <cusip>65152HAA9</cusip>
        <identifiers>
          <isin value="US65152HAA95"/>
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        <balance>1145000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1130857.19000000</valUSD>
        <pctVal>0.145460121443</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOUTH CHARLESTON W VA SPL DIST EXCISE TAX</name>
        <lei>N/A</lei>
        <title>SOUTH CHARLESTON WV SPL DIST E CITY OF SOUTH CHARLESTON WV</title>
        <cusip>837323AA2</cusip>
        <identifiers>
          <isin value="US837323AA29"/>
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        <balance>2620000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2104291.25000000</valUSD>
        <pctVal>0.270671189505</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</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>
      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS REV</name>
        <lei>N/A</lei>
        <title>PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY</title>
        <cusip>74442PZU2</cusip>
        <identifiers>
          <isin value="US74442PZU29"/>
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        <balance>1175000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1169390.32000000</valUSD>
        <pctVal>0.150416568481</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>
      </invstOrSec>
      <invstOrSec>
        <name>CSCDA CMNTY IMPT AUTH CALIF ESSENTIAL HSG REV</name>
        <lei>N/A</lei>
        <title>CSCDA CMNTY IMPT AUTH CA ESSEN CSCDA COMMUNITY IMPROVEMENT AUTHORITY</title>
        <cusip>126292CA7</cusip>
        <identifiers>
          <isin value="US126292CA71"/>
        </identifiers>
        <balance>1090000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>758196.70000000</valUSD>
        <pctVal>0.097525474512</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS HEALTH CARE SYS REV</name>
        <lei>N/A</lei>
        <title>PUBLIC FIN AUTH WI HLTHCARE SY PUBLIC FINANCE AUTHORITY</title>
        <cusip>74447GAB6</cusip>
        <identifiers>
          <isin value="US74447GAB68"/>
        </identifiers>
        <balance>5000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5115479.00000000</valUSD>
        <pctVal>0.657994840695</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-10-01</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>BANNING LEWIS RANCH MET DIST NO 8 COLO</name>
        <lei>N/A</lei>
        <title>BANNING LEWIS RANCH MET DIST # BANNING LEWIS RANCH METROPOLITAN DISTRICT NO 8</title>
        <cusip>06663CAA6</cusip>
        <identifiers>
          <isin value="US06663CAA62"/>
        </identifiers>
        <balance>3500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2783095.35000000</valUSD>
        <pctVal>0.357984537022</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</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>
      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ECONOMIC DEV FING AUTH PRIVATE ACTIVITY REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST ECON DEV FING PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHOR</title>
        <cusip>70868YAV1</cusip>
        <identifiers>
          <isin value="US70868YAV11"/>
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        <balance>625000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>659335.38000000</valUSD>
        <pctVal>0.084809121165</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FLORIDA DEV FIN CORP EDL FACS REV</name>
        <lei>N/A</lei>
        <title>FLORIDA ST DEV FIN CORP EDUCTN FLORIDA DEVELOPMENT FINANCE CORP</title>
        <cusip>34061UFC7</cusip>
        <identifiers>
          <isin value="US34061UFC71"/>
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        <balance>450000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>403784.19000000</valUSD>
        <pctVal>0.051938032347</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>
      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS ED REV</name>
        <lei>N/A</lei>
        <title>PUBLIC FIN AUTH WI EDU REVENUE PUBLIC FINANCE AUTHORITY</title>
        <cusip>74442EMS6</cusip>
        <identifiers>
          <isin value="US74442EMS62"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>958107.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OHIO ST AIR QUALITY DEV AUTH EXEMPT FACS REV</name>
        <lei>N/A</lei>
        <title>OHIO ST AIR QUALITY DEV AUTH E OHIO AIR QUALITY DEVELOPMENT AUTHORITY</title>
        <cusip>67754AAD6</cusip>
        <identifiers>
          <isin value="US67754AAD63"/>
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        <balance>3555000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3459283.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TERRE HAUTE IND REV</name>
        <lei>N/A</lei>
        <title>TERRE HAUTE IN REVENUE CITY OF TERRE HAUTE IN</title>
        <cusip>881093AS7</cusip>
        <identifiers>
          <isin value="US881093AS74"/>
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        <balance>2355000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1925447.29000000</valUSD>
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        <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>6.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MINNEAPOLIS MINN STUDENT HSG REV</name>
        <lei>N/A</lei>
        <title>MINNEAPOLIS MN STUDENT HSG REV CITY OF MINNEAPOLIS MN</title>
        <cusip>60379NCL8</cusip>
        <identifiers>
          <isin value="US60379NCL82"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>472285.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LINCOLNWOOD ILL TAX INCREMENT ALLOCATION REV NT CTFS PARTN</name>
        <lei>N/A</lei>
        <title>LINCOLNWOOD IL TAX INCREMENT A VILLAGE OF LINCOLNWOOD IL</title>
        <cusip>53509AAA0</cusip>
        <identifiers>
          <isin value="US53509AAA07"/>
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        <balance>415000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>404258.10000000</valUSD>
        <pctVal>0.051998990536</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.82000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NASSAU CNTY N Y INDL DEV AGY CONTINUING CARE RETIREMENT CMNTY REV</name>
        <lei>N/A</lei>
        <title>NASSAU CNTY NY INDL DEV AGY CC NASSAU COUNTY INDUSTRIAL DEVELOPMENT AGENCY</title>
        <cusip>63166UAS0</cusip>
        <identifiers>
          <isin value="US63166UAS06"/>
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        <balance>4357851.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>400330.93000000</valUSD>
        <pctVal>0.051493845739</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
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      <invstOrSec>
        <name>NEW YORK TRANSN DEV CORP SPL FAC REV</name>
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      <invstOrSec>
        <name>NEW HOPE CULTURAL ED FACS FIN CORP TEX RETIREMENT FAC REV</name>
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          <isin value="US64542UHG22"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2060-10-01</maturityDt>
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          <annualizedRt>6.50000000</annualizedRt>
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        <name>CHICAGO ILL</name>
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          <isin value="US167486ZY84"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>MAIN STR NAT GAS INC GA GAS SUPPLY REV</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>CLACKAMAS CNTY ORE HOSP FAC AUTH REV</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FLORIDA DEV FIN CORP SR LIVING REV</name>
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        <cusip>34061WAX2</cusip>
        <identifiers>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>ONEIDA INDIAN NATION N Y TAX REV</name>
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          <isin value="US682504AC93"/>
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        <valUSD>1078677.00000000</valUSD>
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        <isRestrictedSec>Y</isRestrictedSec>

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        <name>NEW YORK TRANSN DEV CORP SPL FAC REV</name>
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        <name>CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REV</name>
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        <name>DIRECTOR ST NEV DEPT BUSINESS &amp; IND ENVIRONMENTAL IMPT REV</name>
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        <name>ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REV</name>
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        <name>PUBLIC FIN AUTH WIS ED REV</name>
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          <isin value="US74442EBB56"/>
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        <name>MOBILE CNTY ALA INDL DEV AUTH SOLID WASTE DISP REV</name>
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        <name>DOWNTOWN EAST STREETCAR SWR PUB INFRASTRUCTURE DIST UTAH</name>
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      <invstOrSec>
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        <name>CANYONS MET DIST NO 5 COLO</name>
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        <name>MULTNOMAH CNTY ORE HOSP FACS AUTH REV</name>
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        <name>BALTIMORE MD SPL OBLIG</name>
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        <name>BURLEIGH CNTY N D ED FACS REV</name>
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        <name>MARYLAND ST ECONOMIC DEV CORP PORT FACS REV</name>
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        <name>CHESTER CNTY PA HEALTH &amp; ED FACS AUTH REV</name>
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        <name>ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REV</name>
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        <name>PUBLIC FIN AUTH WIS ED REV</name>
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        <name>CHILDRENS TR FD P R TOB SETTLEMENT REV</name>
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        <name>VILLAGE CMNTY DEV DIST NO 14 FLA SPL ASSMT REV</name>
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        <name>LAS VEGAS NEV SPL IMPT DIST NO 816</name>
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        <name>JEFFERSON CTR MET DIST NO 1 COLO SPL REV</name>
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        <name>ST LOUIS MO INDL DEV AUTH TAX INCREMENT FING REV</name>
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      </invstOrSec>
      <invstOrSec>
        <name>RAMPART RANGE MET DIST NO 5 COLO LTD TAX SUPPORTED &amp; SPL REV</name>
        <lei>N/A</lei>
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        <cusip>75157WAC6</cusip>
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          <isin value="US75157WAC64"/>
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        <curCd>USD</curCd>
        <valUSD>3102358.06000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS RETIREMENT FAC REV</name>
        <lei>N/A</lei>
        <title>PUBLIC FIN AUTH WI RETMNT FAC PUBLIC FINANCE AUTHORITY</title>
        <cusip>74444VAW0</cusip>
        <identifiers>
          <isin value="US74444VAW00"/>
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        <balance>835000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>751541.17000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LEGATO CMNTY AUTH COLO LTD TAX SUPPORTED REV</name>
        <lei>N/A</lei>
        <title>LEGATO CMNTY AUTH CO LTD TAX S LEGATO COMMUNITY AUTHORITY</title>
        <cusip>52473TAD7</cusip>
        <identifiers>
          <isin value="US52473TAD72"/>
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        <balance>1025000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>871289.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-01</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>FLORIDA DEV FIN CORP SR LIVING REV</name>
        <lei>N/A</lei>
        <title>FLORIDA ST DEV FIN CORP SENIOR FLORIDA DEVELOPMENT FINANCE CORP</title>
        <cusip>34061WBM5</cusip>
        <identifiers>
          <isin value="US34061WBM55"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>244203.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA MUN FIN AUTH SPL TAX REV</name>
        <lei>N/A</lei>
        <title>CALIFORNIA ST MUNI FIN AUTH SP CALIFORNIA MUNICIPAL FINANCE AUTHORITY</title>
        <cusip>13051AEJ3</cusip>
        <identifiers>
          <isin value="US13051AEJ34"/>
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        <balance>875000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>889618.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>LEGATO CMNTY AUTH COLO LTD TAX SUPPORTED REV</name>
        <lei>N/A</lei>
        <title>LEGATO CMNTY AUTH CO LTD TAX S LEGATO COMMUNITY AUTHORITY</title>
        <cusip>52473TAE5</cusip>
        <identifiers>
          <isin value="US52473TAE55"/>
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        <balance>7335000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5512647.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GILBERTS VLG ILL TAX INCREMENT REV NT CTFS PARTN</name>
        <lei>N/A</lei>
        <title>GILBERTS VLG IL TAX INCREMENT VILLAGE OF GILBERTS IL</title>
        <cusip>37547HAA2</cusip>
        <identifiers>
          <isin value="US37547HAA23"/>
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        <balance>1731493.02000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1662033.48000000</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>2034-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FOUR CORNERS BUSINESS IMPT DIST COLO LTD TAX SUPPORTED REV</name>
        <lei>N/A</lei>
        <title>FOUR CORNERS BUSINESS IMPT DIS FOUR CORNERS BUSINESS IMPROVEMENT DISTRICT</title>
        <cusip>35084NAA2</cusip>
        <identifiers>
          <isin value="US35084NAA28"/>
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        <balance>1130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1143166.53000000</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>2052-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA PUB FIN AUTH SR LIVING REV</name>
        <lei>N/A</lei>
        <title>CALIFORNIA PUBLIC FIN AUTH SEN CALIFORNIA PUBLIC FINANCE AUTHORITY</title>
        <cusip>13057GAP4</cusip>
        <identifiers>
          <isin value="US13057GAP46"/>
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        <balance>2875000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2761204.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SAN FRANCISCO CALIF CITY &amp; CNTY INFRASTRUCTURE &amp; REVITALIZATION FING DIST NO 1</name>
        <lei>N/A</lei>
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        <cusip>79773NAD0</cusip>
        <identifiers>
          <isin value="US79773NAD03"/>
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        <balance>1320000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1255776.06000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>GAINESVILLE &amp; HALL CNTY GA DEV AUTH EDL FACS REV</name>
        <lei>N/A</lei>
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        <cusip>36274PAC1</cusip>
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          <isin value="US36274PAC14"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2400000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>LOWER PETROGLYPHS PUB IMPT DIST N MEX SPL LEVY REV</name>
        <lei>N/A</lei>
        <title>LOWER PETROGLYPHS PUBLIC IMPT LOWER PETROGLYPHS PUBLIC IMPROVEMENT DISTRICT</title>
        <cusip>54844CAL4</cusip>
        <identifiers>
          <isin value="US54844CAL46"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>489469.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO SALES TAX FING CORP SALES TAX REV</name>
        <lei>N/A</lei>
        <title>PUERTO RICO SALES TAX FING COR PUERTO RICO SALES TAX FINANCING CORP SALES TAX REV</title>
        <cusip>74529JRK3</cusip>
        <identifiers>
          <isin value="US74529JRK33"/>
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        <balance>31000.00000000</balance>
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        <valUSD>29029.97000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.53600000</annualizedRt>
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        <name>BUCKEYE OHIO TOB SETTLEMENT FING AUTH</name>
        <lei>N/A</lei>
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        <cusip>118217CX4</cusip>
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          <isin value="US118217CX40"/>
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        <balance>3500000.00000000</balance>
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        <valUSD>3031424.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>METROPOLITAN DEV &amp; HSG AGY TENN TAX INCREMENT DEV REV</name>
        <lei>N/A</lei>
        <title>NASHVILLE MET DEV &amp; HSG AGY TN NASHVILLE METROPOLITAN DEVELOPMENT &amp; HOUSING AGENC</title>
        <cusip>591874AB8</cusip>
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          <isin value="US591874AB81"/>
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        <valUSD>908503.74000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-06-01</maturityDt>
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          <annualizedRt>5.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY</title>
        <cusip>45204FGN9</cusip>
        <identifiers>
          <isin value="US45204FGN96"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>339144.20000000</valUSD>
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        <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>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RED BARN MET DIST COLO</name>
        <lei>N/A</lei>
        <title>RED BARN MET DIST CO RED BARN METROPOLITAN DISTRICT</title>
        <cusip>75633SAB1</cusip>
        <identifiers>
          <isin value="US75633SAB16"/>
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        <balance>1800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1752501.78000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>NEW HOPE CULTURAL ED FACS FIN CORP TEX RETIREMENT FAC REV</name>
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        <name>WYANDOTTE CNTY KANS CITY KANS UNI GOVT SPL OBLIG REV</name>
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        <name>KARLS FARM MET DIST NO 2 COLO</name>
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        <name>NEW YORK N Y CITY HSG DEV CORP REV</name>
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        <name>ILLINOIS FIN AUTH HEALTH SVCS FAC LEASE REV</name>
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        <name>NEW HOPE CULTURAL ED FACS FIN CORP TEX ED REV</name>
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        <name>ILLINOIS FIN AUTH REV</name>
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          <isin value="US45204EJ255"/>
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        <name>UNIVERSITY KANS HOSP AUTH HEALTH FACS REV</name>
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        <name>PUBLIC FIN AUTH WIS ED REV</name>
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        <name>CALIFORNIA SCH FIN AUTH SCH FAC REV</name>
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        <name>ARLINGTON TEX HIGHER ED FIN CORP ED REV</name>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS HOTEL REV</name>
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          <isin value="US74447DAD93"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2062-02-01</maturityDt>
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        <name>WESTCHESTER TOBACCO ASSET SECURITIZATION CORP N Y TOBACCO SETTLEMENT ASSET BKD</name>
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          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>COLORADO EDL &amp; CULTURAL FACS AUTH REV</name>
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          <isin value="US19645RC258"/>
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        <valUSD>2655000.00000000</valUSD>
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        <isRestrictedSec>Y</isRestrictedSec>

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          <maturityDt>2045-04-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>FLORIDA DEV FIN CORP EDL FACS LEASE REV</name>
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          <isin value="US34062FAB67"/>
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        <valUSD>2819117.68000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>HOUSTON TEX ARPT SYS REV</name>
        <lei>N/A</lei>
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        <cusip>442349FZ4</cusip>
        <identifiers>
          <isin value="US442349FZ40"/>
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        <valUSD>2311050.50000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>HAYMEADOW MET DIST NO 1 COLO</name>
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          <isin value="US42089FAA03"/>
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        <valUSD>1002172.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>NEWARK HIGHER ED FIN CORP TEX ED REV</name>
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        <cusip>650346BX6</cusip>
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          <isin value="US650346BX62"/>
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        <balance>1700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1703148.57000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>BALTIMORE MD SPL OBLIG</name>
        <lei>N/A</lei>
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        <cusip>05923TDB2</cusip>
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          <isin value="US05923TDB26"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>784901.04000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHARLOTTE CNTY FLA INDL DEV AUTH UTIL SYS REV</name>
        <lei>N/A</lei>
        <title>CHARLOTTE CNTY FL INDL DEV AUT CHARLOTTE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/</title>
        <cusip>16080TAE5</cusip>
        <identifiers>
          <isin value="US16080TAE55"/>
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        <balance>1915000.00000000</balance>
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        <valUSD>1867630.18000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-10-01</maturityDt>
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          <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>FLORIDA DEV FIN CORP SR LIVING REV</name>
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          <isin value="US34061WAP95"/>
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        <balance>100000.00000000</balance>
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        <valUSD>96186.67000000</valUSD>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-06-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>LOUISIANA PUB FACS AUTH SOLID WASTE DISP FAC REV</name>
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          <isin value="US54640TAE91"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PAYNE CNTY OKLA ECONOMIC DEV AUTH REV</name>
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          <isin value="US704387AF60"/>
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        <name>DENVER COLO INTL BUSINESS CTR MET DIST NO 1</name>
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        <name>CALIFORNIA SCH FIN AUTH SCH FAC REV</name>
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          <isin value="US13059THG76"/>
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        <name>CALIFORNIA MUN FIN AUTH CTFS PARTN</name>
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        <name>IDAHO FALLS IDAHO AUD DIST ANNUAL APPROPRIATION CTFS PARTN</name>
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          <isin value="US45118AAA97"/>
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        <isRestrictedSec>Y</isRestrictedSec>

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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BERKS CNTY PA MUN AUTH REV</name>
        <lei>N/A</lei>
        <title>BERKS CNTY PA MUNI AUTH BERKS COUNTY MUNICIPAL AUTHORITY/THE</title>
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          <isin value="US084538JK44"/>
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        <name>MIAMI-DADE CNTY FLA INDL DEV AUTH INDL DEV REV</name>
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        <name>DAUPHIN CNTY PA GEN AUTH UNIV REV</name>
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        <name>LOUISIANA PUB FACS AUTH SOLID WASTE DISP FAC REV</name>
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        <name>PUERTO RICO SALES TAX FING CORP SALES TAX REV</name>
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        <name>PUERTO RICO COMWLTH</name>
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        <name>TEMPLE TEX TAX INCREMENT</name>
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        <name>NEW HOPE CULTURAL ED FACS FIN CORP TEX ED REV</name>
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        <name>JEFFERSON CTR MET DIST NO 1 COLO SPL REV</name>
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        <name>SALT LAKE CITY UTAH ARPT REV</name>
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        <name>ALLEGHENY CNTY PA ARPT AUTH ARPT REV</name>
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        <name>ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV</name>
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        <name>PUBLIC FIN AUTH WIS TAX INCREMENT REV</name>
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        <name>BRUNSWICK MD SPL OBLIG</name>
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        <name>PORT BEAUMONT TEX NAV DIST DOCK &amp; WHARF FAC REV</name>
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        <name>PUBLIC FIN AUTH WIS REV</name>
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        <name>ANDERSON IND MULTIFAMILY REV</name>
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        <name>HAMILTON CNTY OHIO HEALTH CARE REV</name>
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        <name>MICHIGAN FIN AUTH LTD OBLIG REV</name>
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        <name>NEW JERSEY ECONOMIC DEV AUTH SPL FAC REV</name>
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        <name>PIMA CNTY ARIZ INDL DEV AUTH ED REV</name>
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        <name>ORANGE CNTY CALIF CMNTY FACS DIST SPL TAX</name>
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        <name>CMFA SPL FIN AGY VII CALIF ESSENTIAL HSG REV</name>
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        <name>VILLA PK ILL LTD OBLIG TAX INCREMENT REV</name>
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        <name>NEW HOPE CULTURAL ED FACS FIN CORP TEX RETIREMENT FAC REV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV</name>
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        <name>INDIANAPOLIS IND LOC PUB IMPT BD BK</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>MORTON GROVE ILL TAX INCREMENT REV</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>LOUISIANA PUB FACS AUTH SOLID WASTE DISP FAC REV</name>
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        <name>ILLINOIS FIN AUTH SOLID WASTE REV</name>
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      <invstOrSec>
        <name>WESTMINSTER MD PROJ REV</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NEW HOPE CULTURAL ED FACS FIN CORP TEX RETIREMENT FAC REV</name>
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        <name>PUBLIC FIN AUTH WIS REV</name>
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        <title>PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY</title>
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        <name>WASHINGTON ST HSG FIN COMMN NONPROFIT HSG REV</name>
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        <name>BRUNSWICK MD SPL OBLIG</name>
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        <name>HANLEY/EAGER RD TRANSN DEV DIST MO REV</name>
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        <name>HENDERSON NEV LOC IMPT DISTS</name>
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        <name>METROPOLITAN DEV &amp; HSG AGY TENN TAX INCREMENT DEV REV</name>
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        <name>SOUTHWESTERN ILL DEV AUTH REV</name>
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        <name>MASSACHUSETTS ST DEV FIN AGY REV</name>
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        <name>LOWER PETROGLYPHS PUB IMPT DIST N MEX SPL LEVY REV</name>
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        <name>ALACHUA CNTY FLA HEALTH FACS AUTH HEALTH FACS REV</name>
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        <name>PORT BEAUMONT TEX NAV DIST DOCK &amp; WHARF FAC REV</name>
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        <name>NORTH HOLLY MET DIST COLO</name>
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        <name>WASHINGTON CNTY PA REDEV AUTH REV</name>
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      <invstOrSec>
        <name>ST LOUIS CNTY MO INDL DEV AUTH SR LIVING FACS REV</name>
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      <invstOrSec>
        <name>ILLINOIS FIN AUTH REV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VILLAGE AT DRY CREEK MET DIST NO 2 COLO</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>ATLANTA GA ARPT PASSENGER FAC CHARGE REV</name>
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        <cusip>04780TDM3</cusip>
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          <isin value="US04780TDM36"/>
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        <valUSD>3874049.20000000</valUSD>
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        <name>LAKEWOOD RANCH STEWARDSHIP DIST FLA SPL ASSMT REV</name>
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        <name>CUYAHOGA CNTY OHIO HOSP REV</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>WISCONSIN ST HEALTH &amp; EDL FACS AUTH REV</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>GULF COAST WASTE DISP AUTH TEX SOLID WASTE DISP REV</name>
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        <cusip>402231AU8</cusip>
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        <valUSD>915547.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ORANGE CNTY FLA HEALTH FACS AUTH REV</name>
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        <cusip>68450LJR7</cusip>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>ONONDAGA N Y CIVIC DEV CORP REV</name>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>PUBLIC FIN AUTH WIS REV</name>
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          <isin value="US74442PZR99"/>
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        <name>NEW HOPE CULTURAL ED FACS FIN CORP TEX RETIREMENT FAC REV</name>
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        <name>HANLEY/EAGER RD TRANSN DEV DIST MO REV</name>
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        <cusip>41048TAH7</cusip>
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        <name>TARRANT CNTY TEX CULTURAL ED FACS FIN CORP RETIREMENT FAC REV</name>
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        <name>CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REV</name>
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        <name>CALIFORNIA SCH FIN AUTH SCH FAC REV</name>
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        <name>ORANGE CNTY FLA HEALTH FACS AUTH REV</name>
        <lei>N/A</lei>
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        <lei>N/A</lei>
        <title>FLORIDA ST DEV FIN CORP EDUCTN FLORIDA DEVELOPMENT FINANCE CORP</title>
        <cusip>34061UBV9</cusip>
        <identifiers>
          <isin value="US34061UBV98"/>
        </identifiers>
        <balance>4930000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4933813.36000000</valUSD>
        <pctVal>0.634627516960</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-03-31</ncom:dateSigned>
      <ncom:nameOfApplicant>City National Rochdale Funds</ncom:nameOfApplicant>
      <ncom:signature>Faria Adam</ncom:signature>
      <ncom:signerName>Faria Adam</ncom:signerName>
      <ncom:title>Compliance</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
