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        <debtSec>
          <maturityDt>2028-01-01</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>
      <invstOrSec>
        <name>State of Maryland</name>
        <lei>N/A</lei>
        <title>State of Maryland, Series 2020-2B</title>
        <cusip>574193TK4</cusip>
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          <isin value="US574193TK48"/>
          <other otherDesc="Inhouse Asset ID" value="574193TK4"/>
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        <balance>2385000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2532759.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</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>
      <invstOrSec>
        <name>County of Montgomery</name>
        <lei>549300GNX5SDUEBKPK13</lei>
        <title>County of Montgomery, Series 2020B</title>
        <cusip>61334PCR2</cusip>
        <identifiers>
          <isin value="US61334PCR29"/>
          <other otherDesc="Inhouse Asset ID" value="61334PCR2"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10253.67000000</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>2026-11-01</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Virginia Public School Authority</name>
        <lei>N/A</lei>
        <title>Virginia Public School Authority, Series XI</title>
        <cusip>92818JBV8</cusip>
        <identifiers>
          <isin value="US92818JBV89"/>
          <other otherDesc="Inhouse Asset ID" value="92818JBV8"/>
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        <balance>2745000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2895707.36000000</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>2027-04-15</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Austin Independent School District</name>
        <lei>N/A</lei>
        <title>Austin Independent School District, Series 2022B</title>
        <cusip>052430UR4</cusip>
        <identifiers>
          <isin value="US052430UR48"/>
          <other otherDesc="Inhouse Asset ID" value="052430UR4"/>
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        <balance>6900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7464650.46000000</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>2028-08-01</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>
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      </invstOrSec>
      <invstOrSec>
        <name>New York City Transitional Finance Authority Building Aid</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority Building Aid, Series 2019S-3A</title>
        <cusip>64972HW99</cusip>
        <identifiers>
          <isin value="US64972HW994"/>
          <other otherDesc="Inhouse Asset ID" value="64972HW99"/>
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        <balance>1285000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1301875.65000000</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>2025-07-15</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>
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      </invstOrSec>
      <invstOrSec>
        <name>State of Georgia</name>
        <lei>N/A</lei>
        <title>State of Georgia, Series 2022A</title>
        <cusip>373385KA0</cusip>
        <identifiers>
          <isin value="US373385KA02"/>
          <other otherDesc="Inhouse Asset ID" value="373385KA0"/>
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        <balance>21185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22460356.07000000</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>2027-07-01</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>
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      <invstOrSec>
        <name>State of Georgia</name>
        <lei>N/A</lei>
        <title>State of Georgia, Series 2014A-2</title>
        <cusip>373384R81</cusip>
        <identifiers>
          <isin value="US373384R818"/>
          <other otherDesc="Inhouse Asset ID" value="373384R81"/>
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        <balance>325000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>325499.33000000</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>2025-02-01</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>
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      <invstOrSec>
        <name>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
        <title>State of Ohio, Series 2018A</title>
        <cusip>677522XM1</cusip>
        <identifiers>
          <isin value="US677522XM19"/>
          <other otherDesc="Inhouse Asset ID" value="677522XM1"/>
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        <balance>225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>231356.23000000</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>2026-04-01</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>
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      <invstOrSec>
        <name>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
        <title>State of Ohio, Series 2018A</title>
        <cusip>677522YQ1</cusip>
        <identifiers>
          <isin value="US677522YQ14"/>
          <other otherDesc="Inhouse Asset ID" value="677522YQ1"/>
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        <balance>8020000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8217826.13000000</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>2038-02-01</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>North Carolina Turnpike Authority</name>
        <lei>549300FCT1PN0GJGQ240</lei>
        <title>North Carolina Turnpike Authority, Series 2017</title>
        <cusip>65830RBC2</cusip>
        <identifiers>
          <isin value="US65830RBC25"/>
          <other otherDesc="Inhouse Asset ID" value="65830RBC2"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1001316.00000000</valUSD>
        <pctVal>0.011502751702</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Minnesota Public Facilities Authority State Revolving Fund</name>
        <lei>N/A</lei>
        <title>Minnesota Public Facilities Authority State Revolving Fund, Series 2016A</title>
        <cusip>604115CH6</cusip>
        <identifiers>
          <isin value="US604115CH67"/>
          <other otherDesc="Inhouse Asset ID" value="604115CH6"/>
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        <balance>1910000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1960021.75000000</valUSD>
        <pctVal>0.022516012449</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>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Atlanta</name>
        <lei>N/A</lei>
        <title>City of Atlanta Department of Aviation, Series 2020A</title>
        <cusip>04780MWY1</cusip>
        <identifiers>
          <isin value="US04780MWY10"/>
          <other otherDesc="Inhouse Asset ID" value="04780MWY1"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1033893.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Triborough Bridge &amp; Tunnel Authority</name>
        <lei>54930020ZN4LQF7K3456</lei>
        <title>Triborough Bridge &amp; Tunnel Authority, Series 2017C-1</title>
        <cusip>89602RCC7</cusip>
        <identifiers>
          <isin value="US89602RCC79"/>
          <other otherDesc="Inhouse Asset ID" value="89602RCC7"/>
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        <balance>5530000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5646089.08000000</valUSD>
        <pctVal>0.064860204749</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-15</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>
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      <invstOrSec>
        <name>County of Hennepin</name>
        <lei>254900YDNULMQREFAU43</lei>
        <title>County of Hennepin, Series 2019B</title>
        <cusip>425507HG8</cusip>
        <identifiers>
          <isin value="US425507HG85"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>90944.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>State of California, Series C</title>
        <cusip>13063DDP0</cusip>
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          <isin value="US13063DDP06"/>
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        <balance>940000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>953857.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Connecticut</name>
        <lei>N/A</lei>
        <title>State of Connecticut, Series 2019A</title>
        <cusip>20772KFU8</cusip>
        <identifiers>
          <isin value="US20772KFU88"/>
          <other otherDesc="Inhouse Asset ID" value="20772KFU8"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>110613.35000000</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>2027-04-15</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
        <title>Commonwealth of Massachusetts, Series 2019A</title>
        <cusip>57582RWH5</cusip>
        <identifiers>
          <isin value="US57582RWH55"/>
          <other otherDesc="Inhouse Asset ID" value="57582RWH5"/>
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        <balance>1040000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1064890.42000000</valUSD>
        <pctVal>0.012233071369</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Trinity River Authority Central Regional Wastewater System</name>
        <lei>N/A</lei>
        <title>Trinity River Authority Central Regional Wastewater System, Series 2022</title>
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          <isin value="US89658HYF18"/>
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        <balance>1180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1275795.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>County of Wake</name>
        <lei>5493007XQJHO082P1H29</lei>
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        <curCd>USD</curCd>
        <valUSD>2929770.89000000</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>2025-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Arizona Transportation Board</name>
        <lei>N/A</lei>
        <title>Arizona Transportation Board, Series 2018</title>
        <cusip>040649MT9</cusip>
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          <isin value="US040649MT97"/>
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        <balance>885000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>895070.68000000</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>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <isin value="US64990FE832"/>
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        <balance>315000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>316276.79000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-15</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>City of Phoenix Civic Improvement Corp.</name>
        <lei>N/A</lei>
        <title>City of Phoenix Civic Improvement Corp., Series 2014B</title>
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          <isin value="US71883RNP46"/>
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        <balance>4615000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4621164.72000000</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>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Maryland</name>
        <lei>N/A</lei>
        <title>State of Maryland, Series 2A</title>
        <cusip>574193RR1</cusip>
        <identifiers>
          <isin value="US574193RR19"/>
          <other otherDesc="Inhouse Asset ID" value="574193RR1"/>
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        <balance>6695000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7258017.36000000</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>2028-08-01</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>Virginia Public School Authority</name>
        <lei>N/A</lei>
        <title>Virginia Public School Authority, Series 2020B</title>
        <cusip>92818HQW4</cusip>
        <identifiers>
          <isin value="US92818HQW42"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>135507.11000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</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>Metropolitan Government of Nashville &amp; Davidson County</name>
        <lei>549300GW8FVQJ3DU6O10</lei>
        <title>Metropolitan Government of Nashville &amp; Davidson County, Series 2018</title>
        <cusip>592112TC0</cusip>
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          <isin value="US592112TC06"/>
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        <balance>645000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>668360.09000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Minnesota Public Facilities Authority State Revolving Fund</name>
        <lei>N/A</lei>
        <title>Minnesota Public Facilities Authority State Revolving Fund, Series 2016A</title>
        <cusip>604115CL7</cusip>
        <identifiers>
          <isin value="US604115CL79"/>
          <other otherDesc="Inhouse Asset ID" value="604115CL7"/>
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        <balance>4750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4874953.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Commonwealth of Pennsylvania</name>
        <lei>N/A</lei>
        <title>Commonwealth of Pennsylvania, Series 2019</title>
        <cusip>70914PP97</cusip>
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          <isin value="US70914PP979"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5169983.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Atlanta</name>
        <lei>N/A</lei>
        <title>City of Atlanta, Series 2018B</title>
        <cusip>047870QB9</cusip>
        <identifiers>
          <isin value="US047870QB98"/>
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        <balance>1025000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1044512.93000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Snohomish</name>
        <lei>254900GIDXGQFYCOA089</lei>
        <title>County of Snohomish, Series 2022</title>
        <cusip>833086DX6</cusip>
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          <isin value="US833086DX66"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1566838.65000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
        <title>New York State Thruway Authority, Series Q</title>
        <cusip>6500092N2</cusip>
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          <isin value="US6500092N29"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10936793.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>School District of Broward County</name>
        <lei>5493006KVNQDJ1D0OD92</lei>
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        <cusip>115065YC2</cusip>
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          <isin value="US115065YC22"/>
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        <curCd>USD</curCd>
        <valUSD>925041.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Connecticut</name>
        <lei>N/A</lei>
        <title>State of Connecticut, Series 2016B</title>
        <cusip>20772JY97</cusip>
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          <isin value="US20772JY977"/>
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        <balance>2635000.00000000</balance>
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        <valUSD>2658417.77000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-15</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>State of Hawaii</name>
        <lei>N/A</lei>
        <title>State of Hawaii, Series FH</title>
        <cusip>419792MG8</cusip>
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          <isin value="US419792MG85"/>
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        <balance>280000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>284980.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois, Series 2022B</title>
        <cusip>452153DG1</cusip>
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          <isin value="US452153DG15"/>
          <other otherDesc="Inhouse Asset ID" value="452153DG1"/>
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        <balance>4245000.00000000</balance>
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        <name>California State University</name>
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        <name>Utility Debt Securitization Authority</name>
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        <name>Empire State Development Corp.</name>
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        <name>City of Phoenix Civic Improvement Corp.</name>
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        <name>University of Arizona (The)</name>
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        <name>San Diego Community College District</name>
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        <name>Ohio Water Development Authority</name>
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        <name>Palomar Community College District</name>
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        <name>Curators of the University of Missouri (The)</name>
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        <name>Long Island Power Authority</name>
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        <name>Massachusetts Water Resources Authority</name>
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        <name>Ohio State University (The)</name>
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        <name>Permanent University Fund - University of Texas System</name>
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        <name>State of Illinois</name>
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        <name>Indianapolis Local Public Improvement Bond Bank</name>
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        <name>University of Arizona (The)</name>
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        <name>City of Atlanta GA Water &amp; Wastewater Revenue</name>
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          <isin value="US047870MU16"/>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Georgia</name>
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        <name>State of Connecticut Special Tax</name>
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        <name>California State Public Works Board</name>
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        <name>State of Kansas Department of Transportation</name>
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          <maturityDt>2029-09-01</maturityDt>
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        <name>North Dakota Public Finance Authority</name>
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        <name>City of Minneapolis</name>
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          <maturityDt>2024-12-01</maturityDt>
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        <name>City of Colorado Springs</name>
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        <name>Hudson Yards Infrastructure Corp.</name>
        <lei>549300EE2HJ67TPURL87</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois, Series 2017A</title>
        <cusip>452152S36</cusip>
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          <isin value="US452152S365"/>
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      <invstOrSec>
        <name>Metropolitan St Louis Sewer District</name>
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        <name>New York State Environmental Facilities Corp.</name>
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        <name>Clark County Public Utility District No. 1 Electric Revenue</name>
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        <name>Massachusetts Bay Transportation Authority Sales Tax</name>
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        <name>Utah Transit Authority</name>
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        <name>Los Angeles Community College District</name>
        <lei>N/A</lei>
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        <name>Massachusetts Bay Transportation Authority Assessment</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>Katy Independent School District</name>
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      <invstOrSec>
        <name>City of Dallas</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Maine</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Garland TX Electric Utility System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
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      <invstOrSec>
        <name>State of Connecticut</name>
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          <isin value="US20772KSE00"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Commonwealth of Massachusetts</name>
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          <isin value="US57582RLR56"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Virginia Resources Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Ohio Water Development Authority</name>
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        <name>Texas Water Development Board</name>
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          <isin value="US8828547J52"/>
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        <name>City of Phoenix Civic Improvement Corp.</name>
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        <name>State of North Carolina</name>
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        <name>County of Wake</name>
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        <name>State of Minnesota</name>
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        <name>University of Colorado</name>
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        <name>Hampton Roads Transportation Accountability Commission</name>
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        <name>North Texas Tollway Authority</name>
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        <name>New York City Transitional Finance Authority Building Aid</name>
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        <name>Indiana Finance Authority</name>
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      <invstOrSec>
        <name>Los Angeles Unified School District</name>
        <lei>N/A</lei>
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        <name>San Francisco Bay Area Rapid Transit District</name>
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        <name>County of King</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Rhode Island Commerce Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York City Transitional Finance Authority</name>
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        <name>County of Clark Department of Aviation</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Ohio</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Metropolitan Transportation Authority</name>
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        <name>Virginia Public School Authority</name>
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        <name>State of Ohio</name>
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        <name>County of Williamson</name>
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        <name>New York State Dormitory Authority</name>
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        <name>State of Wisconsin</name>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-09-15</maturityDt>
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        <name>Commonwealth of Massachusetts</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Washington</name>
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        <name>New York City Transitional Finance Authority</name>
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        <name>State of Connecticut</name>
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        <name>Tennessee State School Bond Authority</name>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>State of Minnesota</name>
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        <name>New York State Dormitory Authority</name>
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        <name>University of California</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>San Francisco City &amp; County Airport Comm-San Francisco International Airport</name>
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        <name>Empire State Development Corp.</name>
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        <name>Georgia State Road &amp; Tollway Authority</name>
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        <name>Indiana Finance Authority</name>
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        <name>Greenville County School District</name>
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        <name>Clear Creek Independent School District</name>
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          <isin value="US249174YA52"/>
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        <name>State of Minnesota</name>
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          <isin value="US60412AJ203"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Washington Metropolitan Area Transit Authority</name>
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          <isin value="US93878YBA64"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of Maine</name>
        <lei>N/A</lei>
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          <isin value="US56052AF680"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York State Thruway Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-15</maturityDt>
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      <invstOrSec>
        <name>Gwinnett County Water &amp; Sewerage Authority</name>
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          <isin value="US403760KC42"/>
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        <balance>565000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Regional Transportation District Sales Tax</name>
        <lei>N/A</lei>
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          <isin value="US759136VQ45"/>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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          <isin value="US6461362B62"/>
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        <fairValLevel>2</fairValLevel>
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        <name>New York City Municipal Water Finance Authority</name>
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          <isin value="US64972GWV21"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Great Lakes Water Authority Sewage Disposal System</name>
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          <isin value="US39081HBZ47"/>
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        <name>Alabama Federal Aid Highway Finance Authority</name>
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        <cusip>010268BA7</cusip>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Chicago Midway International Airport</name>
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        <balance>2770000.00000000</balance>
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        <name>County of Montgomery</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-01</maturityDt>
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      <invstOrSec>
        <name>County of Cabarrus NC</name>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Commonwealth of Virginia</name>
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        <name>Lower Colorado River Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>West Virginia Parkways Authority</name>
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        <name>State of Maryland</name>
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      <invstOrSec>
        <name>City of Winston-Salem</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Round Rock Independent School District</name>
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        <balance>3255000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Connecticut Special Tax</name>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Hamilton</name>
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        <name>Garland Independent School District</name>
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        <name>City of San Francisco</name>
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        <name>State of Louisiana</name>
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        <name>State of Wisconsin</name>
        <lei>549300VTAT608CNZ5827</lei>
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      <invstOrSec>
        <name>BlackRock Liquidity Funds</name>
        <lei>549300RWBJ885673DL84</lei>
        <title>BlackRock Liquidity MuniCash Funds: Institutional Shares</title>
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      <invstOrSec>
        <name>State of Oregon Department of Transportation</name>
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        <name>City of Raleigh</name>
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        <name>Board of Regents of the University of Texas System</name>
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        <name>State of Maryland Department of Transportation</name>
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        <name>Las Vegas Valley Water District</name>
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        <name>City of Colorado Springs Utilities System</name>
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      <invstOrSec>
        <name>Texas State University System</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Seattle</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Virginia Public School Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Development Finance Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Howard</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Washington</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-08-01</maturityDt>
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        <name>Empire State Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-15</maturityDt>
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        <name>State of California</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>New York City Municipal Water Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>Virginia College Building Authority</name>
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        <name>State of Texas</name>
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        <name>County of Howard</name>
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        <name>Bay Area Toll Authority</name>
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        <debtSec>
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      </invstOrSec>
      <invstOrSec>
        <name>City &amp; County of Honolulu</name>
        <lei>N/A</lei>
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        <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>
      <invstOrSec>
        <name>City of Phoenix Civic Improvement Corp.</name>
        <lei>N/A</lei>
        <title>City of Phoenix Civic Improvement Corp., Series 2016</title>
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          <isin value="US71883RNZ28"/>
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        <curCd>USD</curCd>
        <valUSD>1214510.52000000</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>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Board of Regents of the University of Texas System</name>
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          <isin value="US91514ADC62"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Maryland</name>
        <lei>N/A</lei>
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          <isin value="US574193QN14"/>
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        <balance>3360000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3406215.79000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Massachusetts Clean Water Trust (The)</name>
        <lei>549300SYPEROLSQU0261</lei>
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          <isin value="US575829GP54"/>
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        <balance>2115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2223012.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Board of Regents of the University of Texas System</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Maryland</name>
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          <isin value="US574193TB49"/>
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        <balance>2535000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Central Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of New Jersey</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>California State Public Works Board</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Montgomery</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of New York</name>
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        <name>State of Ohio</name>
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        <name>Indiana Finance Authority</name>
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        <name>County of Prince George's</name>
        <lei>549300NSQ1W50I0VU811</lei>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Los Angeles Department of Water &amp; Power Water System</name>
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      <invstOrSec>
        <name>Tarrant Regional Water District Water Supply System</name>
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        <name>County of Hamilton OH Sewer System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Intermountain Power Agency</name>
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        <name>County of Howard</name>
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        <name>State of Minnesota</name>
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        <name>Los Angeles Unified School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of New York</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-08-01</maturityDt>
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        <name>New York City Transitional Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Cincinnati OH Water System Revenue</name>
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        <name>Conroe Independent School District</name>
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        <name>Virginia Commonwealth Transportation Board</name>
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        <name>Ohio Water Development Authority</name>
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        <name>District of Columbia Water &amp; Sewer Authority</name>
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        <name>County of Wake</name>
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        <name>State of Maryland</name>
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        <name>Curators of the University of Missouri (The)</name>
        <lei>G0G4PRB87K0V5MXIV248</lei>
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        <name>University of California</name>
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        <name>Bay Area Toll Authority</name>
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        <name>North Texas Tollway Authority</name>
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        <name>State of Utah</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Texas</name>
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        <name>City of Austin</name>
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        <name>Sales Tax Securitization Corp.</name>
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        <name>Alabama Public School and College Authority</name>
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        <name>Municipal Electric Authority of Georgia</name>
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        <name>Metropolitan Government of Nashville &amp; Davidson County</name>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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        <name>Conroe Independent School District</name>
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        <name>Purdue University</name>
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        <fairValLevel>2</fairValLevel>
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        <name>University of Massachusetts Building Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Fairfax</name>
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        <name>Alabama Public School and College Authority</name>
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        <name>City of Portland</name>
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        <name>City of Portland</name>
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        <name>Multnomah County School District No. 7 Reynolds</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Austin Independent School District</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>University of Utah (The)</name>
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      <invstOrSec>
        <name>Texas A&amp;M University</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Massachusetts Clean Water Trust (The)</name>
        <lei>549300SYPEROLSQU0261</lei>
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          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Virginia College Building Authority</name>
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        <name>Washington Suburban Sanitary Commission</name>
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        <name>Long Island Power Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Clean Water Trust (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of California</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Metropolitan Council</name>
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        <name>Kentucky State Property &amp; Building Commission</name>
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        <name>State of Texas</name>
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        <name>Long Island Power Authority</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax</name>
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        <name>County of Cook IL</name>
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        <name>State of California</name>
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        <name>Illinois State Toll Highway Authority</name>
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        <name>State of California</name>
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        <name>Fort Bend Independent School District</name>
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        <name>City of New York</name>
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          <maturityDt>2024-12-01</maturityDt>
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        <name>Charleston Educational Excellence Finance Corp.</name>
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        <name>State of Connecticut Special Tax</name>
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        <name>North Carolina Municipal Power Agency No. 1</name>
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        <name>Ohio Water Development Authority</name>
        <lei>549300QMBH1DMY67FZ74</lei>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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      <invstOrSec>
        <name>State of Connecticut Special Tax Revenue</name>
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        <name>East Baton Rouge Sewerage Commission</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New Hampshire Municipal Bond Bank</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Gwinnett County Water &amp; Sewerage Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-08-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>California State Public Works Board</name>
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          <isin value="US13068XAW92"/>
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          <maturityDt>2028-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <maturityDt>2028-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Transitional Finance Authority</name>
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        <name>Texas Transportation Commission</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York State Dormitory Authority</name>
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        <name>State of North Carolina</name>
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        <name>Austin Independent School District</name>
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        <name>State of California</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Clark County School District</name>
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        <name>City of New York</name>
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        <name>State of Washington</name>
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        <name>State of California</name>
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          <maturityDt>2027-11-01</maturityDt>
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      <invstOrSec>
        <name>Energy Northwest</name>
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        <name>Arlington Independent School District</name>
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        <name>State of Wisconsin</name>
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        <name>Beaufort County School District</name>
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        <name>Conroe Independent School District</name>
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        <name>State of Maryland</name>
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        <name>Alabama Public School and College Authority</name>
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        <name>King County School District No. 414 Lake Washington</name>
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        <name>Missouri Highway &amp; Transportation Commission</name>
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        <name>State of California</name>
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        <name>Los Angeles Unified School District</name>
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        <name>Virginia Public Building Authority</name>
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        <name>North Texas Tollway Authority</name>
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        <name>Commonwealth of Massachusetts</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Connecticut Special Tax</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Omaha Public Power District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Oregon Department of Transportation</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>Energy Northwest</name>
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        <name>City of New Orleans</name>
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        <name>City of Austin TX Water &amp; Wastewater System Revenue</name>
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        <name>New York State Dormitory Authority</name>
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        <name>State of Wisconsin</name>
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        <name>State of Minnesota</name>
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        <name>Foothill-De Anza Community College District</name>
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        <name>State of Maryland Department of Transportation</name>
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      <invstOrSec>
        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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        <name>Energy Northwest</name>
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        <name>State of Connecticut Special Tax</name>
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        <name>State of Washington</name>
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        <name>Texas A&amp;M University</name>
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        <name>Massachusetts Transportation Trust Fund Metropolitan Highway System</name>
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        <name>Indiana Finance Authority</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>Lower Colorado River Authority</name>
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        <name>State of Connecticut</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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      <invstOrSec>
        <name>City &amp; County Honolulu</name>
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      <invstOrSec>
        <name>State of Connecticut Special Tax</name>
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        <name>Iowa Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Ohio</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Illinois Sales Tax</name>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Baltimore</name>
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        <name>State of Texas</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax</name>
        <lei>N/A</lei>
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        <name>Board of Regents of the University of Texas System</name>
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        <name>County of Montgomery</name>
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        <name>Texas A&amp;M University</name>
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        <name>City of Dallas TX</name>
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        <name>State of Delaware</name>
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        <name>Illinois State Toll Highway Authority</name>
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        <valUSD>1635367.04000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Virginia College Building Authority</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>State of Connecticut</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-02-15</maturityDt>
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      <invstOrSec>
        <name>Kentucky Turnpike Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Ohio</name>
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          <isin value="US677523EZ16"/>
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        <valUSD>2854369.84000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>City of New York</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Commonwealth of Virginia</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-12-15</maturityDt>
          <couponKind>None</couponKind>
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        <name>State of Mississippi</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Montgomery</name>
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        <balance>705000.00000000</balance>
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          <maturityDt>2027-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Hawaii</name>
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        <balance>585000.00000000</balance>
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        <valUSD>585887.85000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Trinity River Authority Central Regional Wastewater System</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-08-01</maturityDt>
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      <invstOrSec>
        <name>State of Connecticut Special Tax</name>
        <lei>N/A</lei>
        <title>State of Connecticut Special Tax, Series A</title>
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        <balance>1520000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Empire State Development Corp.</name>
        <lei>54930039Y2EMGXN6LM88</lei>
        <title>Empire State Development Corp., Series 2020E</title>
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        <name>County of King</name>
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        <name>University of Michigan</name>
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        <name>Round Rock Independent School District</name>
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        <name>State of Florida Department of Transportation</name>
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        <name>State of Ohio</name>
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        <name>State of Connecticut Special Tax</name>
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        <name>Metropolitan Government of Nashville &amp; Davidson County</name>
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        <name>Illinois State Toll Highway Authority</name>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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        <name>Hudson Yards Infrastructure Corp.</name>
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        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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        <name>Minneapolis-St Paul Metropolitan Airports Commission</name>
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        <name>University of Washington</name>
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        <name>Alamo Community College District</name>
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        <name>County of Wake</name>
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        <name>State of Minnesota</name>
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          <isin value="US604146FZ81"/>
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          <maturityDt>2025-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Michigan State University</name>
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          <maturityDt>2028-08-15</maturityDt>
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        <name>New Jersey Turnpike Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Columbus</name>
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        <balance>820000.00000000</balance>
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        <valUSD>829805.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Commonwealth of Massachusetts</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Texas Public Finance Authority</name>
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          <isin value="US882669BB90"/>
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        <balance>2870000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>Georgia Ports Authority</name>
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        <name>State of Utah</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Austin Independent School District</name>
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          <isin value="US052430VL68"/>
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        <balance>1350000.00000000</balance>
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        <name>State of Connecticut Special Tax</name>
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        <name>Empire State Development Corp.</name>
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        <invCountry>US</invCountry>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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      <invstOrSec>
        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax</name>
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          <isin value="US54466HGW07"/>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Sacramento Municipal Utility District</name>
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        <name>Texas A&amp;M University</name>
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        <name>City of Houston</name>
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        <name>Richardson Independent School District</name>
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        <name>State of Connecticut</name>
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        <name>California State Public Works Board</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>County of Prince George's</name>
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        <name>University of Utah (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Ohio</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of San Francisco</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Philadelphia Gas Works Co.</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Educational Facilities Authority</name>
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        <balance>6885000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-01</maturityDt>
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      <invstOrSec>
        <name>Permanent University Fund - University of Texas System</name>
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          <isin value="US915130AL23"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Minnesota</name>
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          <isin value="US60412AQT33"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>238939.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <isin value="US64990AFP57"/>
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        <balance>1900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1911337.30000000</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>2025-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>County of Prince George's</name>
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          <isin value="US7417016W19"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>117137.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Los Angeles Department of Water &amp; Power</name>
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        <title>Los Angeles Department of Water &amp; Power, Series 2018B</title>
        <cusip>5444954Y7</cusip>
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          <isin value="US5444954Y74"/>
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        <balance>980000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>990908.87000000</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>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>San Diego County Regional Transportation Commission</name>
        <lei>W4FR340A6EQ2SSI17B56</lei>
        <title>San Diego County Regional Transportation Commission, Series 2016A</title>
        <cusip>797400KJ6</cusip>
        <identifiers>
          <isin value="US797400KJ61"/>
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        <balance>2135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2150941.83000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City &amp; County of Honolulu</name>
        <lei>N/A</lei>
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        <cusip>438687YH2</cusip>
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          <isin value="US438687YH21"/>
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        <balance>4280000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4595994.11000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
        <title>State of Ohio, Series 2020B</title>
        <cusip>6775223M4</cusip>
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          <isin value="US6775223M46"/>
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        <balance>3370000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3426712.38000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Las Vegas Valley Water District</name>
        <lei>N/A</lei>
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        <cusip>517845MN0</cusip>
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        <balance>5550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5603095.74000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Memphis</name>
        <lei>254900N4APYJWTAF5J46</lei>
        <title>City of Memphis, Series 2018</title>
        <cusip>586145R89</cusip>
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          <isin value="US586145R899"/>
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        <balance>6260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6321302.93000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <balance>2860000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3050519.19000000</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>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of North Carolina</name>
        <lei>N/A</lei>
        <title>State of North Carolina, Series 2020A</title>
        <cusip>6582565C2</cusip>
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          <isin value="US6582565C28"/>
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        <balance>10335000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11174416.97000000</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>2028-06-01</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>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, Series 2019D</title>
        <cusip>64990FNZ3</cusip>
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        <name>Virginia Commonwealth Transportation Board</name>
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        <name>New York State Environmental Facilities Corp.</name>
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        <name>Borough of Matanuska-Susitna</name>
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        <name>Illinois State Toll Highway Authority</name>
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        <name>Sales Tax Securitization Corp.</name>
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        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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        <name>California State Public Works Board</name>
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        <name>Illinois State Toll Highway Authority</name>
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      <invstOrSec>
        <name>Central Puget Sound Regional Transit Authority</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>Los Angeles Department of Water &amp; Power Water System</name>
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        <name>Indiana Municipal Power Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Metropolitan Water District of Southern California</name>
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        <fairValLevel>2</fairValLevel>
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        <name>District of Columbia</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ohio Water Development Authority</name>
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        <name>Texas Water Development Board</name>
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        <name>Clark County School District</name>
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        <name>Cypress-Fairbanks Independent School District</name>
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        <name>City of New York</name>
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        <name>City of Memphis</name>
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        <name>City of Seattle</name>
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        <name>University of Pittsburgh-of the Commonwealth System of Higher Education</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>City of Raleigh NC Combined Enterprise System Revenue</name>
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        <name>University of California</name>
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        <name>State of Oregon</name>
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        <name>City &amp; County of Denver</name>
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        <name>New Jersey Economic Development Authority</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>State of Washington</name>
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        <name>Los Angeles Community College District</name>
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        <name>Riverside Community College District</name>
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        <name>State of Louisiana</name>
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        <name>State of Hawaii</name>
        <lei>N/A</lei>
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        <name>County of Hennepin</name>
        <lei>254900YDNULMQREFAU43</lei>
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        <name>Dallas Area Rapid Transit</name>
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        <name>State of Minnesota</name>
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        <name>Alabama Public School and College Authority</name>
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        <name>Massachusetts Bay Transportation Authority Sales Tax</name>
        <lei>N/A</lei>
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        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>City of Boston</name>
        <lei>N/A</lei>
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          <maturityDt>2026-03-01</maturityDt>
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        <name>New York State Environmental Facilities Corp.</name>
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        <name>East Bay Municipal Utility District Water System</name>
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        <name>Alamo Community College District</name>
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        <name>University of Massachusetts Building Authority</name>
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        <name>University of California</name>
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        <name>California Infrastructure &amp; Economic Development Bank</name>
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        <name>State of Louisiana Gasoline &amp; Fuels Tax Revenue</name>
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        <name>North East Independent School District</name>
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        <name>Minnesota Public Facilities Authority State Revolving Fund</name>
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        <name>Lower Colorado River Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>State of Minnesota</name>
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        <name>Aldine Independent School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Permanent University Fund - University of Texas System</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Michigan State Building Authority</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>New Mexico Finance Authority</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>City &amp; County of Honolulu HI</name>
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        <name>Texas A&amp;M University</name>
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        <name>University of Minnesota</name>
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        <name>Texas State University System</name>
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        <name>University of Michigan</name>
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        <name>County of King</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lewisville Independent School District</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>Washington Metropolitan Area Transit Authority</name>
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        <name>Allen Independent School District</name>
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        <name>Intermountain Power Agency</name>
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        <name>San Mateo County Community College District</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Los Rios Community College District</name>
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        <name>Tarrant Regional Water District Water Supply System</name>
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        <name>Indiana Finance Authority</name>
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        <name>City of Boston</name>
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        <name>Park Hill School District of Platte County</name>
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      <invstOrSec>
        <name>State of Maryland Department of Transportation</name>
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      <invstOrSec>
        <name>University of Arizona (The)</name>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
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        <name>City of Columbus</name>
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        <name>Virginia College Building Authority</name>
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        <name>San Diego Public Facilities Financing Authority</name>
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        <name>Lewisville Independent School District</name>
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        <name>Central Florida Expressway Authority</name>
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        <name>Long Beach Unified School District</name>
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        <name>Oklahoma Capitol Improvement Authority</name>
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        <name>State of New Mexico Severance Tax Permanent Fund</name>
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        <name>State of Connecticut</name>
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        <name>Dallas Independent School District</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Massachusetts Water Resources Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-08-01</maturityDt>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Maine</name>
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          <isin value="US56052AA715"/>
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        <balance>4150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4386350.39000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>County of Prince George's</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-15</maturityDt>
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        <name>State of Florida</name>
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          <isin value="US34153QDS21"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-12-15</maturityDt>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>North Dakota Public Finance Authority</name>
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          <maturityDt>2027-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>North Carolina Capital Facilities Finance Agency</name>
        <lei>549300PWNPSB7G58A235</lei>
        <title>North Carolina Capital Facilities Finance Agency, Series 2015B</title>
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          <isin value="US65819GKW77"/>
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        <name>State of Alaska</name>
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          <isin value="US0117705T70"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Connecticut Special Tax Revenue</name>
        <lei>N/A</lei>
        <title>State of Connecticut Special Tax, Series 2024 B</title>
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          <isin value="US207758T605"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-07-01</maturityDt>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>State of Maine</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>State of California Department of Water Resources</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-12-01</maturityDt>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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          <isin value="US45506DYW90"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>City of New York</name>
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      <invstOrSec>
        <name>Tennessee State School Bond Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-01</maturityDt>
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        <name>City of New York</name>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Prince George's</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Houston</name>
        <lei>N/A</lei>
        <title>City of Houston Combined Utility System, Series 2024A</title>
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        <balance>4000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Harris</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Minnesota</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Minnesota</name>
        <lei>N/A</lei>
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        <balance>23480000.00000000</balance>
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          <maturityDt>2028-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Charlotte</name>
        <lei>5493001QNY6JJFWHQ568</lei>
        <title>City of Charlotte, Series 2021A</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Connecticut</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Denton Independent School District</name>
        <lei>5493005I9W678SUI0Z07</lei>
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        <balance>3000000.00000000</balance>
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      <invstOrSec>
        <name>City of Columbus</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Utility Debt Securitization Authority</name>
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        <name>New York City Municipal Water Finance Authority</name>
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        <name>East Side Union High School District</name>
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        <name>Virginia College Building Authority</name>
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        <name>State of Connecticut</name>
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        <name>Missouri Joint Municipal Electric Utility Commission</name>
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        <name>Permanent University Fund - University of Texas System</name>
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        <name>Virginia College Building Authority</name>
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        <name>Curators of the University of Missouri (The)</name>
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        <name>Minneapolis-St Paul Metropolitan Airports Commission</name>
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        <name>City of San Antonio</name>
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        <name>Utah Transit Authority</name>
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      <invstOrSec>
        <name>City of Dallas Waterworks &amp; Sewer System</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Missouri Highway &amp; Transportation Commission</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>State of Illinois</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Scottsdale Municipal Property Corp.</name>
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          <isin value="US810489SH86"/>
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        <balance>2000000.00000000</balance>
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        <valUSD>2116865.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>School District of Broward County/FL</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Prince George's</name>
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        <balance>540000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-09-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Riverside Community College District</name>
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        <balance>2420000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-08-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>Long Island Power Authority</name>
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        <valUSD>1087319.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Florida</name>
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        <balance>4740000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
        <lei>N/A</lei>
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          <isin value="US13063DPF95"/>
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        <balance>400000.00000000</balance>
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        <valUSD>421607.04000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Idaho State Building Authority</name>
        <lei>549300XZ1VJYPPKQZU06</lei>
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          <isin value="US451446AC29"/>
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        <balance>3000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Virginia College Building Authority</name>
        <lei>N/A</lei>
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          <isin value="US92778VCT35"/>
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        <balance>515000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Hawaii</name>
        <lei>N/A</lei>
        <title>State of Hawaii, Series EO</title>
        <cusip>4197916H6</cusip>
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          <isin value="US4197916H69"/>
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        <balance>2550000.00000000</balance>
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        <valUSD>2553655.43000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Michigan Trunk Line</name>
        <lei>N/A</lei>
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        <balance>1500000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
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        <balance>420000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>427888.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <name>Massachusetts Clean Water Trust (The)</name>
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        <name>State of Connecticut Special Tax</name>
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        <name>City of Seattle</name>
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        <name>New York State Dormitory Authority</name>
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          <isin value="US542691GD61"/>
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        <curCd>USD</curCd>
        <valUSD>4362793.45000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
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          <isin value="US452153BA62"/>
          <other otherDesc="Inhouse Asset ID" value="452153BA6"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2008016.00000000</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>2025-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>State of Maine</name>
        <lei>N/A</lei>
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          <isin value="US56052AE444"/>
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        <balance>2935000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3166128.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Trinity River Authority Central Regional Wastewater System</name>
        <lei>N/A</lei>
        <title>Trinity River Authority Central Regional Wastewater System, Series 2017</title>
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        <identifiers>
          <isin value="US89658HVC14"/>
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        <balance>3370000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3559599.91000000</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>2028-08-01</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>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, Series 2016C</title>
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        <identifiers>
          <isin value="US45470RCX26"/>
          <other otherDesc="Inhouse Asset ID" value="45470RCX2"/>
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        <balance>5430000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5976395.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</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>
      <invstOrSec>
        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
        <title>Texas Water Development Board, Series 2017A</title>
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          <isin value="US882854ZU94"/>
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        <balance>725000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>746149.05000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Metropolitan Transportation Authority</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>Metropolitan Transportation Authority, Series 2017C-1</title>
        <cusip>59261APR2</cusip>
        <identifiers>
          <isin value="US59261APR22"/>
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        <balance>3530000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3593958.66000000</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>2025-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Public Power Generation Agency</name>
        <lei>N/A</lei>
        <title>Public Power Generation Agency, Series 2024A</title>
        <cusip>744434EY3</cusip>
        <identifiers>
          <isin value="US744434EY39"/>
          <other otherDesc="Inhouse Asset ID" value="744434EY3"/>
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        <balance>1365000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1424072.42000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
        <title>State of Ohio, Series 2021A</title>
        <cusip>677523BX9</cusip>
        <identifiers>
          <isin value="US677523BX94"/>
          <other otherDesc="Inhouse Asset ID" value="677523BX9"/>
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        <balance>1870000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1965909.50000000</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>2027-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>State of Utah</name>
        <lei>254900RWV9NSVUZONC07</lei>
        <title>State of Utah, Series 2020</title>
        <cusip>917542WL2</cusip>
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          <isin value="US917542WL25"/>
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        <balance>5090000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5270425.23000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Monmouth County Improvement Authority (The)</name>
        <lei>N/A</lei>
        <title>Monmouth County Improvement Authority (The), Series 2019B</title>
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          <isin value="US60956PVN94"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1500000.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Maine</name>
        <lei>N/A</lei>
        <title>State of Maine, Series 2019B</title>
        <cusip>56052AC20</cusip>
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          <isin value="US56052AC208"/>
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        <balance>2465000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2489030.79000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Metropolitan Transportation Authority</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>Metropolitan Transportation Authority, Series 2016D</title>
        <cusip>59261AJP3</cusip>
        <identifiers>
          <isin value="US59261AJP30"/>
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        <balance>1865000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1925235.96000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Montgomery</name>
        <lei>549300H278P9DGB7L217</lei>
        <title>County of Montgomery, Series 2022</title>
        <cusip>613580EJ4</cusip>
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          <isin value="US613580EJ45"/>
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        <balance>2260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2339754.50000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Southwest Higher Education Authority, Inc.</name>
        <lei>N/A</lei>
        <title>Southwest Higher Education Authority, Inc., Series 2016A</title>
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          <isin value="US845040KN35"/>
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        <balance>1470000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1524951.69000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority Future Tax Secured, Series 2023B-1</title>
        <cusip>64971XZ68</cusip>
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          <isin value="US64971XZ681"/>
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        <balance>1210000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1233695.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Maryland</name>
        <lei>N/A</lei>
        <title>State of Maryland, Series 2019-1</title>
        <cusip>574193RC4</cusip>
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          <isin value="US574193RC40"/>
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        <balance>245000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>257969.37000000</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>2027-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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        <name>Massachusetts School Building Authority</name>
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        <name>New York City Transitional Finance Authority</name>
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        <name>Tennessee State School Bond Authority</name>
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        <name>State of Minnesota</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>Austin Community College District Public Facility Corp.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Central Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
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        <name>State of California</name>
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          <isin value="US64966MAT62"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Metropolitan Transportation Authority</name>
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          <isin value="US59261AWZ64"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Port Authority of New York &amp; New Jersey</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Utility Debt Securitization Authority</name>
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          <isin value="US91802RET23"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Commonwealth of Massachusetts</name>
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          <isin value="US57582RHH21"/>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Educational Facilities Authority</name>
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          <isin value="US646067CB21"/>
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        <name>City of Charleston</name>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Pennsylvania Higher Educational Facilities Authority</name>
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        <name>Tri-County Metropolitan Transportation District of Oregon</name>
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        <name>State of Connecticut Special Tax</name>
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        <name>Texas A&amp;M University</name>
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        <name>State of Louisiana</name>
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        <name>City of Boston</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>Permanent University Fund - University of Texas System</name>
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        <name>New York City Transitional Finance Authority Building Aid</name>
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        <name>City of New York</name>
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        <name>Oklahoma Industries Authority</name>
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        <name>Foothill-De Anza Community College District</name>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>South Carolina Transportation Infrastructure Bank</name>
        <lei>549300YI1NMCP4VLJN43</lei>
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          <isin value="US837152VW40"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Intermountain Power Agency</name>
        <lei>N/A</lei>
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        <cusip>45884AZZ9</cusip>
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          <isin value="US45884AZZ91"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2158251.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dallas Area Rapid Transit</name>
        <lei>75YWM81F2R6UQGJIEW47</lei>
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        <cusip>235241RH1</cusip>
        <identifiers>
          <isin value="US235241RH11"/>
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        <balance>1340000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1367887.68000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Building Aid</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority Building Aid, Series 2018S-4A</title>
        <cusip>64972HF56</cusip>
        <identifiers>
          <isin value="US64972HF569"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>158786.43000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of New Mexico Severance Tax Permanent Fund</name>
        <lei>N/A</lei>
        <title>State of New Mexico Severance Tax Permanent Fund, Series 2015A</title>
        <cusip>647310U82</cusip>
        <identifiers>
          <isin value="US647310U825"/>
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        <balance>295000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>298510.47000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Permanent University Fund - University of Texas System</name>
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          <isin value="US9151156U89"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1010640.80000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Department of Transportation State Highway Fund</name>
        <lei>N/A</lei>
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          <isin value="US88283LJY39"/>
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        <balance>8920000.00000000</balance>
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        <valUSD>9281003.10000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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          <isin value="US66285WPE02"/>
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        <balance>260000.00000000</balance>
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        <valUSD>260279.79000000</valUSD>
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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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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Connecticut Clean Water Fund - State Revolving Fund</name>
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          <isin value="US20775YBW57"/>
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        <balance>10000.00000000</balance>
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        <valUSD>10047.68000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Cypress-Fairbanks Independent School District</name>
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        <balance>2480000.00000000</balance>
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        <valUSD>2489575.03000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>City of New York</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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          <isin value="US64966MPD55"/>
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        <balance>840000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Commonwealth of Pennsylvania</name>
        <lei>N/A</lei>
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        <cusip>70914PZR6</cusip>
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          <isin value="US70914PZR62"/>
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        <balance>1170000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Maryland</name>
        <lei>N/A</lei>
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          <isin value="US574193QP61"/>
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        <balance>3205000.00000000</balance>
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        <invCountry>US</invCountry>
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        <name>State of Illinois Sales Tax</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Great Lakes Water Authority Water Supply System</name>
        <lei>N/A</lei>
        <title>Great Lakes Water Authority Water Supply System, Series C</title>
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        <balance>640000.00000000</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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        <name>Empire State Development Corp.</name>
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        <name>County of Baltimore</name>
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        <name>State of Connecticut</name>
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        <name>Conroe Independent School District</name>
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        <name>Long Island Power Authority</name>
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      <invstOrSec>
        <name>Missouri Highway &amp; Transportation Commission</name>
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        <name>El Camino Community College District Fountation (The)</name>
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      <invstOrSec>
        <name>Massachusetts Clean Water Trust (The)</name>
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        <name>County of Fairfax</name>
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        <name>California State Public Works Board</name>
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        <name>Texas Water Development Board</name>
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        <name>Board of Regents of the University of Texas System</name>
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        <name>State of Illinois</name>
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        <name>North East Independent School District</name>
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        <name>State of Florida Department of Transportation Turnpike System</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Los Angeles Department of Water &amp; Power Water System</name>
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        <name>County of Montgomery</name>
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        <name>District of Columbia</name>
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        <name>State of California</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Kentucky Turnpike Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
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        <name>State of Wisconsin</name>
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          <isin value="US97705MGR07"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Philadelphia Gas Works Co.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Austin</name>
        <lei>N/A</lei>
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          <isin value="US0524762P22"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <isin value="US64990F5Y67"/>
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        <balance>2000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-15</maturityDt>
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        <name>Virginia Public Building Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of California</name>
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        <name>New York State Dormitory Authority</name>
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        <name>California State Public Works Board</name>
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        <name>Spring Independent School District</name>
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        <name>Cypress-Fairbanks Independent School District</name>
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        <name>New Jersey Economic Development Authority</name>
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        <name>State of Minnesota</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Missouri Highway &amp; Transportation Commission</name>
        <lei>N/A</lei>
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          <isin value="US60636WSU08"/>
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        <fairValLevel>2</fairValLevel>
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        <name>New York City Transitional Finance Authority</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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      <invstOrSec>
        <name>District of Columbia Income Tax</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>District of Columbia</name>
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          <isin value="US25476FUW66"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
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          <isin value="US13063DWL80"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>1044269.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <isin value="US64990FXV11"/>
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        <balance>7750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8344117.33000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Delaware</name>
        <lei>N/A</lei>
        <title>State of Delaware, Series 2018A</title>
        <cusip>246381MH7</cusip>
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          <isin value="US246381MH70"/>
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        <balance>4325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4338480.16000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Austin Independent School District</name>
        <lei>N/A</lei>
        <title>Austin Independent School District, Series 2021</title>
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          <isin value="US052430SG11"/>
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        <balance>1510000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Missouri Highway &amp; Transportation Commission</name>
        <lei>N/A</lei>
        <title>Missouri Highway &amp; Transportation Commission, Series 2022A</title>
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          <isin value="US60636WSX47"/>
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        <balance>15255000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Guilford</name>
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          <isin value="US401784G313"/>
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        <balance>70000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Montgomery</name>
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          <isin value="US61334PCS02"/>
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        <balance>305000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>City of New York</name>
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          <isin value="US64966MPC72"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2030-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Arizona Water Infrastructure Finance Authority</name>
        <lei>N/A</lei>
        <title>Arizona Water Infrastructure Finance Authority, Series 2024</title>
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          <isin value="US040688PC12"/>
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        <balance>3500000.00000000</balance>
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        <valUSD>3646115.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Fairfax</name>
        <lei>N/A</lei>
        <title>County of Fairfax, Series 2020A</title>
        <cusip>30382AJL7</cusip>
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          <isin value="US30382AJL70"/>
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        <balance>460000.00000000</balance>
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        <valUSD>500120.37000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Water Works Board of the City of Birmingham (The)</name>
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          <isin value="US091096LS41"/>
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        <name>New York State Environmental Facilities Corp.</name>
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        <name>City of New York</name>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>State of California</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New Jersey Economic Development Authority</name>
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          <isin value="US64577BK296"/>
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        <balance>1000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-06-15</maturityDt>
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      <invstOrSec>
        <name>City of Portland</name>
        <lei>N/A</lei>
        <title>City of Portland Water System, Series 2021B</title>
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          <isin value="US736754RH74"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Wisconsin</name>
        <lei>549300VTAT608CNZ5827</lei>
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          <isin value="US977100GN05"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Pennsylvania Turnpike Commission</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania Turnpike Commission, Series 2019-2</title>
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          <isin value="US709224M309"/>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.86000086</annualizedRt>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>State of California, Series C</title>
        <cusip>13063CYH7</cusip>
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          <isin value="US13063CYH77"/>
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        <valUSD>218075.36000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Lower Colorado River Authority</name>
        <lei>549300QJFPW2NNBYR215</lei>
        <title>Lower Colorado River Authority, Series 2024A</title>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2182710.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Long Beach Unified School District</name>
        <lei>N/A</lei>
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          <isin value="US542433XK80"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, Series 2017C</title>
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          <isin value="US45506DJ222"/>
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        <balance>195000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-01</maturityDt>
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        <name>City of Memphis</name>
        <lei>N/A</lei>
        <title>City of Memphis Electric System, Series 2014</title>
        <cusip>586158NQ6</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
        <lei>N/A</lei>
        <title>State of California, Series C</title>
        <cusip>13063DDR6</cusip>
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          <isin value="US13063DDR61"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>185846.50000000</valUSD>
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        <name>Imperial Irrigation District Electric System Revenue</name>
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        <title>Imperial Irrigation District Electric System, Series 2016B-2</title>
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          <isin value="US452650HN77"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-11-01</maturityDt>
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        <name>City &amp; County of Denver</name>
        <lei>MMTY7HA2MSCBUO4F7J71</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-08-01</maturityDt>
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        <name>Delaware Transportation Authority</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Oklahoma Turnpike Authority</name>
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        <name>Metropolitan Water District of Southern California</name>
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        <name>City &amp; County of Honolulu</name>
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        <name>Commonwealth of Pennsylvania</name>
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        <name>New York City Transitional Finance Authority</name>
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        <name>State of New Mexico Severance Tax Permanent Fund</name>
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        <name>District of Columbia</name>
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        <name>State of Florida</name>
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        <name>Missouri Joint Municipal Electric Utility Commission</name>
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        <name>District of Columbia Income Tax</name>
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        <name>Lewisville Independent School District</name>
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        <name>State of Connecticut Special Tax</name>
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        <name>Indiana Finance Authority</name>
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        <name>Dallas Independent School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Permanent University Fund - University of Texas System</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York State Dormitory Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>California State Public Works Board</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Indiana Finance Authority</name>
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        <name>Illinois State Toll Highway Authority</name>
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        <name>New York State Environmental Facilities Corp.</name>
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        <name>City of New York</name>
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        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>Virginia Public Building Authority</name>
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        <name>Delaware Transportation Authority</name>
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        <name>Missouri Highway &amp; Transportation Commission</name>
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        <name>University of California</name>
        <lei>N/A</lei>
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        <name>Board of Regents of the University of Texas System</name>
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      <invstOrSec>
        <name>Lower Colorado River Authority</name>
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        <name>State of Maryland Department of Transportation</name>
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        <name>State of Nevada</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Battery Park City Authority</name>
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      <invstOrSec>
        <name>Coast Community College District</name>
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        <name>State of Ohio</name>
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        <name>Massachusetts Clean Water Trust (The)</name>
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        <name>Austin Independent School District</name>
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        <name>City of Fort Worth</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>State of Washington</name>
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        <name>Dallas Area Rapid Transit</name>
        <lei>75YWM81F2R6UQGJIEW47</lei>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <name>Board of Regents of the University of Texas System</name>
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        <name>Intermountain Power Agency</name>
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        <name>Fort Worth Independent School District</name>
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        <name>University of Connecticut</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Virginia College Building Authority</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Washington Suburban Sanitary Commission</name>
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        <name>City of Houston Combined Utility System</name>
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        <fairValLevel>2</fairValLevel>
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        <name>University of California</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
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        <name>Indiana Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Conroe Independent School District</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>San Francisco City &amp; County Public Utilities Commission Wastewater</name>
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        <name>State of Tennessee</name>
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        <name>State of Hawaii State Highway Fund</name>
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        <name>Alabama Federal Aid Highway Finance Authority</name>
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        <name>State of Connecticut</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Colorado Springs</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York City Transitional Finance Authority Building Aid</name>
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        <name>City of Memphis</name>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Loudoun</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Port Authority of New York &amp; New Jersey</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Commonwealth of Massachusetts</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Texas Water Development Board</name>
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        <name>District of Columbia</name>
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        <name>State of Florida Department of Transportation Turnpike System</name>
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        <name>State of Washington</name>
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        <name>State of Wisconsin</name>
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        <name>Sales Tax Securitization Corp.</name>
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        <name>Energy Northwest</name>
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        <name>State of Ohio</name>
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        <name>City of New York</name>
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        <name>Empire State Development Corp.</name>
        <lei>54930039Y2EMGXN6LM88</lei>
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        <name>State of Wisconsin Environmental Improvement Fund</name>
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          <maturityDt>2027-03-01</maturityDt>
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        <fairValLevel>2</fairValLevel>
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        <name>San Diego Community College District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>State of Connecticut Special Tax</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Los Angeles Community College District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Texas Water Development Board</name>
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        <name>State of Delaware</name>
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        <name>County of Fairfax</name>
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        <name>State of Mississippi</name>
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        <name>State of Connecticut Special Tax</name>
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        <name>Texas A&amp;M University</name>
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        <name>Sales Tax Securitization Corp.</name>
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        <name>Board of Regents of the University of Texas System</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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        <name>Lamar Consolidated Independent School District</name>
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        <name>Arizona Transportation Board</name>
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        <name>State of Michigan</name>
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        <name>Virginia Public Building Authority</name>
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        <name>North Carolina Municipal Power Agency No. 1</name>
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        <name>Central Puget Sound Regional Transit Authority</name>
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        <name>Central Florida Expressway Authority</name>
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        <name>State of Maryland Department of Transportation</name>
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        <name>State of Minnesota</name>
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        <name>State of California</name>
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        <name>University of Delaware</name>
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      <invstOrSec>
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        <name>State of Louisiana</name>
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        <name>City of New York</name>
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          <maturityDt>2026-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Lewisville Independent School District</name>
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        <name>State of Texas</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Metropolitan Transportation Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Georgia State Road &amp; Tollway Authority</name>
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        <name>Illinois State Toll Highway Authority</name>
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          <maturityDt>2025-09-15</maturityDt>
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        <name>Municipal Electric Authority of Georgia</name>
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        <balance>470000.00000000</balance>
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        <name>City of Greenville</name>
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        <name>Metropolitan Council</name>
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        <name>Spring Independent School District</name>
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        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
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          <maturityDt>2025-03-15</maturityDt>
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        <name>State of Wisconsin</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>University of California</name>
        <lei>N/A</lei>
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          <isin value="US91412GVU65"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of California Department of Water Resources</name>
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          <isin value="US13067WQM72"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Building Aid</name>
        <lei>N/A</lei>
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          <isin value="US64972HZK12"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Chicago Midway International Airport</name>
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          <isin value="US167562SN83"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
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          <isin value="US452153DF32"/>
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        <balance>6630000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6782391.21000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Long Island Power Authority</name>
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          <isin value="US542691JA95"/>
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        <balance>700000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Springfield</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>North Texas Tollway Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>Commonwealth of Pennsylvania</name>
        <lei>N/A</lei>
        <title>Commonwealth of Pennsylvania, Series 2016</title>
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        <balance>5265000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Anne Arundel</name>
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        <balance>65000.00000000</balance>
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        <name>Louisville</name>
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        <name>City of Charleston</name>
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        <name>Washington Suburban Sanitary Commission</name>
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        <invCountry>US</invCountry>
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        <name>County of Fairfax</name>
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        <name>Massachusetts Bay Transportation Authority Sales Tax</name>
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        <name>State of Georgia</name>
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        <name>Port Authority of New York &amp; New Jersey</name>
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        <name>County of New Castle</name>
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        <name>Oklahoma Water Resources Board</name>
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        <name>State of Delaware</name>
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        <name>State of Connecticut Special Tax Revenue</name>
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        <name>New Jersey Economic Development Authority</name>
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        <name>Pasco County School Board</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>E-470 Public Highway Authority</name>
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        <name>Grant County Public Utility District No. 2 Priest Rapids Hydroelectric Project</name>
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        <name>Energy Northwest</name>
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        <name>Los Angeles Department of Water &amp; Power</name>
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        <name>Massachusetts School Building Authority</name>
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        <name>San Francisco Bay Area Rapid Transit District</name>
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        <name>Virginia Public Building Authority</name>
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        <name>City of Atlanta Water &amp; Wastewater Revenue</name>
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        <name>Louisville and Jefferson County Metropolitan Sewer District</name>
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        <name>State of California</name>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured</name>
        <lei>N/A</lei>
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          <isin value="US64971WB742"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Hudson Yards Infrastructure Corp.</name>
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          <isin value="US44420RAK68"/>
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        <balance>520000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of California Department of Water Resources</name>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>San Diego County Regional Transportation Commission</name>
        <lei>W4FR340A6EQ2SSI17B56</lei>
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          <isin value="US797400PH50"/>
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        <balance>555000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>601911.71000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>City of Charlotte</name>
        <lei>N/A</lei>
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        <cusip>161045MN6</cusip>
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          <isin value="US161045MN63"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1517933.25000000</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>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>State of California</title>
        <cusip>13063EDB9</cusip>
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          <isin value="US13063EDB92"/>
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        <balance>20575000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22723704.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Connecticut Special Tax</name>
        <lei>N/A</lei>
        <title>State of Connecticut Special Tax, Series 2018B</title>
        <cusip>207758XZ1</cusip>
        <identifiers>
          <isin value="US207758XZ15"/>
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        <balance>540000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>549023.67000000</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>2025-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Central Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>Central Texas Regional Mobility Authority, Series A</title>
        <cusip>155498DV7</cusip>
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          <isin value="US155498DV76"/>
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        <balance>13095000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13238887.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Wisconsin</name>
        <lei>549300VTAT608CNZ5827</lei>
        <title>State of Wisconsin, Series 2024-1</title>
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          <isin value="US97705MJ301"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4388291.60000000</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>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Metropolitan Water District of Southern California</name>
        <lei>5493003GD0S0P56RLT45</lei>
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        <cusip>59266TUE9</cusip>
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          <isin value="US59266TUE99"/>
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        <balance>1075000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1155592.11000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>State of California</title>
        <cusip>13063CR51</cusip>
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          <isin value="US13063CR516"/>
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        <balance>455000.00000000</balance>
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        <valUSD>473175.34000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>District of Columbia</name>
        <lei>549300HWFOZXPKGOX654</lei>
        <title>District of Columbia, Series 2019A</title>
        <cusip>25476FXE3</cusip>
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          <isin value="US25476FXE32"/>
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        <balance>3005000.00000000</balance>
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        <valUSD>3205837.67000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority, Series 2019B</title>
        <cusip>66285WZH2</cusip>
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          <isin value="US66285WZH23"/>
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        <balance>2410000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2462836.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Energy Northwest</name>
        <lei>N/A</lei>
        <title>Energy Northwest, Series 2021A</title>
        <cusip>29270C4E2</cusip>
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          <isin value="US29270C4E29"/>
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        <balance>715000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>740006.98000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City &amp; County of Denver</name>
        <lei>MMTY7HA2MSCBUO4F7J71</lei>
        <title>City &amp; County of Denver, Series 2019A</title>
        <cusip>249164PC2</cusip>
        <identifiers>
          <isin value="US249164PC20"/>
          <other otherDesc="Inhouse Asset ID" value="249164PC2"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1555111.20000000</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>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Maryland</name>
        <lei>N/A</lei>
        <title>State of Maryland, Series 2A</title>
        <cusip>574193RQ3</cusip>
        <identifiers>
          <isin value="US574193RQ36"/>
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        <name>California State Public Works Board</name>
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        <name>Louisville Water Co.</name>
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        <name>Massachusetts Clean Water Trust (The)</name>
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        <name>Johnson County Unified School District No. 512 Shawnee Mission</name>
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        <name>Washington Metropolitan Area Transit Authority</name>
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        <name>New York City Municipal Water Finance Authority</name>
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        <name>Virginia Public School Authority</name>
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        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Empire State Development Corp.</name>
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        <valUSD>1132617.42000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Georgia</name>
        <lei>N/A</lei>
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          <isin value="US3733846U52"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Texas</name>
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          <isin value="US882723N547"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Columbus</name>
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          <isin value="US199492YJ22"/>
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        <balance>930000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>957257.93000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Illinois State Toll Highway Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>State of North Carolina</name>
        <lei>N/A</lei>
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          <isin value="US658268EK95"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Educational Facilities Authority</name>
        <lei>549300UTOO4X537XXG70</lei>
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        <balance>2045000.00000000</balance>
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        <valUSD>2118494.03000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Delaware Transportation Authority</name>
        <lei>N/A</lei>
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          <isin value="US246419BN48"/>
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        <balance>4545000.00000000</balance>
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        <valUSD>4911245.19000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Transitional Finance Authority Building Aid</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority Building Aid, Series 2019S-2A</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-15</maturityDt>
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        <name>State of Kansas Department of Transportation</name>
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        <balance>5000000.00000000</balance>
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        <valUSD>5310161.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Minnesota Public Facilities Authority State Revolving Fund</name>
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          <isin value="US604115DT96"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Los Angeles Community College District</name>
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          <isin value="US54438CC678"/>
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        <balance>3660000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Hawaii</name>
        <lei>N/A</lei>
        <title>State of Hawaii, Series 2018FT</title>
        <cusip>419792WB8</cusip>
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          <isin value="US419792WB88"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Virginia College Building Authority</name>
        <lei>N/A</lei>
        <title>Virginia College Building Authority, Series 2022A</title>
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          <isin value="US92778VLN63"/>
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        <valUSD>6817801.45000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Texas State University System</name>
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        <cusip>88278PYJ7</cusip>
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          <isin value="US88278PYJ73"/>
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        <balance>2750000.00000000</balance>
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        <valUSD>2883857.08000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Portland Water System</name>
        <lei>N/A</lei>
        <title>City of Portland Water System, Series 2024A</title>
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        <balance>1950000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2141177.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Round Rock Independent School District</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Orange County Sanitation District</name>
        <lei>N/A</lei>
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        <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>State of Louisiana</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-01</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>
        <name>State of California</name>
        <lei>N/A</lei>
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        <balance>2565000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2657308.19000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</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>County of Shelby</name>
        <lei>5493000UVZ1EF2SIPO10</lei>
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          <isin value="US821686Q709"/>
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        <balance>565000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>568684.65000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>State of California</title>
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          <isin value="US13063DB807"/>
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        <balance>6505000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7095761.98000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</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>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority, Series 2016</title>
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          <isin value="US45204EKC11"/>
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        <balance>1255000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1282471.45000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</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>State of Maryland</name>
        <lei>N/A</lei>
        <title>State of Maryland, Series 2020A-2</title>
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          <isin value="US574193SZ26"/>
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        <balance>1485000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1540711.85000000</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>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Delaware Transportation Authority</name>
        <lei>N/A</lei>
        <title>Delaware Transportation Authority, Series 2020</title>
        <cusip>246428J72</cusip>
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          <isin value="US246428J724"/>
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        <balance>2495000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2585798.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>University of California</name>
        <lei>N/A</lei>
        <title>University of California, Series 2024BS</title>
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          <isin value="US91412HQG10"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3266543.10000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority, Series 2017</title>
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          <isin value="US45204EXT09"/>
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        <balance>290000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Nevada Highway Improvement</name>
        <lei>N/A</lei>
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          <isin value="US641480HW13"/>
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        <balance>3830000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Connecticut</name>
        <lei>N/A</lei>
        <title>State of Connecticut, Series 2019A</title>
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          <isin value="US20772KFS33"/>
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        <name>County of Fairfax</name>
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          <maturityDt>2026-10-01</maturityDt>
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        <name>Los Angeles Department of Water &amp; Power</name>
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        <balance>2605000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>San Jose Unified School District</name>
        <lei>N/A</lei>
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          <isin value="US798186VL39"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>State of Louisiana Gasoline &amp; Fuels Tax Revenue</name>
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        <title>State of Louisiana Gasoline &amp; Fuels Tax, Series 2024A</title>
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          <isin value="US546475WA83"/>
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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>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Southwestern Community College District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Dallas Area Rapid Transit</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>State of Washington</name>
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          <maturityDt>2029-07-01</maturityDt>
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        <name>State of Oregon</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of New York</name>
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        <name>State of Wisconsin</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lamar Consolidated Independent School District</name>
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        <name>Trinity River Authority Central Regional Wastewater System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Connecticut</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Seattle</name>
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        <name>New York State Dormitory Authority</name>
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        <name>State of Louisiana</name>
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        <name>City of New York</name>
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        <name>State of Texas</name>
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        <name>Battery Park City Authority</name>
        <lei>549300RF3SFDOWRHVM56</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Oklahoma Capitol Improvement Authority</name>
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        <name>University of Michigan</name>
        <lei>N/A</lei>
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        <name>University of Connecticut</name>
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        <name>City of Phoenix Civic Improvement Corp.</name>
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        <name>State of Minnesota</name>
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        <name>Indiana Finance Authority</name>
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        <name>Washington Metropolitan Area Transit Authority</name>
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        <name>Central Florida Expressway Authority</name>
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        <name>Regional Transportation District</name>
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        <name>Metropolitan Water District of Southern California</name>
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      <invstOrSec>
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        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>State of Florida Department of Transportation Turnpike System</name>
        <lei>N/A</lei>
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          <isin value="US343137LQ64"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Port Authority of New York &amp; New Jersey</name>
        <lei>54930006MR4KZ4W74Z83</lei>
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          <isin value="US73358WM359"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>State of California</title>
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          <isin value="US13063DHJ00"/>
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        <balance>680000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>690024.29000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>State of California</title>
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          <isin value="US13063DWN47"/>
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        <balance>4840000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Prince George's</name>
        <lei>549300NSQ1W50I0VU811</lei>
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          <isin value="US7417013Z76"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>177233.37000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Austin</name>
        <lei>IW10PQVTU7HKS3JMW253</lei>
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          <isin value="US052397AL07"/>
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        <balance>2300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2333312.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Energy Northwest</name>
        <lei>N/A</lei>
        <title>Energy Northwest, Series 2015A</title>
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          <isin value="US29270CK464"/>
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        <balance>9360000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9469758.17000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Port Authority of New York &amp; New Jersey</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>Port Authority of New York &amp; New Jersey, Series 245</title>
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          <isin value="US73358XMH25"/>
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        <balance>5805000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5897449.27000000</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>2025-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Washington Suburban Sanitary Commission</name>
        <lei>549300EZUWNTQF827C24</lei>
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          <isin value="US940158AD02"/>
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        <balance>1515000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1530294.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Houston</name>
        <lei>N/A</lei>
        <title>City of Houston Airport System, Series 2018D</title>
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        <balance>875000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Prince George's</name>
        <lei>549300NSQ1W50I0VU811</lei>
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          <isin value="US7417016D38"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
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        <balance>1565000.00000000</balance>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Gwinnett County School District</name>
        <lei>N/A</lei>
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          <isin value="US403755Y546"/>
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        <balance>890000.00000000</balance>
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        <invCountry>US</invCountry>
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        <name>Texas A&amp;M University</name>
        <lei>N/A</lei>
        <title>Texas A&amp;M University, Series 2016E</title>
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          <isin value="US88213AGS87"/>
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        <invCountry>US</invCountry>
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        <name>Oklahoma Turnpike Authority</name>
        <lei>549300J83EP2PBDYH615</lei>
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          <isin value="US679111YZ16"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Clark County School District</name>
        <lei>N/A</lei>
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          <isin value="US181059TE68"/>
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        <balance>3000000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>University of Minnesota</name>
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        <name>California State University</name>
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        <name>New York City Transitional Finance Authority</name>
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        <name>Douglas County School District No. 17</name>
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        <name>City &amp; County of Honolulu</name>
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        <name>New York City Transitional Finance Authority</name>
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        <name>State of California</name>
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        <name>Massachusetts Water Resources Authority</name>
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        <name>Los Angeles Department of Water &amp; Power Water System</name>
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        <name>City of Columbus</name>
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        <name>Permanent University Fund - Texas A&amp;M University System</name>
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        <name>JEA Water &amp; Sewer System</name>
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        <name>New York City Transitional Finance Authority Building Aid</name>
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        <name>State of Kansas Department of Transportation</name>
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        <name>Massachusetts School Building Authority</name>
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        <name>San Francisco City &amp; County Public Utilities Commission Wastewater</name>
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      <invstOrSec>
        <name>Texas Department of Transportation State Highway Fund</name>
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        <name>Denton Independent School District</name>
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        <name>Board of Regents of the University of Texas System</name>
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        <name>Alabama Federal Aid Highway Finance Authority</name>
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        <name>Ohio Turnpike &amp; Infrastructure Commission</name>
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        <name>Cypress-Fairbanks Independent School District</name>
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        <name>Round Rock Independent School District</name>
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        <name>District of Columbia Water &amp; Sewer Authority</name>
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        <name>Los Angeles Unified School District</name>
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        <name>State of Connecticut Special Tax Revenue</name>
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        <name>City of San Francisco</name>
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        <name>State of Tennessee</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Alabama Public School and College Authority</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Connecticut</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-04-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tennessee State School Bond Authority</name>
        <lei>N/A</lei>
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          <isin value="US880558HK00"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Del Valle Independent School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of North Carolina</name>
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        <balance>535000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>Metropolitan Transportation Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts State College Building Authority</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>Empire State Development Corp.</name>
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        <name>Board of Regents of the University of Texas System</name>
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        <name>State of Washington</name>
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        <name>State of Kansas Department of Transportation</name>
        <lei>5493001635XK841MIO47</lei>
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          <maturityDt>2026-09-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Environmental Facilities Corp.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Central Puget Sound Regional Transit Authority</name>
        <lei>N/A</lei>
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          <isin value="US15504RGB96"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Clark County Public Utility District No. 1 Electric Revenue</name>
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          <isin value="US181108E563"/>
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        <balance>915000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Maryland</name>
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          <isin value="US574193TX68"/>
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        <balance>11800000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Commonwealth of Pennsylvania</name>
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          <isin value="US70914PJ949"/>
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        <balance>2875000.00000000</balance>
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        <valUSD>2940713.30000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>County of King</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Denver City &amp; County School District No. 1</name>
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          <isin value="US249174UH42"/>
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        <balance>335000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dallas Fort Worth International Airport</name>
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        <balance>1745000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Michigan Finance Authority</name>
        <lei>54930022O46HOX5J1D14</lei>
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          <isin value="US59447TNX71"/>
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        <balance>10225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10619380.30000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of Hawaii</name>
        <lei>N/A</lei>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Philadelphia</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
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        <invCountry>US</invCountry>
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        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
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        <balance>3710000.00000000</balance>
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        <valUSD>4057550.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Utility Debt Securitization Authority</name>
        <lei>N/A</lei>
        <title>Utility Debt Securitization Authority, Series 2023TE-1</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Iowa Finance Authority</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>Iowa Finance Authority, Series 2017</title>
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          <isin value="US46246K4B57"/>
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        <balance>350000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Texas</name>
        <lei>549300X9CH74QB747L76</lei>
        <title>State of Texas, Series A</title>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4070152.00000000</valUSD>
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        <name>City of Alexandria</name>
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        <name>New York State Thruway Authority</name>
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        <name>State of Ohio</name>
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        <name>Austin Independent School District</name>
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        <name>Georgia Ports Authority</name>
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        <name>New York City Transitional Finance Authority</name>
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        <name>North Carolina Capital Facilities Finance Agency</name>
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      <invstOrSec>
        <name>California State University</name>
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        <name>Michigan State University</name>
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        <name>State of California</name>
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        <name>State of Florida</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Port Authority of New York &amp; New Jersey</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Metropolitan Council</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Connecticut</name>
        <lei>N/A</lei>
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        <name>Washington Suburban Sanitary Commission</name>
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        <name>Central Puget Sound Regional Transit Authority</name>
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        <name>Las Vegas Valley Water District</name>
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        <name>San Francisco City &amp; County Public Utilities Commission Wastewater</name>
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        <name>City of Seattle</name>
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        <name>State of Connecticut Special Tax</name>
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        <name>San Diego Community College District</name>
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        <name>University of California</name>
        <lei>N/A</lei>
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        <name>City of New York</name>
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        <name>New Jersey Economic Development Authority</name>
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        <name>Board of Regents of the University of Texas System</name>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Prince George's MD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Wisconsin</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Washington</name>
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        <name>District of Columbia</name>
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        <name>Energy Northwest</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>State of West Virginia</name>
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        <name>State of Maine</name>
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        <name>University of California</name>
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        <name>University of Connecticut</name>
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        <name>California State University</name>
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        <name>State of Mississippi</name>
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        <name>Portland Community College District</name>
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        <name>Great Lakes Water Authority Sewage Disposal System Revenue</name>
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        <name>Maryland State Transportation Authority</name>
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        <name>Massachusetts Water Resources Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>County of Harris</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Port Authority of New York &amp; New Jersey</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Educational Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Virginia Commonwealth Transportation Board</name>
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        <balance>365000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Public Power Generation Agency</name>
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          <isin value="US744434FA44"/>
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        <balance>1190000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City &amp; County of Denver</name>
        <lei>N/A</lei>
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          <isin value="US249182TT33"/>
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        <balance>2950000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Virginia Public School Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>State of North Carolina</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Houston</name>
        <lei>549300C64URYS0WQQY42</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>San Antonio Water System</name>
        <lei>549300S7VENCVRZAA322</lei>
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        <name>State of Connecticut</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Port of Seattle</name>
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        <name>State of California</name>
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        <invCountry>US</invCountry>
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        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Alabama Federal Aid Highway Finance Authority</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>1321071.75000000</valUSD>
        <pctVal>0.015175988720</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-01</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>County of Monmouth</name>
        <lei>N/A</lei>
        <title>County of Monmouth, Series 2021B</title>
        <cusip>609561LN3</cusip>
        <identifiers>
          <isin value="US609561LN33"/>
          <other otherDesc="Inhouse Asset ID" value="609561LN3"/>
        </identifiers>
        <balance>4000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4097644.00000000</valUSD>
        <pctVal>0.047072234437</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Municipal Electric Authority of Georgia</name>
        <lei>JA0WNILDDF2KUPS83B16</lei>
        <title>Municipal Electric Authority of Georgia, Series 2024A</title>
        <cusip>62620HJH6</cusip>
        <identifiers>
          <isin value="US62620HJH66"/>
          <other otherDesc="Inhouse Asset ID" value="62620HJH6"/>
        </identifiers>
        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>657399.84000000</valUSD>
        <pctVal>0.007551968738</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</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>Board of Regents of the University of Texas System</name>
        <lei>TEHUYFNKZR6XVWLGEU86</lei>
        <title>Board of Regents of the University of Texas System, Series 2021A</title>
        <cusip>91514AKE4</cusip>
        <identifiers>
          <isin value="US91514AKE46"/>
          <other otherDesc="Inhouse Asset ID" value="91514AKE4"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>106065.30000000</valUSD>
        <pctVal>0.001218439343</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>City &amp; County of Honolulu</name>
        <lei>N/A</lei>
        <title>City &amp; County of Honolulu, Series 2020C</title>
        <cusip>438687NB7</cusip>
        <identifiers>
          <isin value="US438687NB79"/>
          <other otherDesc="Inhouse Asset ID" value="438687NB7"/>
        </identifiers>
        <balance>850000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>867374.26000000</valUSD>
        <pctVal>0.009964078019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</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>Los Angeles Department of Water &amp; Power</name>
        <lei>549300S8NXV6YU61GG95</lei>
        <title>Los Angeles Department of Water &amp; Power, Series 2020A</title>
        <cusip>544532AT1</cusip>
        <identifiers>
          <isin value="US544532AT19"/>
          <other otherDesc="Inhouse Asset ID" value="544532AT1"/>
        </identifiers>
        <balance>205000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>212859.00000000</valUSD>
        <pctVal>0.002445246280</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>City of Philadelphia PA Water &amp; Wastewater Revenue</name>
        <lei>N/A</lei>
        <title>City of Philadelphia Water &amp; Wastewater, Series 2024C</title>
        <cusip>7178933E9</cusip>
        <identifiers>
          <isin value="US7178933E92"/>
          <other otherDesc="Inhouse Asset ID" value="7178933E9"/>
        </identifiers>
        <balance>10355000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11350593.90000000</valUSD>
        <pctVal>0.130391468138</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</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>County of Frederick</name>
        <lei>N/A</lei>
        <title>County of Frederick, Series 2021A</title>
        <cusip>35569PFV0</cusip>
        <identifiers>
          <isin value="US35569PFV04"/>
          <other otherDesc="Inhouse Asset ID" value="35569PFV0"/>
        </identifiers>
        <balance>5395000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5489617.51000000</valUSD>
        <pctVal>0.063062716625</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-01</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>State of North Carolina</name>
        <lei>N/A</lei>
        <title>State of North Carolina, Series 2013B</title>
        <cusip>658256M25</cusip>
        <identifiers>
          <isin value="US658256M252"/>
          <other otherDesc="Inhouse Asset ID" value="658256M25"/>
        </identifiers>
        <balance>1350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1364029.74000000</valUSD>
        <pctVal>0.015669474386</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-01</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>City of New York</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>City of New York, Series 2022B-1</title>
        <cusip>64966QYJ3</cusip>
        <identifiers>
          <isin value="US64966QYJ39"/>
          <other otherDesc="Inhouse Asset ID" value="64966QYJ3"/>
        </identifiers>
        <balance>145000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>150437.24000000</valUSD>
        <pctVal>0.001728167949</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</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>Grant County Public Utility District No. 2 Priest Rapids Hydroelectric Project</name>
        <lei>N/A</lei>
        <title>Grant County Public Utility District No. 2 Priest Rapids Hydroelectric Project, Series 2024B</title>
        <cusip>387883B59</cusip>
        <identifiers>
          <isin value="US387883B593"/>
          <other otherDesc="Inhouse Asset ID" value="387883B59"/>
        </identifiers>
        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2093210.00000000</valUSD>
        <pctVal>0.024046030315</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</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="Monthly returns presented in B.5.a have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2024-11-30</ncom:dateSigned>
      <ncom:nameOfApplicant>iShares Trust</ncom:nameOfApplicant>
      <ncom:signature>Chuck Pulsfort</ncom:signature>
      <ncom:signerName>Chuck Pulsfort</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
