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        <fairValLevel>2</fairValLevel>
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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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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Triborough Bridge &amp; Tunnel Authority</name>
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          <isin value="US89602RLG82"/>
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        <curCd>USD</curCd>
        <valUSD>5750000.00000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.15000096</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Maryland</name>
        <lei>N/A</lei>
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          <isin value="US574193VN58"/>
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        <balance>8965000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10212313.00000000</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>2036-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Northampton County General Purpose Authority</name>
        <lei>N/A</lei>
        <title>Northampton County General Purpose Authority, Series 2024A</title>
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          <isin value="US663507DH19"/>
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        <balance>5165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6070707.03000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Los Angeles Unified School District</name>
        <lei>N/A</lei>
        <title>Los Angeles Unified School District, Series 2020C</title>
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          <isin value="US544647DN71"/>
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        <balance>4500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4562320.50000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>El Camino Community College District Fountation (The)</name>
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        <title>El Camino Community College District Fountation (The), Series 2012C</title>
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          <isin value="US282726DW55"/>
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        <balance>12415000.00000000</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>
        <debtSec>
          <maturityDt>2034-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>State of Maryland</name>
        <lei>N/A</lei>
        <title>State of Maryland, Series 2020-2B</title>
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        <balance>9060000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9621298.71000000</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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      <invstOrSec>
        <name>Illinois State Toll Highway Authority</name>
        <lei>549300ISBFGI8MJJKM98</lei>
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          <isin value="US452252PY92"/>
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        <balance>20185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20091052.95000000</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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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>South Carolina Public Service Authority</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
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        <valUSD>1400361.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Northwest Independent School District</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
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        <cusip>64972GXF6</cusip>
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          <isin value="US64972GXF61"/>
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        <valUSD>8958335.24000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of New York</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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        <cusip>64966QY87</cusip>
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          <isin value="US64966QY878"/>
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        <balance>7500000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of New York</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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        <balance>5030000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5706398.69000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Los Angeles Department of Water &amp; Power</name>
        <lei>549300S8NXV6YU61GG95</lei>
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        <balance>3275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3730359.60000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Metropolitan Transportation Authority</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>Metropolitan Transportation Authority, Series 2015E-3</title>
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        <balance>5900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5900000.00000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.20000022</annualizedRt>
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      <invstOrSec>
        <name>Commonwealth of Pennsylvania</name>
        <lei>N/A</lei>
        <title>Commonwealth of Pennsylvania, Series 1</title>
        <cusip>70914PVY5</cusip>
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        <name>Indiana Finance Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>California State Public Works Board</name>
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        <name>Commonwealth of Massachusetts</name>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>San Diego County Regional Airport Authority</name>
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        <name>San Francisco City &amp; County Public Utilities Commission Wastewater</name>
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        <name>Los Angeles Department of Water &amp; Power Water System</name>
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        <name>State of Maryland</name>
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        <name>San Francisco Bay Area Rapid Transit District</name>
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        <name>City of Phoenix Civic Improvement Corp.</name>
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        <name>Riverside County Transportation Commission</name>
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        <name>District of Columbia</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>Washington Metropolitan Area Transit Authority</name>
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        <name>Intermountain Power Agency</name>
        <lei>N/A</lei>
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        <name>Sales Tax Securitization Corp.</name>
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        <name>Regional Transportation District Sales Tax</name>
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      <invstOrSec>
        <name>JEA Electric System Revenue</name>
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          <isin value="US46613SSN17"/>
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        <fairValLevel>2</fairValLevel>
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        <name>New York State Environmental Facilities Corp.</name>
        <lei>549300QJ33JJW73OQO60</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-09-15</maturityDt>
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        <name>South Carolina Public Service Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-12-01</maturityDt>
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        <name>City of Los Angeles</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
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          <isin value="US13063DCG16"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-11-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>County of Miami-Dade</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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          <isin value="US79574CFR97"/>
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        <balance>15040000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-01-01</maturityDt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Pasco County School Board</name>
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        <balance>9550000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <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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        <name>Georgia Ports Authority</name>
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          <isin value="US373586HE91"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2031-07-01</maturityDt>
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        <name>Virginia College Building Authority</name>
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        <name>North Texas Tollway Authority</name>
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        <name>State of California</name>
        <lei>N/A</lei>
        <title>State of California</title>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Board of Regents of the University of Texas System</name>
        <lei>TEHUYFNKZR6XVWLGEU86</lei>
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          <isin value="US91514ALH67"/>
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        <balance>4720000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>Empire State Development Corp.</name>
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        <name>San Francisco Bay Area Rapid Transit District</name>
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        <name>Los Angeles Department of Water &amp; Power</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Empire State Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Michigan State Building Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Washington &amp; Multnomah Counties School District No. 48J Beaverton</name>
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        <fairValLevel>2</fairValLevel>
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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>Alameda Corridor Transportation Authority</name>
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        <name>State of Illinois</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>San Diego Community College District</name>
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        <name>City of Houston TX Combined Utility System Revenue</name>
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        <name>State of Maryland Department of Transportation</name>
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        <name>University of California</name>
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        <name>Philadelphia Gas Works Co.</name>
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        <name>Illinois Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Water Resources Authority</name>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Minneapolis-St Paul Metropolitan Airports Commission</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <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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      <invstOrSec>
        <name>New York State Environmental Facilities Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Connecticut</name>
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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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        <name>Multnomah County School District No. 1 Portland</name>
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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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        <name>City of Pflugerville TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>County of King</name>
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        <name>North Texas Municipal Water District Water System</name>
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        <name>Intermountain Power Agency</name>
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        <name>County of DeKalb</name>
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        <name>City of Corpus Christi</name>
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        <name>Los Angeles Department of Water &amp; Power Water System</name>
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        <invCountry>US</invCountry>
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        <name>District of Columbia</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>District of Columbia Income Tax</name>
        <lei>N/A</lei>
        <title>District of Columbia Income Tax, Series 2024A</title>
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        <name>San Diego County Regional Airport Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Grand River Dam Authority</name>
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        <name>MTA Hudson Rail Yards Trust Obligations</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-11-15</maturityDt>
          <couponKind>None</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Union</name>
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        <valUSD>7044204.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-09-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
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          <isin value="US13063DQZ41"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-10-01</maturityDt>
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          <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>
        <title>New York State Dormitory Authority, Series 2021E</title>
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          <isin value="US64990FM504"/>
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        <balance>27350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22315059.19000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-03-15</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>District of Columbia</name>
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          <isin value="US25476FB497"/>
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        <balance>4000000.00000000</balance>
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        <valUSD>4477863.20000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
        <lei>N/A</lei>
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          <isin value="US67766WK843"/>
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        <balance>5870000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6615240.53000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Utah</name>
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          <isin value="US917542WZ11"/>
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        <valUSD>6082561.74000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-01</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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          <isin value="US20772KPR40"/>
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        <balance>5205000.00000000</balance>
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        <valUSD>5490027.88000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <isin value="US64990KDQ31"/>
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        <balance>5000000.00000000</balance>
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        <valUSD>5028019.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>City of San Antonio Electric &amp; Gas Systems</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>California State Public Works Board</name>
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          <isin value="US13068XLF41"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>State of California</name>
        <lei>N/A</lei>
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          <maturityDt>2036-12-01</maturityDt>
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        <name>County of Adams</name>
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          <maturityDt>2045-12-01</maturityDt>
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        <name>State of New Hampshire</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-12-01</maturityDt>
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        <name>Texas Water Development Board</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-08-01</maturityDt>
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      <invstOrSec>
        <name>Illinois State Toll Highway Authority</name>
        <lei>549300ISBFGI8MJJKM98</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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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>64990FPX6</cusip>
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        <name>District of Columbia Income Tax</name>
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        <name>New York Convention Center Development Corp.</name>
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        <name>Utility Debt Securitization Authority</name>
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        <name>State of Washington</name>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Los Angeles Unified School District</name>
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        <name>Ohio Turnpike &amp; Infrastructure Commission</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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        <name>City of New York</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-11-15</maturityDt>
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      <invstOrSec>
        <name>San Joaquin Hills Transportation Corridor Agency</name>
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          <isin value="US798111GG92"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Phoenix Civic Improvement Corp.</name>
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          <isin value="US71883RPN79"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Municipal Water Finance Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-06-15</maturityDt>
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        <name>State of California</name>
        <lei>N/A</lei>
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          <isin value="US13063C5D83"/>
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        <balance>5000000.00000000</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>2046-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chaffey Joint Union High School District</name>
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        <title>Chaffey Joint Union High School District, Series B</title>
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          <isin value="US157411QK82"/>
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        <balance>2000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-08-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of Wisconsin</name>
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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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        <name>California State Public Works Board</name>
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        <name>North Carolina Turnpike Authority</name>
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        <name>Maryland State Transportation Authority</name>
        <lei>254900MKNK0MO0Z4X426</lei>
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      <invstOrSec>
        <name>California State Public Works Board</name>
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          <isin value="US13068XHX03"/>
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      <invstOrSec>
        <name>Central Florida Expressway Authority</name>
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        <name>New York State Thruway Authority</name>
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        <name>Georgetown Independent School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of New Orleans</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Texas</name>
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        <name>New York State Dormitory Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Los Angeles Department of Water &amp; Power</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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        <name>Los Angeles Unified School District</name>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <name>New York State Dormitory Authority</name>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
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        <name>Massachusetts Clean Water Trust (The)</name>
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        <balance>600000.00000000</balance>
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        <name>Judson Independent School District</name>
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        <name>County of Miami-Dade</name>
        <lei>N/A</lei>
        <title>County of Miami-Dade Transit System, Series 2019</title>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-07-01</maturityDt>
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      <invstOrSec>
        <name>City of New York</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>City of New York, Series 2022A-1</title>
        <cusip>64966QXR6</cusip>
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      </invstOrSec>
      <invstOrSec>
        <name>Energy Northwest</name>
        <lei>N/A</lei>
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        <cusip>29270CR31</cusip>
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          <isin value="US29270CR311"/>
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        <balance>1615000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1666217.79000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Allan Hancock Joint Community College District</name>
        <lei>N/A</lei>
        <title>Allan Hancock Joint Community College District, Series 2012C</title>
        <cusip>016730DB6</cusip>
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          <isin value="US016730DB64"/>
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        <balance>6000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4509287.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Long Island Power Authority</name>
        <lei>1R46U5SYJ63KQXF39168</lei>
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        <cusip>542691HT0</cusip>
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          <isin value="US542691HT05"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3508321.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Orlando Utilities Commission</name>
        <lei>549300EJR7JVMRXL5D66</lei>
        <title>Orlando Utilities Commission, Series 2024B</title>
        <cusip>686507MG6</cusip>
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          <isin value="US686507MG69"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2306716.20000000</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>2038-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Los Angeles Unified School District</name>
        <lei>N/A</lei>
        <title>Los Angeles Unified School District, Series 2016A</title>
        <cusip>5446463U4</cusip>
        <identifiers>
          <isin value="US5446463U44"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1003584.70000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>South Carolina Public Service Authority</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
        <title>South Carolina Public Service Authority, Series 2022A</title>
        <cusip>837151ZY8</cusip>
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          <isin value="US837151ZY86"/>
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        <balance>7000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6913589.20000000</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>2047-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Houston</name>
        <lei>N/A</lei>
        <title>City of Houston Combined Utility System, Series 2020A</title>
        <cusip>44244CWK9</cusip>
        <identifiers>
          <isin value="US44244CWK97"/>
          <other otherDesc="Inhouse Asset ID" value="44244CWK9"/>
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        <balance>9835000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10924473.11000000</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>2033-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California State University</name>
        <lei>N/A</lei>
        <title>California State University, Series 2017A</title>
        <cusip>13077DAQ5</cusip>
        <identifiers>
          <isin value="US13077DAQ51"/>
          <other otherDesc="Inhouse Asset ID" value="13077DAQ5"/>
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        <balance>1545000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1631200.49000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey Transportation Trust Fund Authority, Series 2018A</title>
        <cusip>6461363Y5</cusip>
        <identifiers>
          <isin value="US6461363Y56"/>
          <other otherDesc="Inhouse Asset ID" value="6461363Y5"/>
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        <balance>10230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10865317.78000000</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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Philadelphia</name>
        <lei>549300IVFOPB4AG7UL47</lei>
        <title>City of Philadelphia, Series 2019B</title>
        <cusip>717813XJ3</cusip>
        <identifiers>
          <isin value="US717813XJ32"/>
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        <balance>2025000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2188198.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-01</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>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
        <title>State of Ohio, Series 2017C</title>
        <cusip>677522UW2</cusip>
        <identifiers>
          <isin value="US677522UW28"/>
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        <balance>1460000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1549204.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>State of California</title>
        <cusip>13063D4G0</cusip>
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          <isin value="US13063D4G06"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5633633.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Michigan</name>
        <lei>N/A</lei>
        <title>State of Michigan, Series 2016</title>
        <cusip>594612DG5</cusip>
        <identifiers>
          <isin value="US594612DG50"/>
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        <balance>2265000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2276693.97000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority, Series 2016A</title>
        <cusip>66285WSR8</cusip>
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          <isin value="US66285WSR87"/>
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        <balance>8170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8294919.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of New York</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>City of New York, Series 2023-1</title>
        <cusip>64966Q3Q1</cusip>
        <identifiers>
          <isin value="US64966Q3Q17"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5812423.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Georgia</name>
        <lei>N/A</lei>
        <title>State of Georgia, Series 2022A</title>
        <cusip>373385KE2</cusip>
        <identifiers>
          <isin value="US373385KE24"/>
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        <balance>2200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2511392.62000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Hawaii</name>
        <lei>N/A</lei>
        <title>State of Hawaii, Series FK</title>
        <cusip>419792RC2</cusip>
        <identifiers>
          <isin value="US419792RC27"/>
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        <balance>1400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1443880.06000000</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>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>City of Houston</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>State of Georgia</name>
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      <invstOrSec>
        <name>New Jersey Educational Facilities Authority</name>
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        <name>University of California</name>
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        <name>City of New York</name>
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        <name>New York State Thruway Authority</name>
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        <name>Empire State Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Maryland</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Illinois State Toll Highway Authority</name>
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        <name>New Jersey Educational Facilities Authority</name>
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        <name>City of Los Angeles Department of Airports</name>
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        <name>Alamo Community College District</name>
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        <name>City of Memphis</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>East Bay Municipal Utility District Water System</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Economic Development Authority</name>
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      <invstOrSec>
        <name>Mount Diablo Unified School District</name>
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        <name>State of Wisconsin</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Empire State Development Corp.</name>
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        <name>State of California</name>
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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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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Alabama Public School and College Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Columbus</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Oregon</name>
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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>
        <lei>549300Q2EHQ6RJPQKP05</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Prince George's</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Michigan State University</name>
        <lei>N/A</lei>
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        <name>State of Michigan</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Energy Northwest</name>
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        <name>County of Cook</name>
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        <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>2035-03-15</maturityDt>
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          <annualizedRt>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>City of Dallas</name>
        <lei>N/A</lei>
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        <name>Alabama Public School and College Authority</name>
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        <name>Municipal Improvement Corp. of Los Angeles</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>El Camino Community College District Fountation (The)</name>
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        <name>Chicago Transit Authority Capital Grant Receipts</name>
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        <name>Virginia College Building Authority</name>
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        <name>Triborough Bridge &amp; Tunnel Authority Sales Tax</name>
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          <isin value="US896035CE02"/>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Building Aid</name>
        <lei>N/A</lei>
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        <name>North Texas Tollway Authority</name>
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        <name>Virginia Commonwealth Transportation Board</name>
        <lei>N/A</lei>
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          <isin value="US927793P948"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>San Diego Public Facilities Financing Authority</name>
        <lei>N/A</lei>
        <title>San Diego Public Facilities Financing Authority, Series 2016A</title>
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          <isin value="US79730AJN90"/>
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        <fairValLevel>2</fairValLevel>
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        <name>New York State Dormitory Authority</name>
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      <invstOrSec>
        <name>Los Angeles Department of Water &amp; Power Water System</name>
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          <isin value="US544525VD78"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Los Angeles Department of Water &amp; Power Water System</name>
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        <name>Hudson Yards Infrastructure Corp.</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>Katy Independent School District</name>
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        <name>City of San Antonio</name>
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        <name>State of Washington</name>
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      <invstOrSec>
        <name>City of New York</name>
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      <invstOrSec>
        <name>Utility Debt Securitization Authority</name>
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        <name>Los Angeles Community College District</name>
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        <name>Commonwealth of Pennsylvania</name>
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        <name>Empire State Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>San Antonio Water System</name>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured</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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        <fairValLevel>2</fairValLevel>
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        <name>Clovis Unified School District</name>
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        <name>City of New York</name>
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        <name>Port Authority of New York &amp; New Jersey</name>
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        <name>Clovis Unified School District</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>County of Clark Department of Aviation</name>
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        <name>Florida Municipal Power Agency</name>
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        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Oklahoma Turnpike Authority</name>
        <lei>549300J83EP2PBDYH615</lei>
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        <balance>6015000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Missouri State Board of Public Buildings</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>San Diego Unified School District</name>
        <lei>N/A</lei>
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          <isin value="US797355M767"/>
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        <balance>700000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Arizona Board of Regents</name>
        <lei>N/A</lei>
        <title>Arizona Board of Regents, Series 2024A</title>
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          <isin value="US040664LL62"/>
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        <balance>8000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8810053.60000000</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>2050-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Chicago</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
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        <cusip>167486T33</cusip>
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          <isin value="US167486T338"/>
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        <balance>24200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25250287.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured</name>
        <lei>N/A</lei>
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        <cusip>64971WWQ9</cusip>
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          <isin value="US64971WWQ94"/>
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        <balance>1300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1315974.53000000</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>2031-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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          <isin value="US66285WZK51"/>
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        <balance>3855000.00000000</balance>
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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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Rhode Island Health and Educational Building Corp.</name>
        <lei>N/A</lei>
        <title>Rhode Island Health &amp; Educational Building Corp., Series 2017A</title>
        <cusip>762197VF5</cusip>
        <identifiers>
          <isin value="US762197VF55"/>
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        <balance>4500000.00000000</balance>
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        <valUSD>4575937.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>District of Columbia Income Tax</name>
        <lei>N/A</lei>
        <title>District of Columbia Income Tax, Series 2020B</title>
        <cusip>25477GSD8</cusip>
        <identifiers>
          <isin value="US25477GSD87"/>
          <other otherDesc="Inhouse Asset ID" value="25477GSD8"/>
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        <balance>33905000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>34510858.62000000</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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        <name>Alvord Unified School District</name>
        <lei>549300Q9J0UCO75DL276</lei>
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        <balance>2000000.00000000</balance>
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        <valUSD>1279319.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <valUSD>5490287.50000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California Department of Water Resources</name>
        <lei>549300X618YEC5LGBQ98</lei>
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          <isin value="US13067WSC72"/>
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        <invCountry>US</invCountry>
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        <name>Commonwealth of Massachusetts Transportation Fund</name>
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          <isin value="US57604TKF20"/>
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        <balance>6250000.00000000</balance>
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        <valUSD>6878903.13000000</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>2047-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
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          <isin value="US677522VL53"/>
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        <balance>5105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5312346.21000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Connecticut</name>
        <lei>N/A</lei>
        <title>State of Connecticut, Series F</title>
        <cusip>20772JP30</cusip>
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          <isin value="US20772JP306"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2035443.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-15</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</title>
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        <balance>3495000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3594511.74000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
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        <name>Fremont Union High School District</name>
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        <name>Hutto Independent School District</name>
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        <name>State of Washington</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Rhode Island Commerce Corp.</name>
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        <name>County of Hamilton</name>
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      <invstOrSec>
        <name>Triborough Bridge &amp; Tunnel Authority Sales Tax</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Greenville County School District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-01</maturityDt>
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      <invstOrSec>
        <name>San Joaquin Hills Transportation Corridor Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Maryland</name>
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          <isin value="US574193NG99"/>
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        <name>Newport Mesa Unified School District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-08-01</maturityDt>
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        <name>State of Connecticut Special Tax</name>
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          <isin value="US207758TY95"/>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Washington</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Kentucky State Property &amp; Building Commission</name>
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          <isin value="US49151F4B31"/>
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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>Augusta GA Water &amp; Sewer Revenue</name>
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        <name>State of California</name>
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          <maturityDt>2025-10-01</maturityDt>
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      <invstOrSec>
        <name>San Francisco City &amp; County Public Utilities Commission Wastewater</name>
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      <invstOrSec>
        <name>New Jersey Economic Development Authority</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2050-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
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        <invCountry>US</invCountry>
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        <name>New York City Transitional Finance Authority Building Aid</name>
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        <name>South Carolina Public Service Authority</name>
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        <name>State of Connecticut Special Tax Revenue</name>
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        <name>Austin Independent School District</name>
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        <name>City &amp; County of Honolulu</name>
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        <name>Oklahoma City Water Utilities Trust</name>
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        <name>Orange County Local Transportation Authority Sales Tax</name>
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        <name>Texas Water Development Board</name>
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        <name>County of Union</name>
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        <name>Arizona Water Infrastructure Finance Authority</name>
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        <name>San Diego County Regional Transportation Commission</name>
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        <name>San Francisco City &amp; County Public Utilities Commission Wastewater</name>
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        <name>Sales Tax Securitization Corp.</name>
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        <name>Washington Metropolitan Area Transit Authority</name>
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        <name>City of New York</name>
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        <name>University of California</name>
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        <name>District of Columbia</name>
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        <name>State of Washington</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>Desert Community College District</name>
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        <name>District of Columbia Income Tax</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Alabama Federal Aid Highway Finance Authority</name>
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        <name>City of Phoenix Civic Improvement Corp.</name>
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        <name>Texas A&amp;M University</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York State Thruway Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Empire State Development Corp.</name>
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        <name>San Francisco City &amp; County Public Utilities Commission Wastewater</name>
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        <name>Empire State Development Corp.</name>
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        <name>Maine Turnpike Authority</name>
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        <name>California State University</name>
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        <name>Conroe Independent School District</name>
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      <invstOrSec>
        <name>City of New York</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>County of Prince George's</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="US91802RFU86"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>State of Louisiana Gasoline &amp; Fuels Tax</name>
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          <isin value="US546475RE60"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
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      <invstOrSec>
        <name>District of Columbia Income Tax</name>
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          <isin value="US25477GTC95"/>
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        <balance>2605000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-05-01</maturityDt>
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      <invstOrSec>
        <name>Grand Parkway Transportation Corp.</name>
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          <isin value="US38611TCC99"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of New York</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-08-01</maturityDt>
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      <invstOrSec>
        <name>Central Puget Sound Regional Transit Authority</name>
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          <isin value="US15504RGF01"/>
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        <balance>4500000.00000000</balance>
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        <name>State of Connecticut</name>
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        <name>New York State Thruway Authority</name>
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        <name>City of Gainesville FL Utilities System Revenue</name>
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        <name>BlackRock Liquidity Funds</name>
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        <name>County of Clark</name>
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        <name>Municipal Improvement Corp. of Los Angeles</name>
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        <name>Regional Transportation District Sales Tax</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Texas Water Development Board</name>
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      <invstOrSec>
        <name>Delaware River Port Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ohio Water Development Authority</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of Washington</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>Triborough Bridge &amp; Tunnel Authority</name>
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          <isin value="US89602HEM51"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
        <title>Chicago O'Hare International Airport, Series B</title>
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          <isin value="US167593A364"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Miami-Dade County Educational Facilities Authority</name>
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        <title>Miami-Dade County Educational Facilities Authority, Series 2024A</title>
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          <isin value="US59333ANV97"/>
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        <balance>13665000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Miami-Dade</name>
        <lei>549300QG0NBD9HULR263</lei>
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          <isin value="US59333FRZ52"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2001699.60000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Clackamas &amp; Washington Counties School District No. 3</name>
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          <isin value="US178882MF06"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-06-15</maturityDt>
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      <invstOrSec>
        <name>Georgia State Road &amp; Tollway Authority</name>
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          <isin value="US37358MEP23"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-06-01</maturityDt>
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        <name>State of Texas</name>
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          <isin value="US882723ST79"/>
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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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          <maturityDt>2028-10-01</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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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Seattle</name>
        <lei>N/A</lei>
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        <balance>4500000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2044-09-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Eastern Municipal Water District Financing Authority</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2047-07-01</maturityDt>
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      <invstOrSec>
        <name>East Bay Municipal Utility District Water System</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>State of North Carolina</name>
        <lei>N/A</lei>
        <title>State of North Carolina, Series 2020A</title>
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          <isin value="US6582565B45"/>
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        <curCd>USD</curCd>
        <valUSD>5857481.62000000</valUSD>
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        <name>Pennsylvania Turnpike Commission</name>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
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          <maturityDt>2039-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <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>2036-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Building Aid</name>
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          <isin value="US64972HWX69"/>
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        <name>Pennsylvania Turnpike Commission</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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          <maturityDt>2037-11-15</maturityDt>
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        <name>State of North Carolina</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-01</maturityDt>
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        <name>Ohio Turnpike &amp; Infrastructure Commission</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Empire State Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York State Thruway Authority</name>
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        <name>State of California</name>
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        <name>Central Puget Sound Regional Transit Authority</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>Commonwealth of Massachusetts</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Lewisville Independent School District</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>State of Illinois</name>
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        <name>Poway Unified School District</name>
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        <name>Oklahoma Turnpike Authority</name>
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        <name>Cincinnati City School District</name>
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        <name>Board of Regents of the University of Texas System</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Minneapolis-St Paul Metropolitan Airports Commission</name>
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        <name>Private Colleges &amp; Universities Authority</name>
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        <lei>549300ISBFGI8MJJKM98</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts School Building Authority</name>
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          <isin value="US576000RG02"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Central Texas Regional Mobility Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of San Francisco</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
        <lei>N/A</lei>
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          <isin value="US13063DUP13"/>
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        <valUSD>5329180.71000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of New Jersey</name>
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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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        <name>City of San Francisco</name>
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          <isin value="US79765R2R97"/>
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        <curCd>USD</curCd>
        <valUSD>2108978.80000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>South Carolina Public Service Authority</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
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          <isin value="US837151PM58"/>
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        <valUSD>2051549.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Bay Area Toll Authority</name>
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          <isin value="US072024A695"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2808162.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>City of New York</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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        <balance>2920000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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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="US13063CNR78"/>
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        <valUSD>2000201.80000000</valUSD>
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        <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>University of California</name>
        <lei>N/A</lei>
        <title>University of California, Series 2015AO</title>
        <cusip>91412GWA9</cusip>
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          <isin value="US91412GWA92"/>
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        <balance>8615000.00000000</balance>
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        <name>Beverly Hills Unified School District</name>
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        <name>Los Angeles Unified School District</name>
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        <name>Southern California Public Power Authority</name>
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          <isin value="US842469CK29"/>
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      <invstOrSec>
        <name>District of Columbia Income Tax</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2031-12-01</maturityDt>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>State of California</title>
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        <name>Hudson Yards Infrastructure Corp.</name>
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        <name>Austin Independent School District</name>
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      <invstOrSec>
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        <name>Clark County School District</name>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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        <name>State of Nevada Highway Improvement</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Long Island Power Authority</name>
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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>Illinois Finance Authority</name>
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        <name>State of California</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>Los Angeles Unified School District</name>
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        <name>City of New York</name>
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        <name>Los Angeles Unified School District</name>
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        <name>City of New York</name>
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        <name>Long Beach Unified School District</name>
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        <name>New York Power Authority</name>
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        <name>Virginia College Building Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Private Colleges &amp; Universities Authority</name>
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        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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        <name>Northeast Ohio Regional Sewer District</name>
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          <maturityDt>2040-05-01</maturityDt>
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        <fairValLevel>2</fairValLevel>
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        <name>South Carolina Public Service Authority</name>
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        <name>San Diego Unified School District</name>
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        <name>Missouri Highway &amp; Transportation Commission</name>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>State of Connecticut Special Tax</name>
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        <name>Round Rock Independent School District</name>
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        <name>Timpanogos Special Service District</name>
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        <name>Metropolitan Washington Airports Authority Dulles Toll Road</name>
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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>City &amp; County Honolulu Wastewater System Revenue</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>Sacramento Municipal Utility District</name>
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        <name>New York State Environmental Facilities Corp.</name>
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        <name>Ohio State University (The)</name>
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        <name>County of Montgomery</name>
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        <name>Washington Metropolitan Area Transit Authority Dedicated</name>
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        <name>University of Massachusetts Building Authority</name>
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        <name>Texas Water Development Board</name>
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        <name>New York City Transitional Finance Authority Building Aid</name>
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          <maturityDt>2034-06-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lower Colorado River Authority</name>
        <lei>549300QJFPW2NNBYR215</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-05-15</maturityDt>
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      <invstOrSec>
        <name>New Jersey Turnpike Authority</name>
        <lei>5493005YN67D71KSMI84</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Central Florida Expressway Authority</name>
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          <isin value="US153476BP02"/>
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        <valUSD>1034539.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
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        <valUSD>1551869.15000000</valUSD>
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        <invCountry>US</invCountry>
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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>City of New York</name>
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          <isin value="US64966SGA87"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California Department of Water Resources</name>
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        <curCd>USD</curCd>
        <valUSD>5000.00000000</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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Building Aid</name>
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        <title>New York City Transitional Finance Authority Building Aid, Series 2015S-2</title>
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          <isin value="US64972HWY43"/>
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        <balance>7500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7578694.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Maryland</name>
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          <isin value="US574193LG18"/>
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        <balance>3970000.00000000</balance>
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        <valUSD>3998717.00000000</valUSD>
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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>Metropolitan Transportation Authority</name>
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        <valUSD>8073368.11000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>State of California</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-01</maturityDt>
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        <name>State of California</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-09-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Pasco County School Board</name>
        <lei>549300NYEDMC7IDJPE68</lei>
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        <balance>5750000.00000000</balance>
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        <valUSD>6687192.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Municipal Electric Authority of Georgia</name>
        <lei>JA0WNILDDF2KUPS83B16</lei>
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        <valUSD>2003191.20000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Long Beach Unified School District</name>
        <lei>N/A</lei>
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        <name>Maine Health &amp; Higher Educational Facilities Authority</name>
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        <invCountry>US</invCountry>
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        <name>University of California</name>
        <lei>N/A</lei>
        <title>University of California, Series 2022BK</title>
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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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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>State of California</title>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Grant County Public Utility District No. 2 Priest Rapids Hydroelectric Project</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Ohio Turnpike &amp; Infrastructure Commission</name>
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        <name>Utility Debt Securitization Authority</name>
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        <name>Indiana Finance Authority</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>State of Minnesota</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Illinois</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Los Angeles County Public Works Financing Authority</name>
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        <name>District of Columbia Income Tax</name>
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        <name>Illinois Finance Authority</name>
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        <name>Central Texas Turnpike System</name>
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        <name>Private Colleges &amp; Universities Authority</name>
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        <name>New Jersey Turnpike Authority</name>
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        <name>Empire State Development Corp.</name>
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        <name>Houston Independent School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York State Dormitory Authority</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>State of Connecticut</name>
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        <name>Long Island Power Authority</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Dallas Fort Worth International Airport</name>
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        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
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        <name>Foothill-De Anza Community College District</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>Massachusetts Water Resources Authority</name>
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        <name>Long Island Power Authority</name>
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        <name>District of Columbia Income Tax</name>
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        <name>Great Lakes Water Authority Sewage Disposal System</name>
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        <name>E-470 Public Highway Authority</name>
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      <invstOrSec>
        <name>Washoe County School District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Houston</name>
        <lei>N/A</lei>
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          <isin value="US442349DC72"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Kentucky State Property &amp; Building Commission</name>
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          <isin value="US49151F4J66"/>
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        <balance>2000000.00000000</balance>
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        <valUSD>2224746.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Commonwealth of Massachusetts</name>
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          <isin value="US57582RJ723"/>
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      <invstOrSec>
        <name>City of Seattle</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Metropolitan Transportation Authority Dedicated Tax Fund</name>
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          <isin value="US59259N6S73"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-11-15</maturityDt>
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      <invstOrSec>
        <name>Hampton Roads 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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      <invstOrSec>
        <name>District of Columbia</name>
        <lei>549300HWFOZXPKGOX654</lei>
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        <balance>2045000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-15</maturityDt>
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        <name>State of North Carolina</name>
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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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        <name>County of Jefferson</name>
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        <balance>7000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>Energy Northwest</name>
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        <title>Energy Northwest, Series 2022A</title>
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          <isin value="US29270C4Q58"/>
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          <maturityDt>2032-07-01</maturityDt>
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        <name>State of Minnesota</name>
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          <isin value="US60412ALB79"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-01</maturityDt>
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        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
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          <isin value="US64972GRD87"/>
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        <invCountry>US</invCountry>
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        <name>State of California</name>
        <lei>N/A</lei>
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        <name>Boulder Valley School District No. Re-2 Boulder</name>
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        <invCountry>US</invCountry>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, Series 2018E</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>University of Virginia</name>
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        <name>Sacramento Municipal Utility District</name>
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        <name>Los Angeles Department of Water &amp; Power Water System</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Metropolitan Atlanta Rapid Transit Authority</name>
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        <name>Orange County Local Transportation Authority Sales Tax</name>
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        <name>Indianapolis Local Public Improvement Bond Bank</name>
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        <name>State of Delaware</name>
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        <name>Alameda Corridor Transportation Authority</name>
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        <name>Indiana Municipal Power Agency</name>
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          <maturityDt>2042-01-01</maturityDt>
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        <name>Central Florida Expressway Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Washington</name>
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        <name>Central Florida Expressway Authority</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>New York Convention Center Development Corp.</name>
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        <name>New York City Transitional Finance Authority Building Aid</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>Central Florida Expressway Authority</name>
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        <name>City of New York</name>
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        <name>City of Los Angeles Department of Airports</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Connecticut Special Tax</name>
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        <name>State of Connecticut Special Tax</name>
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        <name>Oklahoma Water Resources Board</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>State of Michigan Trunk Line</name>
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        <name>North Carolina Municipal Power Agency No. 1</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Los Angeles Unified School District</name>
        <lei>N/A</lei>
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          <isin value="US544647JL51"/>
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        <name>New York State Thruway Authority</name>
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        <name>State of California</name>
        <lei>N/A</lei>
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        <name>Clovis Unified School District</name>
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        <name>University of Michigan</name>
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        <name>Texas Water Development Board</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>New York City Municipal Water Finance Authority</name>
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        <name>City &amp; County of San Francisco</name>
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        <name>Los Angeles Department of Water &amp; Power Water System</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>California State University</name>
        <lei>N/A</lei>
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          <isin value="US13077DAY85"/>
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        <balance>18900000.00000000</balance>
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        <valUSD>19601670.06000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Grand River Dam Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-01</maturityDt>
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        <name>Los Angeles Department of Water &amp; Power</name>
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          <isin value="US5444956C37"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of Connecticut</name>
        <lei>N/A</lei>
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        <cusip>20772KPY9</cusip>
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          <isin value="US20772KPY90"/>
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        <balance>16250000.00000000</balance>
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        <valUSD>14762444.13000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <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>2033-03-15</maturityDt>
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        <name>City of Philadelphia PA Water &amp; Wastewater Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>North Texas Tollway Authority</name>
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        <name>New York City Transitional Finance Authority</name>
        <lei>5493003476LG35QAKM08</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>District of Columbia Income Tax</name>
        <lei>N/A</lei>
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        <cusip>25477GUK9</cusip>
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          <isin value="US25477GUK92"/>
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        <balance>2075000.00000000</balance>
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        <name>Los Angeles Department of Water &amp; Power Water System</name>
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          <isin value="US544525ZE16"/>
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        <name>State of Mississippi</name>
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        <name>American Municipal Power, Inc.</name>
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      <invstOrSec>
        <name>City &amp; County Honolulu</name>
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        <invCountry>US</invCountry>
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        <name>Energy Northwest</name>
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        <name>California State University</name>
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        <name>New York State Environmental Facilities Corp.</name>
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        <name>Massachusetts Water Resources Authority</name>
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        <name>State of Mississippi</name>
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        <name>South Carolina Public Service Authority</name>
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        <name>State of Wisconsin</name>
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        <name>Empire State Development Corp.</name>
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        <name>Round Rock Independent School District</name>
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        <name>San Francisco City &amp; County Public Utilities Commission Wastewater</name>
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        <name>Aldine Independent School District</name>
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        <name>Alabama Public School and College Authority</name>
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        <name>New York City Transitional Finance Authority Building Aid</name>
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        <name>District of Columbia Income Tax</name>
        <lei>N/A</lei>
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        <name>State of Michigan Trunk Line</name>
        <lei>N/A</lei>
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        <name>Riverside County Transportation Commission</name>
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        <name>Energy Northwest</name>
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        <name>Missouri Highway &amp; Transportation Commission</name>
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        <name>Central Florida Expressway Authority</name>
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        <name>City of New York</name>
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        <name>Commonwealth of Pennsylvania</name>
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        <name>Los Angeles Department of Water &amp; Power</name>
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        <name>Sales Tax Securitization Corp.</name>
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        <name>Tennessee State School Bond Authority</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Empire State Development Corp.</name>
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        <name>Cypress-Fairbanks Independent School District</name>
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        <name>Virginia College Building Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>County of King</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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          <maturityDt>2031-03-01</maturityDt>
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        <name>District of Columbia Income Tax</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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          <maturityDt>2025-02-15</maturityDt>
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        <name>Chabot-Las Positas Community College District</name>
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        <name>County of Miami-Dade</name>
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        <name>South Carolina Public Service Authority</name>
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        <name>State of Nevada</name>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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        <name>Permanent University Fund - University of Texas System</name>
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        <name>State of California</name>
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        <name>Richardson Independent School District</name>
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        <name>New York State Environmental Facilities Corp.</name>
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        <name>Monroe County Industrial Development Corp.</name>
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        <name>Long Island Power Authority</name>
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        <name>Austin Independent School District</name>
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        <name>State Public School Building Authority</name>
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        <name>State of Michigan Trunk Line</name>
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        <name>City of New York</name>
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        <name>El Camino Community College District Fountation (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Connecticut Special Tax</name>
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        <name>City of New York</name>
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        <name>San Francisco Bay Area Rapid Transit District Sales Tax</name>
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          <maturityDt>2028-09-01</maturityDt>
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        <name>New York Power Authority</name>
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        <name>San Diego Unified School District</name>
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        <name>New Mexico Finance Authority</name>
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        <name>Sacramento Area Flood Control Agency</name>
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        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
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        <name>New York State Environmental Facilities Corp.</name>
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        <name>City of San Francisco</name>
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        <name>New York Power Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York State Dormitory Authority</name>
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        <name>City of San Jose</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New York Convention Center Development Corp.</name>
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        <name>Indianapolis Local Public Improvement Bond Bank</name>
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        <name>State of Minnesota</name>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <name>New York State Dormitory Authority</name>
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        <name>Illinois State Toll Highway Authority</name>
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        <name>City of Durham</name>
        <lei>N/A</lei>
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        <name>Anaheim Public Financing Authority</name>
        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>University of California</name>
        <lei>N/A</lei>
        <title>University of California, Series 2015I</title>
        <cusip>91412GYR0</cusip>
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      <invstOrSec>
        <name>City of Phoenix Civic Improvement Corp.</name>
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        <name>County of Bexar</name>
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        <name>New York State Dormitory Authority</name>
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        <name>State of Connecticut</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Orlando Utilities Commission</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Connecticut Special Tax</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-05-01</maturityDt>
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        <name>Pennsylvania Turnpike Commission</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-12-01</maturityDt>
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        <name>Commonwealth of Massachusetts</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-03-01</maturityDt>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Washington</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Dallas</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-02-15</maturityDt>
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        <name>New York State Environmental Facilities Corp.</name>
        <lei>549300QJ33JJW73OQO60</lei>
        <title>New York State Environmental Facilities Corp., Series 2018B</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Los Angeles Community College District</name>
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        <name>State of Connecticut</name>
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        <name>Chicago Midway International Airport</name>
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        <name>Aldine Independent School District</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>University of Virginia</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Virginia College Building Authority</name>
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        <name>University of California</name>
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        <name>District of Columbia</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>State of Connecticut Clean Water Fund - State Revolving Fund</name>
        <lei>N/A</lei>
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          <isin value="US20775YEX04"/>
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        <curCd>USD</curCd>
        <valUSD>15390998.42000000</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>2036-02-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Virginia College Building Authority</name>
        <lei>N/A</lei>
        <title>Virginia College Building Authority, Series 2017C</title>
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          <isin value="US92778VEE48"/>
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        <balance>1830000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1914086.67000000</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>2031-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Connecticut Special Tax</name>
        <lei>N/A</lei>
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          <isin value="US207758UE13"/>
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        <balance>1200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1214102.16000000</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>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Port Authority of New York &amp; New Jersey</name>
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          <isin value="US73358WWP57"/>
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        <balance>1205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1214544.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Massachusetts School Building Authority</name>
        <lei>N/A</lei>
        <title>Massachusetts School Building Authority, Series D</title>
        <cusip>576000YJ6</cusip>
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          <isin value="US576000YJ67"/>
          <other otherDesc="Inhouse Asset ID" value="576000YJ6"/>
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        <balance>18000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18196781.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Maryland</name>
        <lei>N/A</lei>
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          <isin value="US574193NL84"/>
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        <balance>7880000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8284306.25000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Economic Development Authority</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority, Series WW</title>
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          <isin value="US64577XAF33"/>
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        <balance>945000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>956225.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>San Antonio Water System</name>
        <lei>549300S7VENCVRZAA322</lei>
        <title>San Antonio Water System, Series 2020A</title>
        <cusip>79642GHU9</cusip>
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          <isin value="US79642GHU94"/>
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        <balance>6000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6347512.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Oregon Department of Transportation</name>
        <lei>N/A</lei>
        <title>State of Oregon Department of Transportation, Series 2024</title>
        <cusip>68606UAQ1</cusip>
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          <isin value="US68606UAQ13"/>
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        <balance>1700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1947770.92000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Omaha Public Power District</name>
        <lei>54930000VJEJ9CGIYG32</lei>
        <title>Omaha Public Power District, Series 2017A</title>
        <cusip>682001FX5</cusip>
        <identifiers>
          <isin value="US682001FX59"/>
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        <balance>15575000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16199664.97000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>North Carolina Turnpike Authority</name>
        <lei>549300FCT1PN0GJGQ240</lei>
        <title>North Carolina Turnpike Authority, Series 2019</title>
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          <isin value="US65830VAS97"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>911356.75000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>City of New York</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>City of New York, Series 2020B-1</title>
        <cusip>64966QFE5</cusip>
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          <isin value="US64966QFE52"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>1093932.30000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Las Vegas Valley Water District</name>
        <lei>N/A</lei>
        <title>Las Vegas Valley Water District, Series 2016A</title>
        <cusip>517845AW3</cusip>
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          <isin value="US517845AW38"/>
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        <balance>9730000.00000000</balance>
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        <valUSD>9930273.56000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Moreno Valley Unified School District</name>
        <lei>549300G4WBO7HSZKUD51</lei>
        <title>Moreno Valley Unified School District, Series A</title>
        <cusip>616871JX8</cusip>
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          <isin value="US616871JX84"/>
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        <balance>14220000.00000000</balance>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
        <title>Commonwealth of Massachusetts, Series 2023B</title>
        <cusip>57582R3M6</cusip>
        <identifiers>
          <isin value="US57582R3M62"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3320495.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>San Diego Public Facilities Financing Authority</name>
        <lei>N/A</lei>
        <title>San Diego Public Facilities Financing Authority, Series 2018A</title>
        <cusip>79730CJB1</cusip>
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          <isin value="US79730CJB19"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1584529.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>San Francisco Bay Area Rapid Transit District</name>
        <lei>549300Y3C3QUMLE3FY58</lei>
        <title>San Francisco Bay Area Rapid Transit District, Series 2020C-1</title>
        <cusip>797661ZQ1</cusip>
        <identifiers>
          <isin value="US797661ZQ10"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4700127.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <name>University of California</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Tennessee State School Bond Authority</name>
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        <name>San Francisco City &amp; County Airport Comm-San Francisco International Airport</name>
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        <name>Nassau County Interim Finance Authority</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>North Carolina Turnpike 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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Grand Parkway Transportation Corp.</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Massachusetts Bay Transportation Authority Sales Tax</name>
        <lei>N/A</lei>
        <title>Massachusetts Bay Transportation Authority Sales Tax, Series 2024A</title>
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          <isin value="US575579W298"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Michigan State Building Authority</name>
        <lei>N/A</lei>
        <title>Michigan State Building Authority, Series 2019I</title>
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          <isin value="US594615HA75"/>
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        <balance>10880000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10609003.14000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dallas Fort Worth International Airport</name>
        <lei>N/A</lei>
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          <isin value="US23503CDD65"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1911170.10000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Miami Beach Redevelopment Agency</name>
        <lei>N/A</lei>
        <title>Miami Beach Redevelopment Agency, Series A</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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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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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>City of New York</name>
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        <title>City of New York, Series 2020B-1</title>
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          <isin value="US64966QFJ40"/>
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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>2036-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Foothill-Eastern Transportation Corridor Agency</name>
        <lei>N/A</lei>
        <title>Foothill-Eastern Transportation Corridor Agency, Series 2021A</title>
        <cusip>345105JL5</cusip>
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          <isin value="US345105JL58"/>
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        <balance>9340000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>University of California</name>
        <lei>N/A</lei>
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        <cusip>91412HRS4</cusip>
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          <isin value="US91412HRS49"/>
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        <balance>7500000.00000000</balance>
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        <valUSD>8888493.75000000</valUSD>
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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>Pennsylvania Turnpike Commission</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
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        <valUSD>3000000.00000000</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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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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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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        <name>State of Oregon</name>
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        <invCountry>US</invCountry>
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        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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        <valUSD>2059928.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax</name>
        <lei>N/A</lei>
        <title>Los Angeles County Metropolitan Transportation Authority Sales Tax, Series 2021A</title>
        <cusip>54466HLN4</cusip>
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          <isin value="US54466HLN43"/>
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        <valUSD>2302051.20000000</valUSD>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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      <invstOrSec>
        <name>Commonwealth of Pennsylvania</name>
        <lei>N/A</lei>
        <title>Commonwealth of Pennsylvania, Series 2019</title>
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      <invstOrSec>
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        <name>Metropolitan Government of Nashville &amp; Davidson County</name>
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        <name>Metropolitan Water Reclamation District of Greater Chicago</name>
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        <name>State of Connecticut Special Tax</name>
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        <name>State of Connecticut</name>
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        <name>City of New York</name>
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        <name>San Diego Unified School District</name>
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        <name>State of California</name>
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        <name>Suffolk County Water Authority</name>
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        <name>State of Maryland</name>
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        <name>New Jersey Economic Development Authority</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2027-06-15</maturityDt>
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        <name>Illinois State Toll Highway Authority</name>
        <lei>549300ISBFGI8MJJKM98</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-01-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Phoenix Civic Improvement Corp.</name>
        <lei>N/A</lei>
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          <isin value="US71883MNX82"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Municipal Water Finance Authority</name>
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          <isin value="US64972GUF98"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-06-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Alabama Public School and College Authority</name>
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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>2032-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Commonwealth of Pennsylvania</name>
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        <balance>10000000.00000000</balance>
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        <valUSD>7372736.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-05-15</maturityDt>
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          <annualizedRt>2.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Georgia</name>
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          <isin value="US373385MR19"/>
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        <balance>11210000.00000000</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>2041-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Turnpike Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Harris</name>
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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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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Newport Mesa Unified School District</name>
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        <balance>3500000.00000000</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>2038-08-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>State of Maryland Department of Transportation</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>County of Miami-Dade</name>
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        <balance>8505000.00000000</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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      <invstOrSec>
        <name>City of Atlanta</name>
        <lei>N/A</lei>
        <title>City of Atlanta Department of Aviation, Series 2019A</title>
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        <balance>6145000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <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 North Carolina</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-01</maturityDt>
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        <name>State of Mississippi</name>
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        <valUSD>1442079.75000000</valUSD>
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        <invCountry>US</invCountry>
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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>Coast Community College District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-08-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
        <title>Commonwealth of Massachusetts, Series 2024A</title>
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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>2028-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Austin</name>
        <lei>N/A</lei>
        <title>City of Austin Water &amp; Wastewater System, Series 2023</title>
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        <balance>3415000.00000000</balance>
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        <name>Katy Independent School District</name>
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        <name>California State Public Works Board</name>
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        <name>State of Connecticut Special Tax</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Empire State Development Corp.</name>
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        <name>Massachusetts Bay Transportation Authority Sales Tax</name>
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        <name>City &amp; County Honolulu</name>
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        <name>Great Lakes Water Authority Sewage Disposal System</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>Coast Community College District</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>District of Columbia Income Tax</name>
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        <name>New Jersey Turnpike Authority</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Metropolitan Transportation Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Monroe County Industrial Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
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        <valUSD>2514341.06000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-01-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Coast Community College District</name>
        <lei>N/A</lei>
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          <isin value="US190335DF39"/>
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        <balance>6475000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>None</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Chicago</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
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          <isin value="US167486P526"/>
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        <balance>2850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3065741.58000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
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          <isin value="US677522YP31"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5096209.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
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        <cusip>93974D2V9</cusip>
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          <isin value="US93974D2V91"/>
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        <balance>14685000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15367354.68000000</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>2042-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Metropolitan Washington Airports Authority Dulles Toll Road</name>
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        <balance>5000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-10-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Austin Community College District</name>
        <lei>N/A</lei>
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          <isin value="US052403GW67"/>
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        <balance>3500000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, Series 2018A</title>
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          <isin value="US64990AJC09"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-03-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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        <valUSD>5543972.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-06-15</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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        <balance>4840000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2033-03-15</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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        <cusip>20772KJA8</cusip>
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          <isin value="US20772KJA88"/>
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        <balance>2000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Grossmont-Cuyamaca Community College District</name>
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          <isin value="US399267DF79"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>Ohio Turnpike &amp; Infrastructure Commission</name>
        <lei>N/A</lei>
        <title>Ohio Turnpike &amp; Infrastructure Commission, Series 2013A-2</title>
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          <isin value="US67760HKC42"/>
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        <balance>7095000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>Metropolitan Transportation Authority</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>Metropolitan Transportation Authority, Series 2024B</title>
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          <isin value="US59261A3C93"/>
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        <balance>10000000.00000000</balance>
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        <valUSD>11364116.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <name>City of Colorado Springs Utilities System Revenue</name>
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        <name>Empire State Development Corp.</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>University of California</name>
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        <name>Utility Debt Securitization Authority</name>
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        <name>Broward County</name>
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        <name>Virginia Commonwealth Transportation Board</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>City of New York</name>
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        <name>North Carolina Turnpike Authority</name>
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        <name>Utility Debt Securitization Authority</name>
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        <name>University of California</name>
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        <name>Triborough Bridge &amp; Tunnel Authority Sales Tax</name>
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        <name>Iowa Finance Authority</name>
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        <name>State of Illinois</name>
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        <name>Sacramento Municipal Utility District</name>
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        <name>Los Angeles Department of Water &amp; Power Water System</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>State of California</name>
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        <name>Georgia Ports Authority</name>
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        <name>University of California</name>
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        <name>West Virginia Parkways Authority</name>
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        <name>Virginia Public Building Authority</name>
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        <name>City of Tampa</name>
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        <name>Municipal Electric Authority of Georgia</name>
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        <name>New York State Dormitory Authority</name>
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        <name>State of Connecticut Special Tax</name>
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        <name>Salem-Keizer School District No. 24J</name>
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        <name>City of New York</name>
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        <name>New York State Dormitory Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>New York State Dormitory Authority</name>
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        <name>County of Bexar</name>
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        <lei>N/A</lei>
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          <isin value="US13063DXC72"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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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>Illinois State Toll Highway Authority</name>
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          <isin value="US452252NR69"/>
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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>City of Atlanta</name>
        <lei>N/A</lei>
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          <isin value="US04780MR689"/>
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        <balance>2250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2603576.70000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Nassau County Interim Finance Authority</name>
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          <isin value="US631663RB99"/>
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        <balance>945000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1010700.18000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Long Beach Unified School District</name>
        <lei>N/A</lei>
        <title>Long Beach Unified School District, Series A</title>
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          <isin value="US542433UT27"/>
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        <balance>3000000.00000000</balance>
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        <valUSD>3102451.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>San Diego Unified School District</name>
        <lei>N/A</lei>
        <title>San Diego Unified School District, Series 2024H-2</title>
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        <balance>1220000.00000000</balance>
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        <valUSD>1366192.60000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Miami University</name>
        <lei>N/A</lei>
        <title>Miami University, Series 2020A</title>
        <cusip>593791JV9</cusip>
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          <isin value="US593791JV92"/>
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        <balance>1500000.00000000</balance>
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        <valUSD>1501770.90000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-09-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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          <isin value="US66285WHE93"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>818544.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <valUSD>915427.35000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
        <title>Chicago O'Hare International Airport, Series 2018B</title>
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          <isin value="US167593M419"/>
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        <balance>7000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6933922.10000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Austin</name>
        <lei>N/A</lei>
        <title>City of Austin Water &amp; Wastewater System, Series 2023</title>
        <cusip>052477QC3</cusip>
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          <isin value="US052477QC37"/>
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        <balance>6000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6522625.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Port of Seattle</name>
        <lei>549300T9UCDUJ3GZL429</lei>
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          <isin value="US735389S909"/>
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        <balance>3075000.00000000</balance>
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        <valUSD>3416033.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Metropolitan Transportation Authority</name>
        <lei>5493000TKYODLXADQD60</lei>
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        <balance>3500000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>San Diego Unified School District</name>
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        <name>City of San Jose</name>
        <lei>549300QHIHSH68W22O38</lei>
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      <invstOrSec>
        <name>Los Angeles Department of Water &amp; Power</name>
        <lei>549300S8NXV6YU61GG95</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>District of Columbia Water &amp; Sewer Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Los Angeles Unified School District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
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          <isin value="US45506DZH15"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Rhode Island Commerce Corp.</name>
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          <isin value="US762232AK27"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
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          <isin value="US64990FPS73"/>
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        <balance>4415000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4500881.02000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>2081910.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Connecticut</name>
        <lei>N/A</lei>
        <title>State of Connecticut, Series 2024A</title>
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          <isin value="US20772KVD89"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5538862.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Illinois State Toll Highway Authority</name>
        <lei>549300ISBFGI8MJJKM98</lei>
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          <isin value="US452252PU70"/>
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        <balance>9765000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10778069.93000000</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>2041-01-01</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 2022A-1</title>
        <cusip>64971XC71</cusip>
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          <isin value="US64971XC714"/>
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        <balance>5005000.00000000</balance>
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        <valUSD>5223632.41000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Chaffey Joint Union High School District</name>
        <lei>N/A</lei>
        <title>Chaffey Joint Union High School District, Series C</title>
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          <isin value="US157411RH45"/>
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        <balance>10000000.00000000</balance>
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        <valUSD>10039917.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-08-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Commonwealth of Pennsylvania</name>
        <lei>N/A</lei>
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        <balance>5000000.00000000</balance>
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        <valUSD>5081206.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-09-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>City of New York</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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          <isin value="US64966QCS75"/>
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        <balance>5005000.00000000</balance>
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        <valUSD>5093449.86000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Los Angeles County Public Works Financing Authority</name>
        <lei>N/A</lei>
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        <cusip>54473EYC2</cusip>
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          <isin value="US54473EYC29"/>
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        <balance>3865000.00000000</balance>
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        <valUSD>4561104.28000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Fulton</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Great Lakes Water Authority Water Supply System</name>
        <lei>N/A</lei>
        <title>Great Lakes Water Authority Water Supply System, Series 2022A</title>
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        <valUSD>5472928.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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 C</title>
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          <isin value="US64971WU320"/>
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        <balance>4355000.00000000</balance>
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        <valUSD>4547053.32000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <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>State of Hawaii</name>
        <lei>N/A</lei>
        <title>State of Hawaii, Series FH</title>
        <cusip>419792MJ2</cusip>
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          <isin value="US419792MJ25"/>
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        <balance>4725000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4915563.98000000</valUSD>
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        <name>State of Hawaii</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>County of King</name>
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        <name>North East Independent School District</name>
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        <name>New York Power Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-11-15</maturityDt>
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        <name>Chaffey Community College District</name>
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        <name>Massachusetts School Building Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Texas A&amp;M University</name>
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        <name>State of Colorado</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 Building Aid</name>
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        <name>New Jersey Turnpike Authority</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>District of Columbia</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>Indiana Finance Authority</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>Escondido Union High School District</name>
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        <name>Deutsche Intermediate Tax-Free Fund</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>District of Columbia Income Tax</name>
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        <name>Central Texas Regional Mobility Authority</name>
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        <name>Los Angeles Unified School District</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>County of Montgomery</name>
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        <name>New York State Thruway Authority</name>
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        <name>Virginia College Building Authority</name>
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        <name>New York State Thruway Authority</name>
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        <name>Arizona Board of Regents</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-08-01</maturityDt>
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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>New Jersey Transportation Trust Fund Authority</name>
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          <isin value="US646136XH92"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Metropolitan Transportation Authority</name>
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        <name>Michigan State Building Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Dallas Fort Worth International Airport</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Illinois</name>
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        <name>State of California</name>
        <lei>N/A</lei>
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          <maturityDt>2039-10-01</maturityDt>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <name>Palomar Community College District</name>
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        <name>Georgia Ports Authority</name>
        <lei>N/A</lei>
        <title>Georgia Ports Authority, Series 2022</title>
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          <isin value="US373586HQ22"/>
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        <balance>2250000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-07-01</maturityDt>
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        <name>Metropolitan Washington Airports Authority Dulles Toll Road</name>
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          <maturityDt>2049-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Commonwealth of Pennsylvania</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-01-01</maturityDt>
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      <invstOrSec>
        <name>University of Washington</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Pittsburgh Water &amp; Sewer Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Washington Metropolitan Area Transit Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
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          <isin value="US882854WS75"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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          <isin value="US67766WYF30"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>New Jersey Turnpike Authority</name>
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          <isin value="US646140DJ98"/>
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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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      <invstOrSec>
        <name>San Diego Unified School District</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>City of San Francisco</name>
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        <balance>3000000.00000000</balance>
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        <valUSD>3571838.10000000</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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      <invstOrSec>
        <name>Mid-Bay Bridge Authority</name>
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          <isin value="US342814DR81"/>
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        <balance>3000000.00000000</balance>
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        <valUSD>3016666.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Miami-Dade</name>
        <lei>N/A</lei>
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          <isin value="US59334DLV46"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</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>2035-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>San Jose Unified School District</name>
        <lei>N/A</lei>
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        <balance>3800000.00000000</balance>
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          <maturityDt>2029-08-01</maturityDt>
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        <name>Ysleta Independent School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Dallas</name>
        <lei>N/A</lei>
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          <isin value="US2354166M19"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>San Antonio Independent School District</name>
        <lei>N/A</lei>
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          <isin value="US796269M969"/>
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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 California</name>
        <lei>N/A</lei>
        <title>State of California</title>
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          <isin value="US13063CS274"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5179938.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>District of Columbia Income Tax</name>
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        <name>New York City Transitional Finance Authority Building Aid</name>
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        <name>Sonoma County Junior College District</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>New York State Environmental Facilities Corp.</name>
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        <name>City &amp; County Honolulu</name>
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        <name>New York State Dormitory Authority</name>
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        <name>City of Phoenix Civic Improvement Corp.</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lower Colorado River Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>County of Prince George's</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of North Carolina</name>
        <lei>N/A</lei>
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          <isin value="US6582565C28"/>
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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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      <invstOrSec>
        <name>State of Michigan Trunk Line</name>
        <lei>N/A</lei>
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          <isin value="US5946952G23"/>
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        <balance>25200000.00000000</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>
        <debtSec>
          <maturityDt>2045-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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</title>
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          <isin value="US13063CVT43"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4050779.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Port Authority of New York &amp; New Jersey</name>
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          <isin value="US73358WD929"/>
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        <balance>8190000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8365083.36000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Arlington</name>
        <lei>N/A</lei>
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          <isin value="US041431TS67"/>
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        <balance>2085000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2175475.03000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, Series 2019D</title>
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          <isin value="US64990FNZ35"/>
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        <balance>5020000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5158471.68000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>City of San Francisco</name>
        <lei>N/A</lei>
        <title>City of San Francisco, Series 2023C</title>
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          <isin value="US79771FDX24"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3552656.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of California</name>
        <lei>N/A</lei>
        <title>State of California</title>
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          <isin value="US13063DN794"/>
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        <balance>2075000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2235359.32000000</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>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
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        <cusip>452153FA2</cusip>
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          <isin value="US452153FA27"/>
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        <balance>15000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16590265.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Ohio Turnpike &amp; Infrastructure Commission</name>
        <lei>N/A</lei>
        <title>Ohio Turnpike &amp; Infrastructure Commission, Series 2013A-2</title>
        <cusip>67760HKG5</cusip>
        <identifiers>
          <isin value="US67760HKG55"/>
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        <balance>6880000.00000000</balance>
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        <valUSD>4427271.06000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</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 2016A-1</title>
        <cusip>64971WVT4</cusip>
        <identifiers>
          <isin value="US64971WVT43"/>
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        <balance>5000000.00000000</balance>
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        <valUSD>5064414.00000000</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>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <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 2021D-1</title>
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          <isin value="US64971XWS34"/>
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        <balance>3675000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <name>California Educational Facilities Authority</name>
        <lei>N/A</lei>
        <title>California Educational Facilities Authority, Series V-1</title>
        <cusip>130179SD7</cusip>
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          <isin value="US130179SD70"/>
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        <balance>15000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18685005.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, Series 2024A</title>
        <cusip>64990F6V1</cusip>
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          <isin value="US64990F6V10"/>
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        <balance>9485000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10538120.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of North Carolina</name>
        <lei>N/A</lei>
        <title>State of North Carolina, Series 2020B</title>
        <cusip>65829QDX9</cusip>
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          <isin value="US65829QDX97"/>
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        <balance>1550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1597708.69000000</valUSD>
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        <name>Empire State Development Corp.</name>
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        <name>University of California</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax</name>
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        <name>State of Kansas Department of Transportation</name>
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      <invstOrSec>
        <name>Ohio State University (The)</name>
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        <name>California State Public Works Board</name>
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        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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        <name>Oklahoma Turnpike Authority</name>
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        <name>Empire State Development Corp.</name>
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        <name>State of Connecticut Special Tax</name>
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          <maturityDt>2038-10-01</maturityDt>
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        <name>Private Colleges &amp; Universities Authority</name>
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        <name>Central Texas Regional Mobility Authority</name>
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        <name>Sales Tax Securitization Corp.</name>
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        <name>Georgia State Road &amp; Tollway Authority</name>
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        <name>Utility Debt Securitization Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>Mount San Antonio Community College District</name>
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        <name>State of Georgia</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Metropolitan Washington Airports Authority Dulles Toll Road</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Henry County School District</name>
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          <maturityDt>2036-08-01</maturityDt>
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        <name>Los Angeles Unified School District</name>
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        <fairValLevel>2</fairValLevel>
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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>South Dakota Conservancy District</name>
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        <name>New York State Environmental Facilities Corp.</name>
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        <name>Texas Water Development Board</name>
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        <name>City of Philadelphia PA Water &amp; Wastewater Revenue</name>
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        <name>County of Harris</name>
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        <name>Irvine Ranch Water District Water Service Corp.</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>San Diego County Water Authority</name>
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        <name>University of Michigan</name>
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        <name>Salem-Keizer School District No. 24J</name>
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        <name>Alabama Federal Aid Highway Finance Authority</name>
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        <name>Metropolitan Water District of Southern California</name>
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        <name>District of Columbia</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Board of Regents of the University of Texas System</name>
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        <name>Denver City &amp; County School District No. 1</name>
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        <name>District of Columbia</name>
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        <name>Alameda Corridor Transportation Authority</name>
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        <name>Cypress-Fairbanks Independent School District</name>
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        <name>Energy Northwest</name>
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        <name>University of California</name>
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        <name>State of Washington</name>
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        <name>Central Florida Expressway Authority</name>
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        <name>University of Pittsburgh-of the Commonwealth System of Higher Education</name>
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        <name>New York State Dormitory Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Private Colleges &amp; Universities Authority</name>
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        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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        <name>New York State Dormitory Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>Sacramento Municipal Utility District</name>
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        <name>Metropolitan St Louis Sewer District</name>
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        <name>New York Power Authority</name>
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        <name>Empire State Development Corp.</name>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Tampa Bay Water</name>
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        <name>State of Delaware</name>
        <lei>N/A</lei>
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        <name>Triborough Bridge &amp; Tunnel Authority Sales Tax</name>
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        <name>Energy Northwest</name>
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        <name>Horry County School District</name>
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        <name>State of Georgia</name>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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        <name>Virginia College Building Authority</name>
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        <name>Dallas Area Rapid Transit</name>
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        <name>New York State Thruway Authority</name>
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        <name>State of California</name>
        <lei>N/A</lei>
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      <invstOrSec>
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        <name>Kentucky State Property &amp; Building Commission</name>
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        <name>Board of Governors of Colorado State University System</name>
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        <name>Indiana Finance Authority</name>
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        <name>Miami-Dade County Educational Facilities Authority</name>
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        <name>South Carolina Public Service Authority</name>
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        <name>San Francisco City &amp; County Public Utilities Commission Power</name>
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        <name>Chicago O'Hare International Airport</name>
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      </invstOrSec>
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        <name>Tampa Bay Water</name>
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      </invstOrSec>
      <invstOrSec>
        <name>Clark County School District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Permanent University Fund - Texas A&amp;M University System</name>
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          <isin value="US8821177X64"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Building Aid</name>
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          <isin value="US64972H7P11"/>
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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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      <invstOrSec>
        <name>Conroe Independent School District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Multnomah County School District No. 1 Portland</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Maryland Department of Transportation</name>
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        <balance>2000000.00000000</balance>
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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>Massachusetts Bay Transportation Authority Sales Tax</name>
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          <isin value="US575579N453"/>
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        <balance>13000000.00000000</balance>
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        <assetCat>STIV</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-07-01</maturityDt>
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        <name>Los Angeles Unified School District</name>
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          <isin value="US544647BU33"/>
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        <balance>6550000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-07-01</maturityDt>
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        <name>State of Delaware</name>
        <lei>N/A</lei>
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          <isin value="US246381RJ81"/>
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        <balance>3855000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-03-01</maturityDt>
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        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
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          <isin value="US650010CB54"/>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Mesa</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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          <maturityDt>2025-02-15</maturityDt>
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        <name>Commonwealth of Massachusetts</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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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 2015S-1</title>
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          <isin value="US64972HVS83"/>
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        <name>American Municipal Power, Inc.</name>
        <lei>EARKGGZJJEMVD66XQ486</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
        <title>New York State Thruway Authority, Series 2019B</title>
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          <isin value="US650010CL37"/>
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        <balance>8250000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Turnpike Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
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          <isin value="US64990GTN24"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Mexico Finance Authority</name>
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          <isin value="US64711RMM50"/>
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        <balance>1510000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1627586.12000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Los Angeles Department of Water &amp; Power</name>
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          <isin value="US544532FV10"/>
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        <balance>3390000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3718828.98000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-07-01</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>
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          <isin value="US30382AMY54"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3109664.70000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of California</name>
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          <isin value="US13063CYN46"/>
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        <balance>4225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4271022.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</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="US452153AD11"/>
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        <balance>2170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2178697.36000000</valUSD>
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        <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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        <name>Commonwealth of Pennsylvania</name>
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          <isin value="US70914PH216"/>
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        <balance>1365000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1368251.02000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
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          <isin value="US88285ABA51"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>1082863.90000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.45000000</annualizedRt>
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        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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        <balance>4160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3766626.24000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-15</maturityDt>
          <couponKind>None</couponKind>
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        <name>State of California</name>
        <lei>N/A</lei>
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          <isin value="US13063DAU28"/>
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        <balance>7000000.00000000</balance>
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        <valUSD>7415902.90000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Fort Worth Independent School District</name>
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        <balance>3115000.00000000</balance>
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        <valUSD>3126457.59000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Lower Colorado River Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Judson Independent School District</name>
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        <balance>6060000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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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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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-01-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
        <lei>54930020ZN4LQF7K3456</lei>
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        <balance>32725000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Utah Transit Authority</name>
        <lei>N/A</lei>
        <title>Utah Transit Authority, Series 2024</title>
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          <isin value="US917567HG70"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4652805.20000000</valUSD>
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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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        <name>City of New York</name>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Charleston</name>
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      <invstOrSec>
        <name>Elk Grove Unified School District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Dublin Unified School District</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-08-01</maturityDt>
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      <invstOrSec>
        <name>Massachusetts School Building Authority</name>
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          <isin value="US576000WD16"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4012778.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-02-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of Connecticut</name>
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        <balance>7100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7847019.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-15</maturityDt>
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        <name>Empire State Development Corp.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Bay Area Toll Authority</name>
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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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        <name>State of Texas</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Dallas Fort Worth International Airport</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York State Thruway Authority</name>
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        <name>State of Delaware</name>
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        <name>City of Charlotte Water &amp; Sewer System</name>
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        <name>State of Illinois</name>
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          <maturityDt>2047-05-01</maturityDt>
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      <invstOrSec>
        <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>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>Illinois State Toll Highway Authority</name>
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        <name>District of Columbia Income Tax</name>
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        <name>Georgia Ports Authority</name>
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        <name>New York State Environmental Facilities Corp.</name>
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        <name>Texas Transportation Commission</name>
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        <name>Los Angeles Department of Water &amp; Power Water System</name>
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        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
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      <invstOrSec>
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        <name>Maryland State Transportation Authority</name>
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        <name>New York City Transitional Finance Authority Building Aid</name>
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        <name>East Bay Municipal Utility District Water System</name>
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        <name>Virginia College Building Authority</name>
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        <name>District of Columbia Income Tax</name>
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        <name>City of New York</name>
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        <name>University of California</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>New Jersey Turnpike Authority</name>
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        <name>North Carolina Municipal Power Agency No. 1</name>
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        <name>State of Washington</name>
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        <name>New Jersey Turnpike Authority</name>
        <lei>5493005YN67D71KSMI84</lei>
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        <name>California Infrastructure &amp; Economic Development Bank</name>
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        <name>City of Indianapolis Department of Public Utilities Water System</name>
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        <name>Texas Water Development Board</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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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>University of Michigan</name>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>City of Springfield IL Electric Revenue</name>
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        <name>State of Connecticut</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Utility Debt Securitization Authority</name>
        <lei>N/A</lei>
        <title>Utility Debt Securitization Authority, Series 2015</title>
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          <isin value="US91802RBT59"/>
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        <curCd>USD</curCd>
        <valUSD>18679024.60000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>San Francisco City &amp; County Airport Comm-San Francisco International Airport</name>
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          <isin value="US79766DXA26"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <valUSD>2150234.60000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Dallas Fort Worth International Airport</name>
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          <isin value="US23503CAX56"/>
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        <valUSD>2196489.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
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          <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="US70914PZ622"/>
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        <balance>33700000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Los Angeles Unified School District</name>
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          <isin value="US544647AY63"/>
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        <balance>3045000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
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        <balance>2500000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <name>Oklahoma Turnpike Authority</name>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2011883.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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          <isin value="US64971XDQ88"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2100298.60000000</valUSD>
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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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        <name>State of Washington</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <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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        <name>Massachusetts Health &amp; Educational Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Michigan State Building Authority</name>
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        <name>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Massachusetts Development Finance Agency</name>
        <lei>549300UZSVMFXJK08K70</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Denton Independent School District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Maryland Department of Transportation</name>
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        <fairValLevel>2</fairValLevel>
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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>
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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>2030-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of New York</name>
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        <curCd>USD</curCd>
        <valUSD>5742111.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Newport Mesa Unified School District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-08-01</maturityDt>
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      <invstOrSec>
        <name>State of California</name>
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        <curCd>USD</curCd>
        <valUSD>2161089.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Los Angeles Department of Water &amp; Power</name>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2082261.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Hudson Yards Infrastructure Corp.</name>
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        <balance>7905000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8139348.47000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Washington Metropolitan Area Transit Authority</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 Delaware</name>
        <lei>N/A</lei>
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        <balance>2215000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of New Mexico</name>
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        <valUSD>5466979.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Colorado</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-03-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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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>Michigan State Building Authority</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 Texas</name>
        <lei>549300X9CH74QB747L76</lei>
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        <valUSD>16585869.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Prince George's</name>
        <lei>549300NSQ1W50I0VU811</lei>
        <title>County of Prince George's, Series 2018A</title>
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        <name>Metropolitan Transportation Authority Dedicated Tax Fund</name>
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        <name>Rhode Island Commerce Corp.</name>
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        <name>Prosper Independent School District</name>
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        <name>Georgia Ports Authority</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 Building Aid</name>
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        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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        <name>Triborough Bridge &amp; Tunnel Authority Sales Tax</name>
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        <name>California State University</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>Ohio State University (The)</name>
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        <name>District of Columbia Income Tax</name>
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      <invstOrSec>
        <name>State of Connecticut</name>
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        <name>San Francisco Bay Area Rapid Transit District</name>
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        <name>North Texas Tollway Authority</name>
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        <name>City of Atlanta</name>
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        <name>Yosemite Community College District</name>
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        <name>Empire State Development Corp.</name>
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        <name>University of California</name>
        <lei>N/A</lei>
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        <name>New York State Thruway Authority</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 Unified School District</name>
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        <name>Monroe County Industrial Development Corp.</name>
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      <invstOrSec>
        <name>City of Indianapolis Department of Public Utilities Water System</name>
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        <name>City of Phoenix Civic Improvement Corp.</name>
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          <maturityDt>2049-07-01</maturityDt>
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        <name>University of California</name>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>Antelope Valley Community College District</name>
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        <name>Dallas Fort Worth International Airport</name>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>Kentucky State Property &amp; Building Commission</name>
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        <name>State of California</name>
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        <name>Los Angeles Community College District</name>
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        <name>Indiana Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>State of Georgia</name>
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        <fairValLevel>2</fairValLevel>
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        <name>San Antonio Water System</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York State Thruway Authority</name>
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        <name>City of San Francisco</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax</name>
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        <invCountry>US</invCountry>
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        <name>Utility Debt Securitization Authority</name>
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        <name>Ohio University</name>
        <lei>549300P1K3IH2L5SFY61</lei>
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        <name>Texas A&amp;M University</name>
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        <name>Clackamas County School District No. 12 North Clackamas</name>
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        <name>California Infrastructure &amp; Economic Development Bank</name>
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        <fairValLevel>2</fairValLevel>
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        <name>University of California</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Illinois</name>
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        <name>William S Hart Union High School District</name>
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        <name>Board of Regents of the University of Texas System</name>
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        <name>Los Angeles Unified School District</name>
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        <name>City of New York</name>
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        <name>Commonwealth of Massachusetts</name>
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      <invstOrSec>
        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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        <name>Scott County School District Finance Corp.</name>
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        <name>Rio Hondo Community College District</name>
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        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Winston-Salem</name>
        <lei>N/A</lei>
        <title>City of Winston-Salem Water &amp; Sewer System, Series 2022</title>
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          <isin value="US975700RC11"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.37500000</annualizedRt>
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      <invstOrSec>
        <name>Permanent University Fund - University of Texas System</name>
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          <isin value="US9151158K89"/>
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        <curCd>USD</curCd>
        <valUSD>1058098.30000000</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>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Central Florida Expressway Authority</name>
        <lei>N/A</lei>
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          <isin value="US153476GU42"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>521956.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, Series 2021A</title>
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          <isin value="US64990FZQ08"/>
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        <balance>10210000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11380528.51000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Educational Facilities Authority</name>
        <lei>549300UTOO4X537XXG70</lei>
        <title>New Jersey Educational Facilities Authority, Series 2022A</title>
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          <isin value="US646067EK02"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5778874.50000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of New York</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>City of New York, Series E</title>
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          <isin value="US64966MAY57"/>
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        <balance>5050000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5207957.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
        <title>Chicago O'Hare International Airport, Series D</title>
        <cusip>167593WL2</cusip>
        <identifiers>
          <isin value="US167593WL25"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5198059.50000000</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>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax</name>
        <lei>N/A</lei>
        <title>Los Angeles County Metropolitan Transportation Authority Sales Tax, Series 2020A</title>
        <cusip>54466HJY3</cusip>
        <identifiers>
          <isin value="US54466HJY36"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2642637.50000000</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>2033-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pennsylvania Turnpike Commission</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania Turnpike Commission, Series 2014C</title>
        <cusip>709225LM6</cusip>
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          <isin value="US709225LM63"/>
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        <balance>1400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1400061.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Virginia College Building Authority</name>
        <lei>N/A</lei>
        <title>Virginia College Building Authority, Series 2017E</title>
        <cusip>92778VFH6</cusip>
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          <isin value="US92778VFH69"/>
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        <balance>5015000.00000000</balance>
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        <valUSD>5360480.34000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, Series 2016A</title>
        <cusip>64990CEK3</cusip>
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          <isin value="US64990CEK36"/>
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        <valUSD>1002254.40000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of Maryland</name>
        <lei>N/A</lei>
        <title>State of Maryland, Series 2019-1</title>
        <cusip>574193RH3</cusip>
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          <isin value="US574193RH37"/>
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        <balance>5005000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5449890.95000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>State of Georgia</name>
        <lei>N/A</lei>
        <title>State of Georgia, Series 2019A</title>
        <cusip>373385DZ3</cusip>
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          <isin value="US373385DZ36"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1012768.70000000</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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          <isCashCollateral>N</isCashCollateral>
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        <name>City of Austin</name>
        <lei>N/A</lei>
        <title>City of Austin, Series 2020A</title>
        <cusip>052414UE7</cusip>
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          <isin value="US052414UE76"/>
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        <balance>3905000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4182797.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Ohio Turnpike &amp; Infrastructure Commission</name>
        <lei>N/A</lei>
        <title>Ohio Turnpike &amp; Infrastructure Commission, Series 2013A-4</title>
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        <identifiers>
          <isin value="US67760HKR11"/>
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        <balance>2145000.00000000</balance>
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        <valUSD>2483562.72000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.69999880</annualizedRt>
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      <invstOrSec>
        <name>City of New York</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>City of New York, Series 2022D-1</title>
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          <isin value="US64966QC734"/>
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        <balance>3625000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3731836.00000000</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>2049-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Texas Municipal Water District Water System</name>
        <lei>N/A</lei>
        <title>North Texas Municipal Water District Water System, Series 2016</title>
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          <isin value="US662903RR62"/>
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        <balance>6000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5899410.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Metropolitan Transportation Authority Dedicated Tax Fund</name>
        <lei>N/A</lei>
        <title>Metropolitan Transportation Authority Dedicated Tax Fund, Series 2024B-1</title>
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          <isin value="US59260XCL01"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11211794.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-15</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>Central Florida Expressway Authority</name>
        <lei>N/A</lei>
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        <cusip>153476DA1</cusip>
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          <isin value="US153476DA15"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1300876.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Austin Independent School District</name>
        <lei>N/A</lei>
        <title>Austin Independent School District, Series 2022B</title>
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          <isin value="US052430UT04"/>
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        <balance>5690000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6377596.67000000</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>2030-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Utah Transit Authority</name>
        <lei>N/A</lei>
        <title>Utah Transit Authority, Series 2015A</title>
        <cusip>917567AY5</cusip>
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          <isin value="US917567AY59"/>
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        <balance>5500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5560429.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Chicago</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
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        <cusip>167486S83</cusip>
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          <isin value="US167486S835"/>
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        <balance>8425000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8696141.78000000</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>2043-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <cusip>66285WVW3</cusip>
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          <isin value="US66285WVW36"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1035683.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Utility Debt Securitization Authority</name>
        <lei>N/A</lei>
        <title>Utility Debt Securitization Authority, Series 2015</title>
        <cusip>91802RBN8</cusip>
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          <isin value="US91802RBN89"/>
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        <balance>4440000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4517501.98000000</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>2033-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>State of Washington, Series 2022C</title>
        <cusip>93974EUW4</cusip>
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          <isin value="US93974EUW47"/>
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        <balance>2210000.00000000</balance>
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        <valUSD>2410813.20000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>University of Massachusetts Building Authority</name>
        <lei>6ILE2573NPR1XO2TR556</lei>
        <title>University of Massachusetts Building Authority, Series 2024-1</title>
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        <balance>7735000.00000000</balance>
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        <valUSD>8545610.98000000</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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        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
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        <balance>7075000.00000000</balance>
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        <valUSD>7713745.15000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Empire State Development Corp.</name>
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        <invCountry>US</invCountry>
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        <name>District of Columbia Water &amp; Sewer Authority</name>
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        <balance>2740000.00000000</balance>
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        <name>County of Hamilton</name>
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        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
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        <name>Port Authority of New York &amp; New Jersey</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <name>Pennsylvania Turnpike Commission</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Metropolitan Transportation Authority</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax</name>
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        <name>Onondaga County Trust for Cultural Resources</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>California Infrastructure &amp; Economic Development Bank</name>
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      <invstOrSec>
        <name>University of California</name>
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        <name>New Jersey Economic Development Authority</name>
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        <name>New York City Transitional Finance Authority Building Aid</name>
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          <isin value="US64972HZA30"/>
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        <name>University of California</name>
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          <isin value="US91412HPS66"/>
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        <name>Intermountain Power Agency</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-07-01</maturityDt>
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        <name>Dallas Fort Worth International Airport</name>
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        <fairValLevel>2</fairValLevel>
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        <name>San Diego Public Facilities Financing Authority</name>
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        <name>Long Beach Unified School District</name>
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        <name>Michigan State Building Authority</name>
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        <name>New York City Transitional Finance Authority Building Aid</name>
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        <name>New York State Thruway Authority</name>
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        <name>City of New York</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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        <name>East Bay Municipal Utility District Water System</name>
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        <name>Iowa Finance Authority</name>
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        <name>Dallas Fort Worth International Airport</name>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Hennepin</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-15</maturityDt>
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        <name>Salem-Keizer School District No. 24J</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cypress-Fairbanks Independent School District</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Texas Water Development Board</name>
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        <name>South Carolina Public Service Authority</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Triborough Bridge &amp; Tunnel Authority Sales Tax</name>
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          <isin value="US896035BZ40"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Kentucky State Property &amp; Building Commission</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York State Dormitory Authority</name>
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          <isin value="US64990AHX63"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Virginia Public Building Authority</name>
        <lei>N/A</lei>
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          <isin value="US928172Q652"/>
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        <balance>1975000.00000000</balance>
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        <valUSD>2001381.26000000</valUSD>
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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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          <isCashCollateral>N</isCashCollateral>
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        <name>State of California</name>
        <lei>N/A</lei>
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          <isin value="US13063D4D74"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Dallas Area Rapid Transit</name>
        <lei>75YWM81F2R6UQGJIEW47</lei>
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        <balance>3025000.00000000</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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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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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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      <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 2023A-1</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-08-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Hampton Roads Transportation Accountability Commission</name>
        <lei>N/A</lei>
        <title>Hampton Roads Transportation Accountability Commission, Series 2020A</title>
        <cusip>409328AR2</cusip>
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          <isin value="US409328AR23"/>
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        <balance>2000000.00000000</balance>
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        <valUSD>2010632.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>New York City Transitional Finance Authority Building Aid</name>
        <lei>N/A</lei>
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          <isin value="US64972HU428"/>
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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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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Fremont Union High School District</name>
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        <title>Fremont Union High School District, Series 2019A</title>
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        <fairValLevel>2</fairValLevel>
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        <name>New York City Municipal Water Finance Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>State of Connecticut Special Tax</name>
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        <name>Energy Northwest</name>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured</name>
        <lei>N/A</lei>
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      </invstOrSec>
      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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          <isin value="US66285WYZ30"/>
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        <curCd>USD</curCd>
        <valUSD>5097797.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Metropolitan Atlanta Rapid Transit Authority</name>
        <lei>5493006NVWO3NVLK0F49</lei>
        <title>Metropolitan Atlanta Rapid Transit Authority, Series 2024B</title>
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          <isin value="US591746BS04"/>
          <other otherDesc="Inhouse Asset ID" value="591746BS0"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5586630.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chabot-Las Positas Community College District</name>
        <lei>N/A</lei>
        <title>Chabot-Las Positas Community College District, Series 2016</title>
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          <isin value="US15722TGL98"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2031831.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chabot-Las Positas Community College District</name>
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        <title>Chabot-Las Positas Community College District, Series C</title>
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          <isin value="US15722TKU42"/>
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        <balance>4600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5212611.44000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Arizona Board of Regents</name>
        <lei>N/A</lei>
        <title>Arizona Board of Regents, Series 2024A</title>
        <cusip>040664LM4</cusip>
        <identifiers>
          <isin value="US040664LM46"/>
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        <balance>13265000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14521864.06000000</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>2054-07-01</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>
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      <invstOrSec>
        <name>New Jersey Economic Development Authority</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority, Series BBB</title>
        <cusip>64577BTQ7</cusip>
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          <isin value="US64577BTQ76"/>
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        <balance>8845000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9336987.20000000</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>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Metropolitan Transportation Authority</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>Metropolitan Transportation Authority, Series 2015F</title>
        <cusip>59261AAK3</cusip>
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          <isin value="US59261AAK34"/>
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        <balance>1150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1168525.24000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-15</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>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, Series 1998A</title>
        <cusip>649838FX2</cusip>
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          <isin value="US649838FX24"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>244741.81000000</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>5.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority, Series A</title>
        <cusip>66285WWK8</cusip>
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          <isin value="US66285WWK88"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1034484.30000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>County of Baltimore</name>
        <lei>N/A</lei>
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          <isin value="US05914F2F65"/>
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        <balance>4575000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4672035.29000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Newport Mesa Unified School District</name>
        <lei>N/A</lei>
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        <balance>13000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9275640.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>San Mateo County Community College District</name>
        <lei>N/A</lei>
        <title>San Mateo County Community College District, Series A</title>
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          <isin value="US799038DM38"/>
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        <balance>6690000.00000000</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>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>State of North Carolina</name>
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        <cusip>65829QEC4</cusip>
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        <balance>1545000.00000000</balance>
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        <valUSD>1720763.84000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Empire State Development Corp.</name>
        <lei>54930039Y2EMGXN6LM88</lei>
        <title>Empire State Development Corp., Series 2019A</title>
        <cusip>6500358E1</cusip>
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          <isin value="US6500358E11"/>
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        <balance>2300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2413256.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
        <lei>N/A</lei>
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        <cusip>13063DDW5</cusip>
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          <isin value="US13063DDW56"/>
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        <balance>1035000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1092607.07000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Los Angeles Department of Water &amp; Power Water System</name>
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          <isin value="US544525D216"/>
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        <balance>3900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4221008.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of New York</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>City of New York, Series 2020B-1</title>
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          <isin value="US64966QFH83"/>
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        <balance>1015000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1044629.37000000</valUSD>
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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>California State Public Works Board</name>
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        <name>New York City Transitional Finance Authority Building Aid</name>
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        <name>Empire State Development Corp.</name>
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        <name>Trinity River Authority Central Regional Wastewater System</name>
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        <name>Empire State Development Corp.</name>
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        <name>San Francisco City &amp; County Airport Comm-San Francisco International Airport</name>
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        <name>Indiana Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ohio Water Development Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>District of Columbia Income Tax</name>
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        <name>Cypress-Fairbanks Independent School District</name>
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        <name>City of San Jose</name>
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        <name>Los Angeles County Public Works Financing Authority</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>State of Washington</name>
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        <name>State of Wisconsin</name>
        <lei>549300VTAT608CNZ5827</lei>
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        <invCountry>US</invCountry>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>State of Connecticut</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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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax</name>
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        <name>Empire State Development Corp.</name>
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        <name>Richardson Independent School District</name>
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        <name>Dallas Area Rapid Transit</name>
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        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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        <name>Triborough Bridge &amp; Tunnel Authority Sales Tax</name>
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        <name>California State University</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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        <name>State of Maryland</name>
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          <maturityDt>2028-08-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Allegheny</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-01</maturityDt>
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      <invstOrSec>
        <name>Ohio Water Development Authority</name>
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          <maturityDt>2043-12-01</maturityDt>
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        <name>State of New Mexico</name>
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          <maturityDt>2027-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>South Carolina Public Service Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-12-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dallas Area Rapid Transit</name>
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          <isin value="US235241TE61"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>North Carolina Turnpike Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Foothill-Eastern Transportation Corridor Agency</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>County of Miami-Dade</name>
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          <isin value="US59334DJM74"/>
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        <balance>18605000.00000000</balance>
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        <valUSD>18919949.16000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>City of Houston</name>
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        <balance>1000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-11-15</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>City of New York</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-08-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Utah Transit Authority</name>
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          <isin value="US917567AR09"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-15</maturityDt>
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        <name>Las Vegas Valley Water District</name>
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        <balance>5085000.00000000</balance>
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        <name>Battery Park City Authority</name>
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        <name>Texas Water Development Board</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
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        <invCountry>US</invCountry>
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        <name>Pittsburgh Water &amp; Sewer Authority</name>
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        <name>Central Florida Expressway Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <name>Long Beach Unified School District</name>
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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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      <invstOrSec>
        <name>City of Atlanta</name>
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          <isin value="US04780MJ751"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Virginia College Building Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-02-01</maturityDt>
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          <annualizedRt>3.50000000</annualizedRt>
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        <name>New Jersey Turnpike Authority</name>
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          <isin value="US6461395Q41"/>
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        <balance>5125000.00000000</balance>
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        <valUSD>5132651.63000000</valUSD>
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        <invCountry>US</invCountry>
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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>State of Illinois</name>
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        <balance>4000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Seattle</name>
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        <balance>4570000.00000000</balance>
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        <valUSD>4583812.37000000</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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        <name>Commonwealth of Massachusetts Transportation Fund</name>
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        <balance>5000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Anchorage</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>City of Austin</name>
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          <maturityDt>2039-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>South Carolina Public Service Authority</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
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          <maturityDt>2040-12-01</maturityDt>
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        <name>Energy Northwest</name>
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        <name>New York State Dormitory Authority</name>
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        <invCountry>US</invCountry>
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        <name>Metropolitan Transportation Authority</name>
        <lei>5493000TKYODLXADQD60</lei>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>State of California</title>
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        <name>Chicago O'Hare International Airport</name>
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        <name>Foothill-De Anza Community College District</name>
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        <name>Texas Transportation Commission</name>
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        <name>State of Kansas Department of Transportation</name>
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        <name>Los Angeles Unified School District</name>
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        <name>Metropolitan Transportation Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Commonwealth of Massachusetts</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Northern California Sanitation Agencies Financing Authority</name>
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        <name>State of Connecticut Special Tax</name>
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        <name>City of Chicago</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
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        <name>California State University</name>
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        <name>East Bay Municipal Utility District Water System</name>
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        <name>Massachusetts School Building Authority</name>
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        <name>District of Columbia</name>
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        <name>Empire State Development Corp.</name>
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        <name>Empire State Development Corp.</name>
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      </invstOrSec>
      <invstOrSec>
        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
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          <isin value="US45204EY288"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3277345.80000000</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>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>San Diego Unified School District</name>
        <lei>N/A</lei>
        <title>San Diego Unified School District, Series 2023A-3</title>
        <cusip>797356JP8</cusip>
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          <isin value="US797356JP86"/>
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        <balance>15500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15635401.80000000</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>2053-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>San Diego Unified School District</name>
        <lei>N/A</lei>
        <title>San Diego Unified School District, Series G-1</title>
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          <isin value="US797356EW82"/>
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        <balance>845000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>932346.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Economic Development Authority</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority, Series 2005N-1</title>
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          <isin value="US6459165G86"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1042510.00000000</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>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>City of Philadelphia</name>
        <lei>549300IVFOPB4AG7UL47</lei>
        <title>City of Philadelphia, Series 2021A</title>
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          <isin value="US717813YX17"/>
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        <balance>6560000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7204382.24000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority, Series A</title>
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          <isin value="US66285WWL61"/>
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        <balance>11240000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11315581.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Empire State Development Corp.</name>
        <lei>54930039Y2EMGXN6LM88</lei>
        <title>Empire State Development Corp., Series 2021A</title>
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          <isin value="US64985TCJ88"/>
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        <balance>7500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7775571.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Washington Metropolitan Area Transit Authority</name>
        <lei>N/A</lei>
        <title>Washington Metropolitan Area Transit Authority, Series 2021A</title>
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          <isin value="US93878YBU29"/>
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        <balance>2250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2412094.28000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
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          <isin value="US64972GZH00"/>
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        <balance>8250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8193056.03000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>North Orange County Community College District</name>
        <lei>N/A</lei>
        <title>North Orange County Community College District, Series B</title>
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          <isin value="US661334FT40"/>
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        <balance>9325000.00000000</balance>
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        <valUSD>9450493.05000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-08-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Orlando Utilities Commission</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
        <title>Texas Water Development Board, Series 2024A</title>
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          <isin value="US88285AFS24"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of Georgia</name>
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          <isin value="US3733846W19"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>California State Public Works Board</name>
        <lei>N/A</lei>
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          <isin value="US13068LZA69"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-11-01</maturityDt>
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        <name>Commonwealth of Massachusetts</name>
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        <invCountry>US</invCountry>
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        <name>Chesapeake Bay Bridge &amp; Tunnel District</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2046-07-01</maturityDt>
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        <name>District of Columbia Water &amp; Sewer Authority</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
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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>Texas Water Development Board</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>City of Phoenix Civic Improvement Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Dallas Area Rapid Transit</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of New York</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Long Island Power Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-09-01</maturityDt>
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        <name>Metropolitan Council</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-01</maturityDt>
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        <name>State of Kansas Department of Transportation</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority</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>Los Angeles Unified 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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        <name>New York City Municipal Water Finance Authority</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>Maine Turnpike Authority</name>
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        <name>City of Riverside</name>
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        <name>Triborough Bridge &amp; Tunnel Authority Sales Tax</name>
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        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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        <name>City of Alexandria</name>
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        <name>Waco Educational Finance Corp.</name>
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        <name>Empire State Development Corp.</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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          <maturityDt>2035-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Michigan State Building Authority</name>
        <lei>N/A</lei>
        <title>Michigan State Building Authority, Series 2015I</title>
        <cusip>594615BV7</cusip>
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          <isin value="US594615BV76"/>
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        <curCd>USD</curCd>
        <valUSD>7309682.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Long Island Power Authority</name>
        <lei>1R46U5SYJ63KQXF39168</lei>
        <title>Long Island Power Authority, Series 2024A</title>
        <cusip>542691JW1</cusip>
        <identifiers>
          <isin value="US542691JW16"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4480674.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-09-01</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="US64990GB505"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1519171.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Harris County-Houston Sports Authority</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US413890EV23"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>576376.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-11-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California Statewide Communities Development Authority</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority, Series 2017</title>
        <cusip>13078RHE3</cusip>
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          <isin value="US13078RHE36"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>512758.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>University of Utah (The)</name>
        <lei>N/A</lei>
        <title>University of Utah (The), Series 2022A</title>
        <cusip>915183X93</cusip>
        <identifiers>
          <isin value="US915183X932"/>
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        <balance>12000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11990077.20000000</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>2051-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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 Fairfax</name>
        <lei>N/A</lei>
        <title>County of Fairfax, Series 2024A</title>
        <cusip>303867NH4</cusip>
        <identifiers>
          <isin value="US303867NH48"/>
          <other otherDesc="Inhouse Asset ID" value="303867NH4"/>
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        <balance>6320000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7004067.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-15</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 Future Tax Secured</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority Future Tax Secured, Series C</title>
        <cusip>64971WYE4</cusip>
        <identifiers>
          <isin value="US64971WYE47"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1018333.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</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 2018C</title>
        <cusip>29270CZ24</cusip>
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          <isin value="US29270CZ249"/>
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        <balance>1050000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1125852.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of North Carolina</name>
        <lei>N/A</lei>
        <title>State of North Carolina, Series 2013C</title>
        <cusip>658256R79</cusip>
        <identifiers>
          <isin value="US658256R798"/>
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        <balance>14290000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14411625.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Georgia Ports Authority</name>
        <lei>N/A</lei>
        <title>Georgia Ports Authority, Series 2022</title>
        <cusip>373586HV1</cusip>
        <identifiers>
          <isin value="US373586HV17"/>
          <other otherDesc="Inhouse Asset ID" value="373586HV1"/>
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        <balance>12360000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>12425065.51000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>West Rankin Utility Authority</name>
        <lei>N/A</lei>
        <title>West Rankin Utility Authority, Series 2018</title>
        <cusip>955525BY5</cusip>
        <identifiers>
          <isin value="US955525BY59"/>
          <other otherDesc="Inhouse Asset ID" value="955525BY5"/>
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        <balance>13500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14444946.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority, Series 2021B</title>
        <cusip>66285WF68</cusip>
        <identifiers>
          <isin value="US66285WF688"/>
          <other otherDesc="Inhouse Asset ID" value="66285WF68"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2052740.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kentucky State Property &amp; Building Commission</name>
        <lei>N/A</lei>
        <title>Kentucky State Property &amp; Building Commission, Series A</title>
        <cusip>49151F4K3</cusip>
        <identifiers>
          <isin value="US49151F4K30"/>
          <other otherDesc="Inhouse Asset ID" value="49151F4K3"/>
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        <balance>2140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2372822.80000000</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>2044-10-01</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>State of Georgia</name>
        <lei>N/A</lei>
        <title>State of Georgia, Series 2019A</title>
        <cusip>373385EF6</cusip>
        <identifiers>
          <isin value="US373385EF62"/>
          <other otherDesc="Inhouse Asset ID" value="373385EF6"/>
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        <balance>5180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5677773.14000000</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>2031-07-01</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>State of California</name>
        <lei>N/A</lei>
        <title>State of California</title>
        <cusip>13063DH27</cusip>
        <identifiers>
          <isin value="US13063DH275"/>
          <other otherDesc="Inhouse Asset ID" value="13063DH27"/>
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        <balance>3935000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4278436.18000000</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>2028-10-01</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>Energy Northwest</name>
        <lei>N/A</lei>
        <title>Energy Northwest, Series 2018C</title>
        <cusip>29270C2F1</cusip>
        <identifiers>
          <isin value="US29270C2F12"/>
          <other otherDesc="Inhouse Asset ID" value="29270C2F1"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1057403.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Michigan Finance Authority</name>
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          <isin value="US59447TFF57"/>
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        <valUSD>2620216.56000000</valUSD>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>North Carolina Turnpike Authority</name>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Department of Transportation State Highway Fund</name>
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        <valUSD>5004666.47000000</valUSD>
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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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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ventura County Community College District</name>
        <lei>N/A</lei>
        <title>Ventura County Community College District, Series 2008C</title>
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          <isin value="US923040DG12"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>State of California</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of Ohio</name>
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          <isin value="US6775227W81"/>
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        <balance>7670000.00000000</balance>
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        <valUSD>8477939.39000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>University of California</name>
        <lei>N/A</lei>
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          <isin value="US91412HGV96"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Illinois</name>
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          <isin value="US452153FG96"/>
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        <balance>3190000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-05-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Orlando Utilities Commission</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Kentucky State Property &amp; Building Commission</name>
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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>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>City of New York</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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          <isin value="US64966MPD55"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Maryland</name>
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          <isin value="US574193QP61"/>
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        <balance>4905000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Illinois Sales Tax</name>
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          <isin value="US452227UE91"/>
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          <maturityDt>2029-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>North Texas Tollway Authority</name>
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          <maturityDt>2037-01-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Arizona Water Infrastructure Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US040688MR18"/>
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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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>San Joaquin Hills Transportation Corridor Agency</name>
        <lei>N/A</lei>
        <title>San Joaquin Hills Transportation Corridor Agency, Series 2021A</title>
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          <isin value="US798111GS31"/>
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        <balance>3415000.00000000</balance>
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        <name>Metropolitan Transportation Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pennsylvania Turnpike Commission</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Maryland</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-15</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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          <isin value="US64990FKN32"/>
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        <balance>1200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1303029.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Port Authority of New York &amp; New Jersey</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-10-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Connecticut</name>
        <lei>N/A</lei>
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          <isin value="US20772KRS05"/>
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        <curCd>USD</curCd>
        <valUSD>701686.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>South Carolina Public Service Authority</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
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          <isin value="US837151ZZ51"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9675958.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of Connecticut</name>
        <lei>N/A</lei>
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        <valUSD>2324463.26000000</valUSD>
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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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        <name>Empire State Development Corp.</name>
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          <isin value="US650036CB05"/>
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        <balance>26835000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>North Carolina Turnpike Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Georgia</name>
        <lei>N/A</lei>
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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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        <name>City &amp; County of Denver</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Georgia</name>
        <lei>N/A</lei>
        <title>State of Georgia, Series 2021A</title>
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        <balance>30000000.00000000</balance>
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        <valUSD>31916982.00000000</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>4.00000000</annualizedRt>
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        <name>San Francisco City &amp; County Airport Comm-San Francisco International Airport</name>
        <lei>54930055TIDYHNDP4F84</lei>
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        <cusip>79766DTU3</cusip>
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        <balance>3000000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Minnesota</name>
        <lei>N/A</lei>
        <title>State of Minnesota, Series 2021A</title>
        <cusip>60412AWJ8</cusip>
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        <balance>8540000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Port Authority of New York &amp; New Jersey</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>Port Authority of New York &amp; New Jersey, Series 243</title>
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          <isin value="US73358XKV37"/>
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        <balance>3000000.00000000</balance>
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        <valUSD>3336377.70000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Clackamas County School District No. 12 North Clackamas</name>
        <lei>N/A</lei>
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          <isin value="US179093JM21"/>
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        <balance>1480000.00000000</balance>
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        <valUSD>1545498.14000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>New York City Municipal Water Finance Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>City of Westminster Water &amp; Wastewater Utility Revenue</name>
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        <name>City of New York</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-08-01</maturityDt>
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        <name>Oregon State Lottery</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Empire State Development Corp.</name>
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        <invCountry>US</invCountry>
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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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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Los Angeles Department of Water &amp; Power</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 California</name>
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        <name>Oklahoma City Water Utilities Trust</name>
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        <name>City of Columbus</name>
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        <name>Kentucky State Property &amp; Building Commission</name>
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        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>City of San Antonio</name>
        <lei>549300S7VENCVRZAA322</lei>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>State of California</name>
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        <name>Garland Independent School District</name>
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        <name>University of California</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>Utility Debt Securitization Authority</name>
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      <invstOrSec>
        <name>Georgia Ports Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Garland</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>District of Columbia</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Massachusetts Transportation Trust Fund Metropolitan Highway System</name>
        <lei>N/A</lei>
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          <isin value="US57563CEP32"/>
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        <valUSD>1666503.39000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Los Angeles Community College District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Illinois</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <fairValLevel>2</fairValLevel>
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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>2031-10-01</maturityDt>
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        <fairValLevel>2</fairValLevel>
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        <name>Conroe Independent School District</name>
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        <name>Timpanogos Special Service District</name>
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        <name>State of Oregon</name>
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        <name>State of California</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax</name>
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        <name>City of New York</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Austin Independent School District</name>
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        <name>Pennsylvania State University (The)</name>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>New York Convention Center Development Corp.</name>
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        <name>South Carolina Public Service Authority</name>
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        <name>Cedar Hill Independent School District</name>
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        <name>State of Louisiana</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Washington</name>
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        <valUSD>16921941.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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        <invCountry>US</invCountry>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York Power Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-11-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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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>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>16500000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
        <title>Texas Water Development Board, Series 2021</title>
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          <isin value="US8828546U17"/>
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        <balance>1310000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Shelby</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Dallas</name>
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        <valUSD>2595428.00000000</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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        <name>New York State Dormitory Authority</name>
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        <name>Dallas Independent School District</name>
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        <name>Texas Water Development Board</name>
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          <maturityDt>2028-10-01</maturityDt>
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        <name>State of Mississippi</name>
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        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
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        <invCountry>US</invCountry>
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        <name>San Antonio Water System</name>
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        <name>State of Connecticut</name>
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      <invstOrSec>
        <name>Missouri Highway &amp; Transportation Commission</name>
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        <name>Intermountain Power Agency</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>City &amp; County Honolulu Wastewater System Revenue</name>
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        <name>Macon Water Authority</name>
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        <name>Bay Area Toll Authority</name>
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        <name>State of Illinois</name>
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        <name>Pennsylvania Turnpike Commission</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
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        <name>District of Columbia</name>
        <lei>549300HWFOZXPKGOX654</lei>
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      <invstOrSec>
        <name>Virginia Public School Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Metropolitan Transportation Authority Dedicated Tax Fund</name>
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          <isin value="US59259N3K74"/>
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        <valUSD>15493470.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dallas Fort Worth International Airport</name>
        <lei>N/A</lei>
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        <valUSD>5391460.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
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          <isin value="US93974EUX20"/>
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        <balance>1840000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Connecticut</name>
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          <isin value="US20772KHZ57"/>
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        <balance>4000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-01-15</maturityDt>
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        <name>Idaho State Building Authority</name>
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        <balance>3560000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Washington</name>
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        <balance>4000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Commonwealth of Pennsylvania</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Municipal Water Finance Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Long Island Power Authority</name>
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        <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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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Port Authority of New York &amp; New Jersey</name>
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        <name>State of Louisiana Gasoline &amp; Fuels Tax</name>
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        <invCountry>US</invCountry>
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        <name>E-470 Public Highway Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Montgomery</name>
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        <invCountry>US</invCountry>
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        <name>City of New York</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>California State Public Works Board</name>
        <lei>N/A</lei>
        <title>California State Public Works Board, Series 2022D</title>
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        <name>State of Washington</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Santa Clara</name>
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          <maturityDt>2037-08-01</maturityDt>
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        <name>New York State Thruway Authority</name>
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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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        <name>North Texas Tollway Authority</name>
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        <name>University of Nebraska Facilities Corp. (The)</name>
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        <name>JEA Electric System Revenue</name>
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        <name>Indiana Finance Authority</name>
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        <name>City of New York</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>State of Utah</name>
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        <name>State of Maryland</name>
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      <invstOrSec>
        <name>District of Columbia Income Tax</name>
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          <isin value="US25477GWA92"/>
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        <fairValLevel>2</fairValLevel>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Los Angeles Department of Airports</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Georgia</name>
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          <isin value="US373385ME06"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Turnpike Authority</name>
        <lei>5493005YN67D71KSMI84</lei>
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          <isin value="US646140ET61"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
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          <isin value="US64990AMP74"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Virginia College Building Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>West Valley-Mission Community College District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Turnpike Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>JEA Water &amp; Sewer System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>District of Columbia</name>
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        <name>State of Connecticut Special Tax</name>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <name>Port Authority of New York &amp; New Jersey</name>
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        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
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        <name>Lodi Unified School District</name>
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        <name>State of California</name>
        <lei>N/A</lei>
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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>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-03-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Central Texas Turnpike System</name>
        <lei>N/A</lei>
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          <isin value="US88283KCH95"/>
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        <balance>2750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3025612.15000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Utility Debt Securitization Authority</name>
        <lei>N/A</lei>
        <title>Utility Debt Securitization Authority, Series 2023TE-1</title>
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          <isin value="US91802RGJ23"/>
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        <valUSD>3242391.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Permanent University Fund - University of Texas System</name>
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          <isin value="US9151154E65"/>
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        <balance>2700000.00000000</balance>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Port Authority of New York &amp; New Jersey</name>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Utility Debt Securitization Authority</name>
        <lei>N/A</lei>
        <title>Utility Debt Securitization Authority, Series 2016A</title>
        <cusip>91802RCH0</cusip>
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          <isin value="US91802RCH03"/>
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        <balance>9460000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-12-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
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          <isin value="US45204EYB81"/>
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        <balance>1585000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Los Angeles Unified School District</name>
        <lei>N/A</lei>
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        <balance>3610000.00000000</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>Metropolitan Washington Airports Authority Dulles Toll Road</name>
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          <isin value="US592643BD11"/>
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        <balance>13940000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>University of California</name>
        <lei>N/A</lei>
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        <name>State of Mississippi</name>
        <lei>549300JRWW5RFQUB7P94</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
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        <name>State of Washington</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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      <invstOrSec>
        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
        <title>Texas Water Development Board, Series 2021</title>
        <cusip>8828546S6</cusip>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of Connecticut</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
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          <isin value="US45506DYX73"/>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Fairfax</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-07-15</maturityDt>
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        <name>San Diego Unified School District</name>
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          <isin value="US797356EM01"/>
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        <name>State of Georgia</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-01</maturityDt>
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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>2049-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Haven Unified School District</name>
        <lei>N/A</lei>
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          <isin value="US645002G753"/>
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        <balance>6060000.00000000</balance>
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        <valUSD>5053035.25000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-08-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>Metropolitan Water District of Southern California</name>
        <lei>5493003GD0S0P56RLT45</lei>
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        <cusip>59266TSQ5</cusip>
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          <isin value="US59266TSQ57"/>
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        <balance>2520000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2794671.43000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Port Authority of New York &amp; New Jersey</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>Port Authority of New York &amp; New Jersey, Series 213</title>
        <cusip>73358W2V5</cusip>
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          <isin value="US73358W2V59"/>
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        <balance>3100000.00000000</balance>
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        <valUSD>3357746.40000000</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>2036-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Glendale Unified School District</name>
        <lei>N/A</lei>
        <title>Glendale Unified School District, Series 2015B</title>
        <cusip>378460VV8</cusip>
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          <isin value="US378460VV84"/>
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        <balance>1650000.00000000</balance>
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        <valUSD>1666025.13000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-09-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>University of California</name>
        <lei>N/A</lei>
        <title>University of California, Series 2015AO</title>
        <cusip>91412GVV4</cusip>
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          <isin value="US91412GVV49"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5049939.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of Minnesota</name>
        <lei>N/A</lei>
        <title>State of Minnesota, Series 2019A</title>
        <cusip>60412AQV8</cusip>
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          <isin value="US60412AQV88"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11053356.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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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 2016E-1</title>
        <cusip>64971WD31</cusip>
        <identifiers>
          <isin value="US64971WD318"/>
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        <balance>5135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5214759.90000000</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>2037-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Colorado Springs Utilities System</name>
        <lei>2549003N3PXBHQH2V448</lei>
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        <cusip>196632BK8</cusip>
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          <isin value="US196632BK80"/>
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        <balance>11780000.00000000</balance>
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        <valUSD>11780000.00000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.79999882</annualizedRt>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority, Series A</title>
        <cusip>66285WWC6</cusip>
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          <isin value="US66285WWC62"/>
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        <balance>15615000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Commonwealth of Pennsylvania</name>
        <lei>N/A</lei>
        <title>Commonwealth of Pennsylvania, Series 2022-1</title>
        <cusip>70914PZ47</cusip>
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          <isin value="US70914PZ473"/>
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        <balance>34375000.00000000</balance>
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        <valUSD>38540019.38000000</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>2040-10-01</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 Future Tax Secured</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority Future Tax Secured, Series 2015C</title>
        <cusip>64971WPE4</cusip>
        <identifiers>
          <isin value="US64971WPE48"/>
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          <isin value="US64990FGF53"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Metropolitan Water Reclamation District of Greater Chicago</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Indiana Municipal Power Agency</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Los Angeles County Public Works Financing Authority</name>
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          <isin value="US54473EYM01"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Conroe Independent 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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          <maturityDt>2038-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Commonwealth of Massachusetts</name>
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          <isin value="US57582RQJ85"/>
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        <balance>4870000.00000000</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>Los Angeles Unified School District</name>
        <lei>N/A</lei>
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        <balance>1410000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City &amp; County of Denver</name>
        <lei>MMTY7HA2MSCBUO4F7J71</lei>
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          <isin value="US249164QS62"/>
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        <balance>16500000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>California State University</name>
        <lei>N/A</lei>
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        <cusip>13077C4C5</cusip>
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        <balance>8100000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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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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          <maturityDt>2053-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>California Educational Facilities Authority</name>
        <lei>N/A</lei>
        <title>California Educational Facilities Authority, Series T-1</title>
        <cusip>130178JD9</cusip>
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          <isin value="US130178JD98"/>
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        <balance>1025000.00000000</balance>
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        <valUSD>1265530.70000000</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>2039-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Port Authority of New York &amp; New Jersey</name>
        <lei>54930006MR4KZ4W74Z83</lei>
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          <isin value="US73358XBM39"/>
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        <balance>3850000.00000000</balance>
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        <valUSD>3930078.08000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-07-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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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>64990FPR9</cusip>
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          <isin value="US64990FPR90"/>
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        <balance>2000000.00000000</balance>
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        <valUSD>2051302.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-02-15</maturityDt>
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          <annualizedRt>4.00000000</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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        <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>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois, Series 2024B</title>
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          <isin value="US452153KB45"/>
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        <balance>2385000.00000000</balance>
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        <valUSD>2629983.15000000</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>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of San Antonio</name>
        <lei>5493002G2FEH20Q4GQ04</lei>
        <title>City of San Antonio Electric &amp; Gas Systems, Series 2024D</title>
        <cusip>79625GLM3</cusip>
        <identifiers>
          <isin value="US79625GLM32"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3383498.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-02-01</maturityDt>
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        <name>Clark County School District</name>
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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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        <curCd>USD</curCd>
        <valUSD>7925398.78000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>North Carolina Turnpike Authority</name>
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          <isin value="US65830RCZ01"/>
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        <curCd>USD</curCd>
        <valUSD>3769755.15000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Pennsylvania Turnpike Commission</name>
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        <balance>14595000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14671203.41000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Miracosta Community College District</name>
        <lei>N/A</lei>
        <title>Miracosta Community College District, Series B</title>
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          <isin value="US604617CA67"/>
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        <balance>17405000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17658470.76000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-08-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>West Virginia Parkways Authority</name>
        <lei>N/A</lei>
        <title>West Virginia Parkways Authority, Series 2021</title>
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          <isin value="US956510BY62"/>
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        <balance>3500000.00000000</balance>
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        <valUSD>3754437.75000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Delaware</name>
        <lei>N/A</lei>
        <title>State of Delaware, Series 2018A</title>
        <cusip>246381MW4</cusip>
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          <isin value="US246381MW48"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4224769.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pennsylvania Higher Educational Facilities Authority</name>
        <lei>N/A</lei>
        <title>Pennsylvania Higher Educational Facilities Authority, Series 2018A</title>
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          <isin value="US70917S4A80"/>
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        <balance>14040000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14581250.42000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-02-15</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 2022C</title>
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          <isin value="US650028ZP10"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5381779.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>District of Columbia Income Tax</name>
        <lei>N/A</lei>
        <title>District of Columbia Income Tax, Series 2023A</title>
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          <isin value="US25477GVV49"/>
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        <balance>3000000.00000000</balance>
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        <valUSD>3423538.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>State of California</title>
        <cusip>13063CR85</cusip>
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          <isin value="US13063CR854"/>
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        <balance>6210000.00000000</balance>
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        <valUSD>6453549.37000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>South Carolina Transportation Infrastructure Bank</name>
        <lei>549300YI1NMCP4VLJN43</lei>
        <title>South Carolina Transportation Infrastructure Bank, Series 2012B</title>
        <cusip>837152SU2</cusip>
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          <isin value="US837152SU21"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>1000093.50000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>State of Minnesota</name>
        <lei>N/A</lei>
        <title>State of Minnesota, Series 2021B</title>
        <cusip>60412AXA6</cusip>
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          <isin value="US60412AXA68"/>
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        <balance>3000000.00000000</balance>
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        <valUSD>3049093.20000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
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          <isin value="US64972GRW68"/>
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        <balance>5750000.00000000</balance>
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        <valUSD>6068462.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-06-15</maturityDt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <isin value="US64990FJL94"/>
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        <balance>950000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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          <isin value="US66285WCA27"/>
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        <balance>14800000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Utility Debt Securitization Authority</name>
        <lei>N/A</lei>
        <title>Utility Debt Securitization Authority, Series 2023TE-1</title>
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        <identifiers>
          <isin value="US91802RGK95"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1636220.10000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <name>New York Power Authority</name>
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        <name>Massachusetts Bay Transportation Authority Sales Tax</name>
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        <name>Pierce County School District No. 403 Bethel</name>
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        <name>Washington Metropolitan Area Transit Authority</name>
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        <name>North Texas Tollway Authority</name>
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        <name>New York Power Authority</name>
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        <name>City of New York</name>
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        <name>City of New York</name>
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        <name>Idaho Housing &amp; Finance Association</name>
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      <invstOrSec>
        <name>City of Chicago Waterworks Revenue</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax</name>
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        <name>Gilbert Water Resource Municipal Property Corp.</name>
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        <name>Grayson County Junior College District/TX</name>
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        <name>State of Delaware</name>
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        <name>City of Phoenix Civic Improvement Corp.</name>
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        <name>California Infrastructure &amp; Economic Development Bank</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Illinois State Toll Highway Authority</name>
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        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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        <name>Los Angeles Unified School District</name>
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        <name>City of New York</name>
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        <name>South Carolina Public Service Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Texas State University System</name>
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          <isin value="US88278PH646"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>University of California</name>
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          <isin value="US91412HJF10"/>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Anne Arundel</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Washington</name>
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      <invstOrSec>
        <name>Southwestern Community College District</name>
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          <isin value="US845389EX97"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Battery Park City Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of California</name>
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        <name>City of Long Beach</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Omaha Public Power District Nebraska City Station Unit 2</name>
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        <invCountry>US</invCountry>
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        <name>State of California Department of Water Resources</name>
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        <name>Michigan State University</name>
        <lei>N/A</lei>
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        <name>Los Angeles County Facilities, Inc.</name>
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        <name>Commonwealth of Massachusetts</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>California State University</name>
        <lei>N/A</lei>
        <title>California State University, Series 2016A</title>
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        <name>State of Washington</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
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        <name>New York State Environmental Facilities Corp.</name>
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      <invstOrSec>
        <name>Los Angeles Unified School District</name>
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        <name>Los Angeles Unified School 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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          <maturityDt>2042-07-01</maturityDt>
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        <name>State of Mississippi</name>
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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>State of Maryland</name>
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        <balance>5000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <name>Clark County School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Miami-Dade County Expressway Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-10-01</maturityDt>
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        <name>Fremont Union High School District</name>
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        <name>North Texas Tollway Authority</name>
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        <name>Illinois Finance Authority</name>
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        <invCountry>US</invCountry>
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        <name>Commonwealth of Massachusetts</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>
        <lei>N/A</lei>
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        <balance>5265000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Virginia College Building Authority</name>
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        <name>State of Connecticut</name>
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        <name>West Virginia Commissioner of Highways</name>
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      <invstOrSec>
        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax</name>
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      <invstOrSec>
        <name>County of Miami-Dade</name>
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      <invstOrSec>
        <name>Kentucky State Property &amp; Building Commission</name>
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          <isin value="US49151F4C14"/>
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        <fairValLevel>2</fairValLevel>
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        <name>University of Colorado</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-06-01</maturityDt>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>Port Authority of New York &amp; New Jersey</name>
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        <name>Commonwealth of Pennsylvania</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>City of Houston</name>
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        <name>Missouri Highway &amp; Transportation Commission</name>
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        <title>Missouri Highway &amp; Transportation Commission, Series 2023A</title>
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        <name>East Bay Municipal Utility District Water System</name>
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        <name>State of Illinois</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Metropolitan St Louis Sewer District</name>
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        <name>Pennsylvania Turnpike Commission Oil Franchise Tax</name>
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        <name>Clear Creek Independent School District</name>
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        <name>Philadelphia Gas Works Co.</name>
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        <name>Ohio State University (The)</name>
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        <name>County of Franklin</name>
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        <name>State of California</name>
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        <name>JEA Electric System Revenue</name>
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        <name>Board of Regents of the University of Texas System</name>
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        <name>University of Alabama (The)</name>
        <lei>N/A</lei>
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        <name>Los Angeles Department of Water &amp; Power Water System</name>
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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>District of Columbia</name>
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        <name>University of Massachusetts Building Authority</name>
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        <name>Empire State Development Corp.</name>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>Dallas Fort Worth International Airport</name>
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        <name>Energy Northwest</name>
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        <name>Long Beach Community College District</name>
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        <name>Empire State Development Corp.</name>
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        <name>California State Public Works Board</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>Los Angeles Unified School District</name>
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        <name>State of Georgia</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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          <isin value="US73358XLD20"/>
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      <invstOrSec>
        <name>Alameda Corridor Transportation Authority</name>
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          <isin value="US010869JN60"/>
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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>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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          <maturityDt>2031-04-01</maturityDt>
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        <name>District of Columbia</name>
        <lei>549300HWFOZXPKGOX654</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Klein Independent School District</name>
        <lei>N/A</lei>
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        <name>Illinois Finance Authority</name>
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        <name>City of Houston Combined Utility System</name>
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        <name>New York City Municipal Water Finance Authority</name>
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          <maturityDt>2037-06-15</maturityDt>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
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        <name>New York State Thruway Authority</name>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2038-01-01</maturityDt>
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        <name>Empire State Development Corp.</name>
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        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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        <name>Grand Parkway Transportation Corp.</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>State of Wisconsin</name>
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      <invstOrSec>
        <name>Sales Tax Securitization Corp.</name>
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        <name>Empire State Development Corp.</name>
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        <name>New York City Transitional Finance Authority</name>
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        <name>Michigan State University</name>
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        <name>City &amp; County of Honolulu</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>State of Texas</name>
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        <name>Dallas Independent School District</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>New York City Municipal Water Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>San Diego Unified School District</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>Central Florida Expressway Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of New York</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-01</maturityDt>
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        <name>Georgia Ports Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Private Colleges &amp; Universities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Central Puget Sound Regional Transit Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Board of Regents of the University of Texas System</name>
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        <name>Contra Costa Water District</name>
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        <name>City of New York</name>
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        <name>City of Seattle</name>
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        <name>Washington Metropolitan Area Transit Authority Dedicated</name>
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        <name>New York City Transitional Finance Authority</name>
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        <name>Comal Independent School District</name>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Commonwealth of Massachusetts</name>
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        <name>Escondido Union High School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>University of California</name>
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          <isin value="US59334DLT99"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>East Bay Municipal Utility District Water System</name>
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        <name>North Texas Tollway Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Municipal Water Finance Authority</name>
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        <cusip>64972GYG3</cusip>
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          <isin value="US64972GYG36"/>
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        <balance>12505000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of Hawaii Airports System</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Texas Water Development Board</name>
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        <fairValLevel>2</fairValLevel>
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        <name>District of Columbia Income Tax</name>
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        <name>Metropolitan Transportation Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-15</maturityDt>
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        <name>Commonwealth of Massachusetts</name>
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        <name>San Diego Unified School District</name>
        <lei>N/A</lei>
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        <name>State of Washington</name>
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        <name>Port Authority of New York &amp; New Jersey</name>
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        <name>City of Phoenix Civic Improvement Corp.</name>
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        <name>Central Florida Expressway Authority</name>
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        <name>University of California</name>
        <lei>N/A</lei>
        <title>University of California, Series 2017AV</title>
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        <name>Tampa Bay Water</name>
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        <name>District of Columbia Income Tax</name>
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      <invstOrSec>
        <name>City of Phoenix Civic Improvement Corp.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Central Florida Expressway Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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          <maturityDt>2052-05-15</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Macon Water Authority</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>State of Delaware</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Maryland Department of Transportation</name>
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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>State of Connecticut Special Tax</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-05-01</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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          <isin value="US64971XU559"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
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        <balance>7280000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-01</maturityDt>
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        <name>City of San Antonio</name>
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          <maturityDt>2044-02-01</maturityDt>
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        <name>Illinois State Toll Highway Authority</name>
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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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        <name>Austin Independent School District</name>
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        <name>California Educational Facilities Authority</name>
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        <name>New Jersey Economic Development Authority</name>
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        <name>American Municipal Power, Inc.</name>
        <lei>EARKGGZJJEMVD66XQ486</lei>
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        <invCountry>US</invCountry>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>City of Seattle</name>
        <lei>N/A</lei>
        <title>City of Seattle, Series 2021A</title>
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        <name>San Diego County Regional Transportation Commission</name>
        <lei>W4FR340A6EQ2SSI17B56</lei>
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        <name>Long Island Power Authority</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 California</name>
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        <name>Grand Parkway Transportation Corp.</name>
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        <name>Commonwealth of Massachusetts Transportation Fund</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Las Vegas Valley Water District</name>
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        <name>New York State Dormitory Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Chesapeake Bay Bridge &amp; Tunnel District</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>City of New York</name>
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        <name>Triborough Bridge &amp; Tunnel Authority Sales Tax</name>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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        <name>Central Puget Sound Regional Transit Authority</name>
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        <name>State of Louisiana Gasoline &amp; Fuels Tax</name>
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        <name>Maryland Stadium Authority</name>
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        <name>City of Houston TX Combined Utility System Revenue</name>
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        <name>City &amp; County of Honolulu</name>
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        <name>Central Florida Expressway Authority</name>
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        <name>State of Delaware</name>
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        <name>San Diego Unified School District</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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        <name>Georgia Ports Authority</name>
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        <name>New York State Dormitory Authority</name>
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        <name>State of West Virginia</name>
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        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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        <name>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
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          <isin value="US677523AW21"/>
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        <invCountry>US</invCountry>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lewisville Independent School District</name>
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          <isCashCollateral>N</isCashCollateral>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Transportation Commission</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Dallas Fort Worth International Airport</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Massachusetts Development Finance Agency</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Newport Mesa Unified School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Georgia State Road &amp; Tollway Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
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        <name>State of North Carolina</name>
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        <name>San Diego Unified School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Illinois State Toll Highway Authority</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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        <name>City of Phoenix Civic Improvement Corp.</name>
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        <name>State of California</name>
        <lei>N/A</lei>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>Chicago Transit Authority Sales Tax Receipts Fund</name>
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        <name>New York State Environmental Facilities Corp.</name>
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        <name>Houston Independent School District</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax</name>
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        <name>Virginia Port Authority Commonwealth Port Fund</name>
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        <name>State of Connecticut Special Tax</name>
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        <name>Metropolitan Washington Airports Authority Dulles Toll Road</name>
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        <name>Georgia Ports Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>New York State Thruway Authority</name>
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        <name>City of Philadelphia PA Water &amp; Wastewater Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>North Texas Tollway Authority</name>
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        <name>Metropolitan Transportation Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Texas State University System</name>
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        <lei>N/A</lei>
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          <isin value="US45884AB770"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Central Texas Turnpike System</name>
        <lei>N/A</lei>
        <title>Central Texas Turnpike System, Series 2024A</title>
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          <isin value="US88283KBU16"/>
          <other otherDesc="Inhouse Asset ID" value="88283KBU1"/>
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        <balance>19075000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Metropolitan Transportation Authority Dedicated Tax Fund</name>
        <lei>5493000TKYODLXADQD60</lei>
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          <isin value="US59260XAR98"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5100576.50000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bay Area Toll Authority</name>
        <lei>5493001FUZGUQMIP5D78</lei>
        <title>Bay Area Toll Authority, Series 2017S-7</title>
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          <isin value="US072024VP49"/>
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        <balance>4500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4524843.60000000</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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          <maturityDt>2042-04-01</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
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          <isin value="US677581GX23"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-15</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>California State University</name>
        <lei>N/A</lei>
        <title>California State University, Series 2020C</title>
        <cusip>13077DMD1</cusip>
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          <isin value="US13077DMD11"/>
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        <balance>19940000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20168460.56000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>State of Oregon Department of Transportation</name>
        <lei>N/A</lei>
        <title>State of Oregon Department of Transportation, Series 2019A</title>
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          <isin value="US68607DUH69"/>
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        <balance>1030000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1124382.40000000</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>2035-11-15</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Metropolitan Transportation Authority</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>Metropolitan Transportation Authority, Series A-1</title>
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          <isin value="US59261ACW53"/>
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        <balance>4525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4573156.41000000</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>2056-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>California State University</name>
        <lei>N/A</lei>
        <title>California State University, Series 2023A</title>
        <cusip>13077DSX1</cusip>
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          <isin value="US13077DSX11"/>
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        <balance>1840000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2097184.53000000</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>2048-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Connecticut</name>
        <lei>N/A</lei>
        <title>State of Connecticut, Series 2022F</title>
        <cusip>20772KSQ3</cusip>
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          <isin value="US20772KSQ30"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1127801.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Santa Clara</name>
        <lei>254900JSVO2QQ5A3DV83</lei>
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          <isin value="US801546SD56"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4670012.80000000</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>2034-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Metropolitan Transportation Authority</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>Metropolitan Transportation Authority, Series A-1</title>
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          <isin value="US59259Y3V94"/>
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        <balance>3105000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of New York</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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          <isin value="US64966SCS32"/>
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        <balance>35180000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>King &amp; Snohomish Counties School District No. 417 Northshore</name>
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          <isin value="US494656T843"/>
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        <valUSD>1063273.90000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-12-01</maturityDt>
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      <invstOrSec>
        <name>District of Columbia Income Tax</name>
        <lei>N/A</lei>
        <title>District of Columbia Income Tax, Series 2020A</title>
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          <isin value="US25477GRQ00"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Georgia Ports Authority</name>
        <lei>N/A</lei>
        <title>Georgia Ports Authority, Series 2022</title>
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          <isin value="US373586HU34"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1089769.90000000</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>2047-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>E-470 Public Highway Authority</name>
        <lei>549300164ZV2301BC703</lei>
        <title>E-470 Public Highway Authority, Series 2004A</title>
        <cusip>26822LEN0</cusip>
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          <isin value="US26822LEN01"/>
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        <balance>12900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11453315.31000000</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>2028-09-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <name>University of Massachusetts Building Authority</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>Aldine Independent School District</name>
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        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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        <name>New York State Environmental Facilities Corp.</name>
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        <name>Austin Independent School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>University of Massachusetts Building Authority</name>
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        <name>County of Hays</name>
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        <name>Empire State Development Corp.</name>
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      <invstOrSec>
        <name>Houston Higher Education Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Utah</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>San Francisco City &amp; County Airport Comm-San Francisco International Airport</name>
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        <cusip>79766DSC4</cusip>
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          <isin value="US79766DSC47"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Energy Northwest</name>
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          <isin value="US29270C4F93"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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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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        <name>Dallas Fort Worth International Airport</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-01</maturityDt>
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        <name>Texas Water Development Board</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>New York State Environmental Facilities Corp.</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>State of North Carolina</name>
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        <name>City &amp; County Honolulu Wastewater System Revenue</name>
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        <name>State of Michigan Trunk Line</name>
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          <maturityDt>2044-11-15</maturityDt>
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        <name>Port Authority of New York &amp; New Jersey</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Alabama Public School and College Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>State of Georgia</name>
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          <isin value="US373385JY07"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-01</maturityDt>
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      <invstOrSec>
        <name>Augusta GA Water &amp; Sewer Revenue</name>
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          <isin value="US051249LL22"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Energy Northwest</name>
        <lei>N/A</lei>
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          <isin value="US29270C4M45"/>
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        <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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        <name>Tyler Independent School District</name>
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          <isin value="US902273XQ91"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-02-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of Maryland</name>
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        <title>State of Maryland, Series 2019-1</title>
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          <isin value="US574193RG53"/>
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        <balance>3270000.00000000</balance>
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        <valUSD>3570010.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Jacksonville</name>
        <lei>549300XQE0JVN9WV0J40</lei>
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          <isin value="US469487WG39"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11110422.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California State Public Works Board</name>
        <lei>N/A</lei>
        <title>California State Public Works Board, Series 2021C</title>
        <cusip>13068XDE6</cusip>
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          <isin value="US13068XDE67"/>
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        <balance>1520000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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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 2021D-1</title>
        <cusip>64971XWE4</cusip>
        <identifiers>
          <isin value="US64971XWE48"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4111472.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Port Authority of New York &amp; New Jersey</name>
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          <isin value="US73358XJJ28"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Illinois</name>
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          <isin value="US4521523E92"/>
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        <invCountry>US</invCountry>
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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>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Coast Community College District</name>
        <lei>N/A</lei>
        <title>Coast Community College District, Series 2017D</title>
        <cusip>190335JB6</cusip>
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          <isin value="US190335JB60"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-08-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Virginia Public Building Authority</name>
        <lei>N/A</lei>
        <title>Virginia Public Building Authority, Series 2024A</title>
        <cusip>928173CW1</cusip>
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          <isin value="US928173CW11"/>
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        <balance>17125000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <title>Triborough Bridge &amp; Tunnel Authority, Series 2023C</title>
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        <balance>5000000.00000000</balance>
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        <valUSD>5777899.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, Series 2024A</title>
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          <isin value="US64990JAA43"/>
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        <balance>25000000.00000000</balance>
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        <valUSD>26637010.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Washington</name>
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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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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Riverside County Transportation Commission</name>
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        <name>JEA Electric System Revenue</name>
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        <name>Board of Governors of Colorado State University System</name>
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        <name>District of Columbia</name>
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        <name>Utility Debt Securitization Authority</name>
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        <name>State of Texas</name>
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        <name>Central Valley Water Reclamation Facility</name>
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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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          <annualizedRt>5.00000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Upper Merion Area School District</name>
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        <balance>7870000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>City of Tacoma Electric System</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Dallas</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Dallas Fort Worth International Airport</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of California</name>
        <lei>N/A</lei>
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        <balance>20295000.00000000</balance>
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        <invCountry>US</invCountry>
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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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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
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        <balance>1000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>Regional Transportation District Sales Tax</name>
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        <name>New York State Environmental Facilities Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Los Angeles Community College District</name>
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        <name>State of California</name>
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        <name>State of West Virginia</name>
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        <name>City of New York</name>
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        <name>Hudson Yards Infrastructure Corp.</name>
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        <name>Utility Debt Securitization Authority</name>
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        <name>New York City Transitional Finance Authority Building Aid</name>
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        <name>University of California</name>
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        <name>City of Charlotte</name>
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        <name>New Jersey Turnpike Authority</name>
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        <name>State of Kansas Department of Transportation</name>
        <lei>5493001635XK841MIO47</lei>
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        <name>North Texas Tollway Authority</name>
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        <name>Metropolitan Transportation Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-11-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Collin County Community College District</name>
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        <name>State of Connecticut Special Tax</name>
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        <name>South Carolina Public Service Authority</name>
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        <name>State of Michigan Trunk Line</name>
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        <name>District of Columbia</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>State of California</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>San Diego Unified School District</name>
        <lei>N/A</lei>
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        <name>North Texas Tollway Authority</name>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
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          <isin value="US88285AFY91"/>
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        <balance>17500000.00000000</balance>
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        <valUSD>19267433.50000000</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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      <invstOrSec>
        <name>City of Austin</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lower Colorado River Authority</name>
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        <balance>1000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <valUSD>5812194.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Energy Northwest</name>
        <lei>N/A</lei>
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        <name>Los Angeles Department of Water &amp; Power</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>State of Washington</name>
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        <name>Coast Community College District</name>
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        <name>Energy Northwest</name>
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        <name>Washington Metropolitan Area Transit Authority</name>
        <lei>549300ADKOK76HQMJS30</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Missouri Highway &amp; Transportation Commission</name>
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        <name>Metropolitan Government of Nashville &amp; Davidson County</name>
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      <invstOrSec>
        <name>JEA Water &amp; Sewer System</name>
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        <name>Comal Independent School District</name>
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          <maturityDt>2036-02-01</maturityDt>
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        <name>Dallas Independent School District</name>
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        <balance>4410000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-02-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>American Municipal Power, Inc.</name>
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          <isin value="US02765UPQ12"/>
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        <name>State of Washington</name>
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          <isin value="US93974DKK36"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Northern California Sanitation Agencies Financing Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-12-01</maturityDt>
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        <name>Iowa Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>California Infrastructure &amp; Economic Development Bank</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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          <maturityDt>2036-11-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>New York State Thruway Authority</name>
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          <isin value="US650028XG39"/>
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        <invCountry>US</invCountry>
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        <name>Long Island Power Authority</name>
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        <invCountry>US</invCountry>
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        <name>New York State Environmental Facilities Corp.</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2046-06-15</maturityDt>
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        <name>Virginia College Building Authority</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2031-02-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Georgia Ports Authority</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Empire State Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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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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          <annualizedRt>5.00000000</annualizedRt>
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        <name>San Francisco Bay Area Rapid Transit District</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>Dallas Fort Worth International Airport</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-11-01</maturityDt>
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        <name>New York State Dormitory Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Chabot-Las Positas Community College District</name>
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        <name>Chicago O'Hare International Airport</name>
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          <maturityDt>2035-01-01</maturityDt>
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        <name>South Carolina Transportation Infrastructure Bank</name>
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        <name>Virginia Public Building Authority</name>
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        <name>New York State Environmental Facilities Corp.</name>
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        <name>New York State Dormitory Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>State of Maryland</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>State of Connecticut</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>3871222.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Washington Metropolitan Area Transit Authority</name>
        <lei>N/A</lei>
        <title>Washington Metropolitan Area Transit Authority, Series 2023A</title>
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        <valUSD>5415368.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isin value="US3411503V09"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
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          <isin value="US882854Z627"/>
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        <valUSD>5017999.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
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          <isin value="US66285WNK89"/>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>City of New York</name>
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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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        <name>Metropolitan Government of Nashville &amp; Davidson County</name>
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        <balance>1000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-01</maturityDt>
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      <invstOrSec>
        <name>Coast Community College District</name>
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        <balance>1000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-08-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bay Area Toll Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-04-01</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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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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        <name>Metropolitan Transportation Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Illinois Finance Authority</name>
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        <name>Texas A&amp;M University</name>
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      <invstOrSec>
        <name>North Texas Tollway 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>Utility Debt Securitization Authority</name>
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        <name>Virginia College Building Authority</name>
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        <name>State of Kansas Department of Transportation</name>
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        <name>Northern California Sanitation Agencies Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax</name>
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        <title>Los Angeles County Metropolitan Transportation Authority Sales Tax, Series 2019A</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York City Municipal Water Finance Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Maryland State Transportation Authority</name>
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        <name>Indiana Finance Authority</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>City of New York</name>
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        <name>Tampa Bay Water</name>
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        <name>Texas Department of Transportation State Highway Fund</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</name>
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        <name>City of Philadelphia</name>
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        <name>Texas State University System</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>California State Public Works Board</name>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>New York City Transitional Finance Authority Building Aid</name>
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        <name>New Jersey Economic Development Authority</name>
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        <name>University of California</name>
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        <name>Central Florida Expressway Authority</name>
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        <name>Prosper Independent School District</name>
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        <name>New York City Transitional Finance Authority Building Aid</name>
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        <name>Massachusetts School Building Authority</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>Ohio Turnpike &amp; Infrastructure Commission</name>
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        <name>Oklahoma City Water Utilities Trust</name>
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        <name>Palm Beach County School District</name>
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        <name>Empire State Development Corp.</name>
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        <name>Clear Creek Independent School District</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>New York City Transitional Finance Authority</name>
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        <name>Indiana Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Maryland</name>
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        <name>City of New York</name>
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        <name>City of New York</name>
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        <name>North Carolina Turnpike Authority</name>
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        <name>East Bay Municipal Utility District Water System</name>
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        <name>Massachusetts Bay Transportation Authority Sales Tax</name>
        <lei>N/A</lei>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>New Jersey Turnpike Authority</name>
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        <name>Empire State Development Corp.</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>Grand Parkway Transportation Corp.</name>
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        <name>State of Colorado</name>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Rhode Island Commerce Corp.</name>
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        <name>North Texas Tollway Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Monmouth</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-01-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of California</name>
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          <isin value="US13063EAF34"/>
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        <balance>4250000.00000000</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>
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          <maturityDt>2031-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <balance>1760000.00000000</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>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Connecticut</name>
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          <isin value="US20772JN731"/>
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        <valUSD>5093902.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>San Diego Unified School District</name>
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        <title>San Diego Unified School District, Series 2017I</title>
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          <isin value="US7973555X82"/>
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        <balance>19400000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Texas Water Development Board</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-10-15</maturityDt>
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        <name>Washington County Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-07-01</maturityDt>
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        <name>North Carolina Turnpike Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Metropolitan Transportation Authority</name>
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        <invCountry>US</invCountry>
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        <name>State of Connecticut</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2033-06-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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          <isin value="US64613CEL81"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-06-15</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 D</title>
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          <isin value="US39081JBE73"/>
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        <balance>9500000.00000000</balance>
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        <valUSD>9719897.45000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
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          <annualizedRt>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>
        <debtSec>
          <maturityDt>2039-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-01</maturityDt>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Denver City &amp; County School District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-12-01</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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        <balance>5000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Atlanta</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of New York</name>
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        <name>Foothill-Eastern Transportation Corridor Agency</name>
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        <name>Virginia College Building Authority</name>
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      <invstOrSec>
        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax</name>
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        <name>Elgin Independent School District</name>
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      <invstOrSec>
        <name>City of Chicago</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Grand Parkway Transportation Corp.</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Washington</name>
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          <isin value="US93974EH902"/>
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        <balance>25000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of New York</name>
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          <isin value="US64966MPG86"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2114176.80000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <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>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, Series 2024A</title>
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          <isin value="US45506ELA90"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5660014.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Delaware</name>
        <lei>N/A</lei>
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          <isin value="US246381RL38"/>
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        <balance>5465000.00000000</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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        <name>State of Texas</name>
        <lei>N/A</lei>
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        <cusip>8827242F3</cusip>
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          <isin value="US8827242F31"/>
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        <balance>14385000.00000000</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>2031-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Tennessee</name>
        <lei>N/A</lei>
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        <cusip>880541D79</cusip>
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        <balance>4585000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5205662.28000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>San Francisco City &amp; County Public Utilities Commission Wastewater</name>
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        <balance>13045000.00000000</balance>
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        <valUSD>14498723.06000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <balance>2000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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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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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-01</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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        <cusip>64990FTS3</cusip>
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          <isin value="US64990FTS38"/>
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        <balance>6115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6132840.51000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-02-15</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 2022</title>
        <cusip>13063DQ43</cusip>
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          <isin value="US13063DQ433"/>
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        <balance>21240000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21978285.41000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of Connecticut Special Tax</name>
        <lei>N/A</lei>
        <title>State of Connecticut Special Tax, Series 2018B</title>
        <cusip>207758YE7</cusip>
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          <isin value="US207758YE76"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10797008.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Hillsboro School District No. 1J</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Economic Development Authority</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority, Series 2020A</title>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1063904.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-01</maturityDt>
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        <name>City of San Francisco</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
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        <name>Omaha Public Power District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-02-01</maturityDt>
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          <annualizedRt>4.25000000</annualizedRt>
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        <name>Michigan State Building Authority</name>
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          <isin value="US594615JZ09"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-10-15</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>New York State Dormitory Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>North Texas Tollway Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City &amp; County of Denver</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>University of California</name>
        <lei>N/A</lei>
        <title>University of California, Series 2016AR</title>
        <cusip>91412GJ30</cusip>
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          <isin value="US91412GJ302"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Metropolitan Transportation Authority</name>
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        <valUSD>561952.23000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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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>2027-11-01</maturityDt>
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        <name>Commonwealth of Massachusetts</name>
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        <name>Alameda Corridor Transportation Authority</name>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Georgia Ports Authority</name>
        <lei>N/A</lei>
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          <isin value="US373586GU43"/>
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        <valUSD>1757856.10000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of Connecticut</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-11-15</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>California State University</name>
        <lei>N/A</lei>
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          <isin value="US13077CY991"/>
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        <curCd>USD</curCd>
        <valUSD>3058599.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of California</name>
        <lei>N/A</lei>
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        <valUSD>3687452.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Midland County Fresh Water Supply District No. 1</name>
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          <isin value="US597495AX81"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New Jersey Educational Facilities Authority</name>
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          <isin value="US6460665E65"/>
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        <balance>3235000.00000000</balance>
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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>2031-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>North Texas Tollway Authority</name>
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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>2048-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Oregon</name>
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          <isin value="US68609UCK97"/>
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        <balance>5045000.00000000</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>
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          <maturityDt>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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        <balance>2885000.00000000</balance>
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        <valUSD>3004828.19000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Lower Colorado River Authority</name>
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        <balance>10000000.00000000</balance>
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        <valUSD>11265467.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>City of New York</name>
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        <valUSD>914592.71000000</valUSD>
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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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        <name>School District of Philadelphia (The)</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-09-01</maturityDt>
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        <name>County of Prince George's</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-09-15</maturityDt>
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      <invstOrSec>
        <name>State of Michigan Trunk Line</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Illinois State Toll Highway Authority</name>
        <lei>549300ISBFGI8MJJKM98</lei>
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        <balance>8400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8948558.64000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Michigan State University</name>
        <lei>N/A</lei>
        <title>Michigan State University, Series 2019C</title>
        <cusip>594712WH0</cusip>
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          <isin value="US594712WH06"/>
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        <balance>7320000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-02-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Hudson Yards Infrastructure Corp.</name>
        <lei>549300EE2HJ67TPURL87</lei>
        <title>Hudson Yards Infrastructure Corp., Series 2017A</title>
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        <name>Private Colleges &amp; Universities Authority</name>
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        <name>Utility Debt Securitization Authority</name>
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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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        <name>Texas Water Development Board</name>
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        <name>County of Miami-Dade</name>
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        <name>State of Connecticut Special Tax</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Chicago Board of Education Dedicated Capital Improvement Tax</name>
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        <name>Long Island Power Authority</name>
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        <name>State of California</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>Washington Metropolitan Area Transit Authority Dedicated</name>
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        <name>San Marcos Unified School District</name>
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      <invstOrSec>
        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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          <isin value="US6461368A26"/>
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        <balance>1165000.00000000</balance>
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        <valUSD>1187432.89000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Clear Creek Independent School District</name>
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          <isin value="US184541HN38"/>
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        <balance>2175000.00000000</balance>
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      <invstOrSec>
        <name>Massachusetts Clean Water Trust (The)</name>
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          <isin value="US57605AFL52"/>
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        <valUSD>2128609.10000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>Virginia Resources Authority Clean Water Revolving Fund</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>Bay Area Toll Authority</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>Foothill-De Anza Community College District</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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      <invstOrSec>
        <name>Regional Transportation District Sales Tax</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>Dallas Fort Worth International Airport</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Empire State Development Corp.</name>
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        <name>Public Power Generation Agency</name>
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        <name>Massachusetts Department of Transportation</name>
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        <name>University of Utah (The)</name>
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        <name>Utility Debt Securitization Authority</name>
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        <name>Private Colleges &amp; Universities Authority</name>
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      <invstOrSec>
        <name>Pennsylvania Turnpike Commission</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Riverside County Transportation Commission Sales Tax</name>
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        <name>Empire State Development Corp.</name>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
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      <invstOrSec>
        <name>Placentia-Yorba Linda Unified School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>New York City Transitional Finance Authority Building Aid</name>
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        <name>Central Florida Expressway Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>San Mateo County Community College District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Energy Northwest</name>
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        <name>State of Maryland Department of Transportation</name>
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        <name>Los Angeles Department of Water &amp; Power Water System</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>City of Houston</name>
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        <name>County of Miami-Dade</name>
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        <name>South Florida Water Management District</name>
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      <invstOrSec>
        <name>Alameda Unified School District-Alameda County</name>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Texas Water Development Board</name>
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          <isin value="US8828546K35"/>
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          <maturityDt>2056-10-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Michigan Trunk Line</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Los Angeles Department of Water &amp; Power Water System</name>
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          <isin value="US544525ZQ46"/>
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        <name>State of Illinois</name>
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        <balance>3535000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>San Diego Unified School District</name>
        <lei>N/A</lei>
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          <isin value="US7973553F94"/>
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        <balance>9000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <name>Long Beach Unified School District</name>
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        <name>Metropolitan Council</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Ukiah Unified School District</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>State of Illinois</name>
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          <maturityDt>2038-05-01</maturityDt>
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        <name>Grand Parkway Transportation Corp.</name>
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        <name>Permanent University Fund - University of Texas System</name>
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        <name>State of California</name>
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        <name>Public Power Generation Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Educational Facilities Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>California State University</name>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>District of Columbia</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>City of Philadelphia</name>
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        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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        <name>MTA Hudson Rail Yards Trust Obligations</name>
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        <name>Grant County Public Utility District No. 2 Priest Rapids Hydroelectric Project</name>
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        <name>Permanent University Fund - University of Texas System</name>
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        <name>Comal Independent School District</name>
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          <isin value="US1998207Z85"/>
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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>District of Columbia</name>
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          <isin value="US25476FXG89"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Illinois State Toll Highway Authority</name>
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        <name>California Infrastructure &amp; Economic Development Bank</name>
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        <name>North Texas Tollway Authority</name>
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        <name>Virginia College Building Authority</name>
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        <name>North Texas Municipal Water District Water System</name>
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        <name>Illinois Finance Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>California State Public Works Board</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>District of Columbia Income Tax</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax</name>
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        <name>Long Island Power Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>State of Washington</name>
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        <name>University of California</name>
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        <name>California State Public Works Board</name>
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        <lei>N/A</lei>
        <title>Chicago O'Hare International Airport, Series D</title>
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          <isin value="US167593WR94"/>
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        <curCd>USD</curCd>
        <valUSD>8539845.99000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Educational Facilities Authority</name>
        <lei>549300UTOO4X537XXG70</lei>
        <title>New Jersey Educational Facilities Authority, Series 2024A-2</title>
        <cusip>646067HQ4</cusip>
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          <isin value="US646067HQ45"/>
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        <balance>4455000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5125028.44000000</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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          <maturityDt>2041-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Hudson Yards Infrastructure Corp.</name>
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        <title>Hudson Yards Infrastructure Corp., Series 2022A</title>
        <cusip>44420RBT6</cusip>
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          <isin value="US44420RBT68"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5748602.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Economic Development Authority</name>
        <lei>5493006JS6QWDVU4R678</lei>
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        <cusip>64577B7U2</cusip>
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          <isin value="US64577B7U22"/>
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        <balance>6460000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7017171.12000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>JEA Water &amp; Sewer System</name>
        <lei>N/A</lei>
        <title>JEA Water &amp; Sewer System, Series 2008B-1</title>
        <cusip>46613PVY9</cusip>
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          <isin value="US46613PVY95"/>
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        <balance>13940000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13940000.00000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.99000040</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Clark County School District</name>
        <lei>N/A</lei>
        <title>Clark County School District, Series 2024B</title>
        <cusip>1810594Y9</cusip>
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          <isin value="US1810594Y92"/>
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        <balance>15000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17170695.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of New York</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>City of New York, Series 2025A</title>
        <cusip>64966SFY7</cusip>
        <identifiers>
          <isin value="US64966SFY72"/>
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        <balance>6135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7129110.49000000</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>2035-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, Series 2015B</title>
        <cusip>64990FSR6</cusip>
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          <isin value="US64990FSR63"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5020.27000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Washington Metropolitan Area Transit Authority</name>
        <lei>N/A</lei>
        <title>Washington Metropolitan Area Transit Authority, Series 2021A</title>
        <cusip>93878YBN8</cusip>
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          <isin value="US93878YBN85"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4104868.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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 S</title>
        <cusip>677522KY9</cusip>
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          <isin value="US677522KY93"/>
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        <balance>2055000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2115186.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>New York City Municipal Water Finance Authority, Series 2015FF</title>
        <cusip>64972GFU3</cusip>
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          <isin value="US64972GFU31"/>
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        <balance>14135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14239008.16000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Santa Rosa</name>
        <lei>N/A</lei>
        <title>City of Santa Rosa, Series 2002B</title>
        <cusip>802649LZ4</cusip>
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          <isin value="US802649LZ44"/>
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        <balance>10880000.00000000</balance>
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        <valUSD>8486641.54000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Tennessee</name>
        <lei>549300TVFIIUZ7573M16</lei>
        <title>State of Tennessee, Series 2023A</title>
        <cusip>880541H26</cusip>
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          <isin value="US880541H265"/>
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        <balance>3755000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4053109.45000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City &amp; County of San Francisco</name>
        <lei>549300RA28ZEFOB6M782</lei>
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          <isin value="US79773KLX09"/>
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        <balance>3820000.00000000</balance>
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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>2032-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>South Carolina Public Service Authority</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
        <title>South Carolina Public Service Authority, Series 2024B</title>
        <cusip>8371515A3</cusip>
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          <isin value="US8371515A35"/>
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        <balance>6615000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7250939.64000000</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>2054-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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="US13063DUZ94"/>
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        <balance>6195000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6898079.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of New York</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>City of New York, Series 2017A</title>
        <cusip>64966MFH7</cusip>
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          <isin value="US64966MFH79"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3080060.10000000</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>2038-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
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      <invstOrSec>
        <name>State of Texas</name>
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      <invstOrSec>
        <name>County of Fairfax</name>
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      <invstOrSec>
        <name>San Joaquin Hills Transportation Corridor Agency</name>
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        <name>State of Washington</name>
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      <invstOrSec>
        <name>Oklahoma City Water Utilities Trust</name>
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        <name>Santa Barbara Secondary High School District</name>
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        <name>County of Anne Arundel</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>Alameda Corridor Transportation Authority</name>
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        <name>Board of Regents of the University of Texas System</name>
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        <name>State of Louisiana Gasoline &amp; Fuels Tax Revenue</name>
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        <name>Placentia-Yorba Linda Unified School District</name>
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        <name>State of Kansas Department of Transportation</name>
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        <name>State of California</name>
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        <name>Metropolitan Transportation Authority Dedicated Tax Fund</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Washington</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Illinois</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Pennsylvania Turnpike Commission</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>California Educational Facilities Authority</name>
        <lei>N/A</lei>
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          <isin value="US130178VU75"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Los Angeles Department of Water &amp; Power</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 Michigan Trunk Line</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>American Municipal Power, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Crowley Independent School District</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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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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        <name>Virginia College Building Authority</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>Triborough Bridge &amp; Tunnel Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts School Building Authority</name>
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        <name>City of New York</name>
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        <name>City of New York</name>
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      <invstOrSec>
        <name>Empire State Development Corp.</name>
        <lei>54930039Y2EMGXN6LM88</lei>
        <title>Empire State Development Corp., Series 2017C</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Texas</name>
        <lei>549300X9CH74QB747L76</lei>
        <title>State of Texas, Series 2016A</title>
        <cusip>8827235A3</cusip>
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          <isin value="US8827235A35"/>
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        <name>Iowa Finance Authority</name>
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        <name>Intermountain Power Agency</name>
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        <name>North Texas Municipal Water District Upper East Fork Wastewater Interceptor System</name>
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      <invstOrSec>
        <name>University of Delaware</name>
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        <invCountry>US</invCountry>
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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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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of New Orleans</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>Los Angeles Unified School District</name>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pasadena Area Community College District</name>
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          <isin value="US702185GH60"/>
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        <balance>2340000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Los Angeles Department of Water &amp; Power Water System</name>
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          <isin value="US544525VG00"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>State of Washington</name>
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          <isin value="US93974EPR17"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of New York</name>
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          <isin value="US64966QAZ37"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>State of Georgia</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Denton Independent School District</name>
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        <name>Gwinnett County School District</name>
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        <name>County of Fairfax</name>
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        <name>New York City Transitional Finance Authority Building Aid</name>
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        <name>New York City Municipal Water Finance Authority</name>
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        <name>State of Minnesota</name>
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        <name>E-470 Public Highway Authority</name>
        <lei>549300164ZV2301BC703</lei>
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        <balance>2500000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
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        <name>State of Delaware</name>
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      <invstOrSec>
        <name>San Diego Unified School District</name>
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        <name>Metropolitan Water District of Southern California</name>
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        <fairValLevel>2</fairValLevel>
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        <name>East Baton Rouge Sewerage Commission</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Houston</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>Lamar Consolidated Independent School District</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>Hampton Roads Sanitation District</name>
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        <name>San Antonio Water System</name>
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        <name>State of California</name>
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        <name>Empire State Development Corp.</name>
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        <name>Hutto Independent School District</name>
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        <name>State of West Virginia</name>
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        <name>Westminster School District</name>
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        <name>New York Power Authority</name>
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        <name>Empire State Development Corp.</name>
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        <name>New York City Transitional Finance Authority</name>
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        <name>City of Los Angeles Department of Airports</name>
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        <name>City of Phoenix Civic Improvement Corp.</name>
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        <name>Alabama Public School and College Authority</name>
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        <name>South Carolina Public Service Authority</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
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        <name>New Jersey Turnpike Authority</name>
        <lei>5493005YN67D71KSMI84</lei>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>American Municipal Power, Inc.</name>
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        <name>District of Columbia</name>
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        <name>State of Kansas Department of Transportation</name>
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        <name>City of Los Angeles</name>
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        <name>University of California</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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        <fairValLevel>2</fairValLevel>
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        <name>Michigan Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-01</maturityDt>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>San Diego Unified School District</name>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>University of Michigan</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>University of Colorado</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>Great Lakes Water Authority Water Supply System</name>
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        <name>Onondaga County Trust for Cultural Resources</name>
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        <issuerCat>MUN</issuerCat>
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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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        <name>California State Public Works Board</name>
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        <name>University of California</name>
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        <name>State of Illinois</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>Lewisville Independent School District</name>
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      <invstOrSec>
        <name>San Francisco City &amp; County Public Utilities Commission Wastewater</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>San Diego Association of Governments South Bay Expressway</name>
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          <isin value="US797257AX02"/>
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          <maturityDt>2042-07-01</maturityDt>
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        <name>State of Connecticut</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>County of Hamilton</name>
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          <isin value="US407325BR94"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Metropolitan Knoxville Airport Authority</name>
        <lei>254900VWGT8D1GF6ZY16</lei>
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          <isin value="US592174AT37"/>
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        <balance>1625000.00000000</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>2049-06-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Metropolitan Government of Nashville &amp; Davidson County TN</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>San Diego Unified School District</name>
        <lei>N/A</lei>
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          <isin value="US797355N914"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-07-01</maturityDt>
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        <name>Idaho State Building Authority</name>
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          <isin value="US451446AG33"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-01</maturityDt>
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        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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          <isin value="US64613CCH97"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>San Mateo Foster City Public Financing Authority</name>
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        <invCountry>US</invCountry>
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        <name>North Texas Municipal Water District Water System</name>
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        <name>Regional Transportation District Sales Tax</name>
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          <maturityDt>2027-11-01</maturityDt>
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      <invstOrSec>
        <name>Long Beach Unified School District</name>
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          <isin value="US542433XB81"/>
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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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          <isin value="US544525M548"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-07-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>East Bay Municipal Utility District Water System</name>
        <lei>N/A</lei>
        <title>East Bay Municipal Utility District Water System, Series 2019A</title>
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          <isin value="US271014J605"/>
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        <curCd>USD</curCd>
        <valUSD>5059027.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>State of California, Series 2017</title>
        <cusip>13063DBW7</cusip>
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          <isin value="US13063DBW74"/>
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        <balance>8840000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9374654.69000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-01</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>State of Hawaii</name>
        <lei>N/A</lei>
        <title>State of Hawaii, Series FK</title>
        <cusip>419792RV0</cusip>
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          <isin value="US419792RV08"/>
          <other otherDesc="Inhouse Asset ID" value="419792RV0"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2027539.40000000</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>2036-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Georgia</name>
        <lei>N/A</lei>
        <title>State of Georgia, Series 2016A</title>
        <cusip>3733844B9</cusip>
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          <isin value="US3733844B99"/>
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        <balance>1175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1206452.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-01</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>City of Atlanta</name>
        <lei>N/A</lei>
        <title>City of Atlanta Department of Aviation, Series 2022A</title>
        <cusip>04780MC98</cusip>
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          <isin value="US04780MC988"/>
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        <balance>3010000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2976244.36000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-07-01</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>
        <name>County of King</name>
        <lei>N/A</lei>
        <title>County of King, Series 2021A</title>
        <cusip>49474FZL7</cusip>
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          <isin value="US49474FZL74"/>
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        <balance>3270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3499834.57000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</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>Empire State Development Corp.</name>
        <lei>54930039Y2EMGXN6LM88</lei>
        <title>Empire State Development Corp., Series 2020C</title>
        <cusip>650036BU9</cusip>
        <identifiers>
          <isin value="US650036BU94"/>
          <other otherDesc="Inhouse Asset ID" value="650036BU9"/>
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        <balance>8000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8890644.00000000</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>2033-03-15</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>Highland Park Independent School District/Dallas County</name>
        <lei>N/A</lei>
        <title>Highland Park Independent School District, Series 2024</title>
        <cusip>430686RX5</cusip>
        <identifiers>
          <isin value="US430686RX51"/>
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        <balance>17040000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19735918.85000000</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>2033-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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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 2019</title>
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        <identifiers>
          <isin value="US65830RCU14"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1975553.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <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 K</title>
        <cusip>650009G56</cusip>
        <identifiers>
          <isin value="US650009G560"/>
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        <balance>5365000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5371918.70000000</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>2032-01-01</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>Virginia College Building Authority</name>
        <lei>N/A</lei>
        <title>Virginia College Building Authority, Series 2019C</title>
        <cusip>92778VHW1</cusip>
        <identifiers>
          <isin value="US92778VHW19"/>
          <other otherDesc="Inhouse Asset ID" value="92778VHW1"/>
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        <balance>575000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>615651.52000000</valUSD>
        <pctVal>0.001495965852</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
        <title>Commonwealth of Massachusetts, Series 2024B</title>
        <cusip>57582R7X8</cusip>
        <identifiers>
          <isin value="US57582R7X81"/>
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        <balance>5200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5753450.56000000</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>2047-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Maryland State Transportation Authority</name>
        <lei>254900MKNK0MO0Z4X426</lei>
        <title>Maryland State Transportation Authority, Series 2024A</title>
        <cusip>574300PT0</cusip>
        <identifiers>
          <isin value="US574300PT01"/>
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        <balance>6880000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7744401.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>State of Washington, Series R-2015E</title>
        <cusip>93974DLU0</cusip>
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          <isin value="US93974DLU09"/>
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        <balance>1535000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1537219.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority</name>
        <lei>5493003476LG35QAKM08</lei>
        <title>New York City Transitional Finance Authority, Series 2024B</title>
        <cusip>64972JBB3</cusip>
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          <isin value="US64972JBB35"/>
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        <balance>25000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25421415.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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      <invstOrSec>
        <name>Washington Metropolitan Area Transit Authority</name>
        <lei>549300ADKOK76HQMJS30</lei>
        <title>Washington Metropolitan Area Transit Authority, Series 2018</title>
        <cusip>938782GP8</cusip>
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          <isin value="US938782GP83"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5168947.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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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 243</title>
        <cusip>73358XLB6</cusip>
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          <isin value="US73358XLB63"/>
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        <name>Commonwealth of Massachusetts Federal Highway Grant Anticipation Note</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>New York State Dormitory Authority</name>
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        <name>State of California</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bay Area Toll Authority</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>State of Washington</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Los Angeles Community College District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Energy Northwest</name>
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        <name>Oklahoma Water Resources Board</name>
        <lei>5493007CUNXW5UX11C71</lei>
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          <isin value="US67919PSW40"/>
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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>State of California</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Great Lakes Water Authority Sewage Disposal System</name>
        <lei>N/A</lei>
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          <isin value="US39081HAJ14"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-07-01</maturityDt>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-11-15</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="US64971X4Q87"/>
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        <fairValLevel>2</fairValLevel>
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        <name>New York City Transitional Finance Authority</name>
        <lei>5493003476LG35QAKM08</lei>
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        <name>Central Florida Expressway Authority</name>
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        <name>Johnson County Unified School District No. 512 Shawnee Mission</name>
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        <name>State of California Department of Water Resources</name>
        <lei>549300X618YEC5LGBQ98</lei>
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        <name>New Jersey Turnpike Authority</name>
        <lei>5493005YN67D71KSMI84</lei>
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        <name>Los Angeles Unified School District</name>
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        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
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        <name>Washington Metropolitan Area Transit Authority</name>
        <lei>N/A</lei>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>Bay Area Toll Authority</name>
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        <name>State of Florida Department of Transportation Turnpike System</name>
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        <name>Ohio Water Development Authority</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Long Island Power Authority</name>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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        <name>County of Clark Department of Aviation</name>
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        <name>Hudson Yards Infrastructure Corp.</name>
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        <name>Metropolitan St Louis Sewer District</name>
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        <name>New York City Transitional Finance Authority Building Aid</name>
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        <name>Santa Clarita Community College District</name>
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        <name>San Francisco City &amp; County Public Utilities Commission Wastewater</name>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Los Angeles Unified School District</name>
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        <name>Los Angeles Department of Water &amp; Power</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>New York City Transitional Finance Authority Future Tax Secured</name>
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        <name>California Infrastructure &amp; Economic Development Bank</name>
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        <name>Los Angeles County Public Works Financing Authority</name>
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        <name>State of North Carolina</name>
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        <name>Hudson Yards Infrastructure Corp.</name>
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        <name>County of Hennepin</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>State of California</name>
        <lei>N/A</lei>
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          <isin value="US13063DSP41"/>
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        <valUSD>5349995.50000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York State Dormitory Authority</name>
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        <name>San Antonio Water System</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-05-15</maturityDt>
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        <name>Metropolitan Transportation Authority</name>
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          <isin value="US59261AH912"/>
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        <balance>9000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>Collin County Community College District</name>
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        <name>State of Illinois</name>
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        <fairValLevel>2</fairValLevel>
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        <name>North Carolina Turnpike Authority</name>
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        <name>City of Austin TX Electric Utility Revenue</name>
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          <maturityDt>2050-11-15</maturityDt>
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        <name>Kansas Development Finance Authority</name>
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        <name>Great Lakes Water Authority Water Supply System</name>
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        <name>School District of Broward County</name>
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        <invCountry>US</invCountry>
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        <curCd>USD</curCd>
        <valUSD>7329840.70000000</valUSD>
        <pctVal>0.017810711144</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-01</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>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>New York City Municipal Water Finance Authority, Series 2017AA</title>
        <cusip>64972GMV3</cusip>
        <identifiers>
          <isin value="US64972GMV31"/>
          <other otherDesc="Inhouse Asset ID" value="64972GMV3"/>
        </identifiers>
        <balance>3275000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3242378.71000000</valUSD>
        <pctVal>0.007878625605</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-15</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>Comal Independent School District</name>
        <lei>N/A</lei>
        <title>Comal Independent School District, Series 2024</title>
        <cusip>1998207P0</cusip>
        <identifiers>
          <isin value="US1998207P04"/>
          <other otherDesc="Inhouse Asset ID" value="1998207P0"/>
        </identifiers>
        <balance>10140000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11258353.78000000</valUSD>
        <pctVal>0.027356568218</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</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>Los Angeles Community College District</name>
        <lei>N/A</lei>
        <title>Los Angeles Community College District, Series K</title>
        <cusip>54438CYC0</cusip>
        <identifiers>
          <isin value="US54438CYC09"/>
          <other otherDesc="Inhouse Asset ID" value="54438CYC0"/>
        </identifiers>
        <balance>7500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7545529.50000000</valUSD>
        <pctVal>0.018334811335</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>Board of Water Commissioners City &amp; County of Denver (The)</name>
        <lei>N/A</lei>
        <title>Board of Water Commissioners City &amp; County of Denver (The), Series 2024A</title>
        <cusip>24916PMK0</cusip>
        <identifiers>
          <isin value="US24916PMK02"/>
          <other otherDesc="Inhouse Asset ID" value="24916PMK0"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1108919.20000000</valUSD>
        <pctVal>0.002694552359</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, Series 2005B</title>
        <cusip>649902AY9</cusip>
        <identifiers>
          <isin value="US649902AY94"/>
          <other otherDesc="Inhouse Asset ID" value="649902AY9"/>
        </identifiers>
        <balance>6505000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7109707.40000000</valUSD>
        <pctVal>0.017275811304</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>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>24055000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>24957019.20000000</valUSD>
        <pctVal>0.060642826794</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>
    </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>
