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      <invstOrSec>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isin value="US01179R7C13"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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          <isin value="US013493KM25"/>
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        <valUSD>169505.28000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Aldine Independent School District</name>
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          <isin value="US014393ZA39"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Allegheny County Higher Education Building Authority</name>
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          <isin value="US01728RQC69"/>
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        <fairValLevel>2</fairValLevel>
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          <isin value="US018106XK53"/>
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          <isin value="US021087WF41"/>
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          <isin value="US021087WX56"/>
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      <invstOrSec>
        <name>Alpine School District</name>
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          <isin value="US021087XN65"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Alpine School District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Alvin Independent School District</name>
        <lei>N/A</lei>
        <title>Alvin Independent School District, Series 2025A</title>
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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>Alvin Independent School District</name>
        <lei>N/A</lei>
        <title>Alvin Independent School District, Series 2024</title>
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          <isin value="US022447Z415"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>American Municipal Power, Inc.</name>
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          <isin value="US02765MAN20"/>
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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>American Municipal Power, Inc.</name>
        <lei>EARKGGZJJEMVD66XQ486</lei>
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          <isin value="US02765URQ93"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Anaheim Housing &amp; Public Improvements Authority</name>
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          <isin value="US032556MC37"/>
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        <balance>155000.00000000</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>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Anaheim Public Financing Authority</name>
        <lei>N/A</lei>
        <title>Anaheim Public Financing Authority, Series 2019A</title>
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          <isin value="US03255LHK89"/>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>143266.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Anaheim Public Financing Authority</name>
        <lei>N/A</lei>
        <title>Anaheim Public Financing Authority, Series 2019A</title>
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          <isin value="US03255LHL62"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>121774.97000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Anaheim Union High School District</name>
        <lei>N/A</lei>
        <title>Anaheim Union High School District, Series 2019</title>
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          <isin value="US032591TG41"/>
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        <balance>220000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>225589.03000000</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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      <invstOrSec>
        <name>Municipality of Anchorage</name>
        <lei>N/A</lei>
        <title>Municipality of Anchorage, Series 2018A</title>
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          <isin value="US0331616T26"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>57301.14000000</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>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Municipality of Anchorage</name>
        <lei>N/A</lei>
        <title>Municipality of Anchorage, Series 2019B</title>
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          <isin value="US033162BE73"/>
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        <balance>100000.00000000</balance>
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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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      <invstOrSec>
        <name>Municipality of Anchorage AK</name>
        <lei>N/A</lei>
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          <isin value="US033162BF49"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Municipality of Anchorage AK</name>
        <lei>N/A</lei>
        <title>Municipality of Anchorage, Series 2020E</title>
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          <isin value="US033162FR41"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>58067.16000000</valUSD>
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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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      <invstOrSec>
        <name>Municipality of Anchorage</name>
        <lei>N/A</lei>
        <title>Municipality of Anchorage, Series 2021A</title>
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          <isin value="US033162GL61"/>
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        <balance>135000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-01</maturityDt>
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        <name>Municipality of Anchorage</name>
        <lei>N/A</lei>
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          <isin value="US033162HG67"/>
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        <balance>120000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Municipality of Anchorage</name>
        <lei>N/A</lei>
        <title>Municipality of Anchorage, Series 2022A</title>
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          <isin value="US033162JU34"/>
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        <balance>105000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Anne Arundel</name>
        <lei>549300L8Q6EFVTZGWW41</lei>
        <title>County of Anne Arundel, Series 2020</title>
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          <isin value="US03588HC382"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
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        <name>City of Atlanta Water &amp; Wastewater</name>
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        <name>Auburn University</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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          <isin value="US052414TS81"/>
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          <couponKind>Fixed</couponKind>
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        <name>Austin Independent School District</name>
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          <isin value="US052430SL06"/>
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        <name>Austin Independent School District</name>
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        <name>City of Austin Water &amp; Wastewater System</name>
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          <isin value="US052477DX11"/>
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      <invstOrSec>
        <name>Ball State University</name>
        <lei>549300PJHK1SF4O5E481</lei>
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        <name>County of Baltimore</name>
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      <invstOrSec>
        <name>County of Baltimore</name>
        <lei>N/A</lei>
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          <maturityDt>2032-03-01</maturityDt>
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        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
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      <invstOrSec>
        <name>County of Baltimore</name>
        <lei>N/A</lei>
        <title>County of Baltimore, Series 2019</title>
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          <isin value="US05914FV986"/>
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        <curCd>USD</curCd>
        <valUSD>153220.56000000</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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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>County of Baltimore</name>
        <lei>N/A</lei>
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          <isin value="US05914FZ946"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>County of Baltimore</name>
        <lei>N/A</lei>
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          <isin value="US05914GAV05"/>
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        <balance>295000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>311724.58000000</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>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Baltimore</name>
        <lei>N/A</lei>
        <title>County of Baltimore, Series 2022</title>
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          <isin value="US05914GBR83"/>
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        <curCd>USD</curCd>
        <valUSD>147937.09000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Baltimore</name>
        <lei>N/A</lei>
        <title>City of Baltimore, Series 2021A</title>
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          <isin value="US059189A834"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20641.21000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-15</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>
        <name>City of Baltimore</name>
        <lei>N/A</lei>
        <title>City of Baltimore, Series 2019A</title>
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          <isin value="US059189XC99"/>
          <other otherDesc="Inhouse Asset ID" value="059189XC9"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>79423.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-15</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>
        <name>City of Baltimore</name>
        <lei>N/A</lei>
        <title>City of Baltimore, Series 2019A</title>
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          <isin value="US059189XE55"/>
          <other otherDesc="Inhouse Asset ID" value="059189XE5"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>255456.38000000</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>2033-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>City of Baltimore</name>
        <lei>N/A</lei>
        <title>City of Baltimore, Series 2019A</title>
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          <isin value="US05922KA744"/>
          <other otherDesc="Inhouse Asset ID" value="05922KA74"/>
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        <balance>245000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>256235.16000000</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>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>City of Baltimore</name>
        <lei>N/A</lei>
        <title>City of Baltimore, Series 2020A</title>
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          <isin value="US05922KJ422"/>
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        <balance>215000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>227686.08000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Barbers Hill Independent School District</name>
        <lei>N/A</lei>
        <title>Barbers Hill Independent School District, Series 2020</title>
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          <isin value="US067167ZB55"/>
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        <balance>60000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Barbers Hill Independent School District</name>
        <lei>N/A</lei>
        <title>Barbers Hill Independent School District, Series 2022</title>
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          <isin value="US067167ZW92"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bay Area Toll Authority</name>
        <lei>5493001FUZGUQMIP5D78</lei>
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          <isin value="US072024YP12"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Beaufort County School District/SC</name>
        <lei>549300B1H1V9F55UPU08</lei>
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          <isin value="US073900M823"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>58073.11000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Beaufort County School District</name>
        <lei>549300B1H1V9F55UPU08</lei>
        <title>Beaufort County School District, Series 2022C</title>
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          <isin value="US073900Q709"/>
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        <balance>95000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100308.10000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Beaumont Independent School District</name>
        <lei>N/A</lei>
        <title>Beaumont Independent School District, Series 2017</title>
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          <isin value="US074527RW44"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>125647.60000000</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>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Beverly Hills Unified School District</name>
        <lei>N/A</lei>
        <title>Beverly Hills Unified School District, Series 2009</title>
        <cusip>088023HY5</cusip>
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          <isin value="US088023HY50"/>
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        <balance>1055000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>970451.77000000</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>2029-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
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        <lei>N/A</lei>
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        <name>State of California</name>
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        <name>Campbell Kenton &amp; Boone Counties Sanitation District No. 1</name>
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        <name>Canyons School District Local Building Authority</name>
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        <name>Carrollton-Farmers Branch Independent School District</name>
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        <name>Central Florida Expressway Authority</name>
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          <isin value="US153476FS05"/>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Central Florida Expressway Authority</name>
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          <isin value="US153476FU50"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-01</maturityDt>
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      <invstOrSec>
        <name>Central Florida Expressway Authority</name>
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          <isin value="US153476FW17"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Central Florida Expressway Authority</name>
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        <title>Central Florida Expressway Authority, Series 2021</title>
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          <isin value="US153476GN09"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
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      <invstOrSec>
        <name>Central Florida Expressway Authority</name>
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        <title>Central Florida Expressway Authority, Series 2021D</title>
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          <isin value="US153476HD18"/>
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        <balance>370000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>392470.21000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Central Florida Expressway Authority</name>
        <lei>N/A</lei>
        <title>Central Florida Expressway Authority, Series 2024B</title>
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          <isin value="US153476JJ69"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>31839.19000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Central Florida Tourism Oversight District</name>
        <lei>549300DLSKH6SZ96KV94</lei>
        <title>Central Florida Tourism Oversight District, Series 2024A</title>
        <cusip>153480AE8</cusip>
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          <isin value="US153480AE83"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>47544.66000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Central Puget Sound Regional Transit Authority</name>
        <lei>N/A</lei>
        <title>Central Puget Sound Regional Transit Authority, Series 2021S1</title>
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        <identifiers>
          <isin value="US155048DU23"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>319890.78000000</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>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Central Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>Central Texas Regional Mobility Authority, Series 2021D</title>
        <cusip>155498MY1</cusip>
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          <isin value="US155498MY15"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>209716.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Central Utah Water Conservancy District</name>
        <lei>5493001AT8W3NBIEDB45</lei>
        <title>Central Utah Water Conservancy District, Series 2021A</title>
        <cusip>155674KM5</cusip>
        <identifiers>
          <isin value="US155674KM58"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>158681.49000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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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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      <invstOrSec>
        <name>Central Utah Water Conservancy District</name>
        <lei>5493001AT8W3NBIEDB45</lei>
        <title>Central Utah Water Conservancy District, Series 2017B</title>
        <cusip>15567RBF9</cusip>
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          <isin value="US15567RBF91"/>
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        <balance>390000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>400148.62000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Central Valley Water Reclamation Facility</name>
        <lei>N/A</lei>
        <title>Central Valley Water Reclamation Facility, Series 2021C</title>
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          <isin value="US155796BC88"/>
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        <balance>135000.00000000</balance>
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        <valUSD>142443.00000000</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>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Cerritos Community College District</name>
        <lei>N/A</lei>
        <title>Cerritos Community College District, Series 2012D</title>
        <cusip>156792FD0</cusip>
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          <isin value="US156792FD02"/>
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        <balance>750000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-01</maturityDt>
          <couponKind>None</couponKind>
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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 B</title>
        <cusip>15722THZ7</cusip>
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          <isin value="US15722THZ75"/>
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        <balance>245000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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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 B</title>
        <cusip>15722TJB8</cusip>
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          <isin value="US15722TJB89"/>
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        <balance>265000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Champaign County Community Unit School District No. 4 Champaign</name>
        <lei>N/A</lei>
        <title>Champaign County Community Unit School District No. 4 Champaign, Series 2019</title>
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          <isin value="US158249LS93"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>813132.88000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Chandler</name>
        <lei>N/A</lei>
        <title>City of Chandler, Series 2023</title>
        <cusip>158855FH4</cusip>
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          <isin value="US158855FH40"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>79729.87000000</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>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Charleston County Airport District</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>City of Charleston</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Charlotte</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isin value="US161035JA99"/>
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        <fairValLevel>2</fairValLevel>
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        <lei>N/A</lei>
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          <isin value="US161036LY21"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Charlotte</name>
        <lei>N/A</lei>
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          <isin value="US161036TB46"/>
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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>City of Charlotte</name>
        <lei>N/A</lei>
        <title>City of Charlotte, Series 2023A</title>
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          <isin value="US161036UV80"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>116740.51000000</valUSD>
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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>City of Charlotte</name>
        <lei>5493001QNY6JJFWHQ568</lei>
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          <isin value="US1610372J44"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Charlotte</name>
        <lei>5493001QNY6JJFWHQ568</lei>
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          <isin value="US1610374A17"/>
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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>City of Charlotte</name>
        <lei>5493001QNY6JJFWHQ568</lei>
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          <isin value="US1610374U70"/>
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        <balance>575000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Charlotte Water &amp; Sewer System</name>
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        <invCountry>US</invCountry>
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        <name>City of Charlotte</name>
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        <name>City of Charlotte</name>
        <lei>N/A</lei>
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        <name>City of Charlotte</name>
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        <name>City of Chattanooga</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <name>City of Chicago</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Chicago</name>
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        <name>Metropolitan Water Reclamation District of Greater Chicago</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Metropolitan Water Reclamation District of Greater Chicago</name>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
        <title>Chicago O'Hare International Airport, Series 2025D</title>
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        <invCountry>US</invCountry>
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        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
        <title>Chicago O'Hare International Airport, Series 2022D</title>
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        <name>Chicago O'Hare International Airport</name>
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        <title>Chicago O'Hare International Airport, Series 2023</title>
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        <name>Chicago O'Hare International Airport</name>
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        <title>Chicago O'Hare International Airport, Series 2024D</title>
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        <name>Chicago O'Hare International Airport</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>Chicago O'Hare International Airport</name>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Chicago Park District</name>
        <lei>549300DNSTZGBZLIU409</lei>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Chicago Transit Authority Capital Grant Receipts</name>
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      <invstOrSec>
        <name>City of Chicago</name>
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      <invstOrSec>
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        <name>City of Chicago</name>
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          <couponKind>Fixed</couponKind>
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        <name>City of Chicago Waterworks</name>
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        <name>City of Chicago Waterworks</name>
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        <title>City of Chicago Waterworks, Series 2024A</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Chippewa Valley Schools</name>
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        <name>City of Cincinnati</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Cincinnati City School District</name>
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        <name>County of Clackamas</name>
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        <name>Oregon City School District No. 62</name>
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        <title>Oregon City School District No. 62, Series 2025A</title>
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          <isin value="US179162LC41"/>
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        <name>County of Clark</name>
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          <isin value="US180848E904"/>
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        <name>County of Clark</name>
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          <isin value="US180848F240"/>
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        <name>County of Clark</name>
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        <name>County of Clark</name>
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        <name>County of Clark</name>
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        <name>County of Clark</name>
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        <name>Clark County Water Reclamation District</name>
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        <name>Clark County Public Utility District No. 1 Electric</name>
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        <name>Clark County Public Utility District No. 1 Generating System</name>
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        <title>Clark County Public Utility District No. 1 Generating System, Series 2022</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Clark County School District No. 37 Vancouver</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Clark County School District No. 37 Vancouver</name>
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        <name>Clark County School District No. 37 Vancouver</name>
        <lei>N/A</lei>
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        <name>Clark County School District No. 114 Evergreen</name>
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        <name>Clark County School District No. 114 Evergreen</name>
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        <name>Clark County School District No. 114 Evergreen</name>
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        <name>Clark County School District No. 122 Ridgefield</name>
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          <isin value="US181342HD11"/>
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        <name>Clear Creek Independent School District</name>
        <lei>N/A</lei>
        <title>Clear Creek Independent School District, Series 2021</title>
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          <isin value="US184541DS60"/>
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        <name>Clear Creek Independent School District</name>
        <lei>N/A</lei>
        <title>Clear Creek Independent School District, Series 2024A</title>
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          <isin value="US184541HJ26"/>
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      <invstOrSec>
        <name>Clear Creek Independent School District</name>
        <lei>N/A</lei>
        <title>Clear Creek Independent School District, Series 2024B</title>
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          <isin value="US184541HW37"/>
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        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Columbia County Public Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Columbus</name>
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      <invstOrSec>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Columbus</name>
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        <name>State of Connecticut</name>
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        <name>State of Connecticut</name>
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      <invstOrSec>
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        <name>State of Connecticut</name>
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        <name>State of Connecticut Special Tax Revenue</name>
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        <name>State of Connecticut Special Tax</name>
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      <invstOrSec>
        <name>State of Connecticut Special Tax</name>
        <lei>5493007GRO6CU0IKP741</lei>
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        <name>Curators of the University of Missouri (The)</name>
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        <name>Dallas Fort Worth International Airport</name>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Dallas</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>167068.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Dallas</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>194599.48000000</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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      <invstOrSec>
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        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>392556.64000000</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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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of Dallas</name>
        <lei>N/A</lei>
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          <isin value="US235219RV60"/>
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        <curCd>USD</curCd>
        <valUSD>173561.70000000</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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      <invstOrSec>
        <name>City of Dallas</name>
        <lei>N/A</lei>
        <title>City of Dallas</title>
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          <isin value="US235219UB69"/>
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        <curCd>USD</curCd>
        <valUSD>147264.47000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Dallas</name>
        <lei>N/A</lei>
        <title>City of Dallas, Series 2023A</title>
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          <isin value="US235219UV24"/>
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        <curCd>USD</curCd>
        <valUSD>294528.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</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>
        <name>City of Dallas</name>
        <lei>N/A</lei>
        <title>City of Dallas</title>
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          <isin value="US235219VR03"/>
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        <curCd>USD</curCd>
        <valUSD>115707.80000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</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>
        <name>City of Dallas</name>
        <lei>N/A</lei>
        <title>City of Dallas, Series 2024A</title>
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          <isin value="US235219WC25"/>
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        <balance>305000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>320826.18000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Dallas</name>
        <lei>N/A</lei>
        <title>City of Dallas, Series 2024B</title>
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          <isin value="US235219XG20"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>236675.05000000</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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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of Dallas</name>
        <lei>N/A</lei>
        <title>City of Dallas, Series 2024B</title>
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          <isin value="US235219YB24"/>
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        <balance>355000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>373420.63000000</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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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of Dallas</name>
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        <title>City of Dallas, Series 2024C</title>
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          <isin value="US235219YM88"/>
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        <curCd>USD</curCd>
        <valUSD>105188.91000000</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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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of Dallas</name>
        <lei>N/A</lei>
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          <isin value="US235219ZH84"/>
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        <balance>195000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>206738.77000000</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>Dallas Area Rapid Transit</name>
        <lei>75YWM81F2R6UQGJIEW47</lei>
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          <isin value="US235241TC06"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Dallas Area Rapid Transit</name>
        <lei>75YWM81F2R6UQGJIEW47</lei>
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          <isin value="US235241TD88"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>37264.19000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Dallas Area Rapid Transit</name>
        <lei>75YWM81F2R6UQGJIEW47</lei>
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      <invstOrSec>
        <name>Dallas Area Rapid Transit</name>
        <lei>75YWM81F2R6UQGJIEW47</lei>
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        <curCd>USD</curCd>
        <valUSD>154863.71000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-01</maturityDt>
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      <invstOrSec>
        <name>Dallas Independent School District</name>
        <lei>N/A</lei>
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          <isin value="US235308F810"/>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>474797.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Davis School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Davis School District</name>
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          <isin value="US2390195S79"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Del Valle Independent School District</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Del Valle Independent School District</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Delaware County Regional Water Quality Control Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Delaware River Joint Toll Bridge Commission</name>
        <lei>549300N6IGAQMI0JLE23</lei>
        <title>Delaware River Joint Toll Bridge Commission, Series 2019B</title>
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        <balance>50000.00000000</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>Delaware River Joint Toll Bridge Commission</name>
        <lei>549300N6IGAQMI0JLE23</lei>
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        <name>Delaware River Port Authority</name>
        <lei>549300OBM31KJO8JR048</lei>
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        <fairValLevel>2</fairValLevel>
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        <lei>549300OBM31KJO8JR048</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Delaware River Port Authority</name>
        <lei>549300OBM31KJO8JR048</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>State of Delaware</name>
        <lei>N/A</lei>
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        <balance>100000.00000000</balance>
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        <valUSD>105365.64000000</valUSD>
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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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        <name>District of Columbia</name>
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        <name>City of Durham</name>
        <lei>N/A</lei>
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        <name>E-470 Public Highway Authority</name>
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        <name>Energy Northwest</name>
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        <name>Erie City Water Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Escondido Union High School District</name>
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        <name>Evergreen School District</name>
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        <name>State of Florida</name>
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        <name>State of Florida</name>
        <lei>5493004G5XFOOUT0LQ57</lei>
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        <name>State of Florida Lottery</name>
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      <invstOrSec>
        <name>Florida Department of Environmental Protection</name>
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        <lei>N/A</lei>
        <title>City of Frisco, Series 2021</title>
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          <isin value="US358776B503"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>105314.21000000</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>2029-02-15</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>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Frisco Independent School District</name>
        <lei>N/A</lei>
        <title>Frisco Independent School District, Series 1999</title>
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        <identifiers>
          <isin value="US358802QQ20"/>
          <other otherDesc="Inhouse Asset ID" value="358802QQ2"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18059.51000000</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>2029-08-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Frisco Independent School District</name>
        <lei>N/A</lei>
        <title>Frisco Independent School District, Series 2021</title>
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          <isin value="US35880CM922"/>
          <other otherDesc="Inhouse Asset ID" value="35880CM92"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>68418.64000000</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>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Frisco Independent School District</name>
        <lei>N/A</lei>
        <title>Frisco Independent School District, Series 2017</title>
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        <identifiers>
          <isin value="US35880CXG40"/>
          <other otherDesc="Inhouse Asset ID" value="35880CXG4"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>326707.16000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-15</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>City of Gainesville Utilities System</name>
        <lei>N/A</lei>
        <title>City of Gainesville Utilities System, Series 2017A</title>
        <cusip>362848UB7</cusip>
        <identifiers>
          <isin value="US362848UB78"/>
          <other otherDesc="Inhouse Asset ID" value="362848UB7"/>
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        <balance>455000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>465974.42000000</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>2029-10-01</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>City of Garland Electric Utility System</name>
        <lei>549300O5KXJ5HAWVEN53</lei>
        <title>City of Garland Electric Utility System, Series 2019A</title>
        <cusip>366133NL6</cusip>
        <identifiers>
          <isin value="US366133NL62"/>
          <other otherDesc="Inhouse Asset ID" value="366133NL6"/>
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        <balance>90000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>94464.26000000</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>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Garland Electric Utility System</name>
        <lei>549300O5KXJ5HAWVEN53</lei>
        <title>City of Garland Electric Utility System, Series 2026</title>
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        <identifiers>
          <isin value="US366133UL89"/>
          <other otherDesc="Inhouse Asset ID" value="366133UL8"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>157630.98000000</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>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Garland Independent School District</name>
        <lei>N/A</lei>
        <title>Garland Independent School District, Series 2018</title>
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          <isin value="US366155Q771"/>
          <other otherDesc="Inhouse Asset ID" value="366155Q77"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>108554.76000000</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>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Garland Independent School District</name>
        <lei>N/A</lei>
        <title>Garland Independent School District, Series 2023A</title>
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          <isin value="US366155Y601"/>
          <other otherDesc="Inhouse Asset ID" value="366155Y60"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>121337.02000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Garland Water &amp; Sewer System</name>
        <lei>549300O5KXJ5HAWVEN53</lei>
        <title>City of Garland Water &amp; Sewer System, Series 2019A</title>
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          <isin value="US366168PK28"/>
          <other otherDesc="Inhouse Asset ID" value="366168PK2"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>78777.36000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Garland Water &amp; Sewer System</name>
        <lei>549300O5KXJ5HAWVEN53</lei>
        <title>City of Garland Water &amp; Sewer System, Series 2021</title>
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          <isin value="US366168QE58"/>
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        <balance>405000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>414899.58000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Garland Water &amp; Sewer System</name>
        <lei>549300O5KXJ5HAWVEN53</lei>
        <title>City of Garland Water &amp; Sewer System, Series 2024</title>
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          <isin value="US366168SP87"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>120791.95000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Georgetown Independent School District</name>
        <lei>N/A</lei>
        <title>Georgetown Independent School District, Series 2023A</title>
        <cusip>373046B75</cusip>
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          <isin value="US373046B759"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>74227.79000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Georgetown Independent School District</name>
        <lei>N/A</lei>
        <title>Georgetown Independent School District, Series 2019D</title>
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          <isin value="US373046XL05"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26018.21000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Georgia State Road &amp; Tollway Authority</name>
        <lei>N/A</lei>
        <title>Georgia State Road &amp; Tollway Authority, Series 2020</title>
        <cusip>373376DJ8</cusip>
        <identifiers>
          <isin value="US373376DJ86"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>238358.23000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Georgia</name>
        <lei>N/A</lei>
        <title>State of Georgia, Series 2018A</title>
        <cusip>373385CN1</cusip>
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          <isin value="US373385CN15"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>93813.34000000</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>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Georgia</name>
        <lei>N/A</lei>
        <title>State of Georgia, Series 2019A</title>
        <cusip>373385EE9</cusip>
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          <isin value="US373385EE97"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>238705.99000000</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>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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      </invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>State of Georgia</name>
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        <name>State of Georgia</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Georgia State Road &amp; Tollway Authority</name>
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          <isin value="US37358MEL19"/>
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        <curCd>USD</curCd>
        <valUSD>725668.38000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Grapevine-Colleyville Independent School District</name>
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          <isin value="US3886405U44"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>53199.49000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Great Lakes Water Authority Sewage Disposal System</name>
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          <isin value="US39081HBG65"/>
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        <curCd>USD</curCd>
        <valUSD>186950.70000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Great Lakes Water Authority Sewage Disposal System</name>
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        <curCd>USD</curCd>
        <valUSD>137562.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Great Lakes Water Authority Water Supply System</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Green Bay Area Public School District</name>
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        <name>County of Guilford</name>
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        <invCountry>US</invCountry>
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        <name>County of Guilford</name>
        <lei>549300OUKUGQGH8RCL96</lei>
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        <name>County of Hamilton</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>County of Harris</name>
        <lei>549300G9BRP25M0W1S40</lei>
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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>2029-08-15</maturityDt>
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      <invstOrSec>
        <name>County of Harris</name>
        <lei>549300G9BRP25M0W1S40</lei>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-15</maturityDt>
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      <invstOrSec>
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        <lei>549300G9BRP25M0W1S40</lei>
        <title>County of Harris, Series 2025A</title>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <name>Harris County Flood Control District</name>
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        <title>Harris County Flood Control District, Series 2017A</title>
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          <isin value="US4140186S51"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Harris County Flood Control District</name>
        <lei>N/A</lei>
        <title>Harris County Flood Control District, Series 2020A</title>
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          <isin value="US4140187S43"/>
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        <curCd>USD</curCd>
        <valUSD>95254.90000000</valUSD>
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        <invCountry>US</invCountry>
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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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      <invstOrSec>
        <name>Harris County Flood Control District</name>
        <lei>N/A</lei>
        <title>Harris County Flood Control District, Series 2021A</title>
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          <isin value="US414019AJ84"/>
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        <balance>200000.00000000</balance>
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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>Harris County Flood Control District</name>
        <lei>N/A</lei>
        <title>Harris County Flood Control District, Series 2025</title>
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          <isin value="US414019CT49"/>
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        <balance>450000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Metropolitan Transit Authority of Harris County Sales &amp; Use Tax</name>
        <lei>N/A</lei>
        <title>Metropolitan Transit Authority of Harris County Sales &amp; Use Tax, Series 2017B</title>
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          <isin value="US41422EHK29"/>
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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>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
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          <isin value="US41422EJA29"/>
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        <balance>70000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Harris</name>
        <lei>549300G9BRP25M0W1S40</lei>
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          <isin value="US41423PBN69"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>County of Harris</name>
        <lei>549300G9BRP25M0W1S40</lei>
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      <invstOrSec>
        <name>County of Hawaii</name>
        <lei>N/A</lei>
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          <isin value="US419722W740"/>
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        <name>State of Hawaii</name>
        <lei>N/A</lei>
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          <isin value="US419792RL26"/>
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        <name>State of Hawaii</name>
        <lei>N/A</lei>
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        <name>State of Hawaii</name>
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      <invstOrSec>
        <name>State of Hawaii Harbor System</name>
        <lei>N/A</lei>
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          <isin value="US41981THP12"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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          <isin value="US426362NH88"/>
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        <name>Hillsborough County School Board</name>
        <lei>N/A</lei>
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        <name>City of Hollywood</name>
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        <name>City &amp; County of Honolulu</name>
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        <name>City &amp; County of Honolulu</name>
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        <name>City &amp; County of Honolulu</name>
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        <name>City &amp; County of Honolulu</name>
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      <invstOrSec>
        <name>City &amp; County of Honolulu</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City &amp; County Honolulu Wastewater System</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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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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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>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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          <isin value="US438701S889"/>
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        <balance>430000.00000000</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>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Horry County School District</name>
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          <isin value="US440673K834"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of Houston</name>
        <lei>549300C64URYS0WQQY42</lei>
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          <isin value="US442331U513"/>
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        <balance>490000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>495826.84000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Houston</name>
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          <isin value="US442332CS90"/>
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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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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Houston</name>
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        <title>City of Houston Airport System, Series 2018B</title>
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          <isin value="US442349BG05"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Houston</name>
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          <isin value="US442349EG77"/>
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        <balance>75000.00000000</balance>
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        <valUSD>79444.76000000</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>Houston Independent School District</name>
        <lei>N/A</lei>
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          <isin value="US442403RG83"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Houston Combined Utility System</name>
        <lei>N/A</lei>
        <title>City of Houston Combined Utility System, Series 2024A</title>
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          <isin value="US44244CS570"/>
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        <balance>220000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Howard</name>
        <lei>N/A</lei>
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          <isin value="US44256PB283"/>
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        <invCountry>US</invCountry>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Howard</name>
        <lei>N/A</lei>
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          <isin value="US44256PHB22"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Howard</name>
        <lei>N/A</lei>
        <title>County of Howard, Series 2018A</title>
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          <isin value="US44256PRR63"/>
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        <balance>165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>170705.50000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-02-15</maturityDt>
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      <invstOrSec>
        <name>County of Howard</name>
        <lei>N/A</lei>
        <title>County of Howard, Series 2020A</title>
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          <isin value="US44256PVV20"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>122431.30000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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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          <isin value="US44420RAQ39"/>
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        <balance>305000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>308655.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
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      <invstOrSec>
        <name>Intermountain Power Agency</name>
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      <invstOrSec>
        <name>Iowa Finance Authority</name>
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      <invstOrSec>
        <name>IPS Multi-School Building Corp.</name>
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        <name>City of Irving</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Irving Independent School District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>JEA Electric System</name>
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        <fairValLevel>2</fairValLevel>
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        <name>JEA Water &amp; Sewer System</name>
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        <invCountry>US</invCountry>
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        <name>City of Jacksonville</name>
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        <name>City of Jacksonville</name>
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        <name>City of Jacksonville</name>
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        <name>City of Jacksonville</name>
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        <name>County of Jefferson AL Sewer Revenue</name>
        <lei>N/A</lei>
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        <name>Jefferson Sales Tax District</name>
        <lei>N/A</lei>
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        <name>County of Johnson</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Johnson County Unified School District No. 229 Blue Valley</name>
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        <name>Kansas Development Finance Authority</name>
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        <name>Kansas Turnpike Authority</name>
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        <name>Karegnondi Water Authority</name>
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      <invstOrSec>
        <name>Katy Independent School District</name>
        <lei>254900H9QSKVP2HWVL72</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-02-15</maturityDt>
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      <invstOrSec>
        <name>Katy Independent School District</name>
        <lei>254900H9QSKVP2HWVL72</lei>
        <title>Katy Independent School District, Series 2019</title>
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          <isin value="US486063YB04"/>
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      <invstOrSec>
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        <name>Kentucky State Property &amp; Building Commission</name>
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        <name>Kentucky State Property &amp; Building Commission</name>
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        <name>Kentucky State Property &amp; Building Commission</name>
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        <name>Kentucky State Property &amp; Building Commission</name>
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        <name>Kentucky Turnpike Authority</name>
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        <name>Killeen Independent School District</name>
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        <name>County of King</name>
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        <name>County of King</name>
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        <name>King County School District No. 403 Renton</name>
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        <name>King County School District No. 405 Bellevue</name>
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        <name>King County School District No. 410 Snoqualmie Valley</name>
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        <name>King County School District No. 414 Lake Washington</name>
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        <name>King County School District No. 415 Kent</name>
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        <name>King County School District No. 415 Kent</name>
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      <invstOrSec>
        <name>Klein Independent School District</name>
        <lei>N/A</lei>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Lake County School District No. 112 North Shore</name>
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      <invstOrSec>
        <name>Lakeville Independent School District No. 194</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Lamar Consolidated Independent School District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Lansing School District</name>
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        <name>City of Laredo</name>
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        <name>Laredo Independent School District</name>
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        <name>Laredo Independent School District</name>
        <lei>N/A</lei>
        <title>Laredo Independent School District, Series 2025</title>
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      <invstOrSec>
        <name>Las Vegas Valley Water District</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>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Las Vegas Valley Water District</name>
        <lei>N/A</lei>
        <title>Las Vegas Valley Water District, Series 2019A</title>
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          <isin value="US517845GB37"/>
          <other otherDesc="Inhouse Asset ID" value="517845GB3"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>79578.80000000</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>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Las Vegas Valley Water District</name>
        <lei>N/A</lei>
        <title>Las Vegas Valley Water District, Series 2022A</title>
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          <isin value="US517845MS97"/>
          <other otherDesc="Inhouse Asset ID" value="517845MS9"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>58357.78000000</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>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Las Vegas Valley Water District</name>
        <lei>N/A</lei>
        <title>Las Vegas Valley Water District, Series 2022B</title>
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          <isin value="US517845NX73"/>
          <other otherDesc="Inhouse Asset ID" value="517845NX7"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>84884.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Las Vegas Valley Water District</name>
        <lei>N/A</lei>
        <title>Las Vegas Valley Water District, Series 2022C</title>
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          <isin value="US517845PH06"/>
          <other otherDesc="Inhouse Asset ID" value="517845PH0"/>
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        <balance>295000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>313009.93000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Leander Independent School District</name>
        <lei>N/A</lei>
        <title>Leander Independent School District, Series 2023</title>
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          <isin value="US521841J567"/>
          <other otherDesc="Inhouse Asset ID" value="521841J56"/>
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        <balance>260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>274261.83000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Leander Independent School District</name>
        <lei>N/A</lei>
        <title>Leander Independent School District, Series 2024</title>
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          <isin value="US521841N510"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>58453.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Leander Independent School District</name>
        <lei>N/A</lei>
        <title>Leander Independent School District, Series 2019C</title>
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        <identifiers>
          <isin value="US521841WL64"/>
          <other otherDesc="Inhouse Asset ID" value="521841WL6"/>
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        <balance>505000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>526444.37000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Lewisville</name>
        <lei>N/A</lei>
        <title>City of Lewisville, Series 2018</title>
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        <identifiers>
          <isin value="US528815EV12"/>
          <other otherDesc="Inhouse Asset ID" value="528815EV1"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>87810.59000000</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>2029-02-15</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lewisville Independent School District</name>
        <lei>N/A</lei>
        <title>Lewisville Independent School District, Series 2019</title>
        <cusip>52882PDL9</cusip>
        <identifiers>
          <isin value="US52882PDL94"/>
          <other otherDesc="Inhouse Asset ID" value="52882PDL9"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>119628.76000000</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>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lewisville Independent School District</name>
        <lei>N/A</lei>
        <title>Lewisville Independent School District, Series 2020</title>
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          <isin value="US52882PEF18"/>
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        <balance>130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>138045.99000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lewisville Independent School District</name>
        <lei>N/A</lei>
        <title>Lewisville Independent School District, Series 2020</title>
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          <isin value="US52882PEG90"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>63383.48000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lewisville Independent School District</name>
        <lei>N/A</lei>
        <title>Lewisville Independent School District, Series 2020</title>
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          <isin value="US52882PEH73"/>
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        <balance>165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>173833.75000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lewisville Independent School District</name>
        <lei>N/A</lei>
        <title>Lewisville Independent School District, Series 2020</title>
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          <isin value="US52882PEJ30"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>120726.90000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lewisville Independent School District</name>
        <lei>N/A</lei>
        <title>Lewisville Independent School District, Series 2024</title>
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          <isin value="US52882PFQ63"/>
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        <balance>290000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>307948.74000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Lincoln</name>
        <lei>N/A</lei>
        <title>City of Lincoln Electric System, Series 2018</title>
        <cusip>534272J75</cusip>
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          <isin value="US534272J750"/>
          <other otherDesc="Inhouse Asset ID" value="534272J75"/>
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        <balance>270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>273080.89000000</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>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Los Angeles Wastewater System</name>
        <lei>N/A</lei>
        <title>City of Los Angeles Wastewater System, Series A</title>
        <cusip>53945CGH7</cusip>
        <identifiers>
          <isin value="US53945CGH79"/>
          <other otherDesc="Inhouse Asset ID" value="53945CGH7"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>81587.14000000</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>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lone Star College System</name>
        <lei>N/A</lei>
        <title>Lone Star College System, Series 2017A</title>
        <cusip>542264HN9</cusip>
        <identifiers>
          <isin value="US542264HN99"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>237523.71000000</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>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <fairValLevel>2</fairValLevel>
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        <name>Los Angeles Department of Water &amp; Power</name>
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        <name>Los Angeles Department of Water &amp; Power Water System</name>
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        <name>Los Angeles Department of Water &amp; Power Water System</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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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Los Angeles County Public Works Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Louisiana</name>
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        <name>State of Louisiana</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lower Colorado River Authority</name>
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        <fairValLevel>2</fairValLevel>
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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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      <invstOrSec>
        <name>Lower Colorado River Authority</name>
        <lei>549300QJFPW2NNBYR215</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lower Colorado River Authority</name>
        <lei>549300QJFPW2NNBYR215</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Lubbock</name>
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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>City of Lubbock Water &amp; Wastewater</name>
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          <isin value="US549233DM30"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of Lubbock TX Water &amp; Wastewater System</name>
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        <title>City of Lubbock Water &amp; Wastewater, Series 2024</title>
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          <isin value="US549233GU29"/>
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        <fairValLevel>2</fairValLevel>
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          <isin value="US55844RE753"/>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Maine Governmental Facilities Authority</name>
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        <lei>N/A</lei>
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        <name>Maine Governmental Facilities Authority</name>
        <lei>N/A</lei>
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        <name>Maine Municipal Bond Bank</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Maine Municipal Bond Bank</name>
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      </invstOrSec>
      <invstOrSec>
        <name>Maine Municipal Bond Bank</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
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        <lei>N/A</lei>
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        <valUSD>875389.52000000</valUSD>
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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>State of Maine</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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          <isin value="US56052AE519"/>
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        <curCd>USD</curCd>
        <valUSD>132522.73000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <lei>N/A</lei>
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          <isin value="US56052AF763"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>State of Maine</name>
        <lei>N/A</lei>
        <title>State of Maine, Series 2022B</title>
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          <isin value="US56052AH413"/>
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        <curCd>USD</curCd>
        <valUSD>111319.09000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>State of Maine</name>
        <lei>N/A</lei>
        <title>State of Maine, Series 2023B</title>
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          <isin value="US56052AJ641"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>185531.82000000</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>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Maine Turnpike Authority</name>
        <lei>N/A</lei>
        <title>Maine Turnpike Authority, Series 2022</title>
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          <isin value="US560551RH81"/>
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        <balance>205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>217508.73000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>Maricopa County Unified School District No. 48 Scottsdale</name>
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        <title>Maricopa County Unified School District No. 48 Scottsdale, Series 2017A</title>
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          <isin value="US567288TL96"/>
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        <balance>100000.00000000</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>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
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          <isin value="US567288UK94"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Maricopa County Unified School District No. 48 Scottsdale</name>
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        <name>Maricopa County Unified School District No. 80 Chandler</name>
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          <isin value="US567389YT24"/>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Maricopa County Union High School District No. 210-Phoenix</name>
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          <isin value="US567505PR75"/>
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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>Maricopa County Union High School District No. 210-Phoenix</name>
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        <title>Maricopa County Union High School District No. 210-Phoenix, Series 2025B</title>
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          <isin value="US567505SN35"/>
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        <balance>340000.00000000</balance>
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        <valUSD>360658.09000000</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>State of Maryland</name>
        <lei>N/A</lei>
        <title>State of Maryland, Series 2017</title>
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          <isin value="US574193NL84"/>
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        <curCd>USD</curCd>
        <valUSD>81104.34000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Maryland</name>
        <lei>N/A</lei>
        <title>State of Maryland, Series 2018A</title>
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          <isin value="US574193QD32"/>
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        <curCd>USD</curCd>
        <valUSD>362513.90000000</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>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Maryland</name>
        <lei>N/A</lei>
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          <isin value="US574193RE06"/>
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        <balance>395000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>417664.27000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>State of Maryland</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>State of Maryland</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
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      <invstOrSec>
        <name>State of Maryland</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Maryland</name>
        <lei>N/A</lei>
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          <isin value="US574193SF61"/>
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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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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Maryland</name>
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        <valUSD>106394.60000000</valUSD>
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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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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Maryland</name>
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        <title>State of Maryland, Series 2022-1A</title>
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          <isin value="US574193VF25"/>
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        <curCd>USD</curCd>
        <valUSD>493401.55000000</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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          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Maryland Department of Transportation</name>
        <lei>N/A</lei>
        <title>State of Maryland Department of Transportation, Series 2018</title>
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          <isin value="US574204K448"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>57081.37000000</valUSD>
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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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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Maryland Department of Transportation</name>
        <lei>N/A</lei>
        <title>State of Maryland Department of Transportation, Series 2020</title>
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          <isin value="US574204P983"/>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Maryland Department of Transportation</name>
        <lei>N/A</lei>
        <title>State of Maryland Department of Transportation, Series 2021A</title>
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          <isin value="US574204R542"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>State of Maryland Department of Transportation</name>
        <lei>N/A</lei>
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          <isin value="US574204R625"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Maryland Department of Transportation</name>
        <lei>N/A</lei>
        <title>State of Maryland Department of Transportation, Series 2021A</title>
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          <isin value="US574204R708"/>
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          <maturityDt>2031-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>State of Maryland Department of Transportation</name>
        <lei>N/A</lei>
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          <isin value="US574204R880"/>
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      <invstOrSec>
        <name>Maryland State Transportation Authority</name>
        <lei>254900MKNK0MO0Z4X426</lei>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Maryland State Transportation Authority</name>
        <lei>254900MKNK0MO0Z4X426</lei>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>238793.90000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Massachusetts Transportation Trust Fund Metropolitan Highway System</name>
        <lei>549300CGDCL8XZK3KN03</lei>
        <title>Massachusetts Transportation Trust Fund Metropolitan Highway System, Series 2018A</title>
        <cusip>57563CDH2</cusip>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52728.09000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Massachusetts Transportation Trust Fund Metropolitan Highway System Revenue</name>
        <lei>549300CGDCL8XZK3KN03</lei>
        <title>Massachusetts Transportation Trust Fund Metropolitan Highway System, Series 2019B-1</title>
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        <balance>145000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>152517.83000000</valUSD>
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        <name>Massachusetts Clean Water Trust (The)</name>
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        <name>Commonwealth of Massachusetts</name>
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        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Milwaukee</name>
        <lei>N/A</lei>
        <title>City of Milwaukee, Series 2022N-3</title>
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          <isin value="US602366N692"/>
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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>Milwaukee Metropolitan Sewerage District</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Milwaukee Metropolitan Sewerage District</name>
        <lei>N/A</lei>
        <title>Milwaukee Metropolitan Sewerage District, Series 2020A</title>
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          <isin value="US602409LF91"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>256232.35000000</valUSD>
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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>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Milwaukee Metropolitan Sewerage District</name>
        <lei>N/A</lei>
        <title>Milwaukee Metropolitan Sewerage District, Series 2023A</title>
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          <isin value="US602409NZ38"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>69179.45000000</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>City of Minneapolis</name>
        <lei>54930069TEI1INHRHS55</lei>
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          <isin value="US60375BMX19"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>69574.04000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Minneapolis-St Paul Metropolitan Airports Commission</name>
        <lei>N/A</lei>
        <title>Minneapolis-St. Paul Metropolitan Airports Commission, Series 2022A</title>
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          <isin value="US603827H256"/>
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        <balance>195000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>204934.49000000</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>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Minneapolis-St Paul Metropolitan Airports Commission</name>
        <lei>N/A</lei>
        <title>Minneapolis-St. Paul Metropolitan Airports Commission, Series 2023A</title>
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          <isin value="US603827M298"/>
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        <balance>440000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>462416.28000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Minneapolis-St Paul Metropolitan Airports Commission</name>
        <lei>N/A</lei>
        <title>Minneapolis-St. Paul Metropolitan Airports Commission, Series A</title>
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          <isin value="US603827WU67"/>
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        <balance>690000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>696364.77000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Minnesota</name>
        <lei>N/A</lei>
        <title>State of Minnesota, Series 2022D</title>
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          <isin value="US60412AA376"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>53243.27000000</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>State of Minnesota</name>
        <lei>N/A</lei>
        <title>State of Minnesota, Series 2023B</title>
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          <isin value="US60412AD263"/>
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        <valUSD>260892.02000000</valUSD>
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        <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>State of Minnesota</name>
        <lei>N/A</lei>
        <title>State of Minnesota, Series 2017D</title>
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          <isin value="US60412AKD45"/>
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        <balance>470000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>463940.62000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <name>State of Minnesota</name>
        <lei>N/A</lei>
        <title>State of Minnesota, Series 2024A</title>
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          <isin value="US60412AL688"/>
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        <valUSD>69216.25000000</valUSD>
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          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>State of Minnesota</name>
        <lei>N/A</lei>
        <title>State of Minnesota, Series 2017A</title>
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          <isin value="US60412ALE19"/>
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        <name>State of Minnesota</name>
        <lei>N/A</lei>
        <title>State of Minnesota, Series 2018A</title>
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          <isin value="US60412APD99"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-01</maturityDt>
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      <invstOrSec>
        <name>State of Minnesota</name>
        <lei>N/A</lei>
        <title>State of Minnesota, Series 2019A</title>
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          <isin value="US60412AQV88"/>
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        <curCd>USD</curCd>
        <valUSD>367378.56000000</valUSD>
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        <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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      <invstOrSec>
        <name>State of Minnesota</name>
        <lei>N/A</lei>
        <title>State of Minnesota, Series 2019A</title>
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          <isin value="US60412AQX45"/>
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        <balance>565000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>598316.02000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Minnesota</name>
        <lei>N/A</lei>
        <title>State of Minnesota, Series 2019B</title>
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        <identifiers>
          <isin value="US60412ARR67"/>
          <other otherDesc="Inhouse Asset ID" value="60412ARR6"/>
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        <balance>185000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>197000.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>State of Minnesota</name>
        <lei>N/A</lei>
        <title>State of Minnesota, Series 2019B</title>
        <cusip>60412ART2</cusip>
        <identifiers>
          <isin value="US60412ART24"/>
          <other otherDesc="Inhouse Asset ID" value="60412ART2"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>48655.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-01</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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>State of Minnesota</name>
        <lei>N/A</lei>
        <title>State of Minnesota, Series 2020A</title>
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          <isin value="US60412ATG84"/>
          <other otherDesc="Inhouse Asset ID" value="60412ATG8"/>
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        <balance>155000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>165054.14000000</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>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>State of Minnesota</name>
        <lei>N/A</lei>
        <title>State of Minnesota, Series 2020B</title>
        <cusip>60412AUC5</cusip>
        <identifiers>
          <isin value="US60412AUC51"/>
          <other otherDesc="Inhouse Asset ID" value="60412AUC5"/>
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        <balance>140000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>144633.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</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>
      <invstOrSec>
        <name>State of Minnesota</name>
        <lei>N/A</lei>
        <title>State of Minnesota, Series 2025B</title>
        <cusip>60412AX73</cusip>
        <identifiers>
          <isin value="US60412AX733"/>
          <other otherDesc="Inhouse Asset ID" value="60412AX73"/>
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        <balance>145000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>154405.48000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>State of Minnesota</name>
        <lei>N/A</lei>
        <title>State of Minnesota, Series 2022B</title>
        <cusip>60412AYV9</cusip>
        <identifiers>
          <isin value="US60412AYV96"/>
          <other otherDesc="Inhouse Asset ID" value="60412AYV9"/>
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        <balance>255000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>271540.68000000</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>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>State of Minnesota</name>
        <lei>N/A</lei>
        <title>State of Minnesota, Series 2023</title>
        <cusip>604140XH1</cusip>
        <identifiers>
          <isin value="US604140XH12"/>
          <other otherDesc="Inhouse Asset ID" value="604140XH1"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>106572.66000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</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>State of Minnesota</name>
        <lei>N/A</lei>
        <title>State of Minnesota, Series 2022A</title>
        <cusip>604146GD6</cusip>
        <identifiers>
          <isin value="US604146GD60"/>
          <other otherDesc="Inhouse Asset ID" value="604146GD6"/>
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        <balance>215000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>226754.80000000</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>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Miracosta Community College District</name>
        <lei>N/A</lei>
        <title>Miracosta Community College District, Series B</title>
        <cusip>604617BL3</cusip>
        <identifiers>
          <isin value="US604617BL32"/>
          <other otherDesc="Inhouse Asset ID" value="604617BL3"/>
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        <balance>140000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>145770.27000000</valUSD>
        <pctVal>0.031188960230</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>
      <invstOrSec>
        <name>Mississippi Development Bank</name>
        <lei>549300122LOI8CB50V38</lei>
        <title>Mississippi Development Bank, Series 2024A</title>
        <cusip>60534XWR3</cusip>
        <identifiers>
          <isin value="US60534XWR33"/>
          <other otherDesc="Inhouse Asset ID" value="60534XWR3"/>
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        <balance>450000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>472410.00000000</valUSD>
        <pctVal>0.101076692130</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</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>State of Mississippi</name>
        <lei>549300JRWW5RFQUB7P94</lei>
        <title>State of Mississippi, Series 2017A</title>
        <cusip>605581JM0</cusip>
        <identifiers>
          <isin value="US605581JM08"/>
          <other otherDesc="Inhouse Asset ID" value="605581JM0"/>
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        <balance>445000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>456683.96000000</valUSD>
        <pctVal>0.097711953654</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</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>
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      <invstOrSec>
        <name>State of Mississippi</name>
        <lei>549300JRWW5RFQUB7P94</lei>
        <title>State of Mississippi, Series 2024</title>
        <cusip>605606AE2</cusip>
        <identifiers>
          <isin value="US605606AE24"/>
          <other otherDesc="Inhouse Asset ID" value="605606AE2"/>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>143218.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</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>State of Mississippi Gaming Tax</name>
        <lei>N/A</lei>
        <title>State of Mississippi Gaming Tax, Series 2019A</title>
        <cusip>605638BG9</cusip>
        <identifiers>
          <isin value="US605638BG98"/>
          <other otherDesc="Inhouse Asset ID" value="605638BG9"/>
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        <balance>540000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>560795.13000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-15</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>Missouri Joint Municipal Electric Utility Commission</name>
        <lei>N/A</lei>
        <title>Missouri Joint Municipal Electric Utility Commission, Series 2017</title>
        <cusip>606092LQ5</cusip>
        <identifiers>
          <isin value="US606092LQ59"/>
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        <balance>430000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>442660.36000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Missouri Joint Municipal Electric Utility Commission</name>
        <lei>N/A</lei>
        <title>Missouri Joint Municipal Electric Utility Commission, Series 2023</title>
        <cusip>606092LW2</cusip>
        <identifiers>
          <isin value="US606092LW28"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>629178.96000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Missouri Joint Municipal Electric Utility Commission</name>
        <lei>N/A</lei>
        <title>Missouri Joint Municipal Electric Utility Commission, Series 2024</title>
        <cusip>606092PR9</cusip>
        <identifiers>
          <isin value="US606092PR96"/>
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        <balance>130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>136167.34000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Missouri Joint Municipal Electric Utility Commission</name>
        <lei>N/A</lei>
        <title>Missouri Joint Municipal Electric Utility Commission, Series 2025</title>
        <cusip>606092QB3</cusip>
        <identifiers>
          <isin value="US606092QB36"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>265618.58000000</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>2029-12-01</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>Missouri Joint Municipal Electric Utility Commission</name>
        <lei>N/A</lei>
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        <name>Missouri Highway &amp; Transportation Commission</name>
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        <name>Monroe County Industrial Development Corp.</name>
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        <name>State of Nevada</name>
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        <fairValLevel>2</fairValLevel>
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          <isin value="US641462GZ39"/>
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        <balance>115000.00000000</balance>
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        <name>State of Nevada</name>
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        <name>Nevada System of Higher Education</name>
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        <name>New Hampshire Municipal Bond Bank</name>
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          <isin value="US64465QBE52"/>
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          <isin value="US64465QBF28"/>
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          <maturityDt>2030-08-15</maturityDt>
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          <isin value="US64465QBH83"/>
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        <name>New Hampshire Municipal Bond Bank</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-15</maturityDt>
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      <invstOrSec>
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          <annualizedRt>5.00000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isin value="US6446825Q59"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of New Hampshire</name>
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          <isin value="US64468FAF45"/>
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        <valUSD>63380.23000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Hampshire State Turnpike System</name>
        <lei>N/A</lei>
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          <isin value="US644693NE97"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>58680.10000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of New Hanover</name>
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          <isin value="US64480PGH64"/>
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        <invCountry>US</invCountry>
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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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      <invstOrSec>
        <name>New Hope Higher Education Finance Corp.</name>
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          <isin value="US645438CC40"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Economic Development Authority</name>
        <lei>5493006JS6QWDVU4R678</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Economic Development Authority</name>
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        <name>New Jersey Economic Development Authority</name>
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        <name>New Jersey Economic Development Authority</name>
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        <name>State of New Jersey</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>New Jersey Educational Facilities Authority</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>City of New York</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 Revenue</name>
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      </invstOrSec>
      <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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          <isin value="US64990KJR59"/>
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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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          <isin value="US6500092N29"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
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          <isin value="US650009Y803"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, Series 2022A</title>
        <cusip>65000BKZ0</cusip>
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          <isin value="US65000BKZ03"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, Series 2022A</title>
        <cusip>65000BVW5</cusip>
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          <isin value="US65000BVW52"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5295.46000000</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>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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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>
        <cusip>650010BR1</cusip>
        <identifiers>
          <isin value="US650010BR16"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>126461.06000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Empire State Development Corp.</name>
        <lei>54930039Y2EMGXN6LM88</lei>
        <title>Empire State Development Corp., Series 2020A</title>
        <cusip>650036AB2</cusip>
        <identifiers>
          <isin value="US650036AB23"/>
          <other otherDesc="Inhouse Asset ID" value="650036AB2"/>
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        <balance>315000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>333853.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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 2020C</title>
        <cusip>650036BQ8</cusip>
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          <isin value="US650036BQ82"/>
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        <balance>260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>275561.83000000</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>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Empire State Development Corp.</name>
        <lei>54930039Y2EMGXN6LM88</lei>
        <title>Empire State Development Corp., Series 2020E</title>
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          <isin value="US650036CT13"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>63366.35000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Newport Mesa Unified School District</name>
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          <isin value="US652113UN92"/>
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        <balance>385000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>351750.09000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>North Carolina Municipal Power Agency No. 1</name>
        <lei>549300N3Q65G1ODRFX75</lei>
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          <isin value="US6582035J98"/>
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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 North Carolina</name>
        <lei>N/A</lei>
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          <isin value="US6582565D01"/>
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        <valUSD>169956.64000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of North Carolina</name>
        <lei>N/A</lei>
        <title>State of North Carolina, Series 2019</title>
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          <isin value="US658268EA14"/>
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        <valUSD>738235.75000000</valUSD>
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          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>State of North Carolina</name>
        <lei>N/A</lei>
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          <maturityDt>2031-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of North Carolina</name>
        <lei>N/A</lei>
        <title>State of North Carolina, Series 2019</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2032-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of North Carolina</name>
        <lei>N/A</lei>
        <title>State of North Carolina, Series 2021</title>
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        <balance>100000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>State of North Carolina</name>
        <lei>N/A</lei>
        <title>State of North Carolina, Series 2017B</title>
        <cusip>65829QCY8</cusip>
        <identifiers>
          <isin value="US65829QCY89"/>
          <other otherDesc="Inhouse Asset ID" value="65829QCY8"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>76153.59000000</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>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>State of North Carolina</name>
        <lei>N/A</lei>
        <title>State of North Carolina, Series 2019A</title>
        <cusip>65829QDM3</cusip>
        <identifiers>
          <isin value="US65829QDM33"/>
          <other otherDesc="Inhouse Asset ID" value="65829QDM3"/>
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        <balance>320000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>338001.54000000</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>2030-05-01</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>State of North Carolina</name>
        <lei>N/A</lei>
        <title>State of North Carolina, Series 2019A</title>
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        <identifiers>
          <isin value="US65829QDN16"/>
          <other otherDesc="Inhouse Asset ID" value="65829QDN1"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>236880.16000000</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>2031-05-01</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>State of North Carolina</name>
        <lei>N/A</lei>
        <title>State of North Carolina, Series 2020B</title>
        <cusip>65829QEA8</cusip>
        <identifiers>
          <isin value="US65829QEA85"/>
          <other otherDesc="Inhouse Asset ID" value="65829QEA8"/>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>143005.78000000</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>2029-05-01</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>State of North Carolina</name>
        <lei>N/A</lei>
        <title>State of North Carolina, Series 2022A</title>
        <cusip>65829QEY6</cusip>
        <identifiers>
          <isin value="US65829QEY61"/>
          <other otherDesc="Inhouse Asset ID" value="65829QEY6"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>158895.32000000</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>2029-05-01</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>North Dakota Public Finance Authority</name>
        <lei>N/A</lei>
        <title>North Dakota Public Finance Authority, Series 2018A</title>
        <cusip>65887PUD5</cusip>
        <identifiers>
          <isin value="US65887PUD58"/>
          <other otherDesc="Inhouse Asset ID" value="65887PUD5"/>
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        <balance>280000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>293008.58000000</valUSD>
        <pctVal>0.062692021829</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</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>North Dakota Public Finance Authority</name>
        <lei>N/A</lei>
        <title>North Dakota Public Finance Authority, Series 2022A</title>
        <cusip>65887PXC4</cusip>
        <identifiers>
          <isin value="US65887PXC49"/>
          <other otherDesc="Inhouse Asset ID" value="65887PXC4"/>
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        <balance>130000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>138602.36000000</valUSD>
        <pctVal>0.029655316505</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</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>North Dakota Building Authority</name>
        <lei>N/A</lei>
        <title>North Dakota Building Authority, Series 2020A</title>
        <cusip>658905EP5</cusip>
        <identifiers>
          <isin value="US658905EP57"/>
          <other otherDesc="Inhouse Asset ID" value="658905EP5"/>
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        <balance>175000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>186270.12000000</valUSD>
        <pctVal>0.039854295151</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>North East Independent School District</name>
        <lei>N/A</lei>
        <title>North East Independent School District, Series 2007</title>
        <cusip>6591542Z0</cusip>
        <identifiers>
          <isin value="US6591542Z04"/>
          <other otherDesc="Inhouse Asset ID" value="6591542Z0"/>
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        <balance>130000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>137855.32000000</valUSD>
        <pctVal>0.029495480066</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>North East Independent School District</name>
        <lei>N/A</lei>
        <title>North East Independent School District, Series 2018</title>
        <cusip>659155KL8</cusip>
        <identifiers>
          <isin value="US659155KL82"/>
          <other otherDesc="Inhouse Asset ID" value="659155KL8"/>
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        <balance>245000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>249979.72000000</valUSD>
        <pctVal>0.053485580739</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <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>North St Paul-Maplewood-Oakdale Independent School District No. 622</name>
        <lei>N/A</lei>
        <title>North St. Paul-Maplewood-Oakdale Independent School District No. 622, Series 2021A</title>
        <cusip>662152GY7</cusip>
        <identifiers>
          <isin value="US662152GY72"/>
          <other otherDesc="Inhouse Asset ID" value="662152GY7"/>
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        <balance>175000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>159041.09000000</valUSD>
        <pctVal>0.034028380622</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Borough of North Slope</name>
        <lei>N/A</lei>
        <title>Borough of North Slope, Series 2022A</title>
        <cusip>662523Q28</cusip>
        <identifiers>
          <isin value="US662523Q284"/>
          <other otherDesc="Inhouse Asset ID" value="662523Q28"/>
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        <balance>1155000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1225111.73000000</valUSD>
        <pctVal>0.262124512941</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-30</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>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority, Series 2008D</title>
        <cusip>66285WBU9</cusip>
        <identifiers>
          <isin value="US66285WBU99"/>
          <other otherDesc="Inhouse Asset ID" value="66285WBU9"/>
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        <balance>545000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>506338.95000000</valUSD>
        <pctVal>0.108336119393</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority, Series 2022B</title>
        <cusip>66285WK70</cusip>
        <identifiers>
          <isin value="US66285WK704"/>
          <other otherDesc="Inhouse Asset ID" value="66285WK70"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>52500.11000000</valUSD>
        <pctVal>0.011232906702</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</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>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority, Series 2024A</title>
        <cusip>66285WQ25</cusip>
        <identifiers>
          <isin value="US66285WQ255"/>
          <other otherDesc="Inhouse Asset ID" value="66285WQ25"/>
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        <balance>225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>236680.58000000</valUSD>
        <pctVal>0.050640101009</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</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>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority, Series 2025A</title>
        <cusip>66285WT55</cusip>
        <identifiers>
          <isin value="US66285WT556"/>
          <other otherDesc="Inhouse Asset ID" value="66285WT55"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>84153.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</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>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority, Series 2025B</title>
        <cusip>66285WV37</cusip>
        <identifiers>
          <isin value="US66285WV370"/>
          <other otherDesc="Inhouse Asset ID" value="66285WV37"/>
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        <balance>85000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>89250.19000000</valUSD>
        <pctVal>0.019095942036</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority, Series 2019A</title>
        <cusip>66285WYR1</cusip>
        <identifiers>
          <isin value="US66285WYR14"/>
          <other otherDesc="Inhouse Asset ID" value="66285WYR1"/>
        </identifiers>
        <balance>60000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>63114.82000000</valUSD>
        <pctVal>0.013504026650</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority, Series 2019B</title>
        <cusip>66285WZL3</cusip>
        <identifiers>
          <isin value="US66285WZL35"/>
          <other otherDesc="Inhouse Asset ID" value="66285WZL3"/>
        </identifiers>
        <balance>315000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>330750.69000000</valUSD>
        <pctVal>0.070767311583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>North Texas Municipal Water District Water System</name>
        <lei>N/A</lei>
        <title>North Texas Municipal Water District Water System, Series 2025</title>
        <cusip>662903H22</cusip>
        <identifiers>
          <isin value="US662903H220"/>
          <other otherDesc="Inhouse Asset ID" value="662903H22"/>
        </identifiers>
        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>159361.79000000</valUSD>
        <pctVal>0.034096997492</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>North Texas Municipal Water District Water System</name>
        <lei>N/A</lei>
        <title>North Texas Municipal Water District Water System, Series 2020</title>
        <cusip>662903ZC0</cusip>
        <identifiers>
          <isin value="US662903ZC02"/>
          <other otherDesc="Inhouse Asset ID" value="662903ZC0"/>
        </identifiers>
        <balance>105000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>111553.25000000</valUSD>
        <pctVal>0.023867897602</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>North Texas Municipal Water District Water System</name>
        <lei>N/A</lei>
        <title>North Texas Municipal Water District Water System, Series 2020</title>
        <cusip>662903ZE6</cusip>
        <identifiers>
          <isin value="US662903ZE67"/>
          <other otherDesc="Inhouse Asset ID" value="662903ZE6"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>102002.38000000</valUSD>
        <pctVal>0.021824396519</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Northampton County General Purpose Authority</name>
        <lei>N/A</lei>
        <title>Northampton County General Purpose Authority, Series 2024A</title>
        <cusip>663507DC2</cusip>
        <identifiers>
          <isin value="US663507DC22"/>
          <other otherDesc="Inhouse Asset ID" value="663507DC2"/>
        </identifiers>
        <balance>320000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>341232.93000000</valUSD>
        <pctVal>0.073010088292</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</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>Northern California Transmission Agency</name>
        <lei>N/A</lei>
        <title>Northern California Transmission Agency, Series 2026A</title>
        <cusip>664848CY2</cusip>
        <identifiers>
          <isin value="US664848CY23"/>
          <other otherDesc="Inhouse Asset ID" value="664848CY2"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>531465.00000000</valUSD>
        <pctVal>0.113712080995</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Northside Independent School District</name>
        <lei>N/A</lei>
        <title>Northside Independent School District, Series 2023A</title>
        <cusip>66702RF31</cusip>
        <identifiers>
          <isin value="US66702RF310"/>
          <other otherDesc="Inhouse Asset ID" value="66702RF31"/>
        </identifiers>
        <balance>280000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>297413.62000000</valUSD>
        <pctVal>0.063634522775</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Northside Independent School District</name>
        <lei>N/A</lei>
        <title>Northside Independent School District, Series 2018</title>
        <cusip>66702RTL6</cusip>
        <identifiers>
          <isin value="US66702RTL68"/>
          <other otherDesc="Inhouse Asset ID" value="66702RTL6"/>
        </identifiers>
        <balance>95000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>97038.98000000</valUSD>
        <pctVal>0.020762429047</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Northside Independent School District</name>
        <lei>N/A</lei>
        <title>Northside Independent School District, Series 2018A</title>
        <cusip>66702RUL4</cusip>
        <identifiers>
          <isin value="US66702RUL40"/>
          <other otherDesc="Inhouse Asset ID" value="66702RUL4"/>
        </identifiers>
        <balance>45000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>45965.83000000</valUSD>
        <pctVal>0.009834834248</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Northside Independent School District</name>
        <lei>N/A</lei>
        <title>Northside Independent School District, Series 2023B</title>
        <cusip>66702RV33</cusip>
        <identifiers>
          <isin value="US66702RV333"/>
          <other otherDesc="Inhouse Asset ID" value="66702RV33"/>
        </identifiers>
        <balance>465000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>463684.05000000</valUSD>
        <pctVal>0.099209690666</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Northside Independent School District</name>
        <lei>N/A</lei>
        <title>Northside Independent School District, Series 2019A</title>
        <cusip>66702RWP3</cusip>
        <identifiers>
          <isin value="US66702RWP36"/>
          <other otherDesc="Inhouse Asset ID" value="66702RWP3"/>
        </identifiers>
        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>156248.75000000</valUSD>
        <pctVal>0.033430932451</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Northside Independent School District</name>
        <lei>N/A</lei>
        <title>Northside Independent School District, Series 2020</title>
        <cusip>66702RYJ5</cusip>
        <identifiers>
          <isin value="US66702RYJ57"/>
          <other otherDesc="Inhouse Asset ID" value="66702RYJ5"/>
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        <balance>55000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>58417.68000000</valUSD>
        <pctVal>0.012499028082</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <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>Northwest Independent School District</name>
        <lei>N/A</lei>
        <title>Northwest Independent School District, Series 2020</title>
        <cusip>6678258E6</cusip>
        <identifiers>
          <isin value="US6678258E65"/>
          <other otherDesc="Inhouse Asset ID" value="6678258E6"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>36858.36000000</valUSD>
        <pctVal>0.007886202887</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
        <title>State of Ohio, Series 2020C</title>
        <cusip>6775225A8</cusip>
        <identifiers>
          <isin value="US6775225A89"/>
          <other otherDesc="Inhouse Asset ID" value="6775225A8"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>422964.20000000</valUSD>
        <pctVal>0.090497284616</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
        <title>State of Ohio, Series 2020B</title>
        <cusip>6775225V2</cusip>
        <identifiers>
          <isin value="US6775225V27"/>
          <other otherDesc="Inhouse Asset ID" value="6775225V2"/>
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        <balance>105000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>111028.10000000</valUSD>
        <pctVal>0.023755536676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
        <title>State of Ohio, Series 2021A</title>
        <cusip>6775226L3</cusip>
        <identifiers>
          <isin value="US6775226L36"/>
          <other otherDesc="Inhouse Asset ID" value="6775226L3"/>
        </identifiers>
        <balance>280000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>296909.65000000</valUSD>
        <pctVal>0.063526693515</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <name>Oklahoma Water Resources Board</name>
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        <name>Omaha Public Power District</name>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Omaha Public Power District</name>
        <lei>54930000VJEJ9CGIYG32</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Omaha Public Power District</name>
        <lei>54930000VJEJ9CGIYG32</lei>
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        <valUSD>89482.04000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Omaha Public Power District Nebraska City Station Unit 2</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
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      <invstOrSec>
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        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-08-15</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Orange County Sanitation District</name>
        <lei>N/A</lei>
        <title>Orange County Sanitation District, Series 2017A</title>
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          <isin value="US68428TDA25"/>
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        <curCd>USD</curCd>
        <valUSD>471107.08000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Orange County Water District</name>
        <lei>N/A</lei>
        <title>Orange County Water District, Series 2017A</title>
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          <isin value="US68442CAY21"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>91195.60000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Orange County Water District</name>
        <lei>N/A</lei>
        <title>Orange County Water District, Series 2019C</title>
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          <isin value="US68442CCL81"/>
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        <balance>395000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>424568.44000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Orange County Water District</name>
        <lei>N/A</lei>
        <title>Orange County Water District, Series 2019C</title>
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          <isin value="US68442CCM64"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>53721.02000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Orange County School Board</name>
        <lei>549300SEFJ368NVQXL34</lei>
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          <isin value="US684517SJ55"/>
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        <balance>350000.00000000</balance>
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        <valUSD>370704.99000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>State of Oregon Department of Transportation</name>
        <lei>N/A</lei>
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          <isin value="US68606UAE82"/>
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        <balance>360000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>381599.35000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Oregon Department of Transportation</name>
        <lei>N/A</lei>
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          <isin value="US68607DVT98"/>
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        <balance>145000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>155176.06000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Oregon State Lottery</name>
        <lei>N/A</lei>
        <title>Oregon State Lottery, Series 2025A</title>
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          <isin value="US68607V6B66"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52893.83000000</valUSD>
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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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      <invstOrSec>
        <name>Oregon State Lottery</name>
        <lei>N/A</lei>
        <title>Oregon State Lottery, Series 2019A</title>
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          <isin value="US68607VY338"/>
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        <balance>100000.00000000</balance>
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        <valUSD>105154.02000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Oregon State Lottery</name>
        <lei>N/A</lei>
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          <isin value="US68607VY411"/>
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        <balance>365000.00000000</balance>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>State of Oregon</name>
        <lei>549300R5SUGZRD8KP359</lei>
        <title>State of Oregon, Series 2019G</title>
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        <balance>245000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2030-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Oregon</name>
        <lei>549300R5SUGZRD8KP359</lei>
        <title>State of Oregon, Series L</title>
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        <balance>125000.00000000</balance>
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        <valUSD>127780.59000000</valUSD>
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        <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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      <invstOrSec>
        <name>State of Oregon</name>
        <lei>549300R5SUGZRD8KP359</lei>
        <title>State of Oregon, Series 2017A</title>
        <cusip>68609BZA8</cusip>
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          <isin value="US68609BZA87"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50840.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Pasadena Independent School District</name>
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        <name>Commonwealth of Pennsylvania</name>
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          <isCashCollateral>N</isCashCollateral>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pittsburgh Water &amp; Sewer Authority</name>
        <lei>N/A</lei>
        <title>Pittsburgh Water &amp; Sewer Authority, Series 2019A</title>
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          <isin value="US725304US66"/>
          <other otherDesc="Inhouse Asset ID" value="725304US6"/>
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        <balance>510000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>537689.84000000</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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          <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>
      <invstOrSec>
        <name>City of Plano</name>
        <lei>N/A</lei>
        <title>City of Plano, Series 2022</title>
        <cusip>727177A49</cusip>
        <identifiers>
          <isin value="US727177A492"/>
          <other otherDesc="Inhouse Asset ID" value="727177A49"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>122212.28000000</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>2029-09-01</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>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Plano</name>
        <lei>N/A</lei>
        <title>City of Plano, Series 2021</title>
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          <isin value="US727177ZH31"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>79703.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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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>Plano Independent School District</name>
        <lei>N/A</lei>
        <title>Plano Independent School District, Series 2023</title>
        <cusip>727199B42</cusip>
        <identifiers>
          <isin value="US727199B429"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>184168.27000000</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>2029-02-15</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Plano Independent School District</name>
        <lei>N/A</lei>
        <title>Plano Independent School District, Series 2025</title>
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          <isin value="US727199E233"/>
          <other otherDesc="Inhouse Asset ID" value="727199E23"/>
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        <balance>205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>216296.42000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</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>
        <name>Plano Independent School District</name>
        <lei>N/A</lei>
        <title>Plano Independent School District, Series 2025B</title>
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        <identifiers>
          <isin value="US727199J935"/>
          <other otherDesc="Inhouse Asset ID" value="727199J93"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52755.23000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</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>
        <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>73358W2N3</cusip>
        <identifiers>
          <isin value="US73358W2N34"/>
          <other otherDesc="Inhouse Asset ID" value="73358W2N3"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>37407.30000000</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>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Port Authority of New York &amp; New Jersey</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>Port Authority of New York &amp; New Jersey, Series 217</title>
        <cusip>73358W4H4</cusip>
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          <isin value="US73358W4H48"/>
          <other otherDesc="Inhouse Asset ID" value="73358W4H4"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>90133.41000000</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>2032-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Port Authority of New York &amp; New Jersey</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>Port Authority of New York &amp; New Jersey, Series 2017</title>
        <cusip>73358WM76</cusip>
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          <isin value="US73358WM763"/>
          <other otherDesc="Inhouse Asset ID" value="73358WM76"/>
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        <balance>370000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>379926.36000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</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>Port Authority of New York &amp; New Jersey</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>Port Authority of New York &amp; New Jersey, Series 212</title>
        <cusip>73358WZ31</cusip>
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          <isin value="US73358WZ310"/>
          <other otherDesc="Inhouse Asset ID" value="73358WZ31"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21375.60000000</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>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Port Authority of Houston of Harris County Texas</name>
        <lei>N/A</lei>
        <title>Port Authority of Houston of Harris County Texas, Series 2020A-2</title>
        <cusip>7342606G2</cusip>
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          <isin value="US7342606G23"/>
          <other otherDesc="Inhouse Asset ID" value="7342606G2"/>
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        <balance>145000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>154197.76000000</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>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Port Authority of Houston of Harris County Texas</name>
        <lei>N/A</lei>
        <title>Port Authority of Houston of Harris County Texas, Series 2021</title>
        <cusip>734262FJ2</cusip>
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          <isin value="US734262FJ27"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26554.69000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Port Authority of Houston of Harris County Texas</name>
        <lei>N/A</lei>
        <title>Port Authority of Houston of Harris County Texas, Series 2023</title>
        <cusip>734262GE2</cusip>
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          <isin value="US734262GE21"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>122151.59000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Port of Seattle</name>
        <lei>549300T9UCDUJ3GZL429</lei>
        <title>Port of Seattle, Series 2022A</title>
        <cusip>735389S82</cusip>
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          <isin value="US735389S826"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>127378.70000000</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>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Portland</name>
        <lei>N/A</lei>
        <title>City of Portland, Series 2020</title>
        <cusip>736560RV7</cusip>
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          <isin value="US736560RV70"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>106801.75000000</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>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Portland</name>
        <lei>254900RPNQMJF9NBMF52</lei>
        <title>City of Portland, Series 2018B</title>
        <cusip>736740TF8</cusip>
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          <isin value="US736740TF89"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20819.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Portland</name>
        <lei>254900RPNQMJF9NBMF52</lei>
        <title>City of Portland, Series 2024B</title>
        <cusip>736740YL9</cusip>
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          <isin value="US736740YL92"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>63595.79000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Regional Transportation Authority</name>
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        <name>Rhode Island Health &amp; Educational Building Corp.</name>
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        <valUSD>1025199.11000000</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>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rhode Island Health &amp; Educational Building Corp.</name>
        <lei>N/A</lei>
        <title>Rhode Island Health &amp; Educational Building Corp., Series 2023</title>
        <cusip>762197K34</cusip>
        <identifiers>
          <isin value="US762197K347"/>
          <other otherDesc="Inhouse Asset ID" value="762197K34"/>
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        <balance>215000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>227549.18000000</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>2029-11-01</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>
      <invstOrSec>
        <name>Rhode Island Health &amp; Educational Building Corp.</name>
        <lei>N/A</lei>
        <title>Rhode Island Health &amp; Educational Building Corp., Series 2023</title>
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        <identifiers>
          <isin value="US762197Q468"/>
          <other otherDesc="Inhouse Asset ID" value="762197Q46"/>
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        <balance>20000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>21241.58000000</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>2029-09-01</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>Rhode Island Infrastructure Bank Water Pollution Control Revolving Fund</name>
        <lei>N/A</lei>
        <title>Rhode Island Infrastructure Bank Water Pollution Control Revolving Fund, Series 2017B</title>
        <cusip>76221UEK8</cusip>
        <identifiers>
          <isin value="US76221UEK88"/>
          <other otherDesc="Inhouse Asset ID" value="76221UEK8"/>
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        <balance>270000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>276351.13000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</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>State of Rhode Island</name>
        <lei>N/A</lei>
        <title>State of Rhode Island, Series 1</title>
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        <identifiers>
          <isin value="US76222RA854"/>
          <other otherDesc="Inhouse Asset ID" value="76222RA85"/>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>170485.09000000</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>2029-10-15</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>State of Rhode Island</name>
        <lei>N/A</lei>
        <title>State of Rhode Island, Series 2018A</title>
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        <identifiers>
          <isin value="US76222RWG37"/>
          <other otherDesc="Inhouse Asset ID" value="76222RWG3"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>129504.04000000</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>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>State of Rhode Island</name>
        <lei>N/A</lei>
        <title>State of Rhode Island, Series 2019A</title>
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        <identifiers>
          <isin value="US76222RXM95"/>
          <other otherDesc="Inhouse Asset ID" value="76222RXM9"/>
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        <balance>160000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>169270.74000000</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>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>State of Rhode Island</name>
        <lei>N/A</lei>
        <title>State of Rhode Island, Series 2019C</title>
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        <identifiers>
          <isin value="US76222RZD78"/>
          <other otherDesc="Inhouse Asset ID" value="76222RZD7"/>
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        <balance>385000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>404400.11000000</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>2030-01-15</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>
        <name>State of Rhode Island</name>
        <lei>N/A</lei>
        <title>State of Rhode Island, Series 2019C</title>
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        <identifiers>
          <isin value="US76222RZE51"/>
          <other otherDesc="Inhouse Asset ID" value="76222RZE5"/>
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        <balance>220000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>230524.49000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Rhode Island</name>
        <lei>N/A</lei>
        <title>State of Rhode Island, Series 2019C</title>
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          <isin value="US76222RZF27"/>
          <other otherDesc="Inhouse Asset ID" value="76222RZF2"/>
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        <balance>435000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>455106.83000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Rhode Island Commerce Corp.</name>
        <lei>N/A</lei>
        <title>Rhode Island Commerce Corp., Series 2020A</title>
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          <isin value="US762232BQ87"/>
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        <balance>260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>274518.58000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Richardson Independent School District</name>
        <lei>N/A</lei>
        <title>Richardson Independent School District, Series 2021</title>
        <cusip>7632615R1</cusip>
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          <isin value="US7632615R15"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52629.73000000</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>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Richmond</name>
        <lei>N/A</lei>
        <title>City of Richmond, Series 2017B</title>
        <cusip>76541VRX7</cusip>
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          <isin value="US76541VRX72"/>
          <other otherDesc="Inhouse Asset ID" value="76541VRX7"/>
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        <balance>495000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>500041.72000000</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>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Richmond</name>
        <lei>N/A</lei>
        <title>City of Richmond, Series 2017D</title>
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          <isin value="US76541VTC18"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>116205.31000000</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>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Riverside</name>
        <lei>N/A</lei>
        <title>City of Riverside, Series 2019A</title>
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          <isin value="US768874UL14"/>
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        <balance>245000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>258827.31000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Riverside County Transportation Commission Sales Tax</name>
        <lei>N/A</lei>
        <title>Riverside County Transportation Commission Sales Tax, Series 2017A</title>
        <cusip>769125FV2</cusip>
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          <isin value="US769125FV24"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20403.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Rockwall Independent School District</name>
        <lei>5493008ZIVPUZPQOR621</lei>
        <title>Rockwall Independent School District, Series 2025</title>
        <cusip>774286FA1</cusip>
        <identifiers>
          <isin value="US774286FA16"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>115868.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Round Rock Independent School District</name>
        <lei>N/A</lei>
        <title>Round Rock Independent School District, Series 2018</title>
        <cusip>779240MK3</cusip>
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          <isin value="US779240MK35"/>
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        <balance>70000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Sacramento Airport System</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of St. Louis</name>
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        <name>Salem-Keizer School District No. 24J</name>
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        <name>Sales Tax Securitization Corp.</name>
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        <name>Sales Tax Securitization Corp.</name>
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        <name>Sales Tax Securitization Corp.</name>
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        <name>City of Salt Lake City</name>
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          <maturityDt>2030-02-01</maturityDt>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
        <lei>SHB8HO6GKXJ83RX5OV39</lei>
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          <isCashCollateral>N</isCashCollateral>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>City of San Antonio</name>
        <lei>5493002G2FEH20Q4GQ04</lei>
        <title>City of San Antonio Electric &amp; Gas Systems, Series 2024D</title>
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          <isin value="US79625GLC59"/>
          <other otherDesc="Inhouse Asset ID" value="79625GLC5"/>
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        <balance>95000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99938.18000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of San Antonio Electric &amp; Gas Systems</name>
        <lei>5493002G2FEH20Q4GQ04</lei>
        <title>City of San Antonio Electric &amp; Gas Systems, Series 2026A</title>
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          <isin value="US79625GNT66"/>
          <other otherDesc="Inhouse Asset ID" value="79625GNT6"/>
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        <balance>740000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>729168.84000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>San Antonio Independent School District</name>
        <lei>N/A</lei>
        <title>San Antonio Independent School District, Series 2020B</title>
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        <identifiers>
          <isin value="US796269G771"/>
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        <balance>165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>175064.14000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>San Antonio Water System</name>
        <lei>549300S7VENCVRZAA322</lei>
        <title>San Antonio Water System, Series 2020A</title>
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        <identifiers>
          <isin value="US79642GHD79"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>195683.12000000</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>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>San Antonio Water System</name>
        <lei>549300S7VENCVRZAA322</lei>
        <title>San Antonio Water System, Series 2025B</title>
        <cusip>79642GSJ2</cusip>
        <identifiers>
          <isin value="US79642GSJ21"/>
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        <balance>130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>137507.06000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>San Diego Public Facilities Financing Authority</name>
        <lei>N/A</lei>
        <title>San Diego Public Facilities Financing Authority, Series 2026A</title>
        <cusip>79730CNZ3</cusip>
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          <isin value="US79730CNZ31"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>374264.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <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>San Diego Unified School District</name>
        <lei>N/A</lei>
        <title>San Diego Unified School District, Series 2017J</title>
        <cusip>7973556D1</cusip>
        <identifiers>
          <isin value="US7973556D10"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>76636.81000000</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>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>San Diego Unified School District</name>
        <lei>N/A</lei>
        <title>San Diego Unified School District, Series R-1</title>
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        <identifiers>
          <isin value="US797355P992"/>
          <other otherDesc="Inhouse Asset ID" value="797355P99"/>
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        <balance>245000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>225310.11000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>San Diego Unified School District</name>
        <lei>N/A</lei>
        <title>San Diego Unified School District, Series 2021E-2</title>
        <cusip>797356EB4</cusip>
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          <isin value="US797356EB46"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>69441.67000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>San Diego County Regional Airport Authority</name>
        <lei>N/A</lei>
        <title>San Diego County Regional Airport Authority, Series 2019A</title>
        <cusip>79739GKV7</cusip>
        <identifiers>
          <isin value="US79739GKV76"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>635855.22000000</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>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>San Diego County Water Authority</name>
        <lei>549300Y0QN5OFKA1G520</lei>
        <title>San Diego County Water Authority, Series 2022A</title>
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          <isin value="US79741TAY01"/>
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        <balance>205000.00000000</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>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City &amp; County of San Francisco</name>
        <lei>549300RA28ZEFOB6M782</lei>
        <title>City &amp; County of San Francisco, Series 2020B</title>
        <cusip>7976467Q3</cusip>
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          <isin value="US7976467Q32"/>
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        <balance>265000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of San Francisco</name>
        <lei>N/A</lei>
        <title>City of San Francisco, Series D</title>
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          <isin value="US79765R2J71"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>102987.42000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>San Francisco City &amp; County Airport Comm-San Francisco International Airport</name>
        <lei>54930055TIDYHNDP4F84</lei>
        <title>San Francisco City &amp; County Airport Comm-San Francisco International Airport, Series 2019D</title>
        <cusip>79766DMM8</cusip>
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          <isin value="US79766DMM82"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>San Francisco City &amp; County Airport Comm-San Francisco International Airport</name>
        <lei>54930055TIDYHNDP4F84</lei>
        <title>San Francisco City &amp; County Airport Comm-San Francisco International Airport, Series 2022B</title>
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          <isin value="US79766DUL18"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City &amp; County of San Francisco</name>
        <lei>549300RA28ZEFOB6M782</lei>
        <title>City &amp; County of San Francisco, Series 2021D1</title>
        <cusip>79773KGE8</cusip>
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          <isin value="US79773KGE82"/>
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        <balance>525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>540967.35000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>San Joaquin Hills Transportation Corridor Agency</name>
        <lei>N/A</lei>
        <title>San Joaquin Hills Transportation Corridor Agency, Series 1997A</title>
        <cusip>798111DD9</cusip>
        <identifiers>
          <isin value="US798111DD98"/>
          <other otherDesc="Inhouse Asset ID" value="798111DD9"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>46091.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>City of San Jose</name>
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      <invstOrSec>
        <name>San Jose Unified School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>San Jose Evergreen Community College District</name>
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      <invstOrSec>
        <name>San Marcos Consolidated Independent School District</name>
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      <invstOrSec>
        <name>San Mateo County Community College District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>San Mateo County Community College District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Santa Clarita Community College District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Santa Fe Public School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Santa Fe Public School District</name>
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        <name>City of Santa Rosa</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SCAGO Educational Facilities Corp. for Pickens School District</name>
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        <name>Scottsdale Municipal Property Corp.</name>
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        <name>City of Seattle</name>
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        <name>City of Seattle</name>
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        <name>City of Seattle</name>
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        <name>City of Seattle</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>City of Seattle</name>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <fairValLevel>2</fairValLevel>
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        <name>South Carolina Public Service Authority</name>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>South Carolina Public Service Authority</name>
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          <isin value="US837151YG89"/>
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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>South Carolina Transportation Infrastructure Bank</name>
        <lei>549300YI1NMCP4VLJN43</lei>
        <title>South Carolina Transportation Infrastructure Bank, Series 2019A</title>
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          <isin value="US837152VL84"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>193561.99000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>South Carolina Transportation Infrastructure Bank</name>
        <lei>549300YI1NMCP4VLJN43</lei>
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          <isin value="US837152WA11"/>
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        <balance>490000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>522424.28000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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 2026C</title>
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          <isin value="US83715BBA44"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>132890.85000000</valUSD>
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        <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>South Dakota Conservancy District</name>
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        <title>South Dakota Conservancy District, Series 2017B</title>
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          <isin value="US837545LQ38"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>117615.11000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>South Dakota Conservancy District</name>
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          <isin value="US837545QD79"/>
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        <balance>85000.00000000</balance>
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        <valUSD>90407.70000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Southern California Public Power Authority</name>
        <lei>5493003B5TD5FWUKMD34</lei>
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          <isin value="US842469AX67"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Southern California Public Power Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>County of Spokane</name>
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      <invstOrSec>
        <name>Temple University-of The Commonwealth System of Higher Education</name>
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      <invstOrSec>
        <name>State of Tennessee</name>
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      <invstOrSec>
        <name>State of Tennessee</name>
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      <invstOrSec>
        <name>State of Tennessee</name>
        <lei>549300TVFIIUZ7573M16</lei>
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        <valUSD>373744.41000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Tennessee State School Bond Authority</name>
        <lei>N/A</lei>
        <title>Tennessee State School Bond Authority, Series 2019A</title>
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          <isin value="US880558LT62"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
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        <lei>N/A</lei>
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          <isin value="US880558PQ87"/>
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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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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Permanent University Fund - Texas A&amp;M University System</name>
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          <isin value="US8821177K44"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>132458.24000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas A&amp;M University</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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      <invstOrSec>
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        <name>State of Texas</name>
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        <name>State of Texas</name>
        <lei>549300X9CH74QB747L76</lei>
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        <name>Central Texas Turnpike System</name>
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        <name>Texas State Technical College</name>
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      <invstOrSec>
        <name>Texas State University System</name>
        <lei>N/A</lei>
        <title>Texas State University System, Series 2024</title>
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          <isin value="US88278PG812"/>
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      <invstOrSec>
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          <isin value="US88278PYJ73"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55708.27000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Texas Tech University System</name>
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          <isin value="US882806JF01"/>
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        <curCd>USD</curCd>
        <valUSD>115846.07000000</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>2029-02-15</maturityDt>
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      </invstOrSec>
      <invstOrSec>
        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
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          <isin value="US8828544F67"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-15</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>Texas Water Development Board</name>
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        <title>Texas Water Development Board, Series 2021</title>
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          <isin value="US8828545N82"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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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="US8828546T44"/>
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        <curCd>USD</curCd>
        <valUSD>116897.21000000</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>2029-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
        <title>Texas Water Development Board, Series 2018</title>
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          <isin value="US882854D418"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>122675.38000000</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>2029-08-01</maturityDt>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
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          <isin value="US882854G973"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
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          <isin value="US882854U263"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Texas Water Development Board</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Texas Water Development Board</name>
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          <isin value="US882854X986"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
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          <isin value="US882854Y489"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Texas Water Development Board</name>
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          <isin value="US882854ZZ81"/>
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          <isin value="US88285ACU07"/>
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        <name>Texas Water Development Board</name>
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        <title>Texas Water Development Board, Series 2024A</title>
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      <invstOrSec>
        <name>County of Travis</name>
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      <invstOrSec>
        <name>County of Travis</name>
        <lei>549300HEC6MNL5465K30</lei>
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        <name>Triborough Bridge &amp; Tunnel 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>2029-05-15</maturityDt>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>Trinity River Authority Central Regional Wastewater System</name>
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        <name>University of Pittsburgh-of the Commonwealth System of Higher Education</name>
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        <name>University of Alabama (The)</name>
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        <name>Board of Regents of the University of Texas System</name>
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        <name>University of Washington</name>
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          <isin value="US92817LSB08"/>
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        <curCd>USD</curCd>
        <valUSD>245795.34000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Virginia Public School Authority</name>
        <lei>N/A</lei>
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          <isin value="US92817TLC89"/>
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        <balance>60000.00000000</balance>
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        <valUSD>62167.57000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Virginia Public School Authority</name>
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          <isin value="US92817TLX27"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>72528.83000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Virginia Public School Authority</name>
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          <isin value="US92818HLU31"/>
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        <balance>25000.00000000</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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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Virginia Public School Authority</name>
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          <isin value="US92818HPF28"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>79793.73000000</valUSD>
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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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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Virginia Public School Authority</name>
        <lei>N/A</lei>
        <title>Virginia Public School Authority, Series 2020B</title>
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          <isin value="US92818HQX25"/>
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        <balance>145000.00000000</balance>
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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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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Virginia Public School Authority</name>
        <lei>N/A</lei>
        <title>Virginia Public School Authority, Series 2021A</title>
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          <isin value="US92818HTA94"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>63834.98000000</valUSD>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Virginia Public School Authority</name>
        <lei>N/A</lei>
        <title>Virginia Public School Authority, Series 2021C</title>
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          <isin value="US92818HVA66"/>
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        <balance>320000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>340453.25000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Virginia Resources Authority</name>
        <lei>N/A</lei>
        <title>Virginia Resources Authority, Series 2019A</title>
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          <isin value="US92818M3T53"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>127186.14000000</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>Virginia Resources Authority</name>
        <lei>N/A</lei>
        <title>Virginia Resources Authority, Series 2017C</title>
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          <isin value="US92818MRR33"/>
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        <balance>120000.00000000</balance>
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        <valUSD>123246.44000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Virginia Resources Authority</name>
        <lei>N/A</lei>
        <title>Virginia Resources Authority, Series 2024B</title>
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          <isin value="US92818PWR09"/>
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        <balance>65000.00000000</balance>
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        <valUSD>69559.87000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Volusia County School Board</name>
        <lei>N/A</lei>
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          <isin value="US92884EKD84"/>
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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>Volusia County School Board</name>
        <lei>N/A</lei>
        <title>Volusia County School Board, Series 2025B</title>
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          <isin value="US92884EKK28"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Waco</name>
        <lei>N/A</lei>
        <title>City of Waco, Series 2023A</title>
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          <isin value="US929831VV45"/>
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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>City of Waco TX</name>
        <lei>N/A</lei>
        <title>City of Waco, Series 2024A</title>
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          <isin value="US929831YF67"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>68314.61000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
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      <invstOrSec>
        <name>County of Wake</name>
        <lei>5493007XQJHO082P1H29</lei>
        <title>County of Wake, Series 2018A</title>
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          <isin value="US930864AL73"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>191614.58000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Wake</name>
        <lei>5493007XQJHO082P1H29</lei>
        <title>County of Wake, Series 2019A</title>
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          <isin value="US930864BE22"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>105766.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
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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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        <fairValLevel>2</fairValLevel>
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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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        <name>Washoe County School District/NV</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <name>Washoe County School District</name>
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          <isin value="US940859HQ77"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Wayne County Airport Authority</name>
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          <isin value="US944514A998"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Wayne County Airport Authority</name>
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        <name>Weld County School District No. 6 Greeley</name>
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        <name>Weld County School District No. 6 Greeley</name>
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      <invstOrSec>
        <name>West Chester Area School District</name>
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          <isin value="US9520306K52"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-15</maturityDt>
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      <invstOrSec>
        <name>West Virginia Commissioner of Highways</name>
        <lei>N/A</lei>
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        <balance>675000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>West Virginia Parkways Authority</name>
        <lei>N/A</lei>
        <title>West Virginia Parkways Authority, Series 2018</title>
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          <isin value="US956510AL50"/>
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        <valUSD>561474.72000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>West Virginia Parkways Authority</name>
        <lei>N/A</lei>
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          <isin value="US956510BH30"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of West Virginia</name>
        <lei>N/A</lei>
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          <isin value="US956553F305"/>
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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>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of West Virginia</name>
        <lei>N/A</lei>
        <title>State of West Virginia, Series 2019A</title>
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          <isin value="US956553F891"/>
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        <balance>645000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>680292.72000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of West Virginia</name>
        <lei>N/A</lei>
        <title>State of West Virginia, Series 2021A</title>
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          <isin value="US956553L410"/>
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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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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of West Virginia</name>
        <lei>N/A</lei>
        <title>State of West Virginia, Series 2018A</title>
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          <isin value="US956553ZD67"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>93481.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of West Virginia</name>
        <lei>N/A</lei>
        <title>State of West Virginia, Series 2018A</title>
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          <isin value="US956553ZE41"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>103757.88000000</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>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>County of Westchester</name>
        <lei>N/A</lei>
        <title>County of Westchester, Series 2017A</title>
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          <isin value="US95736U4G69"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55693.96000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Westminster Water &amp; Wastewater Utility</name>
        <lei>N/A</lei>
        <title>City of Westminster Water &amp; Wastewater Utility, Series 2024</title>
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        <identifiers>
          <isin value="US960686DP53"/>
          <other otherDesc="Inhouse Asset ID" value="960686DP5"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>267329.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>County of Will</name>
        <lei>N/A</lei>
        <title>County of Will, Series 2021</title>
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          <isin value="US968657KD72"/>
          <other otherDesc="Inhouse Asset ID" value="968657KD7"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>42612.72000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>William S Hart Union High School District</name>
        <lei>N/A</lei>
        <title>William S Hart Union High School District, Series 2005B</title>
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          <isin value="US969275PS96"/>
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        <balance>525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>477003.40000000</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>2029-09-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>County of Williamson</name>
        <lei>N/A</lei>
        <title>County of Williamson, Series 2022</title>
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          <isin value="US969872D648"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>127100.58000000</valUSD>
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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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      <invstOrSec>
        <name>County of Williamson</name>
        <lei>N/A</lei>
        <title>County of Williamson, Series 2018</title>
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          <isin value="US969872PK00"/>
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        <balance>60000.00000000</balance>
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        <valUSD>62244.76000000</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>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Williamson</name>
        <lei>N/A</lei>
        <title>County of Williamson, Series 2019</title>
        <cusip>969872QW3</cusip>
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          <isin value="US969872QW39"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>79437.86000000</valUSD>
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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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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>County of Williamson</name>
        <lei>N/A</lei>
        <title>County of Williamson, Series 2019</title>
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          <isin value="US969872RK81"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>105587.35000000</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>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>County of Williamson</name>
        <lei>N/A</lei>
        <title>County of Williamson, Series 2020</title>
        <cusip>9698876F0</cusip>
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          <isin value="US9698876F04"/>
          <other otherDesc="Inhouse Asset ID" value="9698876F0"/>
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        <balance>305000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>320902.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>County of Williamson</name>
        <lei>N/A</lei>
        <title>County of Williamson, Series 2020</title>
        <cusip>9698876H6</cusip>
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          <isin value="US9698876H69"/>
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        <balance>170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>177959.01000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wisconsin Department of Transportation</name>
        <lei>549300VTAT608CNZ5827</lei>
        <title>Wisconsin Department of Transportation, Series 2021A</title>
        <cusip>977123Z92</cusip>
        <identifiers>
          <isin value="US977123Z920"/>
          <other otherDesc="Inhouse Asset ID" value="977123Z92"/>
        </identifiers>
        <balance>365000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>387597.59000000</valUSD>
        <pctVal>0.082930256080</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wylie Independent School District</name>
        <lei>N/A</lei>
        <title>Wylie Independent School District, Series 2019B</title>
        <cusip>9830685Z6</cusip>
        <identifiers>
          <isin value="US9830685Z67"/>
          <other otherDesc="Inhouse Asset ID" value="9830685Z6"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>106039.70000000</valUSD>
        <pctVal>0.022688220212</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wylie Independent School District</name>
        <lei>N/A</lei>
        <title>Wylie Independent School District, Series 2020A</title>
        <cusip>9830686E2</cusip>
        <identifiers>
          <isin value="US9830686E20"/>
          <other otherDesc="Inhouse Asset ID" value="9830686E2"/>
        </identifiers>
        <balance>55000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>58321.84000000</valUSD>
        <pctVal>0.012478522186</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>City of Yonkers</name>
        <lei>N/A</lei>
        <title>City of Yonkers, Series 2026A</title>
        <cusip>9860824Q5</cusip>
        <identifiers>
          <isin value="US9860824Q59"/>
          <other otherDesc="Inhouse Asset ID" value="9860824Q5"/>
        </identifiers>
        <balance>225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>237632.85000000</valUSD>
        <pctVal>0.050843848393</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</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>Fort Mill School District No. 4</name>
        <lei>N/A</lei>
        <title>Fort Mill School District No. 4, Series 2017E</title>
        <cusip>986525WP4</cusip>
        <identifiers>
          <isin value="US986525WP43"/>
          <other otherDesc="Inhouse Asset ID" value="986525WP4"/>
        </identifiers>
        <balance>120000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>124045.58000000</valUSD>
        <pctVal>0.026540752523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ysleta Independent School District</name>
        <lei>N/A</lei>
        <title>Ysleta Independent School District, Series 2020</title>
        <cusip>98816PCJ9</cusip>
        <identifiers>
          <isin value="US98816PCJ93"/>
          <other otherDesc="Inhouse Asset ID" value="98816PCJ9"/>
        </identifiers>
        <balance>120000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>122216.62000000</valUSD>
        <pctVal>0.026149428828</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-15</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>
    </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>2026-07-31</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>
