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        <securityLending>
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      <invstOrSec>
        <name>Massachusetts Development Finance Agency</name>
        <lei>549300UZSVMFXJK08K70</lei>
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        <cusip>57585BKG2</cusip>
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          <isin value="US57585BKG22"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1263950.50000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Mida Mountain Village Public Infrastructure District</name>
        <lei>N/A</lei>
        <title>Mida Mountain Village Public Infrastructure District, Series 2020 A, RB</title>
        <cusip>59561TAB9</cusip>
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          <isin value="US59561TAB98"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corp.</name>
        <lei>549300EIUFISISP8X671</lei>
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        <cusip>74529JQH1</cusip>
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          <isin value="US74529JQH13"/>
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        <balance>11268000.00000000</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>2051-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Oconee (County of), GA Industrial Development Authority (Presbyterian Village Athens)</name>
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        <title>Oconee (County of), GA Industrial Development Authority (Presbyterian Village Athens), Series 2018 A-1, RB</title>
        <cusip>67556TCW1</cusip>
        <identifiers>
          <isin value="US67556TCW18"/>
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        <balance>1850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1856271.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>New York Counties Tobacco Trust VI</name>
        <lei>N/A</lei>
        <title>New York Counties Tobacco Trust VI, Series 2016 A, Ref. RB</title>
        <cusip>64945JBD3</cusip>
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          <isin value="US64945JBD37"/>
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        <balance>2640000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2605356.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>Arlington Higher Education Finance Corp. (Basis Texas Charter Schools, Inc.)</name>
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        <cusip>041807JT6</cusip>
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          <isin value="US041807JT64"/>
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        <balance>1660000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1507039.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-15</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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        <name>District of Columbia (Provident Group - Howard Properties LLC)</name>
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        <cusip>25483WAJ1</cusip>
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          <isin value="US25483WAJ18"/>
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        <valUSD>1262056.97000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Public Finance Authority (Wakemed Hospital)</name>
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          <isin value="US74442CBY93"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2937243.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminals C&amp;D Redevelopment)</name>
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        <title>New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminals C&amp;D Redevelopment), Series 2020, RB</title>
        <cusip>650116CY0</cusip>
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          <isin value="US650116CY01"/>
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        <valUSD>5034525.00000000</valUSD>
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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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        <name>Waterford Township Economic Development Corp.</name>
        <lei>N/A</lei>
        <title>Waterford Township Economic Development Corp., Series 2016 A, RB</title>
        <cusip>941ESCAC9</cusip>
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        <balance>980000.00000000</balance>
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        <valUSD>218540.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-01</maturityDt>
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          <annualizedRt>0.00000000</annualizedRt>
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        <name>Children's Trust Fund</name>
        <lei>N/A</lei>
        <title>Children's Trust Fund, Series 2002, RB</title>
        <cusip>16876QBG3</cusip>
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          <isin value="US16876QBG38"/>
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        <balance>7645000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-05-15</maturityDt>
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          <annualizedRt>5.62500000</annualizedRt>
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        <name>Jefferson (County of), AL</name>
        <lei>N/A</lei>
        <title>Jefferson (County of), AL, Series 2024, Ref. Revenue Wts.</title>
        <cusip>472682ZP1</cusip>
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          <isin value="US472682ZP16"/>
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        <balance>1500000.00000000</balance>
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        <valUSD>1539733.80000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>Brooklyn Park (City of), MN (Prairie Seeds Academy)</name>
        <lei>549300SRSB2KMQNYBB75</lei>
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        <cusip>114224AP3</cusip>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Puerto Rico (Commonwealth of) Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
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        <cusip>74526QKX9</cusip>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-07-01</maturityDt>
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        <name>Oklahoma (County of), OK Finance Authority (Astec)</name>
        <lei>549300KPR05JUN0F1289</lei>
        <title>Oklahoma (County of), OK Finance Authority (Astec), Series 2024, RB</title>
        <cusip>67868WAB5</cusip>
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          <isin value="US67868WAB54"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2044-06-15</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Sterling Ranch Community Authority Board</name>
        <lei>N/A</lei>
        <title>Sterling Ranch Community Authority Board, Series 2024, RB</title>
        <cusip>85950TAA5</cusip>
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          <isin value="US85950TAA51"/>
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        <balance>852000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2043-12-01</maturityDt>
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          <annualizedRt>5.62500000</annualizedRt>
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        <name>Crandall (City of), TX (River Ridge Public Improvement Disctrict Improvement Area #3)</name>
        <lei>N/A</lei>
        <title>Crandall (City of), TX (River Ridge Public Improvement Disctrict Improvement Area #3), Series 2025, RB</title>
        <cusip>224384AR8</cusip>
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          <isin value="US224384AR84"/>
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        <balance>545000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-09-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Princeton TX</name>
        <lei>N/A</lei>
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          <isin value="US742400DA99"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-09-01</maturityDt>
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      <invstOrSec>
        <name>Parterre Metropolitan District No 5</name>
        <lei>N/A</lei>
        <title>Parterre Metropolitan District No 5, Series 2025, GO Bonds</title>
        <cusip>70211AAA3</cusip>
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          <isin value="US70211AAA34"/>
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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>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Prairie Center Metropolitan District No. 7</name>
        <lei>N/A</lei>
        <title>Prairie Center Metropolitan District No. 7, Series 2021, GO Bonds</title>
        <cusip>739491AC2</cusip>
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          <isin value="US739491AC21"/>
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        <balance>1330000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1297612.37000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Las Vegas (City of), NV Special Improvement District No. 815</name>
        <lei>N/A</lei>
        <title>Las Vegas (City of), NV Special Improvement District No. 815, Series 2020, RB</title>
        <cusip>51778VAN4</cusip>
        <identifiers>
          <isin value="US51778VAN47"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>309925.62000000</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>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wisconsin (State of) Public Finance Authority (North Carolina Leadership Academy)</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Wisconsin (State of) Public Finance Authority (North Carolina Leadership Academy), Series 2019, RB</title>
        <cusip>74442EEF3</cusip>
        <identifiers>
          <isin value="US74442EEF34"/>
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        <balance>440000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>420007.24000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Reno N.V.</name>
        <lei>549300M4R5WWSUWY8D52</lei>
        <title>City of Reno N.V., Series 2025, RB</title>
        <cusip>759865CD8</cusip>
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          <isin value="US759865CD81"/>
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        <balance>825000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Argyle (Town of), TX (The Highlands of Argyle Public Improvement District No. 1)</name>
        <lei>N/A</lei>
        <title>Argyle (Town of), TX (The Highlands of Argyle Public Improvement District No. 1), Series 2017, RB</title>
        <cusip>04033EAA0</cusip>
        <identifiers>
          <isin value="US04033EAA01"/>
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        <balance>195000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>195224.04000000</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>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Harrison (County of), WV County Commission (Charles Pointe Economic Opportunity Development District)</name>
        <lei>N/A</lei>
        <title>Harrison (County of), WV County Commission (Charles Pointe Economic Opportunity Development District), Series 2019 A, RB</title>
        <cusip>41524TAB3</cusip>
        <identifiers>
          <isin value="US41524TAB35"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>691225.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Lake Helen (City of), FL (Ivy Hawn Charter School of the Arts)</name>
        <lei>N/A</lei>
        <title>Lake Helen (City of), FL (Ivy Hawn Charter School of the Arts), Series 2018 A, RB</title>
        <cusip>509893AB9</cusip>
        <identifiers>
          <isin value="US509893AB98"/>
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        <balance>1300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1240697.77000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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      <invstOrSec>
        <name>Maryland (State of) Health &amp; Higher Educational Facilities Authority (Green Street Academy)</name>
        <lei>N/A</lei>
        <title>Maryland (State of) Health &amp; Higher Educational Facilities Authority (Green Street Academy), Series 2017 A, RB</title>
        <cusip>5742182J1</cusip>
        <identifiers>
          <isin value="US5742182J17"/>
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        <balance>215000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>215757.57000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Puerto Rico (Commonwealth of) Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico (Commonwealth of) Electric Power Authority, Series 2007 VV, Ref. RB</title>
        <cusip>74526QPJ5</cusip>
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          <isin value="US74526QPJ57"/>
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        <balance>1705000.00000000</balance>
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        <valUSD>1704994.89000000</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>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California (State of) Municipal Finance Authority (Bella Mente Montessori Academy)</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California (State of) Municipal Finance Authority (Bella Mente Montessori Academy), Series 2018 A, RB</title>
        <cusip>130486BB8</cusip>
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          <isin value="US130486BB87"/>
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        <balance>3345000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Hope Cultural Education Facilities Finance Corp. (Carillon Lifecare Community)</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp. (Carillon Lifecare Community), Series 2016, Ref. RB</title>
        <cusip>64542UBA1</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Travis County Development Authority (Turner's Crossing Public Improvement District Improvement Area No. 1)</name>
        <lei>N/A</lei>
        <title>Travis County Development Authority (Turner's Crossing Public Improvement District Improvement Area No. 1), Series 2025, RB</title>
        <cusip>89441ABB2</cusip>
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          <isin value="US89441ABB26"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-09-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Dakota (County of), MN Community Development Agency (Sanctuary at West St. Paul)</name>
        <lei>N/A</lei>
        <title>Dakota (County of), MN Community Development Agency (Sanctuary at West St. Paul), Series 2015, RB</title>
        <cusip>23409VEJ5</cusip>
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          <isin value="US23409VEJ52"/>
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        <balance>775000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <annualizedRt>5.75000000</annualizedRt>
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        <name>South Carolina (State of) Jobs-Economic Development Authority (Greer Preparatory Academy Project)</name>
        <lei>5493006X47I9VG3DL112</lei>
        <title>South Carolina (State of) Jobs-Economic Development Authority (Greer Preparatory Academy Project), Series 2024, RB</title>
        <cusip>83704MEN2</cusip>
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          <isin value="US83704MEN20"/>
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        <balance>1310000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>Michigan (State of) Finance Authority (Madison Academy)</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan (State of) Finance Authority (Madison Academy), Series 2021, Ref. RB</title>
        <cusip>594479GT8</cusip>
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          <isin value="US594479GT88"/>
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        <balance>1450000.00000000</balance>
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        <valUSD>1180384.68000000</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>2039-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Boyd TX</name>
        <lei>N/A</lei>
        <title>City of Boyd TX, Series 2025, RB</title>
        <cusip>103341AE3</cusip>
        <identifiers>
          <isin value="US103341AE38"/>
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        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>701957.48000000</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>2045-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</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>Florida Development Finance Corp. (IPS Florida LLC-Idea)</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp. (IPS Florida LLC-Idea), Series 2022, RB</title>
        <cusip>34061VAA4</cusip>
        <identifiers>
          <isin value="US34061VAA44"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>993636.60000000</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>2029-06-15</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>
      <invstOrSec>
        <name>Pima (County of), AZ Industrial Development Authority (The) (American Leadership Academy)</name>
        <lei>549300QDTQ25545R4K19</lei>
        <title>Pima (County of), AZ Industrial Development Authority (The) (American Leadership Academy), Series 2015, Ref. RB</title>
        <cusip>72177MQY6</cusip>
        <identifiers>
          <isin value="US72177MQY65"/>
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        <balance>3370000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3371136.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</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>Verve Metropolitan District No. 1</name>
        <lei>N/A</lei>
        <title>Verve Metropolitan District No. 1, Series 2023, GO Bonds</title>
        <cusip>92538YAD5</cusip>
        <identifiers>
          <isin value="US92538YAD58"/>
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        <balance>2895000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2910317.45000000</valUSD>
        <pctVal>0.230010437736</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>California (State of) Pollution Control Financing Authority (CalPlant I) (Green Bonds)</name>
        <lei>N/A</lei>
        <title>California (State of) Pollution Control Financing Authority (CalPlant I) (Green Bonds), Series 2017, RB</title>
        <cusip>130536QZ1</cusip>
        <identifiers>
          <isin value="US130536QZ17"/>
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        <balance>4950000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>49.50000000</valUSD>
        <pctVal>0.000003912121</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</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>Las Vegas (City of), NV Special Improvement District No. 613</name>
        <lei>N/A</lei>
        <title>Las Vegas (City of), NV Special Improvement District No. 613, Series 2024, RB</title>
        <cusip>51779CAM7</cusip>
        <identifiers>
          <isin value="US51779CAM73"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>394143.56000000</valUSD>
        <pctVal>0.031150255710</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-01</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>
      <invstOrSec>
        <name>Tobacco Settlement Financing Corp.</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp., Series 2015 B, Ref. RB</title>
        <cusip>888809BF6</cusip>
        <identifiers>
          <isin value="US888809BF60"/>
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        <balance>1310000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1309924.54000000</valUSD>
        <pctVal>0.103526959523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Oklahoma (County of), OK Finance Authority (Astec)</name>
        <lei>549300KPR05JUN0F1289</lei>
        <title>Oklahoma (County of), OK Finance Authority (Astec), Series 2024, RB</title>
        <cusip>67868WAA7</cusip>
        <identifiers>
          <isin value="US67868WAA71"/>
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        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>690825.03000000</valUSD>
        <pctVal>0.054597812877</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-15</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>
      <invstOrSec>
        <name>Black Belt Energy Gas District (The) (Gas)</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>Black Belt Energy Gas District (The) (Gas), Series 2022 F, RB</title>
        <cusip>09182TBT3</cusip>
        <identifiers>
          <isin value="US09182TBT34"/>
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        <balance>2500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2607152.50000000</valUSD>
        <pctVal>0.206050473212</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Florida Development Finance Corp. (GFL Solid Waste Southeast LLC)</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp. (GFL Solid Waste Southeast LLC), Series 2024, RB</title>
        <cusip>34061XAG7</cusip>
        <identifiers>
          <isin value="US34061XAG79"/>
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        <balance>2500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2490175.00000000</valUSD>
        <pctVal>0.196805417838</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp. (Presbyterian Village North)</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp. (Presbyterian Village North), Series 2018, Ref. RB</title>
        <cusip>64542UEU4</cusip>
        <identifiers>
          <isin value="US64542UEU43"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>913328.60000000</valUSD>
        <pctVal>0.072182885438</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-10-01</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>Wisconsin (State of) Public Finance Authority (Astro Texas Land)</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Wisconsin (State of) Public Finance Authority (Astro Texas Land)</title>
        <cusip>74447TAE2</cusip>
        <identifiers>
          <isin value="US74447TAE29"/>
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        <balance>2350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2350000.00000000</valUSD>
        <pctVal>0.185726999877</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Arizona (State of) Industrial Development Authority (American Charter Schools Foundation)</name>
        <lei>N/A</lei>
        <title>Arizona (State of) Industrial Development Authority (American Charter Schools Foundation), Series 2017, Ref. RB</title>
        <cusip>04052BAU8</cusip>
        <identifiers>
          <isin value="US04052BAU89"/>
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        <balance>1385000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1401442.58000000</valUSD>
        <pctVal>0.110759883355</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</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>Nine Mile Metropolitan District</name>
        <lei>N/A</lei>
        <title>Nine Mile Metropolitan District, Series 2020, RB</title>
        <cusip>65442PAA1</cusip>
        <identifiers>
          <isin value="US65442PAA12"/>
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        <balance>1855000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1852308.40000000</valUSD>
        <pctVal>0.146393056161</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</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>Ranches at Lake Mcleod Community Development District</name>
        <lei>N/A</lei>
        <title>Ranches at Lake Mcleod Community Development District, Series 2025, RB</title>
        <cusip>752041AF0</cusip>
        <identifiers>
          <isin value="US752041AF00"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>581707.62000000</valUSD>
        <pctVal>0.045973962156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.45000000</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>Capital Trust Agency, Inc. (Elim Senior Housing, Inc.)</name>
        <lei>549300F49UWS7X0OGQ59</lei>
        <title>Capital Trust Agency, Inc. (Elim Senior Housing, Inc.), Series 2017, RB</title>
        <cusip>140542AE1</cusip>
        <identifiers>
          <isin value="US140542AE11"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>942280.30000000</valUSD>
        <pctVal>0.074471018367</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Clear Lake (City of), IA (Timbercrest Apartments, LLC)</name>
        <lei>N/A</lei>
        <title>Clear Lake (City of), IA (Timbercrest Apartments, LLC), Series 2018, RB</title>
        <cusip>184635AE0</cusip>
        <identifiers>
          <isin value="US184635AE09"/>
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        <balance>660000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>640217.09000000</valUSD>
        <pctVal>0.050598127402</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Villages at Castle Rock Metropolitan District No. 6</name>
        <lei>N/A</lei>
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        <cusip>92706LAD9</cusip>
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          <isin value="US92706LAD91"/>
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        <curCd>USD</curCd>
        <valUSD>151821.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.70000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Gas Worx Community Development District</name>
        <lei>N/A</lei>
        <title>Gas Worx Community Development District, Series 2025, RB</title>
        <cusip>367200AC6</cusip>
        <identifiers>
          <isin value="US367200AC64"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>990557.30000000</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>2045-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pima (County of), AZ Industrial Development Authority (The) (Arizona Charter Schools)</name>
        <lei>549300QDTQ25545R4K19</lei>
        <title>Pima (County of), AZ Industrial Development Authority (The) (Arizona Charter Schools), Series 2013 Q, Ref. RB</title>
        <cusip>72177MNZ6</cusip>
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          <isin value="US72177MNZ67"/>
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        <curCd>USD</curCd>
        <valUSD>3955011.47000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Greater Arizona Development Authority</name>
        <lei>N/A</lei>
        <title>Greater Arizona Development Authority, Series 2007 A, RB</title>
        <cusip>391577MP5</cusip>
        <identifiers>
          <isin value="US391577MP52"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5002.89000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Evanston (City of), IL (Roycemore School)</name>
        <lei>N/A</lei>
        <title>Evanston (City of), IL (Roycemore School), Series 2021, RB</title>
        <cusip>299231AE0</cusip>
        <identifiers>
          <isin value="US299231AE03"/>
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        <balance>930000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>712506.57000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Colorado (State of) Health Facilities Authority (Aberdeen Ridge)</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
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        <cusip>19648FTG9</cusip>
        <identifiers>
          <isin value="US19648FTG99"/>
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        <balance>1170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>896288.09000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lake (County of), FL (Lakeside at Waterman Village)</name>
        <lei>N/A</lei>
        <title>Lake (County of), FL (Lakeside at Waterman Village), Series 2020 A, Ref. RB</title>
        <cusip>50826FAA1</cusip>
        <identifiers>
          <isin value="US50826FAA12"/>
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        <balance>3375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3438501.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Massachusetts (Commonwealth of) Development Finance Agency (Emerson College)</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>Massachusetts (Commonwealth of) Development Finance Agency (Emerson College), Series 2025, Ref. RB</title>
        <cusip>57585BDZ8</cusip>
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          <isin value="US57585BDZ85"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1027646.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Shelby (County of), TN Health, Educational &amp; Housing Facilities Board (Trezevant Manor)</name>
        <lei>N/A</lei>
        <title>Shelby (County of), TN Health, Educational &amp; Housing Facilities Board (Trezevant Manor), Series 2016 A, Ref. RB</title>
        <cusip>821697Q36</cusip>
        <identifiers>
          <isin value="US821697Q367"/>
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        <balance>1475000.00000000</balance>
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        <valUSD>1279534.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Copper Ridge Metropolitan District</name>
        <lei>N/A</lei>
        <title>Copper Ridge Metropolitan District, Series 2019, RB</title>
        <cusip>217558AC9</cusip>
        <identifiers>
          <isin value="US217558AC93"/>
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        <balance>2750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2497468.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Hampshire (State of) Business Finance Authority (Covanta)</name>
        <lei>N/A</lei>
        <title>New Hampshire (State of) Business Finance Authority (Covanta), Series 2020 A, Ref. RB</title>
        <cusip>63607YAH3</cusip>
        <identifiers>
          <isin value="US63607YAH36"/>
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        <balance>3455000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2778473.34000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-02</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Maricopa (County of), AZ Industrial Development Authority (Valley Christian Schools)</name>
        <lei>N/A</lei>
        <title>Maricopa (County of), AZ Industrial Development Authority (Valley Christian Schools), Series 2023, RB</title>
        <cusip>56678RAM5</cusip>
        <identifiers>
          <isin value="US56678RAM51"/>
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        <balance>725000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>715801.85000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Princeton TX</name>
        <lei>N/A</lei>
        <title>City of Princeton TX, Series 2025, RB</title>
        <cusip>742400DE1</cusip>
        <identifiers>
          <isin value="US742400DE12"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>480659.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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      <invstOrSec>
        <name>Rochester (City of), MN (Homestead at Rochester, Inc.)</name>
        <lei>549300006EX3INSHXA95</lei>
        <title>Rochester (City of), MN (Homestead at Rochester, Inc.), Series 2013 A, RB</title>
        <cusip>771906CV4</cusip>
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          <isin value="US771906CV44"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1000332.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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        <name>Monogalia (County of), WV (Development Disctict No. 4 - University Town Centre)</name>
        <lei>N/A</lei>
        <title>Monogalia (County of), WV (Development Disctict No. 4 - University Town Centre), Series 2023, Ref. RB</title>
        <cusip>61022DAC1</cusip>
        <identifiers>
          <isin value="US61022DAC11"/>
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        <balance>875000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>899034.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Mission Economic Development Corp. (Natgasoline)</name>
        <lei>N/A</lei>
        <title>Mission Economic Development Corp. (Natgasoline), Series 2018, Ref. RB</title>
        <cusip>605156AC2</cusip>
        <identifiers>
          <isin value="US605156AC20"/>
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        <balance>7500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7491805.50000000</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>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>PRPBA Custodial Trust</name>
        <lei>N/A</lei>
        <title>PRPBA Custodial Trust, Series 2022, RB</title>
        <cusip>69362CAA8</cusip>
        <identifiers>
          <isin value="US69362CAA80"/>
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        <balance>277816.12000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3193.41000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>AES PUERTO RICO Inc.</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Celina (City of), TX (Mosaic Public Improvement District Improvement Area No. 2)</name>
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        <name>New York (State of) Dormitory Authority</name>
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      <invstOrSec>
        <name>Shelby (County of), TN Health, Educational &amp; Housing Facilities Board (Trezevant Manor)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Port Beaumont Navigation District (Jefferson Gulf Coast Energy)</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Capital Projects Finance Authority/FL</name>
        <lei>N/A</lei>
        <title>Capital Projects Finance Authority/FL, Series 2025, RB</title>
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          <isin value="US14043HAB87"/>
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        <fairValLevel>2</fairValLevel>
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        <name>West Virginia (State of) Economic Development Authority (Entsorga West Virginia LLC)</name>
        <lei>549300WW88TKKF5H1220</lei>
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        <cusip>95648VBD0</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>8.75000000</annualizedRt>
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        <name>City of Bastrop TX</name>
        <lei>N/A</lei>
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        <cusip>070341AC6</cusip>
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          <isin value="US070341AC64"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Winrock Town Center Tax Increment Development District No. 1</name>
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        <cusip>97535RAF7</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Muskingum (County of), OH (Genesis Healthcare System)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>California (State of) County Tobacco Securitization Agency (Stanislaus County Tobacco Funding Corp.)</name>
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        <title>California (State of) County Tobacco Securitization Agency (Stanislaus County Tobacco Funding Corp.), Series 2002 A, RB</title>
        <cusip>13016NAE4</cusip>
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          <isin value="US13016NAE40"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Arlington Higher Education Finance Corp. (Legacy Traditional Schools)</name>
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        <cusip>0418064W7</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-02-15</maturityDt>
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        <name>Arizona (State of) Industrial Development Authority (Leman Academy-Parker Colorado)</name>
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        <cusip>04052BJS4</cusip>
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          <isin value="US04052BJS43"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Massachusetts Development Finance Agency</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>Massachusetts Development Finance Agency, Series 2025, RB</title>
        <cusip>57585BJR0</cusip>
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          <isin value="US57585BJR06"/>
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        <balance>4000000.00000000</balance>
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        <valUSD>4051373.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Tarrant County Cult Educ Facilities Finance Corp.</name>
        <lei>549300ROY505NVTMMI25</lei>
        <title>Tarrant County Cult Educ Facilities Finance Corp. Series 2024, Ref. RB</title>
        <cusip>87638TJJ3</cusip>
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          <isin value="US87638TJJ34"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Wichita (City of), KS (Presbyterian Manors, Inc.)</name>
        <lei>549300Y20JVN3VP2V718</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Denver (City &amp; County of), CO (United Airlines, Inc.)</name>
        <lei>MMTY7HA2MSCBUO4F7J71</lei>
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        <cusip>249271GV3</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Virginia (Commonwealth of) Small Business Financing Authority (Covanta)</name>
        <lei>N/A</lei>
        <title>Virginia (Commonwealth of) Small Business Financing Authority (Covanta), Series 2018, RB</title>
        <cusip>928106AQ6</cusip>
        <identifiers>
          <isin value="US928106AQ62"/>
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        <balance>2310000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2221732.13000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Morgan Hill Metropolitan District No. 3</name>
        <lei>N/A</lei>
        <title>Morgan Hill Metropolitan District No. 3, Series 2021 A, GO Bonds</title>
        <cusip>61740BAA0</cusip>
        <identifiers>
          <isin value="US61740BAA08"/>
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        <balance>980000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>832786.75000000</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>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Brooklyn Park (City of), MN (Athlos Leadership Academy)</name>
        <lei>549300SRSB2KMQNYBB75</lei>
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        <cusip>114224AK4</cusip>
        <identifiers>
          <isin value="US114224AK47"/>
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        <balance>1400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1195799.08000000</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>2046-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Arizona (State of) Industrial Development Authority (Somerset Academy of Las Vegas - Lone Mountain Campus)</name>
        <lei>N/A</lei>
        <title>Arizona (State of) Industrial Development Authority (Somerset Academy of Las Vegas - Lone Mountain Campus), Series 2019 A, IDR</title>
        <cusip>04052BJC9</cusip>
        <identifiers>
          <isin value="US04052BJC90"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>389930.80000000</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>2039-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Pembroke Harbor Community Development District</name>
        <lei>N/A</lei>
        <title>Pembroke Harbor Community Development District, Series 2008 A, RB</title>
        <cusip>706386AA7</cusip>
        <identifiers>
          <isin value="US706386AA79"/>
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        <balance>900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>901572.21000000</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>2038-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Suffolk Regional Off-Track Betting Corp.</name>
        <lei>N/A</lei>
        <title>Suffolk Regional Off-Track Betting Corp., Series 2024, RB</title>
        <cusip>86480TAB0</cusip>
        <identifiers>
          <isin value="US86480TAB08"/>
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        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1535530.35000000</valUSD>
        <pctVal>0.121357210692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Austin (City of), TX</name>
        <lei>IW10PQVTU7HKS3JMW253</lei>
        <title>Austin (City of), TX, Series 2014, RB</title>
        <cusip>052398ER1</cusip>
        <identifiers>
          <isin value="US052398ER14"/>
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        <balance>4000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3926612.00000000</valUSD>
        <pctVal>0.310331006997</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New Jersey (State of) Economic Development Authority (Hatikvah International Academy Charter School)</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey (State of) Economic Development Authority (Hatikvah International Academy Charter School), Series 2017 A, RB</title>
        <cusip>645912DW3</cusip>
        <identifiers>
          <isin value="US645912DW32"/>
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        <balance>255000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>255253.73000000</valUSD>
        <pctVal>0.020173408289</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Massachusetts (Commonwealth of) Development Finance Agency (Linden Ponds, Inc. Facility)</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>Massachusetts (Commonwealth of) Development Finance Agency (Linden Ponds, Inc. Facility), Series 2018, RB</title>
        <cusip>57584YMG1</cusip>
        <identifiers>
          <isin value="US57584YMG16"/>
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        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1548402.75000000</valUSD>
        <pctVal>0.122374552068</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <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>Black Desert Public Infrastructure District</name>
        <lei>N/A</lei>
        <title>Black Desert Public Infrastructure District, Series 2021 A, GO Bonds</title>
        <cusip>09204PAA7</cusip>
        <identifiers>
          <isin value="US09204PAA75"/>
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        <balance>1050000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>986421.66000000</valUSD>
        <pctVal>0.077959632138</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Parker Automotive Metropolitan District</name>
        <lei>N/A</lei>
        <title>Parker Automotive Metropolitan District, Series 2023 B, Ref. GO Bonds</title>
        <cusip>701038AE1</cusip>
        <identifiers>
          <isin value="US701038AE11"/>
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        <balance>2225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2250887.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Massachusetts Development Finance Agency</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>Massachusetts Development Finance Agency, Series 2025, RB</title>
        <cusip>57585BJW9</cusip>
        <identifiers>
          <isin value="US57585BJW90"/>
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        <balance>5475000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5702197.17000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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>Parrish Lakes Community Development District</name>
        <lei>N/A</lei>
        <title>Parrish Lakes Community Development District, Series 2024, RB</title>
        <cusip>70183FAH1</cusip>
        <identifiers>
          <isin value="US70183FAH10"/>
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        <balance>950000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>907520.28000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>DeKalb (County of), IL Development Authority (The Globe Academy, Inc.)</name>
        <lei>N/A</lei>
        <title>DeKalb (County of), IL Development Authority (The Globe Academy, Inc.), Series 2024 A, RB</title>
        <cusip>240463KA6</cusip>
        <identifiers>
          <isin value="US240463KA65"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>397240.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>New Jersey (State of) Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey (State of) Transportation Trust Fund Authority, Series 2008 A, RB</title>
        <cusip>646136WG2</cusip>
        <identifiers>
          <isin value="US646136WG29"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>645753.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California (State of) Infrastructure &amp; Economic Development Bank (Brightline West Passenger Rail) (Green Bonds)</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>California (State of) Infrastructure &amp; Economic Development Bank (Brightline West Passenger Rail) (Green Bonds), Series 2025 B, Ref. RB</title>
        <cusip>13034A6B1</cusip>
        <identifiers>
          <isin value="US13034A6B14"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4846358.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>9.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California (State of) Statewide Communities Development Authority (Loma Linda University Medical Center)</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California (State of) Statewide Communities Development Authority (Loma Linda University Medical Center), Series 2016 A, RB</title>
        <cusip>13080SML5</cusip>
        <identifiers>
          <isin value="US13080SML50"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2913040.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-12-01</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>
      <invstOrSec>
        <name>Build NYC Resource Corp. (Brooklyn Navy Yard)</name>
        <lei>549300GROJFKMNLWEK84</lei>
        <title>Build NYC Resource Corp. (Brooklyn Navy Yard), Series 2019, Ref. RB</title>
        <cusip>12008EPP5</cusip>
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          <isin value="US12008EPP50"/>
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        <balance>5000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4715283.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Midtown Metropoltan District</name>
        <lei>N/A</lei>
        <title>Midtown Metropoltan District, Series 2022, GO Bonds</title>
        <cusip>598072AD8</cusip>
        <identifiers>
          <isin value="US598072AD84"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>981774.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>California (State of) School Finance Authority (Partnership to Uplift Communities) (Social Bonds)</name>
        <lei>N/A</lei>
        <title>California (State of) School Finance Authority (Partnership to Uplift Communities) (Social Bonds), Series 2023, Ref. RB</title>
        <cusip>13058TSD3</cusip>
        <identifiers>
          <isin value="US13058TSD36"/>
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        <balance>695000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>717657.76000000</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>2033-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>New York Transportation Development Corp. (John F. Kennedy International Airport New Terminal One) (Green Bonds)</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp. (John F. Kennedy International Airport New Terminal One) (Green Bonds), Series 2023, RB</title>
        <cusip>650116GR1</cusip>
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          <isin value="US650116GR14"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1045532.50000000</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>2039-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>V-Dana Community Development District (Assessment Area Two - 2025 Project Area)</name>
        <lei>N/A</lei>
        <title>V-Dana Community Development District (Assessment Area Two - 2025 Project Area), Series 2025, RB</title>
        <cusip>91822RAN5</cusip>
        <identifiers>
          <isin value="US91822RAN52"/>
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        <balance>875000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>841326.59000000</valUSD>
        <pctVal>0.066492367437</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>California (State of) County Tobacco Securitization Agency (Alameda County Tobacco Asset Securitization Corp.)</name>
        <lei>N/A</lei>
        <title>California (State of) County Tobacco Securitization Agency (Alameda County Tobacco Asset Securitization Corp.), Series 2002, RB</title>
        <cusip>13016NBY9</cusip>
        <identifiers>
          <isin value="US13016NBY94"/>
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        <balance>115000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>115870.24000000</valUSD>
        <pctVal>0.009157545553</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Pima (County of), AZ Industrial Development Authority (The) (Imagine East Mesa Charter Schools)</name>
        <lei>549300QDTQ25545R4K19</lei>
        <title>Pima (County of), AZ Industrial Development Authority (The) (Imagine East Mesa Charter Schools), Series 2019, RB</title>
        <cusip>72177PCE8</cusip>
        <identifiers>
          <isin value="US72177PCE88"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>476505.35000000</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>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority, Series 2025, RB</title>
        <cusip>13050WAA9</cusip>
        <identifiers>
          <isin value="US13050WAA99"/>
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        <balance>5000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4456793.00000000</valUSD>
        <pctVal>0.352232677858</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.53600000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Maricopa (County of), AZ Industrial Development Authority (Valley Christian Schools)</name>
        <lei>N/A</lei>
        <title>Maricopa (County of), AZ Industrial Development Authority (Valley Christian Schools), Series 2023, RB</title>
        <cusip>56678RAN3</cusip>
        <identifiers>
          <isin value="US56678RAN35"/>
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        <balance>1885000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1824504.32000000</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>2043-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</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>Rowlett (City of), TX (Bayside Public Improvement District North Improvement Area)</name>
        <lei>549300XN25SMDVQJM820</lei>
        <title>Rowlett (City of), TX (Bayside Public Improvement District North Improvement Area), Series 2016, RB</title>
        <cusip>779719AD5</cusip>
        <identifiers>
          <isin value="US779719AD55"/>
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        <balance>665000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>669812.80000000</valUSD>
        <pctVal>0.052937158222</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</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>Brighton Crossing Metropolitan District No. 6</name>
        <lei>N/A</lei>
        <title>Brighton Crossing Metropolitan District No. 6, Series 2020 A, GO Bonds</title>
        <cusip>10933PAA3</cusip>
        <identifiers>
          <isin value="US10933PAA30"/>
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        <balance>525000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>521832.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>U.S. Treasury 10 Year Notes Future</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="TYU5"/>
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        <balance>-563.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-352815.21000000</valUSD>
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        <assetCat>DIR</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>Board of Trade of the City of Chicago, Inc.</counterpartyName>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York Transportation Development Corp. (American Airlines, Inc. John F. Kennedy International Airport)</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp. (American Airlines, Inc. John F. Kennedy International Airport), Series 2016, Ref. RB</title>
        <cusip>650116BP0</cusip>
        <identifiers>
          <isin value="US650116BP03"/>
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        <balance>8680000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8647578.46000000</valUSD>
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        <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>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wisconsin (State of) Public Finance Authority (Million Air Two LLC General Aviation Facilities)</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Wisconsin (State of) Public Finance Authority (Million Air Two LLC General Aviation Facilities), Series 2017, Ref. RB</title>
        <cusip>74446DAC2</cusip>
        <identifiers>
          <isin value="US74446DAC20"/>
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        <balance>145000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>150890.92000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>New Jersey (State of) Economic Development Authority (North Star Academy Charter School of Newark, Inc.)</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey (State of) Economic Development Authority (North Star Academy Charter School of Newark, Inc.), Series 2017, RB</title>
        <cusip>64577BN26</cusip>
        <identifiers>
          <isin value="US64577BN266"/>
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        <balance>1075000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1044617.92000000</valUSD>
        <pctVal>0.082559043531</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Burleigh (County of), ND (University of Mary)</name>
        <lei>549300O9YPNGKFXM8354</lei>
        <title>Burleigh (County of), ND (University of Mary), Series 2016, RB</title>
        <cusip>12139LAA0</cusip>
        <identifiers>
          <isin value="US12139LAA08"/>
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        <balance>220000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>218914.85000000</valUSD>
        <pctVal>0.017301446093</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corp.</name>
        <lei>549300EIUFISISP8X671</lei>
        <title>Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB</title>
        <cusip>74529JQD0</cusip>
        <identifiers>
          <isin value="US74529JQD09"/>
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        <balance>1003000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>851915.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>West Covina (City of), CA Public Financing Authority (Big League Dreams)</name>
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        <cusip>95236PEA4</cusip>
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          <isin value="US95236PEA49"/>
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        <balance>1965000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1968097.23000000</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>2030-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Oregon (State of) (Elderly &amp; Disabled Housing)</name>
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        <cusip>68607EPR8</cusip>
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          <isin value="US68607EPR89"/>
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        <curCd>USD</curCd>
        <valUSD>5009.55000000</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>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.65000000</annualizedRt>
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      <invstOrSec>
        <name>Capital Trust Agency, Inc. (Imagine School at North Manatee)</name>
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        <cusip>14054CDW6</cusip>
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          <isin value="US14054CDW64"/>
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        <curCd>USD</curCd>
        <valUSD>1467081.99000000</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>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wisconsin (State of) Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Wisconsin (State of) Public Finance Authority, Series 2022, RB</title>
        <cusip>744396HR6</cusip>
        <identifiers>
          <isin value="US744396HR64"/>
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        <balance>670000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>662087.37000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bexar County Health Facilities Development Corp. (Army Retirement Residence Foundation)</name>
        <lei>N/A</lei>
        <title>Bexar County Health Facilities Development Corp. (Army Retirement Residence Foundation), Series 2016, Ref. RB</title>
        <cusip>088354FJ9</cusip>
        <identifiers>
          <isin value="US088354FJ92"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>250622.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Local Oregon Capital Assets Program</name>
        <lei>549300KILFEFYKOPF027</lei>
        <title>Local Oregon Capital Assets Program, Series 2011 C, COP</title>
        <cusip>53957KCL9</cusip>
        <identifiers>
          <isin value="US53957KCL98"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35010.69000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.60000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Maryland (State of) Health &amp; Higher Educational Facilities Authority (Johns Hopkins Medical Institutions Parking Facilities)</name>
        <lei>N/A</lei>
        <title>Maryland (State of) Health &amp; Higher Educational Facilities Authority (Johns Hopkins Medical Institutions Parking Facilities), Series 1996, RB</title>
        <cusip>574216QD2</cusip>
        <identifiers>
          <isin value="US574216QD27"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10072.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Idaho (State of) Housing &amp; Finance Association (Future Public School)</name>
        <lei>5493002WM3NYB1LQB744</lei>
        <title>Idaho (State of) Housing &amp; Finance Association (Future Public School), Series 2022 A, RB</title>
        <cusip>45129GHW8</cusip>
        <identifiers>
          <isin value="US45129GHW87"/>
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        <balance>2280000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1798781.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Wichita (City of), KS (Presbyterian Manors, Inc.)</name>
        <lei>549300Y20JVN3VP2V718</lei>
        <title>Wichita (City of), KS (Presbyterian Manors, Inc.), Series 2019, Ref. RB</title>
        <cusip>967249QS5</cusip>
        <identifiers>
          <isin value="US967249QS50"/>
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        <balance>2950000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2898615.72000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Advanced Technology Academy</name>
        <lei>N/A</lei>
        <title>Advanced Technology Academy, Series 2019, Ref. RB</title>
        <cusip>00766SAE2</cusip>
        <identifiers>
          <isin value="US00766SAE28"/>
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        <balance>1200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1211380.32000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Mida Mountain Village Public Infrastructure District</name>
        <lei>N/A</lei>
        <title>Mida Mountain Village Public Infrastructure District, Series 2020 A, RB</title>
        <cusip>59561TAA1</cusip>
        <identifiers>
          <isin value="US59561TAA16"/>
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        <balance>1645000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1593068.01000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Peninsula Town Center Community Development Authority</name>
        <lei>N/A</lei>
        <title>Peninsula Town Center Community Development Authority, Series 2018, Ref. RB</title>
        <cusip>70718LAF6</cusip>
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          <isin value="US70718LAF67"/>
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        <balance>1195000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1198188.74000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <name>Guam (Territory of)</name>
        <lei>N/A</lei>
        <title>Guam (Territory of), Series 2015 D, Ref. RB</title>
        <cusip>40065NCE5</cusip>
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          <isin value="US40065NCE58"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lakes of Sarasota Community Development District</name>
        <lei>N/A</lei>
        <title>Lakes of Sarasota Community Development District, Series 2024 B, RB</title>
        <cusip>51206YAU4</cusip>
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          <isin value="US51206YAU47"/>
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        <balance>2320000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Wichita (City of), KS (Presbyterian Manors, Inc.)</name>
        <lei>549300Y20JVN3VP2V718</lei>
        <title>Wichita (City of), KS (Presbyterian Manors, Inc.), Series 2024 VIII, Ref. RB</title>
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          <isin value="US967249RL98"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Virginia Beach Development Authority (Westminster-Canterbury on Chesapeake Bay)</name>
        <lei>N/A</lei>
        <title>Virginia Beach Development Authority (Westminster-Canterbury on Chesapeake Bay), Series 2023 B-3, RB</title>
        <cusip>92774NBF6</cusip>
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          <isin value="US92774NBF69"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4033065.60000000</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>5.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bradley (Village of), IL (Bradley Commons)</name>
        <lei>N/A</lei>
        <title>Bradley (Village of), IL (Bradley Commons), Series 2018 A, Ref. RB</title>
        <cusip>10457HBK4</cusip>
        <identifiers>
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        <name>Rhode Island Housing &amp; Mortgage Finance Corp.</name>
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        <name>Rhode Island Health &amp; Educational Building Corp. (Lifespan Obligated Group)</name>
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        <name>California Municipal Finance Authority</name>
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        <name>Horace (City of), ND</name>
        <lei>N/A</lei>
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        <name>Oregon State Facilities Authority</name>
        <lei>N/A</lei>
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        <name>Morgan Hill Metropolitan District No. 3</name>
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        <name>Wisconsin (State of) Public Finance Authority (Million Air Two LLC General Aviation Facilities)</name>
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        <name>Bradley (Village of), IL (Bradley Commons)</name>
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        <name>Calhoun (County of), TX Navigation Industrial Development Authority (Max Midstream Texas LLC)</name>
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        <name>Capital Trust Authority (Plato Academy Schools)</name>
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        <name>Indiana (State of) Finance Authority (University of Evansville)</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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        <name>Lee (County of), FL Housing Finance Authority (Aria Landings)</name>
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        <name>Centerra Metropolitan District No. 1 (In the City of Loveland)</name>
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        <name>Michigan (State of) Finance Authority (Trinity Health Credit Group)</name>
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        <cusip>59447TXH1</cusip>
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        <name>Wisconsin (State of) Public Finance Authority (Town of Scarborough - The Downs)</name>
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        <name>Illinois (State of) Finance Authority (Lutheran Communities Obligated Group)</name>
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        <name>Kentucky (Commonwealth of) Economic Development Finance Authority (Next Generation Kentucky Information Highway)</name>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <cusip>88035JFU1</cusip>
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        <name>Peaks Public Infrastructure District (Peaks Assessment Area)</name>
        <lei>N/A</lei>
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        <name>Ashland (Town of), MA</name>
        <lei>N/A</lei>
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        <name>Wisconsin (State of) Public Finance Authority (Mallard Creek Stem Academy)</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Wisconsin (State of) Public Finance Authority (Mallard Creek Stem Academy), Series 2019 A, RB</title>
        <cusip>74442EEA4</cusip>
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        <name>California (State of) School Finance Authority (Partnership to Uplift Communities) (Social Bonds)</name>
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        <cusip>13058TSE1</cusip>
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        <name>Arizona (State of) Industrial Development Authority (ACCEL Schools)</name>
        <lei>N/A</lei>
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        <issuerCat>MUN</issuerCat>
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          <maturityDt>2028-08-01</maturityDt>
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          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>California (State of) Municipal Finance Authority (Waste Management, Inc.)</name>
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          <isin value="US13048RAN70"/>
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        <name>Idaho (State of) Housing &amp; Finance Association (Compass Public Charter School, Inc.)</name>
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        <name>Southeast Energy Authority, A Cooperative District (No. 3)</name>
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          <isin value="US84136FBL04"/>
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        <name>Sterling Ranch Community Authority Board</name>
        <lei>N/A</lei>
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          <isin value="US85950NAV29"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Celina TX</name>
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          <isin value="US15114CKU70"/>
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        <issuerCat>MUN</issuerCat>
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        <name>Utah (State of) Charter School Finance Authority (Ascent Academies of Utah)</name>
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        <cusip>91754TR70</cusip>
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        <invCountry>US</invCountry>
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        <name>City of Marion IL Sales Tax Revenue</name>
        <lei>N/A</lei>
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        <cusip>569498AA6</cusip>
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          <isin value="US569498AA68"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>New York Transportation Development Corp. (American Airlines, Inc. John F. Kennedy International Airport)</name>
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          <isin value="US650116EZ57"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Alachua (County of), FL Health Facilities Authority (Terraces at Bonita Springs)</name>
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        <title>Alachua (County of), FL Health Facilities Authority (Terraces at Bonita Springs), Series 2022 A, Ref. RB</title>
        <cusip>010685LE3</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights)</name>
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        <name>Arizona (State of) Industrial Development Authority (Basis Schools)</name>
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        <title>Arizona (State of) Industrial Development Authority (Basis Schools), Series 2017 A, Ref. RB</title>
        <cusip>04052BAK0</cusip>
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          <isin value="US04052BAK08"/>
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        <name>Colorado (State of) Health Facilities Authority (Volunteers of America Care)</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
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          <isin value="US196475AH03"/>
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        <name>Houston (City of), TX Airport System (United Airlines, Inc.)</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Fresno (City of), CA</name>
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        <cusip>358100FR1</cusip>
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          <isin value="US358100FR13"/>
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        <name>South Carolina (State of) Public Service Authority (Santee Cooper)</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
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          <isin value="US8371514S51"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Shelby (County of), TN Health, Educational &amp; Housing Facilities Board (Trezevant Manor)</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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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>Build NYC Resource Corp. (Brooklyn Navy Yard)</name>
        <lei>549300GROJFKMNLWEK84</lei>
        <title>Build NYC Resource Corp. (Brooklyn Navy Yard), Series 2019, Ref. RB</title>
        <cusip>12008EPN0</cusip>
        <identifiers>
          <isin value="US12008EPN03"/>
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        <balance>3000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2979999.60000000</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>2033-12-31</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>
      <invstOrSec>
        <name>Plaquemines Port Harbor &amp; Terminal District (NOLA Terminal LLC)</name>
        <lei>N/A</lei>
        <title>Plaquemines Port Harbor &amp; Terminal District (NOLA Terminal LLC), Series 2024 A, RB</title>
        <cusip>727521AA4</cusip>
        <identifiers>
          <isin value="US727521AA48"/>
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        <balance>5000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4232292.50000000</valUSD>
        <pctVal>0.334489782395</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.00000000</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>California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds)</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2022 A-1, RB</title>
        <cusip>13013JBJ4</cusip>
        <identifiers>
          <isin value="US13013JBJ43"/>
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        <balance>16065000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>16087802.66000000</valUSD>
        <pctVal>1.271463541560</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mishawaka (City of), IN (Silver Birch of Mishwaka)</name>
        <lei>N/A</lei>
        <title>Mishawaka (City of), IN (Silver Birch of Mishwaka), Series 2017, RB</title>
        <cusip>604786AA1</cusip>
        <identifiers>
          <isin value="US604786AA15"/>
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        <balance>425000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>395333.90000000</valUSD>
        <pctVal>0.031244331573</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.10000000</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>New Hope Cultural Education Facilities Finance Corp.</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp., Series 2025, RB</title>
        <cusip>64542UHK3</cusip>
        <identifiers>
          <isin value="US64542UHK34"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2988244.50000000</valUSD>
        <pctVal>0.236169228036</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>North Las Vegas (City of), NV Special Improvement District No. 66 (Villages at Tule Springs Village 1)</name>
        <lei>N/A</lei>
        <title>North Las Vegas (City of), NV Special Improvement District No. 66 (Villages at Tule Springs Village 1), Series 2022, RB</title>
        <cusip>66041HHM9</cusip>
        <identifiers>
          <isin value="US66041HHM97"/>
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        <balance>730000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>743957.97000000</valUSD>
        <pctVal>0.058797056086</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>New York Transportation Development Corp. (John F. Kennedy International Airport New Terminal One) (Green Bonds)</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp. (John F. Kennedy International Airport New Terminal One) (Green Bonds), Series 2023, RB</title>
        <cusip>650116GQ3</cusip>
        <identifiers>
          <isin value="US650116GQ31"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2101840.80000000</valUSD>
        <pctVal>0.166114291916</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Monongalia (County of), WV Building Commission (Monongalia Health System Obligated Group)</name>
        <lei>N/A</lei>
        <title>Monongalia (County of), WV Building Commission (Monongalia Health System Obligated Group), Series 2015, Ref. RB</title>
        <cusip>610218BN8</cusip>
        <identifiers>
          <isin value="US610218BN89"/>
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        <balance>190000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>165427.03000000</valUSD>
        <pctVal>0.013074155736</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <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>Louisiana (State of) Local Government Environmental Facilities &amp; Community Development Authority (Christwood)</name>
        <lei>5493004WIZ1HV87IVF85</lei>
        <title>Louisiana (State of) Local Government Environmental Facilities &amp; Community Development Authority (Christwood), Series 2024, Ref. RB</title>
        <cusip>54628C2Y7</cusip>
        <identifiers>
          <isin value="US54628C2Y73"/>
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        <balance>1900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1881683.24000000</valUSD>
        <pctVal>0.148714631015</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp. (Outlook at Windhaven (The))</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp. (Outlook at Windhaven (The)), Series 2022, RB</title>
        <cusip>64542UGJ7</cusip>
        <identifiers>
          <isin value="US64542UGJ79"/>
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        <balance>2360000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2360084.96000000</valUSD>
        <pctVal>0.186524042160</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New York Liberty Development Corp. (3 World Trade Center)</name>
        <lei>N/A</lei>
        <title>New York Liberty Development Corp. (3 World Trade Center), Series 2014-3, Ref. RB</title>
        <cusip>649519DD4</cusip>
        <identifiers>
          <isin value="US649519DD42"/>
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        <balance>5400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5402989.98000000</valUSD>
        <pctVal>0.427013242278</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ohio Higher Educational Facility Commission</name>
        <lei>5493007MQT6NGNN6BR81</lei>
        <title>Ohio Higher Educational Facility Commission, Series 2025, RB</title>
        <cusip>67756DY34</cusip>
        <identifiers>
          <isin value="US67756DY340"/>
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        <balance>3425000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3374914.86000000</valUSD>
        <pctVal>0.266728856081</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Capital Projects Finance Authority/FL</name>
        <lei>N/A</lei>
        <title>Capital Projects Finance Authority/FL, Series 2025, RB</title>
        <cusip>14043HAA0</cusip>
        <identifiers>
          <isin value="US14043HAA05"/>
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        <balance>2250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2251409.85000000</valUSD>
        <pctVal>0.177935147632</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights)</name>
        <lei>N/A</lei>
        <title>Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights), Series 2017 A, Ref. RB</title>
        <cusip>497609BE6</cusip>
        <identifiers>
          <isin value="US497609BE63"/>
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        <balance>1750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1567229.13000000</valUSD>
        <pctVal>0.123862452951</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Northampton (County of), PA Industrial Development Authority (Northampton Generating Co. L.P.)</name>
        <lei>N/A</lei>
        <title>Northampton (County of), PA Industrial Development Authority (Northampton Generating Co. L.P.), Series 2013 A, RB</title>
        <cusip>663547AA5</cusip>
        <identifiers>
          <isin value="US663547AA52"/>
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        <balance>350140.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>154061.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Houston (City of), TX</name>
        <lei>N/A</lei>
        <title>Houston (City of), TX, Series 2014 D, Ref. RB</title>
        <cusip>4424355Y5</cusip>
        <identifiers>
          <isin value="US4424355Y56"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2001313.00000000</valUSD>
        <pctVal>0.158169301832</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico (Commonwealth of) Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico (Commonwealth of) Electric Power Authority, Series 2007 UU, Ref. RB</title>
        <cusip>74526QLV2</cusip>
        <identifiers>
          <isin value="US74526QLV22"/>
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        <balance>1435000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1435058.55000000</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>2026-07-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Chicago (City of), IL</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
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        <cusip>167486ZT9</cusip>
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          <isin value="US167486ZT99"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Tarrant County Cultural Education Facilities Finance Corp. (MRC Stevenson Oaks)</name>
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        <cusip>87638RKE6</cusip>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>Middleton Community Development District A</name>
        <lei>N/A</lei>
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          <isin value="US596681AG13"/>
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        <invCountry>US</invCountry>
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        <name>Puerto Rico (Commonwealth of) Industrial, Tourist, Educational, Medical &amp; Environmental Control Facilities Financing Authority (AES Puerto Rico)</name>
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        <cusip>74528KAA1</cusip>
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          <isin value="US74528KAA16"/>
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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>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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      <invstOrSec>
        <name>V-Dana Community Development District (Assessment Area Two - 2025 Project Area)</name>
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        <cusip>91822RAP0</cusip>
        <identifiers>
          <isin value="US91822RAP01"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1186701.13000000</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>2055-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.55000000</annualizedRt>
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      <invstOrSec>
        <name>Louisiana (State of) Local Government Environmental Facilities &amp; Community Development Authority (Christwood)</name>
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        <cusip>54628C2X9</cusip>
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          <isin value="US54628C2X90"/>
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        <balance>1050000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1038814.35000000</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>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Florida Development Finance Corp. (Brightline Florida Passenger Rail Expansion)</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp. (Brightline Florida Passenger Rail Expansion), Series 2024, Ref. RB</title>
        <cusip>340618DL8</cusip>
        <identifiers>
          <isin value="US340618DL89"/>
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        <balance>3705000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3654629.41000000</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>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Indiana (State of) Finance Authority (Irvington Community School)</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana (State of) Finance Authority (Irvington Community School), Series 2018 A, Ref. RB</title>
        <cusip>45506DP74</cusip>
        <identifiers>
          <isin value="US45506DP740"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>400014.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
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        <name>Wisconsin (State of) Public Finance Authority (Miami Worldcenter)</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Wisconsin (State of) Public Finance Authority (Miami Worldcenter), Series 2024 A, RB</title>
        <cusip>74448EAA2</cusip>
        <identifiers>
          <isin value="US74448EAA29"/>
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        <balance>2300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2264975.37000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Capital Trust Authority (KIPP Miami N Campus)</name>
        <lei>N/A</lei>
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        <cusip>14054WAP0</cusip>
        <identifiers>
          <isin value="US14054WAP05"/>
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        <balance>410000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>411698.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <name>Pima (County of), AZ Industrial Development Authority (Paideia Academies (The))</name>
        <lei>549300QDTQ25545R4K19</lei>
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        <cusip>72177MRW9</cusip>
        <identifiers>
          <isin value="US72177MRW90"/>
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        <balance>130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>125511.83000000</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>4.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Children's Trust Fund</name>
        <lei>N/A</lei>
        <title>Children's Trust Fund, Series 2002, RB</title>
        <cusip>16876QBF5</cusip>
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          <isin value="US16876QBF54"/>
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        <balance>8375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8455789.44000000</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>2039-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>Puerto Rico Sales Tax Financing Corp.</name>
        <lei>549300EIUFISISP8X671</lei>
        <title>Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB</title>
        <cusip>74529JPV1</cusip>
        <identifiers>
          <isin value="US74529JPV16"/>
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        <balance>538000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>513264.80000000</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>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.55000000</annualizedRt>
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      <invstOrSec>
        <name>Tulsa (City of), OK Airports Improvement Trust</name>
        <lei>N/A</lei>
        <title>Tulsa (City of), OK Airports Improvement Trust, Series 2001 C, Ref. RB</title>
        <cusip>899661EK4</cusip>
        <identifiers>
          <isin value="US899661EK49"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2000382.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
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        <name>Minneapolis (City of), MN (Spero Academy)</name>
        <lei>54930069TEI1INHRHS55</lei>
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        <cusip>60375CAN4</cusip>
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          <isin value="US60375CAN48"/>
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        <balance>1080000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1092292.45000000</valUSD>
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        <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>6.00000000</annualizedRt>
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        <name>Houston (City of), TX</name>
        <lei>N/A</lei>
        <title>Houston (City of), TX, Series 2011, Ref. RB</title>
        <cusip>4423485S3</cusip>
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          <isin value="US4423485S34"/>
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        <balance>1450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1453664.73000000</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>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <name>Puerto Rico (Commonwealth of)</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Puerto Rico (Commonwealth of), Series 2021 A-1, GO Bonds</title>
        <cusip>74514L3K1</cusip>
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          <isin value="US74514L3K10"/>
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        <balance>3300000.00000000</balance>
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        <curCd>USD</curCd>
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        <name>Nashville (City of), TN Metropolitan Development and Housing Agency (Fifth + Broadway Development)</name>
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        <name>New Hampshire (State of) Business Finance Authority (Megatel)</name>
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        <name>Arlington Higher Education Finance Corp. (Newman International Academy)</name>
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        <name>Tarrant County Cultural Education Facilities Finance Corp. (Stayton at Museum Way (The))</name>
        <lei>549300ROY505NVTMMI25</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2054-12-01</maturityDt>
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        <name>Tompkins County Development Corp. (Tompkins Cortland Community College Foundation, Inc.)</name>
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        <name>Monongalia (County of), WV Building Commission (Monongalia Health System Obligated Group)</name>
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        <cusip>610218BH1</cusip>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Bethel (City of), MN (Spectrum High School)</name>
        <lei>N/A</lei>
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        <cusip>086759AY3</cusip>
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          <isin value="US086759AY36"/>
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        <balance>1500000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2059-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lomira (Village of), WI Community Development Authority</name>
        <lei>N/A</lei>
        <title>Lomira (Village of), WI Community Development Authority, Series 2018 B, Ref. RB</title>
        <cusip>541662AY8</cusip>
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          <isin value="US541662AY85"/>
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        <invCountry>US</invCountry>
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          <annualizedRt>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>Polk (County of), FL Industrial Development Authority (Carpenter's Home Estates)</name>
        <lei>549300UTRO4TAORRAL04</lei>
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        <cusip>73112JAC4</cusip>
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        <invCountry>US</invCountry>
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        <name>Alachua (County of), FL Health Facilities Authority (East Ridge Retirement Village, Inc.)</name>
        <lei>N/A</lei>
        <title>Alachua (County of), FL Health Facilities Authority (East Ridge Retirement Village, Inc.), Series 2014, RB</title>
        <cusip>010685JS5</cusip>
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          <isin value="US010685JS59"/>
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        <name>Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center)</name>
        <lei>N/A</lei>
        <title>Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center), Series 2018, RB</title>
        <cusip>018444BA6</cusip>
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          <isin value="US018444BA60"/>
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        <invCountry>US</invCountry>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Arlington Higher Education Finance Corp. (UME Preparatory Academy)</name>
        <lei>N/A</lei>
        <title>Arlington Higher Education Finance Corp. (UME Preparatory Academy), Series 2017 A, RB</title>
        <cusip>041806PR5</cusip>
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          <isin value="US041806PR51"/>
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        <name>Port Beaumont Navigation District (Jefferson Gulf Coast Energy)</name>
        <lei>549300G8PKBXALUKJY33</lei>
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        <cusip>73360CAP9</cusip>
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          <maturityDt>2039-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Birmingham (City of), AL Special Care Facilities Financing Authority (Methodist Home for the Aging)</name>
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          <isin value="US091081DL03"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>New York Transportation Development Corp. (John F. Kennedy International Airport New Terminal One) (Green Bonds)</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp. (John F. Kennedy International Airport New Terminal One) (Green Bonds), Series 2023, RB</title>
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          <isin value="US650116GS96"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Washington (State of) Housing Finance Commission (Transforming Age)</name>
        <lei>549300YL1HU59NREG764</lei>
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          <isin value="US939783YY61"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2039-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey (State of) Economic Development Authority (Marion P. Thomas Charter School)</name>
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        <name>Utah (State of) Charter School Finance Authority (Merit Preparatory Academy)</name>
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      <invstOrSec>
        <name>PRHTA Custodial Trust</name>
        <lei>N/A</lei>
        <title>PRHTA Custodial Trust, Series 2023, RB</title>
        <cusip>69378HAA9</cusip>
        <identifiers>
          <isin value="US69378HAA95"/>
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        <balance>193389.82000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>55299.22000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Philadelphia (City of), PA Authority for Industrial Development (Wesley Enhanced Living Obligated Group)</name>
        <lei>549300DIY68KQZEW7M79</lei>
        <title>Philadelphia (City of), PA Authority for Industrial Development (Wesley Enhanced Living Obligated Group), Series 2017, Ref. RB</title>
        <cusip>717824AV8</cusip>
        <identifiers>
          <isin value="US717824AV89"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1004240.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</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>Peak Metropolitan District No. 1</name>
        <lei>N/A</lei>
        <title>Peak Metropolitan District No. 1, Series 2021 A, GO Bonds</title>
        <cusip>704676AB1</cusip>
        <identifiers>
          <isin value="US704676AB15"/>
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        <balance>1670000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1452751.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminals C&amp;D Redevelopment)</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminals C&amp;D Redevelopment), Series 2018, RB</title>
        <cusip>650116CL8</cusip>
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          <isin value="US650116CL89"/>
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        <balance>4315000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4357828.53000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kentucky (Commonwealth of) Economic Development Finance Authority (Rosedale Green)</name>
        <lei>N/A</lei>
        <title>Kentucky (Commonwealth of) Economic Development Finance Authority (Rosedale Green), Series 2015, Ref. RB</title>
        <cusip>49126TAR3</cusip>
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          <isin value="US49126TAR32"/>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>134275.82000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Amber Creek Metropolitan District</name>
        <lei>N/A</lei>
        <title>Amber Creek Metropolitan District, Series 2017 A, Ref. GO Bonds</title>
        <cusip>02320AAA4</cusip>
        <identifiers>
          <isin value="US02320AAA43"/>
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        <balance>678000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>605127.88000000</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>2037-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp., Series 2023, RB</title>
        <cusip>34061XAF9</cusip>
        <identifiers>
          <isin value="US34061XAF96"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2026118.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>St. Paul (City of), MN Housing &amp; Redevelopment Authority (Great River School)</name>
        <lei>549300FQCUW4VH929113</lei>
        <title>St. Paul (City of), MN Housing &amp; Redevelopment Authority (Great River School), Series 2017 A, RB</title>
        <cusip>852297CJ7</cusip>
        <identifiers>
          <isin value="US852297CJ78"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>140937.16000000</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>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Main Street Natural Gas, Inc.</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>Main Street Natural Gas, Inc., Series 2023 B, RB</title>
        <cusip>56035DFC1</cusip>
        <identifiers>
          <isin value="US56035DFC11"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2082031.20000000</valUSD>
        <pctVal>0.164548684437</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Memphis (City of) &amp; Shelby (County of), TN Economic Development Growth Engine Industrial Development Board (Graceland)</name>
        <lei>N/A</lei>
        <title>Memphis (City of) &amp; Shelby (County of), TN Economic Development Growth Engine Industrial Development Board (Graceland), Series 2017 A, Ref. RB</title>
        <cusip>58611YAB0</cusip>
        <identifiers>
          <isin value="US58611YAB02"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>256461.28000000</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>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</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>Puerto Rico (Commonwealth of) Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico (Commonwealth of) Electric Power Authority, Series 2005 RR, RB</title>
        <cusip>74526QDE9</cusip>
        <identifiers>
          <isin value="US74526QDE98"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100000.48000000</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>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California (State of) Municipal Finance Authority (Ascent 613)</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California (State of) Municipal Finance Authority (Ascent 613), Series 2025 A, RB</title>
        <cusip>13051EAF7</cusip>
        <identifiers>
          <isin value="US13051EAF79"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>979347.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Chandler (City of), AZ Industrial Development Authority (Intel Corp.)</name>
        <lei>N/A</lei>
        <title>Chandler (City of), AZ Industrial Development Authority (Intel Corp.), Series 2022-1, RB</title>
        <cusip>158862CA8</cusip>
        <identifiers>
          <isin value="US158862CA82"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2037761.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Puerto Rico (Commonwealth of) Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico (Commonwealth of) Electric Power Authority, Series 2010 CCC, RB</title>
        <cusip>74526QZA3</cusip>
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          <isin value="US74526QZA39"/>
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        <balance>1765000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>968543.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tarrant County Cultural Education Facilities Finance Corp. (C.C. Young Memorial Home)</name>
        <lei>549300ROY505NVTMMI25</lei>
        <title>Tarrant County Cultural Education Facilities Finance Corp. (C.C. Young Memorial Home), Series 2017 A, RB</title>
        <cusip>87638RHP5</cusip>
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          <isin value="US87638RHP55"/>
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        <balance>1000000.00000000</balance>
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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>
        <debtSec>
          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>Y</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Colorado (State of) Educational &amp; Cultural Facilities Authority (Ascent Classical Academy)</name>
        <lei>549300BJRX2FHSSZP042</lei>
        <title>Colorado (State of) Educational &amp; Cultural Facilities Authority (Ascent Classical Academy), Series 2024, Ref. RB</title>
        <cusip>19645URE6</cusip>
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          <isin value="US19645URE63"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2505764.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Utah (State of) Charter School Finance Authority (Ascent Academies of Utah)</name>
        <lei>N/A</lei>
        <title>Utah (State of) Charter School Finance Authority (Ascent Academies of Utah), Series 2022, RB</title>
        <cusip>91754TR88</cusip>
        <identifiers>
          <isin value="US91754TR881"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1898317.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Capital Projects Finance Authority (Navigator Academy of Leadership Obligated Group)</name>
        <lei>N/A</lei>
        <title>Capital Projects Finance Authority (Navigator Academy of Leadership Obligated Group), Series 2024, Ref. RB</title>
        <cusip>14043FAL0</cusip>
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          <isin value="US14043FAL04"/>
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        <balance>1760000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1634827.74000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cuyahoga (County of), OH (MetroHealth System)</name>
        <lei>549300GHDK9DGLUNJU89</lei>
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        <cusip>2322655Q7</cusip>
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          <isin value="US2322655Q77"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3372092.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>DeKalb (County of), IL Development Authority (The Globe Academy, Inc.)</name>
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        <cusip>240463KB4</cusip>
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          <isin value="US240463KB49"/>
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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>2045-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>South Carolina (State of) Jobs-Economic Development Authority (South Carolina SAVES Green Community Program - AAC East LLC) (Green Bonds)</name>
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        <cusip>837031YS6</cusip>
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          <isin value="US837031YS65"/>
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        <curCd>USD</curCd>
        <valUSD>808546.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>3rd and Havana Metropolitan District</name>
        <lei>N/A</lei>
        <title>3rd and Havana Metropolitan District, Series 2020 A, GO Bonds</title>
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          <isin value="US884134AA53"/>
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        <balance>2240000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority, Series 2025, RB</title>
        <cusip>45204FN27</cusip>
        <identifiers>
          <isin value="US45204FN270"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1461823.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Greater Cincinnati (Port of), OH Development Authority (IPS Cincinnati LLC)</name>
        <lei>549300IK2RCZBY62ST97</lei>
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        <cusip>73421LAA9</cusip>
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          <isin value="US73421LAA98"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3448287.85000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wisconsin (State of) Public Finance Authority (American Dream at Meadowlands)</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Wisconsin (State of) Public Finance Authority (American Dream at Meadowlands), Series 2017, RB</title>
        <cusip>74446EAB2</cusip>
        <identifiers>
          <isin value="US74446EAB20"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>448750.00000000</valUSD>
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        <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>6.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Baltimore (City of), MD (Convention Center Hotel)</name>
        <lei>N/A</lei>
        <title>Baltimore (City of), MD (Convention Center Hotel), Series 2017, Ref. RB</title>
        <cusip>05921PBS7</cusip>
        <identifiers>
          <isin value="US05921PBS74"/>
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        <balance>2160000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2178543.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lomira (Village of), WI Community Development Authority</name>
        <lei>N/A</lei>
        <title>Lomira (Village of), WI Community Development Authority, Series 2018 B, Ref. RB</title>
        <cusip>541662AX0</cusip>
        <identifiers>
          <isin value="US541662AX03"/>
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        <balance>705000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>691767.01000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.65000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wisconsin (State of) Health &amp; Educational Facilities Authority (Benevolent Corp. Cedar Community)</name>
        <lei>549300ISNGXS0VHGVD41</lei>
        <title>Wisconsin (State of) Health &amp; Educational Facilities Authority (Benevolent Corp. Cedar Community), Series 2017, Ref. RB</title>
        <cusip>97712DG34</cusip>
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          <isin value="US97712DG344"/>
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        <curCd>USD</curCd>
        <valUSD>1208963.97000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Buffalo &amp; Erie County Industrial Land Development Corp. (Medaille College)</name>
        <lei>N/A</lei>
        <title>Buffalo &amp; Erie County Industrial Land Development Corp. (Medaille College), Series 2018, Ref. RB</title>
        <cusip>11943KDF6</cusip>
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          <isin value="US11943KDF66"/>
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        <balance>212974.47000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3194.62000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Crandall (City of), TX</name>
        <lei>N/A</lei>
        <title>Crandall (City of), TX, Series 2021, RB</title>
        <cusip>224384AA5</cusip>
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          <isin value="US224384AA59"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99359.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Florida Development Finance Corp. (Brightline Florida Passenger Rail Expansion)</name>
        <lei>549300HC854CNBLMWC48</lei>
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        <cusip>340618DZ7</cusip>
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          <isin value="US340618DZ75"/>
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        <balance>9000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9164261.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-08-13</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.25000000</annualizedRt>
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        <name>PEFA, Inc.</name>
        <lei>549300RSE249DJNRHY07</lei>
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          <isin value="US70556CAB00"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Mobile (City of), AL Improvement District (McGowin Park)</name>
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        <title>Mobile (City of), AL Improvement District (McGowin Park), Series 2016 A, RB</title>
        <cusip>607155AC2</cusip>
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          <isin value="US607155AC27"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Washington (State of) Housing Finance Commission (Presbyterian Retirement Co.)</name>
        <lei>549300YL1HU59NREG764</lei>
        <title>Washington (State of) Housing Finance Commission (Presbyterian Retirement Co.), Series 2016, Ref. RB</title>
        <cusip>939783TH9</cusip>
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          <isin value="US939783TH93"/>
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        <balance>1755000.00000000</balance>
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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>
        <debtSec>
          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Gulf Coast Industrial Development Authority</name>
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        <name>New Hope Cultural Education Facilities Finance Corp. (Legacy Preparatory Charter Academy)</name>
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        <name>Pinellas (County of), FL Industrial Development Authority (2017 Foundation for Global Understanding)</name>
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        <name>Capital Trust Authority (St.Johns Classical Academy, Inc.)</name>
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        <name>California (State of) Statewide Communities Development Authority (Loma Linda University Medical Center)</name>
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        <name>City of Houston TX Airport System Revenue</name>
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      <invstOrSec>
        <name>Phoenix (City of), AZ Industrial Development Authority (The) (Legacy Traditional Schools)</name>
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        <name>Capital Trust Authority (Academir Charter Schools, Inc.)</name>
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        <name>California (State of) Public Finance Authority (California University of Science and Medicine)</name>
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          <isin value="US13057EDH45"/>
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        <name>Capital Trust Authority</name>
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          <isin value="US14054WBT18"/>
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        <name>California (State of) Public Finance Authority (Trinity Classical Academy)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Madeira Community Development District</name>
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        <name>New York (State of) Dormitory Authority (Montefiore Obligated Group)</name>
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          <isin value="US65000B8Q45"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Florida Development Finance Corp. (Brightline Florida Passenger Rail)</name>
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        <name>Duluth (City of), MN Housing &amp; Redevelopment Authority (Duluth Public Schools Academy)</name>
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        <cusip>264454AE9</cusip>
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        <name>Washington State Housing Finance Commission</name>
        <lei>549300YL1HU59NREG764</lei>
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          <isin value="US93978LJL18"/>
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        <name>Granby Ranch Metropolitan District</name>
        <lei>N/A</lei>
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          <isin value="US385184AB26"/>
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        <name>St. Paul (City of), MN Housing &amp; Redevelopment Authority (Rossy &amp; Richard Shaller Family Sholom East Campus)</name>
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        <name>Illinois (State of) Finance Authority (Rush University Medical Center)</name>
        <lei>549300ZG6UBPNNNRN315</lei>
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        <name>Maricopa (County of), AZ Industrial Development Authority (Benjamin Franklin Charter School)</name>
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        <name>Capital Trust Agency, Inc. (Imagine School at North Manatee)</name>
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      <invstOrSec>
        <name>Plaza Metropolitan District No. 1</name>
        <lei>N/A</lei>
        <title>Plaza Metropolitan District No. 1, Series 2013, Ref. RB</title>
        <cusip>72818QAX1</cusip>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Iowa (State of) Finance Authority (Union at the Marina)</name>
        <lei>549300NQVL49BTHOW391</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Florida Housing Finance Corp.</name>
        <lei>549300W0PCIJCI0JCF10</lei>
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        <name>Talladega (County of), AL</name>
        <lei>N/A</lei>
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        <cusip>874381JM9</cusip>
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          <isin value="US874381JM93"/>
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        <balance>25000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>Lee (County of), FL Industrial Development Authority (Shell Point Obligated Group)</name>
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        <cusip>52349EET3</cusip>
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          <isin value="US52349EET38"/>
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        <name>Wisconsin (State of) Public Finance Authority (Mater Academy of Nevada - East Las Vegas Campus)</name>
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        <cusip>74442ELT5</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>New York (State of) Dormitory Authority (Montefiore Obligated Group)</name>
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        <cusip>64990GGE6</cusip>
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          <isin value="US64990GGE61"/>
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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>Colorado (State of) International Center Metropolitan District No. 14</name>
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        <cusip>196502AB4</cusip>
        <identifiers>
          <isin value="US196502AB48"/>
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        <balance>996000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <name>Wildwood (City of), FL Village Community Development Disctrict No. 15</name>
        <lei>N/A</lei>
        <title>Wildwood (City of), FL Village Community Development Disctrict No. 15, Series 2024, RB</title>
        <cusip>92708KAJ6</cusip>
        <identifiers>
          <isin value="US92708KAJ60"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>935466.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-01</maturityDt>
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        <name>Tulsa (City of), OK Airports Improvement Trust (American Airlines Group, Inc.)</name>
        <lei>N/A</lei>
        <title>Tulsa (City of), OK Airports Improvement Trust (American Airlines Group, Inc.), Series 2015, Ref. RB</title>
        <cusip>899661EL2</cusip>
        <identifiers>
          <isin value="US899661EL22"/>
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        <balance>5000000.00000000</balance>
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        <valUSD>5000000.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Brazoria County Industrial Development Corp. (Gladieux Metals Recycling LLC)</name>
        <lei>N/A</lei>
        <title>Brazoria County Industrial Development Corp. (Gladieux Metals Recycling LLC), Series 2019, RB</title>
        <cusip>10604PAA1</cusip>
        <identifiers>
          <isin value="US10604PAA12"/>
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        <balance>2035000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1628000.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>9.00000000</annualizedRt>
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        <name>Capital Trust Authority (Classical Academy of Sarasota (The))</name>
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        <title>Capital Trust Authority (Classical Academy of Sarasota (The)), Series 2024, RB</title>
        <cusip>14054WBF1</cusip>
        <identifiers>
          <isin value="US14054WBF14"/>
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        <balance>1140000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Pawtucket (City of), RI Housing Authority</name>
        <lei>N/A</lei>
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        <cusip>704179BU3</cusip>
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          <isin value="US704179BU39"/>
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        <balance>195000.00000000</balance>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>New York &amp; New Jersey (States of) Port Authority</name>
        <lei>54930006MR4KZ4W74Z83</lei>
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        <cusip>73358WSD7</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Mobile (City of), AL Improvement District (McGowin Park)</name>
        <lei>N/A</lei>
        <title>Mobile (City of), AL Improvement District (McGowin Park), Series 2016 A, RB</title>
        <cusip>607155AB4</cusip>
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          <isin value="US607155AB44"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2025-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Cape Girardeau (County of), MO Industrial Development Authority (Procter &amp; Gamble Paper Products Co. (The))</name>
        <lei>N/A</lei>
        <title>Cape Girardeau (County of), MO Industrial Development Authority (Procter &amp; Gamble Paper Products Co. (The)), Series 1998, RB</title>
        <cusip>13940PAA8</cusip>
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          <isin value="US13940PAA84"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.30000000</annualizedRt>
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        <name>Puerto Rico (Commonwealth of) Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico (Commonwealth of) Electric Power Authority, Series 2010 XX, RB</title>
        <cusip>74526QWD0</cusip>
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          <isin value="US74526QWD05"/>
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        <balance>250000.00000000</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>
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          <maturityDt>2027-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Illinois (State of) Medical District Commission</name>
        <lei>N/A</lei>
        <title>Illinois (State of) Medical District Commission, Series 2002, COP</title>
        <cusip>45202VAR3</cusip>
        <identifiers>
          <isin value="US45202VAR33"/>
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        <balance>10000.00000000</balance>
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      <invstOrSec>
        <name>Northampton (County of), PA Industrial Development Authority</name>
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      <invstOrSec>
        <name>Idaho (State of) Housing &amp; Finance Association (North Star Charter School)</name>
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      <invstOrSec>
        <name>Arkansas (State of) Development Finance Authority (Big River Steel)</name>
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        <cusip>04108WCC4</cusip>
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          <isin value="US04108WCC47"/>
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        <balance>2000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-09-01</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Oregon State Facilities Authority</name>
        <lei>N/A</lei>
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        <cusip>68607AAP6</cusip>
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          <isin value="US68607AAP66"/>
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        <balance>475000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>Wisconsin (State of) Health &amp; Educational Facilities Authority (Benevolent Corp. Cedar Community)</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-01</maturityDt>
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      <invstOrSec>
        <name>Alachua (County of), FL Health Facilities Authority (East Ridge Retirement Village, Inc.)</name>
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        <cusip>010685JW6</cusip>
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          <isin value="US010685JW61"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-15</maturityDt>
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          <annualizedRt>5.62500000</annualizedRt>
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      <invstOrSec>
        <name>Atlanta Development Authority (The) (Westside Gulch Area)</name>
        <lei>549300GHLQ0J51NUBM84</lei>
        <title>Atlanta Development Authority (The) (Westside Gulch Area), Series 2024 A, RB</title>
        <cusip>04780NMW4</cusip>
        <identifiers>
          <isin value="US04780NMW47"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1741989.03000000</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>2034-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>California (State of) Municipal Finance Authority (Waste Management, Inc.)</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <cusip>13048RAL1</cusip>
        <identifiers>
          <isin value="US13048RAL15"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3999954.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ohio Housing Finance Agency</name>
        <lei>549300K10X7VPG6JVX38</lei>
        <title>Ohio Housing Finance Agency, Series 2025, RB</title>
        <cusip>676900XN8</cusip>
        <identifiers>
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        <balance>1200000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.70000000</annualizedRt>
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        <name>Kansas City (City of), MO Land Clearance for Redevelopment Authority (Convention Center Hotel)</name>
        <lei>N/A</lei>
        <title>Kansas City (City of), MO Land Clearance for Redevelopment Authority (Convention Center Hotel), Series 2018 B, RB</title>
        <cusip>48504MAE1</cusip>
        <identifiers>
          <isin value="US48504MAE12"/>
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        <balance>595000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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      <invstOrSec>
        <name>Kelso (City of), WA Housing Authority (Chinook &amp; Columbia Apartments)</name>
        <lei>N/A</lei>
        <title>Kelso (City of), WA Housing Authority (Chinook &amp; Columbia Apartments), Series 1998, RB</title>
        <cusip>488269AC5</cusip>
        <identifiers>
          <isin value="US488269AC58"/>
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        <balance>65000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.60000000</annualizedRt>
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        <name>Cleveland (City of), OH (Continental Airlines, Inc.)</name>
        <lei>549300IQSLQPCVVMKJ96</lei>
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        <cusip>186347AC4</cusip>
        <identifiers>
          <isin value="US186347AC47"/>
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        <balance>485000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-15</maturityDt>
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          <annualizedRt>5.37500000</annualizedRt>
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        <name>Venice (City of), FL (Village on the Isle)</name>
        <lei>N/A</lei>
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        <cusip>922687AH1</cusip>
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          <isin value="US922687AH14"/>
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        <balance>900000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <annualizedRt>4.25000000</annualizedRt>
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        <name>Puerto Rico (Commonwealth of)</name>
        <lei>549300X44HXPLJU48U63</lei>
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        <cusip>74514L3F2</cusip>
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          <isin value="US74514L3F25"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <name>Pima (County of), AZ Industrial Development Authority (The) (Imagine East Mesa Charter Schools)</name>
        <lei>549300QDTQ25545R4K19</lei>
        <title>Pima (County of), AZ Industrial Development Authority (The) (Imagine East Mesa Charter Schools), Series 2019, RB</title>
        <cusip>72177PCC2</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <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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        <name>Morrow (Port of), OR (Bonneville Cooperation Project No. 4)</name>
        <lei>N/A</lei>
        <title>Morrow (Port of), OR (Bonneville Cooperation Project No. 4), Series 2024 A, GO Bonds</title>
        <cusip>73473RFG5</cusip>
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          <isin value="US73473RFG56"/>
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        <valUSD>1502238.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <annualizedRt>5.15000000</annualizedRt>
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      <invstOrSec>
        <name>New York Transportation Development Corp. (American Airlines, Inc. John F. Kennedy International Airport)</name>
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        <name>County of Lee FL Airport Revenue</name>
        <lei>N/A</lei>
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        <name>Wisconsin (State of) Public Finance Authority (Lariat)</name>
        <lei>5493004S6D3NA627K012</lei>
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        <name>Wisconsin (State of) Public Finance Authority (Cincinnati Classical Academy)</name>
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        <name>Buffalo &amp; Erie County Industrial Land Development Corp. (Medaille College)</name>
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        <name>Wisconsin (State of) Public Finance Authority (Community School of Davidson)</name>
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        <name>Albany (City of) &amp; Dougherty (Country of), GA Payroll Development Authority (Procter &amp; Gamble Paper Products Co. (The))</name>
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        <name>Ivywood Classical Academy</name>
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        <name>Build NYC Resource Corp. (Unity Preparatory Charter School of Brooklyn)</name>
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        <name>Mida Mountain Village Public Infrastructure District</name>
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        <name>Idaho (State of) Health Facilities Authority (Valley Vista Care Corp.)</name>
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        <name>Wisconsin (State of) Public Finance Authority (Rans-Bridgewater)</name>
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        <name>New Hope Cultural Education Facilities Finance Corp. (Cumberland Academy)</name>
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        <name>New Hampshire (State of) Business Finance Authority (The Attwater)</name>
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        <name>St. Paul (City of), MN Housing &amp; Redevelopment Authority (Hmong Prep Academy)</name>
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        <name>Washington (State of) Housing Finance Commission (Bayview Manor Homes)</name>
        <lei>549300YL1HU59NREG764</lei>
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        <cusip>939783SZ0</cusip>
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        <name>Macon-Bibb (County of), GA Urban Development Authority (Academy for Classical Education, Inc.)</name>
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        <name>Puerto Rico (Commonwealth of) Electric Power Authority</name>
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        <name>Tarrant County Cultural Education Facilities Finance Corp. (C.C. Young Memorial Home)</name>
        <lei>549300ROY505NVTMMI25</lei>
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        <name>Puerto Rico Sales Tax Financing Corp.</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>Bexar County Health Facilities Development Corp. (Army Retirement Residence Foundation)</name>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <name>Lynn Housing Authority &amp; Neighborhood Development</name>
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        <name>Avimor Community Infrastructure District No. 1 (Assessment Area Five)</name>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Wisconsin (State of) Public Finance Authority (Rans-Elevon)</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Wisconsin (State of) Public Finance Authority (Rans-Elevon), Series 2024, RB</title>
        <cusip>74442PD51</cusip>
        <identifiers>
          <isin value="US74442PD510"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2987062.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-15</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>
      <invstOrSec>
        <name>Duluth (City of), MN Housing &amp; Redevelopment Authority (Duluth Public Schools Academy)</name>
        <lei>N/A</lei>
        <title>Duluth (City of), MN Housing &amp; Redevelopment Authority (Duluth Public Schools Academy), Series 2018 A, Ref. RB</title>
        <cusip>264454AF6</cusip>
        <identifiers>
          <isin value="US264454AF63"/>
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        <balance>1070000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1013589.81000000</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>2033-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Arkansas (State of) Development Finance Authority (Green Bonds)</name>
        <lei>N/A</lei>
        <title>Arkansas (State of) Development Finance Authority (Green Bonds), Series 2022, RB</title>
        <cusip>04110FAA3</cusip>
        <identifiers>
          <isin value="US04110FAA30"/>
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        <balance>8000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7963681.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.45000000</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>Brighton Crossing Metropolitan District No. 6</name>
        <lei>N/A</lei>
        <title>Brighton Crossing Metropolitan District No. 6, Series 2020 A, GO Bonds</title>
        <cusip>10933PAB1</cusip>
        <identifiers>
          <isin value="US10933PAB13"/>
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        <balance>515000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>489444.82000000</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>2040-12-01</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>
        <name>New Jersey (State of) Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey (State of) Transportation Trust Fund Authority, Series 2008 A, RB</title>
        <cusip>646136WF4</cusip>
        <identifiers>
          <isin value="US646136WF46"/>
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        <balance>715000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>633233.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</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>Wisconsin (State of) Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Wisconsin (State of) Public Finance Authority, Series 2022 B, RB</title>
        <cusip>74443DHD6</cusip>
        <identifiers>
          <isin value="US74443DHD66"/>
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        <balance>665000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>665911.18000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</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>Evansville (City of), IN (Silver Birch of Evansville)</name>
        <lei>5493004FNKVUBIYGJO12</lei>
        <title>Evansville (City of), IN (Silver Birch of Evansville), Series 2017, RB</title>
        <cusip>299351AF3</cusip>
        <identifiers>
          <isin value="US299351AF30"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>194504.46000000</valUSD>
        <pctVal>0.015372225454</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.80000000</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>Wisconsin (State of) Public Finance Authority (Alpha Ranch)</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Wisconsin (State of) Public Finance Authority (Alpha Ranch), Series 2024, RB</title>
        <cusip>74442PG58</cusip>
        <identifiers>
          <isin value="US74442PG588"/>
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        <balance>5000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2220425.50000000</valUSD>
        <pctVal>0.175486368751</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Wisconsin (State of) Public Finance Authority (Explore Academy)</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Wisconsin (State of) Public Finance Authority (Explore Academy), Series 2020 A, RB</title>
        <cusip>74443DFU0</cusip>
        <identifiers>
          <isin value="US74443DFU00"/>
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        <balance>4200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4143198.36000000</valUSD>
        <pctVal>0.327448426085</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</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>Kansas City (City of), MO Industrial Development Authority (Ward Parkway Center Community Improvement District)</name>
        <lei>549300QWDXL46XQC8110</lei>
        <title>Kansas City (City of), MO Industrial Development Authority (Ward Parkway Center Community Improvement District), Series 2016 A, Ref. RB</title>
        <cusip>48503VAH5</cusip>
        <identifiers>
          <isin value="US48503VAH50"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1891779.20000000</valUSD>
        <pctVal>0.149512542658</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corp.</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp., Series 2015 B, Ref. RB</title>
        <cusip>888809BG4</cusip>
        <identifiers>
          <isin value="US888809BG44"/>
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        <balance>5175000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5138482.10000000</valUSD>
        <pctVal>0.406108452918</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-01</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>Canyon Pines Metropolitan District</name>
        <lei>N/A</lei>
        <title>Canyon Pines Metropolitan District, Series 2024, GO Bonds</title>
        <cusip>138867AD8</cusip>
        <identifiers>
          <isin value="US138867AD88"/>
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        <balance>5000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4842268.00000000</valUSD>
        <pctVal>0.382697833295</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Invesco Rochester High Yield Municipal ETF</name>
        <lei>5493006RURMGCZH0OI34</lei>
        <title>Invesco Rochester High Yield Municipal ETF</title>
        <cusip>46090A747</cusip>
        <identifiers>
          <isin value="US46090A7476"/>
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        <balance>17000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>851618.40000000</valUSD>
        <pctVal>0.067305757647</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lakewood Ranch Stewardship District (Palm Grove)</name>
        <lei>N/A</lei>
        <title>Lakewood Ranch Stewardship District (Palm Grove), Series 2024, RB</title>
        <cusip>51265KFX1</cusip>
        <identifiers>
          <isin value="US51265KFX19"/>
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        <balance>550000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>550558.25000000</valUSD>
        <pctVal>0.043512141289</pctVal>
        <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>4.50000000</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>Black Desert Public Infrastructure District</name>
        <lei>N/A</lei>
        <title>Black Desert Public Infrastructure District, Series 2021 A, GO Bonds</title>
        <cusip>09204PAB5</cusip>
        <identifiers>
          <isin value="US09204PAB58"/>
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        <balance>1750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1554560.00000000</valUSD>
        <pctVal>0.122861176565</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Christian (County of), KY (Jennie Stuart Medical Center, Inc.)</name>
        <lei>N/A</lei>
        <title>Christian (County of), KY (Jennie Stuart Medical Center, Inc.), Series 2016, Ref. RB</title>
        <cusip>170692CM7</cusip>
        <identifiers>
          <isin value="US170692CM71"/>
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        <balance>165000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>166289.51000000</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>2026-02-01</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>Brazoria County Industrial Development Corp. (Gladieux Metals Recycling LLC)</name>
        <lei>N/A</lei>
        <title>Brazoria County Industrial Development Corp. (Gladieux Metals Recycling LLC), Series 2019, RB</title>
        <cusip>10604PAC7</cusip>
        <identifiers>
          <isin value="US10604PAC77"/>
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        <balance>385000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>308000.00000000</valUSD>
        <pctVal>0.024342091898</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Mida Golf and Equestrian Center Public Infrastructure District</name>
        <lei>N/A</lei>
        <title>Mida Golf and Equestrian Center Public Infrastructure District, Series 2021, GO Bonds</title>
        <cusip>59561BAD4</cusip>
        <identifiers>
          <isin value="US59561BAD47"/>
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        <balance>2500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2004976.75000000</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>2051-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Puerto Rico (Commonwealth of)</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Puerto Rico (Commonwealth of), Series 2021 A-1, GO Bonds</title>
        <cusip>74514L3N5</cusip>
        <identifiers>
          <isin value="US74514L3N58"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3429661.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kinston Metropolitan District No. 5</name>
        <lei>N/A</lei>
        <title>Kinston Metropolitan District No. 5, Series 2020 A, GO Bonds</title>
        <cusip>49717MAA0</cusip>
        <identifiers>
          <isin value="US49717MAA09"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>951224.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Suffolk Regional Off-Track Betting Corp.</name>
        <lei>N/A</lei>
        <title>Suffolk Regional Off-Track Betting Corp., Series 2024, RB</title>
        <cusip>86480TAA2</cusip>
        <identifiers>
          <isin value="US86480TAA25"/>
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        <balance>1600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1655709.92000000</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>2034-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California (State of) Housing Finance Agency (Social Certificates)</name>
        <lei>549300BOPCVLBA552Z14</lei>
        <title>California (State of) Housing Finance Agency (Social Certificates), Series 2023-1, RB</title>
        <cusip>13033DAL9</cusip>
        <identifiers>
          <isin value="US13033DAL91"/>
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        <balance>2457155.95000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2436145.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tennergy Corp.</name>
        <lei>5493008K3JJFBSC4C235</lei>
        <title>Tennergy Corp., Series 2021 A, RB</title>
        <cusip>880397BW3</cusip>
        <identifiers>
          <isin value="US880397BW31"/>
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        <balance>3610000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3605919.62000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Variable</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>
        <name>Houston (City of), TX</name>
        <lei>N/A</lei>
        <title>Houston (City of), TX, Series 2015 B-1, RB</title>
        <cusip>4423487S1</cusip>
        <identifiers>
          <isin value="US4423487S16"/>
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        <balance>7700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7681419.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-15</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>Dominion Water &amp; Sanitation District</name>
        <lei>N/A</lei>
        <title>Dominion Water &amp; Sanitation District, Series 2022, Ref. RB</title>
        <cusip>25755AAC5</cusip>
        <identifiers>
          <isin value="US25755AAC53"/>
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        <balance>1659000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1670014.27000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminals C&amp;D Redevelopment)</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminals C&amp;D Redevelopment), Series 2018, RB</title>
        <cusip>650116CN4</cusip>
        <identifiers>
          <isin value="US650116CN46"/>
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        <balance>6500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6539543.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Berwyn (City of), IL (South Berwyn Corridor)</name>
        <lei>N/A</lei>
        <title>Berwyn (City of), IL (South Berwyn Corridor), Series 2020, RB</title>
        <cusip>086274AA5</cusip>
        <identifiers>
          <isin value="US086274AA55"/>
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        <balance>1015000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>973948.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mississippi (State of) Development Bank (Jackson County Gomesa)</name>
        <lei>549300122LOI8CB50V38</lei>
        <title>Mississippi (State of) Development Bank (Jackson County Gomesa), Series 2021, RB</title>
        <cusip>60534XKC9</cusip>
        <identifiers>
          <isin value="US60534XKC91"/>
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        <balance>3040000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2744461.23000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Arlington Higher Education Finance Corp. (Odyssey Academy, Inc.)</name>
        <lei>N/A</lei>
        <title>Arlington Higher Education Finance Corp. (Odyssey Academy, Inc.), Series 2023 A, RB</title>
        <cusip>041807DU9</cusip>
        <identifiers>
          <isin value="US041807DU91"/>
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        <balance>1950000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1975056.14000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Puerto Rico (Commonwealth of) Municipal Finance Agency</name>
        <lei>N/A</lei>
        <title>Puerto Rico (Commonwealth of) Municipal Finance Agency, Series 2005 A, RB</title>
        <cusip>745277QR7</cusip>
        <identifiers>
          <isin value="US745277QR72"/>
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        <balance>305000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>306929.77000000</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>2030-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Conyers (City of), GA (Salem Gate)</name>
        <lei>549300WNDBTR12BDTR82</lei>
        <title>Conyers (City of), GA (Salem Gate), Series 2024, RB</title>
        <cusip>21288AAC0</cusip>
        <identifiers>
          <isin value="US21288AAC09"/>
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        <balance>2870000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2792481.59000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Puerto Rico (Commonwealth of) Industrial, Tourist, Educational, Medical &amp; Environmental Control Facilities Financing Authority (AES Puerto Rico)</name>
        <lei>549300YJRISCG6HQ4512</lei>
        <title>Puerto Rico (Commonwealth of) Industrial, Tourist, Educational, Medical &amp; Environmental Control Facilities Financing Authority (AES Puerto Rico), Seri</title>
        <cusip>74528KAB9</cusip>
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          <isin value="US74528KAB98"/>
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        <balance>4547752.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4484437.74000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Sacramento (County of), CA (Juvenile Courthouse)</name>
        <lei>549300OXI5MD45L13R20</lei>
        <title>Sacramento (County of), CA (Juvenile Courthouse), Series 2003, COP</title>
        <cusip>786110MX1</cusip>
        <identifiers>
          <isin value="US786110MX16"/>
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        <balance>5405000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5411675.72000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>West Virginia (State of) Economic Development Authority (Entsorga West Virginia LLC)</name>
        <lei>549300WW88TKKF5H1220</lei>
        <title>West Virginia (State of) Economic Development Authority (Entsorga West Virginia LLC), Series 2016, RB</title>
        <cusip>95648VAX7</cusip>
        <identifiers>
          <isin value="US95648VAX73"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>700000.00000000</valUSD>
        <pctVal>0.055322936133</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Allentown (City of), PA Neighborhood Improvement Zone Development Authority (615 Waterfront)</name>
        <lei>N/A</lei>
        <title>Allentown (City of), PA Neighborhood Improvement Zone Development Authority (615 Waterfront), Series 2021, RB</title>
        <cusip>018444BG3</cusip>
        <identifiers>
          <isin value="US018444BG31"/>
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        <balance>620000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>634381.58000000</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>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</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>Hess Ranch Metropolitan District No. 5</name>
        <lei>N/A</lei>
        <title>Hess Ranch Metropolitan District No. 5, Series 2024 A-2, RB</title>
        <cusip>428111AB4</cusip>
        <identifiers>
          <isin value="US428111AB48"/>
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        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>300000.00000000</valUSD>
        <pctVal>0.023709829771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Riverpark Metropolitan District (County of Arapahoe)</name>
        <lei>N/A</lei>
        <title>Riverpark Metropolitan District (County of Arapahoe), Series 2024, GO Bonds</title>
        <cusip>76883BAA5</cusip>
        <identifiers>
          <isin value="US76883BAA52"/>
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        <balance>1900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1863087.37000000</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>2042-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>New Hampshire (State of) Business Finance Authority (Social Certificates)</name>
        <lei>N/A</lei>
        <title>New Hampshire (State of) Business Finance Authority (Social Certificates), Series 2024-1A, RB</title>
        <cusip>63607WAQ7</cusip>
        <identifiers>
          <isin value="US63607WAQ78"/>
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        <balance>2940827.69000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2727503.28000000</valUSD>
        <pctVal>0.215562128234</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Redtail Ridge Metropolitan District</name>
        <lei>N/A</lei>
        <title>Redtail Ridge Metropolitan District, Series 2025, GO Bonds</title>
        <cusip>75773CAA8</cusip>
        <identifiers>
          <isin value="US75773CAA80"/>
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        <balance>4000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2337604.80000000</valUSD>
        <pctVal>0.184747372937</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</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>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arizona (State of) Industrial Development Authority (Pinecrest Academy of Nevada-Horizon, Inspirada and St. Rose Campus Projects)</name>
        <lei>N/A</lei>
        <title>Arizona (State of) Industrial Development Authority (Pinecrest Academy of Nevada-Horizon, Inspirada and St. Rose Campus Projects), Series 2018 A, RB</title>
        <cusip>04052BHC1</cusip>
        <identifiers>
          <isin value="US04052BHC19"/>
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        <balance>615000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>620862.12000000</valUSD>
        <pctVal>0.049068450589</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Copperleaf Metropolitan District No. 6</name>
        <lei>N/A</lei>
        <title>Copperleaf Metropolitan District No. 6, Series 2022 B, GO Bonds</title>
        <cusip>21765PAC9</cusip>
        <identifiers>
          <isin value="US21765PAC95"/>
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        <balance>1225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1219196.93000000</valUSD>
        <pctVal>0.096356505561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</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>Wisconsin (State of) Public Finance Authority (Ascend Leadership Academy)</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Wisconsin (State of) Public Finance Authority (Ascend Leadership Academy), Series 2021 A, RB</title>
        <cusip>744396GS5</cusip>
        <identifiers>
          <isin value="US744396GS56"/>
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        <balance>615000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>518169.17000000</valUSD>
        <pctVal>0.040952342712</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-15</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>New York Counties Tobacco Trust VI</name>
        <lei>N/A</lei>
        <title>New York Counties Tobacco Trust VI, Series 2016 A, Ref. RB</title>
        <cusip>64945JAZ5</cusip>
        <identifiers>
          <isin value="US64945JAZ57"/>
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        <balance>720000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>727144.49000000</valUSD>
        <pctVal>0.057468240257</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</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>Bexar County Health Facilities Development Corp. (Army Retirement Residence Foundation)</name>
        <lei>N/A</lei>
        <title>Bexar County Health Facilities Development Corp. (Army Retirement Residence Foundation), Series 2018, Ref. RB</title>
        <cusip>088354GJ8</cusip>
        <identifiers>
          <isin value="US088354GJ83"/>
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        <balance>2630000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2612609.39000000</valUSD>
        <pctVal>0.206481746322</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Arkansas (State of) Development Finance Authority (Big River Steel) (Green Bonds)</name>
        <lei>N/A</lei>
        <title>Arkansas (State of) Development Finance Authority (Big River Steel) (Green Bonds), Series 2020, RB</title>
        <cusip>04108WCD2</cusip>
        <identifiers>
          <isin value="US04108WCD20"/>
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        <balance>7370000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7222373.00000000</valUSD>
        <pctVal>0.570804114590</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hess Ranch Metropolitan District No. 5</name>
        <lei>N/A</lei>
        <title>Hess Ranch Metropolitan District No. 5, Series 2024 A-1, RB</title>
        <cusip>428111AA6</cusip>
        <identifiers>
          <isin value="US428111AA64"/>
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        <balance>478226.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>478226.00000000</valUSD>
        <pctVal>0.037795523507</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Hampshire (State of) Business Finance Authority (Thomas Ranch)</name>
        <lei>N/A</lei>
        <title>New Hampshire (State of) Business Finance Authority (Thomas Ranch), Series 2024, RB</title>
        <cusip>63608TAH3</cusip>
        <identifiers>
          <isin value="US63608TAH32"/>
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        <balance>7500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3975038.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Hampshire (State of) Housing Finance Authority (University Hospitals Home Care Services, Inc.)</name>
        <lei>N/A</lei>
        <title>New Hampshire (State of) Housing Finance Authority (University Hospitals Home Care Services, Inc.), Series 2024, RB</title>
        <cusip>63610JAA6</cusip>
        <identifiers>
          <isin value="US63610JAA60"/>
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        <balance>840000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>850889.26000000</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>2033-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tuscaloosa (County of), AL Industrial Development Authority (Hunt Refining)</name>
        <lei>N/A</lei>
        <title>Tuscaloosa (County of), AL Industrial Development Authority (Hunt Refining), Series 2019 A, Ref. IDR</title>
        <cusip>90068FAZ9</cusip>
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          <isin value="US90068FAZ99"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3940964.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>St. Louis Park (City of), MN (Place Via Sol Project)</name>
        <lei>549300F6X6Q4H3ALF786</lei>
        <title>St. Louis Park (City of), MN (Place Via Sol Project), Series 2018, RB</title>
        <cusip>85233GAA2</cusip>
        <identifiers>
          <isin value="US85233GAA22"/>
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        <balance>1927397.48000000</balance>
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        <curCd>USD</curCd>
        <valUSD>192739.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>West Villages Improvement District (Develepmont Unit No. 10)</name>
        <lei>N/A</lei>
        <title>West Villages Improvement District (Develepmont Unit No. 10), Series 2024, RB</title>
        <cusip>956454CL4</cusip>
        <identifiers>
          <isin value="US956454CL49"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>484411.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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      <invstOrSec>
        <name>Wisconsin (State of) Public Finance Authority (Pinecrest Academy of Nevada - Sloan Canyon Campus)</name>
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        <cusip>74442EME7</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-07-15</maturityDt>
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      <invstOrSec>
        <name>Wisconsin (State of) Public Finance Authority (American Dream at Meadowlands)</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74446EAA4</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-01</maturityDt>
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      <invstOrSec>
        <name>UIPA Crossroads Public Infrastructure District</name>
        <lei>N/A</lei>
        <title>UIPA Crossroads Public Infrastructure District, Series 2021, RB</title>
        <cusip>90279EAA2</cusip>
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          <isin value="US90279EAA29"/>
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        <balance>3000000.00000000</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>2041-06-01</maturityDt>
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          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>Mission Economic Development Corp.</name>
        <lei>N/A</lei>
        <title>Mission Economic Development Corp., Series 2025, RB</title>
        <cusip>605155BW9</cusip>
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          <isin value="US605155BW91"/>
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        <balance>2125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2171750.43000000</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>2030-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Illinois (State of) Medical District Commission</name>
        <lei>N/A</lei>
        <title>Illinois (State of) Medical District Commission, Series 2002, COP</title>
        <cusip>45202VAS1</cusip>
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          <isin value="US45202VAS16"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>140118.58000000</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>2032-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Westchester (County of), NY Industrial Development Agency (Million Air Two LLC General Aviation Facilities)</name>
        <lei>549300YOPFLG4RJ5YO58</lei>
        <title>Westchester (County of), NY Industrial Development Agency (Million Air Two LLC General Aviation Facilities), Series 2017 A, RB</title>
        <cusip>95737MAA9</cusip>
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          <isin value="US95737MAA99"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3629035.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Morton Grove (Village of), IL (Sawmill Station Redevelopment)</name>
        <lei>N/A</lei>
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        <cusip>619295AA6</cusip>
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          <isin value="US619295AA66"/>
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        <balance>640000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>628484.86000000</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>4.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds)</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB</title>
        <cusip>13013JFS0</cusip>
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          <isin value="US13013JFS06"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5144128.00000000</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>2032-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Denver Health &amp; Hospital Authority</name>
        <lei>549300WFV5S7GIR4OS67</lei>
        <title>Denver Health &amp; Hospital Authority, Series 2025, RB</title>
        <cusip>24918EEM8</cusip>
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          <isin value="US24918EEM84"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>487196.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Jefferson (County of), CO Center Metropolitan District No. 1</name>
        <lei>N/A</lei>
        <title>Jefferson (County of), CO Center Metropolitan District No. 1, Series 2020 B, Ref. RB</title>
        <cusip>47248EAC6</cusip>
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          <isin value="US47248EAC66"/>
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        <balance>5499000.00000000</balance>
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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>
        <debtSec>
          <maturityDt>2050-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Mida Golf and Equestrian Center Public Infrastructure District</name>
        <lei>N/A</lei>
        <title>Mida Golf and Equestrian Center Public Infrastructure District, Series 2021, GO Bonds</title>
        <cusip>59561BAB8</cusip>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Arlington Higher Education Finance Corp. (Winfree Academy Charter School)</name>
        <lei>N/A</lei>
        <title>Arlington Higher Education Finance Corp. (Winfree Academy Charter School), Series 2019, Ref. RB</title>
        <cusip>041806RU6</cusip>
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          <isin value="US041806RU62"/>
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        <balance>1055000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1058907.51000000</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>5.15000000</annualizedRt>
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        <name>Bethel (City of), MN (Ecumen Obligated Group)</name>
        <lei>N/A</lei>
        <title>Bethel (City of), MN (Ecumen Obligated Group), Series 2024, Ref. RB</title>
        <cusip>08675RAU1</cusip>
        <identifiers>
          <isin value="US08675RAU14"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1460936.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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        <name>Lake Helen (City of), FL (Ivy Hawn Charter School of the Arts)</name>
        <lei>N/A</lei>
        <title>Lake Helen (City of), FL (Ivy Hawn Charter School of the Arts), Series 2018 A, RB</title>
        <cusip>509893AA1</cusip>
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          <isin value="US509893AA16"/>
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        <balance>395000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Wisconsin (State of) Public Finance Authority (Ascend Leadership Academy)</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Wisconsin (State of) Public Finance Authority (Ascend Leadership Academy), Series 2021 A, RB</title>
        <cusip>744396GR7</cusip>
        <identifiers>
          <isin value="US744396GR73"/>
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        <balance>550000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>Colliers Hill Metropolitan District No. 2</name>
        <lei>N/A</lei>
        <title>Colliers Hill Metropolitan District No. 2, Series 2022 B-2, GO Bonds</title>
        <cusip>194689AT2</cusip>
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          <isin value="US194689AT22"/>
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        <balance>2000000.00000000</balance>
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        <valUSD>2009051.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Ramsey (City of), MN (Pact Charter School)</name>
        <lei>549300PYUDKBK3S78343</lei>
        <title>Ramsey (City of), MN (Pact Charter School), Series 2022 A, Ref. RB</title>
        <cusip>751814AA2</cusip>
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          <isin value="US751814AA28"/>
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        <balance>2000000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Hope Cultural Education Facilities Finance Corp. (Carillon Lifecare Community)</name>
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        <name>Illinois (State of) Finance Authority (Lutheran Communities Obligated Group)</name>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <name>Idaho (State of) Housing &amp; Finance Association (North Star Charter School)</name>
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        <cusip>45129GCE3</cusip>
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        <name>Bexar County Health Facilities Development Corp. (Army Retirement Residence Foundation)</name>
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        <name>Utah (State of) Charter School Finance Authority (Merit Preparatory Academy)</name>
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        <cusip>91754TXE8</cusip>
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        <name>Michigan (State of) Finance Authority (Huron Academy)</name>
        <lei>54930022O46HOX5J1D14</lei>
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        <cusip>594479JT5</cusip>
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        <name>Sierra (City of), AZ Vista Industrial Development Authority</name>
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        <name>Puerto Rico (Commonwealth of) Municipal Finance Agency</name>
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        <name>Illinois (State of) Development Finance Authority (CITGO Petroleum Corp.)</name>
        <lei>549300ZG6UBPNNNRN315</lei>
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        <name>Wisconsin (State of) Public Finance Authority (Uwharrie Charter Academy)</name>
        <lei>5493004S6D3NA627K012</lei>
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          <maturityDt>2032-06-15</maturityDt>
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        <securityLending>
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      <invstOrSec>
        <name>Tennergy Corp.</name>
        <lei>5493008K3JJFBSC4C235</lei>
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          <isin value="US880397CF98"/>
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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>2030-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Puerto Rico (Commonwealth of) Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
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          <isin value="US74526QPN69"/>
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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>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Huntsville (City of), AL Special Care Facilities Financing Authority (Redstone Village)</name>
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        <title>Huntsville (City of), AL Special Care Facilities Financing Authority (Redstone Village), Series 2007, RB</title>
        <cusip>447297AK8</cusip>
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          <isin value="US447297AK84"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49500.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Decatur (City of), TX (Paloma Trails Public Improvement District Area No. 1)</name>
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        <cusip>243340AE6</cusip>
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          <isin value="US243340AE66"/>
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        <balance>560000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>531687.58000000</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>2045-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Erie Tobacco Asset Securitization Corp.</name>
        <lei>N/A</lei>
        <title>Erie Tobacco Asset Securitization Corp., Series 2005 A, RB</title>
        <cusip>295095BB8</cusip>
        <identifiers>
          <isin value="US295095BB81"/>
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        <balance>3210000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2805209.69000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bristol (City of), TN Industrial Development Board (Pinnacle)</name>
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        <cusip>11023QAA0</cusip>
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          <isin value="US11023QAA04"/>
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        <balance>2590000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2515741.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Creekview Community Development District (Phase 2)</name>
        <lei>N/A</lei>
        <title>Creekview Community Development District (Phase 2), Series 2024, RB</title>
        <cusip>225514AF5</cusip>
        <identifiers>
          <isin value="US225514AF54"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1906381.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Hampshire (State of) Housing Finance Authority (University Hospitals Home Care Services, Inc.)</name>
        <lei>N/A</lei>
        <title>New Hampshire (State of) Housing Finance Authority (University Hospitals Home Care Services, Inc.), Series 2024, RB</title>
        <cusip>63610JAB4</cusip>
        <identifiers>
          <isin value="US63610JAB44"/>
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        <balance>810000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>816823.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>Connecticut (State of) Health &amp; Educational Facilities Authority</name>
        <lei>549300ZOQJ5U8YBS5Q35</lei>
        <title>Connecticut (State of) Health &amp; Educational Facilities Authority, Series 2025 A, RB</title>
        <cusip>20775DZM7</cusip>
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          <isin value="US20775DZM72"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1023565.80000000</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>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>12.00000000</annualizedRt>
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      <invstOrSec>
        <name>Huntsville (City of), AL Special Care Facilities Financing Authority (Redstone Village)</name>
        <lei>N/A</lei>
        <title>Huntsville (City of), AL Special Care Facilities Financing Authority (Redstone Village), Series 2014, RB</title>
        <cusip>447297AZ5</cusip>
        <identifiers>
          <isin value="US447297AZ53"/>
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        <balance>5022484.41000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2762366.43000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>Utah (State of) Charter School Finance Authority (Ascent Academies of Utah)</name>
        <lei>N/A</lei>
        <title>Utah (State of) Charter School Finance Authority (Ascent Academies of Utah), Series 2022, RB</title>
        <cusip>91754TR96</cusip>
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          <isin value="US91754TR964"/>
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        <balance>3515000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Cuyahoga (County of), OH (MetroHealth System)</name>
        <lei>549300GHDK9DGLUNJU89</lei>
        <title>Cuyahoga (County of), OH (MetroHealth System), Series 2017, Ref. RB</title>
        <cusip>2322655P9</cusip>
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          <isin value="US2322655P94"/>
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        <balance>5470000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5437456.78000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Wisconsin (State of) Public Finance Authority (Cincinnati Classical Academy)</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Wisconsin (State of) Public Finance Authority (Cincinnati Classical Academy), Series 2024, RB</title>
        <cusip>74443DLB5</cusip>
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          <isin value="US74443DLB54"/>
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        <balance>250000.00000000</balance>
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        <valUSD>239015.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <name>Aurora (City of), IL (East River Area TIF No. 6)</name>
        <lei>N/A</lei>
        <title>Aurora (City of), IL (East River Area TIF No. 6), Series 2018 A, Ref. RB</title>
        <cusip>051688AL3</cusip>
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          <isin value="US051688AL31"/>
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        <balance>550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>553496.74000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>South Carolina (State of) Jobs-Economic Development Authority (Greer Preparatory Academy Project)</name>
        <lei>5493006X47I9VG3DL112</lei>
        <title>South Carolina (State of) Jobs-Economic Development Authority (Greer Preparatory Academy Project), Series 2024, RB</title>
        <cusip>83704MEP7</cusip>
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          <isin value="US83704MEP77"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-06-15</maturityDt>
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          <annualizedRt>6.37500000</annualizedRt>
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        <name>Sienna Hills Public Infrastructure District No. 1</name>
        <lei>N/A</lei>
        <title>Sienna Hills Public Infrastructure District No. 1, Series 2023 A, GO Bonds</title>
        <cusip>82621GAA9</cusip>
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          <isin value="US82621GAA94"/>
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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>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>Whiting (City of), IN (BP Products North America, Inc.)</name>
        <lei>N/A</lei>
        <title>Whiting (City of), IN (BP Products North America, Inc.), Series 2015, RB</title>
        <cusip>96634RAW2</cusip>
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          <isin value="US96634RAW25"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1012773.60000000</valUSD>
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        <name>Rocky Mountain Rail Park Metropolitan District</name>
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        <name>South Carolina (State of) Jobs-Economic Development Authority (Oceanside Collegiate Academy)</name>
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        <name>Escambia (County of), FL Health Facilities Authority (Baptist Health Care Corp. Obligated Group)</name>
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        <name>Fairfield (City of), AL</name>
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        <name>Olympia Public Infrastructure District No. 1</name>
        <lei>N/A</lei>
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        <name>New Hope Cultural Education Facilities Finance Corp. (Morningside Ministries)</name>
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        <name>Calplant I, LLC</name>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <name>Washington (State of) Housing Finance Commission (Spokane International Academy)</name>
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        <name>Millsboro (Town of), DE (Plantation Lakes Special Development District)</name>
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        <name>East Nassau Stewardship District (PDP No. 4)</name>
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        <name>Buckeye Tobacco Settlement Financing Authority</name>
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        <name>I-470 Western Gateway Transportation Development District</name>
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        <name>Florida Development Finance Corp. (Parrish Charter Academy, Inc.)</name>
        <lei>549300HC854CNBLMWC48</lei>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Variable</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wisconsin (State of) Public Finance Authority (Alamance Community School)</name>
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          <isin value="US744396GX42"/>
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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>2041-06-15</maturityDt>
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      </invstOrSec>
      <invstOrSec>
        <name>Alachua (County of), FL Health Facilities Authority (East Ridge Retirement Village, Inc.)</name>
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          <isin value="US010685JT33"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Arlington Higher Education Finance Corp. (Legacy Traditional Schools)</name>
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        <cusip>0418064V9</cusip>
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          <isin value="US0418064V99"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Main Street Natural Gas, Inc.</name>
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        <cusip>56035DHT2</cusip>
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          <isin value="US56035DHT28"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2085005.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Arizona (State of) Industrial Development Authority (Linder Village)</name>
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        <title>Arizona (State of) Industrial Development Authority (Linder Village), Series 2020, RB</title>
        <cusip>040523AJ1</cusip>
        <identifiers>
          <isin value="US040523AJ11"/>
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        <balance>7045000.00000000</balance>
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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>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Boggy Creek Improvement District</name>
        <lei>N/A</lei>
        <title>Boggy Creek Improvement District, Series 2023, Ref. RB</title>
        <cusip>097206AD8</cusip>
        <identifiers>
          <isin value="US097206AD86"/>
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        <balance>935000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>945567.37000000</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>2033-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Wisconsin (State of) Public Finance Authority (Proton International)</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Wisconsin (State of) Public Finance Authority (Proton International), Series 2021 A, RB</title>
        <cusip>74442PVP7</cusip>
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          <isin value="US74442PVP79"/>
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        <balance>3110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2286445.57000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Indiana (State of) Finance Authority (Ohio Valley Electrical Corp.)</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana (State of) Finance Authority (Ohio Valley Electrical Corp.), Series 2012 A, RB</title>
        <cusip>45470CAG4</cusip>
        <identifiers>
          <isin value="US45470CAG42"/>
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        <balance>1580000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1599885.09000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Capital Trust Agency, Inc. (H-Bay Ministries, Inc.- Superior Residences)</name>
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        <cusip>140542BM2</cusip>
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          <isin value="US140542BM28"/>
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        <balance>625000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10937.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <name>Midtown Metropoltan District</name>
        <lei>N/A</lei>
        <title>Midtown Metropoltan District, Series 2022, GO Bonds</title>
        <cusip>598072AE6</cusip>
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        <curCd>USD</curCd>
        <valUSD>1026280.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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        <name>Florida Development Finance Corp. (Brightline Florida Passenger Rail Expansion)</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp. (Brightline Florida Passenger Rail Expansion), Series 2024, Ref. RB</title>
        <cusip>340618DK0</cusip>
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          <isin value="US340618DK07"/>
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        <curCd>USD</curCd>
        <valUSD>3374731.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>12.00000000</annualizedRt>
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        <name>West Virginia Economic Development Authority</name>
        <lei>549300WW88TKKF5H1220</lei>
        <title>West Virginia Economic Development Authority, Series 2025, RB</title>
        <cusip>95648VBV0</cusip>
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          <isin value="US95648VBV09"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4974340.50000000</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>2032-05-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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        <name>Wisconsin (State of) Public Finance Authority (Quality Education Academy)</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Wisconsin (State of) Public Finance Authority (Quality Education Academy), Series 2023, RB</title>
        <cusip>744396HZ8</cusip>
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          <isin value="US744396HZ80"/>
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        <balance>690000.00000000</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>2043-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>Pima (County of), AZ Industrial Development Authority (The) (Career Success Schools)</name>
        <lei>549300QDTQ25545R4K19</lei>
        <title>Pima (County of), AZ Industrial Development Authority (The) (Career Success Schools), Series 2020, Ref. RB</title>
        <cusip>72177MTD9</cusip>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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        <name>Capital Trust Authority</name>
        <lei>N/A</lei>
        <title>Capital Trust Authority, Series 2025, RB</title>
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          <isin value="US14054WBU80"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-07-01</maturityDt>
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        <name>Travis County Development Authority (Turner's Crossing Public Improvement District Improvement Area No. 1)</name>
        <lei>N/A</lei>
        <title>Travis County Development Authority (Turner's Crossing Public Improvement District Improvement Area No. 1), Series 2025, RB</title>
        <cusip>89441ABA4</cusip>
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          <isin value="US89441ABA43"/>
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        <balance>700000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Franklin (County of), OH (Wesley Communities)</name>
        <lei>549300VCBUC1RZE7KL42</lei>
        <title>Franklin (County of), OH (Wesley Communities), Series 2020, Ref. RB</title>
        <cusip>353180LK6</cusip>
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          <isin value="US353180LK65"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <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>Philadelphia (City of), PA Authority for Industrial Development (Alliance for Progress Charter School, Inc.)</name>
        <lei>549300DIY68KQZEW7M79</lei>
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        <cusip>71781XFV0</cusip>
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          <isin value="US71781XFV01"/>
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        <curCd>USD</curCd>
        <valUSD>1734021.34000000</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>2039-06-15</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>Wisconsin (State of) Health &amp; Educational Facilities Authority (Camillus Health System)</name>
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        <cusip>97712D4C7</cusip>
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          <isin value="US97712D4C76"/>
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        <balance>1650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1462395.17000000</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>2046-11-01</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>New York Counties Tobacco Trust IV</name>
        <lei>N/A</lei>
        <title>New York Counties Tobacco Trust IV, Series 2010 A, RB</title>
        <cusip>62947YAL5</cusip>
        <identifiers>
          <isin value="US62947YAL56"/>
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        <balance>2849000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2732397.27000000</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>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</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>Crandall (City of), TX</name>
        <lei>N/A</lei>
        <title>Crandall (City of), TX, Series 2021, RB</title>
        <cusip>224384AD9</cusip>
        <identifiers>
          <isin value="US224384AD98"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>461218.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Wohali Public Infrastructure District No. 1 (Wohali Assessment Area #1)</name>
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        <title>Wohali Public Infrastructure District No. 1 (Wohali Assessment Area #1), Series 2023, RB</title>
        <cusip>929335AA5</cusip>
        <identifiers>
          <isin value="US929335AA53"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2913807.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Michigan (State of) Strategic Fund (Evangelical Homes)</name>
        <lei>N/A</lei>
        <title>Michigan (State of) Strategic Fund (Evangelical Homes), Series 2013, Ref. RB</title>
        <cusip>594698KV3</cusip>
        <identifiers>
          <isin value="US594698KV34"/>
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        <balance>2820000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2158287.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Military Installation Development Authority</name>
        <lei>N/A</lei>
        <title>Military Installation Development Authority, Series 2021 A-2, RB</title>
        <cusip>599772AE0</cusip>
        <identifiers>
          <isin value="US599772AE01"/>
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        <balance>1250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1090662.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</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>
        <name>Rocky Mountain Rail Park Metropolitan District</name>
        <lei>N/A</lei>
        <title>Rocky Mountain Rail Park Metropolitan District, Series 2021 A, GO Bonds</title>
        <cusip>774762AB4</cusip>
        <identifiers>
          <isin value="US774762AB47"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1907609.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Philadelphia (City of), PA Authority for Industrial Development (Wesley Enhanced Living Obligated Group)</name>
        <lei>549300DIY68KQZEW7M79</lei>
        <title>Philadelphia (City of), PA Authority for Industrial Development (Wesley Enhanced Living Obligated Group), Series 2017, Ref. RB</title>
        <cusip>717824AN6</cusip>
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          <isin value="US717824AN63"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>502802.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Laredo (City of), TX</name>
        <lei>N/A</lei>
        <title>Laredo (City of), TX, Series 2024, RB</title>
        <cusip>517039C43</cusip>
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          <isin value="US517039C437"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1051281.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Broward (County of), FL</name>
        <lei>N/A</lei>
        <title>Broward (County of), FL, Series 2015 A, RB</title>
        <cusip>114894WJ3</cusip>
        <identifiers>
          <isin value="US114894WJ35"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9842997.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Shelby (County of), TN Health, Educational &amp; Housing Facilities Board (Trezevant Manor)</name>
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        <title>Shelby (County of), TN Health, Educational &amp; Housing Facilities Board (Trezevant Manor), Series 2013 A, Ref. RB</title>
        <cusip>821697H77</cusip>
        <identifiers>
          <isin value="US821697H770"/>
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        <balance>705000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>607652.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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      <invstOrSec>
        <name>Northridge Community Development District</name>
        <lei>N/A</lei>
        <title>Northridge Community Development District, Series 2025, RB</title>
        <cusip>66668PAB4</cusip>
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          <isin value="US66668PAB40"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1729414.40000000</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>2045-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Michigan (State of) Finance Authority (Henry Ford Health System) (Green Bonds)</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan (State of) Finance Authority (Henry Ford Health System) (Green Bonds), Series 2024, RB</title>
        <cusip>59447NAX4</cusip>
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          <isin value="US59447NAX49"/>
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        <balance>1000000.00000000</balance>
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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>
        <debtSec>
          <maturityDt>2040-02-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corp.</name>
        <lei>549300EIUFISISP8X671</lei>
        <title>Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB</title>
        <cusip>74529JQC2</cusip>
        <identifiers>
          <isin value="US74529JQC26"/>
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        <balance>1027000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>945247.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Greater Cincinnati (Port of), OH Development Authority</name>
        <lei>549300IK2RCZBY62ST97</lei>
        <title>Greater Cincinnati (Port of), OH Development Authority, Series 2004, RB</title>
        <cusip>734198AB0</cusip>
        <identifiers>
          <isin value="US734198AB03"/>
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        <balance>1805000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1775262.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.40000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ackley (City of), IA (Grand Jivante)</name>
        <lei>N/A</lei>
        <title>Ackley (City of), IA (Grand Jivante), Series 2018 A, RB</title>
        <cusip>004603AK2</cusip>
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          <isin value="US004603AK25"/>
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        <balance>600000.00000000</balance>
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        <name>Maricopa (County of), AZ Industrial Development Authority (Legacy Traditional Schools)</name>
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      <invstOrSec>
        <name>AES PUERTO RICO Inc.</name>
        <lei>N/A</lei>
        <title>AES PUERTO RICO Inc.</title>
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        <issuerCat>CORP</issuerCat>
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        <name>Pima (County of), AZ Industrial Development Authority (The) (Imagine East Mesa Charter Schools)</name>
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        <name>Floyd (County of), GA Development Authority (The Spires at Berry College)</name>
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        <name>Puerto Rico Sales Tax Financing Corp.</name>
        <lei>549300EIUFISISP8X671</lei>
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        <name>Kansas City (City of), MO Industrial Development Authority (Ward Parkway Center Community Improvement District)</name>
        <lei>549300QWDXL46XQC8110</lei>
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        <cusip>48503VAG7</cusip>
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        <name>Hillside (Village of), IL (Mannheim Redevelopment)</name>
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      <invstOrSec>
        <name>King (County of), WA Public Hospital District No. 4</name>
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        <name>Firefly Public Infrastructure District No. 1 (Firefly Assessment Area No.1)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Westerly Metropolitan District No. 4</name>
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          <isin value="US957568AA60"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-01</maturityDt>
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        <name>Christian (County of), KY (Jennie Stuart Medical Center, Inc.)</name>
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        <cusip>170692CP0</cusip>
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          <isin value="US170692CP03"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>Frisco (Town of), CO (Marina Enterprise)</name>
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        <cusip>35876MAC2</cusip>
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          <isin value="US35876MAC29"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Missouri (State of) Health &amp; Educational Facilities Authority (Lutheran Senior Services)</name>
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        <cusip>60635H4B2</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-02-01</maturityDt>
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      <invstOrSec>
        <name>Grand Forks (City of), ND (Altru Health System)</name>
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        <cusip>38546WDM9</cusip>
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          <isin value="US38546WDM91"/>
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        <balance>3375000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Evanston (City of), IL (Roycemore School)</name>
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        <cusip>299231AD2</cusip>
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          <isin value="US299231AD20"/>
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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>2032-04-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Polk (County of), FL Industrial Development Authority (Mineral Development LLC)</name>
        <lei>549300UTRO4TAORRAL04</lei>
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        <cusip>731120NQ0</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-01-01</maturityDt>
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      <invstOrSec>
        <name>Lynn Housing Authority &amp; Neighborhood Development</name>
        <lei>N/A</lei>
        <title>Lynn Housing Authority &amp; Neighborhood Development, Series 2018, Ref. RB</title>
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          <isin value="US551436AL27"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-01</maturityDt>
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          <annualizedRt>4.25000000</annualizedRt>
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        <name>Kalispel Tribe of Indians</name>
        <lei>N/A</lei>
        <title>Kalispel Tribe of Indians, Series 2018 B, RB</title>
        <cusip>48340PAT9</cusip>
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          <isin value="US48340PAT93"/>
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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>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>NASSAU CNTY N Y INDL DEV AGY CONTINUING CARE RETIREMENT</name>
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        <title>NASSAU CNTY N Y INDL DEV AGY CONTINUING CARE RETIREMENT</title>
        <cusip>631ESCAA8</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Tulsa Municipal Airport Trust Trustees/OK</name>
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          <isin value="US899661EM05"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-12-01</maturityDt>
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          <annualizedRt>6.25000000</annualizedRt>
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        <name>South Carolina (State of) Jobs-Economic Development Authority (Beaufort Memorial Hospital &amp; South of Broad Healthcare)</name>
        <lei>5493006X47I9VG3DL112</lei>
        <title>South Carolina (State of) Jobs-Economic Development Authority (Beaufort Memorial Hospital &amp; South of Broad Healthcare), Series 2024, RB</title>
        <cusip>83704HAL1</cusip>
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          <isin value="US83704HAL15"/>
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        <balance>1400000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Capital Trust Authority (Central Florida Preparatory School Project)</name>
        <lei>N/A</lei>
        <title>Capital Trust Authority (Central Florida Preparatory School Project), Series 2024, RB</title>
        <cusip>14054WAV7</cusip>
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          <isin value="US14054WAV72"/>
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        <balance>3000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>California (State of) Municipal Finance Authority (Ascent 613)</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California (State of) Municipal Finance Authority (Ascent 613), Series 2025 A, RB</title>
        <cusip>13051EAG5</cusip>
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          <isin value="US13051EAG52"/>
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        <balance>500000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Idaho (State of) Housing &amp; Finance Association (North Star Charter School)</name>
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        <name>Tompkins County Development Corp. (Tompkins Cortland Community College Foundation, Inc.)</name>
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        <name>Puerto Rico (Commonwealth of)</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>Ecorse (City of), MI</name>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.80000000</annualizedRt>
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        <name>King (County of), WA Housing Authority (Rural Preservation)</name>
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        <name>New Hope Cultural Education Facilities Finance Corp. (MRC Senior Living-The Langford)</name>
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        <name>Dakota (County of), MN Community Development Agency (Quill)</name>
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        <cusip>23409VFK1</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.55000000</annualizedRt>
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        <name>Sierra (City of), AZ Vista Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Sierra (City of), AZ Vista Industrial Development Authority, Series 2024, Ref. RB</title>
        <cusip>82652UAR3</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>Muskingum (County of), OH (Genesis Healthcare System)</name>
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        <cusip>628077CK3</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Wisconsin (State of) Public Finance Authority (Indigo)</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74447TAB8</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>Illinois (State of) Finance Authority (Intrinsic Schools - Belmont School)</name>
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        <cusip>452022AE6</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Pima (County of), AZ Industrial Development Authority (Excalibur Charter School (The))</name>
        <lei>549300QDTQ25545R4K19</lei>
        <title>Pima (County of), AZ Industrial Development Authority (Excalibur Charter School (The)), Series 2016, Ref. RB</title>
        <cusip>72177MRJ8</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Tarrant County Cultural Education Facilities Finance Corp. (MRC Stevenson Oaks)</name>
        <lei>549300ROY505NVTMMI25</lei>
        <title>Tarrant County Cultural Education Facilities Finance Corp. (MRC Stevenson Oaks), Series 2020, Ref. RB</title>
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          <maturityDt>2027-11-15</maturityDt>
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        <name>Dominion Water &amp; Sanitation District</name>
        <lei>N/A</lei>
        <title>Dominion Water &amp; Sanitation District, Series 2022, Ref. RB</title>
        <cusip>25755AAD3</cusip>
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        <invCountry>US</invCountry>
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        <name>New Jersey (State of) Economic Development Authority (Teaneck Community Charter School)</name>
        <lei>5493006JS6QWDVU4R678</lei>
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        <name>Main Street Natural Gas, Inc.</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>Main Street Natural Gas, Inc., Series 2022 C, RB</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lynn Housing Authority &amp; Neighborhood Development</name>
        <lei>N/A</lei>
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        <name>Port Beaumont Navigation District (Jefferson Gulf Coast Energy)</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>2.50000000</annualizedRt>
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        <name>Phoenix (City of), AZ Industrial Development Authority (Basis Schools) (The)</name>
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        <cusip>71885FEA1</cusip>
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          <isin value="US71885FEA12"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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          <isin value="US13048V3E69"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-11-01</maturityDt>
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        <name>Monongalia (County of), WV Commission Special District (University Town Centre Economic Opportunity Development District)</name>
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        <cusip>61022CAA7</cusip>
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          <isin value="US61022CAA71"/>
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        <invCountry>US</invCountry>
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          <annualizedRt>4.50000000</annualizedRt>
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        <name>Puerto Rico (Commonwealth of)</name>
        <lei>549300X44HXPLJU48U63</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-11-01</maturityDt>
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        <name>Virginia Beach Development Authority (Westminster-Canterbury on Chesapeake Bay)</name>
        <lei>N/A</lei>
        <title>Virginia Beach Development Authority (Westminster-Canterbury on Chesapeake Bay), Series 2023, RB</title>
        <cusip>92774NBC3</cusip>
        <identifiers>
          <isin value="US92774NBC39"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Guam (Territory of) Department of Education (John F. Kennedy)</name>
        <lei>N/A</lei>
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        <cusip>40065AAH8</cusip>
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          <isin value="US40065AAH86"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-02-01</maturityDt>
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        <name>Michigan (State of) Finance Authority (Thomas M. Colley Law School)</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan (State of) Finance Authority (Thomas M. Colley Law School), Series 2014, Ref. RB</title>
        <cusip>594479CC9</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts (Commonwealth of) Development Finance Agency (Emerson College)</name>
        <lei>549300UZSVMFXJK08K70</lei>
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        <cusip>57585BDU9</cusip>
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        <name>Oneida Indian Nation</name>
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        <name>Louisiana (State of) Local Government Environmental Facilities &amp; Community Development Authority (Vermilion (Parish of), LA Gomesha) (Green Bonds)</name>
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        <invCountry>US</invCountry>
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        <name>Detroit (City of), MI</name>
        <lei>549300BQRJP7MKKHOY28</lei>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <name>Arizona (State of) Industrial Development Authority (Doral Academy of Nevada - Fire Mesa &amp; Red Rock Campus)</name>
        <lei>N/A</lei>
        <title>Arizona (State of) Industrial Development Authority (Doral Academy of Nevada - Fire Mesa &amp; Red Rock Campus), Series 2019, RB</title>
        <cusip>04052BHX5</cusip>
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        <name>South Carolina (State of) Jobs-Economic Development Authority (Prism Health Obligated Group)</name>
        <lei>5493006X47I9VG3DL112</lei>
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        <cusip>83703FML3</cusip>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <name>Baltimore (City of), MD (Convention Center Hotel)</name>
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        <cusip>05921PBT5</cusip>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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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>Atlanta (City of), GA Urban Residential Finance Authority (GE Tower Apartments)</name>
        <lei>N/A</lei>
        <title>Atlanta (City of), GA Urban Residential Finance Authority (GE Tower Apartments), Series 2023 B, RB</title>
        <cusip>04785VBN3</cusip>
        <identifiers>
          <isin value="US04785VBN38"/>
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        <balance>5000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5000000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Providence Village (Town of), TX (Foree Ranch Public Improvement District Improvement Area No. 2)</name>
        <lei>N/A</lei>
        <title>Providence Village (Town of), TX (Foree Ranch Public Improvement District Improvement Area No. 2), Series 2025, RB</title>
        <cusip>743816AF7</cusip>
        <identifiers>
          <isin value="US743816AF77"/>
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        <balance>750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>716154.45000000</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>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.35000000</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>Pomona Unified School District</name>
        <lei>N/A</lei>
        <title>Pomona Unified School District, Series 2021 F, GO Bonds</title>
        <cusip>732098RB6</cusip>
        <identifiers>
          <isin value="US732098RB66"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>743076.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Patriots Energy Group Financing Agency</name>
        <lei>5493008X0DFBVFH4HL19</lei>
        <title>Patriots Energy Group Financing Agency, Series 2023 A-1, RB</title>
        <cusip>70342PAN4</cusip>
        <identifiers>
          <isin value="US70342PAN42"/>
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        <balance>2500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2633119.25000000</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>2031-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.25000000</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>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority, Series 2025, RB</title>
        <cusip>74439YGF2</cusip>
        <identifiers>
          <isin value="US74439YGF25"/>
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        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>343012.78000000</valUSD>
        <pctVal>0.027109248744</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-06-01</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>
      <invstOrSec>
        <name>Capital Trust Agency, Inc. (Imagine School at North Manatee)</name>
        <lei>549300F49UWS7X0OGQ59</lei>
        <title>Capital Trust Agency, Inc. (Imagine School at North Manatee), Series 2021 C, RB</title>
        <cusip>14054CEQ8</cusip>
        <identifiers>
          <isin value="US14054CEQ87"/>
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        <balance>465000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>422410.60000000</valUSD>
        <pctVal>0.033384278065</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>Mesquite Health Facilities Development Corp. (Christian Care Centers, Inc.)</name>
        <lei>N/A</lei>
        <title>Mesquite Health Facilities Development Corp. (Christian Care Centers, Inc.), Series 2016, Ref. RB</title>
        <cusip>590743CU2</cusip>
        <identifiers>
          <isin value="US590743CU20"/>
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        <balance>219957.58000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2199.58000000</valUSD>
        <pctVal>0.000173838891</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Resolute Forest Products Inc.</name>
        <lei>N/A</lei>
        <title>Resolute Forest Products Inc.</title>
        <cusip>761CVR042</cusip>
        <identifiers>
          <ticker value="RFP CVR"/>
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        <balance>6757.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9594.94000000</valUSD>
        <pctVal>0.000758314646</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Puerto Rico (Commonwealth of)</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Puerto Rico (Commonwealth of), Series 2021 A-1, GO Bonds</title>
        <cusip>74514L3G0</cusip>
        <identifiers>
          <isin value="US74514L3G08"/>
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        <balance>10510000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10788767.24000000</valUSD>
        <pctVal>0.852666115687</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</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>Bethel (City of), MN (Ecumen Obligated Group)</name>
        <lei>N/A</lei>
        <title>Bethel (City of), MN (Ecumen Obligated Group), Series 2024, Ref. RB</title>
        <cusip>08675RAT4</cusip>
        <identifiers>
          <isin value="US08675RAT41"/>
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        <balance>750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>750190.05000000</valUSD>
        <pctVal>0.059289594606</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-01</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>New Jersey (State of) Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey (State of) Transportation Trust Fund Authority, Series 2009 A, RB</title>
        <cusip>646136WP2</cusip>
        <identifiers>
          <isin value="US646136WP28"/>
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        <balance>1465000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1104493.68000000</valUSD>
        <pctVal>0.087291190455</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-15</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>
        <name>Travis County Development Authority (Longview 71 Public Improvement District Improvement Area No. 1)</name>
        <lei>N/A</lei>
        <title>Travis County Development Authority (Longview 71 Public Improvement District Improvement Area No. 1), Series 2024, RB</title>
        <cusip>89441AAW7</cusip>
        <identifiers>
          <isin value="US89441AAW71"/>
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        <balance>477000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>466241.46000000</valUSD>
        <pctVal>0.036848352163</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sierra (City of), AZ Vista Industrial Development Authority (American Leadership Academy Project)</name>
        <lei>N/A</lei>
        <title>Sierra (City of), AZ Vista Industrial Development Authority (American Leadership Academy Project), Series 2024, RB</title>
        <cusip>82652UAU6</cusip>
        <identifiers>
          <isin value="US82652UAU60"/>
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        <balance>1730000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1765608.42000000</valUSD>
        <pctVal>0.139540916938</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Capital Trust Authority (Imagine School At West Pasco Project)</name>
        <lei>N/A</lei>
        <title>Capital Trust Authority (Imagine School At West Pasco Project), Series 2023, RB</title>
        <cusip>14054WAB1</cusip>
        <identifiers>
          <isin value="US14054WAB19"/>
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        <balance>2135000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2084688.73000000</valUSD>
        <pctVal>0.164758716383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</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>RiverSouth Authority</name>
        <lei>N/A</lei>
        <title>RiverSouth Authority, Series 2007 A, RB</title>
        <cusip>769318CC8</cusip>
        <identifiers>
          <isin value="US769318CC84"/>
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        <balance>405000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>405054.23000000</valUSD>
        <pctVal>0.032012556138</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California (State of) Statewide Communities Development Authority (Loma Linda University Medical Center)</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California (State of) Statewide Communities Development Authority (Loma Linda University Medical Center), Series 2018 A, RB</title>
        <cusip>13080SVN1</cusip>
        <identifiers>
          <isin value="US13080SVN16"/>
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        <balance>3000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2926766.40000000</valUSD>
        <pctVal>0.231310443751</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corp.</name>
        <lei>549300EIUFISISP8X671</lei>
        <title>Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB</title>
        <cusip>74529JPU3</cusip>
        <identifiers>
          <isin value="US74529JPU33"/>
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        <balance>2662000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2644290.25000000</valUSD>
        <pctVal>0.208985572314</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Florida Development Finance Corp. (Renaissance Charter School, Inc.)</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp. (Renaissance Charter School, Inc.), Series 2020, Ref. RB</title>
        <cusip>34061UFB9</cusip>
        <identifiers>
          <isin value="US34061UFB98"/>
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        <curCd>USD</curCd>
        <valUSD>956640.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Crandall (City of), TX</name>
        <lei>N/A</lei>
        <title>Crandall (City of), TX, Series 2021, RB</title>
        <cusip>224384AB3</cusip>
        <identifiers>
          <isin value="US224384AB33"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99028.14000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wichita (City of), KS (Presbyterian Manors, Inc.)</name>
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        <cusip>967249QR7</cusip>
        <identifiers>
          <isin value="US967249QR77"/>
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        <balance>1280000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1275548.54000000</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Brainerd MN</name>
        <lei>N/A</lei>
        <title>City of Brainerd MN, Series 2025, RB</title>
        <cusip>10501DAC8</cusip>
        <identifiers>
          <isin value="US10501DAC83"/>
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        <balance>4700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4545115.26000000</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>2045-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico (Commonwealth of) Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico (Commonwealth of) Electric Power Authority, Series 2007 TT, RB</title>
        <cusip>74526QSY9</cusip>
        <identifiers>
          <isin value="US74526QSY97"/>
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        <balance>165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>165006.73000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Charlotte (County of), FL Industrial Development Authority (Town &amp; Country Utilities)</name>
        <lei>N/A</lei>
        <title>Charlotte (County of), FL Industrial Development Authority (Town &amp; Country Utilities), Series 2019, RB</title>
        <cusip>16080TAC9</cusip>
        <identifiers>
          <isin value="US16080TAC99"/>
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        <balance>1330000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1358735.32000000</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>
      <invstOrSec>
        <name>Orange (County of), FL Health Facilities Authority (Presbyterian Retirement Communities Obligated Group)</name>
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        <title>Orange (County of), FL Health Facilities Authority (Presbyterian Retirement Communities Obligated Group), Series 2024, Ref. RB</title>
        <cusip>68450LJB2</cusip>
        <identifiers>
          <isin value="US68450LJB27"/>
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        <balance>1900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1850069.52000000</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>2047-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Arizona (State of) Industrial Development Authority (Kaizen Education Foundation)</name>
        <lei>N/A</lei>
        <title>Arizona (State of) Industrial Development Authority (Kaizen Education Foundation), Series 2016, RB</title>
        <cusip>04052BAG9</cusip>
        <identifiers>
          <isin value="US04052BAG95"/>
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        <balance>1400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1412677.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Babcock Ranch Community Independent Special District</name>
        <lei>N/A</lei>
        <title>Babcock Ranch Community Independent Special District, Series 2024, RB</title>
        <cusip>05616KBU3</cusip>
        <identifiers>
          <isin value="US05616KBU34"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>473914.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nashville (City of), TN Metropolitan Development and Housing Agency (Fifth + Broadway Development)</name>
        <lei>N/A</lei>
        <title>Nashville (City of), TN Metropolitan Development and Housing Agency (Fifth + Broadway Development), Series 2018, RB</title>
        <cusip>591874AA0</cusip>
        <identifiers>
          <isin value="US591874AA09"/>
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        <balance>685000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>688231.01000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Buckeye Tobacco Settlement Financing Authority</name>
        <lei>N/A</lei>
        <title>Buckeye Tobacco Settlement Financing Authority, Series 2020 B-2, Ref. RB</title>
        <cusip>118217CZ9</cusip>
        <identifiers>
          <isin value="US118217CZ97"/>
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        <balance>2470000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2140473.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Arlington Higher Education Finance Corp. (Cypress Christian School)</name>
        <lei>N/A</lei>
        <title>Arlington Higher Education Finance Corp. (Cypress Christian School), Series 2024, RB</title>
        <cusip>041807FZ6</cusip>
        <identifiers>
          <isin value="US041807FZ60"/>
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        <balance>3790000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3837598.61000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tunica (County of), MS</name>
        <lei>N/A</lei>
        <title>Tunica (County of), MS, Series 2019, Ref. RB</title>
        <cusip>899759AA2</cusip>
        <identifiers>
          <isin value="US899759AA22"/>
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        <balance>1505000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1436932.16000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nashville (City of) &amp; Davidson (County of), TN Metropolitan Government Health &amp; Educational Facilities Board (The) (Trousdale Foundation Properties)</name>
        <lei>N/A</lei>
        <title>Nashville (City of) &amp; Davidson (County of), TN Metropolitan Government Health &amp; Educational Facilities Board (The) (Trousdale Foundation Properties), </title>
        <cusip>59212TAF3</cusip>
        <identifiers>
          <isin value="US59212TAF30"/>
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        <balance>1606683.58000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20083.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Montana Board of Housing</name>
        <lei>N/A</lei>
        <title>Montana Board of Housing, Series 2025, RB</title>
        <cusip>61212VAW7</cusip>
        <identifiers>
          <isin value="US61212VAW72"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2501758.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.15000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California (State of) Pollution Control Financing Authority (CalPlant I) (Green Bonds)</name>
        <lei>N/A</lei>
        <title>California (State of) Pollution Control Financing Authority (CalPlant I) (Green Bonds), Series 2020, RB</title>
        <cusip>130536RM9</cusip>
        <identifiers>
          <isin value="US130536RM94"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10.00000000</valUSD>
        <pctVal>0.000000790327</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>District of Columbia Tobacco Settlement Financing Corp.</name>
        <lei>N/A</lei>
        <title>District of Columbia Tobacco Settlement Financing Corp., Series 2001, RB</title>
        <cusip>254842AK3</cusip>
        <identifiers>
          <isin value="US254842AK35"/>
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        <balance>17230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17779035.67000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Capital Trust Agency, Inc. (H-Bay Ministries, Inc.- Superior Residences)</name>
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          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Oklahoma (State of) Development Finance Authority (OU Medicine)</name>
        <lei>549300PXGPHUWC32DJ91</lei>
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        <cusip>67884XCJ4</cusip>
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          <isin value="US67884XCJ46"/>
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        <balance>2430000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2117656.79000000</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>2048-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
        <lei>549300ROY505NVTMMI25</lei>
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        <cusip>87638QTJ8</cusip>
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          <isin value="US87638QTJ84"/>
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        <curCd>USD</curCd>
        <valUSD>10381989.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-12-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Arizona (State of) Industrial Development Authority (ACCEL Schools)</name>
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        <cusip>04052BGH1</cusip>
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          <isin value="US04052BGH15"/>
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        <balance>1955000.00000000</balance>
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        <valUSD>1956335.27000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Wildwood (City of), FL Village Community Development Disctrict No. 15</name>
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        <cusip>92708KAH0</cusip>
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          <isin value="US92708KAH05"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1403198.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.20000000</annualizedRt>
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        <name>Capital Projects Finance Authority (Kissimmee Charter Academy)</name>
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        <cusip>14043FAG1</cusip>
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          <isin value="US14043FAG19"/>
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        <balance>150000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-06-15</maturityDt>
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        <name>Knox (County of), TN Health, Educational &amp; Housing Facility Board (University Health)</name>
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        <cusip>49952MEG7</cusip>
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          <isin value="US49952MEG78"/>
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        <balance>2605000.00000000</balance>
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          <maturityDt>2036-04-01</maturityDt>
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        <name>Lowery Hills Community Development District</name>
        <lei>N/A</lei>
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        <cusip>548652AB2</cusip>
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          <isin value="US548652AB22"/>
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        <balance>725000.00000000</balance>
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        <invCountry>US</invCountry>
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        <name>Energy Southeast, A Cooperative District</name>
        <lei>2549001SMMZ81MXBXZ89</lei>
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        <cusip>292723BN2</cusip>
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          <isin value="US292723BN27"/>
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        <balance>1500000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>New Hampshire (State of) Business Finance Authority (Social Bonds)</name>
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        <cusip>63607WAE4</cusip>
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          <isin value="US63607WAE49"/>
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        <curCd>USD</curCd>
        <valUSD>3631087.96000000</valUSD>
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        <invCountry>US</invCountry>
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        <name>New York (City of), NY Transitional Finance Authority</name>
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          <isin value="US64971XHT81"/>
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        <valUSD>7000000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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    <signature>
      <ncom:dateSigned>2025-06-30</ncom:dateSigned>
      <ncom:nameOfApplicant>AIM Counselor Series Trust (Invesco Counselor Series Trust)</ncom:nameOfApplicant>
      <ncom:signature>Adrien Deberghes</ncom:signature>
      <ncom:signerName>Adrien Deberghes</ncom:signerName>
      <ncom:title>Principal Financial Officer and Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
