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        <name>Illinois Finance Authority</name>
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      <invstOrSec>
        <name>Grand Rapids Public Schools</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Campbell WY</name>
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          <isin value="US134340AB45"/>
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          <maturityDt>2039-07-15</maturityDt>
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        <name>Health and Educational Facilities Authority of the State of Missouri</name>
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        <name>County of Wilson TN</name>
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        <name>City of Sheridan CO</name>
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          <isin value="US823653AW07"/>
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          <maturityDt>2024-12-01</maturityDt>
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        <name>Idaho Housing &amp; Finance Association</name>
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          <maturityDt>2026-07-15</maturityDt>
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        <name>State of California</name>
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        <name>Dawson Ridge Metropolitan District No. 1</name>
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        <name>Robbinsdale Independent School District No. 281</name>
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        <name>California Municipal Finance Authority</name>
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        <name>Delaware County Authority</name>
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        <name>Montgomery County Higher Education &amp; Health Authority</name>
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        <name>Alaska Industrial Development &amp; Export Authority</name>
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        <name>Florida Development Finance Corp.</name>
        <lei>549300HC854CNBLMWC48</lei>
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      <invstOrSec>
        <name>County of Onslow NC</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corp.</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp.</title>
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          <isin value="US888808GW65"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Elkhorn School District</name>
        <lei>N/A</lei>
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          <maturityDt>2032-12-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Los Angeles Unified School District/CA</name>
        <lei>N/A</lei>
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          <isin value="US5446467S51"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Hampton VA</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York State Dormitory Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Louisiana</name>
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          <isin value="US546417CL85"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Michigan Trunk Line Revenue</name>
        <lei>N/A</lei>
        <title>State of Michigan, Trunk Line Fund</title>
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          <isin value="US594695T816"/>
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        <balance>610000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Berks County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Berks County Industrial Development Authority, Tower Health Project</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Indiana Bond Bank</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
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        <name>New York State Dormitory Authority</name>
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        <name>Clearbrook-Gonvick Independent School District No. 2311</name>
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        <lei>N/A</lei>
        <title>City of Franklin, Otterbeit Homes</title>
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        <name>Orange County Water District</name>
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        <name>Arizona Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority, Great Lakes Senior Living Communities LLC Project</title>
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        <name>State of Oregon</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Montana Facility Finance Authority</name>
        <lei>N/A</lei>
        <title>Montana Facility Finance Authority, SCL Health System</title>
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        <name>Berkeley County School District</name>
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        <name>New York State Dormitory Authority</name>
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        <name>City of Savage MN</name>
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          <maturityDt>2029-02-01</maturityDt>
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        <name>Hillsborough County School Board</name>
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        <name>Indianapolis Local Public Improvement Bond Bank</name>
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        <name>Cass Lake-Bena Independent School District No. 115</name>
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        <name>Maricopa County Unified School District No. 95 Queen Creek</name>
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        <name>Buckeye Tobacco Settlement Financing Authority</name>
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        <name>Ohio Higher Educational Facility Commission</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>Desert Sands Unified School District</name>
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        <name>Garland Independent School District</name>
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        <name>University of North Carolina at Charlotte (The)</name>
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        <name>City of Houston TX Combined Utility System Revenue</name>
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      <invstOrSec>
        <name>Albuquerque Municipal School District No. 12</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>San Diego Community College District</name>
        <lei>N/A</lei>
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          <isin value="US797272LR08"/>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Metropolitan Nashville Airport Authority (The)</name>
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          <isin value="US592190NG37"/>
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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>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Menlo Park City School District</name>
        <lei>N/A</lei>
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          <isin value="US586840MQ08"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>American Municipal Power, Inc.</name>
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          <isin value="US02765MAJ18"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-15</maturityDt>
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        <name>Whitman County Reorganized School District No. 300 Colfax</name>
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          <isin value="US966476EH20"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-12-01</maturityDt>
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      <invstOrSec>
        <name>Fort Wayne Redevelopment Authority</name>
        <lei>N/A</lei>
        <title>Fort Wayne Redevelopment Authority Lease Rental, Harrison Square Project</title>
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          <isin value="US349288EU04"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lansing Community College</name>
        <lei>N/A</lei>
        <title>Lansing Community College, Building and Site</title>
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          <isin value="US516408JE24"/>
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          <maturityDt>2032-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority, Riverside Health System</title>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
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      <invstOrSec>
        <name>Consolidated Government of the City of Baton Rouge &amp; Parish of East Baton Rouge</name>
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        <name>District of Columbia</name>
        <lei>549300HWFOZXPKGOX654</lei>
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        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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        <name>Elkhorn School District</name>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <name>Boulder Larimer &amp; Weld Counties St. Vrain Valley School District Re1J</name>
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        <name>City of Greensburg IN</name>
        <lei>N/A</lei>
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        <name>Los Angeles Department of Water &amp; Power Power System Revenue</name>
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      <invstOrSec>
        <name>County of Adams CO</name>
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      <invstOrSec>
        <name>Georgia Higher Education Facilities Authority</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Indiana Bond Bank</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>None</couponKind>
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        <name>County of Monroe NY</name>
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          <isin value="US61074PQX86"/>
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        <curCd>USD</curCd>
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          <maturityDt>2024-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corp.</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp.</title>
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          <isin value="US888808HD75"/>
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          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Colorado Health Facilities Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-15</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>City of Derby CT</name>
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        <name>City of Charlotte NC</name>
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        <name>State of Illinois</name>
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        <name>Ohio Higher Educational Facility Commission</name>
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        <name>City &amp; County of Honolulu HI</name>
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        <name>West Harris County Regional Water Authority</name>
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        <name>Kane County School District No. 131 Aurora East Side</name>
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        <name>State of New Mexico Severance Tax Permanent Fund</name>
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          <maturityDt>2024-07-01</maturityDt>
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        <name>Snowmass-Wildcat Fire Protection District</name>
        <lei>N/A</lei>
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          <maturityDt>2020-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Georgia Higher Education Facilities Authority</name>
        <lei>N/A</lei>
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          <maturityDt>2031-06-15</maturityDt>
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        <name>State of Connecticut Special Tax Revenue</name>
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        <name>Virginia Commonwealth Transportation Board</name>
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        <name>Indianapolis Local Public Improvement Bond Bank</name>
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        <name>Montgomery County Higher Education &amp; Health Authority</name>
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        <name>Ohio Higher Educational Facility Commission</name>
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        <name>Houston Independent School District</name>
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        <name>Commonwealth of Pennsylvania</name>
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        <lei>N/A</lei>
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        <name>Washington Health Care Facilities Authority</name>
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        <name>Lexington County Health Services District, Inc.</name>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>City of Shreveport LA Water &amp; Sewer Revenue</name>
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          <isin value="US825485WE10"/>
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        <name>New Jersey Economic Development Authority</name>
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        <name>Central Plains Energy Project</name>
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        <name>Loudoun County Economic Development Authority</name>
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        <name>Santa Margarita-Dana Point Authority</name>
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      <invstOrSec>
        <name>Indianapolis Local Public Improvement Bond Bank</name>
        <lei>549300LX8ESJHDSESB87</lei>
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          <isin value="US45528UH463"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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          <isin value="US64966LDG32"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Columbus GA Water &amp; Sewerage Revenue</name>
        <lei>N/A</lei>
        <title>City of Columbus, Georgia Water and Sewerage</title>
        <cusip>199144WK8</cusip>
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          <isin value="US199144WK80"/>
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        <curCd>USD</curCd>
        <valUSD>428753.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Burlington VT</name>
        <lei>N/A</lei>
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        <cusip>122062E65</cusip>
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          <isin value="US122062E655"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>149688.75000000</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>2034-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, Goshen Health</title>
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          <isin value="US45471ASY90"/>
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        <balance>340000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>390411.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, State Sales Tax, Series 2014A</title>
        <cusip>64990ABW4</cusip>
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          <isin value="US64990ABW45"/>
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        <balance>5500000.00000000</balance>
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        <valUSD>6395400.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Oceanside Unified School District/CA</name>
        <lei>N/A</lei>
        <title>Oceanside Unified School District</title>
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          <isin value="US675383MJ92"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5948.50000000</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>2024-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kane County School District No. 131 Aurora East Side</name>
        <lei>N/A</lei>
        <title>Kane County School District No. 131 Aurora East Side</title>
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        <identifiers>
          <isin value="US484008NK90"/>
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        <balance>65000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <cusip>64990C8E4</cusip>
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          <isin value="US64990C8E40"/>
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        <balance>2190000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Water &amp; Sewer System</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>New York City Municipal Water Finance Authority, Water and Sewer System, Second General Resolution, Fiscal Year 2010</title>
        <cusip>64972FL46</cusip>
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          <isin value="US64972FL462"/>
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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>2020-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Will County Community Unit School District No. 365 Valley View</name>
        <lei>N/A</lei>
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        <name>Missouri State Environmental Improvement &amp; Energy Resources Authority</name>
        <lei>N/A</lei>
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        <name>County of Hamilton OH</name>
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        <name>FYI Properties</name>
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        <name>Dixon Unified School District</name>
        <lei>N/A</lei>
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        <name>Berks County Municipal Authority (The)</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <name>New York State Urban Development Corp.</name>
        <lei>54930039Y2EMGXN6LM88</lei>
        <title>New York State Urban Development Corp., State Personal Income Tax, State Facilities and Equipment</title>
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          <maturityDt>2021-03-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Massachusetts Transportation Trust Fund Metropolitan Highway System Revenue</name>
        <lei>549300CGDCL8XZK3KN03</lei>
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        <name>Maine Municipal Bond Bank</name>
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        <name>Central Plains Energy Project</name>
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          <maturityDt>2037-09-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>City of Missoula MT Water System Revenue</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Montgomery County Industrial Development Authority/PA</name>
        <lei>N/A</lei>
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          <isin value="US613609H827"/>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Volusia County Educational Facility Authority</name>
        <lei>N/A</lei>
        <title>Volusia County Educational Facility Authority, Embry-Riddle Aeronautical</title>
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          <isin value="US928836MY81"/>
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        <name>Elkhorn School District</name>
        <lei>N/A</lei>
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        <name>City of Lubbock TX</name>
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        <name>Knox County Health Educational &amp; Housing Facility Board</name>
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        <name>California Municipal Finance Authority</name>
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        <name>City of Grand Rapids MI Sanitary Sewer System Revenue</name>
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        <name>Michigan Strategic Fund</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corp.</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp.</title>
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          <isin value="US888808HE58"/>
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        <valUSD>5755005.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Menlo Park City School District</name>
        <lei>N/A</lei>
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          <isin value="US586840MP25"/>
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        <valUSD>679558.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Raleigh Durham Airport Authority</name>
        <lei>N/A</lei>
        <title>Raleigh Durham Airport Authority</title>
        <cusip>751073MC8</cusip>
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          <isin value="US751073MC85"/>
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        <valUSD>1538780.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Grand Rapids MI Sanitary Sewer System Revenue</name>
        <lei>N/A</lei>
        <title>City of Grand Rapids, Sanitary Sewer System</title>
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          <isin value="US386289KT83"/>
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        <curCd>USD</curCd>
        <valUSD>430867.50000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Indiana Bond Bank</name>
        <lei>549300TZMGETS4ELEI93</lei>
        <title>Indiana Bond Bank</title>
        <cusip>45462TJJ2</cusip>
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          <isin value="US45462TJJ25"/>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>416731.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Davidson NC</name>
        <lei>N/A</lei>
        <title>County of Davidson</title>
        <cusip>238603CD4</cusip>
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          <isin value="US238603CD42"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>336950.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Massachusetts Development Finance Agency</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>Massachusetts Development Finance Agency, Suffolk University</title>
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          <isin value="US57584YRT81"/>
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        <balance>720000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>928483.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Marshall MN</name>
        <lei>N/A</lei>
        <title>City of Marshall</title>
        <cusip>572500AV8</cusip>
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          <isin value="US572500AV89"/>
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        <balance>1170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1309311.90000000</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>2023-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Florida</name>
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        <title>Florida State Board of Education, Public Education Capital Outlay</title>
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          <isin value="US34153PUK29"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1275475.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>North Central Texas Health Facility Development Corp.</name>
        <lei>N/A</lei>
        <title>North Central Texas Health Facility Development Corp.</title>
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          <isin value="US65854RAU41"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City &amp; County of Denver CO Airport System Revenue</name>
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        <title>City and County of Denver, Airport System</title>
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          <isin value="US249182FB70"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>New Jersey Educational Facilities Authority</name>
        <lei>549300UTOO4X537XXG70</lei>
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          <isin value="US6460666A35"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2033-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Missoula MT Water System Revenue</name>
        <lei>N/A</lei>
        <title>City of Missoula, Water System</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Washington Health Care Facilities Authority</name>
        <lei>549300ZVPWQIL3N5TL85</lei>
        <title>Washington Health Care Facilities Authority, Commonspirit Health</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Economic Development Authority</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority</title>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>District of Columbia</name>
        <lei>549300HWFOZXPKGOX654</lei>
        <title>District of Columbia</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2023-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Berks County Municipal Authority (The)</name>
        <lei>N/A</lei>
        <title>Berks County Municipal Authority (The), Tower Health Project</title>
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        <valUSD>8761270.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Mississippi Development Bank</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
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        <title>Florida Development Finance Corp., Imagine School at Broward Project</title>
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        <valUSD>305775.00000000</valUSD>
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          <maturityDt>2024-12-15</maturityDt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Montgomery County Public Facilities Authority/AL</name>
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          <isin value="US613209CK94"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
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        <title>New Jersey Transportation Trust Fund Authority</title>
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          <isin value="US6461365C19"/>
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        <curCd>USD</curCd>
        <valUSD>2520620.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Georgia Higher Education Facilities Authority</name>
        <lei>N/A</lei>
        <title>Georgia Higher Education Facilities Authority USG Real Estate Foundation II LLC Projects</title>
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          <isin value="US373511HS61"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Spartanburg County School District No. 7</name>
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          <isin value="US847082MJ00"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>512900.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>City of Franklin IN</name>
        <lei>N/A</lei>
        <title>City of Franklin, Otterbeit Homes</title>
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        <balance>1000000.00000000</balance>
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        <valUSD>1124940.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Midtown Redevelopment Authority</name>
        <lei>N/A</lei>
        <title>Midtown Redevelopment Authority</title>
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          <isin value="US598076GS04"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>260500.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Michigan Finance Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Connecticut</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-04-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Kane County School District No. 131 Aurora East Side</name>
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          <maturityDt>2027-12-01</maturityDt>
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        <name>Upper Merion Area School District/PA</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Easley Combined Utility System</name>
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          <maturityDt>2033-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of Louisiana</name>
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          <maturityDt>2023-02-01</maturityDt>
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        <name>Arizona State University</name>
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        <name>State of Mississippi</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>California Municipal Finance Authority</name>
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        <title>California Municipal Finance Authority, California Lutheran University</title>
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        <invCountry>US</invCountry>
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        <name>Buckeye Tobacco Settlement Financing Authority</name>
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        <name>University of North Carolina at Charlotte (The)</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>Indiana Finance Authority</name>
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        <name>Albuquerque Municipal School District No. 12</name>
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        <name>University of Illinois</name>
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        <name>County of Baltimore MD</name>
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        <name>Rapid City Area School District No. 51-4/SD</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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      <invstOrSec>
        <name>Big Lake Independent School District No. 727</name>
        <lei>N/A</lei>
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        <name>Florida Municipal Power Agency</name>
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          <maturityDt>2020-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Alaska Industrial Development &amp; Export Authority</name>
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          <isin value="US011903FT31"/>
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          <maturityDt>2024-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Brainerd MN</name>
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          <maturityDt>2024-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Missoula MT Water System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Matagorda County Navigation District No. 1</name>
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          <isin value="US576528DT71"/>
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          <maturityDt>2029-11-01</maturityDt>
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        <name>County of Wilson TN</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Roanoke Economic Development Authority</name>
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        <name>Columbia School District/MO</name>
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        <name>California Municipal Finance Authority</name>
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        <name>San Francisco County Transportation Authority</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>Montgomery County Industrial Development Authority/PA</name>
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        <name>Upper Merion Area School District/PA</name>
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        <name>Menlo Park City School District</name>
        <lei>N/A</lei>
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        <name>Iowa Finance Authority</name>
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        <name>Montgomery County Higher Education &amp; Health Authority</name>
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      <invstOrSec>
        <name>Florida Atlantic University Finance Corp.</name>
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          <isin value="US31200CCX20"/>
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        <name>Portland Community College District</name>
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        <name>Delaware Transportation Authority</name>
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        <name>Florida Higher Educational Facilities Financial Authority</name>
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        <name>Wyandotte County-Kansas City Unified Government</name>
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        <name>University of Colorado</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>University of North Carolina at Charlotte (The)</name>
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        <name>Plainfield High School Building Corp.</name>
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        <name>Virginia Commonwealth Transportation Board</name>
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      <invstOrSec>
        <name>State of Hawaii</name>
        <lei>N/A</lei>
        <title>State of Hawaii</title>
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          <isin value="US419792LK07"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2028-10-01</maturityDt>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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          <isin value="US45506DDN21"/>
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        <curCd>USD</curCd>
        <valUSD>3362760.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Virginia Commonwealth Transportation Board</name>
        <lei>N/A</lei>
        <title>Virginia Commonwealth Transportation Board, Federal Transportation</title>
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          <isin value="US92778UAT79"/>
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        <valUSD>55106.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pleasanton Unified School District</name>
        <lei>N/A</lei>
        <title>Pleasanton Unified School District, Election of 2016</title>
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          <isin value="US728835B732"/>
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        <curCd>USD</curCd>
        <valUSD>26213.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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          <isin value="US79574CCC55"/>
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        <curCd>USD</curCd>
        <valUSD>8753920.00000000</valUSD>
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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>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Gainesville &amp; Hall County Hospital Authority</name>
        <lei>N/A</lei>
        <title>Gainesville and Hall County Hospital Authority, Northeast Georgia Health System, Inc. Project</title>
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          <isin value="US362762LK05"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Florida Department of Education</name>
        <lei>N/A</lei>
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          <isin value="US34161CDR51"/>
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        <curCd>USD</curCd>
        <valUSD>1204293.00000000</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>2024-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Edmonds WA</name>
        <lei>N/A</lei>
        <title>City of Edmonds, Civic Park Improvements</title>
        <cusip>281137MC0</cusip>
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          <isin value="US281137MC04"/>
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        <balance>170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>224537.70000000</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>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lexington County Health Services District, Inc.</name>
        <lei>N/A</lei>
        <title>Lexington County Health Services District, Inc., Hospital, LexMed Obligated Group</title>
        <cusip>529050ER3</cusip>
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          <isin value="US529050ER36"/>
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        <curCd>USD</curCd>
        <valUSD>871732.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Escambia FL</name>
        <lei>N/A</lei>
        <title>County of Escambia, Pollution Control, Gulf Power Company Project</title>
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          <isin value="US296130CG07"/>
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        <balance>6500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6792695.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.60000000</annualizedRt>
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      <invstOrSec>
        <name>Texas State University System</name>
        <lei>N/A</lei>
        <title>Texas State University, Financing System</title>
        <cusip>88278PME1</cusip>
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          <isin value="US88278PME15"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Springfield IL Electric Revenue</name>
        <lei>N/A</lei>
        <title>City of Springfield, Senior Lien Electric</title>
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          <isin value="US850578TK13"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Scottsdale Municipal Property Corp.</name>
        <lei>N/A</lei>
        <title>Scottsdale Municipal Property Corp., Excise Tax</title>
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          <isin value="US810489JS43"/>
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        <balance>1570000.00000000</balance>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>FYI Properties</name>
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          <isin value="US302716BQ79"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Educational Facilities Authority</name>
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        <name>Nebraska Educational Health Cultural &amp; Social Services Finance Authority</name>
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        <name>Palm Beach County School District</name>
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        <title>Palm Beach County School District</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Montgomery County Higher Education &amp; Health Authority</name>
        <lei>N/A</lei>
        <title>Montgomery County Higher Education and Health Authority, Arcadia University</title>
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          <isin value="US613603C987"/>
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      <invstOrSec>
        <name>University of Delaware</name>
        <lei>KPIOJCFMR70NWLS6O145</lei>
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          <isin value="US914245CM58"/>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Iowa Finance Authority</name>
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          <isin value="US46246K3A83"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Commonwealth of Massachusetts</name>
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          <isin value="US57582RED44"/>
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        <curCd>USD</curCd>
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        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Utah Infrastructure Agency</name>
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          <isin value="US917467AS17"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1225170.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
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          <maturityDt>2023-04-01</maturityDt>
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      <invstOrSec>
        <name>County of Charles MD</name>
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          <isin value="US159808HM96"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Commonwealth of Massachusetts</name>
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          <isin value="US57582RMP81"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>State of Wisconsin</name>
        <lei>549300VTAT608CNZ5827</lei>
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          <isin value="US977100GR19"/>
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        <balance>7200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9230256.00000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Columbus GA Water &amp; Sewerage Revenue</name>
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          <maturityDt>2037-11-15</maturityDt>
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        <name>Polk County School District</name>
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        <name>Hutchinson Independent School District No. 423</name>
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        <name>Colorado Health Facilities Authority</name>
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        <name>County of Anne Arundel MD</name>
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        <name>State of Minnesota</name>
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        <title>State of Minnesota, Various Purpose</title>
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        <name>Utah Water Finance Agency</name>
        <lei>5493008FZQW2WEDN4040</lei>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>DuBois Hospital Authority</name>
        <lei>N/A</lei>
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        <name>County of Warren OH</name>
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        <name>Albuquerque Municipal School District No. 12</name>
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        <name>California Health Facilities Financing Authority</name>
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        <name>Buckeye Tobacco Settlement Financing Authority</name>
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        <name>New York City Water &amp; Sewer System</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Commonwealth of Pennsylvania</name>
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        <name>Duluth Independent School District No. 709</name>
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        <name>JEA Electric System Revenue</name>
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      <invstOrSec>
        <name>State of Colorado Department of Transportation</name>
        <lei>N/A</lei>
        <title>Colorado Department of Transportation Headquarters Facilities</title>
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        <curCd>USD</curCd>
        <valUSD>1812090.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Sales Tax Asset Receivable Corp.</name>
        <lei>N/A</lei>
        <title>Sales Tax Asset Receivable Corp., Fiscal Year 2015</title>
        <cusip>794665FT1</cusip>
        <identifiers>
          <isin value="US794665FT14"/>
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        <curCd>USD</curCd>
        <valUSD>14798375.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Chester County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Chester County Industrial Development Authority, Longwood Gardens Project</title>
        <cusip>165588EF7</cusip>
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          <isin value="US165588EF75"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>523280.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Commonwealth of Massachusetts</name>
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        <title>Massachusetts State Construction</title>
        <cusip>57582RGL4</cusip>
        <identifiers>
          <isin value="US57582RGL42"/>
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        <balance>2250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2623905.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Santa Rosa CA Wastewater Revenue</name>
        <lei>N/A</lei>
        <title>City of Santa Rosa, Wastewater, Capital Appreciation</title>
        <cusip>802649NY5</cusip>
        <identifiers>
          <isin value="US802649NY50"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4828500.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Virginia Commonwealth Transportation Board</name>
        <lei>N/A</lei>
        <title>Virginia Commonwealth Transportation Board, Capital Projects</title>
        <cusip>927793D63</cusip>
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          <isin value="US927793D639"/>
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        <balance>2750000.00000000</balance>
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        <valUSD>3576622.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Mississippi</name>
        <lei>549300JRWW5RFQUB7P94</lei>
        <title>State of Mississippi</title>
        <cusip>605581KX4</cusip>
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          <isin value="US605581KX44"/>
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        <balance>2750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3464505.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Maryland</name>
        <lei>N/A</lei>
        <title>State of Maryland, State and Local Facilities Loan of 2017</title>
        <cusip>574193PC6</cusip>
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          <isin value="US574193PC67"/>
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        <balance>3120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3692426.40000000</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>2024-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Onslow NC</name>
        <lei>N/A</lei>
        <title>County of Onslow</title>
        <cusip>68285TEF2</cusip>
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          <isin value="US68285TEF21"/>
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        <balance>450000.00000000</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>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Washington Health Care Facilities Authority</name>
        <lei>549300ZVPWQIL3N5TL85</lei>
        <title>Washington Health Care Facilities Authority, Commonspirit Health</title>
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        <balance>750000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Commonwealth Financing Authority</name>
        <lei>N/A</lei>
        <title>Commonwealth Financing Authority, Tobacco Master Settlement Payment</title>
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          <isin value="US20282EAG17"/>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Main Street Natural Gas, Inc.</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
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          <isin value="US56036YDC66"/>
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        <balance>1475000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Michigan Trunk Line Revenue</name>
        <lei>N/A</lei>
        <title>State of Michigan, Trunk Line Fund</title>
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          <maturityDt>2027-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Pennsylvania Turnpike Commission</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania Turnpike Commission</title>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Omaha Public Power District</name>
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      <invstOrSec>
        <name>Town of Trumbull CT</name>
        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2025-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Memphis TN</name>
        <lei>549300J2762HBWE6MQ22</lei>
        <title>City of Memphis, General Improvement</title>
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          <isin value="US586145WZ31"/>
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        <balance>4005000.00000000</balance>
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        <valUSD>4060429.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Port of Seattle WA</name>
        <lei>549300T9UCDUJ3GZL429</lei>
        <title>Port of Seattle, Intermediate Lien, Series 2015B</title>
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        <name>Erie County Industrial Development Agency (The)</name>
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        <name>Kane County School District No. 131 Aurora East Side</name>
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        <name>Greeneville Health &amp; Educational Facilities Board</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>Kentucky Economic Development Finance Authority</name>
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        <name>Duluth Independent School District No. 709</name>
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        <name>Berks County Municipal Authority (The)</name>
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        <name>Colorado Health Facilities Authority</name>
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        <name>Arizona Water Infrastructure Finance Authority</name>
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        <name>New York State Dormitory Authority</name>
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        <name>State of Maryland</name>
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          <maturityDt>2021-03-01</maturityDt>
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        <name>Kasson &amp; Mantorville Independent School District No. 204</name>
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        <name>Los Angeles Unified School District/CA</name>
        <lei>N/A</lei>
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          <maturityDt>2024-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Port of Seattle WA</name>
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        <name>University of Arizona (The)</name>
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        <name>Washington Metropolitan Area Transit Authority</name>
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        <name>State of Maryland</name>
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      </invstOrSec>
      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
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          <isin value="US64971XFU72"/>
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      <invstOrSec>
        <name>Metropolitan St. Louis Sewer District</name>
        <lei>N/A</lei>
        <title>Metropolitan St. Louis Sewer District Wastewater System Improvement</title>
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          <isin value="US592481GX74"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>JEA Electric System Revenue</name>
        <lei>N/A</lei>
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        <cusip>46613SNZ9</cusip>
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          <isin value="US46613SNZ91"/>
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        <valUSD>2444899.20000000</valUSD>
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          <maturityDt>2027-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Allegheny County Hospital Development Authority</name>
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          <isin value="US01728A3N48"/>
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        <valUSD>9055480.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Maryland</name>
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          <isin value="US574193NN41"/>
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        <valUSD>2437574.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Chester County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Chester County Industrial Development Authority, Longwood Gardens Project</title>
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          <isin value="US165588EJ97"/>
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        <valUSD>583137.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>North Texas Municipal Water District</name>
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          <isin value="US662835YX92"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>West Harris County Regional Water Authority</name>
        <lei>N/A</lei>
        <title>West Harris County Regional Water Authority</title>
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          <isin value="US95308RRC50"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Oklahoma County Finance Authority</name>
        <lei>549300KPR05JUN0F1289</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Duluth Independent School District No. 709</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Birmingham-Jefferson Civic Center Authority</name>
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        <title>Birmingham-Jefferson Civic Center Authority</title>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Washington</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Arizona Industrial Development Authority</name>
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        <name>New York Convention Center Development Corp.</name>
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        <name>Spartanburg County School District No. 7</name>
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        <name>Will County Community Unit School District No. 365 Valley View</name>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Orange County Funding Corp.</name>
        <lei>N/A</lei>
        <title>Orange County Funding Corp., Mount Saint Mary College Project, Series 2012B</title>
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          <isin value="US684594BE30"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>County of Clark NV</name>
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        <title>Clark County, Stadium Improvement</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tennessee Energy Acquisition Corp.</name>
        <lei>549300OJ2Z8PGEY46K92</lei>
        <title>Tennessee Energy Acquisition Corp., Gas Project</title>
        <cusip>880443JE7</cusip>
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          <isin value="US880443JE70"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Local Building Authority of Alpine School District</name>
        <lei>N/A</lei>
        <title>Local Building Authority of Alpine School District</title>
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          <isin value="US02108TAF03"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>90497.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Harris County-Houston Sports Authority</name>
        <lei>N/A</lei>
        <title>Harris County-Houston Sports Authority, Series 2014B</title>
        <cusip>413890CU6</cusip>
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          <isin value="US413890CU67"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10276.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kentucky Economic Development Finance Authority</name>
        <lei>N/A</lei>
        <title>Kentucky Economic Development Finance Authority, Baptist Healthcare System Obligated Group</title>
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          <isin value="US49126KKN09"/>
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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>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Louisiana Public Facilities Authority</name>
        <lei>549300RQIPT5S4P4M065</lei>
        <title>Louisiana Public Facilities Authority, Tulane University Project, Series 2016A</title>
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          <isin value="US5463986C72"/>
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        <balance>160000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Washington Health Care Facilities Authority</name>
        <lei>549300ZVPWQIL3N5TL85</lei>
        <title>Washington Health Care Facilities Authority</title>
        <cusip>93978HCV5</cusip>
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          <isin value="US93978HCV50"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10234.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>San Antonio Water System</name>
        <lei>549300S7VENCVRZAA322</lei>
        <title>San Antonio Water System, Junior Lien</title>
        <cusip>79642B3V3</cusip>
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          <isin value="US79642B3V38"/>
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        <balance>1125000.00000000</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>2031-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Connecticut</name>
        <lei>5493007GRO6CU0IKP741</lei>
        <title>State of Connecticut</title>
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          <isin value="US20772KFY01"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5249440.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, Goshen Health</title>
        <cusip>45471ASU7</cusip>
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          <isin value="US45471ASU78"/>
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        <balance>760000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Jefferson County Kentucky Capital Projects Corp.</name>
        <lei>N/A</lei>
        <title>Jefferson County Capital Projects Corp.</title>
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          <isin value="US473020LS26"/>
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        <balance>1000000.00000000</balance>
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          <maturityDt>2022-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <name>Washington Convention &amp; Sports Authority</name>
        <lei>N/A</lei>
        <title>Washington Convention and Sports Authority, Series 2018A</title>
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          <isin value="US93878LBS51"/>
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        <balance>1750000.00000000</balance>
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        <assetCat>DBT</assetCat>
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          <maturityDt>2025-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
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        <balance>10000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>Black Belt Energy Gas District</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>Black Belt Energy Gas District, Gas Prepay, Series 2018A</title>
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          <isin value="US09182RAF82"/>
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        <balance>5500000.00000000</balance>
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        <valUSD>6058800.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>County of Cuyahoga OH</name>
        <lei>549300GHDK9DGLUNJU89</lei>
        <title>County of Cuyahoga, Sports Facilities Improvement Project</title>
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        <balance>500000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Chattanooga Health Educational &amp; Housing Facility Board</name>
        <lei>N/A</lei>
        <title>Chattanooga Health Educational &amp; Housing Facility Board, CommonSpirit Health</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>2032-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>San Juan Unified School District</name>
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        <name>Massachusetts Health &amp; Educational Facilities Authority</name>
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        <name>University of Cincinnati</name>
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        <name>California Infrastructure &amp; Economic Development Bank</name>
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        <name>Kane County School District No. 131 Aurora East Side</name>
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        <name>West Harris County Regional Water Authority</name>
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        <name>New York State Dormitory Authority</name>
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        <name>State of Georgia</name>
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        <name>California Health Facilities Financing Authority</name>
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        <name>City of Atlanta GA Water &amp; Wastewater Revenue</name>
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        <name>Arizona Industrial Development Authority</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Ohio Higher Educational Facility Commission</name>
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        <name>Bowling Green State University</name>
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        <name>Colorado Health Facilities Authority</name>
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        <name>Kentucky State Property &amp; Building Commission</name>
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        <name>Tobacco Settlement Financing Corp.</name>
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        <name>Portland Community College District</name>
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        <name>Berks County Municipal Authority (The)</name>
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        <name>Gallatin County School District No. 44 Belgrade</name>
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        <name>Yamhill County School District No. 40 McMinnville</name>
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      <invstOrSec>
        <name>New York Convention Center Development Corp.</name>
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        <name>Public Finance Authority</name>
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        <name>Benton County School District No. 17 Kennewick</name>
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        <name>Mississippi Development Bank</name>
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        <name>City of Chicago IL Wastewater Transmission Revenue</name>
        <lei>N/A</lei>
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          <maturityDt>2022-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Berks County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Berks County Industrial Development Authority, Tower Health Project</title>
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        <name>Bowling Green State University</name>
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        <title>Bowling Green State University</title>
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        <name>West Harris County Regional Water Authority</name>
        <lei>N/A</lei>
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        <name>Arizona State University</name>
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        <name>American Municipal Power, Inc.</name>
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        <name>City of Houston TX</name>
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        <name>California Educational Facilities Authority</name>
        <lei>N/A</lei>
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        <name>Murrieta Valley Unified School District</name>
        <lei>N/A</lei>
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        <name>Kane County School District No. 131 Aurora East Side</name>
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        <name>Permanent University Fund - Texas A&amp;M University System</name>
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        <name>County of Bucks PA</name>
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        <name>West Harris County Regional Water Authority</name>
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        <name>City of Aurora CO Water Revenue</name>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
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        <name>State of Hawaii</name>
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        <name>Los Angeles Community College District/CA</name>
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        <name>City of Missoula MT Water System Revenue</name>
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        <name>Oklahoma County Finance Authority</name>
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        <name>City of Chicago IL Motor Fuel Tax Revenue</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Maine Health &amp; Higher Educational Facilities Authority</name>
        <lei>N/A</lei>
        <title>Maine Health &amp; Higher Educational Facilities Authority</title>
        <cusip>56042RST0</cusip>
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          <isin value="US56042RST04"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15203.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-01</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Utility Debt Securitization Authority</name>
        <lei>N/A</lei>
        <title>Utility Debt Securitization Authority, Series 2013TE</title>
        <cusip>91802RAQ2</cusip>
        <identifiers>
          <isin value="US91802RAQ20"/>
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        <balance>4250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4880785.00000000</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>2041-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>State of Maryland</name>
        <lei>N/A</lei>
        <title>State of Maryland, State and Local Facilities Loan of 2015, Series 2015A</title>
        <cusip>574193MC9</cusip>
        <identifiers>
          <isin value="US574193MC94"/>
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        <balance>505000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>577144.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>N/A</lei>
        <title>California Municipal Finance Authority, Linxs Apartments Project, Senior Lien, Series 2018A</title>
        <cusip>13048VBZ0</cusip>
        <identifiers>
          <isin value="US13048VBZ04"/>
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        <balance>4555000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5043068.25000000</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>2035-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</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>Metropolitan St. Louis Sewer District</name>
        <lei>N/A</lei>
        <title>Metropolitan St. Louis Sewer District Wastewater System Improvement</title>
        <cusip>592481HG3</cusip>
        <identifiers>
          <isin value="US592481HG33"/>
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        <balance>2125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2565767.50000000</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>2035-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Will County Forest Preserve District</name>
        <lei>N/A</lei>
        <title>Will County Forest Preserve District</title>
        <cusip>968661HV3</cusip>
        <identifiers>
          <isin value="US968661HV38"/>
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        <balance>915000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1187038.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-15</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>North Texas Municipal Water District Water System Revenue</name>
        <lei>N/A</lei>
        <title>North Texas Municipal Water District, Water System</title>
        <cusip>662903QW6</cusip>
        <identifiers>
          <isin value="US662903QW66"/>
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        <balance>2900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3661598.00000000</valUSD>
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        <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>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>California State Public Works Board</name>
        <lei>N/A</lei>
        <title>California State Public Works Board, Department of General Services, Series F</title>
        <cusip>13068LVN2</cusip>
        <identifiers>
          <isin value="US13068LVN27"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6024750.00000000</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>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Maricopa County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Maricopa County Industrial Development Authority, HonorHealth, Series 2019A</title>
        <cusip>56678PAM9</cusip>
        <identifiers>
          <isin value="US56678PAM95"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1271490.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Michigan</name>
        <lei>N/A</lei>
        <title>State of Michigan</title>
        <cusip>594612BR3</cusip>
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          <isin value="US594612BR34"/>
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        <balance>4300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5123063.00000000</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>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Adams 12 Five Star Schools</name>
        <lei>N/A</lei>
        <title>Adams 12 Five Star Schools, The City and County of Broomfield</title>
        <cusip>006449HL9</cusip>
        <identifiers>
          <isin value="US006449HL95"/>
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        <balance>625000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>849212.50000000</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>2032-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Spartanburg SC Water System Revenue</name>
        <lei>N/A</lei>
        <title>City of Spartanburg, Water System</title>
        <cusip>847184UT3</cusip>
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          <isin value="US847184UT39"/>
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        <balance>480000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>606816.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FYI Properties</name>
        <lei>N/A</lei>
        <title>FYI Properties, State of Washington District Project - Green Bonds</title>
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          <isin value="US302716BL82"/>
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        <valUSD>300452.20000000</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>2032-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Clark NV</name>
        <lei>549300LDD8NZB2EOVG83</lei>
        <title>Clark County, Stadium Improvement</title>
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          <isin value="US180848WY59"/>
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        <balance>4030000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Michigan Finance Authority</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority, Bronson Healthcare Group, Inc.</title>
        <cusip>59447TWZ2</cusip>
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          <isin value="US59447TWZ29"/>
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        <balance>21000000.00000000</balance>
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        <valUSD>23984520.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.75000100</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Evansville Waterworks District</name>
        <lei>N/A</lei>
        <title>City of Evansville, Waterworks District, Series 2014B</title>
        <cusip>299488CW4</cusip>
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          <isin value="US299488CW41"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>349407.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Sales Tax Securitization Corp.</name>
        <lei>N/A</lei>
        <title>Sales Tax Securitization Corp.</title>
        <cusip>79467BCX1</cusip>
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          <isin value="US79467BCX10"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2604980.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Metropolitan Nashville Airport Authority (The)</name>
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        <name>North Branch Area Schools</name>
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        <name>Riverside County Transportation Commission</name>
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      <invstOrSec>
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          <maturityDt>2031-08-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Michigan Finance Authority</name>
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          <maturityDt>2031-12-01</maturityDt>
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        <name>Elkhorn School District</name>
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        <name>County of Warren OH</name>
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          <maturityDt>2028-07-01</maturityDt>
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        <name>Coastal Water Authority</name>
        <lei>N/A</lei>
        <title>Coastal Water Authority, City of Houston Projects</title>
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        <name>Los Angeles Unified School District/CA</name>
        <lei>N/A</lei>
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        <name>City of Austin TX</name>
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        <name>Indiana Bond Bank</name>
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        <name>Colorado Health Facilities Authority</name>
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        <name>Lancaster Port Authority</name>
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        <name>Lewisville Independent School District</name>
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        <name>Northern Arizona University</name>
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        <name>Yorktown Redevelopment Authority</name>
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        <name>New Jersey Educational Facilities Authority</name>
        <lei>549300UTOO4X537XXG70</lei>
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        <name>Missouri State Environmental Improvement &amp; Energy Resources Authority</name>
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        <name>Pittsburgh Water &amp; Sewer Authority</name>
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        <name>Gallatin County School District No. 44 Belgrade</name>
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        <name>Southeast Alabama Gas Supply District (The)</name>
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        <name>North Carolina Medical Care Commission</name>
        <lei>549300FH6KOXGCHQYG81</lei>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>2.54999900</annualizedRt>
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      <invstOrSec>
        <name>Chula Vista Municipal Financing Authority</name>
        <lei>N/A</lei>
        <title>Chula Vista Municipal Financing Authority</title>
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          <isin value="US17132EBA10"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Long Beach Community College District</name>
        <lei>N/A</lei>
        <title>Long Beach Community College District, Election of 2002, Capital Appreciation</title>
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          <isin value="US542411DD22"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-05-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York Convention Center Development Corp.</name>
        <lei>N/A</lei>
        <title>New York Convention Center Development Corp., Hotel Unit fee Secured</title>
        <cusip>649451CQ2</cusip>
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          <isin value="US649451CQ22"/>
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        <balance>4360000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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          <isin value="US66285WGS98"/>
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        <valUSD>1069220.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>Los Angeles Department of Water &amp; Power Power System Revenue</name>
        <lei>549300S8NXV6YU61GG95</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>City of Houston TX Combined Utility System Revenue</name>
        <lei>N/A</lei>
        <title>City of Houston, Combined Utility System, Junior Lien</title>
        <cusip>4424362G5</cusip>
        <identifiers>
          <isin value="US4424362G59"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3090740.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Arizona Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority, Great Lakes Senior Living Communities LLC Project</title>
        <cusip>04052TAS4</cusip>
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          <isin value="US04052TAS42"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>598080.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Cupertino Union School District</name>
        <lei>N/A</lei>
        <title>Cupertino Union School District, Election of 2001</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Connecticut Special Tax Revenue</name>
        <lei>N/A</lei>
        <title>State of Connecticut, Special Tax Transportation Infrastructure Purposes</title>
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        <name>Kane County School District No. 131 Aurora East Side</name>
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          <maturityDt>2033-12-01</maturityDt>
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        <name>County of Warren OH</name>
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        <name>Tacoma Metropolitan Park District</name>
        <lei>N/A</lei>
        <title>Tacoma Metropolitan Park District</title>
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          <isin value="US592240VS17"/>
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        <name>City &amp; County of Honolulu HI</name>
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        <name>Virginia College Building Authority</name>
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        <name>City of Chicago IL Waterworks Revenue</name>
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        <name>San Diego Unified School District/CA</name>
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      <invstOrSec>
        <name>Utility Debt Securitization Authority</name>
        <lei>N/A</lei>
        <title>Utility Debt Securitization Authority</title>
        <cusip>91802RAH2</cusip>
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        <name>Indiana Bond Bank</name>
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        <name>Indiana Finance Authority</name>
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        <name>Nebraska Educational Health Cultural &amp; Social Services Finance Authority</name>
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      <invstOrSec>
        <name>Washington Health Care Facilities Authority</name>
        <lei>549300ZVPWQIL3N5TL85</lei>
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          <isin value="US93978HWB76"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lansing Board of Water &amp; Light</name>
        <lei>N/A</lei>
        <title>Lansing Board of Water and Light, Utility Systems</title>
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          <isin value="US516391AM14"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Mesa AZ Utility System Revenue</name>
        <lei>549300L1QYAKFHSIGE94</lei>
        <title>City of Mesa, Utility System</title>
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          <isin value="US590545NQ80"/>
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        <curCd>USD</curCd>
        <valUSD>3041520.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Georgia Higher Education Facilities Authority</name>
        <lei>N/A</lei>
        <title>Georgia Higher Education Facilities Authority USG Real Estate Foundation II LLC Projects</title>
        <cusip>373511HQ0</cusip>
        <identifiers>
          <isin value="US373511HQ06"/>
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        <curCd>USD</curCd>
        <valUSD>619565.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Industrial Development Authority of the City of Phoenix (The)</name>
        <lei>549300A62PWFBDWB8332</lei>
        <title>Industrial Development Authority of The City of Phoenix, Downtown Phoenix Student Housing LLC - Arizona State University Project, Series 2018A</title>
        <cusip>71885DCT7</cusip>
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          <isin value="US71885DCT72"/>
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        <curCd>USD</curCd>
        <valUSD>884331.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Washington Health Care Facilities Authority</name>
        <lei>549300ZVPWQIL3N5TL85</lei>
        <title>Washington Health Care Facilities Authority, Commonspirit Health</title>
        <cusip>93978HVK8</cusip>
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          <isin value="US93978HVK84"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Erie City Water Authority</name>
        <lei>N/A</lei>
        <title>Erie City Water Authority, Series B</title>
        <cusip>295542QA5</cusip>
        <identifiers>
          <isin value="US295542QA50"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1050040.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Massachusetts Bay Transportation Authority</name>
        <lei>549300D2U0XBUXGX8P68</lei>
        <title>Massachusetts Bay Transportation Authority, Sales Tax</title>
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          <isin value="US575579KX43"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6444.25000000</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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of DeKalb GA Water &amp; Sewerage Revenue</name>
        <lei>54930077BXREPE6WKC96</lei>
        <title>County of DeKalb, Water and Sewerage, Series B</title>
        <cusip>240523UJ7</cusip>
        <identifiers>
          <isin value="US240523UJ70"/>
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        <balance>5500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7032960.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Puerto Rico Public Finance Corp.</name>
        <lei>N/A</lei>
        <title>Puerto Rico Public Finance Corp.</title>
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          <isin value="US745291TM68"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>American Municipal Power, Inc.</name>
        <lei>EARKGGZJJEMVD66XQ486</lei>
        <title>American Municipal Power, Inc., Green Bonds, Series 2019A</title>
        <cusip>02765MAE2</cusip>
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          <isin value="US02765MAE21"/>
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        <balance>225000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Cook IL Sales Tax Revenue</name>
        <lei>5493004UMR7OX4YITE10</lei>
        <title>County of Cook</title>
        <cusip>213248BT3</cusip>
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          <isin value="US213248BT31"/>
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        <balance>3600000.00000000</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>2031-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Frisco TX</name>
        <lei>N/A</lei>
        <title>Counties of Collin and Denton, City of Frisco, Improvement</title>
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          <isin value="US3587753Z58"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Barrow County School District</name>
        <lei>N/A</lei>
        <title>Barrow County School District</title>
        <cusip>068746HW9</cusip>
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          <isin value="US068746HW92"/>
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        <name>Los Angeles Department of Water &amp; Power Power System Revenue</name>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Arizona Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority, Great Lakes Senior Living Communities LLC Project</title>
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          <isin value="US04052TAF21"/>
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        <invCountry>US</invCountry>
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        <debtSec>
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        <name>State of Texas</name>
        <lei>549300X9CH74QB747L76</lei>
        <title>State of Texas, Transportation Commission Mobility, Series 2017B</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>City of Shreveport LA Water &amp; Sewer Revenue</name>
        <lei>N/A</lei>
        <title>City of Shreveport, Water and Sewer, Junior Lien, Series 2018C</title>
        <cusip>825485WF8</cusip>
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        <name>Indiana Finance Authority</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>Maricopa County Unified School District No. 95 Queen Creek</name>
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        <name>Metropolitan St. Louis Sewer District</name>
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        <name>Mississippi Development Bank</name>
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      <invstOrSec>
        <name>Castaic Lake Water Agency</name>
        <lei>N/A</lei>
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          <isin value="US14837KAX37"/>
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      <invstOrSec>
        <name>Massachusetts Bay Transportation Authority</name>
        <lei>549300D2U0XBUXGX8P68</lei>
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          <isin value="US575579HJ95"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Upper Merion Area School District/PA</name>
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          <isin value="US915899PH56"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Northern Virginia Transportation Authority</name>
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        <title>Northern Virginia Transportation Authority</title>
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          <isin value="US666045AV16"/>
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        <curCd>USD</curCd>
        <valUSD>2664150.05000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Indianapolis Local Public Improvement Bond Bank</name>
        <lei>549300LX8ESJHDSESB87</lei>
        <title>Indianapolis Local Public Improvement Bond Bank</title>
        <cusip>45528UH38</cusip>
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          <isin value="US45528UH380"/>
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        <balance>1265000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1682766.25000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
        <title>New York State Thruway Authority</title>
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          <isin value="US650009P496"/>
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        <curCd>USD</curCd>
        <valUSD>1589487.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Energy Northwest</name>
        <lei>N/A</lei>
        <title>Energy Northwest, Bonneville Power Administrator, Series 2016-A</title>
        <cusip>29270CR31</cusip>
        <identifiers>
          <isin value="US29270CR311"/>
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        <balance>20020000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25019194.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Alexandria LA Utilities Revenue</name>
        <lei>N/A</lei>
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        <cusip>015086MP3</cusip>
        <identifiers>
          <isin value="US015086MP36"/>
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        <balance>1400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1560300.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Aliso Viejo CA</name>
        <lei>N/A</lei>
        <title>City of Aliso Viejo</title>
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          <isin value="US01639PAY79"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>62976.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Pharr San Juan Alamo Independent School District TX</name>
        <lei>N/A</lei>
        <title>Pharr San Juan Alamo Independent School District</title>
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          <isin value="US717146TZ77"/>
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        <balance>75000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Columbus GA Water &amp; Sewerage Revenue</name>
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          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>University of Michigan</name>
        <lei>N/A</lei>
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          <isin value="US914455PX22"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Georgia Higher Education Facilities Authority</name>
        <lei>N/A</lei>
        <title>Georgia Higher Education Facilities Authority USG Real Estate Foundation II LLC Projects</title>
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          <isin value="US373511HT45"/>
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          <maturityDt>2029-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York Convention Center Development Corp.</name>
        <lei>N/A</lei>
        <title>New York Convention Center Development Corp., Capital Appreciation Subordinated Lien, Hotel Unit fee Secured</title>
        <cusip>649451FR7</cusip>
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          <isin value="US649451FR77"/>
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        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>None</couponKind>
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        <name>District of Columbia</name>
        <lei>549300HWFOZXPKGOX654</lei>
        <title>District of Columbia</title>
        <cusip>25476FQS0</cusip>
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          <isin value="US25476FQS01"/>
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        <name>City of El Paso TX</name>
        <lei>N/A</lei>
        <title>City of El Paso</title>
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          <isin value="US283734S514"/>
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          <maturityDt>2035-08-15</maturityDt>
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      <invstOrSec>
        <name>City of Aurora IL</name>
        <lei>N/A</lei>
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          <isin value="US051645L566"/>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2022-12-30</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Rapid City Area School District No. 51-4/SD</name>
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          <isin value="US753351MF99"/>
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        <name>New York State Environmental Facilities Corp.</name>
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      <invstOrSec>
        <name>Coastal Water Authority</name>
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        <name>New York State Urban Development Corp.</name>
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        <name>University of West Alabama</name>
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        <name>Lehigh County General Purpose Authority</name>
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        <assetCat>STIV</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>Gallatin County School District No. 44 Belgrade</name>
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        <name>Metropolitan Nashville Airport Authority (The)</name>
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        <name>West Harris County Regional Water Authority</name>
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        <name>Tobacco Settlement Financing Corp.</name>
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        <name>Lower Alabama Gas District (The)</name>
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        <name>American Municipal Power, Inc.</name>
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      <invstOrSec>
        <name>Lawrence Public Schools/MI</name>
        <lei>N/A</lei>
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          <isin value="US520264HX36"/>
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          <maturityDt>2026-05-01</maturityDt>
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      <invstOrSec>
        <name>City of Stamford CT Water Pollution Control System &amp; Facility Revenue</name>
        <lei>N/A</lei>
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          <isin value="US852660CA50"/>
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          <maturityDt>2025-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Mississippi Development Bank</name>
        <lei>549300122LOI8CB50V38</lei>
        <title>Mississippi Development Bank</title>
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          <isin value="US60534W5C84"/>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, Goshen Health</title>
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          <isin value="US45471ASX18"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Clark County School District</name>
        <lei>N/A</lei>
        <title>Clark County School District</title>
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          <isin value="US181059WW20"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>District of Columbia</name>
        <lei>549300HWFOZXPKGOX654</lei>
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          <isin value="US25476FSU39"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Mississippi Development Bank</name>
        <lei>549300122LOI8CB50V38</lei>
        <title>Mississippi Development Bank, Rankin County, Mississippi General Obligation Bond Project</title>
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          <isin value="US60534WV211"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Santa Fe Public School District</name>
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        <title>Santa Fe Public School District</title>
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          <maturityDt>2021-08-01</maturityDt>
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        <name>Jordan School District</name>
        <lei>549300UFOPD4ZK3DCM04</lei>
        <title>Jordan School District, School Building</title>
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          <isin value="US480772RJ34"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Maricopa County Elementary School District No. 92-Pendergast Elementary/AZ</name>
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        <name>Commonwealth of Pennsylvania</name>
        <lei>N/A</lei>
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        <name>Farmington Independent School District No. 192</name>
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        <name>Allentown City School District</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>New York Convention Center Development Corp.</name>
        <lei>N/A</lei>
        <title>New York Convention Center Development Corp., Capital Appreciation Subordinated Lien, Hotel Unit fee Secured</title>
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          <maturityDt>2032-11-15</maturityDt>
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        <name>City of Kansas City MO</name>
        <lei>549300EGAE3I3XU7XE19</lei>
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          <maturityDt>2023-02-01</maturityDt>
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      <invstOrSec>
        <name>DuBois Hospital Authority</name>
        <lei>N/A</lei>
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        <name>City of Longmont CO Electric &amp; Broadband Utility Revenue</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <name>Mayes County Independent School District No. 1 Pryor</name>
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      <invstOrSec>
        <name>FYI Properties</name>
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        <name>County of Miami-Dade FL Transit System</name>
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        <name>Peninsula Ports Authority</name>
        <lei>N/A</lei>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Kane County School District No. 131 Aurora East Side</name>
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        <name>Wyandotte County Unified School District No. 203 Piper</name>
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        <name>Indiana Finance Authority</name>
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        <name>City of San Francisco CA Public Utilities Commission Water Revenue</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>Black Belt Energy Gas District</name>
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        <name>Berks County Municipal Authority (The)</name>
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      <invstOrSec>
        <name>Brevard County Health Facilities Authority</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>State of Washington</name>
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      <invstOrSec>
        <name>City of Los Angeles CA Wastewater System Revenue</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>New York Transportation Development Corp.</name>
        <lei>N/A</lei>
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        <cusip>650116CN4</cusip>
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          <isin value="US650116CN46"/>
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          <maturityDt>2034-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Birmingham AL</name>
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          <couponKind>Fixed</couponKind>
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        <name>Long Beach Community College District</name>
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        <name>State of Illinois</name>
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          <maturityDt>2023-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Kentucky State Property &amp; Building Commission</name>
        <lei>N/A</lei>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Linn IA</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Rapid City Area School District No. 51-4/SD</name>
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        <name>Grand Rapids Public Schools</name>
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        <name>King County Fire Protection District No. 2</name>
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        <name>University of California</name>
        <lei>N/A</lei>
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          <isin value="US91412G6T71"/>
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        <name>School District of the City of Erie (The)</name>
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        <name>City of Phoenix Civic Improvement Corp.</name>
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        <name>Health &amp; Educational Facilities Authority of the State of Missouri</name>
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        <name>Lower Colorado River Authority</name>
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        <name>California State University</name>
        <lei>N/A</lei>
        <title>California State University, Systemwide, Series 2017A</title>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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      <invstOrSec>
        <name>Georgia Higher Education Facilities Authority</name>
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        <name>Michigan Strategic Fund</name>
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          <annualizedRt>7.00000000</annualizedRt>
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        <name>City of New York NY</name>
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        <name>State of Maryland Department of Transportation</name>
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        <name>New York State Dormitory Authority</name>
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          <maturityDt>2045-07-01</maturityDt>
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        <name>Public Finance Authority</name>
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        <name>Utility Debt Securitization Authority</name>
        <lei>N/A</lei>
        <title>Utility Debt Securitization Authority</title>
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        <name>City of Phoenix Civic Improvement Corp.</name>
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        <name>Debeque School District No. 49JT</name>
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        <name>Commonwealth Financing Authority</name>
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        <title>Commonwealth Financing Authority, Tobacco Master Settlement Payment</title>
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        <name>City of Burlington VT</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>State of Washington</name>
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        <name>Utah Infrastructure Agency</name>
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        <name>Hamilton Southeastern Consolidated School Building Corp.</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>Mississippi Development Bank</name>
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        <name>New Jersey Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Grapevine-Colleyville Independent School District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Michigan Strategic Fund</name>
        <lei>N/A</lei>
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          <isin value="US594698RE46"/>
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        <curCd>USD</curCd>
        <valUSD>203084.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Maryland</name>
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        <cusip>574193QA9</cusip>
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          <isin value="US574193QA92"/>
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        <valUSD>12491208.75000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Wilkes-Barre Area School District/PA</name>
        <lei>N/A</lei>
        <title>Wilkes-Barre Area School District</title>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>260988.65000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <cusip>89602NWT7</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of El Paso TX</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-08-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Washington Health Care Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Montgomery County Industrial Development Authority/PA</name>
        <lei>N/A</lei>
        <title>Montgomery County Industrial Development Authority, Waverly Heights Ltd. Project</title>
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          <maturityDt>2030-12-01</maturityDt>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <maturityDt>2030-11-01</maturityDt>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <name>West Jordan Municipal Building Authority</name>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <name>City of Scottsdale AZ Water &amp; Sewer Revenue</name>
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        <name>State of North Carolina</name>
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        <name>Utah Infrastructure Agency</name>
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          <maturityDt>2038-11-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Metropolitan Transportation Authority</name>
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        <name>County of Bladen NC</name>
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          <maturityDt>2032-06-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>County of Warren OH</name>
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        <name>City of Tupelo MS</name>
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          <maturityDt>2030-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>City of Grand Rapids MI Sanitary Sewer System Revenue</name>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Dawson Ridge Metropolitan District No. 1</name>
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        <name>Alabama Public School &amp; College Authority</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>University of North Carolina at Charlotte (The)</name>
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        <name>Montgomery County Industrial Development Authority/PA</name>
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        <name>Mississippi Development Bank</name>
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      <invstOrSec>
        <name>Oregon State Lottery</name>
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        <name>Southwestern Community College District</name>
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        <name>Gallatin County School District No. 44 Belgrade</name>
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        <name>Washington Convention &amp; Sports Authority</name>
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        <name>Indiana Finance Authority</name>
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        <name>City of Minneapolis MN</name>
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        <name>Midtown Redevelopment Authority</name>
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        <name>Elkhorn School District</name>
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        <name>City of Grand Rapids MI Sanitary Sewer System Revenue</name>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>Glynn-Brunswick Memorial Hospital Authority</name>
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        <name>City of Newport News VA Water Revenue</name>
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        <name>Brownsburg 1999 School Building Corp.</name>
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        <name>Georgia Higher Education Facilities Authority</name>
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        <name>Kentucky Public Energy Authority</name>
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        <name>Clark County School District</name>
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        <name>City of Dallas TX</name>
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        <name>Lancaster County School District 001</name>
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        <name>University of Delaware</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>Mississippi Development Bank</name>
        <lei>549300122LOI8CB50V38</lei>
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      <invstOrSec>
        <name>Montana Facility Finance Authority</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Washington Convention &amp; Sports Authority</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
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          <isin value="US650009P231"/>
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          <maturityDt>2025-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Minnesota</name>
        <lei>N/A</lei>
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          <isin value="US6041292Q86"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Water Works Board of the City of Birmingham (The)</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Chester County Industrial Development Authority</name>
        <lei>N/A</lei>
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          <isin value="US165588EH32"/>
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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>Chester County Industrial Development Authority</name>
        <lei>N/A</lei>
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          <isin value="US165588EG58"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Scottsdale AZ Water &amp; Sewer Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-07-01</maturityDt>
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        <name>State of Connecticut</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Indiana Bond Bank</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-15</maturityDt>
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        <name>Energy Northwest</name>
        <lei>N/A</lei>
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        <name>District of Columbia</name>
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        <name>Peoria City School District No. 150</name>
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        <name>Clark County School District No. 37 Vancouver</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>Illinois Sports Facilities Authority (The)</name>
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        <name>City of Kansas City MO Sanitary Sewer System Revenue</name>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corp.</name>
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        <name>University of North Carolina at Charlotte (The)</name>
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        <name>Polk School District</name>
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        <name>Minneapolis Special School District No. 1</name>
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        <name>City of Raleigh NC</name>
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        <name>New York Convention Center Development Corp.</name>
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        <name>Albuquerque Municipal School District No. 12</name>
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        <name>Bath Community Schools</name>
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        <name>North Carolina Turnpike Authority</name>
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        <name>Utility Debt Securitization Authority</name>
        <lei>N/A</lei>
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          <maturityDt>2036-12-15</maturityDt>
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        <name>California State University</name>
        <lei>N/A</lei>
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          <isin value="US13077CY405"/>
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        <name>Los Angeles Department of Water &amp; Power Power System Revenue</name>
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        <name>Upper Merion Area School District/PA</name>
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          <maturityDt>2031-01-15</maturityDt>
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        <name>Bowling Green State University</name>
        <lei>N/A</lei>
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        <name>State of California</name>
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        <name>Long Island Power Authority</name>
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        <name>County of Du Page IL</name>
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        <name>Dallas Area Rapid Transit</name>
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        <name>University of West Alabama</name>
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        <name>Montgomery County Industrial Development Authority/PA</name>
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        <name>Pennsylvania Turnpike Commission</name>
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          <maturityDt>2020-12-01</maturityDt>
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        <name>Longview Independent School District</name>
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        <name>City of Missoula MT Water System Revenue</name>
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        <name>Elkhorn School District</name>
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        <name>Suffolk County Economic Development Corp.</name>
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        <name>Bowling Green State University</name>
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        <name>FYI Properties</name>
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        <name>Georgia Higher Education Facilities Authority</name>
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      <invstOrSec>
        <name>Bowling Green State University</name>
        <lei>N/A</lei>
        <title>Bowling Green State University</title>
        <cusip>102885KJ8</cusip>
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          <isin value="US102885KJ84"/>
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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>2033-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Baltimore MD</name>
        <lei>N/A</lei>
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          <maturityDt>2030-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>University of Delaware</name>
        <lei>KPIOJCFMR70NWLS6O145</lei>
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          <isin value="US914245CS29"/>
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        <curCd>USD</curCd>
        <valUSD>1218086.10000000</valUSD>
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        <assetCat>DBT</assetCat>
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          <maturityDt>2043-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Menlo Park City School District</name>
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          <isin value="US586840MN76"/>
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        <curCd>USD</curCd>
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          <maturityDt>2035-07-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Chattanooga Health Educational &amp; Housing Facility Board</name>
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          <isin value="US162410EC46"/>
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          <maturityDt>2031-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tennessee State School Bond Authority</name>
        <lei>N/A</lei>
        <title>Tennessee State School Bond Authority, Series B</title>
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          <isin value="US880558KF77"/>
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        <curCd>USD</curCd>
        <valUSD>4687069.05000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Alaska Industrial Development &amp; Export Authority</name>
        <lei>N/A</lei>
        <title>Alaska Industrial Development and Export Authority, Tanana Chiefs Conference Project</title>
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          <isin value="US011903FV86"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Arkansas</name>
        <lei>N/A</lei>
        <title>State of Arkansas, Federal Highway</title>
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          <isin value="US041042ZF24"/>
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        <curCd>USD</curCd>
        <valUSD>11885.00000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2025-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Florida Higher Educational Facilities Financial Authority</name>
        <lei>N/A</lei>
        <title>Florida Higher Educational Facilities Financial Authority</title>
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          <isin value="US34073TMM61"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2022-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Chicago IL</name>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Commonwealth Financing Authority</name>
        <lei>N/A</lei>
        <title>Commonwealth Financing Authority, Tobacco Master Settlement Payment</title>
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          <isin value="US20282EAF34"/>
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          <maturityDt>2025-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>DuBois Hospital Authority</name>
        <lei>N/A</lei>
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          <isin value="US263804BN53"/>
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        <name>County of Clark NV</name>
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      <invstOrSec>
        <name>New York Convention Center Development Corp.</name>
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      <invstOrSec>
        <name>Oklahoma County Finance Authority</name>
        <lei>549300KPR05JUN0F1289</lei>
        <title>Oklahoma County Finance Authority, Educational Facilities, Lease Midwest City-Del City Public Schools Project</title>
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      <invstOrSec>
        <name>Arizona Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority, Great Lakes Senior Living Communities LLC Project</title>
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          <isin value="US04052TAQ85"/>
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      <invstOrSec>
        <name>University of West Alabama</name>
        <lei>N/A</lei>
        <title>University of West Alabama</title>
        <cusip>915235ED3</cusip>
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          <isin value="US915235ED31"/>
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        <balance>200000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <name>Purdue University</name>
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        <name>Tobacco Settlement Financing Corp.</name>
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      <invstOrSec>
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        <name>Connecticut State Higher Education Supplement Loan Authority</name>
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        <name>Burlington County Bridge Commission</name>
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        <name>New York State Environmental Facilities Corp.</name>
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          <maturityDt>2028-06-15</maturityDt>
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        <name>State of Wisconsin</name>
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        <name>New York State Environmental Facilities Corp.</name>
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        <name>Development Authority of Monroe County (The)</name>
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        <name>Missouri Highway &amp; Transportation Commission</name>
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        <name>Gallatin County School District No. 44 Belgrade</name>
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        <name>University of West Alabama</name>
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        <name>University of Delaware</name>
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        <name>Dallas Independent School District</name>
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        <name>University of South Alabama</name>
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        <name>Kane County Community Unit School District No. 304 Geneva</name>
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        <name>Kane County School District No. 131 Aurora East Side</name>
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        <name>Arizona Industrial Development Authority</name>
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      <invstOrSec>
        <name>Chula Vista Municipal Financing Authority</name>
        <lei>N/A</lei>
        <title>Chula Vista Municipal Financing Authority</title>
        <cusip>17132EAX2</cusip>
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          <isin value="US17132EAX22"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>43710.80000000</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>2022-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>State of Colorado</name>
        <lei>N/A</lei>
        <title>State of Colorado, Series 2018N</title>
        <cusip>19668QKS3</cusip>
        <identifiers>
          <isin value="US19668QKS39"/>
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        <balance>75000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>97587.00000000</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>2028-03-15</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>
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      <invstOrSec>
        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority, Piedmont Community Charter School</title>
        <cusip>74445GAP7</cusip>
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          <isin value="US74445GAP72"/>
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        <balance>390000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>473120.70000000</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>2039-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority System, First Tier, Series 2017A</title>
        <cusip>66285WVS2</cusip>
        <identifiers>
          <isin value="US66285WVS24"/>
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        <balance>1140000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1390332.60000000</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>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Massachusetts Bay Transportation Authority</name>
        <lei>549300D2U0XBUXGX8P68</lei>
        <title>Massachusetts Bay Transportation Authority</title>
        <cusip>575579QE0</cusip>
        <identifiers>
          <isin value="US575579QE08"/>
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        <balance>5000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7415150.00000000</valUSD>
        <pctVal>0.140684302638</pctVal>
        <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>
          <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>Colorado Health Facilities Authority</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority, Commonspirit Health</title>
        <cusip>19648FKM5</cusip>
        <identifiers>
          <isin value="US19648FKM58"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2544260.00000000</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>2035-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kansas Turnpike Authority</name>
        <lei>54930051LZZ6MCTW2979</lei>
        <title>Kansas Turnpike Authority</title>
        <cusip>485512KZ9</cusip>
        <identifiers>
          <isin value="US485512KZ92"/>
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        <balance>3800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3877824.00000000</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>2022-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Alabama Public School &amp; College Authority</name>
        <lei>N/A</lei>
        <title>Alabama Public School and College Authority, Capital Improvement, Series 2014-A</title>
        <cusip>010609AK1</cusip>
        <identifiers>
          <isin value="US010609AK18"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2323440.00000000</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>2024-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lexington County Health Services District, Inc.</name>
        <lei>N/A</lei>
        <title>Lexington County Health Services District, Inc., Hospital, LexMed Obligated Group</title>
        <cusip>529050ES1</cusip>
        <identifiers>
          <isin value="US529050ES19"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>579025.00000000</valUSD>
        <pctVal>0.010985580647</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>Ohio Higher Educational Facility Commission</name>
        <lei>5493007MQT6NGNN6BR81</lei>
        <title>Ohio Higher Educational Facility Commission, University of Dayton Project, Series B</title>
        <cusip>67756DQP4</cusip>
        <identifiers>
          <isin value="US67756DQP41"/>
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        <balance>1105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1425217.95000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Victoria TX</name>
        <lei>N/A</lei>
        <title>City of Victoria, Utility System</title>
        <cusip>926336JX7</cusip>
        <identifiers>
          <isin value="US926336JX78"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>578310.00000000</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>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Victoria TX</name>
        <lei>N/A</lei>
        <title>City of Victoria, Utility System</title>
        <cusip>926336JQ2</cusip>
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          <isin value="US926336JQ28"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>346986.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Urban Redevelopment Authority of Pittsburgh</name>
        <lei>N/A</lei>
        <title>Urban Redevelopment Authority of Pittsburgh, Crawford Square Apartments Project</title>
        <cusip>72530AAL9</cusip>
        <identifiers>
          <isin value="US72530AAL98"/>
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        <balance>4450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4452314.00000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
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          <isin value="US452152P965"/>
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        <balance>16800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20907768.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California State University</name>
        <lei>N/A</lei>
        <title>California State University, Systemwide, Series 2014A</title>
        <cusip>13077CN26</cusip>
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          <isin value="US13077CN267"/>
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        <balance>2285000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2722920.25000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>District of Columbia</name>
        <lei>549300HWFOZXPKGOX654</lei>
        <title>District of Columbia, Kipp DC Project, Series 2017B</title>
        <cusip>25483VTH7</cusip>
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          <isin value="US25483VTH77"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>105971.25000000</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>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Baltimore MD</name>
        <lei>N/A</lei>
        <title>Baltimore County, Metropolitan District</title>
        <cusip>05914FS84</cusip>
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          <isin value="US05914FS842"/>
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        <balance>6125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7971442.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Grand Rapids MI Sanitary Sewer System Revenue</name>
        <lei>N/A</lei>
        <title>City of Grand Rapids, Sanitary Sewer System</title>
        <cusip>386289KS0</cusip>
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          <isin value="US386289KS01"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>400575.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
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        <name>Colorado Health Facilities Authority</name>
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        <name>Rapid City Area School District No. 51-4/SD</name>
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        <name>Montgomery County Higher Education &amp; Health Authority</name>
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      <invstOrSec>
        <name>Western Minnesota Municipal Power Agency</name>
        <lei>N/A</lei>
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          <isin value="US958697JS48"/>
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      <invstOrSec>
        <name>Montgomery County Industrial Development Authority/PA</name>
        <lei>N/A</lei>
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          <isin value="US613609J567"/>
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          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Dublin OH</name>
        <lei>N/A</lei>
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          <isin value="US263713ZR36"/>
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          <maturityDt>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Santa Margarita-Dana Point Authority</name>
        <lei>N/A</lei>
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          <isin value="US802248JW53"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Springfield IL Electric Revenue</name>
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          <isin value="US850578TL95"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Northern Arizona University</name>
        <lei>N/A</lei>
        <title>Northern Arizona University</title>
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          <isin value="US6647547G77"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Sales Tax Securitization Corp.</name>
        <lei>N/A</lei>
        <title>Sales Tax Securitization Corp.</title>
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          <isin value="US79467BCD55"/>
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          <maturityDt>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Kane County School District No. 131 Aurora East Side</name>
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          <isin value="US484008NR44"/>
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        <name>Los Angeles Department of Water &amp; Power Power System Revenue</name>
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        <name>Oklahoma Development Finance Authority</name>
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        <name>Larimer County School District No. R-1 Poudre</name>
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        <name>American Municipal Power, Inc.</name>
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        <name>City of Dallas TX</name>
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        <name>County of Chatham NC</name>
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        <name>Commonwealth Financing Authority</name>
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        <title>Commonwealth Financing Authority, Tobacco Master Settlement Payment</title>
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        <name>Rowland Unified School District</name>
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        <name>Greeneville Health &amp; Educational Facilities Board</name>
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      <invstOrSec>
        <name>City of Stamford CT Water Pollution Control System &amp; Facility Revenue</name>
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        <name>Indiana Bond Bank</name>
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        <name>Itasca County Independent School District No. 318</name>
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        <name>Montgomery County Industrial Development Authority/PA</name>
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        <name>Montgomery County Public Facilities Authority/AL</name>
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        <name>New York Convention Center Development Corp.</name>
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        <name>State of Michigan Trunk Line Revenue</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>Fort Bend County Municipal Utility District No. 25</name>
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        <name>Arizona State University</name>
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        <name>Massachusetts School Building Authority</name>
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      <invstOrSec>
        <name>Golden State Tobacco Securitization Corp.</name>
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        <name>Red Lion Area School District</name>
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        <name>Minneapolis Special School District No. 1</name>
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        <name>Montgomery County Industrial Development Authority/PA</name>
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        <name>Menlo Park City School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Golden State Tobacco Securitization Corp.</name>
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        <name>Utah Infrastructure Agency</name>
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        <name>Georgia Higher Education Facilities Authority</name>
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        <name>Kane County School District No. 131 Aurora East Side</name>
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        <lei>N/A</lei>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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      <invstOrSec>
        <name>FYI Properties</name>
        <lei>N/A</lei>
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          <isin value="US302716BN49"/>
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        <name>Capital Area Finance Authority</name>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Village of Bolingbrook IL</name>
        <lei>N/A</lei>
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        <name>New York State Dormitory Authority</name>
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        <name>County of Douglas MN</name>
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        <name>Lakeview School District/MI</name>
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        <name>Village of Tarrytown NY</name>
        <lei>N/A</lei>
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        <name>State of California</name>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Kentucky Economic Development Finance Authority</name>
        <lei>N/A</lei>
        <title>Kentucky Economic Development Finance Authority, Commonspirit Health</title>
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        <name>City of Minneapolis MN</name>
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        <name>DuBois Hospital Authority</name>
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        <name>West Harris County Regional Water Authority</name>
        <lei>N/A</lei>
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        <name>City of Portland OR Sewer System Revenue</name>
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        <name>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
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      <invstOrSec>
        <name>School District of Maple</name>
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        <name>Georgia Higher Education Facilities Authority</name>
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        <name>University of North Carolina at Charlotte (The)</name>
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        <name>City of Burlington VT</name>
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        <name>Washington Metropolitan Area Transit Authority</name>
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        <name>California State Public Works Board</name>
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        <name>Glynn-Brunswick Memorial Hospital Authority</name>
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        <name>Alaska Industrial Development &amp; Export Authority</name>
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        <name>Village of Bolingbrook IL</name>
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        <name>Indiana Bond Bank</name>
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        <name>Private Colleges &amp; Universities Authority</name>
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        <name>Washington Metropolitan Area Transit Authority</name>
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        <name>Iowa Finance Authority</name>
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          <maturityDt>2026-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Montgomery County Higher Education &amp; Health Authority</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>Montgomery County Public Facilities Authority/AL</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>County of Manatee FL Public Utilities Revenue</name>
        <lei>N/A</lei>
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          <maturityDt>2022-09-01</maturityDt>
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      <invstOrSec>
        <name>Berks County Municipal Authority (The)</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2027-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of New Hope MN</name>
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          <isin value="US64544PFS74"/>
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        <valUSD>12366.90000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lee Memorial Health System</name>
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        <title>Lee Memorial Health System</title>
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          <isin value="US52385LDD82"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mississippi Development Bank</name>
        <lei>549300122LOI8CB50V38</lei>
        <title>Mississippi Development Bank</title>
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          <isin value="US60534W5F16"/>
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        <balance>730000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-03-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>American Municipal Power, Inc.</name>
        <lei>EARKGGZJJEMVD66XQ486</lei>
        <title>American Municipal Power, Inc., Green Bonds, Series 2019A</title>
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          <isin value="US02765MAG78"/>
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        <balance>200000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corp.</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp.</title>
        <cusip>888808GY2</cusip>
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          <isin value="US888808GY22"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Houston Community College System</name>
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        <title>Counties of Harris and Fort Bend, Houston Community College System, Limited Tax</title>
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        <name>North Texas Municipal Water District</name>
        <lei>N/A</lei>
        <title>North Texas Municipal Water District, Upper East Fork Wastewater Interceptor System</title>
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          <maturityDt>2027-06-01</maturityDt>
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        <name>Indiana Finance Authority</name>
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        <title>Indiana Finance Authority, Goshen Health</title>
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          <maturityDt>2031-11-01</maturityDt>
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        <name>North Carolina Medical Care Commission</name>
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        <name>County of Linn IA</name>
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        <name>Illinois State Toll Highway Authority</name>
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        <title>Illinois State Toll Highway Authority</title>
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        <name>Georgia Higher Education Facilities Authority</name>
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        <title>Georgia Higher Education Facilities Authority USG Real Estate Foundation II LLC Projects</title>
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        <name>Huron Valley School District/MI</name>
        <lei>N/A</lei>
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        <name>Virginia Beach Development Authority</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Commonwealth Financing Authority</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Georgia Higher Education Facilities Authority</name>
        <lei>N/A</lei>
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          <isin value="US373511HR88"/>
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      <invstOrSec>
        <name>Buckeye Tobacco Settlement Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US118217CT38"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-06-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Commonwealth of Massachusetts</name>
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          <isin value="US57582RRX60"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Missoula MT Water System Revenue</name>
        <lei>N/A</lei>
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          <maturityDt>2039-07-01</maturityDt>
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        <name>Los Angeles Department of Water &amp; Power Power System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-01</maturityDt>
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      <invstOrSec>
        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
        <lei>549300QMBH1DMY67FZ74</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-12-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Montgomery County Higher Education &amp; Health Authority</name>
        <lei>N/A</lei>
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        <name>State of Washington</name>
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        <name>Southwestern Illinois Development Authority</name>
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        <name>Long Beach Bond Finance Authority</name>
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        <name>Central Dauphin School District</name>
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        <name>Commonwealth of Pennsylvania</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>Texas A&amp;M University</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>New York Convention Center Development Corp.</name>
        <lei>N/A</lei>
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          <maturityDt>2028-11-15</maturityDt>
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        <name>School District of the City of Erie (The)</name>
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        <name>State of North Carolina</name>
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          <maturityDt>2028-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Elkhorn School District</name>
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          <maturityDt>2030-12-15</maturityDt>
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        <name>North Texas Tollway Authority</name>
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          <maturityDt>2027-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Virginia College Building Authority</name>
        <lei>N/A</lei>
        <title>Virginia College Building Authority, Educational Facilities, Washington and Lee University Project</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-01-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Chester County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Chester County Industrial Development Authority, Longwood Gardens Project</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-12-01</maturityDt>
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        <name>Montgomery County Industrial Development Authority/PA</name>
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          <maturityDt>2033-12-01</maturityDt>
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        <name>New York State Dormitory Authority</name>
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        <name>City of Franklin IN</name>
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        <name>New Jersey Economic Development Authority</name>
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        <name>Los Angeles Department of Water &amp; Power Power System Revenue</name>
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        <name>State of Ohio</name>
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      <invstOrSec>
        <name>State of Florida</name>
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      <invstOrSec>
        <name>City of Victoria TX</name>
        <lei>N/A</lei>
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          <isin value="US926336JS83"/>
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          <maturityDt>2029-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Garfield County School District No. 16</name>
        <lei>N/A</lei>
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          <isin value="US36565VEC28"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Salt Lake City UT Public Utilities Revenue</name>
        <lei>N/A</lei>
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          <isin value="US795604AQ05"/>
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        <curCd>USD</curCd>
        <valUSD>12226.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Pima AZ Sewer System Revenue</name>
        <lei>N/A</lei>
        <title>County of Pima, Sewer System</title>
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          <isin value="US721876TJ91"/>
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        <balance>770000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>811780.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, Goshen Health</title>
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          <isin value="US45471ASS23"/>
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        <curCd>USD</curCd>
        <valUSD>678150.90000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Florida</name>
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        <title>Florida State Board of Education, Public Education Capital Outlay</title>
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          <isin value="US34153PUH99"/>
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        <balance>4500000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
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        <title>Florida Development Finance Corp., Imagine School at Broward Project</title>
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          <isin value="US34061UDJ43"/>
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        <balance>265000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Robbinsdale Independent School District No. 281</name>
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        <name>County of Douglas MN</name>
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        <name>Central Plains Energy Project</name>
        <lei>SVQOT7V5CPLIGNP5BE29</lei>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Regional Transportation District Sales Tax Revenue</name>
        <lei>N/A</lei>
        <title>Regional Transportation District Sales Tax</title>
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          <isin value="US759136SB13"/>
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          <maturityDt>2032-11-01</maturityDt>
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        <name>County of Anne Arundel MD</name>
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        <name>West Harris County Regional Water Authority</name>
        <lei>N/A</lei>
        <title>West Harris County Regional Water Authority</title>
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        <name>State of Wisconsin</name>
        <lei>549300VTAT608CNZ5827</lei>
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        <name>City of Grand Rapids MI Sanitary Sewer System Revenue</name>
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        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Montgomery County Industrial Development Authority/PA</name>
        <lei>N/A</lei>
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          <isin value="US613609K219"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New York City Water &amp; Sewer System</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
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          <isin value="US64972GNK66"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Oregon Department of Transportation</name>
        <lei>N/A</lei>
        <title>State of Oregon Department of Transportation</title>
        <cusip>68607DUM5</cusip>
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          <isin value="US68607DUM54"/>
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        <balance>4500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5947875.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Burlington VT</name>
        <lei>N/A</lei>
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        <cusip>122062D82</cusip>
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          <isin value="US122062D822"/>
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        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>394602.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Stamford CT Water Pollution Control System &amp; Facility Revenue</name>
        <lei>N/A</lei>
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          <isin value="US852660BZ11"/>
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        <curCd>USD</curCd>
        <valUSD>114295.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Shreveport LA Water &amp; Sewer Revenue</name>
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          <isin value="US825485WK79"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Judson Independent School District</name>
        <lei>N/A</lei>
        <title>Judson Independent School District, School Building</title>
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          <isin value="US481305EZ90"/>
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        <balance>17665000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19926826.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kane County School District No. 131 Aurora East Side</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US484008PB73"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>139745.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Allegheny County Hospital Development Authority</name>
        <lei>54930046B973R604OG22</lei>
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          <isin value="US01728A4M55"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3845310.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>American Municipal Power, Inc.</name>
        <lei>EARKGGZJJEMVD66XQ486</lei>
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          <isin value="US02765MAH51"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City &amp; County of Honolulu HI</name>
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          <maturityDt>2023-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Missoula MT Water System Revenue</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Erie City Water Authority</name>
        <lei>N/A</lei>
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        <name>N/A</name>
        <lei>N/A</lei>
        <title>U.S. Treasury 10 Year Note</title>
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          <other otherDesc="Inhouse Sedol" value="TYM0COS"/>
          <other otherDesc="Future Ticker" value="TYM0 Comdty"/>
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        <name>School District of the City of Erie (The)</name>
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        <name>Fairfax County Water Authority</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>City of Birmingham AL</name>
        <lei>N/A</lei>
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          <isin value="US09088RH740"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <name>JEA Electric System Revenue</name>
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        <name>Chattanooga Health Educational &amp; Housing Facility Board</name>
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        <name>Allentown City School District</name>
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        <name>Sales Tax Securitization Corp.</name>
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        <name>City of Franklin IN</name>
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        <name>Indiana Bond Bank</name>
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        <name>City of Chicago IL Waterworks Revenue</name>
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        <name>City of Tupelo MS</name>
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          <maturityDt>2025-12-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>San Juan Unified School District</name>
        <lei>N/A</lei>
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        <name>Montgomery County Industrial Development Authority/PA</name>
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        <name>Chester County Industrial Development Authority</name>
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        <name>Oklahoma Turnpike Authority</name>
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        <name>Southwestern Illinois Development Authority</name>
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        <name>Commonwealth Financing Authority</name>
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        <title>Commonwealth Financing Authority, Tobacco Master Settlement Payment</title>
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        <name>Sales Tax Securitization Corp.</name>
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        <title>Sales Tax Securitization Corp.</title>
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        <name>New York State Dormitory Authority</name>
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        <name>Colorado Health Facilities Authority</name>
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        <name>Albuquerque Municipal School District No. 12</name>
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        <name>City of Shreveport LA Water &amp; Sewer Revenue</name>
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        <name>Franklin Special School District</name>
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        <name>Illinois State Toll Highway Authority</name>
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        <name>Rapid City Area School District No. 51-4/SD</name>
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      <invstOrSec>
        <name>City of Madison WI Water Utility Revenue</name>
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      <invstOrSec>
        <name>County of Clark NV</name>
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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>2027-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Nazareth Area School District</name>
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          <isin value="US639438K338"/>
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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>2035-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State Center Community College District</name>
        <lei>N/A</lei>
        <title>Counties of Fresno, Madera, Tulare and Kings, State Center Community College District</title>
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          <isin value="US856597EF29"/>
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        <balance>5450000.00000000</balance>
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        <valUSD>6043341.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Township of Radnor PA</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>11045.90000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
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        <title>New York State Dormitory Authority</title>
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          <isin value="US64990FNF70"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5797500.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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          <isin value="US66285WXA97"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Richland County School District No. 1/SC</name>
        <lei>N/A</lei>
        <title>Richland County School District No. 1</title>
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          <isin value="US763665YM21"/>
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        <valUSD>4735840.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lexington County Health Services District, Inc.</name>
        <lei>N/A</lei>
        <title>Lexington County Health Services District, Inc., Hospital, LexMed Obligated Group</title>
        <cusip>529050EV4</cusip>
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          <isin value="US529050EV48"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>286742.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corp.</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp.</title>
        <cusip>888808HA3</cusip>
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          <isin value="US888808HA37"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4176305.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>N/A</lei>
        <title>California Municipal Finance Authority, Linxs Apartments Project, Senior Lien, Series 2018A</title>
        <cusip>13048VBS6</cusip>
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          <isin value="US13048VBS60"/>
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        <balance>6680000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>Los Angeles Department of Water &amp; Power Power System Revenue</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Metropolitan Nashville Airport Authority (The)</name>
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        <title>Metropolitan Nashville Airport Authority (The)</title>
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          <isin value="US592190NF53"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Centennial Independent School District No. 12</name>
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        <title>Circle Pines Independent School District No. 12, Series 2015A</title>
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          <isin value="US172648MH77"/>
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        <debtSec>
          <maturityDt>2023-02-01</maturityDt>
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        <name>District of Columbia</name>
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        <name>Camden County Public Service Authority</name>
        <lei>N/A</lei>
        <title>Camden County Public Service Authority, City of St. Mary's Project</title>
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      <invstOrSec>
        <name>Texas Municipal Gas Acquisition &amp; Supply Corp. I</name>
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        <name>Chelan County Public Utility District No. 1</name>
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        <name>Lexington County Health Services District, Inc.</name>
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        <name>Duluth Independent School District No. 709</name>
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        <name>Industrial Development Authority of the County of Yavapai (The)</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>Metropolitan Nashville Airport Authority (The)</name>
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        <name>San Joaquin County Transportation Authority</name>
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          <maturityDt>2032-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Main Street Natural Gas, Inc.</name>
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        <invCountry>US</invCountry>
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        <name>State of Washington</name>
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        <name>City of Decatur IL</name>
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        <name>Nazareth Area School District</name>
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        <name>Dallas-Fort Worth International Airport</name>
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        <name>Will County Forest Preserve District</name>
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        <name>City of Chicago IL Waterworks Revenue</name>
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        <name>San Mateo Joint Powers Financing Authority</name>
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        <name>City of New York NY</name>
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        <name>Oregon State Lottery</name>
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      <invstOrSec>
        <name>Cherokee County Board of Education</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pennsylvania Economic Development Financing Authority</name>
        <lei>N/A</lei>
        <title>Pennsylvania Economic Development Financing Authority, Waste Management, Inc. Project</title>
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          <isin value="US708692BC14"/>
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        <valUSD>9136146.25000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>County of DeKalb GA Water &amp; Sewerage Revenue</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New Jersey Economic Development Authority</name>
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        <title>New Jersey Economic Development Authority</title>
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          <isin value="US64577XBA37"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1745460.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>University of Delaware</name>
        <lei>KPIOJCFMR70NWLS6O145</lei>
        <title>University of Delaware</title>
        <cusip>914245CN3</cusip>
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          <isin value="US914245CN32"/>
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        <balance>875000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1143756.25000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>State of Arizona</name>
        <lei>N/A</lei>
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        <balance>4100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5007166.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Oxford School District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-05-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Cherokee County Board of Education</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Public Finance Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-06-15</maturityDt>
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        <name>Kentucky Economic Development Finance Authority</name>
        <lei>N/A</lei>
        <title>Kentucky Economic Development Finance Authority, Owensboro Health, Inc.</title>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Dayton City School District</name>
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          <maturityDt>2029-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Wilkes-Barre Area School District/PA</name>
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          <annualizedRt>3.50000000</annualizedRt>
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        <name>City of Burlington VT</name>
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        <fairValLevel>2</fairValLevel>
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        <assetCat>DBT</assetCat>
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    <signature>
      <ncom:dateSigned>2020-03-30</ncom:dateSigned>
      <ncom:nameOfApplicant>JPMorgan Trust I</ncom:nameOfApplicant>
      <ncom:signature>Timothy J. Clemens</ncom:signature>
      <ncom:signerName>Timothy J. Clemens</ncom:signerName>
      <ncom:title>Treasurer and Principal Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
