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      <invstOrSec>
        <name>Trinity River Authority</name>
        <lei>N/A</lei>
        <title>Trinity River Authority, Walker-Calloway System</title>
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          <isin value="US89657PJD69"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, DePauw University Project</title>
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          <isin value="US45470ECK91"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>District of Columbia</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-04-01</maturityDt>
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      <invstOrSec>
        <name>County of Clark NV</name>
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        <title>County of Clark, Southern California Edison Co.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-01</maturityDt>
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          <annualizedRt>2.10000000</annualizedRt>
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      <invstOrSec>
        <name>N/A</name>
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        <title>USCPI</title>
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          <other otherDesc="Inhouse Asset ID" value="5057419SD"/>
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        <fairValLevel>2</fairValLevel>
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              <counterpartyName>LCH Clearnet</counterpartyName>
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      <invstOrSec>
        <name>Port of Seattle WA</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Akron Bath Copley Joint Township Hospital District</name>
        <lei>N/A</lei>
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          <isin value="US009730QG02"/>
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        <balance>650000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Town of Southington CT</name>
        <lei>N/A</lei>
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          <isin value="US844402E940"/>
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          <maturityDt>2028-06-01</maturityDt>
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        <name>Capital Trust Agency, Inc.</name>
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        <title>Capital Trust Agency, Inc., Sustainability Bonds -The Marie</title>
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          <isin value="US14052WEA18"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Metropolitan Government Nashville &amp; Davidson County Health &amp; Educational Facilities Bonds</name>
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        <name>City of Jacksonville FL</name>
        <lei>549300XQE0JVN9WV0J40</lei>
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        <name>Town of Queen Creek AZ Excise Tax Revenue</name>
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        <name>Golden State Tobacco Securitization Corp.</name>
        <lei>N/A</lei>
        <title>Golden State Tobacco Securitization Corp., Tobacco Settlement Asset-Backed Bonds</title>
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        <name>Indiana Housing &amp; Community Development Authority</name>
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        <name>Avondale School District</name>
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        <name>Ohio Higher Educational Facility Commission</name>
        <lei>5493007MQT6NGNN6BR81</lei>
        <title>Ohio Higher Educational Facility Commission, John Carroll University</title>
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        <invCountry>US</invCountry>
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        <name>County of Morris NJ</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <name>Minnesota Higher Education Facilities Authority</name>
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          <maturityDt>2030-07-01</maturityDt>
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        <name>Illinois Finance Authority</name>
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        <name>Hospital Facilities Authority of Multnomah County Oregon</name>
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        <name>Bucks County Industrial Development Authority</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California Public Finance Authority</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority, Enso Village Project, Series 2021B-2</title>
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          <isin value="US13057GAF63"/>
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          <maturityDt>2028-11-15</maturityDt>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
        <title>New York State Thruway Authority, Series J</title>
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        <identifiers>
          <isin value="US650009B447"/>
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        <curCd>USD</curCd>
        <valUSD>5105.59000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Westchester County Local Development Corp.</name>
        <lei>549300KOSU8OC75V9238</lei>
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          <isin value="US95737TEX00"/>
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        <curCd>USD</curCd>
        <valUSD>2866429.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.20000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bucks County Water and Sewer Authority</name>
        <lei>N/A</lei>
        <title>Bucks County Water and Sewer Authority</title>
        <cusip>118683JV4</cusip>
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          <isin value="US118683JV40"/>
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        <balance>425000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>484904.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Northeast Ohio Medical University</name>
        <lei>N/A</lei>
        <title>Northeast Ohio Medical University, Series 2021A</title>
        <cusip>66433RBC1</cusip>
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          <isin value="US66433RBC16"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>150446.34000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority, First Tier</title>
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          <isin value="US66285WL611"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10020.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Los Angeles Community College District/CA</name>
        <lei>N/A</lei>
        <title>Los Angeles Community College District, Election of 2008, Series G</title>
        <cusip>54438CSH6</cusip>
        <identifiers>
          <isin value="US54438CSH69"/>
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        <balance>145000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>148806.26000000</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>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Massachusetts Development Finance Agency</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>Massachusetts Development Finance Agency, Salem Community Corp.</title>
        <cusip>57584Y2T5</cusip>
        <identifiers>
          <isin value="US57584Y2T50"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>493941.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Hudson Yards Infrastructure Corp.</name>
        <lei>549300EE2HJ67TPURL87</lei>
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        <cusip>44420RAV2</cusip>
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          <isin value="US44420RAV24"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1651071.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>State of California, Various Purpose</title>
        <cusip>13063D2F4</cusip>
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          <isin value="US13063D2F41"/>
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        <balance>5000000.00000000</balance>
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        <valUSD>5955641.50000000</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>2037-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>California Public Finance Authority</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority, Enso Village Project, Series 2021B-3</title>
        <cusip>13057GAG4</cusip>
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          <isin value="US13057GAG47"/>
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        <balance>150000.00000000</balance>
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          <maturityDt>2027-11-15</maturityDt>
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          <annualizedRt>2.12500000</annualizedRt>
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      <invstOrSec>
        <name>Arizona Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority</title>
        <cusip>04052BSX3</cusip>
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          <isin value="US04052BSX37"/>
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        <balance>250000.00000000</balance>
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        <valUSD>249456.80000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>University of North Carolina at Chapel Hill</name>
        <lei>N/A</lei>
        <title>University of North Carolina at Chapel Hill</title>
        <cusip>91471FAW5</cusip>
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          <isin value="US91471FAW59"/>
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          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.19999955</annualizedRt>
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        <name>South Placer Wastewater Authority/CA</name>
        <lei>549300FGO2EDNXECW829</lei>
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        <cusip>839423CE8</cusip>
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          <isin value="US839423CE85"/>
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        <balance>10000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2024-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Industrial Development Authority of the County of Pima (The)</name>
        <lei>549300QDTQ25545R4K19</lei>
        <title>Industrial Development Authority of the County of Pima (The)</title>
        <cusip>72178AAM4</cusip>
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          <isin value="US72178AAM45"/>
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          <maturityDt>2029-11-15</maturityDt>
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      <invstOrSec>
        <name>Northern Illinois University</name>
        <lei>N/A</lei>
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        <cusip>665245YV2</cusip>
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        <invCountry>US</invCountry>
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        <name>Ohio Higher Educational Facility Commission</name>
        <lei>5493007MQT6NGNN6BR81</lei>
        <title>Ohio Higher Educational Facility Commission, Cleveland Institute of Music 2</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Clifton Higher Education Finance Corp.</name>
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        <name>Central Plains Energy Project</name>
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        <name>North Texas Tollway Authority</name>
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        <name>Duluth Economic Development Authority</name>
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        <name>Maricopa County Unified School District No. 69 Paradise Valley</name>
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        <name>Salem Hospital Facility Authority</name>
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        <name>Trinity River Authority</name>
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        <name>Bryan Independent School District</name>
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        <name>Jefferson County School District R-1</name>
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        <name>State of Louisiana</name>
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        <name>Lancaster County School District 001</name>
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        <name>Louisiana Public Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
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              <counterpartyName>LCH Clearnet</counterpartyName>
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      <invstOrSec>
        <name>Spartanburg County Tourist Public Facilities Corp.</name>
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      <invstOrSec>
        <name>Maine Municipal Bond Bank</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
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        <title>California Municipal Finance Authority, Lutheran University</title>
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        <name>New York State Environmental Facilities Corp.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ohio Higher Educational Facility Commission</name>
        <lei>5493007MQT6NGNN6BR81</lei>
        <title>Ohio Higher Educational Facility Commission</title>
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          <isin value="US67756DJ648"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-09-01</maturityDt>
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        <name>Energy Northwest</name>
        <lei>N/A</lei>
        <title>Energy Northwest</title>
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          <isin value="US29270MEL37"/>
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        <name>County of Lancaster PA</name>
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        <name>Indiana Finance Authority</name>
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        <name>Illinois Finance Authority</name>
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        <title>Illinois Finance Authority, Playmouth Place Inc.</title>
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        <name>Clayton County Development Authority</name>
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        <name>Public Finance Authority</name>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <name>Industrial Development Authority of the City of St Louis Missouri (The)</name>
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        <name>Port of Seattle WA</name>
        <lei>549300T9UCDUJ3GZL429</lei>
        <title>Port of Seattle, Intermediate Lien</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2033-03-01</maturityDt>
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        <name>Utah Infrastructure Agency</name>
        <lei>549300WD2FDRNXU16V82</lei>
        <title>Utah Infrastructure Agency</title>
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        <name>Avon Community School Building Corp.</name>
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        <name>Louisiana Public Facilities Authority</name>
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        <name>California Public Finance Authority</name>
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        <name>Conroe Local Government Corp.</name>
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        <name>Camden County Improvement Authority (The)</name>
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      <invstOrSec>
        <name>Allegheny County Higher Education Building Authority</name>
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        <name>Arizona Industrial Development Authority</name>
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          <isin value="US04052BRH95"/>
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        <valUSD>146873.55000000</valUSD>
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          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <name>North Carolina Turnpike Authority</name>
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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>Lee County School District/GA</name>
        <lei>N/A</lei>
        <title>Lee County School District</title>
        <cusip>523552DL8</cusip>
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          <isin value="US523552DL88"/>
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        <curCd>USD</curCd>
        <valUSD>367686.12000000</valUSD>
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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>Clovis Unified School District</name>
        <lei>N/A</lei>
        <title>Clovis Unified School District</title>
        <cusip>189344EQ3</cusip>
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          <isin value="US189344EQ36"/>
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        <curCd>USD</curCd>
        <valUSD>121244.36000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Southeast Energy Authority A Cooperative District</name>
        <lei>25490090A3RLJHITY273</lei>
        <title>Southeast Energy Authority A Cooperative District, Project No. 3</title>
        <cusip>84136FBL0</cusip>
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          <isin value="US84136FBL04"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1088628.70000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.50000080</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>JEA Electric System Revenue</name>
        <lei>N/A</lei>
        <title>JEA Electric System</title>
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          <isin value="US46613SGM61"/>
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        <balance>4000000.00000000</balance>
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        <valUSD>4451513.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-10-01</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>2034-02-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>USCPI</title>
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              <counterpartyName>LCH Clearnet</counterpartyName>
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        <name>Illinois Finance Authority</name>
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        <name>Wildwood Utility Dependent District</name>
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        <name>Northern Illinois University</name>
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        <name>Ohio Water Development Authority</name>
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        <name>North Carolina Capital Facilities Finance Agency</name>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <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>City &amp; County of Denver CO Airport System Revenue</name>
        <lei>N/A</lei>
        <title>City and County of Denver, Airport System</title>
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          <isin value="US249182QU33"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority, Lutheran University</title>
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          <isin value="US13048VDP04"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Environmental Facilities Corp.</name>
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        <title>New York State Environmental Facilities Corp.</title>
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          <isin value="US64985HQ345"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>367240.59000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Minnesota Higher Education Facilities Authority</name>
        <lei>549300DI4V4CIPMX7K35</lei>
        <title>Minnesota Higher Education Facilities Authority, University of St. Thomas</title>
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          <isin value="US60416JEV89"/>
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        <curCd>USD</curCd>
        <valUSD>358845.26000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Trinity River Authority</name>
        <lei>N/A</lei>
        <title>Trinity River Authority, Walker-Calloway System</title>
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          <isin value="US89657PHY25"/>
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        <curCd>USD</curCd>
        <valUSD>295788.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Health &amp; Educational Facilities Authority of the State of Missouri</name>
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        <title>Health &amp; Educational Facilities Authority of the State of Missouri, Lake Regional Health System</title>
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          <isin value="US60637AUQ39"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-02-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Washington Health Care Facilities Authority</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Southeast Energy Authority A Cooperative District</name>
        <lei>25490090A3RLJHITY273</lei>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.99999960</annualizedRt>
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        <name>University of Colorado</name>
        <lei>N/A</lei>
        <title>University of Colorado, Enterprise System, Series 2021C-3B</title>
        <cusip>91417NDA0</cusip>
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          <isin value="US91417NDA00"/>
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          <maturityDt>2051-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.00000160</annualizedRt>
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        <name>Camden County Improvement Authority (The)</name>
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        <title>Camden County Improvement Authority (The), Camden Prep High School Project</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
        <title>New York State Thruway Authority, Junior Lien, Series 2016-A</title>
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          <isin value="US650010AJ09"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Public Finance Authority</name>
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          <maturityDt>2027-06-01</maturityDt>
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        <name>Port of Seattle WA</name>
        <lei>549300T9UCDUJ3GZL429</lei>
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        <name>Stamford Housing Authority</name>
        <lei>N/A</lei>
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          <maturityDt>2027-12-01</maturityDt>
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      <invstOrSec>
        <name>California Health Facilities Financing Authority</name>
        <lei>5493007RI8BUDOGHZ546</lei>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Utah Charter School Finance Authority</name>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
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          <couponKind>Fixed</couponKind>
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        <name>Silver Bow County School District No. 1</name>
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          <isin value="US677522HM92"/>
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          <maturityDt>2025-09-01</maturityDt>
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        <name>Third Creek Metropolitan District No. 1</name>
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          <isin value="US88423EAA10"/>
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        <curCd>USD</curCd>
        <valUSD>716049.18000000</valUSD>
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          <maturityDt>2037-12-01</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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        <name>Butler County Port Authority</name>
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          <maturityDt>2041-05-15</maturityDt>
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        <name>North Texas Tollway Authority</name>
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        <name>California Statewide Communities Development Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Rampart Range Metropolitan District No. 5</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-12-01</maturityDt>
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        <name>Monroe County Water Authority</name>
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        <name>McKinney Independent School District</name>
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        <name>Ohio Higher Educational Facility Commission</name>
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        <name>Ohio Higher Educational Facility Commission</name>
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        <name>Westchester County Local Development Corp.</name>
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      <invstOrSec>
        <name>Long Island Power Authority</name>
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      <invstOrSec>
        <name>Fairview School District</name>
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      <invstOrSec>
        <name>Trinity River Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Metropolitan Nashville Airport Authority (The)</name>
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          <isin value="US592190QT21"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wellsville Central School District/NY</name>
        <lei>N/A</lei>
        <title>Wellsville Central School District</title>
        <cusip>950348FV9</cusip>
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          <isin value="US950348FV96"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Santa Rosa CA Wastewater Revenue</name>
        <lei>N/A</lei>
        <title>City of Santa Rosa, Wastewater, Series B</title>
        <cusip>802649NY5</cusip>
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          <isin value="US802649NY50"/>
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        <balance>4750000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-09-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>City of Phoenix Civic Improvement Corp.</name>
        <lei>N/A</lei>
        <title>City of Phoenix Civic Improvement Corp.</title>
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          <isin value="US71883MNK61"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>University of Central Florida Housing Facility Revenue</name>
        <lei>N/A</lei>
        <title>University of Central Florida Housing Facility</title>
        <cusip>341576CT1</cusip>
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          <isin value="US341576CT15"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lee County Industrial Development Authority/FL</name>
        <lei>N/A</lei>
        <title>Lee County Industrial Development Authority, Health Care Facilities, Series 2022B2</title>
        <cusip>52349EEN6</cusip>
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          <isin value="US52349EEN67"/>
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        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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        <title>Ohio Water Development Authority Water Pollution Control Loan Fund</title>
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          <isin value="US67766WE408"/>
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          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Montana State Board of Regents</name>
        <lei>N/A</lei>
        <title>Montana State Board of Regents, Montana State University</title>
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          <isin value="US61212LRL52"/>
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        <name>Newark Higher Education Finance Corp.</name>
        <lei>N/A</lei>
        <title>Newark Higher Education Finance Corp., The Hughen Center, Inc.</title>
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          <isin value="US650346FN45"/>
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        <name>San Marcos Redevelopment Agency Successor Agency</name>
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      <invstOrSec>
        <name>California Public Finance Authority</name>
        <lei>N/A</lei>
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        <name>Eastern Michigan University</name>
        <lei>549300K3C21R17LKDU63</lei>
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        <name>Washington &amp; Multnomah Counties School District No. 48J Beaverton</name>
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        <name>City of Topeka KS</name>
        <lei>549300NFEU1XBKVICM54</lei>
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        <name>Watervliet Public Schools</name>
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          <maturityDt>2036-06-15</maturityDt>
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        <name>Massachusetts Development Finance Agency</name>
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          <maturityDt>2028-01-01</maturityDt>
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        <name>Port of Seattle WA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Vista Unified School District</name>
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        <name>New York City Municipal Water Finance Authority</name>
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        <name>State of Illinois</name>
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        <name>San Antonio Education Facilities Corp.</name>
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        <name>Ontario Public Financing Authority</name>
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        <name>Contra Costa County Public Financing Authority</name>
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        <name>N/A</name>
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        <name>Ohio Higher Educational Facility Commission</name>
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      <invstOrSec>
        <name>Lake Ridge School Building Corp.</name>
        <lei>N/A</lei>
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        <name>New York State Environmental Facilities Corp.</name>
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          <isin value="US64985HP925"/>
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        <name>Los Angeles County Public Works Financing Authority</name>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Montgomery MD</name>
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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>4.00000000</annualizedRt>
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        <name>Utah Infrastructure Agency</name>
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          <isin value="US917467CF77"/>
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        <curCd>USD</curCd>
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          <maturityDt>2027-10-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Health Care Facilities Authority of Sayre</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-12-01</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Duluth Economic Development Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Howard MD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bexar County Hospital District</name>
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        <name>Polk School District</name>
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        <name>N/A</name>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
        <lei>N/A</lei>
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        <name>Minnesota Municipal Gas Agency</name>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <name>Berks County Industrial Development Authority</name>
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        <name>Utility Debt Securitization Authority</name>
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      <invstOrSec>
        <name>Central Plains Energy Project</name>
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      <invstOrSec>
        <name>Town of Stafford CT</name>
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          <couponKind>Fixed</couponKind>
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        <name>Ohio Higher Educational Facility Commission</name>
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        <name>City of Salt Lake City UT Airport Revenue</name>
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        <name>Illinois Finance Authority</name>
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        <name>CSCDA Community Improvement Authority</name>
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        <name>N/A</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>Public Finance Authority</name>
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        <name>Central Utah Water Conservancy District</name>
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        <name>Briggs Elementary School District</name>
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        <name>Commonwealth Financing Authority</name>
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        <name>New York State Environmental Facilities Corp.</name>
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        <name>Public Finance Authority</name>
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          <maturityDt>2033-03-01</maturityDt>
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        <name>Michigan Strategic Fund</name>
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        <title>Michigan Strategic Fund, Graphic Packaging International, LLC Coated Recycled Board Machine Project</title>
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        <name>New York Liberty Development Corp.</name>
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          <isin value="US649519EQ46"/>
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        <name>Waterview II Metropolitan District</name>
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        <name>California Enterprise Development Authority</name>
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        <title>California Enterprise Development Authority, Riverside County, Rocketship Public Schools-Obligated Group No. 2, Series 2022A</title>
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        <name>New York City Municipal Water Finance Authority</name>
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        <name>Public Finance Authority</name>
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        <name>Michigan Finance Authority</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>Carmel Local Public Improvement Bond Bank</name>
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        <name>Loving Municipal School District No. 10</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>Broome County Local Development Corp.</name>
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      <invstOrSec>
        <name>Albany-Dougherty Inner City Authority</name>
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      <invstOrSec>
        <name>Kentucky Bond Development Corp.</name>
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      <invstOrSec>
        <name>City &amp; County of Denver CO Airport System Revenue</name>
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        <name>Illinois Finance Authority</name>
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        <name>County of El Paso TX</name>
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        <name>New York Power Authority</name>
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        <name>St. Johns County Industrial Development Authority</name>
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        <name>Health &amp; Educational Facilities Authority of the State of Missouri</name>
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        <name>New York State Environmental Facilities Corp.</name>
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        <name>District of Columbia</name>
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        <name>State of Washington</name>
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        <name>Illinois Finance Authority</name>
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        <name>Public Finance Authority</name>
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        <name>San Francisco Bay Area Rapid Transit District Sales Tax Revenue</name>
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        <name>Indiana Finance Authority</name>
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        <name>Florida Higher Educational Facilities Financial Authority</name>
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        <name>Pennsylvania Turnpike Commission Oil Franchise Tax Revenue</name>
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        <name>California Community Choice Financing Authority</name>
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        <name>Chisholm Independent School District No. 695</name>
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      <invstOrSec>
        <name>Maine Municipal Bond Bank</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 New York NY</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-09-01</maturityDt>
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        <name>Vista Unified School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Vista Unified School District</name>
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        <name>Maricopa County Unified School District No. 60 Higley</name>
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        <name>Metropolitan Nashville Airport Authority (The)</name>
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        <name>Black Belt Energy Gas District</name>
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        <name>Main Street Natural Gas, Inc.</name>
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        <name>Health &amp; Educational Facilities Authority of the State of Missouri</name>
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        <name>Marion High School Building Corp.</name>
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        <name>New York State Environmental Facilities Corp.</name>
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        <name>New York Liberty Development Corp.</name>
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        <name>Loving Municipal School District No. 10</name>
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        <name>Public Finance Authority</name>
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        <name>Hillsboro School District No. 1J</name>
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        <name>Public Finance Authority</name>
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        <name>Loving Municipal School District No. 10</name>
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        <name>Allegheny County Higher Education Building Authority</name>
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        <name>Tobacco Settlement Financing Corp.</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>Florida Atlantic University Finance Corp.</name>
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        <name>Public Finance Authority</name>
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        <name>JPMorgan Institutional Tax Free Money Market Fund</name>
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        <name>Military Installation Development Authority</name>
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        <name>State of Illinois</name>
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          <isin value="US452153BX65"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-12-01</maturityDt>
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        <name>Port Authority of New York &amp; New Jersey</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-10-15</maturityDt>
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      <invstOrSec>
        <name>Main Street Natural Gas, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-12-01</maturityDt>
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          <annualizedRt>5.00000040</annualizedRt>
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        <name>Livingston Parish School Board Sales &amp; Use Tax Revenue</name>
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        <title>Livingston Parish School Board Sales &amp; Use Tax</title>
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          <isin value="US538799BR77"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Oklahoma Turnpike Authority</name>
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        <title>Oklahoma Turnpike Authority, Second Senior</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Fort Smith AR Water &amp; Sewer Revenue</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York State Dormitory Authority</name>
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          <isin value="US64990AJX46"/>
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        <balance>15000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-03-15</maturityDt>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-01-01</maturityDt>
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        <name>Massachusetts Development Finance Agency</name>
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        <title>Massachusetts Development Finance Agency, Salem Community Corp.</title>
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        <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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        <name>Round Rock Independent School District</name>
        <lei>N/A</lei>
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        <balance>115000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Loving Municipal School District No. 10</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-15</maturityDt>
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        <name>Public Finance Authority</name>
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        <name>Minnesota Higher Education Facilities Authority</name>
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        <name>Indianapolis Local Public Improvement Bond Bank</name>
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        <name>Port Washington Union Free School District</name>
        <lei>N/A</lei>
        <title>Port Washington Union Free School District</title>
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        <name>Reunion Metropolitan District</name>
        <lei>N/A</lei>
        <title>Reunion Metropolitan District, Series 2021A</title>
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          <maturityDt>2044-12-01</maturityDt>
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      <invstOrSec>
        <name>Sales Tax Asset Receivable Corp.</name>
        <lei>N/A</lei>
        <title>Sales Tax Asset Receivable Corp., Fiscal Year 2015, Series A</title>
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          <isin value="US794665FT14"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>North Dakota Building Authority</name>
        <lei>N/A</lei>
        <title>North Dakota Building Authority</title>
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          <isin value="US658905EV26"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wayne-Westland Community Schools</name>
        <lei>N/A</lei>
        <title>Wayne-Westland Community Schools, Series 2019</title>
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          <isin value="US946498HJ47"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Massachusetts Development Finance Agency</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>Massachusetts Development Finance Agency, Salem Community Corp.</title>
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          <isin value="US57584Y2Q12"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Alexandria LA Utilities Revenue</name>
        <lei>N/A</lei>
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          <isin value="US015086MP36"/>
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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>2023-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kentucky Public Energy Authority</name>
        <lei>N/A</lei>
        <title>Kentucky Public Energy Authority, Gas Supply, Series 2022A-1</title>
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          <isin value="US74440DDS09"/>
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        <balance>7265000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.99999960</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority, The Franklin School of Innovation</title>
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          <isin value="US74442EHZ60"/>
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          <maturityDt>2042-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Los Angeles Department of Water &amp; Power</name>
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          <isin value="US544495D683"/>
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        <valUSD>1971117.61000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <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., Subordinate Lien, Hotel Unit Fee Secured, Series 2016B</title>
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          <isin value="US649451GW53"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-11-15</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, Wastewater Utility</title>
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          <isin value="US45505MJL19"/>
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        <balance>380000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Authority</name>
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        <title>Louisiana Local Government Environmental Facilities and Community Development Authority, Bossier City Project</title>
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          <isin value="US54628CBL54"/>
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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>2027-10-01</maturityDt>
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        <name>Tri-County Metropolitan Transportation District of Oregon</name>
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      <invstOrSec>
        <name>California Public Finance Authority</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority, Enso Village Project, Series 2021A</title>
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          <maturityDt>2046-11-15</maturityDt>
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        <name>Mida Golf and Equestrian Center Public Infrastructure District</name>
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        <name>State of California</name>
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        <name>State of Illinois</name>
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        <name>Southeast Energy Authority A Cooperative District</name>
        <lei>25490090A3RLJHITY273</lei>
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        <name>Orange County Community Facilities District</name>
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        <title>Orange County Community Facilities District</title>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Public Finance Authority</name>
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        <name>Public Finance Authority</name>
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        <name>Long Island Power Authority</name>
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        <name>Public Finance Authority</name>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Metropolitan Washington Airports Authority Aviation Revenue</name>
        <lei>N/A</lei>
        <title>Metropolitan Washington Airports Authority Aviation</title>
        <cusip>592647JX0</cusip>
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          <isin value="US592647JX07"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3335513.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Environmental Facilities Corp.</name>
        <lei>549300QJ33JJW73OQO60</lei>
        <title>New York State Environmental Facilities Corp.</title>
        <cusip>64985HP50</cusip>
        <identifiers>
          <isin value="US64985HP503"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>367797.24000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Minnesota Higher Education Facilities Authority</name>
        <lei>549300DI4V4CIPMX7K35</lei>
        <title>Minnesota Higher Education Facilities Authority, University of St. Thomas</title>
        <cusip>60416JEW6</cusip>
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          <isin value="US60416JEW62"/>
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        <curCd>USD</curCd>
        <valUSD>259552.62000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Northern Illinois University</name>
        <lei>N/A</lei>
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        <cusip>665245YX8</cusip>
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          <isin value="US665245YX81"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>357951.49000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-01</maturityDt>
          <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>Fort Wayne Community School Building Corp.</name>
        <lei>N/A</lei>
        <title>Fort Wayne Community School Building Corp., Fort Wayne Community Schools</title>
        <cusip>349242MH7</cusip>
        <identifiers>
          <isin value="US349242MH71"/>
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        <balance>650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>747847.17000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
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        <title>Illinois Finance Authority, Playmouth Place Inc.</title>
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          <isin value="US45204FSR72"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100584.11000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California Health Facilities Financing Authority</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority, Sutter Health</title>
        <cusip>13032UDV7</cusip>
        <identifiers>
          <isin value="US13032UDV70"/>
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        <balance>3740000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3758581.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Carroll KY</name>
        <lei>N/A</lei>
        <title>County of Carroll, Kentucky Environmental Facilities, Series 2008A</title>
        <cusip>14483RAV9</cusip>
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          <isin value="US14483RAV96"/>
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        <balance>1225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1042195.58000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Village of Stewart Manor NY</name>
        <lei>N/A</lei>
        <title>Village of Stewart Manor, Public Improvement</title>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21886.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Oklahoma County Finance Authority</name>
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        <title>Oklahoma County Finance Authority, Educational Facilities, Lease Midwest City-Del City Public Schools Project</title>
        <cusip>67868UFW8</cusip>
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        <curCd>USD</curCd>
        <valUSD>531293.80000000</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>2025-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Los Angeles Department of Water &amp; Power</name>
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        <valUSD>2150887.83000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Washington Suburban Sanitary Commission</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>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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        <name>Salem Hospital Facility Authority</name>
        <lei>N/A</lei>
        <title>Salem Hospital Facility Authority, Capital Manor, Inc.</title>
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        <name>Allegheny County Higher Education Building Authority</name>
        <lei>N/A</lei>
        <title>Allegheny County Higher Education Building Authority, Chatham University</title>
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        <name>Public Finance Authority</name>
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        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, Rose-Hulman Institute of Technology Project</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
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        <name>Oklahoma County Finance Authority</name>
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        <name>Newark Higher Education Finance Corp.</name>
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        <name>City of Clarksville TN Water Sewer &amp; Gas Revenue</name>
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        <name>Commonwealth Financing Authority</name>
        <lei>N/A</lei>
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        <name>Washington State Housing Finance Commission</name>
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      <invstOrSec>
        <name>New York State Urban Development Corp.</name>
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        <name>Lompoc Valley Medical Center</name>
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          <isin value="US54178MBJ27"/>
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        <name>Clayton County Development Authority</name>
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        <name>County of Summit OH</name>
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          <isin value="US86606WBL90"/>
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        <name>Build NYC Resource Corp.</name>
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          <isin value="US12008ETN66"/>
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        <name>County of Clark NV</name>
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        <name>Metropolitan Washington Airports Authority Dulles Toll Road Revenue</name>
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          <isin value="US592643CR97"/>
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        <name>Florida Development Finance Corp.</name>
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        <name>Illinois Finance Authority</name>
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        <name>City of Chicago IL Waterworks Revenue</name>
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        <name>South San Francisco Public Facilities Financing Authority</name>
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        <name>Utah Infrastructure Agency</name>
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        <name>Texas Water Development Board</name>
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      <invstOrSec>
        <name>City of Houston TX Combined Utility System Revenue</name>
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          <isin value="US4424362G59"/>
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        <name>South San Francisco Public Facilities Financing Authority</name>
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          <couponKind>Fixed</couponKind>
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        <name>Rhode Island Turnpike &amp; Bridge Authority</name>
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        <name>N/A</name>
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        <title>CDI</title>
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              <counterpartyName>ICE Clear US</counterpartyName>
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                <indexName>Markit CDX North American High Yield Index Series 39-V1</indexName>
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      <invstOrSec>
        <name>Massachusetts Development Finance Agency</name>
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        <name>District of Columbia</name>
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        <name>University of North Carolina at Greensboro</name>
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        <name>Camden County Improvement Authority (The)</name>
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        <name>City of Phoenix AZ</name>
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        <name>County of Howard MD</name>
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        <name>Maryland Health &amp; Higher Educational Facilities Authority</name>
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        <name>Trinity River Authority</name>
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    <explntrNotes>








    </explntrNotes>
    <signature>
      <ncom:dateSigned>2023-03-02</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>
  <documents>XXXX</documents>
</edgarSubmission>
