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          <maturityDt>2054-05-01</maturityDt>
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        <name>MARION RANCH CDD FL SPL ASSMNT</name>
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          <isin value="US570001AC15"/>
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          <maturityDt>2054-05-01</maturityDt>
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        <name>CELINA TX SPL ASSESSMENT REVEN</name>
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          <isin value="US15114CKR42"/>
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        <name>DENVER CITY &amp; CNTY CO ARPT REV</name>
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          <isin value="US249182QY54"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-11-15</maturityDt>
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        <name>SAINT LOUIS CNTY MO INDL DEV A</name>
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        <title>St Louis County Industrial Development Authority</title>
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        <name>ARKANSAS DEV FIN AUTH ENVIRONM</name>
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        <name>TENNERGY CORP TN GAS REVENUE</name>
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        <name>NEW JERSEY ST ECON DEV AUTH EC</name>
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        <name>KANSAS CITY MO INDL DEV AUTH E</name>
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        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
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        <name>VINCENNES IN ECON DEV REVENUE</name>
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        <name>MICHIGAN ST STRATEGIC FUND LTD</name>
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          <isin value="US594698SR40"/>
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        <curCd>USD</curCd>
        <valUSD>1200069.03000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>HOUSTON TX ARPT SYS REVENUE</name>
        <lei>N/A</lei>
        <title>City of Houston TX Airport System Revenue</title>
        <cusip>4423487H5</cusip>
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          <isin value="US4423487H50"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1500709.08000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WESTCREEK MET DIST #2 CO</name>
        <lei>N/A</lei>
        <title>Westcreek Metropolitan District No 2</title>
        <cusip>95752TAA4</cusip>
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          <isin value="US95752TAA43"/>
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        <curCd>USD</curCd>
        <valUSD>472304.31000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WI CHRT SCH RE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>744396GB2</cusip>
        <identifiers>
          <isin value="US744396GB22"/>
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        <balance>875000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>728862.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526YFJ9</cusip>
        <identifiers>
          <isin value="US74526YFJ91"/>
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        <balance>425597.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>205350.55000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>STAMFORD CT HSG AUTH</name>
        <lei>N/A</lei>
        <title>Stamford Housing Authority</title>
        <cusip>852640AL5</cusip>
        <identifiers>
          <isin value="US852640AL54"/>
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        <balance>260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>262338.85000000</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>2060-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WI SPL FAC REV</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74446DAJ7</cusip>
        <identifiers>
          <isin value="US74446DAJ72"/>
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        <balance>560000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>457491.23000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTH CAROLINA ST PUBLIC SVC A</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
        <title>South Carolina Public Service Authority</title>
        <cusip>837151RU5</cusip>
        <identifiers>
          <isin value="US837151RU56"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>171008.16000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WI SENIOR LIVI</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74443UBC6</cusip>
        <identifiers>
          <isin value="US74443UBC62"/>
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        <balance>1135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1084618.61000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARKANSAS DEV FIN AUTH ENVIRONM</name>
        <lei>N/A</lei>
        <title>Arkansas Development Finance Authority</title>
        <cusip>04110FAB1</cusip>
        <identifiers>
          <isin value="US04110FAB13"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>364722.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.70000000</annualizedRt>
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      <invstOrSec>
        <name>PUERTO RICO SALES TAX FING COR</name>
        <lei>N/A</lei>
        <title>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</title>
        <cusip>74529JQW8</cusip>
        <identifiers>
          <isin value="US74529JQW89"/>
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        <balance>477000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>154920.04000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>ARIZONA ST INDL DEV AUTH EDU R</name>
        <lei>N/A</lei>
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        <cusip>04052BAL8</cusip>
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          <isin value="US04052BAL80"/>
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        <balance>605000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>607164.11000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WI REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74442PD28</cusip>
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          <isin value="US74442PD288"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1706610.76000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>ENERGY S E AL A COOPERATIVE DI</name>
        <lei>2549001SMMZ81MXBXZ89</lei>
        <title>Energy Southeast A Cooperative District</title>
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          <isin value="US292723BN27"/>
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        <balance>545000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>582043.14000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>FLORIDA ST DEV FIN CORP EDUCTN</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp</title>
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          <isin value="US34061UBQ04"/>
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        <balance>45000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2044-06-15</maturityDt>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WI REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74442PEU5</cusip>
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          <isin value="US74442PEU57"/>
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        <balance>195000.00000000</balance>
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        <name>CELINA TX SPL ASSESSMENT REVEN</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-09-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>FLORIDA ST DEV FIN CORP EDUCTN</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp</title>
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          <isin value="US34061ULD80"/>
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        <balance>150676.47720000</balance>
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        <curCd>USD</curCd>
        <valUSD>40004.60000000</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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LAKEWOOD RANCH FL STEWARDSHIP</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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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>LOWER MAGNOLIA GREEN VA CMNTY</name>
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          <isin value="US548207AB55"/>
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        <curCd>USD</curCd>
        <valUSD>228600.75000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>UTAH INFRASTRUCTURE AGY TELECO</name>
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          <isin value="US917467DC38"/>
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        <curCd>USD</curCd>
        <valUSD>119753.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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          <isin value="US64966QH378"/>
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        <balance>1900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1900000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>POITRAS EAST CDD FL SPL ASSMNT</name>
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          <isin value="US73086BAC37"/>
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        <balance>355000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>355256.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526YFK64"/>
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        <balance>840347.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>405467.43000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TEXAS ST TRANSPRTN COMMISSION</name>
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        <title>Texas Transportation Commission State Highway 249 System</title>
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          <isin value="US88283NAM48"/>
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        <balance>655000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>270301.41000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TROUT CREEK CDD FL CAPITAL IMP</name>
        <lei>N/A</lei>
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        <cusip>897188AC2</cusip>
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          <isin value="US897188AC25"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>200074.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST ECON DEV AUTH RE</name>
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        <title>New Jersey Economic Development Authority</title>
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        <identifiers>
          <isin value="US64577XAF33"/>
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        <balance>945000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>949163.21000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
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        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
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        <title>Kentucky Public Energy Authority</title>
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          <isin value="US74440DCM48"/>
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        <balance>2310000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2322486.89000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>NEW JERSEY ST HLTH CARE FACS F</name>
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          <isin value="US645790QD11"/>
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        <balance>1065000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>FLORIDA ST DEV FIN CORP SOL WS</name>
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          <isin value="US34061XAF96"/>
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        <balance>1375000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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        <name>EAST CENTRL VT TELECOMMUNICATI</name>
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        <title>East Central Vermont Telecommunications District</title>
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          <isin value="US271524BA76"/>
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        <balance>785000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-12-01</maturityDt>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PUBLIC FIN AUTH WI REVENUE</name>
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        <title>Public Finance Authority</title>
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          <isin value="US74442PG588"/>
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        <balance>795000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2038-12-15</maturityDt>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526YDG70"/>
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        <balance>325000.00000000</balance>
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        <name>TEXAS ST TRANSPRTN COMMISSION</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-08-01</maturityDt>
          <couponKind>None</couponKind>
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          <isin value="US05923TCN72"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>466138.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.30000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>HASTINGS CAMPUS HSG FIN AUTH C</name>
        <lei>N/A</lei>
        <title>Hastings Campus Housing Finance Authority</title>
        <cusip>418338AC3</cusip>
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          <isin value="US418338AC37"/>
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        <balance>1045000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>516688.13000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526YAA3</cusip>
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          <isin value="US74526YAA38"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>144750.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.95300000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARKANSAS ST DEV FIN AUTH INDL</name>
        <lei>N/A</lei>
        <title>Arkansas Development Finance Authority</title>
        <cusip>04108WCC4</cusip>
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          <isin value="US04108WCC47"/>
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        <balance>2600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2472332.17000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UTAH INFRASTRUCTURE AGY TELECO</name>
        <lei>549300WD2FDRNXU16V82</lei>
        <title>Utah Infrastructure Agency</title>
        <cusip>917467DB5</cusip>
        <identifiers>
          <isin value="US917467DB54"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>126460.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HAMMOCK OAKS CDD FL ASSMNT</name>
        <lei>N/A</lei>
        <title>Hammock Oaks Community Development District</title>
        <cusip>40834PAE2</cusip>
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          <isin value="US40834PAE25"/>
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        <balance>265000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>274658.19000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.85000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LORETTO HEIGHTS CMNTY AUTH CO</name>
        <lei>N/A</lei>
        <title>Loretto Heights Community Authority</title>
        <cusip>544084AA4</cusip>
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          <isin value="US544084AA46"/>
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        <balance>570000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>452048.19000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HAMPTON ROADS VA TRANSPRTN ACC</name>
        <lei>N/A</lei>
        <title>Hampton Roads Transportation Accountability Commission</title>
        <cusip>409328AU5</cusip>
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          <isin value="US409328AU51"/>
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        <balance>285000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>253421.21000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MET GOVT NASHVILLE &amp; DAVIDSONC</name>
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        <title>Metropolitan Government Nashville &amp; Davidson County Health &amp; Educational Facs Bd</title>
        <cusip>592041YP6</cusip>
        <identifiers>
          <isin value="US592041YP67"/>
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        <balance>220000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>178795.77000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOWER MAGNOLIA GREEN VA CMNTY</name>
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        <title>Lower Magnolia Green Community Development Authority</title>
        <cusip>548207AC3</cusip>
        <identifiers>
          <isin value="US548207AC39"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>81083.92000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARKANSAS ST DEV FIN AUTH INDL</name>
        <lei>N/A</lei>
        <title>Arkansas Development Finance Authority</title>
        <cusip>04108WCD2</cusip>
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          <isin value="US04108WCD20"/>
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        <balance>4165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4017359.72000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>INDEPENDENCE WTR &amp; SANTN DIST</name>
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          <isin value="US45380AAB89"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>501908.45000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>FLORIDA ST DEV FIN CORP SOL WS</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp</title>
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          <isin value="US34061XAG79"/>
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        <balance>680000.00000000</balance>
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        <name>ORCHARD PARK PLACE SOUTH MET D</name>
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        <name>OKLAHOMA ST DEV FIN AUTH</name>
        <lei>549300PXGPHUWC32DJ91</lei>
        <title>Oklahoma Development Finance Authority</title>
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          <isin value="US6789083V45"/>
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        <name>SHADOWLAWN CDD FL SPL ASSMNT R</name>
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        <name>TEXAS ST PRIV ACTIVITY BOND SU</name>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-07-01</maturityDt>
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          <annualizedRt>4.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FLORIDA ST DEV FIN CORP SENIOR</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp</title>
        <cusip>34061WBM5</cusip>
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          <isin value="US34061WBM55"/>
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        <curCd>USD</curCd>
        <valUSD>244345.85000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VIRGINIA BEACH VA DEV AUTH RSD</name>
        <lei>N/A</lei>
        <title>Virginia Beach Development Authority</title>
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          <isin value="US92774NBF69"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>240540.35000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOUISIANA PUB FACS AUTH REVENU</name>
        <lei>549300RQIPT5S4P4M065</lei>
        <title>Louisiana Public Facilities Authority</title>
        <cusip>546399PJ9</cusip>
        <identifiers>
          <isin value="US546399PJ94"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>142935.63000000</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>2062-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526YEJ0</cusip>
        <identifiers>
          <isin value="US74526YEJ01"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>31362.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MINNESOTA ST HSG FIN AGY</name>
        <lei>549300R89XDTQBK4GE22</lei>
        <title>Minnesota Housing Finance Agency</title>
        <cusip>60416TYA0</cusip>
        <identifiers>
          <isin value="US60416TYA05"/>
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        <balance>625000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>664872.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAINT LOUIS MO INDL DEV AUTH F</name>
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        <title>Industrial Development Authority of the City of St Louis Missouri/The</title>
        <cusip>85236BAB8</cusip>
        <identifiers>
          <isin value="US85236BAB80"/>
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        <balance>215000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>197077.34000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KANSAS CITY MO INDL DEV AUTH A</name>
        <lei>549300QWDXL46XQC8110</lei>
        <title>Kansas City Industrial Development Authority</title>
        <cusip>48504NBE8</cusip>
        <identifiers>
          <isin value="US48504NBE85"/>
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        <balance>1275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1276970.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PIMA CNTY AZ INDL DEV AUTH EDU</name>
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        <title>Industrial Development Authority of the County of Pima/The</title>
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          <isin value="US72177MUQ85"/>
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        <balance>625000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>512182.43000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MOBILE CNTY AL INDL DEV AUTH S</name>
        <lei>N/A</lei>
        <title>Mobile County Industrial Development Authority</title>
        <cusip>60733UAB7</cusip>
        <identifiers>
          <isin value="US60733UAB70"/>
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        <balance>3970000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3761154.29000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PIONEER RANCH CDD FL SPL ASSMN</name>
        <lei>N/A</lei>
        <title>Pioneer Ranch Community Development District</title>
        <cusip>723846AC5</cusip>
        <identifiers>
          <isin value="US723846AC50"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>906694.41000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.30000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HUNTINGTON NY LOCAL DEV CORP R</name>
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        <title>Huntington Local Development Corp</title>
        <cusip>446490AR5</cusip>
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          <isin value="US446490AR50"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>105809.12000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>PENNSYLVANIA ST HGR EDUCTNL FA</name>
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        <title>Pennsylvania Higher Educational Facilities Authority</title>
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          <isin value="US70917S6W82"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>TEXAS ST PRIV ACTIVITY BOND SU</name>
        <lei>N/A</lei>
        <title>Texas Private Activity Bond Surface Transportation Corp</title>
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          <isin value="US882667BX54"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-12-31</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>DIST OF COLUMBIA TOBACCO SETTL</name>
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        <title>District of Columbia Tobacco Settlement Financing Corp</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-15</maturityDt>
          <couponKind>None</couponKind>
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        <name>WINDWARD AT LAKEWOOD RANCH CDD</name>
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          <isin value="US97382EAK91"/>
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        <name>CRANDALL TX SPL ASSMNT REVENUE</name>
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        <invCountry>US</invCountry>
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        <name>LEE CNTY FL ARPT REVENUE</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>CONNECTICUT ST HLTH &amp; EDUCTNL</name>
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          <isin value="US20775DYW63"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WISCONSIN ST HLTH &amp; EDUCTNL FA</name>
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          <isin value="US97712JJE47"/>
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          <maturityDt>2054-08-15</maturityDt>
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      <invstOrSec>
        <name>MOBILE CNTY AL INDL DEV AUTH S</name>
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          <isin value="US60733UAA97"/>
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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>2054-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PRESERVE AT S BRANCH CDD FL SP</name>
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          <isin value="US74082PAF71"/>
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        <curCd>USD</curCd>
        <valUSD>196106.02000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>PENNSYLVANIA HGR EDU ASSISTANC</name>
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          <isin value="US70878CAG06"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-06-01</maturityDt>
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        <name>CAPITAL TRUST AGY FL REVENUE</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-07-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526YCP88"/>
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        <balance>545000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>BREVARD CNTY FL HLTH FACS AUTH</name>
        <lei>N/A</lei>
        <title>Brevard County Health Facilities Authority</title>
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          <isin value="US107416PJ29"/>
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        <balance>555000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-15</maturityDt>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
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          <maturityDt>2020-07-01</maturityDt>
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        <name>CROSSINGS CDD FL SPL ASSMNT</name>
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        <name>INDEPENDENCE MET DIST #3 CO</name>
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        <name>NEW HOPE CULTURAL ED FACS FIN</name>
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        <name>LINCOLNWOOD IL TAX INCREMENT A</name>
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        <name>New York State Dormitory Authority</name>
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        <name>PENNSYLVANIA HGR EDU ASSISTANC</name>
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        <name>PUBLIC FIN AUTH WI CHRT SCH RE</name>
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        <name>PUBLIC FIN AUTH WI ARPT FACS R</name>
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        <name>PARKER ROAD FL CDD CAPITAL IMP</name>
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          <isin value="US701123AD34"/>
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        <name>NEW YORK CNTYS NY TOBACCO TRUS</name>
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          <isin value="US442349DJ26"/>
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          <maturityDt>2027-07-15</maturityDt>
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        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
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        <name>PUBLIC FIN AUTH WI REVENUE</name>
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          <isin value="US74442PPT65"/>
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        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
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        <name>WASHINGTON ST HSG FIN COMMISSI</name>
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        <name>PUBLIC FIN AUTH WI MENTAL HLTH</name>
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        <name>INDEPENDENCE MET DIST #3 CO</name>
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        <name>PORT BEAUMONT TX NAV DIST DOCK</name>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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        <title>Puerto Rico Electric Power Authority</title>
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        <name>MARTINSBURG WV MF HSG REVENUE</name>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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          <maturityDt>2036-08-01</maturityDt>
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      <invstOrSec>
        <name>SKYRIDGE PEGASUS INFRASTRUCTUR</name>
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          <isin value="US83089AAA51"/>
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        <curCd>USD</curCd>
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          <maturityDt>2044-12-01</maturityDt>
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      <invstOrSec>
        <name>PUERTO RICO SALES TAX FING COR</name>
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          <isin value="US74529JRH04"/>
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        <balance>3825000.00000000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.32900000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isin value="US34061UGX00"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-06-15</maturityDt>
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        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
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      <invstOrSec>
        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526YDJ10"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>PORT BEAUMONT TX NAV DIST DOCK</name>
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        <name>FORT BEND CNTY TX INDL DEV COR</name>
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        <name>OSCEOLA CHAIN LAKES CDD FL CAP</name>
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        <name>NEW HOPE CULTURAL ED FACS FIN</name>
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          <isin value="US74442EML10"/>
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      <invstOrSec>
        <name>PORT OF MORROW OR</name>
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        <name>PUBLIC FIN AUTH WI CHRT SCH RE</name>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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        <name>LAVON TX SPL ASSMT REVENUE</name>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <name>CLEVELAND-CUYAHOGA CNTY OH POR</name>
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        <name>CSCDA CMNTY IMPT AUTH CA ESSEN</name>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WI CHRT SCH RE</name>
        <lei>5493004S6D3NA627K012</lei>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>DOYLESTOWN PA HOSP AUTH</name>
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          <isin value="US261333HJ08"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-07-01</maturityDt>
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      <invstOrSec>
        <name>COLORADO ST HLTH FACS AUTH REV</name>
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          <isin value="US19648FTF17"/>
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        <curCd>USD</curCd>
        <valUSD>216654.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Black Belt Energy Gas District</name>
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          <isin value="US09182TCG04"/>
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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>2053-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GREENBRIAR CDD FL SPL ASSMNT R</name>
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        <title>Greenbriar Community Development District</title>
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          <isin value="US39364TAB08"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>182993.84000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.65000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526YFR1</cusip>
        <identifiers>
          <isin value="US74526YFR18"/>
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        <balance>42010.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2019-07-01</maturityDt>
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          <annualizedRt>10.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOWERY HILLS CDD FL SPL ASSMNT</name>
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          <isin value="US548652AC05"/>
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        <balance>220000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>217405.85000000</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>2055-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.85000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TOLOMATO FL CDD</name>
        <lei>N/A</lei>
        <title>Tolomato Community Development District</title>
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          <isin value="US889560FA19"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>553495.47000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.80000000</annualizedRt>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526YEP60"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2017-07-01</maturityDt>
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        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
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          <isin value="US51265KBS69"/>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-05-01</maturityDt>
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          <annualizedRt>5.30000000</annualizedRt>
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        <name>KANSAS CITY MO INDL DEV AUTH S</name>
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          <isin value="US48504LAG86"/>
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        <balance>64037.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-11-15</maturityDt>
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        <name>INDIANA ST FIN AUTH ENVRNMNTL</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority</title>
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        <balance>640000.00000000</balance>
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          <maturityDt>2039-05-01</maturityDt>
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        <name>WESTSIDE HAINES CITY CDD SPL A</name>
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        <name>NATIONAL FIN AUTH NH SPL REVEN</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority</title>
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          <isin value="US63608TAB61"/>
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        <name>OSCEOLA CNTY FL TRANSPRTN REVE</name>
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        <name>PARKER ROAD FL CDD CAPITAL IMP</name>
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          <isin value="US701123AC50"/>
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        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
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        <name>BREVARD CNTY FL HLTH FACS AUTH</name>
        <lei>N/A</lei>
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        <name>ANTILLIA CDD FL SPL ASSMNT</name>
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        <name>UTAH ST CHRT SCH FIN AUTH CHRT</name>
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        <name>NORTH RANGE MET DIST #3 CO</name>
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        <name>New York City Housing Development Corp</name>
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        <name>LTC RANCH WEST RSDL CMNTY DEV</name>
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        <name>INLAND EMPIRE CA TOBACCO SECUR</name>
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        <name>MIAMI-DADE CNTY FL INDL DEV AU</name>
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        <name>CSCDA CMNTY IMPT AUTH CA ESSEN</name>
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        <name>KING CNTY WA PUBLIC HOSP DIST</name>
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        <name>NEW JERSEY ST HGR EDU ASSISTAN</name>
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        <name>IOWA ST STUDENT LOAN LIQUIDITY</name>
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        <name>LOWERY HILLS CDD FL SPL ASSMNT</name>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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        <name>CHICAGO IL BRD OF EDU</name>
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        <name>COOK CNTY IL MF HSG REVENUE</name>
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          <isin value="US213226AE35"/>
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          <maturityDt>2045-01-01</maturityDt>
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          <annualizedRt>6.50000000</annualizedRt>
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        <name>PUBLIC FIN AUTH WI CHRT SCH RE</name>
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          <isin value="US744396GY25"/>
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          <maturityDt>2051-06-15</maturityDt>
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        <name>NATIONAL FIN AUTH NH SPL REVEN</name>
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        <title>New Hampshire Business Finance Authority</title>
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          <isin value="US63608TAC45"/>
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        <name>WASHINGTON ST HSG FIN COMMISSI</name>
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        <title>Washington State Housing Finance Commission</title>
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          <isin value="US939783U879"/>
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        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
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          <isin value="US51265KFZ66"/>
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        <name>NORFOLK VA REDEV &amp; HSG AUTH RE</name>
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        <name>PORTICO FL CDD SPL ASSMNT REVE</name>
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          <isin value="US73641TAG31"/>
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        <name>CHICAGO IL TRANSIT AUTH SALES</name>
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        <name>BALTIMORE MD SPL OBLIG</name>
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          <isin value="US05923TDA43"/>
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        <name>KANSAS CITY MO LAND CLEARANCE</name>
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          <isin value="US48504MAC55"/>
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          <isin value="US4423487R33"/>
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        <name>BALTIMORE MD SPL OBLIG</name>
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        <name>NEW HOPE CULTURAL EDU FACS FIN</name>
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        <name>DOUGLAS CNTY NE HOSP AUTH #3</name>
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        <name>PHOENIX AZ INDL DEV AUTH EDU R</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VALPARAISO IN EXEMPT FACS REVE</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2034-01-01</maturityDt>
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      <invstOrSec>
        <name>LOUISIANA PUB FACS AUTH REVENU</name>
        <lei>549300RQIPT5S4P4M065</lei>
        <title>Louisiana Public Facilities Authority</title>
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          <isin value="US546399SY35"/>
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          <maturityDt>2059-09-01</maturityDt>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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          <isin value="US19648FTH72"/>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-05-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
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          <isin value="US57583UN792"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-07-01</maturityDt>
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        <name>DOYLESTOWN PA HOSP AUTH</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>GOLDEN GEM CDD FL SPL ASSMNT R</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-05-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>WESTCHESTER CNTY NY LOCAL DEV</name>
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        <title>Westchester County Local Development Corp</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>2056-07-01</maturityDt>
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        <name>PRINCETON TX SPL ASSMNT REVENU</name>
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          <isin value="US742400CP77"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>NORFOLK VA REDEV &amp; HSG AUTH RE</name>
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          <maturityDt>2029-01-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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        <title>Puerto Rico Electric Power Authority</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2019-07-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WISCONSIN ST HLTH &amp; EDUCTNL FA</name>
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        <title>Wisconsin Health &amp; Educational Facilities Authority</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-08-15</maturityDt>
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        <name>NEW YORK CITY NY MUNI WTR FIN</name>
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        <title>New York City Municipal Water Finance Authority</title>
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        <name>PRINCETON TX SPL ASSMNT REVENU</name>
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        <name>CHICAGO IL BRD OF EDU</name>
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        <title>Chicago Board of Education</title>
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        <name>AMBER CREEK MET DIST CO</name>
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        <name>MONTGOMERY CNTY PA HGR EDU &amp; H</name>
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      </invstOrSec>
      <invstOrSec>
        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
        <lei>N/A</lei>
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          <isin value="US51265KBR86"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CRANDALL TX SPL ASSMNT REVENUE</name>
        <lei>N/A</lei>
        <title>City of Crandall TX</title>
        <cusip>224384AS6</cusip>
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          <isin value="US224384AS67"/>
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        <curCd>USD</curCd>
        <valUSD>216273.41000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>S E ALABAMA ST GAS SPLY DIST G</name>
        <lei>549300BL04JIB2GJZ178</lei>
        <title>Southeast Alabama Gas Supply District/The</title>
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          <isin value="US84131TBA97"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4232100.52000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HOUSTON TX ARPT SYS REVENUE</name>
        <lei>N/A</lei>
        <title>City of Houston TX Airport System Revenue</title>
        <cusip>442349HZ2</cusip>
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          <isin value="US442349HZ22"/>
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        <balance>410000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>432888.71000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PRINCETON TX SPL ASSMNT REVENU</name>
        <lei>N/A</lei>
        <title>City of Princeton TX</title>
        <cusip>742400DA9</cusip>
        <identifiers>
          <isin value="US742400DA99"/>
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        <balance>95000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>94118.31000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARBORS CDD FL CAPITAL IMPT REV</name>
        <lei>N/A</lei>
        <title>Arbors Community Development District</title>
        <cusip>03879SAF7</cusip>
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          <isin value="US03879SAF74"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>937961.43000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALLENTOWN PA NEIGHBORHOOD IMPT</name>
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        <title>Allentown Neighborhood Improvement Zone Development Authority</title>
        <cusip>018444CE7</cusip>
        <identifiers>
          <isin value="US018444CE73"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99316.12000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OKLAHOMA ST DEV FIN AUTH HLTHS</name>
        <lei>549300PXGPHUWC32DJ91</lei>
        <title>Oklahoma Development Finance Authority</title>
        <cusip>67884XCK1</cusip>
        <identifiers>
          <isin value="US67884XCK19"/>
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        <balance>580000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>588467.86000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526YDY8</cusip>
        <identifiers>
          <isin value="US74526YDY86"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>33775.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AVIATION STATION NORTH MET DIS</name>
        <lei>N/A</lei>
        <title>Aviation Station North Metropolitan District No 2</title>
        <cusip>05369KAC3</cusip>
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          <isin value="US05369KAC36"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>455561.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MAINE HLTH &amp; HGR EDUCTNL FACS</name>
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        <title>Maine Health &amp; Higher Educational Facilities Authority</title>
        <cusip>56042R8P0</cusip>
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          <isin value="US56042R8P03"/>
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        <balance>2100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1881173.15000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526YCW3</cusip>
        <identifiers>
          <isin value="US74526YCW30"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36187.50000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA ST STWD FING AUTH T</name>
        <lei>N/A</lei>
        <title>California Statewide Financing Authority</title>
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          <isin value="US130923BH74"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>85031.56000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO INDL TOURIST EDUCT</name>
        <lei>549300YJRISCG6HQ4512</lei>
        <title>Puerto Rico Industrial Tourist Educational Medical &amp; Envirml Ctl Facs Fing Auth</title>
        <cusip>74528LAB7</cusip>
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          <isin value="US74528LAB71"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NORTH DAKOTA ST HSG FIN AGY</name>
        <lei>549300DVQAGW0B16JX70</lei>
        <title>North Dakota Housing Finance Agency</title>
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          <isin value="US658909HX76"/>
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        <balance>4100000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-01-01</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526YCX1</cusip>
        <identifiers>
          <isin value="US74526YCX13"/>
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        <balance>165000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TULSA OK AUTH ECON OPPTY TAX A</name>
        <lei>N/A</lei>
        <title>Tulsa Authority for Economic Opportunity</title>
        <cusip>899650AB1</cusip>
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          <isin value="US899650AB13"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CLIFTON TX HGR EDU FIN CORP ED</name>
        <lei>N/A</lei>
        <title>Clifton Higher Education Finance Corp</title>
        <cusip>187145UR6</cusip>
        <identifiers>
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        <name>CLACKAMAS CNTY OR SCH DIST #12</name>
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        <name>CALIFORNIA PUBLIC FIN AUTH SEN</name>
        <lei>N/A</lei>
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          <isin value="US13057GAP46"/>
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        <curCd>USD</curCd>
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          <maturityDt>2054-06-01</maturityDt>
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          <annualizedRt>6.50000000</annualizedRt>
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        <name>WASHINGTON ST HSG FIN COMMISSI</name>
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          <isin value="US939783Q745"/>
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      <invstOrSec>
        <name>EAGAN MN CHRTR SCH LEASE REVEN</name>
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        <name>SOUTHEAST ENERGY AUTH AL COMMO</name>
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        <name>LAKES OF SARASOTA CDD 2 CAPITA</name>
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        <name>PRINCETON TX SPL ASSMNT REVENU</name>
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          <isin value="US742400DB72"/>
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          <isin value="US04780NMX20"/>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <name>SALEM OR HOSP FAC AUTH REVENUE</name>
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          <isin value="US794458FX27"/>
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        <name>ALLENTOWN PA NEIGHBORHOOD IMPT</name>
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          <isin value="US018444CD90"/>
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        <debtSec>
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      <invstOrSec>
        <name>GRAND OAKS CDD FL SPL ASSMNT R</name>
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        <title>Puerto Rico Electric Power Authority</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-01-01</maturityDt>
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        <name>NEW YORK CNTYS NY TOBACCO TRUS</name>
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        <name>PUBLIC FIN AUTH WI REVENUE</name>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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        <name>WESTCHESTER NY TOBACCO ASSET S</name>
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          <isin value="US957480BS49"/>
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      <invstOrSec>
        <name>OREGON ST FACS AUTH REVENUE</name>
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        <title>Oregon State Facilities Authority</title>
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          <isin value="US68608JXL06"/>
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        <name>HOOVER AL INDL DEV BRD ENVNMNT</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
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          <isin value="US56035DEE85"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-12-01</maturityDt>
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        <name>CAPITAL TRUST AUTH FL EDUCTNL</name>
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          <isin value="US14054WBR51"/>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW HOPE CULTURAL ED FACS FIN</name>
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        <name>CHICAGO IL BRD OF EDU</name>
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        <name>BUCKHEAD TRAILS CDD FL SPL ASS</name>
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        <name>LT RANCH CDD FL CAPITAL IMPT R</name>
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        <name>DARBY CDD FL SPL ASSMNT REVENU</name>
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        <name>NATIONAL FIN AUTH NH REVENUE</name>
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        <name>WASHINGTON ST HSG FIN COMMISSI</name>
        <lei>549300YL1HU59NREG764</lei>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <name>WASHINGTON ST HSG FIN COMMISSI</name>
        <lei>549300YL1HU59NREG764</lei>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NORMANDY CDD FL CAPITAL IMPT R</name>
        <lei>N/A</lei>
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          <isin value="US65618HAC34"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-05-01</maturityDt>
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      <invstOrSec>
        <name>LT RANCH CDD FL CAPITAL IMPT R</name>
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          <isin value="US54912EAP88"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-05-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>CAPITAL TRUST AUTH FL EDUCTNL</name>
        <lei>N/A</lei>
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          <isin value="US14054WBP95"/>
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        <curCd>USD</curCd>
        <valUSD>129047.26000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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          <isin value="US19648FWT73"/>
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        <curCd>USD</curCd>
        <valUSD>126503.37000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REDTAIL RIDGE MET DIST CO</name>
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          <isin value="US75773CAA80"/>
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        <balance>3999000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2562903.43000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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        <name>IDAHO ST HLTH FACS AUTH HOSP R</name>
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        <title>Idaho Health Facilities Authority</title>
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          <isin value="US45129UCG76"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NATIONAL FIN AUTH NH SPL REVEN</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority</title>
        <cusip>63608TAJ9</cusip>
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          <isin value="US63608TAJ97"/>
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        <balance>550000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-01</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MET GOVT NASHVILLE &amp; DAVIDSONC</name>
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        <title>Metropolitan Government Nashville &amp; Davidson County Sports Authority</title>
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          <isin value="US592090JY16"/>
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        <balance>935000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>993596.72000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BUILD NYC RESOURCE CORP NY REV</name>
        <lei>549300GROJFKMNLWEK84</lei>
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        <balance>385000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>404932.04000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NATIONAL FIN AUTH NH MUNI CTFS</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority</title>
        <cusip>63607WAQ7</cusip>
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          <isin value="US63607WAQ78"/>
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        <balance>618023.23090000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-01</maturityDt>
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          <annualizedRt>4.25000000</annualizedRt>
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        <name>CAPITAL TRUST AGY FL REVENUE</name>
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          <isin value="US14052WDK09"/>
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        <fairValLevel>2</fairValLevel>
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        <name>HOUSTON TX ARPT SYS REVENUE</name>
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          <maturityDt>2048-07-01</maturityDt>
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        <name>PHILADELPHIA PA AUTH FOR INDL</name>
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        <title>Philadelphia Authority for Industrial Development</title>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>MARICOPA CNTY INDL DEV AUTH EX</name>
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        <title>Maricopa County Industrial Development Authority</title>
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        <balance>5970000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>MUNI ELEC AUTH OF GA</name>
        <lei>JA0WNILDDF2KUPS83B16</lei>
        <title>Municipal Electric Authority of Georgia</title>
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        <curCd>USD</curCd>
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        <name>LAKES OF SARASOTA CDD 2 CAPITA</name>
        <lei>N/A</lei>
        <title>Lakes of Sarasota Community Development District 2</title>
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          <isin value="US51207BAH24"/>
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        <valUSD>731387.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2055-05-01</maturityDt>
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          <annualizedRt>5.70000000</annualizedRt>
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        <name>FLORIDA ST DEV FIN CORP</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp</title>
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        <balance>2800000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2032-07-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>12.00000000</annualizedRt>
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        <name>WESTCHESTER NY TOBACCO ASSET S</name>
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        <name>Black Belt Energy Gas District</name>
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          <maturityDt>2031-07-01</maturityDt>
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        <name>ST VRAIN LAKES MET DIST NO 4</name>
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        <name>NATIONAL FIN AUTH NH SPL REVEN</name>
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        <name>ORANGE CNTY FL HLTH FACS AUTH</name>
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        <name>CHICAGO IL BRD OF EDU</name>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <name>BUILD NYC RESOURCE CORP NY REV</name>
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        <name>LANCASTER PA MUNI AUTH HLTHCAR</name>
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        <name>THE CHILDRENS TRUST FUND PR TO</name>
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        <name>TARRANT CNTY TX CULTURAL EDU F</name>
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        <name>TEXAS ST WTR DEV BRD</name>
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      <invstOrSec>
        <name>DENTON CNTY TX SPL ASSMNT REVE</name>
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        <curCd>USD</curCd>
        <valUSD>440341.20000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-12-31</maturityDt>
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        <name>ILLINOIS ST FIN AUTH EDUCTNL F</name>
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          <isin value="US452029AD39"/>
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        <curCd>USD</curCd>
        <valUSD>150025.13000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.12500000</annualizedRt>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526YBT10"/>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2018-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PENNSYLVANIA ST ECON DEV FING</name>
        <lei>N/A</lei>
        <title>Pennsylvania Economic Development Financing Authority</title>
        <cusip>70868YAV1</cusip>
        <identifiers>
          <isin value="US70868YAV11"/>
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        <balance>490000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>517291.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>HICKORY CHASE OH CMNTY AUTH IN</name>
        <lei>N/A</lei>
        <title>Hickory Chase Community Authority</title>
        <cusip>428861AD0</cusip>
        <identifiers>
          <isin value="US428861AD06"/>
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        <balance>765000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>748364.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>ALLEGHENY CMNTY BROADBAND INC</name>
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        <title>Allegheny Community Broadband Inc</title>
        <cusip>017276AE6</cusip>
        <identifiers>
          <isin value="US017276AE62"/>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>158029.43000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NORTH CAROLINA ST HSG FIN AGY</name>
        <lei>EC4EE0PS5OP5O69B5C39</lei>
        <title>North Carolina Housing Finance Agency</title>
        <cusip>658207T88</cusip>
        <identifiers>
          <isin value="US658207T888"/>
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        <balance>735000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>782295.33000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST ECON DEV FINGA</name>
        <lei>N/A</lei>
        <title>Pennsylvania Economic Development Financing Authority</title>
        <cusip>708686ET3</cusip>
        <identifiers>
          <isin value="US708686ET36"/>
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        <balance>795000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>802862.11000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNIV OF WYOMING WY UNIV REVENU</name>
        <lei>N/A</lei>
        <title>University of Wyoming</title>
        <cusip>915268J31</cusip>
        <identifiers>
          <isin value="US915268J310"/>
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        <balance>775000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>683391.69000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>HARBOR BAY FL CDD CAPITAL IMPT</name>
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        <title>Harbor Bay Community Development District</title>
        <cusip>411466AK1</cusip>
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          <isin value="US411466AK10"/>
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        <balance>370000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>347313.51000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.70000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CSCDA CMNTY IMPT AUTH CA ESSEN</name>
        <lei>N/A</lei>
        <title>CSCDA Community Improvement Authority</title>
        <cusip>126292AY7</cusip>
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          <isin value="US126292AY75"/>
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        <balance>1090000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>721000.34000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO SALES TAX FING COR</name>
        <lei>N/A</lei>
        <title>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</title>
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          <isin value="US74529JRK33"/>
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        <balance>317000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-07-01</maturityDt>
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          <annualizedRt>4.53600000</annualizedRt>
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        <name>MORGANTOWN WV COMB UTILITY SYS</name>
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        <title>Morgantown Utility Board Inc</title>
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          <maturityDt>2048-12-01</maturityDt>
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        <name>S E ALABAMA ST GAS SPLY DIST G</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526YFE0</cusip>
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          <isin value="US74526YFE05"/>
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        <balance>1795000.00000000</balance>
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        <name>CORPUS CHRISTI TX SPL ASSMNT R</name>
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        <title>City of Corpus Christi TX</title>
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          <isin value="US220233AC41"/>
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        <title>Wisconsin Housing &amp; Economic Development Authority</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-07-01</maturityDt>
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        <name>WAYNE CNTY MI ARPT AUTH REVENU</name>
        <lei>N/A</lei>
        <title>Wayne County Airport Authority</title>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NATIONAL FIN AUTH NH SPL REVEN</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority</title>
        <cusip>63608TAN0</cusip>
        <identifiers>
          <isin value="US63608TAN00"/>
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        <balance>4735000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2730425.87000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HILLSBOROUGH CNTY FLA INDL DEV</name>
        <lei>N/A</lei>
        <title>Hillsborough County Industrial Development Authority</title>
        <cusip>43233KBB9</cusip>
        <identifiers>
          <isin value="US43233KBB98"/>
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        <balance>2785000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2785000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.65000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CONNECTICUT ST HSG FIN AUTH HS</name>
        <lei>5493003DXX0NRJKSH186</lei>
        <title>Connecticut Housing Finance Authority</title>
        <cusip>20775HAA1</cusip>
        <identifiers>
          <isin value="US20775HAA14"/>
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        <balance>1960000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1960000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.84000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CAPITAL TRUST AGY FL EDUCTNL F</name>
        <lei>549300F49UWS7X0OGQ59</lei>
        <title>Capital Trust Agency Inc</title>
        <cusip>14054CCB3</cusip>
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          <isin value="US14054CCB37"/>
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        <balance>285000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>267740.27000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FRIENDSWOOD TX SPL ASSMNT REVE</name>
        <lei>N/A</lei>
        <title>City of Friendswood TX</title>
        <cusip>358591AA3</cusip>
        <identifiers>
          <isin value="US358591AA39"/>
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        <balance>657000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>641653.29000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GLENDALE AZ INDL DEV AUTH SENI</name>
        <lei>N/A</lei>
        <title>Glendale Industrial Development Authority</title>
        <cusip>378287BA3</cusip>
        <identifiers>
          <isin value="US378287BA35"/>
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        <balance>305000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>281248.69000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BUCKEYE OH TOBACCO SETTLEMENT</name>
        <lei>N/A</lei>
        <title>Buckeye Tobacco Settlement Financing Authority</title>
        <cusip>118217DA3</cusip>
        <identifiers>
          <isin value="US118217DA38"/>
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        <balance>14410000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1506338.46000000</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>2057-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CELINA TX SPL ASSESSMENT REVEN</name>
        <lei>N/A</lei>
        <title>City of Celina TX</title>
        <cusip>15114CKU7</cusip>
        <identifiers>
          <isin value="US15114CKU70"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>108218.79000000</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>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526YED3</cusip>
        <identifiers>
          <isin value="US74526YED31"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36187.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BALLSTON QUARTER CMNTY DEV AUT</name>
        <lei>N/A</lei>
        <title>Ballston Quarter Community Development Authority</title>
        <cusip>058696AJ4</cusip>
        <identifiers>
          <isin value="US058696AJ48"/>
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        <balance>219999.99997000</balance>
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        <curCd>USD</curCd>
        <valUSD>185587.39000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-03-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SUFFOLK REGL OFF-TRACK BETTING</name>
        <lei>N/A</lei>
        <title>Suffolk Regional Off-Track Betting Co</title>
        <cusip>86480TAA2</cusip>
        <identifiers>
          <isin value="US86480TAA25"/>
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        <balance>405000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>408564.79000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SIERRA VISTA AZ INDL DEV AUTH</name>
        <lei>N/A</lei>
        <title>Sierra Vista Industrial Development Authority</title>
        <cusip>82652UAW2</cusip>
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          <isin value="US82652UAW27"/>
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        <balance>440000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>419828.32000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>EAST CENTRL VT TELECOMMUNICATI</name>
        <lei>549300UHVQS0JED3EZ33</lei>
        <title>East Central Vermont Telecommunications District</title>
        <cusip>271524AT7</cusip>
        <identifiers>
          <isin value="US271524AT76"/>
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        <balance>695000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>610653.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>GARDENS AT HAMMOCK BEACH CDD F</name>
        <lei>N/A</lei>
        <title>Gardens at Hammock Beach Community Development District</title>
        <cusip>36549DAF0</cusip>
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          <isin value="US36549DAF06"/>
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        <balance>710000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BUCKHEAD TRAILS CDD FL SPL ASS</name>
        <lei>N/A</lei>
        <title>Buckhead Trails Community Development District</title>
        <cusip>11836UAD2</cusip>
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          <isin value="US11836UAD28"/>
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        <balance>210000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>223293.82000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>ARIZONA ST INDL DEV AUTH EDU R</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority</title>
        <cusip>04052BEY6</cusip>
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          <isin value="US04052BEY65"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>178195.97000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CELEBRATION POINTE CMNTY DEV D</name>
        <lei>N/A</lei>
        <title>Celebration Pointe Community Development District No 1</title>
        <cusip>15102HAC1</cusip>
        <identifiers>
          <isin value="US15102HAC16"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>232650.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>HARDIN CNTY OH ECON DEV FACILI</name>
        <lei>N/A</lei>
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        <name>PRINCETON TX SPL ASSMNT REVENU</name>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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          <maturityDt>2054-11-01</maturityDt>
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      <invstOrSec>
        <name>SUFFOLK REGL OFF-TRACK BETTING</name>
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          <isin value="US86480TAB08"/>
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        <name>PUBLIC FIN AUTH WI CHRT SCH RE</name>
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          <isin value="US744396HF27"/>
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        <name>NEW JERSEY ST HGR EDU ASSISTAN</name>
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          <isin value="US646080VG34"/>
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          <maturityDt>2050-12-01</maturityDt>
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        <name>ILLINOIS ST TOLL HIGHWAY AUTH</name>
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        <title>Illinois State Toll Highway Authority</title>
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        <name>IOWA ST FIN AUTH REVENUE</name>
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          <isin value="US46247SFV16"/>
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          <maturityDt>2059-05-15</maturityDt>
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        <name>DENVER CO CONVENTION CENTER HO</name>
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        <title>Denver Convention Center Hotel Authority</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>SUFFOLK REGL OFF-TRACK BETTING</name>
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        <name>WAYNE CNTY MI ARPT AUTH REVENU</name>
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        <name>HARDIN CNTY OH ECON DEV FACILI</name>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
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        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
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        <title>Massachusetts Development Finance Agency</title>
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        <name>WATERS EDGE MET DIST #2 CO</name>
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        <name>MASSACHUSETTS ST HSG FIN AGY</name>
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        <title>Massachusetts Housing Finance Agency</title>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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        <title>Puerto Rico Electric Power Authority</title>
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        <name>TOBACCO SETTLEMENT FING CORP N</name>
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        <name>CAPITAL PROJS FIN AUTH FL EDUC</name>
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          <isin value="US14043FAJ57"/>
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        <name>HOUSTON TX ARPT SYS REVENUE</name>
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        <name>HAYS CNTY TX SPL ASSMNT REVENU</name>
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      <invstOrSec>
        <name>PALISADE CO MET DIST #2 LIMITE</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-12-15</maturityDt>
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      <invstOrSec>
        <name>FLORIDA ST DEV FIN CORP</name>
        <lei>549300HC854CNBLMWC48</lei>
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          <maturityDt>2059-07-15</maturityDt>
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      <invstOrSec>
        <name>MIDA MOUNTAIN VLG PUBLIC INFRA</name>
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          <maturityDt>2044-06-15</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>BASTROP TX SPL ASSMNT REVENUE</name>
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          <isin value="US070341AD48"/>
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        <curCd>USD</curCd>
        <valUSD>219910.89000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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      <invstOrSec>
        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
        <lei>254900I3VDCQ58UGBR15</lei>
        <title>Metropolitan Pier &amp; Exposition Authority</title>
        <cusip>592250DN1</cusip>
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          <isin value="US592250DN11"/>
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        <balance>1895000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1638042.53000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>SOUTH CAROLINA ST JOBS-ECON DE</name>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>303951.82000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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        <name>CALIFORNIA ST MUNI FIN AUTH SP</name>
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          <isin value="US13051AHR23"/>
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        <balance>355000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>BALTIMORE MD SPL OBLIG</name>
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        <title>City of Baltimore MD</title>
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          <isin value="US05923TCR86"/>
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        <balance>610000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>556119.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.45000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
        <lei>254900I3VDCQ58UGBR15</lei>
        <title>Metropolitan Pier &amp; Exposition Authority</title>
        <cusip>592250CL6</cusip>
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          <isin value="US592250CL63"/>
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        <balance>660000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>660265.92000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>BLACK DESERT PUB INFRASTRUCTUR</name>
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        <title>Black Desert Public Infrastructure District</title>
        <cusip>09204TAA9</cusip>
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          <isin value="US09204TAA97"/>
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        <balance>390000.00000000</balance>
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        <valUSD>390406.06000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <name>PUBLIC FIN AUTH WI REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74442PD36</cusip>
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          <isin value="US74442PD361"/>
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          <maturityDt>2059-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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        <name>CREEKWALK MARKETPLACE BUSINESS</name>
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          <isin value="US225515AJ42"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>NEW YORK ST THRUWAY AUTH PERSO</name>
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        <title>New York State Thruway Authority</title>
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          <isin value="US650028ZB24"/>
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          <maturityDt>2049-03-15</maturityDt>
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        <name>ANNA TX SPL ASSMNT REVENUE</name>
        <lei>N/A</lei>
        <title>City of Anna TX</title>
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          <isin value="US035713AW63"/>
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          <maturityDt>2054-09-15</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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        <name>PUERTO RICO CMWLTH</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico</title>
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        <name>LAS VEGAS NV SPL IMPT DIST NO</name>
        <lei>N/A</lei>
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          <maturityDt>2047-12-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>NORTH AR-1 PASCO CDD FL CAPITA</name>
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          <isin value="US65725AAS33"/>
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        <balance>110000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-05-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BELLA COLLINA CDD FL SPL ASSMN</name>
        <lei>N/A</lei>
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          <isin value="US07819AAC71"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BUCKS CNTY PA INDL DEV AUTH HO</name>
        <lei>N/A</lei>
        <title>Bucks County Industrial Development Authority</title>
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          <isin value="US11861MBL90"/>
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        <curCd>USD</curCd>
        <valUSD>166695.42000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-07-01</maturityDt>
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        <securityLending>
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      <invstOrSec>
        <name>PIMA CNTY AZ INDL DEV AUTH EDU</name>
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          <isin value="US72177MRX73"/>
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        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <title>New Jersey Transportation Trust Fund Authority</title>
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          <isin value="US646136Y397"/>
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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>2041-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526YAE5</cusip>
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          <isin value="US74526YAE59"/>
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        <balance>211943.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>102262.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2019-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LAS VEGAS NV SPL IMPT DIST NO</name>
        <lei>N/A</lei>
        <title>City of Las Vegas NV Special Improvement District No 613</title>
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          <isin value="US51779CAP05"/>
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        <curCd>USD</curCd>
        <valUSD>101019.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>National Finance Authority</name>
        <lei>N/A</lei>
        <title>National Finance Authority Affordable Housing Certificates Series 2024-1</title>
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          <isin value="US63607DAB29"/>
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        <balance>1080000.00000000</balance>
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        <assetCat>ABS-MBS</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-10-20</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PRINCETON TX SPL ASSMNT REVENU</name>
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        <title>City of Princeton TX</title>
        <cusip>742400DF8</cusip>
        <identifiers>
          <isin value="US742400DF86"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>HENDERSON KY EXEMPT FACS REVEN</name>
        <lei>549300UJ32J1O26W1T80</lei>
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          <isin value="US425099AB40"/>
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        <balance>1895000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1811750.24000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.70000000</annualizedRt>
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        <name>PUBLIC FIN AUTH WI SPL REVENUE</name>
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        <title>Public Finance Authority</title>
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          <isin value="US74447TAG76"/>
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        <name>CURIOSITY CREEK CDD FL CAPITAL</name>
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        <name>WASHINGTON ST HSG FIN COMMISSI</name>
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        <title>Washington State Housing Finance Commission</title>
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        <name>PIMA CNTY AZ INDL DEV AUTH EDU</name>
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        <name>CLEVELAND-CUYAHOGA CNTY OH POR</name>
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        <name>BALTIMORE MD SPL OBLIG</name>
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      <invstOrSec>
        <name>NORTH AR-1 PASCO CDD FL CAPITA</name>
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      <invstOrSec>
        <name>GREENBRIAR CDD FL SPL ASSMNT R</name>
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      <invstOrSec>
        <name>ANGELINA &amp; NECHES RIVER AUTH I</name>
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          <maturityDt>2045-12-01</maturityDt>
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        <name>WASHINGTON ST HSG FIN COMMISSI</name>
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          <isin value="US93978TTF65"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-12-01</maturityDt>
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          <annualizedRt>2.85000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>OHIO ST PRIVATE ACTIVITY REVEN</name>
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          <isin value="US67759YAQ08"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-06-30</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>CMNTY DEV ADMIN MD MF DEV REVE</name>
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          <maturityDt>2044-02-01</maturityDt>
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        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-05-01</maturityDt>
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        <name>PORT BEAUMONT TX NAV DIST DOCK</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-01-01</maturityDt>
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        <name>VOLUSIA CNTY FL EDUCTNL FAC AU</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CANYONS MET DIST #5 CO</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-12-01</maturityDt>
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          <annualizedRt>6.50000000</annualizedRt>
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        <name>PUBLIC FIN AUTH WI REVENUE</name>
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        <name>MIDA MOUNTAIN VLG PUBLIC INFRA</name>
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        <name>BALTIMORE MD SPL OBLIG</name>
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        <name>CAPITAL TRUST AUTH FL EDUCTNL</name>
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        <name>HIGHLANDS MET DIST #1 CO</name>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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          <maturityDt>2044-12-01</maturityDt>
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        <name>FLORIDA ST DEV FIN CORP</name>
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          <maturityDt>2053-07-01</maturityDt>
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        <name>ESCAMBIA CNTY FL HLTH FACS AUT</name>
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        <name>CSCDA CMNTY IMPT AUTH CA ESSEN</name>
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        <name>CENTERRA CO MET DIST #1 SPL RE</name>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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        <title>Puerto Rico Electric Power Authority</title>
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        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
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        <name>PORT BEAUMONT TX NAV DIST DOCK</name>
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        <name>CELINA TX SPL ASSESSMENT REVEN</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-09-01</maturityDt>
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      </invstOrSec>
      <invstOrSec>
        <name>LOUISIANA PUB FACS AUTH REVENU</name>
        <lei>549300RQIPT5S4P4M065</lei>
        <title>Louisiana Public Facilities Authority</title>
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          <isin value="US546399KY17"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CREEKWALK MARKETPLACE BUSINESS</name>
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          <isin value="US225515AK15"/>
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          <maturityDt>2054-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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      <invstOrSec>
        <name>COBB CNTY GA DEV AUTH CHARTERS</name>
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          <isin value="US190779AJ72"/>
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        <valUSD>145975.66000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2058-06-15</maturityDt>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526YEM30"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2018-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.40000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>PARRISH PLANTATION CMNTY DEV D</name>
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          <isin value="US701830AL53"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>PARRISH PLANTATION CMNTY DEV D</name>
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          <isin value="US701830AK70"/>
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        <valUSD>126726.44000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-05-01</maturityDt>
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          <annualizedRt>5.80000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CORPUS CHRISTI TX SPL ASSMNT R</name>
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        <title>City of Corpus Christi TX</title>
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          <isin value="US220233AA84"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>98917.34000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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      <invstOrSec>
        <name>WISCONSIN ST HSG &amp; ECON DEV AU</name>
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          <isin value="US97689QQH29"/>
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        <balance>3700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3700000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-03-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.85000000</annualizedRt>
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        <name>PENNSYLVANIA ST ECON DEV FING</name>
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          <isin value="US70868YAW93"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>PARRISH LAKES CDD CAPITAL IMPT</name>
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        <title>Parrish Lakes Community Development District</title>
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          <isin value="US70183FAJ75"/>
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        <balance>485000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-05-01</maturityDt>
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          <annualizedRt>5.80000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
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        <title>Massachusetts Development Finance Agency</title>
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          <isin value="US57584YFK01"/>
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        <balance>1000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>CAPITAL TRUST AGY FL EDUCTNL F</name>
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        <name>CORPUS CHRISTI TX SPL ASSMNT R</name>
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          <isin value="US220233AB67"/>
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          <maturityDt>2044-09-15</maturityDt>
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        <name>HAMMOCK OAKS CDD FL ASSMNT</name>
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        <name>GOLDEN ST TOBACCO SECURITIZATI</name>
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        <name>BUDA TX SPL ASSMNT REVENUE</name>
        <lei>549300M2WWWL7K4QS327</lei>
        <title>City of Buda TX</title>
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          <isin value="US118829AC47"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isin value="US74442PEW14"/>
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        <curCd>USD</curCd>
        <valUSD>16575.00000000</valUSD>
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      <invstOrSec>
        <name>YAMHILL CNTY OR HOSP AUTH</name>
        <lei>N/A</lei>
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          <isin value="US98464UAP12"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PRINCETON TX SPL ASSMNT REVENU</name>
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        <title>City of Princeton TX</title>
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          <isin value="US742400CN20"/>
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        <curCd>USD</curCd>
        <valUSD>139073.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526YEN1</cusip>
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          <isin value="US74526YEN13"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-01</maturityDt>
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          <annualizedRt>5.40000000</annualizedRt>
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      <invstOrSec>
        <name>GRAND OAKS CDD FL SPL ASSMNT R</name>
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          <isin value="US38611CAH79"/>
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          <maturityDt>2040-05-01</maturityDt>
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          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>MIDAS MOUNTAIN VETERANS PROGRA</name>
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          <isin value="US59561SAB16"/>
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          <maturityDt>2054-06-01</maturityDt>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
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          <isin value="US74526YDL65"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526YFP51"/>
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        <balance>30000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2018-07-01</maturityDt>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526YAF2</cusip>
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          <isin value="US74526YAF25"/>
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          <maturityDt>2019-07-01</maturityDt>
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      <invstOrSec>
        <name>ARIZONA ST INDL DEV AUTH EDU R</name>
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          <isin value="US04052BAK08"/>
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        <name>California Housing Finance Age</name>
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        <name>SANDRIDGE CMNTY DEV DIST FL SP</name>
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        <name>ORANGE CNTY FL HLTH FACS AUTH</name>
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        <name>TROUT CREEK CDD FL CAPITAL IMP</name>
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        <name>PUBLIC FIN AUTH WI EDU REVENUE</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526YEG6</cusip>
        <identifiers>
          <isin value="US74526YEG61"/>
        </identifiers>
        <balance>940000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>453550.00000000</valUSD>
        <pctVal>0.086050235104</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KANSAS CITY MO INDL DEV AUTH E</name>
        <lei>549300QWDXL46XQC8110</lei>
        <title>Kansas City Industrial Development Authority</title>
        <cusip>48502MAA1</cusip>
        <identifiers>
          <isin value="US48502MAA18"/>
        </identifiers>
        <balance>290000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>279585.67000000</valUSD>
        <pctVal>0.053044675637</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp</title>
        <cusip>650110AE9</cusip>
        <identifiers>
          <isin value="US650110AE94"/>
        </identifiers>
        <balance>640000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>526501.56000000</valUSD>
        <pctVal>0.099891044032</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INDIANAPOLIS IN LOCAL PUBLIC I</name>
        <lei>549300LX8ESJHDSESB87</lei>
        <title>Indianapolis Local Public Improvement Bond Bank</title>
        <cusip>45528U6X4</cusip>
        <identifiers>
          <isin value="US45528U6X43"/>
        </identifiers>
        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>419853.64000000</valUSD>
        <pctVal>0.079657158927</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEW JERSEY ST HGR EDU ASSISTAN</name>
        <lei>5493007OOYUHTF8GSL63</lei>
        <title>New Jersey Higher Education Student Assistance Authority</title>
        <cusip>646080YB1</cusip>
        <identifiers>
          <isin value="US646080YB10"/>
        </identifiers>
        <balance>275000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>269292.54000000</valUSD>
        <pctVal>0.051091801078</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>



      <explntrNote note="Item B.2.c amount includes liabilities associated with tender option bond transactions." noteItem="B.2.c"/>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>


    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-05-27</ncom:dateSigned>
      <ncom:nameOfApplicant>BlackRock Allocation Target Shares</ncom:nameOfApplicant>
      <ncom:signature>Chuck Pulsfort</ncom:signature>
      <ncom:signerName>Chuck Pulsfort</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
