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          <maturityDt>2045-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>IBIS LANDING CDD FL SPL ASSMNT</name>
        <lei>N/A</lei>
        <title>Ibis Landing Community Development District</title>
        <cusip>451075AD7</cusip>
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          <isin value="US451075AD75"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>123802.53000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526YEU5</cusip>
        <identifiers>
          <isin value="US74526YEU55"/>
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        <balance>220000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>106150.00000000</valUSD>
        <pctVal>0.022236733237</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</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>
      <invstOrSec>
        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
        <lei>254900I3VDCQ58UGBR15</lei>
        <title>Metropolitan Pier &amp; Exposition Authority</title>
        <cusip>592250BM5</cusip>
        <identifiers>
          <isin value="US592250BM55"/>
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        <balance>390000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>390294.69000000</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>2053-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ARKANSAS DEV FIN AUTH ENVIRONM</name>
        <lei>N/A</lei>
        <title>Arkansas Development Finance Authority</title>
        <cusip>04110FAA3</cusip>
        <identifiers>
          <isin value="US04110FAA30"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1990794.53000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.45000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <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>3625125.63000000</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>2054-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
        <lei>549300XEJZWHYSY4SL55</lei>
        <title>Kentucky Public Energy Authority</title>
        <cusip>74440DCM4</cusip>
        <identifiers>
          <isin value="US74440DCM48"/>
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        <balance>2310000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2321205.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-02-01</maturityDt>
          <couponKind>Variable</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>WASHINGTON ST HSG FIN COMMISSI</name>
        <lei>549300YL1HU59NREG764</lei>
        <title>Washington State Housing Finance Commission</title>
        <cusip>939783U53</cusip>
        <identifiers>
          <isin value="US939783U531"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>181222.93000000</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>2053-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BUDA TX SPL ASSMNT REVENUE</name>
        <lei>549300M2WWWL7K4QS327</lei>
        <title>City of Buda TX</title>
        <cusip>118829AF7</cusip>
        <identifiers>
          <isin value="US118829AF77"/>
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        <balance>685000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>658395.68000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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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>74526YEQ4</cusip>
        <identifiers>
          <isin value="US74526YEQ44"/>
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        <balance>95000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45837.50000000</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>2018-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW JERSEY ST ECON DEV AUTH SC</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority</title>
        <cusip>645912DN3</cusip>
        <identifiers>
          <isin value="US645912DN33"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>250022.16000000</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>2049-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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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>138346.95000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>BALTIMORE MD SPL OBLIG</name>
        <lei>N/A</lei>
        <title>City of Baltimore MD</title>
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        <identifiers>
          <isin value="US05923TCL17"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>188735.86000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.20000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey Transportation Trust Fund Authority</title>
        <cusip>6461367J4</cusip>
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          <isin value="US6461367J44"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2636379.09000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-06-15</maturityDt>
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          <annualizedRt>4.00000000</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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          <isin value="US254842BD82"/>
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        <balance>17300000.00000000</balance>
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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>PHOENIX AZ INDL DEV AUTH EDU R</name>
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        <title>Industrial Development Authority of the City of Phoenix Arizona/The</title>
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          <isin value="US71885FFG72"/>
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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>74526YAE5</cusip>
        <identifiers>
          <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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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2019-07-01</maturityDt>
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          <annualizedRt>10.00000000</annualizedRt>
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      <invstOrSec>
        <name>BALDWIN CNTY AL INDL DEV AUTH</name>
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        <title>Baldwin County Industrial Development Authority</title>
        <cusip>05786PAA1</cusip>
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          <isin value="US05786PAA12"/>
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        <balance>1195000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1201362.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BREVARD CNTY FL HLTH FACS AUTH</name>
        <lei>N/A</lei>
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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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        <name>LA PAZ CNTY AZ INDL DEV AUTH E</name>
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          <isin value="US50376HAC79"/>
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          <maturityDt>2048-06-15</maturityDt>
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        <name>CAPITAL TRUST AGY FL REVENUE</name>
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          <isin value="US14052WDR51"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2061-07-01</maturityDt>
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      <invstOrSec>
        <name>GLENDALE AZ INDL DEV AUTH SENI</name>
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        <title>Glendale Industrial Development Authority</title>
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          <isin value="US378287BA35"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <maturityDt>2056-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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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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          <isin value="US167505YL46"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>NORFOLK VA REDEV &amp; HSG AUTH RE</name>
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        <title>Norfolk Redevelopment &amp; Housing Authority</title>
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          <isin value="US655909CM96"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-01-01</maturityDt>
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        <name>SUFFOLK REGL OFF-TRACK BETTING</name>
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        <title>Suffolk Regional Off-Track Betting Corp</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-12-01</maturityDt>
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        <name>TIMBERHP BY GO LAB INC</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>3</fairValLevel>
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        <name>KINGS CREEK I CDD FL SPL ASSMN</name>
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        <title>Kings Creek I Community Development District</title>
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        <name>PORTICO FL CDD SPL ASSMNT REVE</name>
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        <title>Portico Community Development District</title>
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        <name>ARKANSAS ST DEV FIN AUTH INDL</name>
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        <name>HAMMOCK OAKS CDD FL ASSMNT</name>
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        <name>TEXAS ST WTR DEV BRD</name>
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        <name>KANSAS CITY MO INDL DEV AUTH S</name>
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        <name>WESTCHESTER CNTY NY LOCAL DEV</name>
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          <maturityDt>2054-09-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HUNTINGTON NY LOCAL DEV CORP R</name>
        <lei>N/A</lei>
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          <isin value="US446490AR50"/>
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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>2056-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PORTICO FL CDD SPL ASSMNT REVE</name>
        <lei>N/A</lei>
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        <cusip>73641TAG3</cusip>
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          <isin value="US73641TAG31"/>
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        <curCd>USD</curCd>
        <valUSD>333579.02000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <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="US74526YDZ51"/>
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        <balance>265000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>127862.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>TULSA OK MUNI ARPT TRUST TRUST</name>
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        <title>Tulsa Municipal Airport Trust Trustees/OK</title>
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          <isin value="US899661EN87"/>
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        <balance>1755000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1890530.88000000</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>6.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LOS ANGELES CA DEPT OF ARPTS A</name>
        <lei>N/A</lei>
        <title>City of Los Angeles Department of Airports</title>
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          <isin value="US544445C805"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1517693.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>LANTERNS MET DIST #2 CO</name>
        <lei>N/A</lei>
        <title>Lanterns Metropolitan District No 2</title>
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          <isin value="US51654DAA19"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>367971.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <securityLending>
          <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>500623.17000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <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>124074.45000000</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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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW HOPE CULTURAL ED FACS FIN</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp</title>
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          <isin value="US64542UHF49"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>140172.01000000</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>2055-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</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>
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          <isin value="US74526YEK73"/>
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        <balance>486347.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>234662.43000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2018-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.40000000</annualizedRt>
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        <name>NORFOLK VA REDEV &amp; HSG AUTH RE</name>
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          <isin value="US655909CJ67"/>
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        <balance>205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>198100.11000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>LTC RANCH WEST RSDL CMNTY DEV</name>
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          <isin value="US50218SAG66"/>
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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>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.70000000</annualizedRt>
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        <name>AFFORDABLE HSG OPPORTUNITIES T</name>
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        <title>Affordable Housing Opportunities Trust Series AH-01</title>
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          <isin value="US00826SAD27"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-05-01</maturityDt>
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          <annualizedRt>6.88000000</annualizedRt>
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        <name>LAKES OF SARASOTA CDD 2 CAPITA</name>
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        <title>Lakes of Sarasota Community Development District 2</title>
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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>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>ATLANTA GA DEV AUTH</name>
        <lei>N/A</lei>
        <title>Atlanta Development Authority/The</title>
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          <isin value="US04780NMX20"/>
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        <balance>720000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>714635.87000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2039-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>BUILD NYC RESOURCE CORP NY REV</name>
        <lei>549300GROJFKMNLWEK84</lei>
        <title>Build NYC Resource Corp</title>
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          <isin value="US12008EVC73"/>
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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>2053-07-01</maturityDt>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526YEL5</cusip>
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          <isin value="US74526YEL56"/>
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        <balance>49170.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>23724.53000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-01-01</maturityDt>
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          <annualizedRt>5.40000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CAPITAL TRUST AUTH FL EDUCTNL</name>
        <lei>N/A</lei>
        <title>Capital Trust Authority</title>
        <cusip>14054WBR5</cusip>
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          <isin value="US14054WBR51"/>
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        <curCd>USD</curCd>
        <valUSD>154611.05000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2059-06-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NORTH HOLLY MET DIST CO</name>
        <lei>N/A</lei>
        <title>North Holly Metropolitan District</title>
        <cusip>659890AA5</cusip>
        <identifiers>
          <isin value="US659890AA53"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>478599.24000000</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>2048-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>UTAH INFRASTRUCTURE AGY TELECO</name>
        <lei>549300WD2FDRNXU16V82</lei>
        <title>Utah Infrastructure Agency</title>
        <cusip>917467DC3</cusip>
        <identifiers>
          <isin value="US917467DC38"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>117246.39000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC FIN AUTH WI REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74442PTF2</cusip>
        <identifiers>
          <isin value="US74442PTF26"/>
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        <balance>2025000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1592034.82000000</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>2051-09-30</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>
      <invstOrSec>
        <name>TRIBOROUGH NY BRIDGE &amp; TUNNEL</name>
        <lei>N/A</lei>
        <title>Triborough Bridge &amp; Tunnel Authority Sales Tax Revenue</title>
        <cusip>896035CD2</cusip>
        <identifiers>
          <isin value="US896035CD29"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>177113.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NORTH CAROLINA ST MED CARE COM</name>
        <lei>549300FH6KOXGCHQYG81</lei>
        <title>North Carolina Medical Care Commission</title>
        <cusip>65820YSU1</cusip>
        <identifiers>
          <isin value="US65820YSU19"/>
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        <balance>230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>218603.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-01</maturityDt>
          <couponKind>Fixed</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>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>394681.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INDIANA ST FIN AUTH REVENUE</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority</title>
        <cusip>45506EPA5</cusip>
        <identifiers>
          <isin value="US45506EPA54"/>
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        <balance>555000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>541199.86000000</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>2055-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PHILADELPHIA PA SCH DIST</name>
        <lei>254900HSKDHZKBZCUL90</lei>
        <title>School District of Philadelphia/The</title>
        <cusip>717883A77</cusip>
        <identifiers>
          <isin value="US717883A778"/>
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        <balance>265000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>275174.58000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <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>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20269.83000000</valUSD>
        <pctVal>0.004246206335</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2019-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.00000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SEMINOLE CNTY FL INDL DEV AUTH</name>
        <lei>N/A</lei>
        <title>Seminole County Industrial Development Authority</title>
        <cusip>81669TAD0</cusip>
        <identifiers>
          <isin value="US81669TAD00"/>
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        <balance>595000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>530620.32000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CONNECTICUT ST HLTH &amp; EDUCTNL</name>
        <lei>549300ZOQJ5U8YBS5Q35</lei>
        <title>Connecticut State Health &amp; Educational Facilities Authority</title>
        <cusip>20775DYW6</cusip>
        <identifiers>
          <isin value="US20775DYW63"/>
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        <balance>775000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>751552.81000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CAPITAL TRUST AUTH FL EDUCTNL</name>
        <lei>N/A</lei>
        <title>Capital Trust Authority</title>
        <cusip>14054WBF1</cusip>
        <identifiers>
          <isin value="US14054WBF14"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>184215.09000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BUDA TX SPL ASSMNT REVENUE</name>
        <lei>549300M2WWWL7K4QS327</lei>
        <title>City of Buda TX</title>
        <cusip>118829AC4</cusip>
        <identifiers>
          <isin value="US118829AC47"/>
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        <balance>345000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>335605.78000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>TEXAS CMNTY HSG &amp; ECON DEV COR</name>
        <lei>N/A</lei>
        <title>Texas Community Housing &amp; Economic Development Corp</title>
        <cusip>88231CAA7</cusip>
        <identifiers>
          <isin value="US88231CAA71"/>
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        <balance>1350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1242504.79000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <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>451566.74000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2054-07-01</maturityDt>
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          <annualizedRt>4.25000000</annualizedRt>
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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>04052BAK0</cusip>
        <identifiers>
          <isin value="US04052BAK08"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>126055.33000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>CAPITAL PROJS FIN AUTH FL EDUC</name>
        <lei>N/A</lei>
        <title>Capital Projects Finance Authority/FL</title>
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          <isin value="US14043RAA86"/>
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        <balance>925000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>927739.60000000</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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        <fairValLevel>2</fairValLevel>
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        <name>NEW JERSEY ST ECON DEV AUTH CH</name>
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        <name>PALISADE CO MET DIST #2 LIMITE</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-12-15</maturityDt>
          <couponKind>None</couponKind>
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        <name>BEAVER CNTY PA INDL DEV AUTH</name>
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        <title>Beaver County Industrial Development Authority</title>
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          <isin value="US074876HP18"/>
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        <curCd>USD</curCd>
        <valUSD>1106319.97000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-10-01</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>TAHOE-DOUGLAS VISITORS AUTH NV</name>
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        <title>Tahoe-Douglas Visitors Authority</title>
        <cusip>873816AR3</cusip>
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          <isin value="US873816AR37"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-07-01</maturityDt>
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        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
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          <isin value="US51265KAS78"/>
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        <curCd>USD</curCd>
        <valUSD>149821.95000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TRADITION CDD #9 FL SPL ASSMNT</name>
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        <title>Tradition Community Development District No 9</title>
        <cusip>89269NAG3</cusip>
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          <isin value="US89269NAG34"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>214283.45000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.65000000</annualizedRt>
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        <name>PUBLIC FIN AUTH WI CHRT SCH RE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>744396FT4</cusip>
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          <isin value="US744396FT49"/>
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        <balance>880000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>772536.23000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <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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        <curCd>USD</curCd>
        <valUSD>1041130.56000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-10-20</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>VOLUSIA CNTY FL EDUCTNL FAC AU</name>
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        <title>Volusia County Educational Facility Authority</title>
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          <isin value="US928836NY72"/>
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        <balance>705000.00000000</balance>
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        <valUSD>699742.51000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-06-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526YFD2</cusip>
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          <isin value="US74526YFD22"/>
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        <valUSD>373937.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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        <name>VIRGINIA BEACH VA DEV AUTH RSD</name>
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        <title>Virginia Beach Development Authority</title>
        <cusip>92774NBB5</cusip>
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          <isin value="US92774NBB55"/>
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        <balance>360000.00000000</balance>
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          <maturityDt>2053-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>CALIFORNIA ST MUNI FIN AUTH CH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority</title>
        <cusip>130486AJ2</cusip>
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          <isin value="US130486AJ23"/>
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        <balance>150000.00000000</balance>
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        <name>TENNESSEE ENERGY ACQUISITION C</name>
        <lei>549300OJ2Z8PGEY46K92</lei>
        <title>Tennessee Energy Acquisition Corp</title>
        <cusip>88044TAL3</cusip>
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          <isin value="US88044TAL35"/>
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        <balance>1750000.00000000</balance>
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        <name>MARION RANCH CDD FL SPL ASSMNT</name>
        <lei>N/A</lei>
        <title>Marion Ranch Community Development District</title>
        <cusip>570001AC1</cusip>
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          <isin value="US570001AC15"/>
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        <balance>285000.00000000</balance>
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          <maturityDt>2054-05-01</maturityDt>
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        <name>BASELINE MET DIST #1 CO SPL RE</name>
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        <title>Baseline Metropolitan District No 1</title>
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          <isin value="US069826AY15"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2054-12-15</maturityDt>
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          <annualizedRt>6.75000000</annualizedRt>
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        <name>PIMA CNTY AZ INDL DEV AUTH EDU</name>
        <lei>549300QDTQ25545R4K19</lei>
        <title>Industrial Development Authority of the County of Pima/The</title>
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          <isin value="US72177MRY56"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-07-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>GEISINGER PA AUTH HLTH SYS REV</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>VALPARAISO IN EXEMPT FACS REVE</name>
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          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>ARIZONA ST INDL DEV AUTH EDU R</name>
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          <isin value="US04052BBR42"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-07-01</maturityDt>
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        <name>DOYLESTOWN PA HOSP AUTH</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-07-01</maturityDt>
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        <name>PUBLIC FIN AUTH WI MF HSG REVE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74441XJH3</cusip>
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          <isin value="US74441XJH35"/>
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        <balance>720000.00000000</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>2065-07-01</maturityDt>
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      <invstOrSec>
        <name>NORTH AR-1 PASCO CDD FL CAPITA</name>
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          <isin value="US65725AAS33"/>
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          <maturityDt>2054-05-01</maturityDt>
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        <name>PUBLIC FIN AUTH WI CHRT SCH RE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>744396GB2</cusip>
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          <isin value="US744396GB22"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
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          <isin value="US51265KFZ66"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>GREENBRIAR CDD FL SPL ASSMNT R</name>
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          <isin value="US39364TAC80"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-05-01</maturityDt>
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        <name>YAMHILL CNTY OR HOSP AUTH</name>
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        <name>AMBER CREEK MET DIST CO</name>
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          <maturityDt>2047-12-01</maturityDt>
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        <name>PHILADELPHIA PA AUTH FOR INDL</name>
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        <name>POITRAS EAST CDD FL SPL ASSMNT</name>
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        <name>HILLCREST PRESERVE CDD FL SPL</name>
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          <maturityDt>2054-05-01</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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        <name>CELINA TX SPL ASSESSMENT REVEN</name>
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        <name>SANDRIDGE CMNTY DEV DIST FL SP</name>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MILTON DE SPL OBLIG</name>
        <lei>N/A</lei>
        <title>Town of Milton DE</title>
        <cusip>601792AB0</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.70000000</annualizedRt>
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      <invstOrSec>
        <name>BALTIMORE MD SPL OBLIG</name>
        <lei>N/A</lei>
        <title>City of Baltimore MD</title>
        <cusip>05923TCR8</cusip>
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          <isin value="US05923TCR86"/>
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        <curCd>USD</curCd>
        <valUSD>547693.60000000</valUSD>
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        <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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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526YDT9</cusip>
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          <isin value="US74526YDT91"/>
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        <curCd>USD</curCd>
        <valUSD>60312.50000000</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>2026-07-01</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>
      <invstOrSec>
        <name>BALTIMORE MD SPL OBLIG</name>
        <lei>N/A</lei>
        <title>City of Baltimore MD</title>
        <cusip>05923TDA4</cusip>
        <identifiers>
          <isin value="US05923TDA43"/>
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        <balance>170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>166875.03000000</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>2042-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>OSCEOLA CNTY FL TRANSPRTN REVE</name>
        <lei>N/A</lei>
        <title>County of Osceola FL Transportation Revenue</title>
        <cusip>688031FC2</cusip>
        <identifiers>
          <isin value="US688031FC22"/>
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        <balance>900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>263042.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-10-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BRIDGEVILLE DE SPL OBLIG</name>
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        <title>Town of Bridgeville DE</title>
        <cusip>108588AN4</cusip>
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          <isin value="US108588AN46"/>
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        <curCd>USD</curCd>
        <valUSD>98349.44000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PILOT POINT TX SPL ASSMNT REVE</name>
        <lei>N/A</lei>
        <title>City of Pilot Point TX</title>
        <cusip>721614BC8</cusip>
        <identifiers>
          <isin value="US721614BC87"/>
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        <curCd>USD</curCd>
        <valUSD>104741.09000000</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>6.37500000</annualizedRt>
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        <securityLending>
          <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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        <identifiers>
          <isin value="US220233AC41"/>
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        <balance>227000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>216902.56000000</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>6.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FATE TX SPL ASSESSMENT REVENUE</name>
        <lei>N/A</lei>
        <title>City of Fate TX</title>
        <cusip>31189RCR7</cusip>
        <identifiers>
          <isin value="US31189RCR75"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>96830.42000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <securityLending>
          <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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        <identifiers>
          <isin value="US130923BH74"/>
          <other otherDesc="SEDOL" value="BD0T074"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>85006.61000000</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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      <invstOrSec>
        <name>PUBLIC FIN AUTH WI REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74442PDD4</cusip>
        <identifiers>
          <isin value="US74442PDD42"/>
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        <balance>155000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>77500.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ORANGE CNTY FL HLTH FACS AUTH</name>
        <lei>N/A</lei>
        <title>Orange County Health Facilities Authority</title>
        <cusip>68450LJR7</cusip>
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          <isin value="US68450LJR78"/>
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        <balance>5145000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4669023.12000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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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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          <annualizedRt>5.75000000</annualizedRt>
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        <name>CROSSINGS CDD FL SPL ASSMNT</name>
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          <isin value="US22766NAG25"/>
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          <maturityDt>2054-05-01</maturityDt>
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        <name>MARICOPA CNTY INDL DEV AUTH EX</name>
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          <isin value="US56678TAA79"/>
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          <maturityDt>2047-10-15</maturityDt>
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        <name>LEE CNTY FL ARPT REVENUE</name>
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          <isin value="US523470HW56"/>
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          <maturityDt>2049-10-01</maturityDt>
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      <invstOrSec>
        <name>NEW YORK CITY NY TRANSITIONAL</name>
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          <isin value="US64971XKU18"/>
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        <curCd>USD</curCd>
        <valUSD>1600000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-08-01</maturityDt>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WI REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
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      </invstOrSec>
      <invstOrSec>
        <name>CORPUS CHRISTI TX SPL ASSMNT R</name>
        <lei>N/A</lei>
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          <isin value="US220233AB67"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-09-15</maturityDt>
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      <invstOrSec>
        <name>CORPUS CHRISTI TX SPL ASSMNT R</name>
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          <isin value="US220233AA84"/>
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        <curCd>USD</curCd>
        <valUSD>98965.68000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BASTROP TX SPL ASSMNT REVENUE</name>
        <lei>N/A</lei>
        <title>City of Bastrop TX</title>
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          <isin value="US070341AD48"/>
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        <curCd>USD</curCd>
        <valUSD>212720.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>COLORADO EDUCTNL &amp; CULTURAL AU</name>
        <lei>549300BJRX2FHSSZP042</lei>
        <title>Colorado Educational &amp; Cultural Facilities Authority</title>
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          <isin value="US19645UTU87"/>
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        <balance>3190000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3241135.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</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>
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          <isin value="US74526YDJ10"/>
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        <curCd>USD</curCd>
        <valUSD>77200.00000000</valUSD>
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        <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>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO SALES TAX FING COR</name>
        <lei>N/A</lei>
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          <isin value="US74529JQF56"/>
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        <balance>496000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>355369.17000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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        <name>OHIO ST PRIVATE ACTIVITY REVEN</name>
        <lei>5493005LEB5E170OMX59</lei>
        <title>State of Ohio</title>
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        <identifiers>
          <isin value="US67759YAQ08"/>
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        <balance>370000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>349540.05000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-06-30</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MORGANTOWN WV COMB UTILITY SYS</name>
        <lei>N/A</lei>
        <title>Morgantown Utility Board Inc</title>
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          <isin value="US61759CDF23"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PRINCETON TX SPL ASSMNT REVENU</name>
        <lei>N/A</lei>
        <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>
        <valUSD>144855.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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      <invstOrSec>
        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <title>Colorado Health Facilities Authority</title>
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          <isin value="US19648FTF17"/>
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        <balance>250000.00000000</balance>
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        <valUSD>213039.91000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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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          <isin value="US254842BC00"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-15</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WATERS EDGE MET DIST #2 CO</name>
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          <isin value="US94184VAA08"/>
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          <maturityDt>2051-12-01</maturityDt>
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        <name>ATLANTA GA DEV AUTH</name>
        <lei>N/A</lei>
        <title>Atlanta Development Authority/The</title>
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          <isin value="US04780NMW47"/>
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        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
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          <isin value="US51265KBT43"/>
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          <maturityDt>2048-05-01</maturityDt>
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        <name>ROSWELL GA DEV AUTH REVENUE</name>
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        <title>Roswell Development Authority</title>
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          <isin value="US77853AAA16"/>
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          <maturityDt>2047-04-01</maturityDt>
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        <name>PUBLIC FIN AUTH WI CHRT SCH RE</name>
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        <title>Public Finance Authority</title>
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          <isin value="US744396FX50"/>
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          <maturityDt>2055-06-15</maturityDt>
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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>
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        <identifiers>
          <isin value="US442349FZ40"/>
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        <balance>700000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CAPITAL TRUST AUTH FL EDUCTNL</name>
        <lei>N/A</lei>
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        <cusip>14054WBQ7</cusip>
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      </invstOrSec>
      <invstOrSec>
        <name>BREVARD CNTY FL HLTH FACS AUTH</name>
        <lei>N/A</lei>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>HOOVER AL INDL DEV BRD ENVNMNT</name>
        <lei>N/A</lei>
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        <cusip>439241AB6</cusip>
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          <isin value="US439241AB63"/>
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        <curCd>USD</curCd>
        <valUSD>1428418.53000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BASTROP TX SPL ASSMNT REVENUE</name>
        <lei>N/A</lei>
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        <cusip>070341AC6</cusip>
        <identifiers>
          <isin value="US070341AC64"/>
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        <curCd>USD</curCd>
        <valUSD>107950.59000000</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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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ST ECON DEV FINGA</name>
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        <title>Pennsylvania Economic Development Financing Authority</title>
        <cusip>708686DZ0</cusip>
        <identifiers>
          <isin value="US708686DZ05"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>499986.92000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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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>
        <identifiers>
          <isin value="US04052BAL80"/>
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        <balance>605000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>606824.90000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MARYLAND ST HLTH &amp; HGR EDUCTNL</name>
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        <title>Maryland Health &amp; Higher Educational Facilities Authority</title>
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          <isin value="US5742186N82"/>
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        <curCd>USD</curCd>
        <valUSD>1965987.49000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO CMWLTH</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico</title>
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          <isin value="US74514L3P07"/>
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        <curCd>USD</curCd>
        <valUSD>387620.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ANNA TX SPL ASSMNT REVENUE</name>
        <lei>N/A</lei>
        <title>City of Anna TX</title>
        <cusip>035713AW6</cusip>
        <identifiers>
          <isin value="US035713AW63"/>
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        <balance>315000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>312289.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</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>
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          <isin value="US74442PEW14"/>
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        <curCd>USD</curCd>
        <valUSD>16575.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW HOPE CULTURAL ED FACS FIN</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp</title>
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          <isin value="US64542UGG31"/>
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        <curCd>USD</curCd>
        <valUSD>800490.84000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MARION IL SALES TAX REVENUE</name>
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        <cusip>569498AB4</cusip>
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          <isin value="US569498AB42"/>
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        <curCd>USD</curCd>
        <valUSD>1094153.66000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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        <name>STAMFORD CT HSG AUTH</name>
        <lei>N/A</lei>
        <title>Stamford Housing Authority</title>
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          <isin value="US852640AL54"/>
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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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HOUSTON TX ARPT SYS REVENUE</name>
        <lei>N/A</lei>
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          <isin value="US4423487H50"/>
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        <balance>1500000.00000000</balance>
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          <maturityDt>2029-07-01</maturityDt>
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        <name>MASSACHUSETTS ST HSG FIN AGY</name>
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        <title>Massachusetts Housing Finance Agency</title>
        <cusip>57586NS44</cusip>
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          <isin value="US57586NS443"/>
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        <balance>310000.00000000</balance>
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          <maturityDt>2042-12-01</maturityDt>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <title>Colorado Health Facilities Authority</title>
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          <isin value="US19648FTH72"/>
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        <name>WISCONSIN ST HLTH &amp; EDUCTNL FA</name>
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          <isin value="US97712JJD63"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-08-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO CMWLTH</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico</title>
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        <name>CALIFORNIA SCH FIN AUTH SCH FA</name>
        <lei>N/A</lei>
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          <isin value="US13059TCT43"/>
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        <curCd>USD</curCd>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>DOUGLAS CNTY NE HOSP AUTH #3</name>
        <lei>N/A</lei>
        <title>Douglas County Hospital Authority No 3</title>
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          <isin value="US259234CJ98"/>
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        <curCd>USD</curCd>
        <valUSD>484689.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC FIN AUTH WI REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74442PDE2</cusip>
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          <isin value="US74442PDE25"/>
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        <curCd>USD</curCd>
        <valUSD>137500.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.85000000</annualizedRt>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WI EDU REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74442ELV0</cusip>
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          <isin value="US74442ELV01"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>299511.31000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <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>
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          <isin value="US14054CBV00"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>86743.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LOUISIANA PUB FACS AUTH REVENU</name>
        <lei>549300RQIPT5S4P4M065</lei>
        <title>Louisiana Public Facilities Authority</title>
        <cusip>546399UY0</cusip>
        <identifiers>
          <isin value="US546399UY07"/>
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        <balance>480000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>473878.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BERRY BAY II CDD FL SPL ASSMNT</name>
        <lei>N/A</lei>
        <title>Berry Bay II Community Development District</title>
        <cusip>08577DAC1</cusip>
        <identifiers>
          <isin value="US08577DAC11"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>217081.78000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.45000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAINT PAUL MN HSG &amp; REDEV AUTH</name>
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        <title>Housing &amp; Redevelopment Authority of The City of St Paul Minnesota</title>
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          <isin value="US852297CH13"/>
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        <balance>240000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>241828.18000000</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>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HARBOR BAY FL CDD CAPITAL IMPT</name>
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        <title>Harbor Bay Community Development District</title>
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          <isin value="US411466AK10"/>
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        <balance>370000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>342596.08000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-01</maturityDt>
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          <annualizedRt>3.70000000</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>
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          <isin value="US74526YCS28"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>WESTSIDE FL CDD SPL ASSMNT REV</name>
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          <isin value="US96149TAP12"/>
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        <fairValLevel>2</fairValLevel>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <title>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</title>
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        <name>BELLA COLLINA CDD FL SPL ASSMN</name>
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          <isin value="US07819AAC71"/>
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        <title>Wisconsin Housing &amp; Economic Development Authority</title>
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        <name>PUBLIC FIN AUTH WI EDU REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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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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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GOLDEN ST TOBACCO SECURITIZATI</name>
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        <title>Golden State Tobacco Securitization Corp</title>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WI CHRT SCH RE</name>
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      <invstOrSec>
        <name>TRADITION CDD #9 FL SPL ASSMNT</name>
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          <isin value="US89269NAF50"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-05-01</maturityDt>
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          <annualizedRt>5.40000000</annualizedRt>
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      <invstOrSec>
        <name>CYPRESS CREEK RESERVE CDD FL S</name>
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          <isin value="US23274FAC14"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>CSCDA CMNTY IMPT AUTH CA ESSEN</name>
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          <isin value="US126292AU53"/>
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        <curCd>USD</curCd>
        <valUSD>156069.72000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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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>141277.06000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2058-06-15</maturityDt>
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      <invstOrSec>
        <name>TROUT CREEK CDD FL CAPITAL IMP</name>
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          <isin value="US897188AE80"/>
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        <curCd>USD</curCd>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>ALLENTOWN PA NEIGHBORHOOD IMPT</name>
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          <isin value="US018444CD90"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-01</maturityDt>
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        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
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          <isin value="US51265KCR77"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-01</maturityDt>
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          <annualizedRt>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>SEAGOVILLE TX SPL ASSMNT REVEN</name>
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          <isin value="US811829AG50"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-09-15</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>SEMINOLE PALMS FL CDD SPL ASSM</name>
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          <isin value="US816775AF70"/>
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        <name>BALLSTON QUARTER CMNTY DEV AUT</name>
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          <maturityDt>2059-03-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>CALIFORNIA ST STWD FING AUTH T</name>
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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="US74526YDV48"/>
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          <maturityDt>2027-07-01</maturityDt>
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        <name>W VLGS FL IMPT DIST</name>
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          <isin value="US956454CM22"/>
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          <maturityDt>2054-05-01</maturityDt>
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        <name>PUERTO RICO INDL TOURIST EDUCT</name>
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          <maturityDt>2045-01-01</maturityDt>
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        <name>SKYRIDGE PEGASUS INFRASTRUCTUR</name>
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          <isin value="US83089AAA51"/>
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      <invstOrSec>
        <name>JAMES CITY CNTY VA ECON DEV AU</name>
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          <isin value="US47029WEG87"/>
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          <maturityDt>2058-12-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>THE CHILDRENS TRUST FUND PR TO</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>CLUB MUNI MGMT DIST #1 TX SPL</name>
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      <invstOrSec>
        <name>ILLINOIS ST TOLL HIGHWAY AUTH</name>
        <lei>549300ISBFGI8MJJKM98</lei>
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          <isin value="US452252PY92"/>
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          <maturityDt>2046-01-01</maturityDt>
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      <invstOrSec>
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        <valUSD>458239.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-12-01</maturityDt>
          <couponKind>Variable</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MET GOVT NASHVILLE &amp; DAVIDSONC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>NORTH CAROLINA ST HSG FIN AGY</name>
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          <isin value="US658207T888"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-07-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>ANTILLIA CDD FL SPL ASSMNT</name>
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          <isin value="US03706FAC14"/>
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        <valUSD>221566.82000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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          <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>
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          <isin value="US74526YFE05"/>
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        <balance>1795000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>866087.50000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-01</maturityDt>
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          <annualizedRt>7.00000000</annualizedRt>
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        <name>INDIANAPOLIS IN LOCAL PUBLIC I</name>
        <lei>549300LX8ESJHDSESB87</lei>
        <title>Indianapolis Local Public Improvement Bond Bank</title>
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          <isin value="US45528U6X43"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>416167.11000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WESTCHESTER NY TOBACCO ASSET S</name>
        <lei>N/A</lei>
        <title>Westchester Tobacco Asset Securitization Corp</title>
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          <isin value="US957480BS49"/>
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        <balance>670000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>546664.58000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WI REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
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          <isin value="US74442PPT65"/>
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        <balance>650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>618888.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-01</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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        <name>GRAND FORKS ND HLTH CARE SYS R</name>
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        <valUSD>346870.37000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>W VLGS FL IMPT DIST</name>
        <lei>N/A</lei>
        <title>West Villages Improvement District</title>
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          <annualizedRt>4.75000000</annualizedRt>
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        <name>NORTH RANGE MET DIST #3 CO</name>
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        <name>MOBILE CNTY AL INDL DEV AUTH S</name>
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          <isin value="US60733UAA97"/>
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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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        <name>CELINA TX SPL ASSESSMENT REVEN</name>
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        <name>NEW YORK CNTYS NY TOBACCO TRUS</name>
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        <name>ESCAMBIA CNTY FL HLTH FACS AUT</name>
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      <invstOrSec>
        <name>TOBACCO SETTLEMENT FING CORP R</name>
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        <name>UTAH ST CHRT SCH FIN AUTH CHRT</name>
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        <name>NEW YORK CITY NY HSG DEV CORP</name>
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        <name>SUFFOLK REGL OFF-TRACK BETTING</name>
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      <invstOrSec>
        <name>DENTON CNTY TX SPL ASSMNT REVE</name>
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      <invstOrSec>
        <name>DEL VALLE TX INDEP SCH DIST</name>
        <lei>N/A</lei>
        <title>Del Valle Independent School District TX</title>
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          <isin value="US245505XT43"/>
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        <curCd>USD</curCd>
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          <maturityDt>2047-06-15</maturityDt>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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          <isin value="US74526YFP51"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2018-07-01</maturityDt>
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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="US05923TCN72"/>
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        <curCd>USD</curCd>
        <valUSD>461539.42000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.30000000</annualizedRt>
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        <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="US51779CAN56"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-12-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>SIERRA VISTA AZ INDL DEV AUTH</name>
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          <isin value="US82652UAV44"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
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          <isin value="US51265KBS69"/>
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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>2039-05-01</maturityDt>
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          <annualizedRt>5.30000000</annualizedRt>
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      <invstOrSec>
        <name>PIONEER RANCH CDD FL SPL ASSMN</name>
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        <title>Pioneer Ranch Community Development District</title>
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          <isin value="US723846AC50"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <annualizedRt>5.30000000</annualizedRt>
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      <invstOrSec>
        <name>TOBACCO SETTLEMENT FING CORP N</name>
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          <isin value="US888808HT28"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>WINDWARD AT LAKEWOOD RANCH CDD</name>
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        <name>KANSAS CITY MO INDL DEV AUTH S</name>
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        <name>BLACK BELT ENERGY GAS DIST AL</name>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2051-06-01</maturityDt>
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        <name>HARDIN CNTY OH ECON DEV FACILI</name>
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          <isin value="US412003AB19"/>
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        <name>PUERTO RICO INDL TOURIST EDUCT</name>
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        <title>Puerto Rico Industrial Tourist Educational Medical &amp; Envirml Ctl Facs Fing Auth</title>
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        <fairValLevel>2</fairValLevel>
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        <name>CAPITAL PROJS FIN AUTH FL EDUC</name>
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          <isin value="US14043RAC43"/>
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        <name>GARDENS AT HAMMOCK BEACH CDD F</name>
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          <maturityDt>2055-05-01</maturityDt>
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      <invstOrSec>
        <name>UTAH ST CHRT SCH FIN AUTH CHRT</name>
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        <name>BUCKEYE OH TOBACCO SETTLEMENT</name>
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        <lei>549300FO1LWVSZKGJK70</lei>
        <title>Iowa Student Loan Liquidity Corp</title>
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          <isin value="US462590MT43"/>
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        <valUSD>1522727.66000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-12-01</maturityDt>
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          <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>
        <cusip>72177MRX7</cusip>
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          <isin value="US72177MRX73"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-07-01</maturityDt>
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      <invstOrSec>
        <name>ARIZONA ST INDL DEV AUTH EDU R</name>
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        <title>Arizona Industrial Development Authority</title>
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          <isin value="US04052BLP75"/>
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        <curCd>USD</curCd>
        <valUSD>906779.32000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.10000000</annualizedRt>
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      <invstOrSec>
        <name>CHICAGO IL TRANSIT AUTH SALES</name>
        <lei>N/A</lei>
        <title>Chicago Transit Authority Sales Tax Receipts Fund</title>
        <cusip>16772PEP7</cusip>
        <identifiers>
          <isin value="US16772PEP71"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2998792.42000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTH CAROLINA ST JOBS-ECON DE</name>
        <lei>5493006X47I9VG3DL112</lei>
        <title>South Carolina Jobs-Economic Development Authority</title>
        <cusip>837031H97</cusip>
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          <isin value="US837031H972"/>
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        <balance>1315000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1277157.63000000</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>2060-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FLORIDA ST DEV FIN CORP SOL WS</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp</title>
        <cusip>34061XAF9</cusip>
        <identifiers>
          <isin value="US34061XAF96"/>
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        <balance>1375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1390659.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.12500000</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>CSCDA CMNTY IMPT AUTH CA ESSEN</name>
        <lei>N/A</lei>
        <title>CSCDA Community Improvement Authority</title>
        <cusip>126292BC4</cusip>
        <identifiers>
          <isin value="US126292BC47"/>
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        <balance>505000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>358619.89000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-03-01</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>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"/>
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        <balance>290000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>269106.62000000</valUSD>
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        <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>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WASHINGTON ST HSG FIN COMMISSI</name>
        <lei>549300YL1HU59NREG764</lei>
        <title>Washington State Housing Finance Commission</title>
        <cusip>939783U61</cusip>
        <identifiers>
          <isin value="US939783U614"/>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>144930.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526YER2</cusip>
        <identifiers>
          <isin value="US74526YER27"/>
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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>2019-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOWER MAGNOLIA GREEN VA CMNTY</name>
        <lei>N/A</lei>
        <title>Lower Magnolia Green Community Development Authority</title>
        <cusip>548207AB5</cusip>
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          <isin value="US548207AB55"/>
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        <balance>230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>228118.11000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LT RANCH CDD FL CAPITAL IMPT R</name>
        <lei>N/A</lei>
        <title>LT Ranch Community Development District</title>
        <cusip>54912EAP8</cusip>
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          <isin value="US54912EAP88"/>
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        <balance>205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>206418.96000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INDEPENDENCE MET DIST #3 CO</name>
        <lei>N/A</lei>
        <title>Independence Metropolitan District No 3</title>
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          <isin value="US453625AD76"/>
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        <balance>680000.00000000</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>2054-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
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          <isin value="US51265KBR86"/>
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          <maturityDt>2029-05-01</maturityDt>
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        <name>GRAND OAKS CDD FL SPL ASSMNT R</name>
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        <title>Grand Oaks Community Development District</title>
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          <isin value="US38611CAH79"/>
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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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          <maturityDt>2027-07-01</maturityDt>
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        <name>PUBLIC FIN AUTH WI REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
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          <isin value="US74442PP662"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>MILTON DE SPL OBLIG</name>
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        <balance>300000.00000000</balance>
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        <valUSD>301325.41000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-09-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JAMES CITY CNTY VA ECON DEV AU</name>
        <lei>N/A</lei>
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          <isin value="US47029WEK99"/>
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        <balance>250000.00000000</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>2027-12-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO IL BRD OF EDU</name>
        <lei>54930099NR6T9V7LVB43</lei>
        <title>Chicago Board of Education</title>
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          <isin value="US167505PL47"/>
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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>2042-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HENDERSON KY EXEMPT FACS REVEN</name>
        <lei>549300UJ32J1O26W1T80</lei>
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        <cusip>425099AB4</cusip>
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          <isin value="US425099AB40"/>
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        <balance>1895000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1714589.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KANSAS CITY MO LAND CLEARANCE</name>
        <lei>N/A</lei>
        <title>Kansas City Land Clearance Redevelopment Authority</title>
        <cusip>48504MAC5</cusip>
        <identifiers>
          <isin value="US48504MAC55"/>
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        <balance>260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>253789.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WI MENTAL HLTH</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74443XAC1</cusip>
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          <isin value="US74443XAC11"/>
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        <balance>1060000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>703226.93000000</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>2051-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CELINA TX SPL ASSESSMENT REVEN</name>
        <lei>N/A</lei>
        <title>City of Celina TX</title>
        <cusip>15114CKR4</cusip>
        <identifiers>
          <isin value="US15114CKR42"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>103556.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <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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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>122462.73000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REFLECTION BAY CDD FL SPL ASSM</name>
        <lei>N/A</lei>
        <title>Reflection Bay Community Development District</title>
        <cusip>75865NAC9</cusip>
        <identifiers>
          <isin value="US75865NAC92"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>125237.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</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>74526YCT0</cusip>
        <identifiers>
          <isin value="US74526YCT01"/>
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        <balance>190000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>91675.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>
        <cusip>882667BX5</cusip>
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          <isin value="US882667BX54"/>
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        <balance>1050000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1073697.66000000</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>2058-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>CALIFORNIA PUBLIC FIN AUTH SEN</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority</title>
        <cusip>13057GAQ2</cusip>
        <identifiers>
          <isin value="US13057GAQ29"/>
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        <balance>2250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2017745.59000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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        <name>CAPITAL TRUST AGY FL EDUCTNL F</name>
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          <isin value="US14054CBR97"/>
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        <balance>420000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>311176.45000000</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>2054-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <name>CAPITAL TRUST AGY FL EDUCTNL F</name>
        <lei>549300F49UWS7X0OGQ59</lei>
        <title>Capital Trust Agency Inc</title>
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          <isin value="US14054CCB37"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-12-15</maturityDt>
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          <annualizedRt>5.00000000</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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        <balance>2020000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2231530.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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        <name>LORETTO HEIGHTS CMNTY AUTH CO</name>
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        <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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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>VIRGINIA BEACH VA DEV AUTH RSD</name>
        <lei>N/A</lei>
        <title>Virginia Beach Development Authority</title>
        <cusip>92774NBF6</cusip>
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          <isin value="US92774NBF69"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>237510.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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      <invstOrSec>
        <name>INLAND EMPIRE CA TOBACCO SECUR</name>
        <lei>N/A</lei>
        <title>Inland Empire Tobacco Securitization Corp</title>
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          <isin value="US45734TAD63"/>
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        <balance>3845000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1748639.39000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>CYPRESS CREEK RESERVE CDD FL S</name>
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        <name>LOWERY HILLS CDD FL SPL ASSMNT</name>
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        <name>Sabine-Neches Navigation District</name>
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          <maturityDt>2052-02-15</maturityDt>
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        <name>MOHEGAN TRIBAL CT FIN AUTH</name>
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          <isin value="US608327AA04"/>
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          <maturityDt>2045-02-01</maturityDt>
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        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
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          <isin value="US51265KCE64"/>
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        <name>WOOD RANCH PUB INFRASTRUCTURE</name>
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        <name>BALTIMORE MD SPL OBLIG</name>
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          <isin value="US05923TCM99"/>
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          <maturityDt>2031-06-01</maturityDt>
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      <invstOrSec>
        <name>UTAH ST CHRT SCH FIN AUTH CHRT</name>
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          <maturityDt>2055-06-15</maturityDt>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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          <maturityDt>2060-06-30</maturityDt>
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        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <name>PRINCETON TX SPL ASSMNT REVENU</name>
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        <name>CRANDALL TX SPL ASSMNT REVENUE</name>
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          <annualizedRt>4.50000000</annualizedRt>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
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        <cusip>19648FWU4</cusip>
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          <isin value="US19648FWU47"/>
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        <curCd>USD</curCd>
        <valUSD>308440.79000000</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>2052-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>BEAUMONT TX HSG AUTH RSDL DEV</name>
        <lei>N/A</lei>
        <title>Beaumont Housing Authority</title>
        <cusip>07451AAA4</cusip>
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          <isin value="US07451AAA43"/>
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        <balance>345000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>335157.45000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>CORAL CREEK CDD FL SPL ASSMNT</name>
        <lei>N/A</lei>
        <title>Coral Creek Community Development District</title>
        <cusip>217766AC8</cusip>
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          <isin value="US217766AC83"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>140444.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NATIONAL FIN AUTH NH SPL REVEN</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority</title>
        <cusip>63608TAS9</cusip>
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          <isin value="US63608TAS96"/>
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        <balance>1240000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1244345.75000000</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>Fixed</couponKind>
          <annualizedRt>5.87500000</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>FLORIDA ST DEV FIN CORP</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp</title>
        <cusip>340618DR5</cusip>
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          <isin value="US340618DR59"/>
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        <balance>1960000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1917260.63000000</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>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
        <lei>N/A</lei>
        <title>Maricopa County Industrial Development Authority</title>
        <cusip>56678RAK9</cusip>
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          <isin value="US56678RAK95"/>
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        <balance>280000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>252653.02000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEWARK HGR EDU FIN CORP TX EDU</name>
        <lei>N/A</lei>
        <title>Newark Higher Education Finance Corp</title>
        <cusip>650346BW8</cusip>
        <identifiers>
          <isin value="US650346BW89"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>300358.04000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FLORIDA ST DEV FIN CORP EDUCTN</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp</title>
        <cusip>34061UBQ0</cusip>
        <identifiers>
          <isin value="US34061UBQ04"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45005.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SALEM OR HOSP FAC AUTH REVENUE</name>
        <lei>N/A</lei>
        <title>Salem Hospital Facility Authority</title>
        <cusip>794458FX2</cusip>
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          <isin value="US794458FX27"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4198415.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-05-15</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>COOK CNTY IL MF HSG REVENUE</name>
        <lei>N/A</lei>
        <title>County of Cook IL</title>
        <cusip>213226AE3</cusip>
        <identifiers>
          <isin value="US213226AE35"/>
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        <balance>1125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1142066.83000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KANSAS CITY MO INDL DEV AUTH S</name>
        <lei>549300QWDXL46XQC8110</lei>
        <title>Kansas City Industrial Development Authority</title>
        <cusip>48504LAE3</cusip>
        <identifiers>
          <isin value="US48504LAE39"/>
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        <balance>51924.39527000</balance>
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        <curCd>USD</curCd>
        <valUSD>2387.36000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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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>271524AY6</cusip>
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          <isin value="US271524AY61"/>
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        <balance>705000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>573187.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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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>
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          <isin value="US271524AT76"/>
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        <balance>695000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>606703.26000000</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>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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        <name>PUBLIC FIN AUTH WI REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
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          <isin value="US74442PTG09"/>
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        <balance>680000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>525773.35000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-03-31</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>SOUTHEAST ENERGY AUTH AL COMMO</name>
        <lei>25490090A3RLJHITY273</lei>
        <title>Southeast Energy Authority A Cooperative District</title>
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          <isin value="US84136FAH01"/>
          <other otherDesc="SEDOL" value="BMDTSY7"/>
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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>2051-11-01</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="US74526YBT10"/>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>77200.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2018-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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          <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>
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          <isin value="US04110FAB13"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>354132.72000000</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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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>IOWA ST FIN AUTH REVENUE</name>
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          <isin value="US46247SFV16"/>
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        <name>SOUTHEAST ENERGY AUTHORITY A C</name>
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          <isin value="US84136HBC60"/>
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        <debtSec>
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        <name>BUCKHEAD TRAILS CDD FL SPL ASS</name>
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          <isin value="US11836UAF75"/>
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        <name>LAS VEGAS NV SPL IMPT DIST NO</name>
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        <name>NATIONAL FIN AUTH NH SPL REVEN</name>
        <lei>N/A</lei>
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        <name>FLORIDA ST DEV FIN CORP</name>
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          <isCashCollateral>N</isCashCollateral>
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        <name>BALTIMORE MD SPL OBLIG</name>
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        <cusip>05923TCP2</cusip>
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          <isin value="US05923TCP21"/>
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        <curCd>USD</curCd>
        <valUSD>493878.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.35000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
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          <isin value="US51265KFS24"/>
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        <curCd>USD</curCd>
        <valUSD>98823.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.30000000</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>HOUSTON TX ARPT SYS REVENUE</name>
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        <title>City of Houston TX Airport System Revenue</title>
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          <isin value="US442349HZ22"/>
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        <balance>410000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>423369.57000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-15</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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      <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="US74526YDA01"/>
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        <balance>395000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>190587.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>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>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SIERRA VISTA AZ INDL DEV AUTH</name>
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          <isin value="US82652UAQ58"/>
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        <balance>445000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>452505.81000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CREEKWALK MARKETPLACE BUSINESS</name>
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        <title>Creekwalk Marketplace Business Improvement District</title>
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          <isin value="US225515AJ42"/>
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        <balance>2025000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1844949.39000000</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>6.00000000</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>74526YBV6</cusip>
        <identifiers>
          <isin value="US74526YBV65"/>
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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>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2017-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WASHINGTON ST HSG FIN COMMISSI</name>
        <lei>549300YL1HU59NREG764</lei>
        <title>Washington State Housing Finance Commission</title>
        <cusip>939783VW3</cusip>
        <identifiers>
          <isin value="US939783VW33"/>
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        <balance>1935000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1786170.11000000</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>2043-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ST VRAIN LAKES MET DIST NO 4</name>
        <lei>N/A</lei>
        <title>St Vrain Lakes Metropolitan District No 4</title>
        <cusip>85237KAA9</cusip>
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          <isin value="US85237KAA97"/>
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        <balance>765000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>547081.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-09-20</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>NATIONAL FIN AUTH NH SPL REVEN</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority</title>
        <cusip>63608TAW0</cusip>
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          <isin value="US63608TAW09"/>
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        <balance>395000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>399002.32000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.95000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MUNI ELEC AUTH OF GA</name>
        <lei>JA0WNILDDF2KUPS83B16</lei>
        <title>Municipal Electric Authority of Georgia</title>
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          <isin value="US62620HEL24"/>
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        <balance>645000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>638649.55000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WASHINGTON ST HSG FIN COMMISSI</name>
        <lei>549300YL1HU59NREG764</lei>
        <title>Washington State Housing Finance Commission</title>
        <cusip>939783U20</cusip>
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          <isin value="US939783U200"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100019.62000000</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>2059-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>BUILD NYC RESOURCE CORP NY SOL</name>
        <lei>549300GROJFKMNLWEK84</lei>
        <title>Build NYC Resource Corp</title>
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          <isin value="US12008HAC34"/>
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        <balance>485000.00000000</balance>
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        <valUSD>485049.44000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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          <isin value="US74529JPW98"/>
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        <balance>3377000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-07-01</maturityDt>
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          <annualizedRt>4.75000000</annualizedRt>
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        <name>FLORIDA ST DEV FIN CORP SENIOR</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp</title>
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          <isin value="US34061WBM55"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>235444.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>MICHIGAN ST STRATEGIC FUND LTD</name>
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        <title>Michigan Strategic Fund</title>
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          <isin value="US594698PM89"/>
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        <balance>210000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>200934.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
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        <name>COLORADO ST EDUCTNL &amp; CULTURAL</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MINNESOTA ST HSG FIN AGY</name>
        <lei>549300R89XDTQBK4GE22</lei>
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          <isin value="US60416TYA05"/>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-01-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CAPITAL TRUST AGY FL REVENUE</name>
        <lei>549300F49UWS7X0OGQ59</lei>
        <title>Capital Trust Agency Inc</title>
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          <isin value="US14052WDK09"/>
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        <curCd>USD</curCd>
        <valUSD>1282758.83000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK CITY NY MUNI WTR FIN</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>New York City Municipal Water Finance Authority</title>
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          <isin value="US64972F2J42"/>
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        <curCd>USD</curCd>
        <valUSD>7850000.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CANYONS MET DIST #5 CO</name>
        <lei>N/A</lei>
        <title>Canyons Metropolitan District No 5</title>
        <cusip>139071AZ7</cusip>
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          <isin value="US139071AZ74"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>498597.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO CMWLTH</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico</title>
        <cusip>74514L4G9</cusip>
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          <isin value="US74514L4G98"/>
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        <balance>14563121.57110000</balance>
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        <curCd>USD</curCd>
        <valUSD>7703844.31000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01000000</annualizedRt>
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          <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>
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          <isin value="US74526YFG52"/>
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        <curCd>USD</curCd>
        <valUSD>84437.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST HLTH CARE FACS F</name>
        <lei>N/A</lei>
        <title>New Jersey Health Care Facilities Financing Authority</title>
        <cusip>645790QD1</cusip>
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          <isin value="US645790QD11"/>
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        <balance>1065000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>935639.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DIST OF COLUMBIA REVENUE</name>
        <lei>549300HWFOZXPKGOX654</lei>
        <title>District of Columbia</title>
        <cusip>25483VQY3</cusip>
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          <isin value="US25483VQY38"/>
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        <balance>580000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>543563.31000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EAST CENTRL VT TELECOMMUNICATI</name>
        <lei>549300UHVQS0JED3EZ33</lei>
        <title>East Central Vermont Telecommunications District</title>
        <cusip>271524BA7</cusip>
        <identifiers>
          <isin value="US271524BA76"/>
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        <balance>785000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>823023.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BREVARD CNTY FL HLTH FACS AUTH</name>
        <lei>N/A</lei>
        <title>Brevard County Health Facilities Authority</title>
        <cusip>107416PG8</cusip>
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          <isin value="US107416PG89"/>
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        <balance>510000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>507643.62000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>CALIFORNIA HSG FIN AGY LTD OBL</name>
        <lei>549300BOPCVLBA552Z14</lei>
        <title>California Housing Finance Agency</title>
        <cusip>13034DAV6</cusip>
        <identifiers>
          <isin value="US13034DAV64"/>
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        <balance>1575000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1577199.94000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2067-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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        <name>PENNSYLVANIA ST ECON DEV FING</name>
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          <isin value="US70868YAW93"/>
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        <balance>770000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-06-30</maturityDt>
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        <name>OAK POINT TX SPL ASSMNT REVENU</name>
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        <title>City of Oak Point TX</title>
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          <isin value="US67176TBA07"/>
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          <maturityDt>2054-09-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>BALLSTON QUARTER CMNTY DEV AUT</name>
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          <isin value="US058696AH81"/>
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          <maturityDt>2046-03-01</maturityDt>
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        <name>HOUSTON TX ARPT SYS REVENUE</name>
        <lei>N/A</lei>
        <title>City of Houston TX Airport System Revenue</title>
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          <isin value="US442349DJ26"/>
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        <invCountry>US</invCountry>
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        <name>SAINT LOUIS MO INDL DEV AUTH T</name>
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          <isin value="US85237JAB08"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-06-15</maturityDt>
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        <name>PRINCETON TX SPL ASSMNT REVENU</name>
        <lei>N/A</lei>
        <title>City of Princeton TX</title>
        <cusip>742400DA9</cusip>
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          <isin value="US742400DA99"/>
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        <balance>95000.00000000</balance>
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        <valUSD>93463.53000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-09-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NORMANDY CDD FL CAPITAL IMPT R</name>
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      <invstOrSec>
        <name>TEXAS ST PRIV ACTIVITY BOND SU</name>
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          <isin value="US882667AN81"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FOREST LAKE MN CHARTER SCH LEA</name>
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      <invstOrSec>
        <name>BUILD NYC RESOURCE CORP NY REV</name>
        <lei>549300GROJFKMNLWEK84</lei>
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          <isin value="US12008EVB90"/>
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        <curCd>USD</curCd>
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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>PUBLIC FIN AUTH WI CHRT SCH RE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>744396GY2</cusip>
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          <isin value="US744396GY25"/>
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        <curCd>USD</curCd>
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          <maturityDt>2051-06-15</maturityDt>
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      <invstOrSec>
        <name>HICKORY CHASE OH CMNTY AUTH IN</name>
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          <isin value="US428861AD06"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isin value="US74514L3K10"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-01</maturityDt>
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        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
        <lei>254900I3VDCQ58UGBR15</lei>
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          <isin value="US592250DN11"/>
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          <maturityDt>2050-06-15</maturityDt>
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      <invstOrSec>
        <name>California Housing Finance Age</name>
        <lei>549300BOPCVLBA552Z14</lei>
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          <isin value="US13033DAJ46"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-20</maturityDt>
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      <invstOrSec>
        <name>CELEBRATION POINTE CMNTY DEV D</name>
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          <isin value="US15102HAC16"/>
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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>DIST OF COLUMBIA TOBACCO SETTL</name>
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        <name>HEMPSTEAD TOWN NY LOCAL DEV CO</name>
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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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        <name>LAKES OF SARASOTA CDD 2 CAPITA</name>
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        <name>PUBLIC FIN AUTH WI CHRT SCH RE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
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        <name>OKLAHOMA ST DEV FIN AUTH HLTHS</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CREEKWALK MARKETPLACE BUSINESS</name>
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        <name>CAPITAL PROJS FIN AUTH FL EDUC</name>
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          <isin value="US742400CR34"/>
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        <name>HASTINGS CAMPUS HSG FIN AUTH C</name>
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          <isin value="US418338AC37"/>
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        <name>KING CNTY WA PUBLIC HOSP DIST</name>
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          <isin value="US494794FB15"/>
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        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
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          <isin value="US56678PAR82"/>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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          <isin value="US74526YCY95"/>
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        <name>PARRISH PLANTATION CMNTY DEV D</name>
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          <isin value="US701830AL53"/>
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        <name>ESCAMBIA CNTY FL HLTH FACS AUT</name>
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          <isin value="US296110GD59"/>
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      <invstOrSec>
        <name>JEFFERSON CNTY AL SWR REVENUE</name>
        <lei>N/A</lei>
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          <isin value="US472682ZR71"/>
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        <curCd>USD</curCd>
        <valUSD>3051748.11000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PARRISH LAKES CDD CAPITAL IMPT</name>
        <lei>N/A</lei>
        <title>Parrish Lakes Community Development District</title>
        <cusip>70183FAJ7</cusip>
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          <isin value="US70183FAJ75"/>
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        <curCd>USD</curCd>
        <valUSD>449249.66000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.80000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BUCKEYE OH TOBACCO SETTLEMENT</name>
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        <title>Buckeye Tobacco Settlement Financing Authority</title>
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          <isin value="US118217DA38"/>
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        <curCd>USD</curCd>
        <valUSD>1352616.28000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-06-01</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>PRESERVE AT S BRANCH CDD FL SP</name>
        <lei>N/A</lei>
        <title>Preserve at South Branch Community Development District</title>
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          <isin value="US74082PAF71"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>194882.90000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</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>
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          <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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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>CAPITAL TRUST AGY FL EDUCTNL F</name>
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          <isin value="US14054CEH88"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FLORIDA ST DEV FIN CORP</name>
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          <isin value="US340618DY01"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-07-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>10.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CSCDA CMNTY IMPT AUTH CA ESSEN</name>
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        <title>CSCDA Community Improvement Authority</title>
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          <isin value="US126292BX83"/>
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        <balance>265000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2058-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <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>74526YEA9</cusip>
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          <isin value="US74526YEA91"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19300.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST ECON DEV FING</name>
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        <title>Pennsylvania Economic Development Financing Authority</title>
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        <balance>490000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>505138.18000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-06-30</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>RIVERPARK MET DIST CO LIMITED</name>
        <lei>N/A</lei>
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        <balance>500000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-12-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PUBLIC FIN AUTH WI CHRT SCH RE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
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          <isin value="US744396HF27"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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        <name>ARLINGTON TX HGR EDU FIN CORP</name>
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          <isin value="US041807BH09"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2062-11-01</maturityDt>
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        <name>New York State Dormitory Authority</name>
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          <maturityDt>2054-03-15</maturityDt>
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        <name>Port Authority of New York &amp; New Jersey</name>
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        <name>SHADOWLAWN CDD FL SPL ASSMNT R</name>
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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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        <name>EAGAN MN CHRTR SCH LEASE REVEN</name>
        <lei>N/A</lei>
        <title>City of Eagan MN</title>
        <cusip>26940AAB1</cusip>
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          <isin value="US26940AAB17"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>91379.46000000</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>2055-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST THRUWAY AUTH GEN R</name>
        <lei>N/A</lei>
        <title>New York State Thruway Authority</title>
        <cusip>650010CJ8</cusip>
        <identifiers>
          <isin value="US650010CJ80"/>
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        <balance>1190000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1064562.19000000</valUSD>
        <pctVal>0.223008812378</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COASTAL RIDGE CDD FL SPL ASSMN</name>
        <lei>N/A</lei>
        <title>Coastal Ridge Community Development District</title>
        <cusip>19052TAD5</cusip>
        <identifiers>
          <isin value="US19052TAD54"/>
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        <balance>465000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>464175.66000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PRINCETON TX SPL ASSMNT REVENU</name>
        <lei>N/A</lei>
        <title>City of Princeton TX</title>
        <cusip>742400CP7</cusip>
        <identifiers>
          <isin value="US742400CP77"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>50143.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HOUSTON TX ARPT SYS REVENUE</name>
        <lei>N/A</lei>
        <title>City of Houston TX Airport System Revenue</title>
        <cusip>4423487R3</cusip>
        <identifiers>
          <isin value="US4423487R33"/>
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        <balance>395000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>394627.43000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ALLENTOWN PA NEIGHBORHOOD IMPT</name>
        <lei>N/A</lei>
        <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>96774.83000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EAST PT GA BUSINESS &amp; INDL DEV</name>
        <lei>N/A</lei>
        <title>East Point Business &amp; Industrial Development Authority</title>
        <cusip>274502AA1</cusip>
        <identifiers>
          <isin value="US274502AA10"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>101250.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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>W VLGS FL IMPT DIST</name>
        <lei>N/A</lei>
        <title>West Villages Improvement District</title>
        <cusip>956454BK7</cusip>
        <identifiers>
          <isin value="US956454BK74"/>
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        <balance>290000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>270122.39000000</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>2050-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OKLAHOMA ST DEV FIN AUTH</name>
        <lei>549300PXGPHUWC32DJ91</lei>
        <title>Oklahoma Development Finance Authority</title>
        <cusip>6789083V4</cusip>
        <identifiers>
          <isin value="US6789083V45"/>
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        <balance>3290000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3196268.18000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IOWA ST FIN AUTH HLTH FACS REV</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>Iowa Finance Authority</title>
        <cusip>462466FZ1</cusip>
        <identifiers>
          <isin value="US462466FZ11"/>
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        <balance>570000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>493065.79000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-08-15</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>WASHINGTON ST HSG FIN COMMISSI</name>
        <lei>549300YL1HU59NREG764</lei>
        <title>Washington State Housing Finance Commission</title>
        <cusip>93978LGG5</cusip>
        <identifiers>
          <isin value="US93978LGG59"/>
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        <balance>310000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>274710.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-07-01</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>
      <invstOrSec>
        <name>NATIONAL FIN AUTH NH SPL REVEN</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority</title>
        <cusip>63608TAK6</cusip>
        <identifiers>
          <isin value="US63608TAK60"/>
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        <balance>1245000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1240862.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>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>PIMA CNTY AZ INDL DEV AUTH EDU</name>
        <lei>549300QDTQ25545R4K19</lei>
        <title>Industrial Development Authority of the County of Pima/The</title>
        <cusip>72177MTQ0</cusip>
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          <isin value="US72177MTQ05"/>
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        <balance>295000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>234090.89000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-07-01</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>MIDA MOUNTAIN VLG PUBLIC INFRA</name>
        <lei>N/A</lei>
        <title>Mida Mountain Village Public Infrastructure District</title>
        <cusip>59561UAC4</cusip>
        <identifiers>
          <isin value="US59561UAC45"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>502676.24000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WI SPL REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74447TAG7</cusip>
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          <isin value="US74447TAG76"/>
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        <balance>3305000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3222490.23000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALLEGHENY CMNTY BROADBAND INC</name>
        <lei>N/A</lei>
        <title>Allegheny Community Broadband Inc</title>
        <cusip>017276AF3</cusip>
        <identifiers>
          <isin value="US017276AF38"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>181431.67000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>GAS WORX CDD FL SPL ASSMNT</name>
        <lei>N/A</lei>
        <title>Gas Worx Community Development District</title>
        <cusip>367200AC6</cusip>
        <identifiers>
          <isin value="US367200AC64"/>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>450621.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526YEP6</cusip>
        <identifiers>
          <isin value="US74526YEP60"/>
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        <balance>110000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>53075.00000000</valUSD>
        <pctVal>0.011118366618</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2017-07-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Housing Development Corp</name>
        <lei>549300SQWVHKBRF8D702</lei>
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          <isin value="US64972CMP58"/>
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        <curCd>USD</curCd>
        <valUSD>920379.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</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 Corp</title>
        <cusip>86480TAA2</cusip>
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          <isin value="US86480TAA25"/>
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        <balance>405000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>417475.80000000</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>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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        <curCd>USD</curCd>
        <valUSD>156812.50000000</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>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST THRUWAY AUTH PERSO</name>
        <lei>N/A</lei>
        <title>New York State Thruway Authority</title>
        <cusip>650028ZB2</cusip>
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          <isin value="US650028ZB24"/>
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        <balance>3690000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3215809.44000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-03-15</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>PORT BEAUMONT TX NAV DIST DOCK</name>
        <lei>549300G8PKBXALUKJY33</lei>
        <title>Port of Beaumont Navigation District</title>
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          <isin value="US73360CAD65"/>
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        <balance>1975000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1514541.36000000</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>2050-01-01</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>DENTON CNTY TX SPL ASSMNT REVE</name>
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        <title>County of Denton TX</title>
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          <isin value="US24880GAS84"/>
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        <balance>635000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>637398.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA HGR EDU ASSISTANC</name>
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        <title>Pennsylvania Higher Education Assistance Agency</title>
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          <isin value="US70878CBS35"/>
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        <balance>885000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>870703.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LINCOLNWOOD IL TAX INCREMENT A</name>
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        <title>Village of Lincolnwood Il</title>
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          <isin value="US53509AAB89"/>
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        <balance>265000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>268152.78000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>FLORIDA ST DEV FIN CORP</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp</title>
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          <isin value="US340618DV61"/>
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        <balance>1100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1092237.26000000</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>5.25000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>NORTH AR-1 PASCO CDD FL CAPITA</name>
        <lei>N/A</lei>
        <title>North AR-1 Pasco Community Development District</title>
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          <isin value="US65725AAR59"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>87065.42000000</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>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <title>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</title>
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          <isin value="US74529JQG30"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-01</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NEW YORK CNTYS NY TOBACCO TRUS</name>
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        <title>New York Counties Tobacco Trust VI</title>
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          <isin value="US64945JAF93"/>
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          <maturityDt>2051-06-01</maturityDt>
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        <name>ARIZONA ST INDL DEV AUTH EDU R</name>
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        <balance>185000.00000000</balance>
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        <name>CURIOSITY CREEK CDD FL CAPITAL</name>
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          <maturityDt>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.40000000</annualizedRt>
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        <name>SOUTH CAROLINA ST JOBS-ECON DE</name>
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        <title>South Carolina Jobs-Economic Development Authority</title>
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          <isin value="US83704MCH79"/>
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        <balance>325000.00000000</balance>
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        <name>MONTGOMERY CNTY PA INDL DEV AU</name>
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          <isin value="US61360PCM05"/>
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        <balance>875000.00000000</balance>
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        <name>UNIV OF WYOMING WY UNIV REVENU</name>
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        <title>University of Wyoming</title>
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          <isin value="US915268J310"/>
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        <balance>775000.00000000</balance>
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        <valUSD>678823.00000000</valUSD>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MAINE ST FIN AUTH</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>OREGON ST FACS AUTH REVENUE</name>
        <lei>N/A</lei>
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        <lei>N/A</lei>
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          <isin value="US73473RFG56"/>
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          <maturityDt>2026-10-01</maturityDt>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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          <isin value="US650116CW45"/>
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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>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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          <isin value="US701830AK70"/>
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        <assetCat>DBT</assetCat>
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          <maturityDt>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.80000000</annualizedRt>
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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="US74526YDL65"/>
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        <curCd>USD</curCd>
        <valUSD>448725.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-07-01</maturityDt>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-01</maturityDt>
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          <annualizedRt>5.37500000</annualizedRt>
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        <name>CSCDA CMNTY IMPT AUTH CA ESSEN</name>
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          <isin value="US126292AY75"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-09-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>TAHOE-DOUGLAS VISITORS AUTH NV</name>
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        <name>PUBLIC FIN AUTH WI SENIOR LIVI</name>
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        <name>SOUTHERN GROVE CMNTY DEV DIST</name>
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        <name>Black Belt Energy Gas District</name>
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        <name>ORANGE CNTY FL HLTH FACS AUTH</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.95000000</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>CURIOSITY CREEK CDD FL CAPITAL</name>
        <lei>N/A</lei>
        <title>Curiosity Creek Community Development District</title>
        <cusip>23128SAC1</cusip>
        <identifiers>
          <isin value="US23128SAC17"/>
        </identifiers>
        <balance>180000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>172953.00000000</valUSD>
        <pctVal>0.036230897066</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.70000000</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>CAPITAL REGION FL CDD REVENUE</name>
        <lei>N/A</lei>
        <title>Capital Region Community Development District</title>
        <cusip>14044NBQ0</cusip>
        <identifiers>
          <isin value="US14044NBQ07"/>
        </identifiers>
        <balance>345000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>342909.00000000</valUSD>
        <pctVal>0.071833970398</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.60000000</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>BRIDGEVILLE DE SPL OBLIG</name>
        <lei>N/A</lei>
        <title>Town of Bridgeville DE</title>
        <cusip>108588AP9</cusip>
        <identifiers>
          <isin value="US108588AP93"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>98507.56000000</valUSD>
        <pctVal>0.020635763858</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>5.62500000</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>74526YFQ3</cusip>
        <identifiers>
          <isin value="US74526YFQ35"/>
        </identifiers>
        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>120625.00000000</valUSD>
        <pctVal>0.025269015042</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01000000</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>BALTIMORE MD SPL OBLIG</name>
        <lei>N/A</lei>
        <title>City of Baltimore MD</title>
        <cusip>05923TCQ0</cusip>
        <identifiers>
          <isin value="US05923TCQ04"/>
        </identifiers>
        <balance>570000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>515879.22000000</valUSD>
        <pctVal>0.108068474781</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.40000000</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>CLEVELAND-CUYAHOGA CNTY OH POR</name>
        <lei>549300KI3FXFLUKF3A98</lei>
        <title>Cleveland-Cuyahoga County Port Authority</title>
        <cusip>18610RCG7</cusip>
        <identifiers>
          <isin value="US18610RCG74"/>
        </identifiers>
        <balance>330000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>319104.40000000</valUSD>
        <pctVal>0.066847286083</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</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>PRINCETON TX SPL ASSMNT REVENU</name>
        <lei>N/A</lei>
        <title>City of Princeton TX</title>
        <cusip>742400DE1</cusip>
        <identifiers>
          <isin value="US742400DE12"/>
        </identifiers>
        <balance>110000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>107747.98000000</valUSD>
        <pctVal>0.022571484579</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</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>HAMILTON CNTY OH HLTH CARE REV</name>
        <lei>549300TO1E3N4E4YIO28</lei>
        <title>County of Hamilton OH</title>
        <cusip>40727RBT4</cusip>
        <identifiers>
          <isin value="US40727RBT41"/>
        </identifiers>
        <balance>190000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>184183.41000000</valUSD>
        <pctVal>0.038583488977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANNING LEWIS RANCH MET DIST #</name>
        <lei>N/A</lei>
        <title>Banning Lewis Ranch Metropolitan District No 8</title>
        <cusip>06663CAA6</cusip>
        <identifiers>
          <isin value="US06663CAA62"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>423401.15000000</valUSD>
        <pctVal>0.088695792982</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</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>2025-08-25</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>
  <documents>XXXX</documents>
</edgarSubmission>
