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      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
        <lei>N/A</lei>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>WALKER CNTY AL ECON &amp; INDL DEV</name>
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          <isin value="US931542AB08"/>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isin value="US79770GEQ55"/>
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          <maturityDt>2035-08-01</maturityDt>
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      <invstOrSec>
        <name>TEXAS ST TRANSPRTN COMMISSION</name>
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          <isin value="US88283KCF30"/>
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        <name>MEDFORD OR HOSP FACS AUTH REVE</name>
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        <name>BALTIMORE MD SPL OBLIG</name>
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          <isin value="US05923TBY47"/>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>BALTIMORE CNTY MD REVENUE</name>
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          <isin value="US059151CJ75"/>
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        <name>LOUISIANA ST LOCAL GOVT ENVRNM</name>
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        <name>LOWER PETROGLYPHS PUBLIC IMPT</name>
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        <name>MET NASHVILLE TN ARPT AUTH ARP</name>
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        <name>SILVERTHORNE CO COPS</name>
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        <name>TOBACCO SECURITIZATION AUTH ST</name>
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        <name>ARLINGTON TX HSG FIN CORP MF H</name>
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        <name>ROSEVILLE CA SPL TAX</name>
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        <name>BUFFALO RIDGE CO MET DIST</name>
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        <name>ARIZONA ST INDL DEV AUTH NATIO</name>
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        <name>SOUTH CAROLINA ST JOBS-ECON DE</name>
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        <name>PECOS BARSTOW TOYAH TX INDEP S</name>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>CHESTER CNTY PA INDL DEV AUTH</name>
        <lei>N/A</lei>
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        <cusip>165588FP4</cusip>
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          <isin value="US165588FP49"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>PROVIDENCE RI PUBLIC BLDGS AUT</name>
        <lei>N/A</lei>
        <title>Providence Public Building Authority</title>
        <cusip>74381MDK8</cusip>
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          <isin value="US74381MDK80"/>
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        <curCd>USD</curCd>
        <valUSD>1355075.99000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-09-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ACADEMICAL VLG CDD FL SPL ASSM</name>
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          <isin value="US00401TAC53"/>
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        <curCd>USD</curCd>
        <valUSD>825371.90000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-01</maturityDt>
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          <annualizedRt>3.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LONG ISLAND NY PWR AUTH ELEC S</name>
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        <title>Long Island Power Authority</title>
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          <isin value="US542691DF47"/>
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        <valUSD>373759.12000000</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>2035-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ELK GROVE CA FIN AUTH SPL TAX</name>
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          <isin value="US287254HU37"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1027777.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BUFFALO RIDGE CO MET DIST</name>
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          <isin value="US119802AM85"/>
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        <curCd>USD</curCd>
        <valUSD>256791.53000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TOBACCO SECURITIZATION AUTH ST</name>
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          <isin value="US888804CK59"/>
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        <curCd>USD</curCd>
        <valUSD>1036378.90000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>PECOS BARSTOW TOYAH TX INDEP S</name>
        <lei>N/A</lei>
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          <isin value="US705227HQ20"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3515638.35000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JACKSON CNTY MO CONSOL SCH DIS</name>
        <lei>N/A</lei>
        <title>Jackson County Consolidated School District No 4</title>
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          <isin value="US467484SG73"/>
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        <balance>1610000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1767910.89000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Howell Public Schools</name>
        <lei>N/A</lei>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>CALIFORNIA ST ENTERPRISE DEV A</name>
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        <title>California Enterprise Development Authority</title>
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          <isin value="US13067VBQ68"/>
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        <balance>2000000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LOS RANCHOS DE ALBUQUERQUE NM</name>
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          <isin value="US545610BD83"/>
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        <balance>565000.00000000</balance>
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        <valUSD>569146.76000000</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>2033-09-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>MICHIGAN ST FIN AUTH REVENUE</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority</title>
        <cusip>59447TFC2</cusip>
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          <isin value="US59447TFC27"/>
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        <balance>325000.00000000</balance>
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          <maturityDt>2027-07-01</maturityDt>
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        <name>UNIV OF CINCINNATI OH RECPTS</name>
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        <title>University of Cincinnati</title>
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          <isin value="US9141194V18"/>
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        <name>ATLANTA GA ARPT REVENUE</name>
        <lei>N/A</lei>
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        <name>ARIZONA ST INDL DEV AUTH EDU R</name>
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        <title>Arizona Industrial Development Authority</title>
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        <invCountry>US</invCountry>
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        <name>PUBLIC FIN AUTH WI EDU REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>LOWER PETROGLYPHS PUBLIC IMPT</name>
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        <name>NTHRN PALM BEACH CNTY FL IMPT</name>
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        <name>NEW HOPE CULTURAL EDU FACS FIN</name>
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        <name>FORSYTH MT POLL CONTROL REVENU</name>
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        <name>Howell Public Schools</name>
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        <name>CALIFORNIA CMNTY CHOICE FING A</name>
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        <name>WILL CNTY IL FOREST PRESERVE D</name>
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        <name>VIRGINIA ST SMALL BUSINESS FIN</name>
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        <name>CARSON CITY NV HOSP REVENUE</name>
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        <name>LOWER PETROGLYPHS PUBLIC IMPT</name>
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        <name>CALIFORNIA ST MUNI FIN AUTH ST</name>
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        <name>ROSEVILLE CA SPL TAX</name>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <name>SAINT JOHNS CNTY FL SCH BRD CO</name>
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          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MONTGOMERY CNTY PA INDL DEV AU</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>97185.73000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>TEXAS ST MUNI GAS ACQUISITION&amp;</name>
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        <title>Texas Municipal Gas Acquisition &amp; Supply Corp IV</title>
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          <isin value="US88256PAS92"/>
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        <curCd>USD</curCd>
        <valUSD>1079507.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>CHICAGO IL</name>
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          <isin value="US167486P781"/>
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        <curCd>USD</curCd>
        <valUSD>2047637.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PRAIRIE CENTER CO MET DIST #3</name>
        <lei>N/A</lei>
        <title>Prairie Center Metropolitan District No 3</title>
        <cusip>739476AE9</cusip>
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          <isin value="US739476AE93"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2402895.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>EAGLE CNTY CO COPS</name>
        <lei>N/A</lei>
        <title>County of Eagle CO</title>
        <cusip>26947NEL0</cusip>
        <identifiers>
          <isin value="US26947NEL01"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>274639.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BUCKS CNTY PA INDL DEV AUTH</name>
        <lei>N/A</lei>
        <title>Bucks County Industrial Development Authority</title>
        <cusip>118612MU1</cusip>
        <identifiers>
          <isin value="US118612MU18"/>
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        <balance>415000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>420738.58000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-01</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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SEATTLE WA MUNI LIGHT &amp; PWR RE</name>
        <lei>N/A</lei>
        <title>City of Seattle WA Municipal Light &amp; Power Revenue</title>
        <cusip>812643UX0</cusip>
        <identifiers>
          <isin value="US812643UX08"/>
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        <balance>2195000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2185434.63000000</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>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MONTGOMERY CNTY PA INDL DEV AU</name>
        <lei>N/A</lei>
        <title>Montgomery County Industrial Development Authority/PA</title>
        <cusip>613609J72</cusip>
        <identifiers>
          <isin value="US613609J724"/>
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        <balance>285000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>274523.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>LOWER PETROGLYPHS PUBLIC IMPT</name>
        <lei>N/A</lei>
        <title>Lower Petroglyphs Public Improvement District</title>
        <cusip>54844CAG5</cusip>
        <identifiers>
          <isin value="US54844CAG50"/>
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        <balance>240000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>239106.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.30000000</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>CHICAGO IL</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
        <title>City of Chicago IL</title>
        <cusip>167486WY1</cusip>
        <identifiers>
          <isin value="US167486WY12"/>
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        <balance>645000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>652639.32000000</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>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST ECON DEV FING</name>
        <lei>N/A</lei>
        <title>Pennsylvania Economic Development Financing Authority</title>
        <cusip>70868YAN9</cusip>
        <identifiers>
          <isin value="US70868YAN94"/>
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        <balance>210000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>224274.83000000</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>2037-06-30</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>KENTUCKY ST ECON DEV FIN AUTH</name>
        <lei>N/A</lei>
        <title>Kentucky Economic Development Finance Authority</title>
        <cusip>49126KKN0</cusip>
        <identifiers>
          <isin value="US49126KKN09"/>
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        <balance>145000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>149592.63000000</valUSD>
        <pctVal>0.007748869799</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CLACKAMAS CNTY OR HOSP FAC AUT</name>
        <lei>N/A</lei>
        <title>Clackamas County Hospital Facility Authority</title>
        <cusip>179027YM3</cusip>
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          <isin value="US179027YM31"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>466747.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <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>20775DFA5</cusip>
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          <isin value="US20775DFA54"/>
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        <balance>4700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4564493.83000000</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>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST ECON DEV FING</name>
        <lei>N/A</lei>
        <title>Pennsylvania Economic Development Financing Authority</title>
        <cusip>70868YAM1</cusip>
        <identifiers>
          <isin value="US70868YAM12"/>
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        <balance>5835000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6173396.74000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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>04052BEX8</cusip>
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          <isin value="US04052BEX82"/>
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        <balance>1030000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1031924.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MISSISSIPPI ST BUSINESS FIN CO</name>
        <lei>549300DYV074JUDKBQ77</lei>
        <title>Mississippi Business Finance Corp</title>
        <cusip>60527MAZ2</cusip>
        <identifiers>
          <isin value="US60527MAZ23"/>
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        <balance>4400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4400000.00000000</valUSD>
        <pctVal>0.227919163658</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.90000000</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>MET KNOXVILLE TN ARPT AUTH ARP</name>
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        <name>MIDCITY IMPT DIST AL SPL ASSMN</name>
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        <name>DUBOIS PA HOSP AUTH</name>
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        <name>RIVERSIDE CA UNIF SCH DIST</name>
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        <name>BUCKS CNTY PA INDL DEV AUTH</name>
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        <name>HARRIS CNTY TX CULTURAL EDU FA</name>
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        <name>BUILD NYC RESOURCE CORP NY REV</name>
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      <invstOrSec>
        <name>SOUTH DAKOTA ST HLTH &amp; EDUCTNL</name>
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        <name>EAGLE CNTY CO COPS</name>
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        <name>MET KNOXVILLE TN ARPT AUTH ARP</name>
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        <name>ROSEVILLE CA SPL TAX</name>
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          <isin value="US777870R248"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>BUCKS CNTY PA INDL DEV AUTH HO</name>
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          <isin value="US11861MAP14"/>
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        <curCd>USD</curCd>
        <valUSD>933746.42000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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          <isin value="US6461365F40"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-06-15</maturityDt>
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        <name>TEXAS ST MUNI GAS ACQUISITION&amp;</name>
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          <isin value="US88256PAQ37"/>
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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>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
        <lei>N/A</lei>
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          <isin value="US650116CX28"/>
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        <balance>1250000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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          <isin value="US650116GN00"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>PORT OF SEATTLE WA REVENUE</name>
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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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          <annualizedRt>5.00000000</annualizedRt>
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        <name>SARASOTA NATIONAL FL CDD SPL A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TRAVIS CNTY TX</name>
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        <name>PUBLIC FIN AUTH WI EDUCTNL REV</name>
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        <name>NEW YORK NY</name>
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        <name>MISSOURI JT MUNI ELEC UTILITY</name>
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        <name>HYDE PARK CDD #1 FL SPL ASSMNT</name>
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        <name>LEHIGH CNTY PA INDL DEV AUTH</name>
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        <name>CANYONS MET DIST #5 CO</name>
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        <name>LANCASTER CNTY PA HOSP AUTH</name>
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        <name>DUBOIS PA HOSP AUTH</name>
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        <name>FONTANA CA SPL TAX</name>
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        <name>OHIO ST HGR EDUCTNL FAC COMMIS</name>
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        <name>SUFFOLK REGL OFF-TRACK BETTING</name>
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        <name>UTAH ST TELECOMMUNICATION OPEN</name>
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        <name>ROSEVILLE CA SPL TAX</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALACHUA CNTY FL HLTH FACS AUTH</name>
        <lei>N/A</lei>
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          <isin value="US010685LC79"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LANCASTER CNTY SC ASSMNT REVEN</name>
        <lei>5493004EFQNI7UOCFI47</lei>
        <title>County of Lancaster SC</title>
        <cusip>514088AL7</cusip>
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          <isin value="US514088AL75"/>
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        <curCd>USD</curCd>
        <valUSD>685310.17000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS WTR DEV BRD REVENUE</name>
        <lei>N/A</lei>
        <title>Texas Water Development Board</title>
        <cusip>88285ABF4</cusip>
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          <isin value="US88285ABF49"/>
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        <curCd>USD</curCd>
        <valUSD>5158897.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.70000000</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>
        <cusip>74442PVP7</cusip>
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          <isin value="US74442PVP79"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1106508.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OHIO ST HGR EDUCTNL FAC COMMIS</name>
        <lei>5493007MQT6NGNN6BR81</lei>
        <title>Ohio Higher Educational Facility Commission</title>
        <cusip>67756DW51</cusip>
        <identifiers>
          <isin value="US67756DW518"/>
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        <balance>1275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1332893.42000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAINT LOUIS CNTY MO PATTONVILL</name>
        <lei>54930016JA5VUOTAUJ59</lei>
        <title>Pattonville R-3 School District</title>
        <cusip>791400YJ7</cusip>
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          <isin value="US791400YJ76"/>
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        <balance>1010000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1086806.36000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BORDEN-HENRYVILLE MULTI-SCH BL</name>
        <lei>N/A</lei>
        <title>Borden-Henryville Multi-School Building Corp</title>
        <cusip>099590BA8</cusip>
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          <isin value="US099590BA88"/>
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        <balance>3080000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3241425.57000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST ECON DEV AUTH RE</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority</title>
        <cusip>64577B7P3</cusip>
        <identifiers>
          <isin value="US64577B7P37"/>
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        <balance>3250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3349936.20000000</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>2039-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KENTUCKY ST MUNI ENERGY AGY PW</name>
        <lei>254900W8G3M70YHUAO94</lei>
        <title>Kentucky Municipal Energy Agency</title>
        <cusip>491499AR0</cusip>
        <identifiers>
          <isin value="US491499AR08"/>
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        <balance>4545000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4692738.41000000</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>2044-01-01</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>PENNSYLVANIA ST ECON DEV FING</name>
        <lei>N/A</lei>
        <title>Pennsylvania Economic Development Financing Authority</title>
        <cusip>70869PPF8</cusip>
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          <isin value="US70869PPF89"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1516357.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PHILADELPHIA PA GAS WKS REVENU</name>
        <lei>549300H8UJ7V5WU5IA90</lei>
        <title>Philadelphia Gas Works Co</title>
        <cusip>7178237H5</cusip>
        <identifiers>
          <isin value="US7178237H50"/>
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        <balance>290000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>290962.34000000</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>2025-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NEVADA DEPT OF BUSINESS &amp; INDU</name>
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        <cusip>641454AB9</cusip>
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          <isin value="US641454AB90"/>
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        <balance>375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>375468.30000000</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>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UTAH ST CHRT SCH FIN AUTH CHRT</name>
        <lei>N/A</lei>
        <title>Utah Charter School Finance Authority</title>
        <cusip>91754TUM3</cusip>
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          <isin value="US91754TUM34"/>
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          <maturityDt>2037-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CALIFORNIA ST POLL CONTROL FIN</name>
        <lei>N/A</lei>
        <title>California Pollution Control Financing Authority</title>
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          <isin value="US130536RN77"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>996592.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.70000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>IDAHO ST HLTH FACS AUTH REVENU</name>
        <lei>549300X43KY1C2WW0J97</lei>
        <title>Idaho Health Facilities Authority</title>
        <cusip>451295YK9</cusip>
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          <isin value="US451295YK98"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>999997.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2025-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KENTUCKY ST ECON DEV FIN AUTH</name>
        <lei>N/A</lei>
        <title>Kentucky Economic Development Finance Authority</title>
        <cusip>49126PGS3</cusip>
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          <isin value="US49126PGS39"/>
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        <balance>895000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>919865.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LEAVENWORTH CNTY KS UNIF SCH D</name>
        <lei>N/A</lei>
        <title>Leavenworth County Unified School District No 464</title>
        <cusip>522223GG5</cusip>
        <identifiers>
          <isin value="US522223GG59"/>
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        <balance>625000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>629761.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <name>RIVER ISLANDS CA PUBLIC FING A</name>
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          <isin value="US76827QEK58"/>
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        <curCd>USD</curCd>
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        <name>CHICAGO IL MIDWAY ARPT REVENUE</name>
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          <isin value="US167562SE84"/>
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        <name>ARMSTRONG PA SCH DIST</name>
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          <isin value="US042467MN72"/>
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      <invstOrSec>
        <name>FONTANA CA SPL TAX</name>
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        <title>City of Fontana CA</title>
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          <isin value="US344630WT19"/>
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          <maturityDt>2029-09-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
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          <isin value="US592647ND96"/>
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          <maturityDt>2045-10-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>CALIFORNIA STWD CMNTYS DEV AUT</name>
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          <isin value="US13080SRU05"/>
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        <name>LOS ANGELES CA DEPT OF ARPTS A</name>
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        <name>ROMEOVILLE IL REVENUE</name>
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        <name>WHITING IN ENVRNMNTL FACS REVE</name>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
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          <isin value="US914233Z204"/>
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          <maturityDt>2039-02-15</maturityDt>
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          <isin value="US56681NFH52"/>
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        <name>NORTHERN INDIANA COMMUTER TRAN</name>
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        <name>FONTANA CA SPL TAX</name>
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          <isin value="US344630WS36"/>
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        <name>ROSEVILLE CA SPL TAX</name>
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        <name>SALES TAX SECURITIZATION CORP</name>
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        <name>NEW YORK CITY NY TRANSITIONAL</name>
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        <name>OGDEN CITY UT MUNI BLDG AUTH L</name>
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        <name>Jackson County Consolidated School District No 4</name>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COLORADO ST EDUCTNL &amp; CULTURAL</name>
        <lei>549300BJRX2FHSSZP042</lei>
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          <isin value="US19645RB755"/>
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        <curCd>USD</curCd>
        <valUSD>662723.36000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FRANKLIN TWP IN MULTI-SCH BLDG</name>
        <lei>N/A</lei>
        <title>Franklin Township-Marion County Multiple School Building Corp</title>
        <cusip>355137GE4</cusip>
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          <isin value="US355137GE44"/>
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        <curCd>USD</curCd>
        <valUSD>1266072.25000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LONG BEACH CA UNIF SCH DIST</name>
        <lei>N/A</lei>
        <title>Long Beach Unified School District</title>
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          <isin value="US542433RE94"/>
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        <curCd>USD</curCd>
        <valUSD>2635264.12000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TARRANT CNTY TX CULTURAL EDU F</name>
        <lei>549300ROY505NVTMMI25</lei>
        <title>Tarrant County Cultural Education Facilities Finance Corp</title>
        <cusip>87638QSG5</cusip>
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          <isin value="US87638QSG54"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>797937.23000000</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>2052-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA SCH FIN AUTH SCH FA</name>
        <lei>N/A</lei>
        <title>California School Finance Authority</title>
        <cusip>13059TEB1</cusip>
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          <isin value="US13059TEB17"/>
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        <balance>455000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>453344.44000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>PAULDING CNTY GA HOSP AUTH</name>
        <lei>N/A</lei>
        <title>Paulding County Hospital Authority/GA</title>
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          <isin value="US703596EG72"/>
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        <curCd>USD</curCd>
        <valUSD>694490.46000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VILLAMAR CDD FL SPL ASSMNT</name>
        <lei>N/A</lei>
        <title>Villamar Community Development District</title>
        <cusip>92715KAV0</cusip>
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          <isin value="US92715KAV08"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1004269.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INDIANA ST FIN AUTH HOSP REVEN</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority</title>
        <cusip>45471ASX1</cusip>
        <identifiers>
          <isin value="US45471ASX18"/>
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        <balance>1330000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1257145.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BALTIMORE MD SPL OBLIG</name>
        <lei>N/A</lei>
        <title>City of Baltimore MD</title>
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          <isin value="US05923TCF49"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>124813.64000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.80000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IRVINE CA FACS FING AUTH LEASE</name>
        <lei>N/A</lei>
        <title>Irvine Facilities Financing Authority</title>
        <cusip>46360XAN4</cusip>
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          <isin value="US46360XAN49"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2012198.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INDIANA ST MUNI PWR AGY</name>
        <lei>AX0ZCCVOQ71Z4RXBL233</lei>
        <title>Indiana Municipal Power Agency</title>
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          <isin value="US454898TX53"/>
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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>2042-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ROCKFORD IL</name>
        <lei>N/A</lei>
        <title>City of Rockford IL</title>
        <cusip>77316QZY8</cusip>
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          <isin value="US77316QZY87"/>
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        <balance>645000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>PUBLIC FIN AUTH WI EDU REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74442EMQ0</cusip>
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          <isin value="US74442EMQ07"/>
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        <balance>1200000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-06-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>AUBREY TX SPL ASSMNT</name>
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        <title>City of Aubrey TX</title>
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          <isin value="US050197BE19"/>
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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>2040-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>GREAT LAKES MI WTR AUTH SEWAGE</name>
        <lei>N/A</lei>
        <title>Great Lakes Water Authority Sewage Disposal System Revenue</title>
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        <identifiers>
          <isin value="US39081HEQ11"/>
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        <balance>2000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-07-01</maturityDt>
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      <invstOrSec>
        <name>ARLINGTON TX HGR EDU FIN CORP</name>
        <lei>N/A</lei>
        <title>Arlington Higher Education Finance Corp</title>
        <cusip>0418064W7</cusip>
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          <isin value="US0418064W72"/>
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        <balance>1000000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>Main Street Natural Gas Inc</title>
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          <isin value="US56035DGT37"/>
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        <balance>1700000.00000000</balance>
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        <valUSD>1788601.62000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>BURKE CNTY GA DEV AUTH POLL CO</name>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <name>OHIO ST HOSP REVENUE</name>
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          <maturityDt>2051-01-15</maturityDt>
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          <annualizedRt>3.80000000</annualizedRt>
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        <name>LAS VEGAS VLY NV WTR DIST</name>
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          <isin value="US517845AX11"/>
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          <maturityDt>2046-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>RENO-TAHOE NV ARPT AUTH ARPT R</name>
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        <title>Reno-Tahoe Airport Authority</title>
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          <isin value="US759874DD97"/>
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        <curCd>USD</curCd>
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        <name>TOLOMATO FL CDD</name>
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          <maturityDt>2028-05-01</maturityDt>
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        <name>COLUMBUS OH REGL ARPT AUTH REV</name>
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        <name>CHARLOTTE CNTY FL INDL DEV AUT</name>
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        <name>BEACH CMNTY DEV DIST FL CAPITA</name>
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        <name>MIAMI-DADE CNTY FL INDL DEV AU</name>
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        <name>RIVER ISLANDS CA PUBLIC FING A</name>
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        <name>RIVERSIDE CA UNIF SCH DIST</name>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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      </invstOrSec>
      <invstOrSec>
        <name>TOBACCO SECURITIZATION AUTH NT</name>
        <lei>N/A</lei>
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          <isin value="US888794BT04"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-06-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>MONROE CNTY GA DEV AUTH POLL C</name>
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        <curCd>USD</curCd>
        <valUSD>2507313.75000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-12-01</maturityDt>
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      <invstOrSec>
        <name>BEXAR CNTY TX REVENUE</name>
        <lei>N/A</lei>
        <title>County of Bexar TX</title>
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          <isin value="US088518LW33"/>
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        <curCd>USD</curCd>
        <valUSD>885320.44000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>MASSACHUSETTS ST TRANSPRTN FUN</name>
        <lei>N/A</lei>
        <title>Commonwealth of Massachusetts Transportation Fund Revenue</title>
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          <isin value="US57604TCV61"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1999936.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-06-01</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 HOSP REVEN</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority</title>
        <cusip>45471ASW3</cusip>
        <identifiers>
          <isin value="US45471ASW35"/>
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        <balance>430000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>407285.77000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEMPE AZ INDL DEV AUTH REVENUE</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US87972MBR25"/>
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        <curCd>USD</curCd>
        <valUSD>915940.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TOBACCO SETTLEMENT AUTH IA TOB</name>
        <lei>N/A</lei>
        <title>Iowa Tobacco Settlement Authority</title>
        <cusip>888805CD8</cusip>
        <identifiers>
          <isin value="US888805CD81"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>285953.04000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WASHINGTON ST</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>State of Washington</title>
        <cusip>93974EH58</cusip>
        <identifiers>
          <isin value="US93974EH589"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5350258.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASSACHUSETTS ST PORT AUTH</name>
        <lei>254900JRR8IDSSKWCL90</lei>
        <title>Massachusetts Port Authority</title>
        <cusip>575896TE5</cusip>
        <identifiers>
          <isin value="US575896TE50"/>
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        <balance>3920000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4102290.19000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</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 REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74442PSU0</cusip>
        <identifiers>
          <isin value="US74442PSU02"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>552988.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DENVER CITY &amp; CNTY CO ARPT REV</name>
        <lei>N/A</lei>
        <title>City &amp; County of Denver CO Airport System Revenue</title>
        <cusip>249182UX2</cusip>
        <identifiers>
          <isin value="US249182UX26"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>809619.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PARK CREEK CO MET DIST REVENUE</name>
        <lei>N/A</lei>
        <title>Park Creek Metropolitan District</title>
        <cusip>700387DF7</cusip>
        <identifiers>
          <isin value="US700387DF73"/>
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        <balance>150000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK CITY NY TRANSITIONAL</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority Future Tax Secured Revenue</title>
        <cusip>64971XNG9</cusip>
        <identifiers>
          <isin value="US64971XNG96"/>
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        <balance>2500000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FL INDL DEV AU</name>
        <lei>549300RM19LZY32DAU30</lei>
        <title>Miami-Dade County Industrial Development Authority</title>
        <cusip>59333EEC3</cusip>
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          <isin value="US59333EEC30"/>
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        <balance>1210000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-01-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>TWO RIVERS WEST CDD FL SPL ASS</name>
        <lei>N/A</lei>
        <title>Two Rivers West Community Development District</title>
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          <isin value="US90207HAK05"/>
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        <balance>750000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <name>AVE MARIA FL STEWARDSHIP CMNTY</name>
        <lei>N/A</lei>
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          <isin value="US05355ABR77"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <name>MINNEAPOLIS MN &amp; SAINT PAUL MN</name>
        <lei>N/A</lei>
        <title>City of Minneapolis MN/St Paul Housing &amp; Redevelopment Authority</title>
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          <isin value="US603695KB22"/>
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        <balance>1740000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NEXUS NORTH AT DIA MET DIST CO</name>
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        <name>TOBACCO SETTLEMENT AUTH IA TOB</name>
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        <name>FRANKLIN TWP IN MULTI-SCH BLDG</name>
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          <maturityDt>2027-06-01</maturityDt>
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      </invstOrSec>
      <invstOrSec>
        <name>MAIN STREET NATURAL GAS INC GA</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
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          <isin value="US56035DEN84"/>
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        <curCd>USD</curCd>
        <valUSD>2587424.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PRINCETON TX SPL ASSMNT REVENU</name>
        <lei>N/A</lei>
        <title>City of Princeton TX</title>
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          <isin value="US742400BS26"/>
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        <curCd>USD</curCd>
        <valUSD>954733.65000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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      <invstOrSec>
        <name>TOLOMATO FL CDD</name>
        <lei>N/A</lei>
        <title>Tolomato Community Development District</title>
        <cusip>889560EB0</cusip>
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          <isin value="US889560EB01"/>
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        <curCd>USD</curCd>
        <valUSD>769655.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LAKELAND FL HOSP SYS REVENUE</name>
        <lei>XRPK4ZALF4437WO3JQ94</lei>
        <title>City of Lakeland FL</title>
        <cusip>511665KN0</cusip>
        <identifiers>
          <isin value="US511665KN03"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2064000.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-15</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>VIRGINIA ST SMALL BUSINESS FIN</name>
        <lei>N/A</lei>
        <title>Virginia Small Business Financing Authority</title>
        <cusip>928103AQ3</cusip>
        <identifiers>
          <isin value="US928103AQ32"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>735889.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>PUBLIC FIN AUTH WI RETMNT CMNT</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74446CAC4</cusip>
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          <isin value="US74446CAC47"/>
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        <balance>1200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1153548.96000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-15</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>ILLINOIS ST SALES TAX REVENUE</name>
        <lei>N/A</lei>
        <title>State of Illinois Sales Tax Revenue</title>
        <cusip>452227TW1</cusip>
        <identifiers>
          <isin value="US452227TW19"/>
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        <balance>3175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2816618.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ROSEVILLE CA SPL TAX</name>
        <lei>549300OH100KESVPND17</lei>
        <title>City of Roseville CA</title>
        <cusip>777870R73</cusip>
        <identifiers>
          <isin value="US777870R735"/>
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        <balance>640000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>566743.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ETOWAH GA WTR &amp; SWR AUTH REVEN</name>
        <lei>N/A</lei>
        <title>Etowah Water &amp; Sewer Authority</title>
        <cusip>297860DA3</cusip>
        <identifiers>
          <isin value="US297860DA30"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>397887.24000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BOLINGBROOK IL</name>
        <lei>N/A</lei>
        <title>Village of Bolingbrook IL</title>
        <cusip>097552UD3</cusip>
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          <isin value="US097552UD33"/>
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        <balance>1210000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1097775.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>FRANKLIN TWP IN MULTI-SCH BLDG</name>
        <lei>N/A</lei>
        <title>Franklin Township-Marion County Multiple School Building Corp</title>
        <cusip>355137GB0</cusip>
        <identifiers>
          <isin value="US355137GB05"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>797119.13000000</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>2040-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CALIFORNIA CMNTY CHOICE FING A</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>California Community Choice Financing Authority</title>
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          <isin value="US13013JDR41"/>
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        <balance>2000000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MISSISSIPPI ST HOSP EQUIPMENT</name>
        <lei>549300DW2GVUIGE04396</lei>
        <title>Mississippi Hospital Equipment &amp; Facilities Authority</title>
        <cusip>605360SC1</cusip>
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          <isin value="US605360SC14"/>
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        <balance>5000000.00000000</balance>
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        <valUSD>4971835.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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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="US928836NA96"/>
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          <maturityDt>2037-10-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>RANCHO CORDOVA CA CMNTY FACS D</name>
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        <title>City of Rancho Cordova CA</title>
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          <isin value="US75211RKU04"/>
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        <balance>110000.00000000</balance>
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        <valUSD>112585.59000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>ACADEMICAL VLG CDD FL SPL ASSM</name>
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        <title>Academical Village Community Development District</title>
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          <isin value="US00401TAA97"/>
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        <balance>130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>130000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.87500000</annualizedRt>
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      <invstOrSec>
        <name>SAN FRANCISCO CITY &amp; CNTY CA C</name>
        <lei>N/A</lei>
        <title>City &amp; County of San Francisco CA Community Facilities District No 2016-1</title>
        <cusip>79773JAK3</cusip>
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          <isin value="US79773JAK34"/>
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        <balance>145000.00000000</balance>
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        <valUSD>144068.32000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PROVIDENCE RI PUBLIC BLDGS AUT</name>
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        <name>HARRIS CNTY TX TOLL ROAD REVEN</name>
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          <maturityDt>2037-08-15</maturityDt>
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        <name>ARLINGTON TX HGR EDU FIN CORP</name>
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          <isin value="US041806XZ85"/>
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        <name>KENTUCKY ST ECON DEV FIN AUTH</name>
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        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
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          <isin value="US709225GG50"/>
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        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MARYLAND ST STADIUM AUTH REVEN</name>
        <lei>549300VA283TTQRDNF71</lei>
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        <lei>549300HWFOZXPKGOX654</lei>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>SAINT PAUL MN HSG &amp; REDEV AUTH</name>
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          <isin value="US792905DG31"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PARK CREEK CO MET DIST REVENUE</name>
        <lei>N/A</lei>
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        <cusip>700387DJ9</cusip>
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          <isin value="US700387DJ95"/>
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        <valUSD>150921.29000000</valUSD>
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        <debtSec>
          <maturityDt>2034-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>BALTIMORE CNTY MD REVENUE</name>
        <lei>N/A</lei>
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          <isin value="US059151DD96"/>
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        <curCd>USD</curCd>
        <valUSD>633193.60000000</valUSD>
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        <debtSec>
          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>CHICAGO IL MET WTR RECLAMATION</name>
        <lei>254900GOGQEZEWCZ4D37</lei>
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          <isin value="US167560XF39"/>
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        <curCd>USD</curCd>
        <valUSD>2126078.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>COLORADO ST EDUCTNL &amp; CULTURAL</name>
        <lei>549300BJRX2FHSSZP042</lei>
        <title>Colorado Educational &amp; Cultural Facilities Authority</title>
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          <isin value="US19645RB342"/>
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        <balance>2245000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2248004.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PRIV CLGS &amp; UNIVS AUTH GA</name>
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          <isin value="US74265L2G24"/>
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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>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>FULTON CNTY GA RSDL CARE FACS</name>
        <lei>N/A</lei>
        <title>Fulton County Residential Care Facilities for the Elderly Authority</title>
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          <isin value="US360059AL37"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LEANDER TX SPL ASSMNT REVENUE</name>
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          <isin value="US521842AK03"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MADISON BOND ETC CNTYS IL CMNT</name>
        <lei>N/A</lei>
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          <isin value="US556627KZ92"/>
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        <debtSec>
          <maturityDt>2040-02-01</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="US19648FCH55"/>
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        <name>SAN FRANCISCO CITY &amp; CNTY CA C</name>
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        <title>City &amp; County of San Francisco CA Community Facilities District No 2016-1</title>
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        <name>AUSTIN TX ARPT SYS REVENUE</name>
        <lei>N/A</lei>
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          <isin value="US052398HR86"/>
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        <name>IRVINE CA UNIF SCH DIST SPL TA</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2032-09-01</maturityDt>
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      <invstOrSec>
        <name>BALTIMORE CNTY MD REVENUE</name>
        <lei>N/A</lei>
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          <isin value="US059151DB31"/>
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        <balance>685000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>SAWYERS LANDING CDD FL SPL ASS</name>
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        <name>PUBLIC FIN AUTH WI REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
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          <isin value="US74442PSV84"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MET WASHINGTON DC ARPTS AUTH A</name>
        <lei>N/A</lei>
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          <isin value="US592647GD79"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DU PAGE CNTY IL SCH DIST #58 D</name>
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          <isin value="US263165JT03"/>
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          <maturityDt>2042-12-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO IL PARK DIST</name>
        <lei>549300DNSTZGBZLIU409</lei>
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          <isin value="US167615ZX48"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>TROUT CREEK CDD FL CAPITAL IMP</name>
        <lei>N/A</lei>
        <title>Trout Creek Community Development District</title>
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          <isin value="US897188AK41"/>
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        <balance>635000.00000000</balance>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2040-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>OHIO ST</name>
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          <isin value="US677522YL27"/>
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        <curCd>USD</curCd>
        <valUSD>2298759.87000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BUTLER CNTY OH PORT AUTH ECON</name>
        <lei>549300LIKUQ3LQUKO260</lei>
        <title>Butler County Port Authority</title>
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          <isin value="US12355RAP10"/>
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        <curCd>USD</curCd>
        <valUSD>304540.27000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-05-15</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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      <invstOrSec>
        <name>ARLINGTON TX HGR EDU FIN CORP</name>
        <lei>N/A</lei>
        <title>Arlington Higher Education Finance Corp</title>
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          <isin value="US041806XX38"/>
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        <balance>415000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>443376.29000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp</title>
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          <isin value="US650116HE91"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LEE CNTY FL INDL DEV AUTH HLTH</name>
        <lei>N/A</lei>
        <title>Lee County Industrial Development Authority/FL</title>
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          <isin value="US52349EEU01"/>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ETOWAH GA WTR &amp; SWR AUTH REVEN</name>
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        <title>Etowah Water &amp; Sewer Authority</title>
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          <isin value="US297860CZ99"/>
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        <valUSD>349238.19000000</valUSD>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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        <name>PRICHARD AL WTRWKS &amp; SWR BRD W</name>
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          <isin value="US741530HT99"/>
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          <maturityDt>2032-11-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>PENNSYLVANIA ST ECON DEV FINGA</name>
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          <isin value="US70870EEQ89"/>
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        <name>RENO-TAHOE NV ARPT AUTH ARPT R</name>
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          <isin value="US759874DF46"/>
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        <name>KENTUCKY ST ECON DEV FIN AUTH</name>
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          <isin value="US49126PGE43"/>
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        <name>SALT LAKE CITY UT ARPT REVENUE</name>
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          <isin value="US795576LU91"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOUISVILLE &amp; JEFFERSON CNTY KY</name>
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          <isin value="US54659LBZ67"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>JUSTIN TX SPL ASSMNT REVENUE</name>
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        <name>TERN BAY CDD FL SPL ASSMNT</name>
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          <isin value="US88088EAC30"/>
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        <name>MADISON BOND ETC CNTYS IL CMNT</name>
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        <valUSD>1246538.47000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-02-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>IPS MULTI-SCH BLDG CORP IN</name>
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        <title>IPS Multi-School Building Corp</title>
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          <isin value="US46263RTV77"/>
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        <valUSD>2349808.65000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>SAWYERS LANDING CDD FL SPL ASS</name>
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          <isin value="US805517AD11"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-05-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MONTGOMERY CNTY OH HOSP REVENU</name>
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          <isin value="US613520NF82"/>
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        <curCd>USD</curCd>
        <valUSD>1305179.15000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WILLIAMSBURG VA ECON DEV AUTH</name>
        <lei>N/A</lei>
        <title>Williamsburg Economic Development Authority</title>
        <cusip>969671AU0</cusip>
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          <isin value="US969671AU08"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1046024.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>MSD WARREN TWP IN VISION 2005</name>
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        <balance>1080000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>968456.63000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-10</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>IDAHO ST HLTH FACS AUTH REVENU</name>
        <lei>549300X43KY1C2WW0J97</lei>
        <title>Idaho Health Facilities Authority</title>
        <cusip>451295E47</cusip>
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          <isin value="US451295E470"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2500000.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-03-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.65000000</annualizedRt>
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        <name>PENNSYLVANIA ST ECON DEV FINGA</name>
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        <title>Pennsylvania Economic Development Financing Authority Parking System Revenue</title>
        <cusip>70870EEP0</cusip>
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          <isin value="US70870EEP07"/>
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        <balance>1250000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>DENVER CITY &amp; CNTY CO ARPT REV</name>
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          <isin value="US249182QV16"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>SOUTH CAROLINA ST PUBLIC SVC A</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
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          <isin value="US837151Q938"/>
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        <balance>2375000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-12-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>MIAMI WORLD CENTER CDD FL SPL</name>
        <lei>N/A</lei>
        <title>Miami World Center Community Development District</title>
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          <isin value="US593856AB30"/>
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        <balance>210000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-01</maturityDt>
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          <annualizedRt>4.75000000</annualizedRt>
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        <name>EPPERSON N CDD FL CAPITAL IMPT</name>
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        <name>CONNECTICUT ST HLTH &amp; EDUCTNL</name>
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      <invstOrSec>
        <name>ASHLAND KY MED CENTER REVENUE</name>
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          <isin value="US044293CB25"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2040-02-01</maturityDt>
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        <name>CALIFORNIA CMNTY CHOICE FING A</name>
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        <title>California Community Choice Financing Authority</title>
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          <isin value="US13013JBJ43"/>
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      <invstOrSec>
        <name>PROVIDENCE RI PUBLIC BLDGS AUT</name>
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          <isin value="US74381MBQ78"/>
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          <maturityDt>2031-06-15</maturityDt>
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        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
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          <isin value="US709224Q284"/>
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        <name>ENERGY S E AL A COOPERATIVE DI</name>
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        <name>CHARLOTTE NC ARPT REVENUE</name>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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          <maturityDt>2031-06-15</maturityDt>
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        <name>FLOWER MOUND TX</name>
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        <name>CALIFORNIA ST MUNI FIN AUTH RE</name>
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        <title>Colorado Health Facilities Authority</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MASSACHUSETTS ST PORT AUTH</name>
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          <isin value="US575896UX13"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>TEXAS ST UNIV SYS FING REVENUE</name>
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          <isin value="US88278PJ626"/>
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        <curCd>USD</curCd>
        <valUSD>1049450.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>PENNSYLVANIA ST ECON DEV FING</name>
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        <title>Pennsylvania Economic Development Financing Authority</title>
        <cusip>708692CA4</cusip>
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          <isin value="US708692CA49"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>495665.90000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.45000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CONNECTICUT ST HLTH &amp; EDUCTNL</name>
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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>2042-07-01</maturityDt>
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        <name>VIRGINIA CLG BLDG AUTH EDUCTNL</name>
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        <title>Virginia College Building Authority</title>
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          <isin value="US92778FKQ53"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CONSOL MUNI ELEC PWR SYS WY JT</name>
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        <title>Consolidated Municipalities Electric Power Systems Joint Powers Board</title>
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          <isin value="US210295EV99"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>SPOKANE CNTY WA ARPT REVENUE</name>
        <lei>N/A</lei>
        <title>County of Spokane WA Airport Revenue</title>
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          <isin value="US848661JP04"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>TEXAS ST TRANSPRTN COMMISSION</name>
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        <title>Central Texas Turnpike System</title>
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          <isin value="US88283KBH05"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>TULSA CNTY OK INDL AUTH SENIOR</name>
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        <title>Tulsa County Industrial Authority</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <maturityDt>2042-03-15</maturityDt>
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        <name>MICHIGAN ST FIN AUTH REVENUE</name>
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        <title>Michigan Finance Authority</title>
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          <isin value="US59447TFX63"/>
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        <name>GEO L SMITH II GA CONGRESS CTR</name>
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        <name>HAMILTON CNTY OH HOSP FACS REV</name>
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        <name>CUMBERLAND CNTY PA MUNI AUTH</name>
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          <isin value="US230614TG44"/>
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        <name>CORPUS CHRISTI TX UTILITY SYSR</name>
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      <invstOrSec>
        <name>CYPRESS MILL CDD FL SPL ASSMNT</name>
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      <invstOrSec>
        <name>NEW HOPE CULTURAL ED FACS FIN</name>
        <lei>N/A</lei>
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          <annualizedRt>5.00000000</annualizedRt>
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        <curCd>USD</curCd>
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          <maturityDt>2029-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>INDIANA ST FIN AUTH ENVRNMNTL</name>
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          <isin value="US455054BG02"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-01</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>ATLANTA GA ARPT REVENUE</name>
        <lei>N/A</lei>
        <title>City of Atlanta GA Department of Aviation</title>
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          <isin value="US04780MC723"/>
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        <name>PUERTO RICO CMWLTH</name>
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        <name>ARIZONA ST INDL DEV AUTH EDU R</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority</title>
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          <isin value="US04052BKL70"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-07-01</maturityDt>
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        <name>GREAT LAKES MI WTR AUTH WTR SP</name>
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        <title>Great Lakes Water Authority Water Supply System Revenue</title>
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          <isin value="US39081JAL26"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>PENNSYLVANIA ST ECON DEV FINGA</name>
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        <name>TAMPA FL HOSP REVENUE</name>
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        <name>PITTSBURGH PA WTR &amp; SWR AUTH</name>
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        <name>BLACK BELT ENERGY GAS DIST AL</name>
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        <name>KYLE TX SPL ASSMNT REVENUE</name>
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        <title>City of Kyle TX</title>
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        <name>EHOVE OH JT VOCATIONAL SCH DIS</name>
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        <name>KANSAS MUNI ENERGY AGY PWR PRO</name>
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        <name>MONTGOMERY CNTY PA INDL DEV AU</name>
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      <invstOrSec>
        <name>MOBILE AL IMPT DIST SALES TAX</name>
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        <name>MICHIGAN ST FIN AUTH REVENUE</name>
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        <name>QUINLAN TX INDEP SCH DIST</name>
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          <maturityDt>2041-08-15</maturityDt>
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          <isin value="US506498F332"/>
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          <maturityDt>2046-11-01</maturityDt>
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        <name>HAMILTON CNTY OH HOSP FACS REV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DELAWARE ST HLTH FACS AUTH REV</name>
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        <title>Delaware State Health Facilities Authority</title>
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        <fairValLevel>2</fairValLevel>
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        <name>ROSEVILLE CA SPL TAX</name>
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        <name>NEW HOPE CULTURAL EDU FACS FIN</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-08-15</maturityDt>
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        <name>LOS ANGELES CA DEPT OF ARPTS A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GEO L SMITH II GA CONGRESS CTR</name>
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        <name>WALNUT CREEK SPL UTIL DIST TX</name>
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        <name>INDIANA ST FIN AUTH HOSP REVEN</name>
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        <name>ALABAMA ST PORT AUTH DOCKS FAC</name>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <name>MISSOURI ST HLTH &amp; EDUCTNL FAC</name>
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        <name>WARREN CNTY OH HOSP FACS REVEN</name>
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        <name>FIREFLY PUBLIC INFRASTRUCTURE</name>
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        <name>CHANDLER AZ INDL DEV AUTH INDL</name>
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        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
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          <maturityDt>2040-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>CALIFORNIA STWD CMNTYS DEV AUT</name>
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          <isin value="US13080SSH84"/>
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          <maturityDt>2032-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <maturityDt>2035-07-01</maturityDt>
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        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>NEW JERSEY ST ECON DEV AUTH RE</name>
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        <title>New Jersey Economic Development Authority</title>
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          <isin value="US64577XEA00"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
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          <isin value="US592647MC23"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>OHIO ST WTR DEV AUTH REVENUE</name>
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        <title>Ohio Water Development Authority</title>
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          <isin value="US67765QMG81"/>
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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>2039-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>CONSOL MUNI ELEC PWR SYS WY JT</name>
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        <title>Consolidated Municipalities Electric Power Systems Joint Powers Board</title>
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        <name>NORTH LAS VEGAS NV LOCAL IMPT</name>
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        <title>City of North Las Vegas NV</title>
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        <name>CSCDA CMNTY IMPT AUTH CA ESSEN</name>
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        <name>HERITAGE HARBOUR FL N CDD CAPI</name>
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        <name>TULSA CNTY OK INDL AUTH SENIOR</name>
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        <name>MARINA CA REDEV AGY SUCCESSOR</name>
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        <name>CORALVILLE IA</name>
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        <name>CLEVELAND TN HLTH &amp; EDUCTNL FA</name>
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        <name>MENIFEE CA UNION SCH DIST PUBL</name>
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      <invstOrSec>
        <name>CUMBERLAND CNTY PA MUNI AUTH</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>MINNESOTA ST AGRIC &amp; ECON DEVB</name>
        <lei>N/A</lei>
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          <isin value="US6049203B27"/>
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        <assetCat>DBT</assetCat>
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          <maturityDt>2044-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>SALES TAX SECURITIZATION CORP</name>
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          <isin value="US79467BCG86"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>DE KALB GA PRIV HOSP AUTH</name>
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        <assetCat>DBT</assetCat>
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          <maturityDt>2037-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>IDAHO ST HLTH FACS AUTH REVENU</name>
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        <title>Idaho Health Facilities Authority</title>
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          <isin value="US451295YQ68"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-09-01</maturityDt>
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        <name>WASHINGTON ST HLTH CARE FACS A</name>
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        <title>Washington Health Care Facilities Authority</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LOS ANGELES CA DEPT OF ARPTS A</name>
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        <title>City of Los Angeles Department of Airports</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HARRIS CNTY-HOUSTON TX SPORTS</name>
        <lei>N/A</lei>
        <title>Harris County-Houston Sports Authority</title>
        <cusip>413890GW8</cusip>
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          <isin value="US413890GW87"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2169994.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>CELINA TX SPL ASSESSMENT REVEN</name>
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        <curCd>USD</curCd>
        <valUSD>1043620.10000000</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>2037-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW JERSEY ST ECON DEV AUTH MT</name>
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        <title>New Jersey Economic Development Authority</title>
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          <isin value="US64578JBE55"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-01</maturityDt>
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        <name>LOUISVILLE &amp; JEFFERSON CNTY KY</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-15</maturityDt>
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        <name>IOWA ST FIN AUTH REVENUE</name>
        <lei>549300NQVL49BTHOW391</lei>
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          <isin value="US46247SGS77"/>
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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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        <name>PUB FIN AUTH WI TAX INCREMENT</name>
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        <name>THE HEIGHTS CDD FL SPL ASSESSM</name>
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        <name>SNOHOMISH CNTY WA HSG AUTH</name>
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        <title>Snohomish County Housing Authority</title>
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        <name>N TX TOLLWAY AUTH REVENUE</name>
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        <name>SUNMAN DEARBORN IN HIGH SCH BL</name>
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        <name>CATHEDRAL PINES CO MET DIST</name>
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        <name>THOMPSON CROSSING MET DIST #4</name>
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        <name>TRAILS AT CROWFOOT MET DIST #3</name>
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        <name>RHODE ISLAND ST HLTH &amp; EDUCTNL</name>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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          <isin value="US442349FT89"/>
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          <isin value="US875161CT62"/>
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        <name>DANVILLE IN MULTI-SCH BLDG COR</name>
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        <title>Danville Multi-School Building Corp</title>
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        <name>ORANGE CNTY FL HLTH FACS AUTH</name>
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        <name>PUBLIC FIN AUTH WI CHRT SCH RE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CARROLL CITY-CNTY GA HOSP AUTH</name>
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        <name>CONNECTICUT ST</name>
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        <name>LEAVENWORTH CNTY KS UNIF SCH D</name>
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      <invstOrSec>
        <name>HAWAII ST ARPTS SYS REVENUE</name>
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        <name>LAKEVIEW MI PUBLIC SCH DIST</name>
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          <isin value="US512264LK65"/>
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        <name>ALLEGHENY CNTY PA ARPT AUTH AR</name>
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          <maturityDt>2043-01-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>CONNECTICUT ST</name>
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          <isin value="US20772KA660"/>
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        <balance>500000.00000000</balance>
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        <valUSD>550569.70000000</valUSD>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>DOUGLAS CNTY NE HOSP AUTH #2</name>
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        <title>Douglas County Hospital Authority No 2</title>
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          <isin value="US259230KT66"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CLACKAMAS CNTY OR HOSP FAC AUT</name>
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          <isin value="US179027XK83"/>
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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>2026-05-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>SAN FRANCISCO CA CITY &amp; CNTY D</name>
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          <isin value="US79771HAD52"/>
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        <balance>700000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-09-01</maturityDt>
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        <name>CALIFORNIA STWD CMNTYS DEV AUT</name>
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          <isin value="US13080SMF82"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>ALLISON VLY MET DIST #2 CO</name>
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        <name>DALLAS CENTER IA GRIMES CMNTY</name>
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        <name>PORT OF SEATTLE WA REVENUE</name>
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        <name>WINCHESTER VA ECON DEV AUTH RE</name>
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          <isin value="US973122AU88"/>
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        <name>LOWER COLORADO RIVER TX AUTH T</name>
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        <name>LEAVENWORTH CNTY KS UNIF SCH D</name>
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        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FL AVIATION RE</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LOWER COLORADO RIVER TX AUTH T</name>
        <lei>549300QJFPW2NNBYR215</lei>
        <title>Lower Colorado River Authority</title>
        <cusip>54811BR52</cusip>
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          <isin value="US54811BR528"/>
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        <balance>2375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2450638.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>TAMPA FL HOSP REVENUE</name>
        <lei>N/A</lei>
        <title>City of Tampa FL</title>
        <cusip>875161DA6</cusip>
        <identifiers>
          <isin value="US875161DA62"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>283737.78000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>CHICAGO IL O'HARE INTERNATIONA</name>
        <lei>N/A</lei>
        <title>Chicago O'Hare International Airport</title>
        <cusip>1675935Z1</cusip>
        <identifiers>
          <isin value="US1675935Z13"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1323716.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PHILADELPHIA PA GAS WKS REVENU</name>
        <lei>549300H8UJ7V5WU5IA90</lei>
        <title>Philadelphia Gas Works Co</title>
        <cusip>71783MDD4</cusip>
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          <isin value="US71783MDD48"/>
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        <balance>2415000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2468948.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PHILADELPHIA PA AUTH FOR INDL</name>
        <lei>549300DIY68KQZEW7M79</lei>
        <title>Philadelphia Authority for Industrial Development</title>
        <cusip>71780CAJ9</cusip>
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          <isin value="US71780CAJ99"/>
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        <balance>620000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>619274.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KANE COOK &amp; DU PAGE CNTYS IL C</name>
        <lei>N/A</lei>
        <title>Kane Cook &amp; DuPage etc Counties Community College District No 509 Elgin</title>
        <cusip>483854KF1</cusip>
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          <isin value="US483854KF14"/>
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        <balance>3460000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3421514.77000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BERKELEY CNTY SC ASSMNT REVENU</name>
        <lei>N/A</lei>
        <title>County of Berkeley SC</title>
        <cusip>084220AB8</cusip>
        <identifiers>
          <isin value="US084220AB88"/>
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        <balance>2250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1978319.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-01</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>ORANGE CNTY FL HLTH FACS AUTH</name>
        <lei>N/A</lei>
        <title>Orange County Health Facilities Authority</title>
        <cusip>68450LJM8</cusip>
        <identifiers>
          <isin value="US68450LJM81"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1779569.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>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>195000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>176889.02000000</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>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KENTUCKY ST HSG CORP SF MTGE</name>
        <lei>549300NTBUU903EKQ287</lei>
        <title>Kentucky Housing Corp</title>
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          <isin value="US491309HY93"/>
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        <balance>1480000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1446729.45000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>VIRGINIA BEACH VA DEV AUTH RSD</name>
        <lei>N/A</lei>
        <title>Virginia Beach Development Authority</title>
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          <isin value="US92774NAP50"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-09-01</maturityDt>
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        <name>WESTCHESTER CNTY NY LOCAL DEV</name>
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        <title>Westchester County Local Development Corp</title>
        <cusip>95737TFK7</cusip>
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          <isin value="US95737TFK79"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>BLACK BELT ENERGY GAS DIST AL</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>Black Belt Energy Gas District</title>
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          <isin value="US09182TAM99"/>
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        <balance>7695000.00000000</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>2052-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>UTILITY DEBT SECURITIZATION AU</name>
        <lei>N/A</lei>
        <title>Utility Debt Securitization Authority</title>
        <cusip>91802RFN4</cusip>
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          <isin value="US91802RFN44"/>
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        <balance>2165000.00000000</balance>
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        <valUSD>2348106.39000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CARMEL IN REDEV AUTH</name>
        <lei>N/A</lei>
        <title>Carmel Redevelopment Authority</title>
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          <isin value="US143293BL16"/>
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        <balance>2000000.00000000</balance>
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        <valUSD>1725824.00000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2040-07-15</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>INDIANA ST FIN AUTH HLTH SYS R</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority</title>
        <cusip>45470YFH9</cusip>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>KANSAS CITY MO INDL DEV AUTH A</name>
        <lei>549300QWDXL46XQC8110</lei>
        <title>Kansas City Industrial Development Authority</title>
        <cusip>48504NBV0</cusip>
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          <isin value="US48504NBV01"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1051610.60000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MET WASHINGTON DC ARPTS AUTH A</name>
        <lei>N/A</lei>
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          <isin value="US592647MA66"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>W HARRIS CNTY TX REGL WTR AUTH</name>
        <lei>N/A</lei>
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          <isin value="US95308RWQ81"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>RIVINGTON CDD FL SPL ASSMNT RE</name>
        <lei>N/A</lei>
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          <isin value="US769656AA70"/>
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        <curCd>USD</curCd>
        <valUSD>105000.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>MICHIGAN ST FIN AUTH REVENUE</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority</title>
        <cusip>59447TUH4</cusip>
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          <isin value="US59447TUH49"/>
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        <balance>2010000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2005316.50000000</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>2048-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LAS VEGAS NV SPL IMPT DIST #81</name>
        <lei>N/A</lei>
        <title>City of Las Vegas NV Special Improvement District No 818</title>
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          <isin value="US51779DAL73"/>
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        <valUSD>1003512.10000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ALLEGHENY CNTY PA HOSP DEV AUT</name>
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        <title>Allegheny County Hospital Development Authority</title>
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          <isin value="US01728A4W38"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-07-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>SUMMER WOODS CDD FL SPL ASSMNT</name>
        <lei>N/A</lei>
        <title>Summer Woods Community Development District</title>
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          <isin value="US865657AJ92"/>
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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>2050-05-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PORT OF SEATTLE WA REVENUE</name>
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        <title>Port of Seattle WA</title>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5142842.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AKRON BATH COPLEY JT TWP OH HO</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-11-15</maturityDt>
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        <name>LOWER COLORADO RIVER TX AUTH T</name>
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        <title>Lower Colorado River Authority</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-05-15</maturityDt>
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        <name>DELAWARE ST ECON DEV AUTH RETM</name>
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          <maturityDt>2043-11-15</maturityDt>
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        <name>TERN BAY CDD FL SPL ASSMNT</name>
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          <maturityDt>2027-06-15</maturityDt>
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        <name>TEXAS ST PRIV ACTIVITY BOND SU</name>
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        <title>Texas Private Activity Bond Surface Transportation Corp</title>
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        <name>PUBLIC FIN AUTH WI EDU REVENUE</name>
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        <title>Public Finance Authority</title>
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        <name>PHOENIX AZ INDL DEV AUTH STUDE</name>
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        <name>CHICAGO IL BRD OF EDU</name>
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        <title>Chicago Board of Education</title>
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        <name>MISSOURI JT MUNI ELEC UTILITY</name>
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          <maturityDt>2041-11-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH CH</name>
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          <isin value="US130486AM51"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ORANGE CNTY FL HLTH FACS AUTH</name>
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          <isin value="US68450LHE83"/>
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        <valUSD>530034.20000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>PHOENIX AZ INDL DEV AUTH STUDE</name>
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          <isin value="US71885DDZ24"/>
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        <curCd>USD</curCd>
        <valUSD>854815.08000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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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>
        <cusip>64972GP73</cusip>
        <identifiers>
          <isin value="US64972GP735"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2288433.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-15</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>MISSOURI JT MUNI ELEC UTILITY</name>
        <lei>N/A</lei>
        <title>Missouri Joint Municipal Electric Utility Commission</title>
        <cusip>606092PM0</cusip>
        <identifiers>
          <isin value="US606092PM00"/>
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        <balance>555000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>598921.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COLORADO SPRINGS CO SCH DIST #</name>
        <lei>N/A</lei>
        <title>Colorado Springs School District No 11 Facilities Corp</title>
        <cusip>19662UBJ0</cusip>
        <identifiers>
          <isin value="US19662UBJ07"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1045155.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-15</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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        <name>MUNI ELEC AUTH OF GA</name>
        <lei>JA0WNILDDF2KUPS83B16</lei>
        <title>Municipal Electric Authority of Georgia</title>
        <cusip>62620HGH9</cusip>
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          <isin value="US62620HGH93"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>642686.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-01</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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WI EXEMPT FACS</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74443QAC6</cusip>
        <identifiers>
          <isin value="US74443QAC69"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1000703.00000000</valUSD>
        <pctVal>0.051836225188</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PHILADELPHIA PA ENERGY AUTH</name>
        <lei>N/A</lei>
        <title>Philadelphia Energy Authority/The</title>
        <cusip>71780UAQ3</cusip>
        <identifiers>
          <isin value="US71780UAQ31"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1046630.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-01</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>RANCHO CORDOVA CA CMNTY FACS D</name>
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        <title>City of Rancho Cordova CA</title>
        <cusip>75211RME4</cusip>
        <identifiers>
          <isin value="US75211RME44"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>168896.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-01</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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        <name>MILITARY INSTALLATION DEV AUTH</name>
        <lei>N/A</lei>
        <title>Military Installation Development Authority</title>
        <cusip>599772AF7</cusip>
        <identifiers>
          <isin value="US599772AF75"/>
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        <balance>2750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2087566.80000000</valUSD>
        <pctVal>0.108135563440</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-06-01</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>
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          <isLoanByFund>N</isLoanByFund>
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        <name>LA VERNIA TX HGR EDU FIN CORP</name>
        <lei>N/A</lei>
        <title>La Vernia Higher Education Finance Corp</title>
        <cusip>505237CE5</cusip>
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          <isin value="US505237CE54"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>140281.83000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.20000000</annualizedRt>
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        <name>CONNECTICUT ST HLTH &amp; EDUCTNL</name>
        <lei>549300ZOQJ5U8YBS5Q35</lei>
        <title>Connecticut State Health &amp; Educational Facilities Authority</title>
        <cusip>20775DEX6</cusip>
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          <isin value="US20775DEX66"/>
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        <balance>445000.00000000</balance>
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        <valUSD>465794.89000000</valUSD>
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          <maturityDt>2034-07-01</maturityDt>
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        <name>CALIFORNIA SCH FIN AUTH SCH FA</name>
        <lei>N/A</lei>
        <title>California School Finance Authority</title>
        <cusip>13059TDH9</cusip>
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          <isin value="US13059TDH95"/>
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        <balance>600000.00000000</balance>
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        <valUSD>601401.12000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LOUDOUN CNTY VA ECONOMIC DEV A</name>
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        <title>Loudoun County Economic Development Authority</title>
        <cusip>54602QAQ4</cusip>
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          <isin value="US54602QAQ47"/>
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        <balance>510000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <name>ARIZONA ST INDL DEV AUTH EDU R</name>
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        <title>Arizona Industrial Development Authority</title>
        <cusip>04052BQF4</cusip>
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          <isin value="US04052BQF49"/>
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        <balance>500000.00000000</balance>
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        <valUSD>447005.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority</title>
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          <isin value="US19648FKS29"/>
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        <balance>3025000.00000000</balance>
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        <valUSD>3002234.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUTNAM CNTY FL DEV AUTH</name>
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        <name>GULFPORT MS HOSP FAC REVENUE</name>
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      <invstOrSec>
        <name>LEBANON PA AUTH SWR REVENUE</name>
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          <isin value="US522858FR59"/>
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          <maturityDt>2029-12-15</maturityDt>
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      <invstOrSec>
        <name>CENTRL TX REGL MOBILITY AUTH R</name>
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          <isin value="US155498LT39"/>
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          <maturityDt>2039-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>ST LOUIS MO MUNI LIBRARY DIST</name>
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          <isin value="US85236UAR14"/>
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          <maturityDt>2039-03-15</maturityDt>
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        <name>CENTRL WELD CNTY CO WTR DIST R</name>
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          <isin value="US156024BY68"/>
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        <name>LA VERNIA TX HGR EDU FIN CORP</name>
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          <isin value="US505237CJ42"/>
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          <maturityDt>2025-08-15</maturityDt>
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        <name>ARIZONA ST INDL DEV AUTH NATIO</name>
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          <isin value="US04052FFE07"/>
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      <invstOrSec>
        <name>MEADE CNTY KY INDL BLDG REVENU</name>
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          <isin value="US583022AE86"/>
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        <name>NEW YORK CITY NY TRANSITIONAL</name>
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        <name>PUBLIC FIN AUTH WI RETMNT FAC</name>
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      <invstOrSec>
        <name>INTERMOUNTAIN PWR AGY UT PWR S</name>
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          <isin value="US45884AB770"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-06-01</maturityDt>
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        <name>CHICAGO IL</name>
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        <curCd>USD</curCd>
        <valUSD>577819.26000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>MAXATAWNY TWP PA MUNI AUTH REV</name>
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          <isin value="US57778PAC86"/>
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        <curCd>USD</curCd>
        <valUSD>493515.10000000</valUSD>
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        <debtSec>
          <maturityDt>2041-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>CALIFORNIA ST MUNI FIN AUTH SP</name>
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          <isin value="US13050RAA05"/>
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          <maturityDt>2029-07-15</maturityDt>
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        <name>NORTH MIAMI BEACH FL SPL OBLIG</name>
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          <isin value="US661004AV32"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>UNIV HOSPS &amp; CLINICS AUTH WI</name>
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        <debtSec>
          <maturityDt>2048-04-01</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>BENTON CNTY WA PUBLIC UTILITY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CELINA TX SPL ASSESSMENT REVEN</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>POLK CNTY FL INDL DEV AUTH</name>
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        <name>WASHINGTON ST CONVENTION CENTE</name>
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        <name>GLENDALE AZ INDL DEV AUTH SENI</name>
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          <isin value="US378287AV80"/>
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      <invstOrSec>
        <name>BUCKEYE OH TOBACCO SETTLEMENT</name>
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        <name>CONNECTICUT ST SPL TAX OBLIG R</name>
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          <isin value="US207758D591"/>
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        <name>S ESTRN PA TRANSPRTN AUTH</name>
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        <title>Southeastern Pennsylvania Transportation Authority</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2041-06-01</maturityDt>
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        <name>JACKSON CNTY MO CONSOL SCH DIS</name>
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        <name>BURKE CNTY GA DEV AUTH POLL CO</name>
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        <name>LANCASTER CNTY PA HOSP AUTH</name>
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        <name>DALLAS-FORT WORTH TX INTERNATI</name>
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        <name>SANTA MARGARITA CA WTR DIST SP</name>
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        <name>CUMBERLAND CNTY PA MUNI AUTH</name>
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        <name>ARIZONA ST INDL DEV AUTH EDU R</name>
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          <isin value="US04052BMA97"/>
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        <name>FORT WORTH TX SPL ASSMNT REVEN</name>
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        <name>RENO NV CAPITAL IMPT REVENUE</name>
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        <name>S ESTRN PA TRANSPRTN AUTH</name>
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        <name>COLORADO SPRINGS CO PIKES PEAK</name>
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        <name>BUCKEYE OH TOBACCO SETTLEMENT</name>
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        <name>HALIFAX FL HOSP MED CTR</name>
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        <name>SACRAMENTO CA SPL TAX</name>
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        <name>KENTUCKY ST ECON DEV FIN AUTH</name>
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        <name>IPS MULTI-SCH BLDG CORP IN</name>
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        <name>EAST BATON ROUGE PARISH LA CAP</name>
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        <name>MICHIGAN ST FIN AUTH LTD OBLIG</name>
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        <name>LEE CNTY FL LOCAL OPTIONAL GAS</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BROWNSBURG IN 1999 SCH BLDG CO</name>
        <lei>N/A</lei>
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          <isin value="US116083C539"/>
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        <curCd>USD</curCd>
        <valUSD>2095466.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EDGEWATER EAST CDD FL SPL ASSM</name>
        <lei>N/A</lei>
        <title>Edgewater East Community Development District</title>
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          <isin value="US280286AA35"/>
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        <balance>215000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>211438.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MAIN STREET NATURAL GAS INC GA</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>Main Street Natural Gas Inc</title>
        <cusip>56035DFC1</cusip>
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          <isin value="US56035DFC11"/>
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        <balance>2795000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2914398.77000000</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>2053-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GULFPORT MS HOSP FAC REVENUE</name>
        <lei>N/A</lei>
        <title>City of Gulfport MS</title>
        <cusip>402682DC9</cusip>
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          <isin value="US402682DC97"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>522241.20000000</valUSD>
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        <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>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FOLSOM RANCH CA FING AUTH SPL</name>
        <lei>N/A</lei>
        <title>Folsom Ranch Financing Authority</title>
        <cusip>344414BV8</cusip>
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          <isin value="US344414BV87"/>
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        <balance>155000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>155063.84000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Virginia Small Business Financing Authority</name>
        <lei>N/A</lei>
        <title>VA SMALL BUSINESS FI 5.0</title>
        <cusip>928104PP7</cusip>
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          <isin value="US928104PP76"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2531495.50000000</valUSD>
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        <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>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MICHIGAN ST FIN AUTH REVENUE</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority</title>
        <cusip>59447TVA8</cusip>
        <identifiers>
          <isin value="US59447TVA86"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1822354.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JACKSON CNTY MO CONSOL SCH DIS</name>
        <lei>N/A</lei>
        <title>Jackson County Consolidated School District No 4</title>
        <cusip>467484RS2</cusip>
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          <isin value="US467484RS21"/>
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        <balance>2150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2175116.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BEXLEY CDD FL SPL ASSMNT REVEN</name>
        <lei>N/A</lei>
        <title>Bexley Community Development District</title>
        <cusip>088570AB2</cusip>
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          <isin value="US088570AB28"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99865.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.10000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WESTCHESTER CNTY NY LOCAL DEV</name>
        <lei>549300KOSU8OC75V9238</lei>
        <title>Westchester County Local Development Corp</title>
        <cusip>95737TFN1</cusip>
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          <isin value="US95737TFN19"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>539822.70000000</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>2049-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GULFPORT MS HOSP FAC REVENUE</name>
        <lei>N/A</lei>
        <title>City of Gulfport MS</title>
        <cusip>402682DD7</cusip>
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          <isin value="US402682DD70"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>519042.85000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ASTORIA OR HOSP FACS AUTH</name>
        <lei>N/A</lei>
        <title>Astoria Hospital Facilities Authority</title>
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          <isin value="US046279CS29"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>778209.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>CENTRL TX REGL MOBILITY AUTH R</name>
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        <title>Central Texas Regional Mobility Authority</title>
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          <isin value="US155498LV84"/>
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        <balance>640000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>601492.03000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2041-01-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>IOWA ST FIN AUTH MIDWSTRN DISA</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>Iowa Finance Authority</title>
        <cusip>46246SAV7</cusip>
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          <isin value="US46246SAV79"/>
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        <balance>3000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <name>NEW YORK NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>City of New York NY</title>
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        <valUSD>3136128.84000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-10-01</maturityDt>
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        <name>MISSION TX ECON DEV CORP SOL W</name>
        <lei>N/A</lei>
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          <isin value="US605155BR07"/>
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        <balance>1000000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>HIDALGO CNTY TX</name>
        <lei>N/A</lei>
        <title>County of Hidalgo TX</title>
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        <balance>850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>901075.91000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>SAN DIEGO CNTY CA REGL ARPT AU</name>
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          <isin value="US79739GRA66"/>
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      <invstOrSec>
        <name>FONTANA CA SPL TAX</name>
        <lei>N/A</lei>
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          <isin value="US344630M886"/>
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          <maturityDt>2044-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH CH</name>
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        <title>California Municipal Finance Authority</title>
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          <isin value="US13048DCP15"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
        <cusip>64990BR62</cusip>
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          <isin value="US64990BR627"/>
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        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IRVINE CA UNIF SCH DIST SPL TA</name>
        <lei>549300BNIP4XNVC0X742</lei>
        <title>Irvine Unified School District</title>
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          <isin value="US463612MS79"/>
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      <invstOrSec>
        <name>N TX TOLLWAY AUTH REVENUE</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority</title>
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          <isin value="US66285WXC53"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-01-01</maturityDt>
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        <name>SOUTH CAROLINA ST PUBLIC SVC A</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
        <title>South Carolina Public Service Authority</title>
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          <isin value="US837151R274"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>LOWER AL GAS DIST GAS PROJ REV</name>
        <lei>549300YTI1NTDG2OVU42</lei>
        <title>Lower Alabama Gas District/The</title>
        <cusip>547804AM6</cusip>
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          <isin value="US547804AM69"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW MEXICO ST HOSP EQUIPMENT L</name>
        <lei>N/A</lei>
        <title>New Mexico Hospital Equipment Loan Council</title>
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          <isin value="US647370KH74"/>
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        <name>SACRAMENTO CA SPL TAX</name>
        <lei>N/A</lei>
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          <isin value="US786071QY91"/>
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        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
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        <title>Pennsylvania Turnpike Commission</title>
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        <name>MIAMI-DADE CNTY FL AVIATION RE</name>
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        <name>CHAUTAUQUA CNTY NY CAPITAL RES</name>
        <lei>N/A</lei>
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          <isin value="US16254PAB94"/>
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        <name>CHATTANOOGA TN HLTH EDUCTNL &amp;</name>
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        <title>Chattanooga Health Educational &amp; Housing Facility Board</title>
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          <isin value="US162409AL00"/>
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        <name>PORT OF SEATTLE WA REVENUE</name>
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        <name>SAINT PAUL MN HSG &amp; REDEV AUTH</name>
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        <name>HILLSBOROUGH CNTY FL SOL WST &amp;</name>
        <lei>N/A</lei>
        <title>County of Hillsborough FL Solid Waste &amp; Resource Recovery Revenue</title>
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          <isin value="US432342EH25"/>
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      <invstOrSec>
        <name>LORSON RANCH MET DIST #2 CO</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>MIDLAND MI PUBLIC SCHS</name>
        <lei>N/A</lei>
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        <name>PALM BEACH CNTY FL HLTH FACS A</name>
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        <name>GEORGIA ST HGR EDU FACS AUTH R</name>
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          <isin value="US373511HY30"/>
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        <name>FALLSCHASE CMNTY DEV DIST FL S</name>
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          <isin value="US306748AC87"/>
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        <fairValLevel>2</fairValLevel>
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        <name>DENVER CITY &amp; CNTY CO ARPT REV</name>
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          <isin value="US249182LF11"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-12-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PINON PINES MET DIST #2 CO</name>
        <lei>N/A</lei>
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          <isin value="US72352VAB09"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CENTRL PUGET SOUND WA REGL TRA</name>
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          <isin value="US155048DD08"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>BARBERS HILL TX INDEP SCH DIST</name>
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        <title>Barbers Hill Independent School District</title>
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          <isin value="US067167WV47"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-02-15</maturityDt>
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        <name>EL PASO CNTY CO SCH DIST #20</name>
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        <name>PHILADELPHIA PA GAS WKS REVENU</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-08-01</maturityDt>
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      <invstOrSec>
        <name>VLG FL CDD #6 SPL ASSMNT REVEN</name>
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        <title>Village Community Development District No 6</title>
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          <isin value="US92707UAY29"/>
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        <name>CATOOSA OK INDL AUTH SALES TAX</name>
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        <name>SOUTH BROWARD FL HOSP DIST</name>
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        <name>MENIFEE CA UNION SCH DIST SPL</name>
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        <name>LINCOLNWOOD IL TAX INCREMENT A</name>
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        <name>JEFFERSON CNTY AL SWR REVENUE</name>
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      <invstOrSec>
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          <isin value="US452017AJ52"/>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>CLARK CNTY NV</name>
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          <maturityDt>2033-07-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>CALIFORNIA STWD CMNTYS DEV AUT</name>
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          <isin value="US13080SRV87"/>
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        <name>HAMILTON CNTY &amp; CHATTANOOGA SP</name>
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          <isin value="US407081AU29"/>
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      <invstOrSec>
        <name>TEXAS ST PRIV ACTIVITY BOND SU</name>
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          <isin value="US882667AV08"/>
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      <invstOrSec>
        <name>UNIV OF TEXAS TX PERMANENT UNI</name>
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          <isin value="US915130BM96"/>
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        <name>SAND CREEK CO MET DIST</name>
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          <isin value="US799712KC75"/>
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        <name>TWO LAKES CDD FL SPL ASSMNT</name>
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          <isin value="US90207EAU55"/>
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        <name>PORT OF GTR CINCINNATI DEV AUT</name>
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        <name>LOUISIANA ST PUBLIC FACS AUTHS</name>
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        <name>DENVER CITY &amp; CNTY CO ARPT REV</name>
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        <name>W CORNWALL TWP PA MUNI AUTH</name>
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        <name>MICHIGAN ST FIN AUTH REVENUE</name>
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        <name>STERLING RANCH CMNTY AUTH BRD</name>
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      <invstOrSec>
        <name>CUMBERLAND CNTY PA MUNI AUTH</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>HAMILTON CNTY OH HOSP FACS REV</name>
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          <isin value="US4072722B80"/>
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        <curCd>USD</curCd>
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          <maturityDt>2051-08-15</maturityDt>
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          <annualizedRt>2.70000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PINON PINES MET DIST #2 CO</name>
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          <isin value="US72352VAA26"/>
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        <curCd>USD</curCd>
        <valUSD>860278.66000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2040-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>CHICAGO IL O'HARE INTERNATIONA</name>
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        <title>Chicago O'Hare International Airport</title>
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          <isin value="US1675932A98"/>
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        <curCd>USD</curCd>
        <valUSD>342228.58000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CENTRL TX REGL MOBILITY AUTH R</name>
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          <isin value="US155498DM77"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ALABAMA CMNTY CLG SYS BRD OF T</name>
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          <isin value="US01025PDU49"/>
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        <curCd>USD</curCd>
        <valUSD>223636.95000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WSTRN VA REGL JAIL AUTH REGL J</name>
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          <isin value="US95984RDQ02"/>
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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>2034-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>ARIZONA ST INDL DEV AUTH EDU R</name>
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          <isin value="US04052BAK08"/>
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        <invCountry>US</invCountry>
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        <name>MENIFEE CA UNION SCH DIST SPL</name>
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        <name>OHIO ST AIR QUALITY DEV AUTH</name>
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          <isin value="US677525WB93"/>
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        <name>HAMILTON CNTY &amp; CHATTANOOGA SP</name>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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          <isin value="US59261AX695"/>
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        <name>CHARLOTTE NC ARPT REVENUE</name>
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        <name>CALIFORNIA ST MUNI FIN AUTH RE</name>
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        <title>California Municipal Finance Authority</title>
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        <name>MICHIGAN ST FIN AUTH REVENUE</name>
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        <title>Michigan Finance Authority</title>
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        <name>CASCADE RIDGE MET DIST CO</name>
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        <name>ADAMS CNTY CO SCH DIST #14</name>
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          <maturityDt>2040-07-01</maturityDt>
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          <annualizedRt>4.32900000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SOUTH CAROLINA ST PUBLIC SVC A</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
        <title>South Carolina Public Service Authority</title>
        <cusip>8371514E6</cusip>
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          <isin value="US8371514E65"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1814348.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BLACK BELT ENERGY GAS DIST AL</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>Black Belt Energy Gas District</title>
        <cusip>09182TDB0</cusip>
        <identifiers>
          <isin value="US09182TDB08"/>
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        <balance>4150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4438801.41000000</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>2054-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LANCASTER PA MUNI AUTH HLTHCAR</name>
        <lei>N/A</lei>
        <title>Lancaster Municipal Authority</title>
        <cusip>514350AR8</cusip>
        <identifiers>
          <isin value="US514350AR88"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1479746.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GLOUCESTER CNTY VA INDL DEV AU</name>
        <lei>N/A</lei>
        <title>Gloucester County Economic Development Authority</title>
        <cusip>37970RAB4</cusip>
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          <isin value="US37970RAB42"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2978946.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHATTANOOGA TN HLTH EDUCTNL &amp;H</name>
        <lei>N/A</lei>
        <title>Chattanooga Health Educational &amp; Housing Facility Board</title>
        <cusip>162410EF7</cusip>
        <identifiers>
          <isin value="US162410EF76"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>259542.13000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TARRANT CNTY TX CULTURAL EDU F</name>
        <lei>549300ROY505NVTMMI25</lei>
        <title>Tarrant County Cultural Education Facilities Finance Corp</title>
        <cusip>87638QTJ8</cusip>
        <identifiers>
          <isin value="US87638QTJ84"/>
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        <balance>6500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6823124.10000000</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>2049-12-01</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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PROVIDENCE RI PUBLIC BLDGS AUT</name>
        <lei>N/A</lei>
        <title>Providence Public Building Authority</title>
        <cusip>74381MDL6</cusip>
        <identifiers>
          <isin value="US74381MDL63"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1056987.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-09-15</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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HAMILTON CNTY &amp; CHATTANOOGA SP</name>
        <lei>N/A</lei>
        <title>Hamilton County &amp; Chattanooga Sports Authority</title>
        <cusip>407081AV0</cusip>
        <identifiers>
          <isin value="US407081AV02"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1108723.10000000</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>2050-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FL SEAPORT REV</name>
        <lei>N/A</lei>
        <title>County of Miami-Dade Seaport Department</title>
        <cusip>59335KEZ6</cusip>
        <identifiers>
          <isin value="US59335KEZ66"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2016353.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA ST ENTERPRISE DEV A</name>
        <lei>549300544P6FSHU1HB46</lei>
        <title>California Enterprise Development Authority</title>
        <cusip>13067VAR5</cusip>
        <identifiers>
          <isin value="US13067VAR50"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>225501.91000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WARREN CNTY OH HLTH CARE FACS</name>
        <lei>N/A</lei>
        <title>County of Warren OH</title>
        <cusip>93515PEJ2</cusip>
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          <isin value="US93515PEJ21"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1001832.10000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INDIANA FIN AUTH MIDWESTERN DI</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority</title>
        <cusip>45470CAG4</cusip>
        <identifiers>
          <isin value="US45470CAG42"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3030228.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MENIFEE CA UNION SCH DIST SPL</name>
        <lei>N/A</lei>
        <title>Menifee Union School District</title>
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          <isin value="US586810P728"/>
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        <curCd>USD</curCd>
        <valUSD>182678.51000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST FIN AUTH ACADEMIC</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
        <cusip>452017AK2</cusip>
        <identifiers>
          <isin value="US452017AK26"/>
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        <balance>850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>882624.28000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SACRAMENTO CA SPL TAX</name>
        <lei>N/A</lei>
        <title>City of Sacramento CA</title>
        <cusip>786071QU7</cusip>
        <identifiers>
          <isin value="US786071QU79"/>
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        <balance>220000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>222089.27000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INDIANA ST FIN AUTH REVENUE</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority</title>
        <cusip>45506D4Y8</cusip>
        <identifiers>
          <isin value="US45506D4Y87"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>505287.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>HILLSBOROUGH CNTY FLA INDL DEV</name>
        <lei>N/A</lei>
        <title>Hillsborough County Industrial Development Authority</title>
        <cusip>43233KAS3</cusip>
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          <isin value="US43233KAS33"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1564482.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-15</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>
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        <name>CLARK CNTY NV ARPT REVENUE</name>
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        <name>WAKE CNTY NC LIMITED OBLIG</name>
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      <invstOrSec>
        <name>KALAMAZOO MI HOSP FIN AUTH</name>
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      <invstOrSec>
        <name>LAKELAND FL ENERGY SYS REVENUE</name>
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          <isin value="US51166FGM59"/>
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      <invstOrSec>
        <name>CLEMSON SC UNIV UNIV REVENUES</name>
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        <title>Clemson University</title>
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          <isin value="US185630E976"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>CLARK CNTY NV POLL CONTROL REV</name>
        <lei>N/A</lei>
        <title>County of Clark NV</title>
        <cusip>181008BE2</cusip>
        <identifiers>
          <isin value="US181008BE29"/>
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        <curCd>USD</curCd>
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          <maturityDt>2036-01-01</maturityDt>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>State of California</title>
        <cusip>13063CYN4</cusip>
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          <isin value="US13063CYN46"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>502357.75000000</valUSD>
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        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
        <cusip>452152Q61</cusip>
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          <isin value="US452152Q617"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>332204.54000000</valUSD>
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          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <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="US64972GCM42"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-15</maturityDt>
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        <name>MONTGOMERY CNTY PA INDL DEV AU</name>
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        <title>Montgomery County Industrial Development Authority/PA</title>
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          <isin value="US61360PCY43"/>
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          <couponKind>Fixed</couponKind>
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        <name>CALIFORNIA CNTY CA TOBACCO SEC</name>
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        <title>California County Tobacco Securitization Agency</title>
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          <isin value="US13016NGT54"/>
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        <name>OHIO ST AIR QUALITY DEV AUTH</name>
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        <title>Ohio Air Quality Development Authority</title>
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        <name>FLORIDA ST DEV FIN CORP EDUCTN</name>
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        <name>LOUISVILLE &amp; JEFFERSON CNTY KY</name>
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        <name>LOUISVILLE &amp; JEFFERSON CNTY KY</name>
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        <name>W CORNWALL TWP PA MUNI AUTH</name>
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          <maturityDt>2041-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>KERN CA CMNTY CLG DIST</name>
        <lei>N/A</lei>
        <title>Kern Community College District</title>
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          <isin value="US492244GS15"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CENTRL VLY CA ENERGY AUTH COMM</name>
        <lei>254900G5IPQ9MA3FRJ55</lei>
        <title>Central Valley Energy Authority</title>
        <cusip>15569DAA0</cusip>
        <identifiers>
          <isin value="US15569DAA00"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2113717.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>STERLING HILLS CO W MET DIST</name>
        <lei>N/A</lei>
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          <isin value="US85933MBP86"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>180274.29000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LAMMERSVILLE CA JT UNIF SCH DI</name>
        <lei>N/A</lei>
        <title>Lammersville Joint Unified School District</title>
        <cusip>513533DJ5</cusip>
        <identifiers>
          <isin value="US513533DJ53"/>
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        <balance>825000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>830647.70000000</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>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAINT LOUIS CNTY MO SPL OBLG</name>
        <lei>5493003TZLKXNN2MGO51</lei>
        <title>County of St Louis MO</title>
        <cusip>791526UB0</cusip>
        <identifiers>
          <isin value="US791526UB02"/>
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        <balance>1295000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1352165.06000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-01</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>LEE CNTY FL ARPT REVENUE</name>
        <lei>N/A</lei>
        <title>County of Lee FL Airport Revenue</title>
        <cusip>523470HV7</cusip>
        <identifiers>
          <isin value="US523470HV73"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1032256.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>YUMA AZ INDL DEV AUTH HOSP REV</name>
        <lei>N/A</lei>
        <title>Yuma Industrial Development Authority</title>
        <cusip>988514DC6</cusip>
        <identifiers>
          <isin value="US988514DC65"/>
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        <balance>2150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2216106.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-08-01</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>ARIZONA ST INDL DEV AUTH NATIO</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority</title>
        <cusip>04052FFA8</cusip>
        <identifiers>
          <isin value="US04052FFA84"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>334399.49000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-11-01</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>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
        <cusip>45204EBT4</cusip>
        <identifiers>
          <isin value="US45204EBT47"/>
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        <balance>845000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>853767.21000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ARIZONA ST INDL DEV AUTH NATIO</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority</title>
        <cusip>04052FFB6</cusip>
        <identifiers>
          <isin value="US04052FFB67"/>
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        <balance>360000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>367813.58000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>SOUTH DAKOTA ST HLTH &amp; EDUCTNL</name>
        <lei>549300ZW6LKR8UI2C378</lei>
        <title>South Dakota Health &amp; Educational Facilities Authority</title>
        <cusip>83755VZU1</cusip>
        <identifiers>
          <isin value="US83755VZU15"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>105487.12000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNIV OF N TEXAS UNIV REVENUE</name>
        <lei>N/A</lei>
        <title>University of North Texas System</title>
        <cusip>914729SB5</cusip>
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          <isin value="US914729SB58"/>
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        <balance>4105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4167532.29000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-15</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>JEFFERSON CNTY AL SWR REVENUE</name>
        <lei>N/A</lei>
        <title>County of Jefferson AL Sewer Revenue</title>
        <cusip>472682ZJ5</cusip>
        <identifiers>
          <isin value="US472682ZJ55"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>624049.68000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST FIN AUTH ACADEMIC</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
        <cusip>452017AM8</cusip>
        <identifiers>
          <isin value="US452017AM81"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>309717.69000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MARYLAND ST HLTH &amp; HGR EDUCTNL</name>
        <lei>N/A</lei>
        <title>Maryland Health &amp; Higher Educational Facilities Authority</title>
        <cusip>57421CCC6</cusip>
        <identifiers>
          <isin value="US57421CCC64"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>210512.27000000</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>2036-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BLACK BELT ENERGY GAS DIST AL</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>Black Belt Energy Gas District</title>
        <cusip>09182TBT3</cusip>
        <identifiers>
          <isin value="US09182TBT34"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1303417.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
        <cusip>452153FF1</cusip>
        <identifiers>
          <isin value="US452153FF14"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1053592.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
        <lei>N/A</lei>
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        <name>E BATON ROUGE PARISH LA SWR CO</name>
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        <name>HOMEWOOD AL EDUCTNL BLDG AUTH</name>
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          <isin value="US437887GF33"/>
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        <name>KANSAS CITY MO INDL DEV AUTH A</name>
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        <name>W CORNWALL TWP PA MUNI AUTH</name>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <name>MICHIGAN ST FIN AUTH REVENUE</name>
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          <isin value="US59447TUX98"/>
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        <name>LEE CNTY FL ARPT REVENUE</name>
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        <name>CLIFTON TX HGR EDU FIN CORP ED</name>
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        <name>JEFFERSON CNTY KY SCH DIST FIN</name>
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        <name>GAINESVILLE TX</name>
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        <name>ROBINSON TX</name>
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        <name>HAMILTON CNTY &amp; CHATTANOOGA SP</name>
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      <invstOrSec>
        <name>MICHIGAN ST FIN AUTH REVENUE</name>
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      <invstOrSec>
        <name>TEXAS WTR DEV BRD REVENUE</name>
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          <isin value="US88285AFY91"/>
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      <invstOrSec>
        <name>IDAHO ST HLTH FACS AUTH REVENU</name>
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        <title>Idaho Health Facilities Authority</title>
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          <isin value="US451295YT08"/>
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        <curCd>USD</curCd>
        <valUSD>967375.90000000</valUSD>
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          <maturityDt>2037-09-01</maturityDt>
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        <name>WASHINGTON MD SUBURBAN SAN DIS</name>
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        <title>Washington Suburban Sanitary Commission</title>
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          <couponKind>Fixed</couponKind>
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        <name>SAND CREEK CO MET DIST</name>
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          <isin value="US799712KA10"/>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Virginia Small Business Financing Authority</name>
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          <isin value="US928104PG77"/>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>L'ANSE CREUSE MI PUBLIC SCHS</name>
        <lei>549300L3W88HP5QUMY54</lei>
        <title>L'Anse Creuse Public Schools</title>
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          <isin value="US516228TH68"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>CROSS CREEK N CDD FL SPL ASSMN</name>
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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>2052-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <name>LEONARD TX INDEP SCH DIST</name>
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        <name>HOMEWOOD AL EDUCTNL BLDG AUTH</name>
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        <name>PORT OF GTR CINCINNATI DEV AUT</name>
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        <name>LEE CNTY FL ARPT REVENUE</name>
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        <name>CALIFORNIA ST</name>
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        <name>LEAVENWORTH CNTY KS UNIF SCH D</name>
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          <isin value="US522223GF76"/>
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        <name>CALIFORNIA STWD CMNTYS DEV AUT</name>
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        <name>HOUSTON TX ARPT SYS REVENUE</name>
        <lei>N/A</lei>
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          <isin value="US442349DH69"/>
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        <name>MIAMI-DADE CNTY FL AVIATION RE</name>
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        <name>PORT OF SEATTLE WA REVENUE</name>
        <lei>549300T9UCDUJ3GZL429</lei>
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      <invstOrSec>
        <name>COLORADO SPRINGS CO SCH DIST #</name>
        <lei>N/A</lei>
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        <name>IDAHO ST HSG &amp; FIN ASSN SALES</name>
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      <invstOrSec>
        <name>GAINESVILLE &amp; HALL CNTY GA HOS</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-02-15</maturityDt>
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        <name>EPPERSON N CDD FL CAPITAL IMPT</name>
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          <isin value="US29429VAB99"/>
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        <curCd>USD</curCd>
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          <maturityDt>2029-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>TELLURIDE CO COPS</name>
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          <isin value="US879676BK96"/>
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          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>TEXAS WTR DEV BRD REVENUE</name>
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        <title>Texas Water Development Board</title>
        <cusip>88285ADS4</cusip>
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          <isin value="US88285ADS42"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3087972.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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        <name>PANAMA CITY BEACH FL CAPITAL I</name>
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          <isin value="US698148AZ60"/>
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        <curCd>USD</curCd>
        <valUSD>735794.26000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
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          <isin value="US51265LAT35"/>
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        <name>PFLUGERVILLE TX</name>
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        <name>TEXAS ST WTR DEV BRD</name>
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          <isin value="US882854A364"/>
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        <name>FORT PIERCE FL UTILITIES AUTH</name>
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        <name>CALIFORNIA SCH FIN AUTH SCH FA</name>
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          <isin value="US13059TGJ25"/>
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        <name>SOUTHEAST ENERGY AUTH AL COMMO</name>
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        <name>CALIFORNIA ST PUBLIC WKS BRD L</name>
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        <name>MARYLAND ST HLTH &amp; HGR EDUCTNL</name>
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        <name>LAMMERSVILLE CA JT UNIF SCH DI</name>
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        <name>GEISINGER PA AUTH HLTH SYS REV</name>
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        <name>KENTUCKY ST ECON DEV FIN AUTH</name>
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        <name>UPTOWN DEV AUTH TX INCR CONTRA</name>
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          <maturityDt>2036-09-01</maturityDt>
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        <name>VICTOR CA ELEM SCH DIST CMNTYF</name>
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          <maturityDt>2046-09-01</maturityDt>
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        <name>GENESEE CNTY MI SWR DISP SYS R</name>
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          <isin value="US371643CN58"/>
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          <maturityDt>2038-06-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>SAINT JOHNS CNTY FL INDL DEV A</name>
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        <name>CHICAGO IL</name>
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        <name>PENNSYLVANIA ST HSG FIN AGY SF</name>
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          <isin value="US7087968G59"/>
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        <name>MICHIGAN ST FIN AUTH REVENUE</name>
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          <isin value="US59447TXZ10"/>
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        <name>CALIFORNIA ST MUNI FIN AUTH RE</name>
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          <isin value="US13048VKU16"/>
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        <name>WARREN CNTY OH HLTH CARE FACS</name>
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        <name>NORTH CAROLINA ST MED CARE COM</name>
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        <name>SAN FRANCISCO CALIF CITY &amp;CNTY</name>
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        <cusip>79766DTN9</cusip>
        <identifiers>
          <isin value="US79766DTN92"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1047086.90000000</valUSD>
        <pctVal>0.054238902392</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-01</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>ILLINOIS ST TOLL HIGHWAY AUTH</name>
        <lei>549300ISBFGI8MJJKM98</lei>
        <title>Illinois State Toll Highway Authority</title>
        <cusip>452252QS1</cusip>
        <identifiers>
          <isin value="US452252QS16"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>544370.40000000</valUSD>
        <pctVal>0.028198283247</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TRIMBLE CNTY KY ENVRNMNTL FACS</name>
        <lei>N/A</lei>
        <title>County of Trimble KY</title>
        <cusip>896221AF5</cusip>
        <identifiers>
          <isin value="US896221AF56"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1006648.40000000</valUSD>
        <pctVal>0.052144195778</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.70000000</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>NEW YORK ST TRANSPRTN DEV CORP</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp</title>
        <cusip>650116GU4</cusip>
        <identifiers>
          <isin value="US650116GU43"/>
        </identifiers>
        <balance>1240000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1293550.39000000</valUSD>
        <pctVal>0.067005664327</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</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="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>2025-06-23</ncom:dateSigned>
      <ncom:nameOfApplicant>First Trust Exchange-Traded Fund III</ncom:nameOfApplicant>
      <ncom:signature>Derek Maltbie</ncom:signature>
      <ncom:signerName>Derek Maltbie</ncom:signerName>
      <ncom:title>Treasurer, Chief Financial Officer and Chief Accounting Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
