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        <name>CORPUS CHRISTI TX UTILITY SYSR</name>
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        <name>BLACK BELT ENERGY GAS DIST AL</name>
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        <name>OREGON ST DEPT OF ADMIN SVCS L</name>
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        <name>MET WASHINGTON DC ARPTS AUTH D</name>
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          <isin value="US130493CD93"/>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <name>COATESVILLE PA AREA SCH DIST</name>
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        <name>PUBLIC FIN AUTH WI STUDENT HSG</name>
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        <name>ALBANY NY CAPITAL RESOURCE COR</name>
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        <name>NORTH CAROLINA ST HSG FIN AGY</name>
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        <title>North Carolina Housing Finance Agency</title>
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          <isin value="US6582077Q23"/>
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        <name>WALTON CNTY GA WTR &amp; SWR AUTH</name>
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        <name>SAN JOAQUIN HILLS CA TRANSPRTN</name>
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          <isin value="US59447THF30"/>
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        <name>HILLSBOROUGH CNTY FLA INDL DEV</name>
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        <title>Minnesota Housing Finance Agency</title>
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        <name>WASHINGTON CNTY OR SCH DIST #4</name>
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      <invstOrSec>
        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
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      <invstOrSec>
        <name>HAMDEN CT</name>
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          <maturityDt>2032-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>COLORADO ST HSG &amp; FIN AUTH</name>
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        <title>Colorado Housing and Finance Authority</title>
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        <curCd>USD</curCd>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
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        <title>Illinois Finance Authority</title>
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          <isin value="US45204FC943"/>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>WISCONSIN ST HSG &amp; ECON DEV AU</name>
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          <isin value="US9769046M90"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.10000000</annualizedRt>
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        <name>PUERTO RICO INDL TOURIST EDUCT</name>
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        <title>Puerto Rico Industrial Tourist Educational Medical &amp; Envirml Ctl Facs Fing Auth</title>
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          <isin value="US74527EFJ29"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>MARYLAND CMNTY DEV ADMIN HSG &amp;</name>
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        <title>Maryland Department of Housing &amp; Community Development</title>
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          <isin value="US57419URA87"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>563494.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-03-01</maturityDt>
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          <annualizedRt>6.25000000</annualizedRt>
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        <name>MANHATTAN KS</name>
        <lei>N/A</lei>
        <title>City of Manhattan KS</title>
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          <isin value="US562895XS65"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>KENTUCKY ST MUNI ENERGY AGY PW</name>
        <lei>254900W8G3M70YHUAO94</lei>
        <title>Kentucky Municipal Energy Agency</title>
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          <maturityDt>2029-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>CALIFORNIA ST STWD CMNTYS DEVA</name>
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        <title>California Statewide Communities Development Authority</title>
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          <maturityDt>2029-09-01</maturityDt>
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        <name>TOLEDO OH</name>
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          <annualizedRt>5.25000000</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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        <name>RICHMOND MI CMNTY SCHS</name>
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        <name>SABINE-NECHES NAV DIST TX</name>
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        <name>MAINE ST TURNPIKE AUTH SPL OBL</name>
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        <name>E-470 CO PUBLIC HIGHWAY AUTH</name>
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        <name>ILLINOIS ST TOLL HIGHWAY AUTH</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WALTON CNTY GA WTR &amp; SWR AUTH</name>
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          <maturityDt>2041-02-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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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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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
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        <name>PARKER CNTY TX</name>
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          <isin value="US701060JG11"/>
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          <maturityDt>2042-02-15</maturityDt>
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        <name>UTAH HSG CORP SF MTGE REVENUE</name>
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        <title>Utah Housing Corp</title>
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          <isin value="US917437RU11"/>
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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>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LAFAYETTE LA UTILITIES REVENUE</name>
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        <title>City of Lafayette LA Utilities Revenue</title>
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          <isin value="US506498C859"/>
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        <balance>550000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>LOUISVILLE &amp; JEFFERSON CNTY KY</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-10-01</maturityDt>
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        <name>CALIFORNIA ST MUNI FIN AUTH CO</name>
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        <title>California Municipal Finance Authority</title>
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          <isin value="US130493CF42"/>
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        <fairValLevel>2</fairValLevel>
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        <name>PALM BEACH CNTY FL HSG FIN AUT</name>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
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        <name>WRIGHT CITY MO SCH DIST #R-2</name>
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          <isin value="US982260HR55"/>
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        <name>CALIFORNIA ST</name>
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        <title>State of California</title>
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          <isin value="US13063CX548"/>
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        <name>MONTGOMERY CNTY TX MUNI UTIL D</name>
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        <name>TRI-CREEK IN 2002 HIGH SCH BLD</name>
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          <isin value="US45204FC869"/>
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        <name>CALIFORNIA ST ENTERPRISE DEV A</name>
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          <isin value="US13067RFS76"/>
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          <maturityDt>2040-08-01</maturityDt>
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        <name>GUADALUPE-BLANCO TX RIVER AUTH</name>
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          <isin value="US400525AT88"/>
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        <curCd>USD</curCd>
        <valUSD>2201834.84000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>ALLEGHENY CNTY PA SAN AUTH</name>
        <lei>N/A</lei>
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          <isin value="US017357A796"/>
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        <curCd>USD</curCd>
        <valUSD>500796.50000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>HUDSON MA</name>
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        <title>Town of Hudson MA</title>
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          <isin value="US443852XA10"/>
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        <curCd>USD</curCd>
        <valUSD>1006028.70000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-06-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NORTH CAROLINA ST MED CARE COM</name>
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        <title>North Carolina Medical Care Commission</title>
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          <isin value="US65821DZQ77"/>
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        <balance>1100000.00000000</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>2038-06-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CONNECTICUT ST HLTH &amp; EDUCTNL</name>
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        <title>Connecticut State Health &amp; Educational Facilities Authority</title>
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          <isin value="US20775DXV99"/>
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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>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>SAN MATEO CNTY CA TRANSPRTN AU</name>
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          <isin value="US79905CAB90"/>
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        <balance>4260000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-06-01</maturityDt>
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        <name>MINNESOTA ST HSG FIN AGY</name>
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        <title>Minnesota Housing Finance Agency</title>
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          <annualizedRt>6.25000000</annualizedRt>
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        <name>RICHMOND MI CMNTY SCHS</name>
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        <name>TAMPA BAY FL WTR REGL WTR SPLY</name>
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        <balance>750000.00000000</balance>
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        <name>WINCHESTER VA ECON DEV AUTH RE</name>
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        <name>IRVING TX INDEP SCH DIST</name>
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        <title>Irving Independent School District</title>
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        <name>GENESEE CNTY MI</name>
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        <name>HSG OPTIONS INC TX MF REVENUE</name>
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        <name>INDIANAPOLIS IN LOCAL PUBLIC I</name>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isin value="US917467CC47"/>
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          <maturityDt>2038-10-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>WEST VIRGINIA ST HOSP FIN AUTH</name>
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        <title>West Virginia Hospital Finance Authority</title>
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          <isin value="US956622Z231"/>
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        <curCd>USD</curCd>
        <valUSD>1095787.70000000</valUSD>
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          <maturityDt>2055-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isin value="US70917RKC87"/>
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          <maturityDt>2027-07-01</maturityDt>
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        <name>MESA AZ</name>
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          <maturityDt>2028-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>WEST VIRGINIA ST HOSP FIN AUTH</name>
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          <isin value="US956622X665"/>
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        <name>NEW YORK CITY NY TRANSITIONAL</name>
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          <isin value="US130493CG25"/>
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        <name>TARRANT CNTY TX CULTURAL EDU F</name>
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        <name>WRIGHT CITY MO SCH DIST #R-2</name>
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        <name>SOUTHEAST ENERGY AUTH AL COMMO</name>
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        <name>KELSEYVILLE CA UNIF SCH DIST</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-08-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>SAN JOAQUIN VLY CLEAN ENERGY A</name>
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        <name>TUCSON &amp; PIMA CNTYS AZ INDL DE</name>
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          <isin value="US898700JA82"/>
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        <name>SALES TAX SECURITIZATION CORP</name>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <name>ILLINOIS ST TOLL HIGHWAY AUTH</name>
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        <name>NEW BRITAIN CT</name>
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        <curCd>USD</curCd>
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          <maturityDt>2030-09-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>NEW YORK CITY NY MUNI WTR FIN</name>
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          <maturityDt>2048-06-15</maturityDt>
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        <name>ASHLAND KY MED CENTER REVENUE</name>
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          <isin value="US044293BF48"/>
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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="US59447T8C02"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-12-01</maturityDt>
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        <name>PENNSYLVANIA ST HSG FIN AGY SF</name>
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        <title>Pennsylvania Housing Finance Agency</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-10-01</maturityDt>
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        <name>WISCONSIN ST HSG &amp; ECON DEV AU</name>
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          <isin value="US97689QUW40"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-09-01</maturityDt>
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        <fairValLevel>2</fairValLevel>
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        <name>INDIANA ST FIN AUTH HOSP REVEN</name>
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        <title>Indiana Finance Authority</title>
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        <name>WRIGHT CITY MO SCH DIST #R-2</name>
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        <name>NEW YORK ST DORM AUTH ST PERSO</name>
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        <name>JOLIET IL</name>
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        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
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        <name>SEATTLE WA HSG AUTH</name>
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        <name>EUCLID OH CITY SCH DIST</name>
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        <name>LEANDER TX INDEP SCH DIST</name>
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        <name>NORTH CAROLINA ST HSG FIN AGY</name>
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          <maturityDt>2054-01-01</maturityDt>
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        <name>TEXAS ST TRANSPRTN COMMISSION</name>
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          <isin value="US88283KBQ04"/>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
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        <name>PECOS BARSTOW TOYAH TX INDEP S</name>
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        <name>CHARLOTTE-MECKLENBURG NC HOSP</name>
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        <name>DELAWARE ST HSG AUTH REVENUE</name>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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        <name>ARLINGTON CNTY VA INDL DEV AUT</name>
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        <name>NEW JERSEY ST EDUCTNL FACS AUT</name>
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        <title>New Jersey Educational Facilities Authority</title>
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        <name>IOWA ST FIN AUTH SF MTGE REVEN</name>
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        <title>Iowa Finance Authority</title>
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        <name>KERRVILLE TX PUBLIC UTILITY BR</name>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FORT BEND CNTY TX MUNI UTILITY</name>
        <lei>N/A</lei>
        <title>Fort Bend County Municipal Utility District No 167</title>
        <cusip>34682YJA8</cusip>
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          <isin value="US34682YJA82"/>
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        <curCd>USD</curCd>
        <valUSD>108331.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEVADA ST HIGHWAY IMPT REVENUE</name>
        <lei>N/A</lei>
        <title>State of Nevada Highway Improvement Revenue</title>
        <cusip>641480PA0</cusip>
        <identifiers>
          <isin value="US641480PA01"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>882424.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NORTH CAROLINA ST MED CARE COM</name>
        <lei>549300FH6KOXGCHQYG81</lei>
        <title>North Carolina Medical Care Commission</title>
        <cusip>65821DZV6</cusip>
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          <isin value="US65821DZV62"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1097323.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PRIV CLGS &amp; UNIVS AUTH GA</name>
        <lei>N/A</lei>
        <title>Private Colleges &amp; Universities Authority</title>
        <cusip>74265LZ50</cusip>
        <identifiers>
          <isin value="US74265LZ509"/>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>454479.30000000</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>2039-04-01</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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LONG ISLAND NY PWR AUTH ELEC S</name>
        <lei>1R46U5SYJ63KQXF39168</lei>
        <title>Long Island Power Authority</title>
        <cusip>542691KB5</cusip>
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          <isin value="US542691KB59"/>
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        <balance>1780000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1763419.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.00000000</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>DOUGLAS CNTY KS UNIF SCH DIST#</name>
        <lei>N/A</lei>
        <title>Douglas County Unified School District No 497 Lawrence</title>
        <cusip>259147SX5</cusip>
        <identifiers>
          <isin value="US259147SX56"/>
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        <balance>3410000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3410602.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UPTOWN DEV AUTH TX INCR CONTRA</name>
        <lei>N/A</lei>
        <title>Uptown Development Authority</title>
        <cusip>916856GK7</cusip>
        <identifiers>
          <isin value="US916856GK77"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>503539.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-01</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>
      <invstOrSec>
        <name>UTAH INFRASTRUCTURE AGY TELECO</name>
        <lei>549300WD2FDRNXU16V82</lei>
        <title>Utah Infrastructure Agency</title>
        <cusip>917467CG5</cusip>
        <identifiers>
          <isin value="US917467CG50"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>107545.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ST HGR EDUCTNL FA</name>
        <lei>N/A</lei>
        <title>Pennsylvania Higher Educational Facilities Authority</title>
        <cusip>70917TTK7</cusip>
        <identifiers>
          <isin value="US70917TTK78"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2292112.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <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>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ARIZONA INDL DEV AUTH STUDENT</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority</title>
        <cusip>04052VAH3</cusip>
        <identifiers>
          <isin value="US04052VAH33"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>347642.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WALTON CNTY GA WTR &amp; SWR AUTH</name>
        <lei>N/A</lei>
        <title>Walton County Water &amp; Sewer Authority</title>
        <cusip>93342PFM3</cusip>
        <identifiers>
          <isin value="US93342PFM32"/>
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        <balance>425000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>459420.92000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-02-01</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>CHICAGO IL O'HARE INTERNATIONA</name>
        <lei>N/A</lei>
        <title>Chicago O'Hare International Airport</title>
        <cusip>167593M33</cusip>
        <identifiers>
          <isin value="US167593M336"/>
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        <balance>2700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2817989.19000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BRAZOS CNTY TX MUNI UTILITY DI</name>
        <lei>N/A</lei>
        <title>Brazos County Municipal Utility District No 1</title>
        <cusip>106206HB4</cusip>
        <identifiers>
          <isin value="US106206HB49"/>
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        <balance>630000.00000000</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>2041-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>NORFOLK VA ARPT AUTH REVENUE</name>
        <lei>N/A</lei>
        <title>Norfolk Airport Authority/VA</title>
        <cusip>655857DW7</cusip>
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          <isin value="US655857DW79"/>
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          <maturityDt>2028-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ROCK ISLAND &amp; MERCER CNTYS ILC</name>
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        <title>Rock Island &amp; Mercer Counties Community Unit School District No 300</title>
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          <isin value="US772283DW43"/>
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          <maturityDt>2041-12-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PHOENIX AZ INDL DEV AUTH MF HS</name>
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        <title>Industrial Development Authority of the City of Phoenix Arizona/The</title>
        <cusip>718903RV1</cusip>
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          <isin value="US718903RV17"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>1001509.10000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2059-02-01</maturityDt>
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          <annualizedRt>3.10000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania Turnpike Commission</title>
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          <isin value="US709225MT08"/>
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        <balance>1000000.00000000</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>2043-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FAYETTE CNTY OH HOSP FACS IMPT</name>
        <lei>N/A</lei>
        <title>County of Fayette OH</title>
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        <name>OKEECHOBEE CNTY FL SOL WST REV</name>
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        <name>UTAH ST HSG CORP MF REVENUE</name>
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          <isin value="US917434DL37"/>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>PHOENIX AZ CIVIC IMPT CORP ARP</name>
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          <isin value="US71883MRM81"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <maturityDt>2045-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>WISCONSIN ST HSG &amp; ECON DEV AU</name>
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          <isin value="US97689REX89"/>
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        <curCd>USD</curCd>
        <valUSD>3570452.90000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>COLORADO SPRINGS CO UTILITIES</name>
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          <isin value="US1966327V99"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>HAWAII ST ARPTS SYS REVENUE</name>
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          <isin value="US419794K769"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>ALLEGHENY CNTY PA</name>
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          <isin value="US01728VTH32"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>NATIONAL FIN AUTH NH MUNI CTFS</name>
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          <isin value="US63607WAZ77"/>
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        <name>NEW HOPE CULTURAL EDU FACS FIN</name>
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        <name>BASELINE MET DIST #1 CO SPL RE</name>
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        <name>MICHIGAN ST BLDG AUTH REVENUE</name>
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        <name>SAVANNAH GEORGIA CONVENTION CT</name>
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          <isin value="US804828AP63"/>
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      <invstOrSec>
        <name>UTAH HSG CORP SF MTGE REVENUE</name>
        <lei>549300YXWQEI0S47WI02</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2055-07-01</maturityDt>
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          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>MARYLAND ST CMNTY DEV ADMIN DE</name>
        <lei>N/A</lei>
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          <isin value="US57419TWC16"/>
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        <curCd>USD</curCd>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>KERRVILLE TX PUBLIC UTILITY BR</name>
        <lei>N/A</lei>
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          <isin value="US492450AN15"/>
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        <balance>1320000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1430369.95000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>FORT BEND CNTY TX MUNI UTILITY</name>
        <lei>N/A</lei>
        <title>Fort Bend County Municipal Utility District No 169</title>
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          <isin value="US34682HVR47"/>
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        <balance>2045000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1596888.76000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2039-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>STHRN CALIFORNIA ST PUBLIC PWR</name>
        <lei>5493003B5TD5FWUKMD34</lei>
        <title>Southern California Public Power Authority</title>
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          <isin value="US842469AP34"/>
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        <balance>585000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>651364.92000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>UTAH INFRASTRUCTURE AGY TELECO</name>
        <lei>549300WD2FDRNXU16V82</lei>
        <title>Utah Infrastructure Agency</title>
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          <isin value="US917467BG69"/>
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        <balance>690000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>694242.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>ORLANDO FL CONTRACT TOURIST DE</name>
        <lei>G8GZFWRIKS3AFD6AWU52</lei>
        <title>City of Orlando FL</title>
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          <isin value="US686432BR51"/>
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        <balance>1115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1222857.63000000</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>2039-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>RHODE ISLAND ST HSG &amp; MTGE FIN</name>
        <lei>254900N9FNYNPO539444</lei>
        <title>Rhode Island Housing &amp; Mortgage Finance Corp</title>
        <cusip>76221SBJ9</cusip>
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          <isin value="US76221SBJ96"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1067981.60000000</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>2041-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>PHILADELPHIA PA HSG AUTH GTD R</name>
        <lei>N/A</lei>
        <title>Philadelphia Housing Authority</title>
        <cusip>71783TAM2</cusip>
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          <isin value="US71783TAM27"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2776864.25000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2038-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>GADSDEN AL</name>
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        <title>City of Gadsden AL</title>
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        <curCd>USD</curCd>
        <valUSD>713287.42000000</valUSD>
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          <maturityDt>2044-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>PUBLIC FIN AUTH WI STUDENT HSG</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
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          <isin value="US74439YFL02"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <maturityDt>2034-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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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="US13013JFS06"/>
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          <maturityDt>2055-11-01</maturityDt>
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        <name>GRAND RAPIDS MI PUBLIC SCHS</name>
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        <title>Grand Rapids Public Schools</title>
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          <isin value="US386280PZ89"/>
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        <name>SALT LAKE CNTY UT</name>
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          <isin value="US795676UT01"/>
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          <maturityDt>2028-12-15</maturityDt>
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          <annualizedRt>2.30000000</annualizedRt>
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        <name>FRANKLIN CNTY OH HOSP FACS REV</name>
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        <title>County of Franklin OH</title>
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          <isin value="US353187EW30"/>
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          <maturityDt>2042-11-01</maturityDt>
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      <invstOrSec>
        <name>HARRIS CNTY TX MUNI UTILITY DI</name>
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        <title>Harris County Municipal Utility District No 43</title>
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          <isin value="US414215FP34"/>
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        <name>VIRGINIA ST PUBLIC BLDG AUTH P</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FORT BEND CNTY TX MUNI UTILITY</name>
        <lei>N/A</lei>
        <title>Fort Bend County Municipal Utility District No 185</title>
        <cusip>34682GFT0</cusip>
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          <isin value="US34682GFT04"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>227132.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</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>DIST OF COLUMBIA HSG FIN AGY M</name>
        <lei>N/A</lei>
        <title>District of Columbia Housing Finance Agency</title>
        <cusip>25477PQF5</cusip>
        <identifiers>
          <isin value="US25477PQF52"/>
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        <balance>4500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4476304.35000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.95000000</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>ARLINGTON TX HGR EDU FIN CORP</name>
        <lei>N/A</lei>
        <title>Arlington Higher Education Finance Corp</title>
        <cusip>041807GT9</cusip>
        <identifiers>
          <isin value="US041807GT91"/>
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        <balance>1590000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1525797.71000000</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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          <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>BUILD NYC RESOURCE CORP NY REV</name>
        <lei>549300GROJFKMNLWEK84</lei>
        <title>Build NYC Resource Corp</title>
        <cusip>12008EWL6</cusip>
        <identifiers>
          <isin value="US12008EWL63"/>
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        <balance>1250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1302517.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</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>BLACK BELT ENERGY GAS DIST AL</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>Black Belt Energy Gas District</title>
        <cusip>09182TBZ9</cusip>
        <identifiers>
          <isin value="US09182TBZ93"/>
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        <balance>1800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1817121.24000000</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>2026-06-01</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>IRON CNTY UT SALES TAX REVENUE</name>
        <lei>N/A</lei>
        <title>County of Iron UT Sales Tax Revenue</title>
        <cusip>462791AV6</cusip>
        <identifiers>
          <isin value="US462791AV65"/>
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        <balance>1300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1362483.33000000</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>2049-10-01</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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>INTERMOUNTAIN PWR AGY UT PWR S</name>
        <lei>N/A</lei>
        <title>Intermountain Power Agency</title>
        <cusip>45884AK44</cusip>
        <identifiers>
          <isin value="US45884AK441"/>
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        <balance>1035000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1160329.19000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</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>
      <invstOrSec>
        <name>GREAT LAKES MI WTR AUTH WTR SP</name>
        <lei>N/A</lei>
        <title>Great Lakes Water Authority Water Supply System Revenue</title>
        <cusip>39081JBG2</cusip>
        <identifiers>
          <isin value="US39081JBG22"/>
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        <balance>2525000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2535502.49000000</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>2046-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EAST RUTHERFORD NJ SCH DIST</name>
        <lei>N/A</lei>
        <title>East Rutherford Board of Education</title>
        <cusip>274803DN2</cusip>
        <identifiers>
          <isin value="US274803DN26"/>
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        <balance>1250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1065853.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WEST VIRGINIA ST HOSP FIN AUTH</name>
        <lei>N/A</lei>
        <title>West Virginia Hospital Finance Authority</title>
        <cusip>956622W67</cusip>
        <identifiers>
          <isin value="US956622W675"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1334411.25000000</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>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</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>LOS ANGELES CA DEPT OF WTR &amp; P</name>
        <lei>549300S8NXV6YU61GG95</lei>
        <title>Los Angeles Department of Water &amp; Power</title>
        <cusip>544532QP2</cusip>
        <identifiers>
          <isin value="US544532QP23"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1865976.00000000</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>2045-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KING CNTY WA SWR REVENUE</name>
        <lei>N/A</lei>
        <title>County of King WA Sewer Revenue</title>
        <cusip>495290EF1</cusip>
        <identifiers>
          <isin value="US495290EF18"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2971499.40000000</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>2040-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.45000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>HARRIS CNTY TX MUNI UTILITY DI</name>
        <lei>N/A</lei>
        <title>Harris County Municipal Utility District No 423</title>
        <cusip>41429KDM1</cusip>
        <identifiers>
          <isin value="US41429KDM18"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>340224.92000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOS ANGELES CA DEPT OF WTR &amp; P</name>
        <lei>549300S8NXV6YU61GG95</lei>
        <title>Los Angeles Department of Water &amp; Power</title>
        <cusip>544532MH4</cusip>
        <identifiers>
          <isin value="US544532MH43"/>
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        <balance>920000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1049503.43000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CORPUS CHRISTI TX UTILITY SYSR</name>
        <lei>N/A</lei>
        <title>City of Corpus Christi TX Utility System Revenue</title>
        <cusip>220245Z31</cusip>
        <identifiers>
          <isin value="US220245Z314"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1061124.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SAVANNAH GEORGIA CONVENTION CT</name>
        <lei>N/A</lei>
        <title>Savannah Georgia Convention Center Authority</title>
        <cusip>804828AM3</cusip>
        <identifiers>
          <isin value="US804828AM33"/>
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        <balance>475000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>537003.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AUSTIN TX ELEC UTILITY SYS REV</name>
        <lei>N/A</lei>
        <title>City of Austin TX Electric Utility Revenue</title>
        <cusip>052414PU7</cusip>
        <identifiers>
          <isin value="US052414PU73"/>
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        <balance>1455000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1455335.67000000</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>2045-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA ST MUNI FIN AUTH ST</name>
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          <isin value="US13049YAZ43"/>
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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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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-01-01</maturityDt>
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        <name>VIRGINIA HSG DEV AUTH</name>
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        <title>Virginia Housing Development Authority</title>
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          <isin value="US92812XRF14"/>
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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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        <name>WEST VIRGINIA ST HOSP FIN AUTH</name>
        <lei>N/A</lei>
        <title>West Virginia Hospital Finance Authority</title>
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          <isin value="US956622X822"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>MISSISSIPPI DEV BK SPL OBLIG</name>
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        <title>Mississippi Development Bank</title>
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        <balance>455000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO IL TRANSIT AUTH SALES</name>
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        <title>Chicago Transit Authority Sales Tax Receipts Fund</title>
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          <isin value="US16772PEP71"/>
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        <balance>11000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11334455.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>GUAM PWR AUTH REVENUE</name>
        <lei>549300IPOV320QCKW060</lei>
        <title>Guam Power Authority</title>
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        <identifiers>
          <isin value="US400653JL65"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1016186.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>MARYLAND ST HLTH &amp; HGR EDUCTNL</name>
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        <title>Maryland Health &amp; Higher Educational Facilities Authority</title>
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          <isin value="US57421CJP05"/>
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        <balance>3710000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>ROCK ISLAND &amp; MERCER CNTYS ILC</name>
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          <isin value="US772283DZ73"/>
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        <valUSD>452495.04000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-12-01</maturityDt>
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        <name>ORLANDO FL CONTRACT TOURIST DE</name>
        <lei>G8GZFWRIKS3AFD6AWU52</lei>
        <title>City of Orlando FL</title>
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        <name>MICHIGAN ST HSG DEV AUTH SF MT</name>
        <lei>549300NSWW1HVXE93T03</lei>
        <title>Michigan State Housing Development Authority</title>
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          <isin value="US594654ZT58"/>
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        <name>INDIANAPOLIS IN LOCAL PUBLIC I</name>
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        <title>Indianapolis Local Public Improvement Bond Bank</title>
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        <name>ARIZONA ST INDL DEV AUTH MF HS</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority</title>
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          <isin value="US04062PBK66"/>
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        <name>NEW YORK CITY NY TRANSITIONAL</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority Future Tax Secured Revenue</title>
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        <balance>2000000.00000000</balance>
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        <name>LOS ANGELES CA DEPT OF WTR &amp; P</name>
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        <title>Los Angeles Department of Water &amp; Power Water System Revenue</title>
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        <invCountry>US</invCountry>
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        <name>WALTON CNTY GA WTR &amp; SWR AUTH</name>
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        <title>Walton County Water &amp; Sewer Authority</title>
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        <balance>350000.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-02-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>S JERSEY NJ TRANSPRTN AUTH TRA</name>
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        <valUSD>1528026.24000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-11-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FL HSG FIN AUT</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.88000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ATLANTA GA URBAN RSDL FIN AUTH</name>
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          <isin value="US04785VBW37"/>
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        <curCd>USD</curCd>
        <valUSD>3026190.90000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.45000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DELAWARE ST HSG AUTH REVENUE</name>
        <lei>N/A</lei>
        <title>Delaware State Housing Authority</title>
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          <isin value="US246395S247"/>
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        <curCd>USD</curCd>
        <valUSD>1223663.10000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>COLORADO EDUCTNL &amp; CULTURAL AU</name>
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        <title>Colorado Educational &amp; Cultural Facilities Authority</title>
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          <isin value="US19645UUS13"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>506853.70000000</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>2035-12-01</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>NEW YORK ST HSG FIN AGY ST PER</name>
        <lei>5493000LS7KCDB02O506</lei>
        <title>New York State Housing Finance Agency</title>
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          <isin value="US649870NG32"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1002016.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-06-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.35000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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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="US64972GCN25"/>
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        <curCd>USD</curCd>
        <valUSD>5000000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.90000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MATTESON IL</name>
        <lei>N/A</lei>
        <title>Village of Matteson IL</title>
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          <isin value="US577098NV40"/>
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        <curCd>USD</curCd>
        <valUSD>488050.19000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</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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        <name>STHRN CALIFORNIA ST PUBLIC PWR</name>
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        <title>Southern California Public Power Authority</title>
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          <isin value="US842469CR71"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>SOUTHEAST ENERGY AUTHORITY A C</name>
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        <invCountry>US</invCountry>
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        <name>S E ALABAMA ST GAS SPLY DIST G</name>
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        <name>CHICAGO IL</name>
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        <name>NEW JERSEY ST TURNPIKE AUTH TU</name>
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        <title>New Jersey Turnpike Authority</title>
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        <name>CARTER CNTY OK PUBLIC FACS AUT</name>
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        <name>INDIANAPOLIS IN LOCAL PUBLIC I</name>
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        <name>NEW YORK CITY NY TRANSITIONAL</name>
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        <name>Dreyfus Government Cash Management</name>
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        <name>MANSFIELD TX INDEP SCH DIST</name>
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        <name>HUDSON YARDS INFRASTRUCTURE CO</name>
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        <name>STHRN CALIFORNIA ST PUBLIC PWR</name>
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        <name>CLOVERLEAF OH LOCAL SCH DIST C</name>
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        <name>ILLINOIS ST</name>
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        <title>Massachusetts Housing Finance Agency</title>
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        <name>LEWISVILLE TX INDEP SCH DIST</name>
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        <name>HARRIS CNTY TX MUNI UTILITY DI</name>
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        <name>CHICAGO IL MET WTR RECLAMATION</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DALLAS TX INDEP SCH DIST</name>
        <lei>N/A</lei>
        <title>Dallas Independent School District</title>
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          <isin value="US235308ZJ50"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>KERRVILLE TX PUBLIC UTILITY BR</name>
        <lei>N/A</lei>
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          <isin value="US492450AK75"/>
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        <curCd>USD</curCd>
        <valUSD>1267853.79000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <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 MUNI FIN AUTH MU</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority</title>
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          <isin value="US13050WAA99"/>
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        <balance>2986957.19000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2785317.87000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-20</maturityDt>
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          <annualizedRt>3.44000000</annualizedRt>
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        <name>UNIV OF CENTRAL ARKANSAS AR RE</name>
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        <title>University of Central Arkansas</title>
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          <isin value="US914115M565"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>404938.92000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>PHELPS CNTY MO HOSP REVENUE</name>
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          <isin value="US717252CX60"/>
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        <curCd>USD</curCd>
        <valUSD>2062309.46000000</valUSD>
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        <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>LOS ANGELES CA DEPT OF WTR &amp; P</name>
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          <isin value="US544532MJ09"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>565823.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DEL VALLE TX INDEP SCH DIST</name>
        <lei>N/A</lei>
        <title>Del Valle Independent School District TX</title>
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          <isin value="US245505WV08"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>783258.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <title>Colorado Health Facilities Authority</title>
        <cusip>19648FKA1</cusip>
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          <isin value="US19648FKA11"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>226391.18000000</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>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST LIBERTY DEV CORP L</name>
        <lei>N/A</lei>
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          <isin value="US649519DF99"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>473132.75000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2069-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.45000000</annualizedRt>
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      <invstOrSec>
        <name>COLORADO ST HLTH FACS AUTH REV</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority</title>
        <cusip>19648FXJ8</cusip>
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          <isin value="US19648FXJ82"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>111614.37000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INDIANA CNTY PA INDL DEV AUTH</name>
        <lei>N/A</lei>
        <title>Indiana County Industrial Development Authority</title>
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          <isin value="US45469NDV73"/>
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        <curCd>USD</curCd>
        <valUSD>255740.93000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAINT LOUIS MO ARPT REVENUE</name>
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        <title>City of St Louis MO Airport Revenue</title>
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          <isin value="US791638T254"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>HOUSTON TX UTILITY SYS REVENUE</name>
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        <title>City of Houston TX Combined Utility System Revenue</title>
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          <isin value="US44244CA644"/>
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        <balance>2000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-15</maturityDt>
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        <name>SOUTHEAST ENERGY AUTH AL COMMO</name>
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        <title>Southeast Energy Authority A Cooperative District</title>
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          <isin value="US84136FBL04"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-01-01</maturityDt>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH RE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority</title>
        <cusip>13048V4G0</cusip>
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          <isin value="US13048V4G09"/>
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        <balance>290000.00000000</balance>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
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          <isin value="US64985SMX89"/>
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        <balance>750000.00000000</balance>
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        <invCountry>US</invCountry>
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        <name>PEORIA CNTY IL CMNTY UNIT SCHD</name>
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        <title>Peoria County Community Unit School District No 323</title>
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          <isin value="US713163KM45"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW HOPE CULTURAL ED FACS FIN</name>
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        <curCd>USD</curCd>
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          <maturityDt>2040-11-01</maturityDt>
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      <invstOrSec>
        <name>GREAT LAKES MI WTR AUTH SEWAGE</name>
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          <isin value="US39081HAS13"/>
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          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>GENESEE CNTY MI</name>
        <lei>N/A</lei>
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          <isin value="US371608WB28"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>LITTLE ROCK AR SCH DIST</name>
        <lei>N/A</lei>
        <title>Little Rock School District</title>
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          <isin value="US537428Z496"/>
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        <curCd>USD</curCd>
        <valUSD>829159.40000000</valUSD>
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          <maturityDt>2036-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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        <name>S WSTRN IL DEV AUTH REV</name>
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          <isin value="US84552YTJ00"/>
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        <name>SOUTHEAST ENERGY AUTHORITY A C</name>
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          <isin value="US84136HCF82"/>
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          <maturityDt>2055-05-01</maturityDt>
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        <name>ROCK ISLAND &amp; MERCER CNTYS ILC</name>
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          <isin value="US772283DT14"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-12-01</maturityDt>
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        <name>JULINGTON CREEK PLANTATION FLC</name>
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          <isin value="US481367BQ24"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
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          <isin value="US74440DFC39"/>
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        <name>WASHINGTON ST HLTH CARE FACS A</name>
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        <name>BLACK BELT ENERGY GAS DIST AL</name>
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        <title>Black Belt Energy Gas District</title>
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        <name>NEW YORK CITY NY TRANSITIONAL</name>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
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        <name>KERRVILLE TX PUBLIC UTILITY BR</name>
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        <name>BARBERS HILL TX INDEP SCH DIST</name>
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        <name>SAVANNAH GEORGIA CONVENTION CT</name>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BOND DEV CORP HOSP RE</name>
        <lei>N/A</lei>
        <title>Kentucky Bond Development Corp</title>
        <cusip>49121DAB8</cusip>
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          <isin value="US49121DAB82"/>
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        <curCd>USD</curCd>
        <valUSD>2328451.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-08-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ARIZONA ST INDL DEV AUTH NATIO</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority</title>
        <cusip>04052FAM7</cusip>
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          <isin value="US04052FAM77"/>
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        <balance>550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>578924.17000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MANSFIELD TX INDEP SCH DIST</name>
        <lei>N/A</lei>
        <title>Mansfield Independent School District</title>
        <cusip>564386VF4</cusip>
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          <isin value="US564386VF49"/>
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        <balance>3575000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3920171.97000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-15</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>PHILADELPHIA PA GAS WKS REVENU</name>
        <lei>549300H8UJ7V5WU5IA90</lei>
        <title>Philadelphia Gas Works Co</title>
        <cusip>7178238H4</cusip>
        <identifiers>
          <isin value="US7178238H42"/>
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        <balance>1435000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1459188.65000000</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>2030-10-01</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>
        <name>SPARTA WI AREA SCH DIST</name>
        <lei>N/A</lei>
        <title>Sparta Area School District</title>
        <cusip>846754KU2</cusip>
        <identifiers>
          <isin value="US846754KU22"/>
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        <balance>1110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1015073.47000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PECOS BARSTOW TOYAH TX INDEP S</name>
        <lei>N/A</lei>
        <title>Pecos Barstow Toyah Independent School District</title>
        <cusip>705227HR0</cusip>
        <identifiers>
          <isin value="US705227HR03"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1501735.95000000</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>2041-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTHEAST ENERGY AUTHORITY A C</name>
        <lei>25490090A3RLJHITY273</lei>
        <title>Southeast Energy Authority A Cooperative District</title>
        <cusip>84136HBC6</cusip>
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          <isin value="US84136HBC60"/>
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        <balance>1300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1391669.11000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FAIRFAX CNTY VA</name>
        <lei>N/A</lei>
        <title>County of Fairfax VA</title>
        <cusip>30382AEQ1</cusip>
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          <isin value="US30382AEQ13"/>
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        <balance>655000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>658837.58000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>452153AJ8</cusip>
        <identifiers>
          <isin value="US452153AJ80"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1083549.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PENNSYLVANIA ST HGR EDUCTNL FA</name>
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        <title>Pennsylvania Higher Educational Facilities Authority</title>
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          <isin value="US70917SQR75"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1001370.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BENTONVILLE AR SCH DIST #6</name>
        <lei>N/A</lei>
        <title>Bentonville School District No 6</title>
        <cusip>0834192L4</cusip>
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          <isin value="US0834192L45"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>850647.20000000</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>2035-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>HARRISONBURG VA</name>
        <lei>N/A</lei>
        <title>City of Harrisonburg VA</title>
        <cusip>415666RW8</cusip>
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          <isin value="US415666RW81"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2054856.75000000</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>2035-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.75000000</annualizedRt>
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        <name>NATIONAL FIN AUTH NH MUNI CTFS</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority</title>
        <cusip>63607WAU8</cusip>
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          <isin value="US63607WAU80"/>
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          <maturityDt>2039-08-20</maturityDt>
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        <name>WYOMING ST CMNTY DEV AUTH HSG</name>
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        <title>Wyoming Community Development Authority</title>
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          <isin value="US98322QS819"/>
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        <balance>1000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.30000000</annualizedRt>
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      <invstOrSec>
        <name>MASSACHUSETTS ST TURNPIKE AUTH</name>
        <lei>549300CGDCL8XZK3KN03</lei>
        <title>Massachusetts Department of Transportation</title>
        <cusip>576018AL9</cusip>
        <identifiers>
          <isin value="US576018AL95"/>
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        <balance>570000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>521250.98000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>KERRVILLE TX PUBLIC UTILITY BR</name>
        <lei>N/A</lei>
        <title>Kerrville Public Utility Board Public Facility Corp</title>
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        <identifiers>
          <isin value="US492450AM32"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FAYETTEVILLE NC PUBLIC WKS COM</name>
        <lei>N/A</lei>
        <title>City of Fayetteville NC Public Works Commission Revenue</title>
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        <identifiers>
          <isin value="US312805LX04"/>
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        <balance>3395000.00000000</balance>
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        <valUSD>2892928.73000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UTAH ST ASSOCIATED MUNI PWR SY</name>
        <lei>N/A</lei>
        <title>Utah Associated Municipal Power Systems</title>
        <cusip>917328RV0</cusip>
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          <isin value="US917328RV04"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>518658.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PUERTO RICO INDL TOURIST EDUCT</name>
        <lei>549300YJRISCG6HQ4512</lei>
        <title>Puerto Rico Industrial Tourist Educational Medical &amp; Envirml Ctl Facs Fing Auth</title>
        <cusip>74527EFM5</cusip>
        <identifiers>
          <isin value="US74527EFM57"/>
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        <curCd>USD</curCd>
        <valUSD>538542.55000000</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>2031-07-01</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>TEXAS ST DEPT OF HSG &amp; CMNTY A</name>
        <lei>549300J3RRLLZZN4WP77</lei>
        <title>Texas Department of Housing &amp; Community Affairs</title>
        <cusip>882750P55</cusip>
        <identifiers>
          <isin value="US882750P552"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1682311.35000000</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>2056-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NATIONAL FIN AUTH NH REVENUE</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority</title>
        <cusip>63607YBQ2</cusip>
        <identifiers>
          <isin value="US63607YBQ26"/>
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        <balance>1530000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1607168.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <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>CAPITAL TRUST AGY FL REVENUE</name>
        <lei>549300F49UWS7X0OGQ59</lei>
        <title>Capital Trust Agency Inc</title>
        <cusip>14052WBB2</cusip>
        <identifiers>
          <isin value="US14052WBB28"/>
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        <balance>845000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>846107.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.35000000</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>
        <name>OREGON ST DEPT OF TRANSPRTN HI</name>
        <lei>N/A</lei>
        <title>State of Oregon Department of Transportation</title>
        <cusip>68607DUN3</cusip>
        <identifiers>
          <isin value="US68607DUN38"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5232535.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-15</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>
        <name>MICHIGAN ST HSG DEV AUTH MF RE</name>
        <lei>549300NSWW1HVXE93T03</lei>
        <title>Michigan State Housing Development Authority</title>
        <cusip>594650UJ0</cusip>
        <identifiers>
          <isin value="US594650UJ00"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2017747.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHARLOTTE NC ARPT REVENUE</name>
        <lei>N/A</lei>
        <title>City of Charlotte NC Airport Revenue</title>
        <cusip>161036XE3</cusip>
        <identifiers>
          <isin value="US161036XE39"/>
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        <balance>1400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1532750.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SHREVEPORT LA</name>
        <lei>N/A</lei>
        <title>City of Shreveport LA</title>
        <cusip>8254346H1</cusip>
        <identifiers>
          <isin value="US8254346H15"/>
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        <balance>825000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>913141.60000000</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>2038-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO CMWLTH AQUEDUCT &amp;S</name>
        <lei>N/A</lei>
        <title>Puerto Rico Commonwealth Aqueduct &amp; Sewer Authority</title>
        <cusip>745160TH4</cusip>
        <identifiers>
          <isin value="US745160TH48"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1824450.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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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="US09182NCT54"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MET TRANSPRTN AUTH NY REVENUE</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>Metropolitan Transportation Authority</title>
        <cusip>59261ACH8</cusip>
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          <isin value="US59261ACH86"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>505700.25000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SPRINGFIELD IL ELEC REVENUE</name>
        <lei>N/A</lei>
        <title>City of Springfield IL Electric Revenue</title>
        <cusip>850578UK9</cusip>
        <identifiers>
          <isin value="US850578UK93"/>
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        <balance>2100000.00000000</balance>
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          <maturityDt>2038-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <name>GALVESTON TX WHARVES &amp; TERMINA</name>
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          <isin value="US364568KZ76"/>
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        <debtSec>
          <maturityDt>2043-08-01</maturityDt>
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        <name>HSG SYNERGY PFC TX MF HSG REVE</name>
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        <title>Housing Synergy PFC</title>
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        <debtSec>
          <maturityDt>2027-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>BIRMINGHAM AL SPL CARE FACS FI</name>
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          <isin value="US090929GX20"/>
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        <debtSec>
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        <name>OHIO ST</name>
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        <title>State of Ohio</title>
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          <isin value="US677522W592"/>
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        <invCountry>US</invCountry>
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        <debtSec>
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        <name>WASHINGTON ST HSG FIN COMMISSI</name>
        <lei>549300YL1HU59NREG764</lei>
        <title>Washington State Housing Finance Commission</title>
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      <invstOrSec>
        <name>SPARTANBURG CNTY SC SCH DIST #</name>
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        <name>MANSFIELD TX INDEP SCH DIST</name>
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          <isin value="US564386VE73"/>
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      <invstOrSec>
        <name>CASTLE ROCK CO COPS</name>
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          <isin value="US14848PBV22"/>
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          <maturityDt>2041-12-01</maturityDt>
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        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
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          <isin value="US74440DEC48"/>
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        <curCd>USD</curCd>
        <valUSD>2756540.25000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-04-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>ILLINOIS ST TOLL HIGHWAY AUTH</name>
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          <isin value="US452252JW01"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-01</maturityDt>
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        <name>INTERMOUNTAIN PWR AGY UT PWR S</name>
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          <isin value="US45884AK771"/>
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        <balance>715000.00000000</balance>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>CMWLTH FING AUTH PA TOBACCO MA</name>
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          <isin value="US20282EAS54"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>NEW HAMPSHIRE ST HLTH &amp; EDU FA</name>
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          <isin value="US64461XJZ96"/>
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        <name>MAGNOLIA AR SALES &amp; USE TAX</name>
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        <name>HALIFAX CNTY VA INDL DEV AUTH</name>
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          <isin value="US40579PAE16"/>
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        <name>KERRVILLE TX PUBLIC UTILITY BR</name>
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        <name>LONG BEACH CA ARPT REVENUE</name>
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        <name>SAN MATEO CALIF SPL TAX</name>
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        <name>DOWNTOWN REVITALIZATION PUBLIC</name>
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        <name>CALIFORNIA ST MUNI FIN AUTH RE</name>
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        <name>GRAND FORKS ND HLTH CARE SYS R</name>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania Turnpike Commission</title>
        <cusip>709225GJ9</cusip>
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          <isin value="US709225GJ99"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1065786.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MET TRANSPRTN AUTH NY REVENUE</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>Metropolitan Transportation Authority</title>
        <cusip>59261A2F3</cusip>
        <identifiers>
          <isin value="US59261A2F34"/>
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        <balance>1015000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1053578.22000000</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>2047-11-15</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>GOLD HILL MESA MET DIST #2 CO</name>
        <lei>N/A</lei>
        <title>Gold Hill Mesa Metropolitan District No 2</title>
        <cusip>38060PAH4</cusip>
        <identifiers>
          <isin value="US38060PAH47"/>
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        <balance>145000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>155048.89000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>RHODE ISLAND ST HLTH &amp; EDUCTNL</name>
        <lei>N/A</lei>
        <title>Rhode Island Health and Educational Building Corp</title>
        <cusip>762244NW7</cusip>
        <identifiers>
          <isin value="US762244NW73"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>372262.73000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-01</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>
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      <invstOrSec>
        <name>GUAM INTERNATIONAL ARPT AUTH</name>
        <lei>N/A</lei>
        <title>Antonio B Won Pat International Airport Authority</title>
        <cusip>40064RGJ2</cusip>
        <identifiers>
          <isin value="US40064RGJ23"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>166370.87000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
        <cusip>45204FK46</cusip>
        <identifiers>
          <isin value="US45204FK466"/>
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        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1522611.15000000</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>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</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>
      <invstOrSec>
        <name>CHESTER CNTY PA INDL DEV AUTH</name>
        <lei>N/A</lei>
        <title>Chester County Industrial Development Authority</title>
        <cusip>165588FQ2</cusip>
        <identifiers>
          <isin value="US165588FQ22"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>363635.55000000</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>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LOUISIANA ST LOCAL GOVT ENVRNM</name>
        <lei>5493004WIZ1HV87IVF85</lei>
        <title>Louisiana Local Government Environmental Facilities &amp; Community Development Auth</title>
        <cusip>54628CDX7</cusip>
        <identifiers>
          <isin value="US54628CDX74"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>986325.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GADSDEN AL</name>
        <lei>N/A</lei>
        <title>City of Gadsden AL</title>
        <cusip>362460WE3</cusip>
        <identifiers>
          <isin value="US362460WE39"/>
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        <balance>625000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>693060.00000000</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>2039-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>INDIANA ST MUNI PWR AGY</name>
        <lei>AX0ZCCVOQ71Z4RXBL233</lei>
        <title>Indiana Municipal Power Agency</title>
        <cusip>454898YV3</cusip>
        <identifiers>
          <isin value="US454898YV33"/>
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        <balance>1225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1315992.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OREGON ST DEPT OF ADMIN SVCS L</name>
        <lei>N/A</lei>
        <title>Oregon State Lottery</title>
        <cusip>68607V6M2</cusip>
        <identifiers>
          <isin value="US68607V6M22"/>
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        <balance>1250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1421932.63000000</valUSD>
        <pctVal>0.118470366522</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA ST STWD CMNTYS DEV</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority</title>
        <cusip>13079PA37</cusip>
        <identifiers>
          <isin value="US13079PA379"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1040080.40000000</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>2067-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>SOUTHEAST ENERGY AUTHORITY A C</name>
        <lei>25490090A3RLJHITY273</lei>
        <title>Southeast Energy Authority A Cooperative District</title>
        <cusip>84136HBA0</cusip>
        <identifiers>
          <isin value="US84136HBA05"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1100366.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UTAH ST HSG CORP MTGE REVENUE</name>
        <lei>549300YXWQEI0S47WI02</lei>
        <title>Utah Housing Corp</title>
        <cusip>917432CY0</cusip>
        <identifiers>
          <isin value="US917432CY01"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3000589.20000000</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>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.40000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MINNESOTA ST HSG FIN AGY</name>
        <lei>549300R89XDTQBK4GE22</lei>
        <title>Minnesota Housing Finance Agency</title>
        <cusip>60416S6S4</cusip>
        <identifiers>
          <isin value="US60416S6S42"/>
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        <balance>635000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>632161.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>SOUTH CAROLINA ST HSG FIN &amp; DE</name>
        <lei>N/A</lei>
        <title>South Carolina State Housing Finance &amp; Development Authority</title>
        <cusip>83712D7L4</cusip>
        <identifiers>
          <isin value="US83712D7L45"/>
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        <balance>985000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>983829.72000000</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>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.15000000</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>KERRVILLE TX PUBLIC UTILITY BR</name>
        <lei>N/A</lei>
        <title>Kerrville Public Utility Board Public Facility Corp</title>
        <cusip>492450AG6</cusip>
        <identifiers>
          <isin value="US492450AG63"/>
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        <balance>1980000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2257614.22000000</valUSD>
        <pctVal>0.188096382674</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BROWNSBURG IN 1999 SCH BLDG CO</name>
        <lei>N/A</lei>
        <title>Brownsburg 1999 School Building Corp</title>
        <cusip>116083ZP4</cusip>
        <identifiers>
          <isin value="US116083ZP48"/>
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        <balance>5730000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6219402.17000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PECOS BARSTOW TOYAH TX INDEP S</name>
        <lei>N/A</lei>
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        <cusip>705227HP4</cusip>
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          <isin value="US705227HP47"/>
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        <curCd>USD</curCd>
        <valUSD>2004071.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-02-15</maturityDt>
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      <invstOrSec>
        <name>INDIANA ST FIN AUTH POLL CONTR</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority</title>
        <cusip>45505VAD8</cusip>
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          <isin value="US45505VAD82"/>
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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>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HARRIS CNTY TX MUNI UTILITY DI</name>
        <lei>N/A</lei>
        <title>Harris County Municipal Utility District No 489</title>
        <cusip>41423LMU7</cusip>
        <identifiers>
          <isin value="US41423LMU79"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>860218.48000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IOWA ST HGR EDU LOAN AUTH REVE</name>
        <lei>549300DWVTM3KRNR0M36</lei>
        <title>Iowa Higher Education Loan Authority</title>
        <cusip>46247DAA5</cusip>
        <identifiers>
          <isin value="US46247DAA54"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>318968.22000000</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>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOS ANGELES CA DEPT OF WTR &amp; P</name>
        <lei>N/A</lei>
        <title>Los Angeles Department of Water &amp; Power Water System Revenue</title>
        <cusip>544525TY4</cusip>
        <identifiers>
          <isin value="US544525TY44"/>
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        <balance>1850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1856305.36000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MAIN STREET NATURAL GAS INC GA</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>Main Street Natural Gas Inc</title>
        <cusip>56035DHZ8</cusip>
        <identifiers>
          <isin value="US56035DHZ87"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1899112.95000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-04-01</maturityDt>
          <couponKind>Variable</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>DENVER CO CITY &amp; CNTY DEDICATE</name>
        <lei>N/A</lei>
        <title>City &amp; County of Denver CO Pledged Excise Tax Revenue</title>
        <cusip>24917DAT0</cusip>
        <identifiers>
          <isin value="US24917DAT00"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1002234.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>GOODYEAR AZ WTR &amp; SWR REVENUE</name>
        <lei>N/A</lei>
        <title>City of Goodyear AZ Water &amp; Sewer Revenue</title>
        <cusip>382900GF9</cusip>
        <identifiers>
          <isin value="US382900GF91"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2137535.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MTGE CORP MF</name>
        <lei>N/A</lei>
        <title>FHLMC Multifamily VRD Certificates</title>
        <cusip>31350ADQ8</cusip>
        <identifiers>
          <isin value="US31350ADQ85"/>
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        <balance>3082790.35000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3178157.09000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-08-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75900000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BRAZOS CNTY TX MUNI UTILITY DI</name>
        <lei>N/A</lei>
        <title>Brazos County Municipal Utility District No 1</title>
        <cusip>106206GX7</cusip>
        <identifiers>
          <isin value="US106206GX77"/>
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        <balance>530000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>533494.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COLORADO ST HSG &amp; FIN AUTH</name>
        <lei>5493005GIROYQAWBMC18</lei>
        <title>Colorado Housing and Finance Authority</title>
        <cusip>196480DQ7</cusip>
        <identifiers>
          <isin value="US196480DQ77"/>
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        <balance>370000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>370564.21000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SHELBY CNTY TN HLTH EDUCTNL &amp;</name>
        <lei>N/A</lei>
        <title>Shelby County Health Educational &amp; Housing Facilities Board</title>
        <cusip>821691AC6</cusip>
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          <isin value="US821691AC66"/>
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        <balance>1300000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-01</maturityDt>
          <couponKind>Variable</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MONTGOMERY CNTY TX MUNI UTILIT</name>
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        <title>Montgomery County Municipal Utility District No 126</title>
        <cusip>61371RBV4</cusip>
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          <isin value="US61371RBV42"/>
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        <balance>380000.00000000</balance>
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        <debtSec>
          <maturityDt>2039-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.62500000</annualizedRt>
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      <invstOrSec>
        <name>WILL CNTY IL SCH DIST #114 MAN</name>
        <lei>N/A</lei>
        <title>Will County School District No 114 Manhattan</title>
        <cusip>968838JU7</cusip>
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          <isin value="US968838JU76"/>
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        <balance>555000.00000000</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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          <maturityDt>2039-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK ST LIBERTY DEV CORP L</name>
        <lei>N/A</lei>
        <title>New York Liberty Development Corp</title>
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          <isin value="US649519FF71"/>
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        <balance>2000000.00000000</balance>
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          <maturityDt>2043-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MILWAUKEE WI</name>
        <lei>N/A</lei>
        <title>City of Milwaukee WI</title>
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          <isin value="US6023664F04"/>
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        <balance>3765000.00000000</balance>
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        <valUSD>4184558.05000000</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>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GOLD HILL MESA MET DIST #2 CO</name>
        <lei>N/A</lei>
        <title>Gold Hill Mesa Metropolitan District No 2</title>
        <cusip>38060PAG6</cusip>
        <identifiers>
          <isin value="US38060PAG63"/>
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        <balance>145000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>152594.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK ST LIBERTY DEV CORP L</name>
        <lei>N/A</lei>
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          <isin value="US649519ED33"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-11-15</maturityDt>
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      <invstOrSec>
        <name>MASSACHUSETTS ST BAY TRANSPRTN</name>
        <lei>N/A</lei>
        <title>Massachusetts Bay Transportation Authority Sales Tax Revenue</title>
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          <isin value="US575579ZR10"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>LOS ANGELES CA DEPT OF WTR &amp; P</name>
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          <isin value="US544532AW48"/>
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        <curCd>USD</curCd>
        <valUSD>567244.49000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW HAMPSHIRE ST HSG FIN AUTH</name>
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        <title>New Hampshire Housing Finance Authority</title>
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          <isin value="US64469D6X42"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <isin value="US8371516N47"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK ST HSG FIN AGY AFFORD</name>
        <lei>5493000LS7KCDB02O506</lei>
        <title>New York State Housing Finance Agency</title>
        <cusip>64987J4L2</cusip>
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          <isin value="US64987J4L20"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-11-01</maturityDt>
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          <annualizedRt>3.60000000</annualizedRt>
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        <name>OKLAHOMA ST HSG FIN AGY SF MTG</name>
        <lei>N/A</lei>
        <title>Oklahoma Housing Finance Agency</title>
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          <isin value="US67886MW886"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1126988.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
        <cusip>45204E2L1</cusip>
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          <isin value="US45204E2L19"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4986417.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.16700000</annualizedRt>
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      <invstOrSec>
        <name>HARRIS CNTY TX WC&amp;ID #159</name>
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        <title>Harris County Water Control &amp; Improvement District No 159</title>
        <cusip>41453SGM0</cusip>
        <identifiers>
          <isin value="US41453SGM08"/>
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        <balance>1335000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1462999.27000000</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>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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      <invstOrSec>
        <name>NEW HOPE CULTURAL EDU FACS FIN</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp</title>
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          <isin value="US645424BG68"/>
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        <balance>1500000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MICHIGAN ST TRUNK LINE</name>
        <lei>N/A</lei>
        <title>State of Michigan Trunk Line Revenue</title>
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          <isin value="US5946954N55"/>
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        <balance>2000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KERRVILLE TX PUBLIC UTILITY BR</name>
        <lei>N/A</lei>
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          <isin value="US492450AF80"/>
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        <name>TENNESSEE HSG DEV AGY RSDL FIN</name>
        <lei>25490004PSQYQLFJGI76</lei>
        <title>Tennessee Housing Development Agency</title>
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        <name>CALIFORNIA ST PUBLIC WKS BRD L</name>
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          <isin value="US13068XRJ09"/>
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        <name>DIST OF COLUMBIA HSG FIN AGY M</name>
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        <name>STHRN CA PUBLIC PWR AUTH REVEN</name>
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        <title>Southern California Public Power Authority</title>
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          <isin value="US84247PKW04"/>
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        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
        <lei>549300XEJZWHYSY4SL55</lei>
        <title>Kentucky Public Energy Authority</title>
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          <isin value="US74440DCZ50"/>
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        <balance>5000000.00000000</balance>
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      <invstOrSec>
        <name>INTERMOUNTAIN PWR AGY UT PWR S</name>
        <lei>N/A</lei>
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          <isin value="US45884AF326"/>
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        <balance>970000.00000000</balance>
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        <name>GUAM GOVT BUSINESS PRIVILEGE T</name>
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        <name>WEST VIRGINIA ST HOSP FIN AUTH</name>
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          <maturityDt>2039-09-01</maturityDt>
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        <name>NEW YORK ST LIBERTY DEV CORP L</name>
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        <name>ESSEX CNTY NJ IMPT AUTH CHRT S</name>
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          <isin value="US29681CAG33"/>
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        <name>AUSTIN TX CMNTY CLG DIST</name>
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          <isin value="US052403KR27"/>
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          <maturityDt>2038-08-01</maturityDt>
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        <name>SALES TAX SECURITIZATION CORP</name>
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        <name>DENTON TX INDEP SCH DIST</name>
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        <name>CENTRL PLAINS ENERGY PROJ NE G</name>
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      <invstOrSec>
        <name>LEANDER TX INDEP SCH DIST</name>
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      <invstOrSec>
        <name>PROSPER TX INDEP SCH DIST</name>
        <lei>N/A</lei>
        <title>Prosper Independent School District</title>
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          <isin value="US7436004G05"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2040-02-15</maturityDt>
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      <invstOrSec>
        <name>TENNERGY CORP TN GAS REVENUE</name>
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        <title>Tennergy Corp/TN</title>
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          <isin value="US880397BW31"/>
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        <fairValLevel>2</fairValLevel>
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        <name>OHIO ST HSG FIN AGY RSDL MTGE</name>
        <lei>549300K10X7VPG6JVX38</lei>
        <title>Ohio Housing Finance Agency</title>
        <cusip>67756UDQ8</cusip>
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          <isin value="US67756UDQ85"/>
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        <valUSD>1142303.50000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-03-01</maturityDt>
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          <annualizedRt>6.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ILLINOIS ST HSG DEV AUTH REVEN</name>
        <lei>54930053Z6M9JVHBQZ16</lei>
        <title>Illinois Housing Development Authority</title>
        <cusip>45203MF55</cusip>
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          <isin value="US45203MF555"/>
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        <invCountry>US</invCountry>
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          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>CONNECTICUT ST SPL TAX OBLIG R</name>
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        <title>State of Connecticut Special Tax Revenue</title>
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          <isin value="US207758L271"/>
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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>2040-07-01</maturityDt>
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      <invstOrSec>
        <name>MINNEAPOLIS MN SPL SCH DIST #1</name>
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        <title>Minneapolis Special School District No 1</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-01</maturityDt>
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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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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NEW YORK ST THRUWAY AUTH PERSO</name>
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        <title>New York State Thruway Authority</title>
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          <isin value="US650028XD08"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-03-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>TENNESSEE ST ENERGY ACQUISITIO</name>
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        <invCountry>US</invCountry>
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        <name>NASH HLTH CARE SYS NC HLTH CAR</name>
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          <maturityDt>2044-02-01</maturityDt>
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      <invstOrSec>
        <name>DALLAS CNTY TX CMNTY CLG DIST</name>
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        <title>Dallas College</title>
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          <maturityDt>2028-02-15</maturityDt>
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        <name>MOBILE AL INDL DEV BRD POLL CO</name>
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        <name>MISSOURI ST HSG DEV COMMISSION</name>
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        <title>Missouri Housing Development Commission</title>
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        <name>WEST VIRGINIA ST ECON DEV AUTH</name>
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        <title>West Virginia Economic Development Authority</title>
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        <name>STHRN CALIFORNIA ST PUBLIC PWR</name>
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        <title>Southern California Public Power Authority</title>
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        <name>HAYS TX CONSOL INDEP SCH DIST</name>
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        <title>Hays Consolidated Independent School District</title>
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        <name>TEMPLE UNIV PA OF THE CMWLTH S</name>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
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      <invstOrSec>
        <name>LOS ANGELES CA DEPT OF WTR &amp; P</name>
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        <name>CHICAGO IL O'HARE INTERNATIONA</name>
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          <maturityDt>2037-01-01</maturityDt>
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        <curCd>USD</curCd>
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          <maturityDt>2036-09-01</maturityDt>
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        <name>KERRVILLE TX PUBLIC UTILITY BR</name>
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          <maturityDt>2035-04-15</maturityDt>
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        <name>ALAMANCE CNTY NC</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2035-05-01</maturityDt>
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          <annualizedRt>2.00000000</annualizedRt>
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        <name>AVON IN CMNTY SCH BLDG CORP</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2038-07-15</maturityDt>
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        <name>RANTOUL IL</name>
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        <name>CALIFORNIA ST HLTH FACS FING A</name>
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        <name>CALIFORNIA ST MUNI FIN AUTH MU</name>
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        <title>California Municipal Finance Authority</title>
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        <name>NEW HAMPSHIRE ST HSG FIN AUTH</name>
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        <name>TERRE HAUTE IN SANTN DIST</name>
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        <name>ILLINOIS ST HSG DEV AUTH REVEN</name>
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        <title>Illinois Housing Development Authority</title>
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        <name>FARMINGTON NM POLL CONTROL REV</name>
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      <invstOrSec>
        <name>UTAH ST TRANSIT AUTH SALES TAX</name>
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      <invstOrSec>
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        <name>CAMPBELL CNTY WY SOL WST FACS</name>
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          <maturityDt>2039-07-15</maturityDt>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
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        <debtSec>
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        <name>NEW JERSEY ST HSG &amp; MTGE FIN A</name>
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        <name>TEMPE AZ INDL DEV AUTH REVENUE</name>
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        <name>UNION ALEXANDER ETC CNTYS IL C</name>
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        <name>PUBLIC FIN AUTH WI LEASE DEV R</name>
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          <isin value="US74444YAW49"/>
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        <name>CALIFORNIA CMNTY CHOICE FING A</name>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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          <maturityDt>2044-11-15</maturityDt>
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        <name>MISSISSIPPI DEV BK SPL OBLIG</name>
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        <name>MISSOURI JT MUNI ELEC UTILITY</name>
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          <isin value="US606092LC63"/>
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          <maturityDt>2040-01-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>CHICAGO IL MIDWAY ARPT REVENUE</name>
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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="US13013JGF75"/>
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      <invstOrSec>
        <name>TEXAS WTR DEV BRD REVENUE</name>
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          <isin value="US88285ABH05"/>
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        <name>GLENDALE AZ WTR &amp; SWR REVENUE</name>
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          <isin value="US378352SM16"/>
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        <debtSec>
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        <name>NEW YORK NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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          <maturityDt>2044-06-01</maturityDt>
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        <securityLending>
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      <invstOrSec>
        <name>DE KALB CNTY GA WTR &amp; SWR REVE</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-10-01</maturityDt>
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      <invstOrSec>
        <name>JEA FL WTR &amp; SWR REVENUE</name>
        <lei>N/A</lei>
        <title>JEA Water &amp; Sewer System Revenue</title>
        <cusip>46615SGJ1</cusip>
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          <isin value="US46615SGJ15"/>
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        <curCd>USD</curCd>
        <valUSD>1081441.10000000</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>2049-10-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>MISSOURI ST HSG DEV COMMISSION</name>
        <lei>5493007FBL7WCV3NKY25</lei>
        <title>Missouri Housing Development Commission</title>
        <cusip>60637GMG1</cusip>
        <identifiers>
          <isin value="US60637GMG19"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2216325.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH MF</name>
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        <title>California Municipal Finance Authority</title>
        <cusip>130483JB7</cusip>
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          <isin value="US130483JB74"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4002949.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.15000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA ST HLTH FACS FING A</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority</title>
        <cusip>13032U4X3</cusip>
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          <isin value="US13032U4X38"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1414819.13000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GUAM PWR AUTH REVENUE</name>
        <lei>549300IPOV320QCKW060</lei>
        <title>Guam Power Authority</title>
        <cusip>400653JZ5</cusip>
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          <isin value="US400653JZ51"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>660222.36000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <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>LOS ANGELES CA DEPT OF WTR &amp; P</name>
        <lei>549300S8NXV6YU61GG95</lei>
        <title>Los Angeles Department of Water &amp; Power</title>
        <cusip>544532FE9</cusip>
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          <isin value="US544532FE94"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>270116.43000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UTAH INFRASTRUCTURE AGY TELECO</name>
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        <title>Utah Infrastructure Agency</title>
        <cusip>917467BZ4</cusip>
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          <isin value="US917467BZ41"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>794269.68000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MARYLAND ST CMNTY DEV ADMIN DE</name>
        <lei>N/A</lei>
        <title>Maryland Community Development Administration</title>
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          <isin value="US57419TGP03"/>
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        <balance>1505000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1356663.14000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.90000000</annualizedRt>
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        <name>WILL CNTY IL SCH DIST #114 MAN</name>
        <lei>N/A</lei>
        <title>Will County School District No 114 Manhattan</title>
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        <balance>445000.00000000</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>2036-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>VIRGINIA ST SMALL BUSINESS FIN</name>
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        <title>Virginia Small Business Financing Authority</title>
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        <curCd>USD</curCd>
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        <name>LAREDO TX INDEP SCH DIST</name>
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        <title>Laredo Independent School District</title>
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        <balance>650000.00000000</balance>
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        <name>ILLINOIS ST HSG DEV AUTH MF HS</name>
        <lei>54930053Z6M9JVHBQZ16</lei>
        <title>Illinois Housing Development Authority</title>
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        <name>WENTZVILLE MO SCH DIST #R-4</name>
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        <title>St Charles County School District No R-IV Wentzville</title>
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        <name>UTAH HSG CORP SF MTGE REVENUE</name>
        <lei>549300YXWQEI0S47WI02</lei>
        <title>Utah Housing Corp</title>
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          <isin value="US917437EP62"/>
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        <name>GRAND FORKS ND HLTH CARE SYS R</name>
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        <invCountry>US</invCountry>
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        <name>PITTSBURGH PA WTR &amp; SWR AUTH</name>
        <lei>54930034DVH6W22T1E86</lei>
        <title>Pittsburgh Water &amp; Sewer Authority</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2036-09-01</maturityDt>
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        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
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        <name>TEXAS ST MUNI GAS ACQUISITION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
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          <isin value="US56035DCZ33"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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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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          <isin value="US93978HZR91"/>
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        <fairValLevel>2</fairValLevel>
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        <name>OHIO ST HSG FIN AGY RSDL MTGE</name>
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        <title>Ohio Housing Finance Agency</title>
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          <isin value="US67756QZT74"/>
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        <fairValLevel>2</fairValLevel>
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        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
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          <isin value="US74440DFN93"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-06-01</maturityDt>
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        <name>KERRVILLE TX PUBLIC UTILITY BR</name>
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          <isin value="US492450AE16"/>
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        <fairValLevel>2</fairValLevel>
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        <name>SOUTH CAROLINA ST JOBS-ECON DE</name>
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        <title>South Carolina Jobs-Economic Development Authority</title>
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        <name>NEW YORK CITY NY TRANSITIONAL</name>
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        <name>LOUISIANA PUB FACS AUTH REVENU</name>
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        <title>Louisiana Public Facilities Authority</title>
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        <name>MARICOPA CNTY &amp; PHOENIX AZ IND</name>
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        <name>IOWA ST FIN AUTH HLTH FACS REV</name>
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        <title>Iowa Finance Authority</title>
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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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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AKRON BATH COPLEY JT TWP OH HO</name>
        <lei>N/A</lei>
        <title>Akron Bath Copley Joint Township Hospital District</title>
        <cusip>009730PQ9</cusip>
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          <isin value="US009730PQ92"/>
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        <curCd>USD</curCd>
        <valUSD>1331923.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MONTGOMERY CNTY TX MUNI UTIL D</name>
        <lei>N/A</lei>
        <title>Montgomery County Municipal Utility District No 95</title>
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          <isin value="US61370NMK62"/>
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        <curCd>USD</curCd>
        <valUSD>565102.72000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-09-01</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 HSG DEV CORP</name>
        <lei>549300SQWVHKBRF8D702</lei>
        <title>New York City Housing Development Corp</title>
        <cusip>64972KLH6</cusip>
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          <isin value="US64972KLH67"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1268484.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DELAWARE ST HSG AUTH REVENUE</name>
        <lei>N/A</lei>
        <title>Delaware State Housing Authority</title>
        <cusip>246395Z42</cusip>
        <identifiers>
          <isin value="US246395Z424"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1383847.63000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526QPT3</cusip>
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          <isin value="US74526QPT30"/>
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        <balance>1465000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1468680.81000000</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>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WILLIS TX INDEP SCH DIST</name>
        <lei>N/A</lei>
        <title>Willis Independent School District</title>
        <cusip>970667C41</cusip>
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          <isin value="US970667C419"/>
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        <balance>920000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>702667.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KANSAS ST DEV FIN AUTH MF HSG</name>
        <lei>549300WTL7BL8KBDPR87</lei>
        <title>Kansas Development Finance Authority</title>
        <cusip>48542TBJ8</cusip>
        <identifiers>
          <isin value="US48542TBJ88"/>
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        <balance>1305000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1330783.93000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SHELBY CNTY TN HLTH EDUCTNL &amp;</name>
        <lei>N/A</lei>
        <title>Shelby County Health Educational &amp; Housing Facilities Board</title>
        <cusip>821691AD4</cusip>
        <identifiers>
          <isin value="US821691AD40"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2153928.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-09-01</maturityDt>
          <couponKind>Variable</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>RHODE ISLAND ST HLTH &amp; EDUCTNL</name>
        <lei>N/A</lei>
        <title>Rhode Island Health and Educational Building Corp</title>
        <cusip>762244NV9</cusip>
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          <isin value="US762244NV90"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>376131.67000000</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>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MINNESOTA ST HSG FIN AGY</name>
        <lei>549300R89XDTQBK4GE22</lei>
        <title>Minnesota Housing Finance Agency</title>
        <cusip>60416TPK8</cusip>
        <identifiers>
          <isin value="US60416TPK87"/>
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        <balance>3925000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3850497.22000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALABAMA ST HSG FIN AUTH SF MTG</name>
        <lei>549300VFN7EHPOFS7D76</lei>
        <title>Alabama Housing Finance Authority</title>
        <cusip>01030RMQ2</cusip>
        <identifiers>
          <isin value="US01030RMQ29"/>
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        <balance>990000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1079219.79000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-10-01</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>IOWA ST BRD REGENTS HOSP REVEN</name>
        <lei>N/A</lei>
        <title>State of Iowa Board of Regents</title>
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          <isin value="US46256QQB58"/>
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        <curCd>USD</curCd>
        <valUSD>1005846.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CLARK CNTY NV</name>
        <lei>N/A</lei>
        <title>County of Clark NV</title>
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        <valUSD>1000317.70000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2039-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>DELAWARE ST HSG AUTH REVENUE</name>
        <lei>N/A</lei>
        <title>Delaware State Housing Authority</title>
        <cusip>246395ZM2</cusip>
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          <isin value="US246395ZM23"/>
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        <balance>1085000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2055-01-01</maturityDt>
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      <invstOrSec>
        <name>MISSISSIPPI ST HOME CORP SF MT</name>
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        <title>Mississippi Home Corp</title>
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          <isin value="US60535QS356"/>
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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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          <isin value="US64966SMN35"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1600794.90000000</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>2044-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>SAN ANTONIO TX ELEC &amp; GAS REVE</name>
        <lei>5493002G2FEH20Q4GQ04</lei>
        <title>City of San Antonio TX Electric &amp; Gas Systems Revenue</title>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1723192.50000000</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>2033-02-01</maturityDt>
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          <maturityDt>2041-07-01</maturityDt>
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          <maturityDt>2041-10-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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          <maturityDt>2039-02-15</maturityDt>
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        <name>ISLE OF WIGHT CNTY VA ECON DEV</name>
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        <name>GRAND FORKS ND HLTH CARE SYS R</name>
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      <invstOrSec>
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          <isin value="US491501EC23"/>
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          <maturityDt>2042-09-01</maturityDt>
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        <name>BLACK BELT ENERGY GAS DIST ALG</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WEST HAVEN CT</name>
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          <isin value="US953140W481"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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          <isin value="US59261AM532"/>
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          <maturityDt>2050-11-15</maturityDt>
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        <name>TEXAS ST DEPT OF HSG &amp; CMNTY A</name>
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          <maturityDt>2045-09-01</maturityDt>
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        <name>RANTOUL IL</name>
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          <maturityDt>2046-01-01</maturityDt>
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        <name>RHODE ISLAND ST HLTH &amp; EDUCTNL</name>
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        <name>DENVER CITY &amp; CNTY CO SCH DIST</name>
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      </invstOrSec>
      <invstOrSec>
        <name>TEXAS ST MUNI GAS ACQUISITION</name>
        <lei>8E22IH4TQD26WYDGHB25</lei>
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        <cusip>88255QBH1</cusip>
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          <isin value="US88255QBH11"/>
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        <curCd>USD</curCd>
        <valUSD>1070750.82000000</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>2027-09-15</maturityDt>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
        <cusip>65000B7V4</cusip>
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          <isin value="US65000B7V49"/>
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        <curCd>USD</curCd>
        <valUSD>1381773.64000000</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>2043-10-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>SOUTH CAROLINA ST PUBLIC SVC A</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
        <title>South Carolina Public Service Authority</title>
        <cusip>8371514Q9</cusip>
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          <isin value="US8371514Q95"/>
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        <curCd>USD</curCd>
        <valUSD>1234925.66000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>49126PEQ9</cusip>
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          <isin value="US49126PEQ90"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1000250.10000000</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>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>STHRN CALIFORNIA ST PUBLIC PWR</name>
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        <title>Southern California Public Power Authority</title>
        <cusip>842469DE5</cusip>
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          <isin value="US842469DE59"/>
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        <balance>1320000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1470488.05000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOS ANGELES CA DEPT WTR &amp; PWR</name>
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        <cusip>5444957Z1</cusip>
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        <curCd>USD</curCd>
        <valUSD>669822.24000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>DES MOINES IA</name>
        <lei>N/A</lei>
        <title>City of Des Moines IA</title>
        <cusip>25009XSS5</cusip>
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          <isin value="US25009XSS52"/>
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        <balance>2060000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1704164.66000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ATLANTA GA ARPT PASSENGER FAC</name>
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          <isin value="US04780TEA88"/>
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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>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>HOUSTON TX HGR EDU FIN CORP</name>
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        <title>Houston Higher Education Finance Corp</title>
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        <curCd>USD</curCd>
        <valUSD>1915275.38000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-02-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
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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>ENERGY S E AL A COOPERATIVE DI</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HAYS TX CONSOL INDEP SCH DIST</name>
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        <title>Hays Consolidated Independent School District</title>
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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>MASSACHUSETTS ST DEV FIN AGY R</name>
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        <title>Massachusetts Development Finance Agency</title>
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        <name>MUNI ELEC AUTH OF GEORGIA</name>
        <lei>JA0WNILDDF2KUPS83B16</lei>
        <title>Municipal Electric Authority of Georgia</title>
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        <name>FW CHAPARRAL PFC TX RSDL DEV R</name>
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        <name>HARRIS CNTY TX HLTH FACS DEV C</name>
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          <maturityDt>2041-12-01</maturityDt>
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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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        <name>UTAH INFRASTRUCTURE AGY TELECO</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEW YORK CITY NY HSG DEV CORP</name>
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          <maturityDt>2062-11-01</maturityDt>
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      <invstOrSec>
        <name>ARLINGTON TX INDEP SCH DIST</name>
        <lei>N/A</lei>
        <title>Arlington Independent School District/TX</title>
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          <isin value="US0418263E65"/>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>ISLE OF WIGHT CNTY VA ECON DEV</name>
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        <curCd>USD</curCd>
        <valUSD>663562.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>INTERMOUNTAIN PWR AGY UT PWR S</name>
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          <isin value="US45884AB697"/>
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        <curCd>USD</curCd>
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          <maturityDt>2041-07-01</maturityDt>
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        <name>FORT PIERCE FL UTILITIES AUTH</name>
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          <isin value="US348430PG81"/>
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        <curCd>USD</curCd>
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          <maturityDt>2031-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
        <cusip>45203HB50</cusip>
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          <isin value="US45203HB505"/>
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        <curCd>USD</curCd>
        <valUSD>1540251.48000000</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>2038-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DELAWARE ST HSG AUTH REVENUE</name>
        <lei>N/A</lei>
        <title>Delaware State Housing Authority</title>
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          <isin value="US246395K228"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>MET ST UNIV OF DENVER CO INSTN</name>
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        <title>Metropolitan State University of Denver</title>
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          <isin value="US592573BN88"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>NEW YORK ST DORM AUTH ST PERSO</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <name>FOUR LAKES SPL ASSMNT DIST MI</name>
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        <name>CALIFORNIA ST MUNI FIN AUTH CO</name>
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          <isin value="US130493CB38"/>
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        <name>IOWA ST BRD REGENTS HOSP REVEN</name>
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        <name>GUAM GOVT BUSINESS PRIVILEGE T</name>
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        <name>AMERICAN MUNI PWR-OHIO INC OH</name>
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        <name>CANYONS UT SCH DIST</name>
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        <name>SHERMAN TX INDEP SCH DIST</name>
        <lei>N/A</lei>
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        <name>NEW YORK CITY NY TRANSITIONAL</name>
        <lei>N/A</lei>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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          <maturityDt>2034-11-01</maturityDt>
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        <name>CONRAD WEISER PA AREA SCH DIST</name>
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          <maturityDt>2034-09-01</maturityDt>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <name>POST WOOD TX MUNI UTILITY DIST</name>
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        <name>MISSISSIPPI DEV BK SPL OBLIG</name>
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        <title>Pennsylvania Housing Finance Agency</title>
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        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-01</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>MISSOURI ST HLTH &amp; EDUCTNL FAC</name>
        <lei>549300IWTBCMX5JB3277</lei>
        <title>Health &amp; Educational Facilities Authority of the State of Missouri</title>
        <cusip>60637AYM8</cusip>
        <identifiers>
          <isin value="US60637AYM88"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1058321.10000000</valUSD>
        <pctVal>0.088175547821</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH CO</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority</title>
        <cusip>130493CC1</cusip>
        <identifiers>
          <isin value="US130493CC11"/>
        </identifiers>
        <balance>125000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>132900.55000000</valUSD>
        <pctVal>0.011072800874</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</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>
    </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>2025-12-22</ncom:dateSigned>
      <ncom:nameOfApplicant>New York Life Investments Active ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Adefolahan Oyefeso</ncom:signature>
      <ncom:signerName>Adefolahan Oyefeso</ncom:signerName>
      <ncom:title>Director and Vice President, IndexIQ</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
