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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LEE CNTY FL TRANSPRTN FAC REVE</name>
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      <invstOrSec>
        <name>MONTGOMERY &amp; MACOUPIN CNTYS IL</name>
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      <invstOrSec>
        <name>FORT BEND CNTY TX MUNI UTILITY</name>
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          <maturityDt>2037-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
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          <isin value="US048342GK97"/>
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        <curCd>USD</curCd>
        <valUSD>498926.24000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <debtSec>
          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ESTRN MICHIGAN UNIV REVENUES</name>
        <lei>549300K3C21R17LKDU63</lei>
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        <cusip>276731ZL3</cusip>
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          <isin value="US276731ZL32"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>924268.43000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTH SLOANS LAKE MET DIST #2</name>
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          <isin value="US84039TAN54"/>
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        <curCd>USD</curCd>
        <valUSD>293927.98000000</valUSD>
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          <maturityDt>2033-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ORANGE TWP NJ</name>
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          <isin value="US685312LG34"/>
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        <curCd>USD</curCd>
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          <maturityDt>2027-12-01</maturityDt>
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      <invstOrSec>
        <name>CHAUTAUQUA CNTY NY</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-12-15</maturityDt>
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          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>PERTH AMBOY NJ</name>
        <lei>N/A</lei>
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          <isin value="US715382M612"/>
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          <maturityDt>2025-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <maturityDt>2023-03-15</maturityDt>
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        <name>WEST HAVEN CT</name>
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          <maturityDt>2035-03-15</maturityDt>
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          <maturityDt>2028-02-15</maturityDt>
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        <name>DETROIT MI SWR DISP SYS REVENU</name>
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        <name>SANTA RITA CA UNION SCH DIST</name>
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          <maturityDt>2039-08-01</maturityDt>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
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        <name>MASSACHUSETTS ST SPL OBLG DEDI</name>
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          <maturityDt>2022-01-01</maturityDt>
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        <name>CERES CA UNIF SCH DIST</name>
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          <isin value="US156753MG72"/>
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          <maturityDt>2025-08-01</maturityDt>
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        <name>FLORIDA ST GOVTL UTILITY AUTHU</name>
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        <name>SAGINAW MI CITY SCH DIST</name>
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          <maturityDt>2033-11-15</maturityDt>
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          <maturityDt>2027-02-15</maturityDt>
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      <invstOrSec>
        <name>CAMANCHE IA CMNTY SCH DIST</name>
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        <name>MET WASHINGTON DC ARPTS AUTH D</name>
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        <name>S JERSEY NJ TRANSPRTN AUTH TRA</name>
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        <name>CALCASIEU PARISH LA SCH DIST #</name>
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        <title>Calcasieu Parish School District No 23</title>
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        <name>CASTLE OAKS CO MET DIST #3</name>
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        <isRestrictedSec>N</isRestrictedSec>

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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST SALES TAX REVENUE</name>
        <lei>54930048FV8RWPR02D67</lei>
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        <curCd>USD</curCd>
        <valUSD>834184.43000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>HARRIS CNTY-HOUSTON TX SPORTS</name>
        <lei>N/A</lei>
        <title>Harris County-Houston Sports Authority</title>
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          <isin value="US413890CZ54"/>
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        <curCd>USD</curCd>
        <valUSD>251757.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAINT MARY PARISH LA SOL WST S</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>405835.58000000</valUSD>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PASSAIC VLY NJ SEWAGE COMMISSI</name>
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          <isin value="US702826JW97"/>
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        <curCd>USD</curCd>
        <valUSD>119296.12000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HARTFORD CT</name>
        <lei>N/A</lei>
        <title>City of Hartford CT</title>
        <cusip>416415FQ5</cusip>
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          <isin value="US416415FQ51"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16697.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MUNCIE IN SANTN DIST REVENUE</name>
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          <isin value="US625847FY97"/>
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        <curCd>USD</curCd>
        <valUSD>773839.65000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MEDFORD OR HOSP FACS AUTH REVE</name>
        <lei>N/A</lei>
        <title>Medford Hospital Facilities Authority</title>
        <cusip>584283HB4</cusip>
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          <isin value="US584283HB43"/>
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        <balance>3170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3726812.72000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RHODE ISLAND ST HLTH &amp; EDUCTNL</name>
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        <title>Rhode Island Health and Educational Building Corp</title>
        <cusip>762196SZ7</cusip>
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          <isin value="US762196SZ73"/>
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        <balance>390000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>462874.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK CITY NY INDL DEV AGY</name>
        <lei>549300XR20ZR5DHL9534</lei>
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          <isin value="US64971PEZ45"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1542742.35000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.26000000</annualizedRt>
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      <invstOrSec>
        <name>SAVANNA CA ELEM SCH DIST</name>
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          <isin value="US80467PDH29"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>185493.18000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>STERLING IL</name>
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        <valUSD>595865.90000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2038-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>COOK &amp; WILL CNTYS IL SCH DIST</name>
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          <isin value="US213075FZ29"/>
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        <curCd>USD</curCd>
        <valUSD>376126.08000000</valUSD>
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          <maturityDt>2031-12-01</maturityDt>
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          <isin value="US048339TF29"/>
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          <maturityDt>2021-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
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        <valUSD>2599646.00000000</valUSD>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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          <isin value="US646136TM34"/>
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        <debtSec>
          <maturityDt>2027-12-15</maturityDt>
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        <name>NEW YORK CITY NY INDL DEV AGY</name>
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          <isin value="US64971PKY06"/>
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          <maturityDt>2030-01-01</maturityDt>
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      <invstOrSec>
        <name>JEFFERSON DAVIS PARISH LA WTR</name>
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          <isin value="US474043AR70"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2039-12-01</maturityDt>
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      <invstOrSec>
        <name>KLICKITAT CNTY WA PUBLIC UTILI</name>
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        <name>LEWIS IA CMNTY SCH DIST SCH IN</name>
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        <name>BRISTOL BORO PA SCH DIST</name>
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        <name>SAN JUAN CA UNIF SCH DIST</name>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <name>HEMET CA UNIF SCH DIST</name>
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        <name>BELLWOOD-ANTIS PA SCH DIST</name>
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          <maturityDt>2024-03-01</maturityDt>
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        <name>COOK CNTY IL SCH DIST #88 BELL</name>
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          <maturityDt>2037-09-01</maturityDt>
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          <maturityDt>2025-08-15</maturityDt>
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        <name>MADISON BOND ETC CNTYS IL CMNT</name>
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          <maturityDt>2025-08-01</maturityDt>
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        <name>ARLINGTON TX SPL TAX REVENUE</name>
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          <maturityDt>2044-02-15</maturityDt>
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        <name>VAUXMONT MET DIST CO</name>
        <lei>549300M7XL6MB0OW8D56</lei>
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        <name>CLEAR LAKE TX CITY WTR AUTH</name>
        <lei>N/A</lei>
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          <isin value="US1845765B80"/>
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          <maturityDt>2025-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>STERLING IL</name>
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          <maturityDt>2037-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>BIBB CNTY AL BRD EDU SPL TAX S</name>
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          <isin value="US08867MBB19"/>
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        <curCd>USD</curCd>
        <valUSD>509212.39000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2035-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MET ATLANTA GA RAPID TRANSIT A</name>
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          <isin value="US591745B455"/>
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        <curCd>USD</curCd>
        <valUSD>237021.70000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-01</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>OAK GROVE CA SCH DIST</name>
        <lei>N/A</lei>
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          <isin value="US6712052Y74"/>
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        <balance>675000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>339047.30000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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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 58</title>
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          <isin value="US346806SD57"/>
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        <curCd>USD</curCd>
        <valUSD>487416.20000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
          <maturityDt>2034-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALABAMA CMNTY CLG SYS BRD OF T</name>
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          <isin value="US01025PHD87"/>
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        <balance>260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>284414.81000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ATLANTIC CITY NJ BRD OF EDU</name>
        <lei>N/A</lei>
        <title>Atlantic City Board of Education</title>
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          <isin value="US048342GS24"/>
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        <curCd>USD</curCd>
        <valUSD>377168.52000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW ORLEANS LA SEWAGE SVC REVE</name>
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          <isin value="US647719PS68"/>
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          <maturityDt>2039-06-01</maturityDt>
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      <invstOrSec>
        <name>RACINE WI WTRWKS REVENUE</name>
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          <isin value="US750055MF94"/>
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          <maturityDt>2030-09-01</maturityDt>
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      <invstOrSec>
        <name>BENZIE CNTY MI CENTRL SCHS</name>
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          <isin value="US083473FF02"/>
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        <name>ARIZONA INDL DEV AUTH STUDENT</name>
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          <isin value="US04052VAQ32"/>
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        <name>UTAH ST TRANSIT AUTH SALES TAX</name>
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        <name>JAMUL-DULZURA UNION SCHOOL DISTRICT</name>
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          <maturityDt>2027-11-01</maturityDt>
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        <name>BALDWIN PARK CA UNIF SCH DIST</name>
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          <isin value="US058219NB80"/>
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      <invstOrSec>
        <name>ERIE PA SWR AUTH</name>
        <lei>N/A</lei>
        <title>Erie Sewer Authority</title>
        <cusip>295533QD8</cusip>
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          <isin value="US295533QD82"/>
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        <curCd>USD</curCd>
        <valUSD>577853.52000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW JERSEY ST EDUCTNL FACS AUT</name>
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          <isin value="US6460666Q86"/>
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        <curCd>USD</curCd>
        <valUSD>356032.59000000</valUSD>
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          <maturityDt>2025-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>ORANGE CNTY FL TOURIST DEV TAX</name>
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          <maturityDt>2031-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>STRATFORD CT</name>
        <lei>N/A</lei>
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          <isin value="US8628115P76"/>
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        <curCd>USD</curCd>
        <valUSD>293195.03000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TIMBER LANE TX UTILITY DIST</name>
        <lei>N/A</lei>
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          <isin value="US887127ZQ41"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>535288.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2023-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BELLWOOD-ANTIS PA SCH DIST</name>
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          <isin value="US080053JJ16"/>
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        <curCd>USD</curCd>
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          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>LELAND MI PUBLIC SCH DIST</name>
        <lei>N/A</lei>
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          <isin value="US525516FG00"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>NEWARK NJ</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <maturityDt>2027-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey Transportation Trust Fund Authority</title>
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          <isin value="US646136TN17"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-15</maturityDt>
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        <name>BELLEVUE CA UNION SCH DIST</name>
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          <maturityDt>2035-08-01</maturityDt>
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        <name>AMBRIDGE PA AREA SCH DIST</name>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
        <lei>549300YUVD5TEXR6L889</lei>
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          <isin value="US646136TK77"/>
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          <maturityDt>2024-12-15</maturityDt>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <name>LANCASTER PA SCH DIST</name>
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        <name>CHICAGO IL O'HARE INTERNATIONA</name>
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        <name>CRAWFORD IL HOSP DIST</name>
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        <invCountry>US</invCountry>
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        <name>CAMBRIA CNTY PA</name>
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        <name>GRAND JUNCTION CO REGL ARPT AU</name>
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        <name>STATE PUBLIC SCH BLDG AUTH PAL</name>
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      <invstOrSec>
        <name>NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-12-15</maturityDt>
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        <name>SACRAMENTO CA CITY SCHS JT PWR</name>
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          <maturityDt>2024-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>TIMBER LANE TX UTILITY DIST</name>
        <lei>N/A</lei>
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          <isin value="US887127ZT89"/>
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          <maturityDt>2026-08-01</maturityDt>
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        <name>NEW ORLEANS LA SEWAGE SVC REVE</name>
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          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>EPHRATA BORO PA AUTH SWR REVEN</name>
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          <maturityDt>2043-11-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>DELAWARE ST ECON DEV AUTH REVE</name>
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          <isin value="US246387SH86"/>
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        <curCd>USD</curCd>
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          <maturityDt>2026-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>SOMERSET PA AREA SCH DIST</name>
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          <maturityDt>2023-02-15</maturityDt>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <maturityDt>2021-05-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>GOVERNORS IL ST UNIV COPS</name>
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        <title>Governors State University</title>
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          <maturityDt>2023-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>LINCOLN CA SPL TAX</name>
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        <title>City of Lincoln CA</title>
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          <isin value="US533042JU21"/>
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          <maturityDt>2034-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>JEFFERSON DAVIS PARISH LA WTR</name>
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        <name>STERLING IL</name>
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        <name>COOK CNTY IL TWP HIGH SCH DIST</name>
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        <name>MENIFEE CA UNION SCH DIST</name>
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        <name>MOUNT VERNON NY CITY SCH DIST</name>
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          <maturityDt>2021-09-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>BENZIE CNTY MI CENTRL SCHS</name>
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        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
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        <name>WILL CNTY IL CMNTY UNIT SCH DI</name>
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      <invstOrSec>
        <name>SONOMA CNTY CA CMNTY REDEV AGY</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO CMWLTH</name>
        <lei>549300X44HXPLJU48U63</lei>
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        <valUSD>102902.50000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LORAIN OH</name>
        <lei>N/A</lei>
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          <isin value="US5436895B53"/>
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        <curCd>USD</curCd>
        <valUSD>297349.21000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>TRAVIS CNTY TX WC&amp;ID POINT VEN</name>
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        <title>Travis County Water Control &amp; Improvement District/TX</title>
        <cusip>894393FN2</cusip>
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          <isin value="US894393FN25"/>
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        <curCd>USD</curCd>
        <valUSD>584452.26000000</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>2026-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BETHEL OH LOCAL SCH DIST COPS</name>
        <lei>N/A</lei>
        <title>Bethel Local School District</title>
        <cusip>086854AE6</cusip>
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          <isin value="US086854AE67"/>
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        <balance>265000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>301786.51000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RIVERSIDE CNTY CA CMNTY FACS D</name>
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        <title>Riverside County Community Facilities Districts</title>
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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>2045-09-01</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>KANKAKEE IL</name>
        <lei>549300Z3ZVLSXELVAS52</lei>
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          <isin value="US484404YW28"/>
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        <curCd>USD</curCd>
        <valUSD>500211.27000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CATASAUQUA PA AREA SCH DIST</name>
        <lei>N/A</lei>
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        <cusip>149045SL1</cusip>
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          <isin value="US149045SL15"/>
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        <balance>430000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>503948.52000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>CICERO IL</name>
        <lei>N/A</lei>
        <title>Town of Cicero IL</title>
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          <isin value="US171646SD53"/>
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        <balance>475000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>595379.49000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RIO BLANCO CNTY CO SCH DIST #R</name>
        <lei>N/A</lei>
        <title>Rio Blanco County School District No Re-1 Meeker</title>
        <cusip>767000EX6</cusip>
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          <isin value="US767000EX68"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>192221.16000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-12-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>CITY OF HARTFORD CT</name>
        <lei>N/A</lei>
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          <maturityDt>2034-07-01</maturityDt>
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        <name>SALINAS VLY CA SOL WST AUTH</name>
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          <maturityDt>2026-08-01</maturityDt>
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        <name>MIAMI-DADE CNTY FL SCH BRD COP</name>
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          <maturityDt>2021-10-01</maturityDt>
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        <name>WSTRN CAROLINA NC UNIV</name>
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          <maturityDt>2027-06-01</maturityDt>
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          <maturityDt>2028-02-01</maturityDt>
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        <name>GROSSMONT CA HLTHCARE DIST</name>
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          <maturityDt>2032-07-15</maturityDt>
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        <name>NEW HAVEN CT</name>
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          <maturityDt>2039-08-01</maturityDt>
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        <name>MORGANTOWN WV COMB UTILITY SYS</name>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>DANA POINT CA CMNTY FACS DISTS</name>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>STERLING IL</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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          <maturityDt>2039-11-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>CASINO REINVESTMENT DEV AUTH N</name>
        <lei>N/A</lei>
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          <isin value="US14760RAN17"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS ST TURNPIKE AUTH CENTRLT</name>
        <lei>N/A</lei>
        <title>Central Texas Turnpike System</title>
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          <isin value="US882762FE24"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>962816.30000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-15</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TROY AL</name>
        <lei>N/A</lei>
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        <cusip>897285LD2</cusip>
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          <isin value="US897285LD23"/>
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        <curCd>USD</curCd>
        <valUSD>568404.80000000</valUSD>
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          <maturityDt>2024-07-01</maturityDt>
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        <name>GUADALUPE CA UNION SCH DIST</name>
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          <isin value="US400582BE19"/>
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        <name>BOZEMAN MT TAX INCR URBAN RENE</name>
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          <isin value="US103707BE43"/>
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          <maturityDt>2024-07-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>WILLIAMSPORT PA SAN AUTH</name>
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        <title>Williamsport Sanitary Authority</title>
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          <isin value="US970225EN44"/>
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          <maturityDt>2030-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>LAKE CNTY IL CMNTY CONSOL SCHD</name>
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          <maturityDt>2029-02-01</maturityDt>
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        <name>CRYSTAL VLY CO MET DIST #2</name>
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        <name>NORTH SYRACUSE NY CENTRL SCH D</name>
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        <name>INDIANAPOLIS LOCAL PUBLIC IMPROVEMENT BOND BANK</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-02-01</maturityDt>
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        <name>BNC MET DIST #1 CO</name>
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          <maturityDt>2037-12-01</maturityDt>
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        <name>RIPON CA REDEV AGY SUCCESSOR A</name>
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          <maturityDt>2029-11-01</maturityDt>
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      <invstOrSec>
        <name>NEW ORLEANS LA AVIATION BRD SP</name>
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          <isin value="US64763KAD00"/>
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        <name>BOYNTON BEACH FL UTILITY SYS R</name>
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          <maturityDt>2022-11-01</maturityDt>
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        <name>PLAQUEMINE LA SALES &amp; USE TAX</name>
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          <isin value="US727510EK11"/>
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        <balance>750000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-01</maturityDt>
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        <name>PALM BAY FL</name>
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        <name>WILLIAMSBURG CNTY SC PUBLIC FA</name>
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        <name>GRANDVILLE MI PUBLIC SCH DIST</name>
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        <name>DE KALB &amp; KANE CNTYS IL CMNTYU</name>
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        <name>WARREN MI CONSOL SCH DIST</name>
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        <name>STARK KNOX &amp; MARSHALL CNTYS IL</name>
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        <name>PUBLIC FIN AUTH WI STUDENT HSG</name>
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        <name>CUYAHOGA CNTY OH HOSP REVENUE</name>
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        <name>MAINE ST FIN AUTH LOAN REVENUE</name>
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        <name>PUBLIC FIN AUTH WI STUDENT HSG</name>
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        <name>BUTLER PA AREA SWR AUTH</name>
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          <maturityDt>2026-07-01</maturityDt>
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        <name>EL CERRITO CA SALES TAX REVENU</name>
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          <isin value="US28286PAL40"/>
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        <curCd>USD</curCd>
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          <maturityDt>2028-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
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          <isin value="US28286PAU49"/>
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          <maturityDt>2036-05-01</maturityDt>
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        <name>STUDENT &amp; ACADEMIC SVCS LLC AZ</name>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW ORLEANS LA SEWAGE SVC REVE</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>S JERSEY NJ TRANSPRTN AUTH TRA</name>
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          <maturityDt>2030-11-01</maturityDt>
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        <name>MASSACHUSETTS ST SCH BLDG AUTH</name>
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          <isin value="US576000TS22"/>
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        <name>GARDEN GROVE CA AGY CMNTY DEV</name>
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        <name>ALLENTOWN PA SCH DIST</name>
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        <name>CHELAN COUNTY PUBLIC UTILITY DISTRICT NO 1</name>
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        <name>SAINT LOUIS MO ARPT REVENUE</name>
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        <name>MUNCIE IN SANTN DIST REVENUE</name>
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        <name>ONEIDA CO NY LOCA 3 12/44</name>
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        <name>STERLING IL</name>
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      <invstOrSec>
        <name>COACHELLA VLY CA UNIF SCH DIST</name>
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          <maturityDt>2024-12-01</maturityDt>
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      <invstOrSec>
        <name>East Orange Board Of Education</name>
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        <name>MADISON CNTY IL CMNTY UNIT SCH</name>
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        <name>PROVIDENCE RI PUBLIC BLDGS AUT</name>
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        <name>CALEXICO CA UNIF SCH DIST</name>
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          <maturityDt>2024-09-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MISSISSIPPI ST DEV BANK SPL OB</name>
        <lei>549300122LOI8CB50V38</lei>
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          <isin value="US60534WZA97"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-10-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BELLWOOD-ANTIS PA SCH DIST</name>
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        <curCd>USD</curCd>
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          <maturityDt>2026-06-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>MASSACHUSETTS ST</name>
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          <isin value="US57582NYY56"/>
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        <curCd>USD</curCd>
        <valUSD>545499.12000000</valUSD>
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          <maturityDt>2028-08-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>TULARE CA LOCAL HLTH CARE DIST</name>
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        <curCd>USD</curCd>
        <valUSD>416047.45000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RIO GRANDE CITY TX</name>
        <lei>N/A</lei>
        <title>City of Rio Grande City TX</title>
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          <isin value="US76705NKJ53"/>
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        <curCd>USD</curCd>
        <valUSD>727579.57000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LORAIN OH</name>
        <lei>N/A</lei>
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          <isin value="US543689Y985"/>
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        <curCd>USD</curCd>
        <valUSD>615501.77000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>WASHINGTON CNTY IL CMNTY UNITS</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-01-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>BUFFALO NY MUNI WTR FIN AUTH</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-07-01</maturityDt>
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        <name>WAVERLY TWP MUNI AUTH PA LEASE</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-15</maturityDt>
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      <invstOrSec>
        <name>GRANDVILLE MI PUBLIC SCH DIST</name>
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        <name>UNION CNTY IL</name>
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          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>MACON CNTY IL SCH DIST #61</name>
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        <title>Macon County School District No 61 Decatur</title>
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        <name>CHICAGO IL BRD OF EDU</name>
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          <maturityDt>2023-12-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>CLEVELAND OH PUBLIC PWR SYS RE</name>
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          <maturityDt>2037-11-15</maturityDt>
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        <name>LANCASTER PA HGR EDU AUTH</name>
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          <isin value="US514328HT39"/>
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        <name>KANSAS CITY MO INDL DEV AUTH A</name>
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          <maturityDt>2050-03-01</maturityDt>
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        <name>CHICAGO IL PARK DIST</name>
        <lei>549300DNSTZGBZLIU409</lei>
        <title>Chicago Park District</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NEW JERSEY ST ECON DEV AUTH</name>
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        <title>New Jersey Economic Development Authority</title>
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        <name>MANTECA CA UNIF SCH DIST</name>
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      <invstOrSec>
        <name>WSTRN CAROLINA NC UNIV</name>
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        <name>PROVIDENCE RI PUBLIC BLDGS AUT</name>
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      <invstOrSec>
        <name>S W HOUSTON TX REDEV AUTH TAX</name>
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        <name>MADERA CNTY CA PUBLIC FING AUT</name>
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        <name>LEWIS IA CMNTY SCH DIST SCH IN</name>
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        <name>OCEANSIDE CA UNIF SCH DIST</name>
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        <name>BOZEMAN MT TAX INCR URBAN RENE</name>
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        <name>W CONTRA COSTA CA UNIF SCH DIS</name>
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        <name>STATE PUBLIC SCH BLDG AUTH PAC</name>
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        <name>CALIFORNIA MUNICIPAL FINANCE AUTHORITY</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NORTH CAROLINA ST TURNPIKE AUT</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>CLARK CNTY NV SCH DIST</name>
        <lei>N/A</lei>
        <title>Clark County School District</title>
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          <isin value="US181059R651"/>
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        <curCd>USD</curCd>
        <valUSD>320274.10000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY</name>
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        <title>KY ST ECON DEV-A</title>
        <cusip>49126KKB6</cusip>
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          <isin value="US49126KKB60"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>559241.15000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WAUKEGAN IL</name>
        <lei>N/A</lei>
        <title>City of Waukegan IL</title>
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          <isin value="US942860TY35"/>
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        <curCd>USD</curCd>
        <valUSD>1254919.28000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-12-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MIAMI BEACH FL REDEV AGY</name>
        <lei>N/A</lei>
        <title>Miami Beach Redevelopment Agency</title>
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          <isin value="US593237FK18"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>167972.28000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>ATLANTIC CITY NJ BRD OF EDU</name>
        <lei>N/A</lei>
        <title>Atlantic City Board of Education</title>
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          <isin value="US048342GQ67"/>
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        <curCd>USD</curCd>
        <valUSD>373847.47000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO CMWLTH</name>
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        <title>Commonwealth of Puerto Rico</title>
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        <curCd>USD</curCd>
        <valUSD>499199.52000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>MADISON BOND ETC CNTYS IL CMNT</name>
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        <title>Madison Bond Etc Counties Community Unit School District No 5 Highland</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-02-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>YONKERS NY</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <title>New Jersey Transportation Trust Fund Authority</title>
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          <isin value="US6461355R06"/>
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          <maturityDt>2021-12-15</maturityDt>
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        <name>TIMBER LANE TX UTILITY DIST</name>
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        <title>Timber Lane Utility District</title>
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        <name>NORTHERN IL UNIV REVENUES</name>
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        <title>Northern Illinois University</title>
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        <name>LOUISIANA ST ENERGY &amp; PWR AUTH</name>
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        <name>MORGANTOWN WV COMB UTILITY SYS</name>
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        <name>KENTUCKY ST ASSET/LIABILITY CO</name>
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          <maturityDt>2021-11-01</maturityDt>
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        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
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        <title>Metropolitan Pier &amp; Exposition Authority</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-06-15</maturityDt>
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        <name>DETROIT MI SWR DISP SYS REVENU</name>
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          <isin value="US251237G800"/>
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        <curCd>USD</curCd>
        <valUSD>504037.10000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-07-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>WINTERS CA JT UNIF SCH DIST YO</name>
        <lei>N/A</lei>
        <title>Winters Joint Unified School District</title>
        <cusip>976095KV0</cusip>
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          <isin value="US976095KV08"/>
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        <curCd>USD</curCd>
        <valUSD>445350.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VAUXMONT MET DIST CO</name>
        <lei>549300M7XL6MB0OW8D56</lei>
        <title>Vauxmont Metropolitan District</title>
        <cusip>92242SAL7</cusip>
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          <isin value="US92242SAL79"/>
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        <curCd>USD</curCd>
        <valUSD>157244.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS ST TECH CLG SYS FING SYS</name>
        <lei>N/A</lei>
        <title>Texas State Technical College</title>
        <cusip>88276REF5</cusip>
        <identifiers>
          <isin value="US88276REF55"/>
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        <balance>525000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>625401.74000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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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>54628CQN5</cusip>
        <identifiers>
          <isin value="US54628CQN55"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>717084.42000000</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>2039-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526QCM24"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25541.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LATROBE PA MUNI AUTH</name>
        <lei>N/A</lei>
        <title>Latrobe Municipal Authority</title>
        <cusip>518336DM1</cusip>
        <identifiers>
          <isin value="US518336DM15"/>
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        <balance>190000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>213420.45000000</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>2032-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>YONKERS NY</name>
        <lei>N/A</lei>
        <title>City of Yonkers NY</title>
        <cusip>986082H57</cusip>
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          <isin value="US986082H578"/>
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        <balance>290000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>318149.02000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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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 58</title>
        <cusip>346806SE3</cusip>
        <identifiers>
          <isin value="US346806SE31"/>
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        <balance>435000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>475530.47000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INDEPENDENT CITIES FIN AUTH CA</name>
        <lei>549300ZZZYTBUL6FR983</lei>
        <title>Independent Cities Finance Authority</title>
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          <isin value="US45384PAK12"/>
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        <balance>430000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>503821.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>MATAGORDA CNTY TX NAV DISRICT</name>
        <lei>N/A</lei>
        <title>Matagorda County Navigation District No 1</title>
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          <isin value="US57652TAV98"/>
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        <balance>615000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>777518.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BEAUMONT CA PUBLIC IMPT AUTH W</name>
        <lei>N/A</lei>
        <title>Beaumont Public Improvement Authority</title>
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          <isin value="US074428AG84"/>
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        <balance>575000.00000000</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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        <debtSec>
          <maturityDt>2025-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>TEXAS ST TURNPIKE AUTH CENTRLT</name>
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        <title>Central Texas Turnpike System</title>
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          <isin value="US882762FG71"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-15</maturityDt>
          <couponKind>None</couponKind>
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        <name>CAMDEN CNTY NJ IMPT AUTH REVEN</name>
        <lei>549300UTQBT9ZE0QFB15</lei>
        <title>Camden County Improvement Authority/The</title>
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          <isin value="US13281NYG14"/>
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          <maturityDt>2025-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>MISSISSIPPI DEV BK SPL OBLIG</name>
        <lei>549300122LOI8CB50V38</lei>
        <title>Mississippi Development Bank</title>
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          <isin value="US60534XBL91"/>
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        <balance>490000.00000000</balance>
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          <maturityDt>2033-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>OYSTER BAY NY</name>
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          <isin value="US692160RE62"/>
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        <balance>65000.00000000</balance>
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          <maturityDt>2026-02-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>WAUKEGAN IL WTR &amp; SWR REVENUE</name>
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        <title>City of Waukegan IL Water &amp; Sewer System Revenue</title>
        <cusip>943011KK1</cusip>
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          <isin value="US943011KK10"/>
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        <balance>125000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-30</maturityDt>
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        <name>PULASKI NY CENTRL SCH DIST</name>
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        <balance>250000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RACINE WI WTRWKS REVENUE</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>STONE PARK IL</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>WASHINGTON ST</name>
        <lei>549300X3TODFMUKLQ364</lei>
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          <isin value="US93974A4Y76"/>
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          <maturityDt>2026-06-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>COMPTON CA UNIF SCH DIST COPS</name>
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          <isin value="US204738BB37"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>288696.05000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-06-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>CATASAUQUA PA AREA SCH DIST</name>
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          <isin value="US149045SK32"/>
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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>2027-02-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>WEBER BASIN UT WTR CONSERVANCY</name>
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          <isin value="US947628GK38"/>
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        <curCd>USD</curCd>
        <valUSD>702533.70000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HERONS GLEN FL RECREATION DIST</name>
        <lei>N/A</lei>
        <title>Herons Glen Recreation District</title>
        <cusip>427747BF6</cusip>
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          <isin value="US427747BF62"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>184743.90000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UTAH ST TRANSIT AUTH SALES TAX</name>
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          <isin value="US917565KD47"/>
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        <balance>215000.00000000</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>2035-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>S W HOUSTON TX REDEV AUTH TAX</name>
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        <title>Southwest Houston Redevelopment Authority</title>
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          <isin value="US845045BN23"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEWARK NJ</name>
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        <valUSD>181877.44000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>EL CENTRO CA REDEV AGY SUCCESS</name>
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        <title>El Centro Redevelopment Agency Successor Agency</title>
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          <isin value="US282838AJ01"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>MORGANTOWN WV COMB UTILITY SYS</name>
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          <isin value="US61759CDK18"/>
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        <name>BENZIE CNTY MI CENTRL SCHS</name>
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        <title>Benzie County Central Schools/MI</title>
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        <name>MACON CNTY IL SCH DIST #61</name>
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        <name>SAINT LUCIE CNTY FL SCH DIST S</name>
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        <name>PARAMOUNT CA UNIF SCH DIST</name>
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        <name>CRYSTAL VLY CO MET DIST #2</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2039-12-01</maturityDt>
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      <invstOrSec>
        <name>LYNWOOD CA UNIF SCH DIST COPS</name>
        <lei>N/A</lei>
        <title>Lynwood Unified School District/CA</title>
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        <name>PROVIDENCE RI PUBLIC BLDGS AUT</name>
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      <invstOrSec>
        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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          <isin value="US59261AZW07"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-11-15</maturityDt>
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      <invstOrSec>
        <name>NAPA VLY CA UNIF SCH DIST</name>
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          <isin value="US630362EF47"/>
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          <maturityDt>2044-08-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>CRAWFORD IL HOSP DIST</name>
        <lei>N/A</lei>
        <title>Crawford Hospital District</title>
        <cusip>225022CJ9</cusip>
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          <isin value="US225022CJ95"/>
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        <curCd>USD</curCd>
        <valUSD>783863.87000000</valUSD>
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          <maturityDt>2034-01-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>WINSTON-SALEM ST UNIV NC LIMIT</name>
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        <title>Winston-Salem State University</title>
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          <isin value="US975705BA16"/>
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          <maturityDt>2021-06-01</maturityDt>
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      <invstOrSec>
        <name>ARKANSAS ST DEV FIN AUTH TOBAC</name>
        <lei>N/A</lei>
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          <isin value="US04109HBD52"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UKIAH CA UNIF SCH DIST</name>
        <lei>N/A</lei>
        <title>Ukiah Unified School District/CA</title>
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          <isin value="US903698DE52"/>
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        <balance>250000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-08-01</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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        <name>FLORIDA ST BRD OF GOVERNORS FL</name>
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        <title>Florida State Board of Governors Florida International University Dormitory Rev</title>
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          <isin value="US34114CCX11"/>
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        <name>MONTGOMERY &amp; MACOUPIN CNTYS IL</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2035-08-15</maturityDt>
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        <name>CALCASIEU PARISH LA SCH DIST #</name>
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        <title>Calcasieu Parish School District No 23</title>
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          <maturityDt>2027-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>MERCED CA IRR DIST ELEC SYS RE</name>
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        <title>Merced Irrigation District</title>
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        <name>HUENEME CA ELEM SCH DIST</name>
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        <title>Hueneme Elementary School District</title>
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          <isin value="US444258HE06"/>
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        <name>FORT BEND CNTY TX MUNI UTILITY</name>
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        <name>HARTFORD CT</name>
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        <name>TULARE CA LOCAL HLTH CARE DIST</name>
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        <name>LOUISIANA ST LOCAL GOVT ENVRNM</name>
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        <title>Louisiana Local Government Environmental Facilities &amp; Community Development Auth</title>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PITTSBURGH &amp; ALLEGHENY CNTY PA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CHELAN CNTY WA PUBLIC UTILITY</name>
        <lei>5493004E8FN9GU2SU067</lei>
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          <isin value="US163123MT68"/>
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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>2023-06-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>SUFFOLK CNTY NY</name>
        <lei>N/A</lei>
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          <isin value="US86476PWC84"/>
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        <curCd>USD</curCd>
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          <maturityDt>2023-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>LAZY NINE TX MUNI UTILITY DIST</name>
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        <title>Lazy Nine Municipal Utility District No 1B</title>
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          <isin value="US52109HJR57"/>
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        <curCd>USD</curCd>
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          <maturityDt>2021-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <name>YONKERS NY</name>
        <lei>N/A</lei>
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          <isin value="US986082G331"/>
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        <balance>650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>821577.71000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</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>BOZEMAN MT TAX INCR URBAN RENE</name>
        <lei>N/A</lei>
        <title>City of Bozeman MT</title>
        <cusip>103707BG9</cusip>
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          <isin value="US103707BG90"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>86229.02000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MUNCIE IN SANTN DIST REVENUE</name>
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          <isin value="US625847EZ71"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2023-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ATLANTIC CITY NJ BRD OF EDU</name>
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        <title>Atlantic City Board of Education</title>
        <cusip>048342GH6</cusip>
        <identifiers>
          <isin value="US048342GH68"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>456236.76000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CUMBERLAND MD</name>
        <lei>N/A</lei>
        <title>City of Cumberland MD</title>
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          <isin value="US230723NY04"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>456988.56000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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        <title>Metropolitan Transportation Authority</title>
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          <isin value="US59261AG351"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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        <name>WOODLAND CA JT UNIF SCH DIST C</name>
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          <isin value="US979544DM25"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
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        <debtSec>
          <maturityDt>2033-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
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        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526QLY60"/>
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        <balance>510000.00000000</balance>
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        <valUSD>472402.39000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
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          <annualizedRt>0.65500000</annualizedRt>
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      <invstOrSec>
        <name>REDWOOD CITY CA REDEV AGY TAX</name>
        <lei>N/A</lei>
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          <isin value="US757887BM55"/>
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          <maturityDt>2029-07-15</maturityDt>
          <couponKind>None</couponKind>
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        <name>NORTHERN IL UNIV REVENUES</name>
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          <isin value="US665245ZK51"/>
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        <name>BENZIE CNTY MI CENTRL SCHS</name>
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        <title>Benzie County Central Schools/MI</title>
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          <isin value="US083473FD53"/>
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          <maturityDt>2035-05-01</maturityDt>
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      <invstOrSec>
        <name>STARK KNOX &amp; MARSHALL CNTYS IL</name>
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        <cusip>855354DW3</cusip>
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          <isin value="US855354DW32"/>
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          <maturityDt>2040-12-01</maturityDt>
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        <name>CALIFORNIA ST MUNI FIN AUTH ST</name>
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        <title>California Municipal Finance Authority</title>
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          <isin value="US13049YCM12"/>
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        <balance>250000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2043-05-15</maturityDt>
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        <name>ILLINOIS ST</name>
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        <title>State of Illinois</title>
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          <isin value="US4521503D55"/>
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        <balance>500000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>WAUKEGAN IL WTR &amp; SWR REVENUE</name>
        <lei>N/A</lei>
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          <isin value="US943011LA29"/>
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        <valUSD>548536.55000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>S W HOUSTON TX REDEV AUTH TAX</name>
        <lei>N/A</lei>
        <title>Southwest Houston Redevelopment Authority</title>
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          <isin value="US845045BM40"/>
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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>2028-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WARRIOR RUN PA SCH DIST MONTOU</name>
        <lei>N/A</lei>
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          <isin value="US936270HY68"/>
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        <curCd>USD</curCd>
        <valUSD>466890.27000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>LEHIGH CNTY AUTH WTR &amp; SWR REV</name>
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        <cusip>524803BJ1</cusip>
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          <isin value="US524803BJ14"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-01</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WEST VIRGINIA ST HOSP FIN AUTH</name>
        <lei>N/A</lei>
        <title>West Virginia Hospital Finance Authority</title>
        <cusip>956622S62</cusip>
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          <isin value="US956622S624"/>
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        <balance>4200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4666057.62000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>ALABAMA CMNTY CLG SYS BRD OF T</name>
        <lei>N/A</lei>
        <title>Alabama Community College System</title>
        <cusip>01025PHE6</cusip>
        <identifiers>
          <isin value="US01025PHE60"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>174612.84000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey Transportation Trust Fund Authority</title>
        <cusip>6461364J7</cusip>
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          <isin value="US6461364J70"/>
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        <balance>275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>317728.18000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO O'HARE INTERNATIONAL AIRPORT</name>
        <lei>N/A</lei>
        <title>CHICAGO O'HARE INTERNATIONAL AIRPORT</title>
        <cusip>167593XV9</cusip>
        <identifiers>
          <isin value="US167593XV97"/>
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        <balance>365000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>410952.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN YSIDRO CA SCH DIST</name>
        <lei>N/A</lei>
        <title>San Ysidro School District</title>
        <cusip>799561MV4</cusip>
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          <isin value="US799561MV49"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>503355.30000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW ORLEANS LA SEWAGE SVC REVE</name>
        <lei>N/A</lei>
        <title>City of New Orleans LA Sewerage Service Revenue</title>
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          <isin value="US647719PR85"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>411970.37000000</valUSD>
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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>4.00000000</annualizedRt>
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        <lei>N/A</lei>
        <title>City of Cumberland MD</title>
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          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>INDIANA ST BOND BANK REVENUE</name>
        <lei>549300TZMGETS4ELEI93</lei>
        <title>Indiana Bond Bank</title>
        <cusip>454624Y27</cusip>
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          <isin value="US454624Y278"/>
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        <balance>545000.00000000</balance>
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          <maturityDt>2022-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LANCASTER PA HGR EDU AUTH</name>
        <lei>N/A</lei>
        <title>Lancaster Higher Education Authority</title>
        <cusip>514328HK2</cusip>
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          <isin value="US514328HK20"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
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          <maturityDt>2023-10-01</maturityDt>
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        <name>COACHELLA VLY CA UNIF SCH DIST</name>
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        <title>Coachella Valley Unified School District/CA</title>
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          <isin value="US189849HL95"/>
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        <name>NIAGARA FALLS NY CITY SCH DIST</name>
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        <title>Niagara Falls City School District</title>
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        <name>HIDALGO CNTY TX REGL MOBILITY</name>
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          <isin value="US429343BG08"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2045-12-01</maturityDt>
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        <name>MOUNT PLEASANT TX</name>
        <lei>N/A</lei>
        <title>City of Mount Pleasant TX</title>
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          <isin value="US622690NG60"/>
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        <invCountry>US</invCountry>
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        <name>GOLETA CA REDEV AGY SUCCESSOR</name>
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          <isin value="US381587AX22"/>
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        <name>SAN YSIDRO CA SCH DIST</name>
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        <name>CHICAGO IL BRD OF EDU</name>
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        <name>BENZIE CNTY MI CENTRL SCHS</name>
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          <maturityDt>2024-02-15</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
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        <name>TERRE HAUTE IN SANTN DIST</name>
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          <maturityDt>2029-07-01</maturityDt>
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      <invstOrSec>
        <name>FITZGERALD MI PUBLIC SCH DIST</name>
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          <isin value="US338261KQ22"/>
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          <maturityDt>2022-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>SANGAMON CNTY IL SCH DIST #186</name>
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        <name>WSTRN CAROLINA NC UNIV</name>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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        <name>BENZIE CNTY MI CENTRL SCHS</name>
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        <name>MUNCIE IN SANTN DIST REVENUE</name>
        <lei>N/A</lei>
        <title>Muncie Sanitary District</title>
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          <isin value="US625847FB94"/>
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        <curCd>USD</curCd>
        <valUSD>765375.59000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>DE KALB &amp; KANE CNTYS IL CMNTYU</name>
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        <cusip>240361RT4</cusip>
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          <isin value="US240361RT45"/>
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        <curCd>USD</curCd>
        <valUSD>608008.01000000</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>2038-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>WARRIOR RIVER AL WTR AUTH WTRR</name>
        <lei>N/A</lei>
        <title>Warrior River Water Authority</title>
        <cusip>936268JV4</cusip>
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          <isin value="US936268JV48"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1150871.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LIVINGSTON PARISH LA WTRWKS RE</name>
        <lei>N/A</lei>
        <title>Ward Two Water District of Livingston Parish</title>
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          <isin value="US538860DK01"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>580324.10000000</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>2027-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PHENIX CITY AL BRD OF EDU SCHO</name>
        <lei>N/A</lei>
        <title>Phenix City Board of Education</title>
        <cusip>717335CC5</cusip>
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          <isin value="US717335CC58"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1799984.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>CONOTTON VLY OH UN LOCAL SCH D</name>
        <lei>N/A</lei>
        <title>Conotton Valley Union Local School District</title>
        <cusip>208265BB3</cusip>
        <identifiers>
          <isin value="US208265BB39"/>
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        <balance>315000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>347763.24000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LAZY NINE TX MUNI UTILITY DIST</name>
        <lei>N/A</lei>
        <title>Lazy Nine Municipal Utility District No 1B</title>
        <cusip>52109HJS3</cusip>
        <identifiers>
          <isin value="US52109HJS31"/>
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        <balance>180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>186177.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GTR JOHNSTOWN PA SCH DIST</name>
        <lei>N/A</lei>
        <title>Greater Johnstown School District/PA</title>
        <cusip>392023LR6</cusip>
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          <isin value="US392023LR67"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>177996.86000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SHREVEPORT LA WTR &amp; SWR REVENU</name>
        <lei>N/A</lei>
        <title>City of Shreveport LA Water &amp; Sewer Revenue</title>
        <cusip>825485WN1</cusip>
        <identifiers>
          <isin value="US825485WN19"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>160715.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DIXON CA UNIF SCH DIST</name>
        <lei>N/A</lei>
        <title>Dixon Unified School District</title>
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          <isin value="US255651KR17"/>
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        <balance>570000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>723609.81000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST HGR EDUCTNL FA</name>
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        <title>Pennsylvania Higher Educational Facilities Authority</title>
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          <isin value="US70917RKC87"/>
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        <balance>185000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
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          <annualizedRt>0.73500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>YONKERS NY</name>
        <lei>N/A</lei>
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        <balance>280000.00000000</balance>
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          <maturityDt>2023-02-15</maturityDt>
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        <name>YONKERS NY</name>
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        <name>COATESVILLE PA AREA SCH DIST</name>
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          <isin value="US190684PL83"/>
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      <invstOrSec>
        <name>JEFFERSON DAVIS PARISH LA WTR</name>
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        <name>CHICAGO IL BRD OF EDU</name>
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        <debtSec>
          <maturityDt>2025-12-01</maturityDt>
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        <name>CATASAUQUA PA AREA SCH DIST</name>
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        <invCountry>US</invCountry>
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        <name>LOUISIANA ST CITIZENS PROPERTY</name>
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        <balance>100000.00000000</balance>
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          <maturityDt>2021-06-01</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>
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      </invstOrSec>
      <invstOrSec>
        <name>DELAWARE CNTY PA REGL WTR QUAL</name>
        <lei>N/A</lei>
        <title>Delaware County Regional Water Quality Control Authority</title>
        <cusip>246045LH9</cusip>
        <identifiers>
          <isin value="US246045LH95"/>
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        <balance>205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>215377.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-05-01</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>FORT BEND TX MUNI UTILITY DIST</name>
        <lei>N/A</lei>
        <title>Fort Bend County Municipal Utility District No 169</title>
        <cusip>34682HUH7</cusip>
        <identifiers>
          <isin value="US34682HUH73"/>
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        <balance>420000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>459518.51000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</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>NEW JERSEY ST</name>
        <lei>N/A</lei>
        <title>State of New Jersey</title>
        <cusip>646039YN1</cusip>
        <identifiers>
          <isin value="US646039YN18"/>
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        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>911619.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</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>SIOUX CENTER IA CMNTY SCH DIST</name>
        <lei>N/A</lei>
        <title>Sioux Center Community School District</title>
        <cusip>829438HD5</cusip>
        <identifiers>
          <isin value="US829438HD51"/>
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        <balance>290000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>329739.83000000</valUSD>
        <pctVal>0.074200198140</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BOZEMAN MT TAX INCR URBAN RENE</name>
        <lei>N/A</lei>
        <title>City of Bozeman MT</title>
        <cusip>103707BB0</cusip>
        <identifiers>
          <isin value="US103707BB04"/>
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        <balance>90000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>90200.16000000</valUSD>
        <pctVal>0.020297425835</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>INDIANAPOLIS IN LOCAL PUBLIC I</name>
        <lei>549300LX8ESJHDSESB87</lei>
        <title>Indianapolis Local Public Improvement Bond Bank</title>
        <cusip>455280M20</cusip>
        <identifiers>
          <isin value="US455280M208"/>
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        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>292905.90000000</valUSD>
        <pctVal>0.065911587983</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GREATER OUACHITA WTR CO INC LA</name>
        <lei>N/A</lei>
        <title>Greater Ouachita Water Co</title>
        <cusip>392276AS0</cusip>
        <identifiers>
          <isin value="US392276AS06"/>
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        <balance>775000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>904160.80000000</valUSD>
        <pctVal>0.203460135559</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EAST ORANGE NJ</name>
        <lei>N/A</lei>
        <title>City of East Orange NJ</title>
        <cusip>274137R42</cusip>
        <identifiers>
          <isin value="US274137R422"/>
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        <balance>665000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>723620.61000000</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>2023-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>RIVERBANK CA UNIF SCH DIST</name>
        <lei>N/A</lei>
        <title>Riverbank Unified School District</title>
        <cusip>768569CS2</cusip>
        <identifiers>
          <isin value="US768569CS27"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>22764.40000000</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>2048-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KANKAKEE IL</name>
        <lei>549300Z3ZVLSXELVAS52</lei>
        <title>City of Kankakee IL</title>
        <cusip>484404YX0</cusip>
        <identifiers>
          <isin value="US484404YX01"/>
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        <balance>715000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>791704.99000000</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>2035-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MET TRANSPRTN AUTH NY REVENUE</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>Metropolitan Transportation Authority</title>
        <cusip>59261AE37</cusip>
        <identifiers>
          <isin value="US59261AE372"/>
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        <balance>595000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>670685.67000000</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>2052-11-15</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>RIVER ISLANDS PUB FING AUTH CA</name>
        <lei>N/A</lei>
        <title>River Islands Public Financing Authority</title>
        <cusip>76827WAN0</cusip>
        <identifiers>
          <isin value="US76827WAN02"/>
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        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1751426.55000000</valUSD>
        <pctVal>0.394117377445</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OYSTER BAY NY</name>
        <lei>N/A</lei>
        <title>Town of Oyster Bay NY</title>
        <cusip>692160SS4</cusip>
        <identifiers>
          <isin value="US692160SS40"/>
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        <balance>835000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1006992.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N TX TOLLWAY AUTH REVENUE</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority</title>
        <cusip>66285WBU9</cusip>
        <identifiers>
          <isin value="US66285WBU99"/>
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        <balance>1460000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1316203.87000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</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>UNION TWP NJ BRD OF EDU</name>
        <lei>N/A</lei>
        <title>Union Township Board of Education/Union County</title>
        <cusip>908713GZ7</cusip>
        <identifiers>
          <isin value="US908713GZ70"/>
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        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>434938.04000000</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>2031-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEWARK NJ</name>
        <lei>5493008RBPM01QHRYX34</lei>
        <title>City of Newark NJ</title>
        <cusip>650367PQ2</cusip>
        <identifiers>
          <isin value="US650367PQ28"/>
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        <balance>750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>940745.40000000</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>2028-10-01</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>
      <invstOrSec>
        <name>RACINE WI WTRWKS REVENUE</name>
        <lei>N/A</lei>
        <title>City of Racine WI Waterworks System Revenue</title>
        <cusip>750055MV4</cusip>
        <identifiers>
          <isin value="US750055MV45"/>
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        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>352441.47000000</valUSD>
        <pctVal>0.079308668616</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CONNECTICUT ST HLTH &amp; EDUCTNL</name>
        <lei>549300ZOQJ5U8YBS5Q35</lei>
        <title>Connecticut State Health &amp; Educational Facilities Authority</title>
        <cusip>20774YHR1</cusip>
        <identifiers>
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        <name>EL CERRITO CA SALES TAX REVENU</name>
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        <name>GRAND RIVER CO HOSP DIST</name>
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        <name>DUARTE CA UNIF SCH DIST</name>
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        <name>CALEXICO CA UNIF SCH DIST</name>
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        <name>MACON CNTY IL SCH DIST #61</name>
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        <name>NATOMAS CA UNIF SCH DIST</name>
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        <name>LA JOYA TX INDEP SCH DIST</name>
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      <invstOrSec>
        <name>SAN MATEO CNTY CA CMNTY CLG DI</name>
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      <invstOrSec>
        <name>NEW BRITAIN CT</name>
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          <maturityDt>2030-09-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>BROOME CNTY NY LOCAL DEV CORP</name>
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        <name>HARTFORD CT</name>
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        <name>MARYLAND ST TRANSPRTN AUTH PAS</name>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <name>S W HOUSTON TX REDEV AUTH TAX</name>
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        <name>DE KALB &amp; KANE CNTYS IL CMNTYU</name>
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        <name>LAS VIRGENES CA UNIF SCH DIST</name>
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        <name>POUDRE CO TECH MET DIST UNLTD</name>
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        <name>LOS ANGELES CNTY CA SCHS POOLE</name>
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        <name>BASS LAKE CA JT UNION ELEM SCH</name>
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        <name>ILLINOIS ST SALES TAX REVENUE</name>
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      <invstOrSec>
        <name>RENO NV CAPITAL IMPT REVENUE</name>
        <lei>549300M4R5WWSUWY8D52</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <isin value="US64990G4F69"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <maturityDt>2036-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CLARK CNTY NV SCH DIST</name>
        <lei>N/A</lei>
        <title>Clark County School District</title>
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          <isin value="US181059P671"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KANSAS CITY MO INDL DEV AUTH A</name>
        <lei>549300QWDXL46XQC8110</lei>
        <title>Kansas City Industrial Development Authority</title>
        <cusip>48504NCH0</cusip>
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          <isin value="US48504NCH08"/>
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        <balance>980000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1130313.97000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GETTYSBURG PA MUNI AUTH SWR RE</name>
        <lei>N/A</lei>
        <title>Gettysburg Municipal Authority</title>
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        <identifiers>
          <isin value="US374316GS00"/>
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        <balance>1135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1388078.10000000</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>2031-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST SALES TAX REVENUE</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
        <cusip>452226P80</cusip>
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          <isin value="US452226P801"/>
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        <balance>180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>199256.04000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BIBB CNTY AL BRD EDU SPL TAX S</name>
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        <title>Bibb County Board of Education</title>
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          <isin value="US08867MBD74"/>
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        <balance>460000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>547641.68000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARIZONA INDL DEV AUTH STUDENT</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority</title>
        <cusip>04052VAJ9</cusip>
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          <isin value="US04052VAJ98"/>
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        <balance>350000.00000000</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>2033-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RHODE ISLAND ST HLTH &amp; EDUCTNL</name>
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        <title>Rhode Island Health and Educational Building Corp</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MISSION TX</name>
        <lei>N/A</lei>
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        <balance>1195000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>FOND DU LAC WI SCH DIST</name>
        <lei>N/A</lei>
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        <name>HERONS GLEN FL RECREATION DIST</name>
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        <name>WILL CNTY IL CMNTY UNIT SCH DI</name>
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        <name>SHREVEPORT LA WTR &amp; SWR REVENU</name>
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        <name>N SUMTER CNTY FL UTILITY DEPEN</name>
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        <name>CHICAGO IL BRD OF EDU</name>
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        <title>Chicago Board of Education</title>
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          <maturityDt>2026-12-01</maturityDt>
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        <name>SACRAMENTO CITY CA UNIF SCH DI</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MET TRANSPRTN AUTH NY REVENUE</name>
        <lei>5493000TKYODLXADQD60</lei>
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        <curCd>USD</curCd>
        <valUSD>1170169.80000000</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>2024-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MISSION TX</name>
        <lei>N/A</lei>
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          <isin value="US605128UJ40"/>
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        <curCd>USD</curCd>
        <valUSD>207322.24000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2022-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PITTSBURGH PA WTR &amp; SWR AUTH</name>
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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>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>PHILADELPHIA PA SCH DIST</name>
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          <isin value="US717883TR33"/>
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        <curCd>USD</curCd>
        <valUSD>884089.14000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
        <lei>254900I3VDCQ58UGBR15</lei>
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          <isin value="US592248BC11"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>249620.05000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-06-15</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KELSEYVILLE CA UNIF SCH DIST</name>
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        <title>Kelseyville Unified School District</title>
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          <isin value="US488224DN31"/>
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        <curCd>USD</curCd>
        <valUSD>119904.75000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO IL PARK DIST</name>
        <lei>549300DNSTZGBZLIU409</lei>
        <title>Chicago Park District</title>
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          <isin value="US167615B934"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>578272.10000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CATASAUQUA PA AREA SCH DIST</name>
        <lei>N/A</lei>
        <title>Catasauqua Area School District</title>
        <cusip>149045SJ6</cusip>
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          <isin value="US149045SJ68"/>
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        <balance>245000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>278858.78000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TAYLOR MI</name>
        <lei>N/A</lei>
        <title>City of Taylor MI</title>
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          <isin value="US877223PN16"/>
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        <balance>710000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>862982.92000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>NEW HAVEN CT</name>
        <lei>549300U4OHEAZ124LQ06</lei>
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          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>COOK CNTY IL SCH DIST #94</name>
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        <title>Cook County School District No 94</title>
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          <maturityDt>2040-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>CLOVERDALE CA UNIF SCH DIST</name>
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          <maturityDt>2050-08-01</maturityDt>
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        <name>BENZIE CNTY MI CENTRL SCHS</name>
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          <maturityDt>2027-07-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>MACON CNTY IL SCH DIST #61</name>
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        <title>Macon County School District No 61 Decatur</title>
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          <maturityDt>2040-12-01</maturityDt>
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        <name>GARDEN ST PRESERVATION TRUST N</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>YONKERS NY</name>
        <lei>N/A</lei>
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          <isin value="US986082F911"/>
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        <balance>825000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>993227.15000000</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>2026-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Fidelity Treasury Only Portfolio</name>
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        <name>CATASAUQUA PA AREA SCH DIST</name>
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        <name>OYSTER BAY NY</name>
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        <name>HAYWARD CA UNIF SCH DIST</name>
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        <name>MACON CNTY IL SCH DIST #61</name>
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        <name>NEW YORK ST DORM AUTH ST PERSO</name>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BOZEMAN MT TAX INCR URBAN RENE</name>
        <lei>N/A</lei>
        <title>City of Bozeman MT</title>
        <cusip>103707BH7</cusip>
        <identifiers>
          <isin value="US103707BH73"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>116969.04000000</valUSD>
        <pctVal>0.026321133071</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MACON CNTY IL SCH DIST #61</name>
        <lei>N/A</lei>
        <title>Macon County School District No 61 Decatur</title>
        <cusip>555597HZ9</cusip>
        <identifiers>
          <isin value="US555597HZ95"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>228681.44000000</valUSD>
        <pctVal>0.051459382868</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>City of New York NY</title>
        <cusip>64966QRD4</cusip>
        <identifiers>
          <isin value="US64966QRD42"/>
        </identifiers>
        <balance>1030000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1294367.22000000</valUSD>
        <pctVal>0.291266918499</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-10-01</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>UNIV OF WEST ALABAMA AL UNIV R</name>
        <lei>N/A</lei>
        <title>University of West Alabama</title>
        <cusip>915235EQ4</cusip>
        <identifiers>
          <isin value="US915235EQ44"/>
        </identifiers>
        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>400586.17000000</valUSD>
        <pctVal>0.090142501700</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARLINGTON TX SPL TAX REVENUE</name>
        <lei>N/A</lei>
        <title>City of Arlington TX Special Tax Revenue</title>
        <cusip>04184RBQ2</cusip>
        <identifiers>
          <isin value="US04184RBQ20"/>
        </identifiers>
        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>861980.70000000</valUSD>
        <pctVal>0.193968495505</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-02-15</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>TAYLOR MI</name>
        <lei>N/A</lei>
        <title>City of Taylor MI</title>
        <cusip>877223PL5</cusip>
        <identifiers>
          <isin value="US877223PL59"/>
        </identifiers>
        <balance>490000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>578523.50000000</valUSD>
        <pctVal>0.130183115364</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WAYNE CNTY MI ARPT AUTH REVENU</name>
        <lei>N/A</lei>
        <title>Wayne County Airport Authority</title>
        <cusip>944514PZ5</cusip>
        <identifiers>
          <isin value="US944514PZ59"/>
        </identifiers>
        <balance>110000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>117555.60000000</valUSD>
        <pctVal>0.026453124612</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-01</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>NEW ORLEANS LA SEWAGE SVC REVE</name>
        <lei>N/A</lei>
        <title>City of New Orleans LA Sewerage Service Revenue</title>
        <cusip>647719PP2</cusip>
        <identifiers>
          <isin value="US647719PP20"/>
        </identifiers>
        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>473689.52000000</valUSD>
        <pctVal>0.106592692308</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO IL PARK DIST</name>
        <lei>549300DNSTZGBZLIU409</lei>
        <title>Chicago Park District</title>
        <cusip>167615C92</cusip>
        <identifiers>
          <isin value="US167615C924"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1181760.10000000</valUSD>
        <pctVal>0.265927332996</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RUSSELLVILLE AL</name>
        <lei>N/A</lei>
        <title>City of Russellville AL</title>
        <cusip>782735MN1</cusip>
        <identifiers>
          <isin value="US782735MN12"/>
        </identifiers>
        <balance>390000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>477760.73000000</valUSD>
        <pctVal>0.107508822424</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CAMDEN SC PUBLIC UTILITY REVEN</name>
        <lei>N/A</lei>
        <title>City of Camden SC Combined Public Utility System Revenue</title>
        <cusip>133159GF4</cusip>
        <identifiers>
          <isin value="US133159GF47"/>
        </identifiers>
        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>619552.02000000</valUSD>
        <pctVal>0.139415619406</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</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>ABAG CA FIN AUTH FOR NONPROFIT</name>
        <lei>549300EWVCCTI6O2KU84</lei>
        <title>Abag Finance Authority for Nonprofit Corps</title>
        <cusip>00037CWV8</cusip>
        <identifiers>
          <isin value="US00037CWV89"/>
        </identifiers>
        <balance>750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>939173.93000000</valUSD>
        <pctVal>0.211339017474</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
        <cusip>64990G4G4</cusip>
        <identifiers>
          <isin value="US64990G4G43"/>
        </identifiers>
        <balance>450000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>508039.74000000</valUSD>
        <pctVal>0.114322401911</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ILLINOIS ST SALES TAX REVENUE</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
        <cusip>452226P98</cusip>
        <identifiers>
          <isin value="US452226P983"/>
        </identifiers>
        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>405271.83000000</valUSD>
        <pctVal>0.091196899345</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </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>2021-06-22</ncom:dateSigned>
      <ncom:nameOfApplicant>IndexIQ 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>
