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        <name>RACINE WI UNIF SCH DIST</name>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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        <name>ROSEVILLE CA NATURAL GAS FIN A</name>
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      <invstOrSec>
        <name>LOUISVILLE &amp; JEFFERSON CNTY KY</name>
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        <name>JOLIET IL</name>
        <lei>N/A</lei>
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          <maturityDt>2038-12-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>NORFOLK VA ARPT AUTH REVENUE</name>
        <lei>N/A</lei>
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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>2028-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>KANSAS CITY MO SPL OBLG</name>
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          <isin value="US485106YN27"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>MUNI ELEC AUTH OF GEORGIA</name>
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        <title>Municipal Electric Authority of Georgia</title>
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        <curCd>USD</curCd>
        <valUSD>1080624.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>JEFFERSON CNTY CO SCH DIST #R-</name>
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        <title>Jefferson County School District R-1</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>ILLINOIS ST SALES TAX REVENUE</name>
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        <title>State of Illinois Sales Tax Revenue</title>
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          <isin value="US452227RC72"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>620440.02000000</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>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>ATLANTA GA WTR &amp; WSTWTR REVENU</name>
        <lei>N/A</lei>
        <title>City of Atlanta GA Water &amp; Wastewater Revenue</title>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>520148.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>GRAND RIVER CO HOSP DIST</name>
        <lei>N/A</lei>
        <title>Grand River Hospital District</title>
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          <isin value="US386448EQ33"/>
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        <balance>425000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>453591.28000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>CHICAGO IL</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
        <title>City of Chicago IL</title>
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          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>BURLINGTON VT ARPT REVENUE</name>
        <lei>N/A</lei>
        <title>City of Burlington VT Airport Revenue</title>
        <cusip>122064DS4</cusip>
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          <isin value="US122064DS42"/>
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        <balance>605000.00000000</balance>
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          <maturityDt>2026-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>COLORADO EDUCTNL &amp; CULTURAL AU</name>
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          <maturityDt>2036-12-15</maturityDt>
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        <name>KANSAS CITY MO SPL OBLG</name>
        <lei>549300EGAE3I3XU7XE19</lei>
        <title>City of Kansas City MO</title>
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        <name>UPPER ARLINGTON OH</name>
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        <name>NEW JERSEY ST TURNPIKE AUTH TU</name>
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        <title>New Jersey Turnpike Authority</title>
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        <name>YOUNGSVILLE LA SALES TAX</name>
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        <balance>300000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2034-05-01</maturityDt>
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        <name>ENERGY N W WA ELEC REVENUE</name>
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        <name>KELSEYVILLE CA UNIF SCH DIST</name>
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          <maturityDt>2040-01-01</maturityDt>
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        <name>INDEPENDENT CITIES FIN AUTH CA</name>
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        <name>NORTH SPRINGS FL IMPT DIST</name>
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        <name>CLIFTON TX HGR EDU FIN CORP ED</name>
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          <isin value="US130493CB38"/>
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        <name>MACON &amp; DE WITT CNTYS IL CMNTY</name>
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        <name>TENNESSEE ST ENERGY ACQUISITIO</name>
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        <name>AKRON BATH COPLEY JT TWP OH HO</name>
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        <name>CAMDEN NY CENTRL SCH DIST</name>
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        <name>FRESNO CA UNIF SCH DIST</name>
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        <name>WYANDOTTE CNTY KS UNIF SCH DIS</name>
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        <name>BALTIC SD SCH DIST #49-1</name>
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          <maturityDt>2031-04-15</maturityDt>
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        <name>WHEELING WV WTRWKS &amp; SWR SYS R</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>CICERO IL</name>
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          <isin value="US171646SD53"/>
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        <curCd>USD</curCd>
        <valUSD>489369.33000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>FORT PIERCE FL UTILITIES AUTH</name>
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          <isin value="US348430PQ63"/>
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        <curCd>USD</curCd>
        <valUSD>537627.61000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>FRANKLIN PARK IL</name>
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          <isin value="US354496LM11"/>
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        <curCd>USD</curCd>
        <valUSD>381977.93000000</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>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PUBLIC FIN AUTH WI RETMNT FAC</name>
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          <isin value="US74444VBM19"/>
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        <balance>390000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>371535.37000000</valUSD>
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          <maturityDt>2031-10-01</maturityDt>
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        <name>DIST OF COLUMBIA HSG FIN AGY M</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-09-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALLEN TX INDEP SCH DIST</name>
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        <title>Allen Independent School District</title>
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          <isin value="US018106KF06"/>
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        <balance>2515000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2685432.24000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>SOUTH CAROLINA ST PUBLIC SVC A</name>
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        <cusip>837151T25</cusip>
        <identifiers>
          <isin value="US837151T254"/>
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        <curCd>USD</curCd>
        <valUSD>2275351.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>BLOOMINGTON IN WTRWKS REVENUE</name>
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          <isin value="US094743PD78"/>
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        <balance>1525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1698026.04000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CALIFORNIA ST MUNI FIN AUTH CO</name>
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        <title>California Municipal Finance Authority</title>
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          <isin value="US130493CG25"/>
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        <balance>1175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1338197.87000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>MACON &amp; DE WITT CNTYS IL CMNTY</name>
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          <isin value="US555483EV40"/>
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          <maturityDt>2031-12-01</maturityDt>
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        <name>PENNSYLVANIA ST ECON DEV FING</name>
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          <isin value="US70870FAR73"/>
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          <maturityDt>2029-01-01</maturityDt>
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          <isin value="US79574CED11"/>
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        <name>UTAH ST INFRASTRUCTURE AGY TEL</name>
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          <isin value="US917471AT10"/>
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        <name>CAMERON PARISH LA SCH DIST #15</name>
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        <name>NEW YORK ST THRUWAY AUTH PERSO</name>
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        <name>HARRIS CNTY TX FLOOD CONTROL D</name>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SANGAMON &amp; MORGAN CNTYS IL CMN</name>
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        <cusip>800803DQ8</cusip>
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          <isin value="US800803DQ82"/>
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        <curCd>USD</curCd>
        <valUSD>406565.92000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      </invstOrSec>
      <invstOrSec>
        <name>YOUNGSVILLE LA SALES TAX</name>
        <lei>N/A</lei>
        <title>City of Youngsville LA Sales Tax Revenue</title>
        <cusip>987733CC4</cusip>
        <identifiers>
          <isin value="US987733CC48"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>274934.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-01</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>CLIFTON TX HGR EDU FIN CORP ED</name>
        <lei>N/A</lei>
        <title>Clifton Higher Education Finance Corp</title>
        <cusip>187145MD6</cusip>
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          <isin value="US187145MD69"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>244365.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FRANKLIN PARK IL</name>
        <lei>N/A</lei>
        <title>Village of Franklin Park IL</title>
        <cusip>354496LP4</cusip>
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          <isin value="US354496LP42"/>
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        <balance>375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>408032.81000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VINEYARD REDEV AGY UT TAX INCR</name>
        <lei>N/A</lei>
        <title>Vineyard Redevelopment Agency</title>
        <cusip>92743FBV6</cusip>
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          <isin value="US92743FBV67"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>163770.45000000</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>2033-05-01</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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JOHNSON CNTY KS UNIF SCH DIST#</name>
        <lei>N/A</lei>
        <title>Johnson County Unified School District No 233 Olathe</title>
        <cusip>4787182D0</cusip>
        <identifiers>
          <isin value="US4787182D01"/>
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        <balance>1700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1805350.87000000</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>2036-09-01</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>ARLINGTON TX HGR EDU FIN CORP</name>
        <lei>N/A</lei>
        <title>Arlington Higher Education Finance Corp</title>
        <cusip>041807BB3</cusip>
        <identifiers>
          <isin value="US041807BB39"/>
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        <balance>2200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2629551.98000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>PMA LEVY &amp; AID ANTIC NTS PROGR</name>
        <lei>N/A</lei>
        <title>PMA Levy &amp; Aid Anticipation Notes Program</title>
        <cusip>730146CR6</cusip>
        <identifiers>
          <isin value="US730146CR61"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1001095.10000000</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>2023-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PUERTO RICO INDL TOURIST EDUCT</name>
        <lei>N/A</lei>
        <title>Puerto Rico Industrial Tourist Educational Medical &amp; Envirml Ctl Facs Fing Auth</title>
        <cusip>74527EFK9</cusip>
        <identifiers>
          <isin value="US74527EFK91"/>
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        <balance>425000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>472469.57000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>MET GOVT NASHVILLE &amp; DAVIDSON</name>
        <lei>N/A</lei>
        <title>Metropolitan Government Nashville &amp; Davidson County Health &amp; Educational Facs Bd</title>
        <cusip>592113BY9</cusip>
        <identifiers>
          <isin value="US592113BY90"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3050593.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-01</maturityDt>
          <couponKind>Variable</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>
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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>01025PMD2</cusip>
        <identifiers>
          <isin value="US01025PMD23"/>
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        <balance>410000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>444132.42000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CONNECTICUT ST HLTH &amp; EDUCTNL</name>
        <lei>549300ZOQJ5U8YBS5Q35</lei>
        <title>Connecticut State Health &amp; Educational Facilities Authority</title>
        <cusip>20774YXC6</cusip>
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          <isin value="US20774YXC64"/>
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        <balance>1590000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1670588.04000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CONROE TX LOCAL GOVT CORP HOTE</name>
        <lei>N/A</lei>
        <title>Conroe Local Government Corp</title>
        <cusip>20841CAD6</cusip>
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          <isin value="US20841CAD65"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>146879.23000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>MACON &amp; DE WITT CNTYS IL CMNTY</name>
        <lei>N/A</lei>
        <title>Macon &amp; De Witt Counties Community Unit School District No 2 Maroa-Forsyth</title>
        <cusip>555483EW2</cusip>
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          <isin value="US555483EW23"/>
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        <balance>550000.00000000</balance>
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        <valUSD>600761.26000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-12-01</maturityDt>
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          <annualizedRt>4.00000000</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>
        <cusip>167615D75</cusip>
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          <isin value="US167615D757"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>254590.50000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GREAT LAKES MI WTR AUTH WTR SP</name>
        <lei>N/A</lei>
        <title>Great Lakes Water Authority Water Supply System Revenue</title>
        <cusip>39081JBG2</cusip>
        <identifiers>
          <isin value="US39081JBG22"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1057470.90000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WRIGHT CITY MO SCH DIST #R-2</name>
        <lei>N/A</lei>
        <title>Wright City R-II School District</title>
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          <isin value="US982260HR55"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>643789.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WISCONSIN ST HSG &amp; ECON DEV AU</name>
        <lei>N/A</lei>
        <title>Wisconsin Housing &amp; Economic Development Authority Housing Revenue</title>
        <cusip>976904Y30</cusip>
        <identifiers>
          <isin value="US976904Y307"/>
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          <maturityDt>2034-08-15</maturityDt>
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          <maturityDt>2031-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW JERSEY ST EDUCTNL FACS AUT</name>
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        <name>NEW YORK CITY NY TRANSITIONAL</name>
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        <name>PROVIDENCE RI PUBLIC BLDGS AUT</name>
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        <name>SOUTH JERSEY NJ PORT CORP</name>
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        <name>CLARK CNTY NV SCH DIST</name>
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        <name>MONTEREY PENINSULA CA CMNTY CL</name>
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          <isin value="US612574EK59"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>PUBLIC FIN AUTH WI RETMNT FAC</name>
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          <isin value="US74444VBL36"/>
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        <name>ALABAMA CMNTY CLG SYS BRD OF T</name>
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        <name>TEMPLE TX TAX INCR</name>
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        <name>PENNSYLVANIA ST HSG FIN AGY SF</name>
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        <title>Pennsylvania Housing Finance Agency</title>
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        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
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        <name>ALVIN TX WTRWKS &amp; SWR REVENUE</name>
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      <invstOrSec>
        <name>ESSEX CNTY NJ IMPT AUTH CHRT S</name>
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          <maturityDt>2028-07-15</maturityDt>
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      <invstOrSec>
        <name>NEW JERSEY ST EDUCTNL FACS AUT</name>
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          <isin value="US6460666Q86"/>
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      <invstOrSec>
        <name>LONG BEACH CA ARPT REVENUE</name>
        <lei>N/A</lei>
        <title>City of Long Beach CA Airport System Revenue</title>
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          <isin value="US542403DC15"/>
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        <valUSD>174725.34000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALABAMA ST HSG FIN AUTH MF REV</name>
        <lei>549300VFN7EHPOFS7D76</lei>
        <title>Alabama Housing Finance Authority</title>
        <cusip>01030TAQ1</cusip>
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          <isin value="US01030TAQ13"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>518839.10000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LAWRENCE CNTY SD COPS</name>
        <lei>N/A</lei>
        <title>County of Lawrence SD</title>
        <cusip>519842CC0</cusip>
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          <isin value="US519842CC05"/>
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        <curCd>USD</curCd>
        <valUSD>722007.07000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DODGE CITY KS</name>
        <lei>N/A</lei>
        <title>City of Dodge City KS</title>
        <cusip>256309E84</cusip>
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          <isin value="US256309E849"/>
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        <balance>420000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>494102.87000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>MISSOURI ST HLTH &amp; EDUCTNL FAC</name>
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        <title>Health &amp; Educational Facilities Authority of the State of Missouri</title>
        <cusip>60637ATW2</cusip>
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          <isin value="US60637ATW26"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>147379.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BLOOMINGTON IN WTRWKS REVENUE</name>
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        <title>City of Bloomington IN Waterworks Revenue</title>
        <cusip>094743PC9</cusip>
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          <isin value="US094743PC95"/>
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        <balance>2690000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3007602.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MET TRANSPRTN AUTH NY REVENUE</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>Metropolitan Transportation Authority</title>
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          <isin value="US59259RWQ37"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>517625.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>CONNECTICUT ST HLTH &amp; EDUCTNL</name>
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        <title>Connecticut State Health &amp; Educational Facilities Authority</title>
        <cusip>20775DTS1</cusip>
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          <isin value="US20775DTS17"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2000000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.40000000</annualizedRt>
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        <name>LANCASTER CNTY PA HOSP AUTH</name>
        <lei>N/A</lei>
        <title>Lancaster County Hospital Authority/PA</title>
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          <isin value="US514045V916"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>HOUSTON TX HGR EDU FIN CORP UN</name>
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        <title>Houston Higher Education Finance Corp</title>
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          <isin value="US44237QAC96"/>
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        <balance>230000.00000000</balance>
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        <valUSD>223924.23000000</valUSD>
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          <maturityDt>2023-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PHOENIX AZ CIVIC IMPT CORP ARP</name>
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        <title>City of Phoenix Civic Improvement Corp</title>
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          <isin value="US71883MLA08"/>
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        <invCountry>US</invCountry>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>WRIGHT CITY MO SCH DIST #R-2</name>
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        <title>Wright City R-II School District</title>
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          <isin value="US982260HP99"/>
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        <valUSD>43837.22000000</valUSD>
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        <name>JESUP IA CMNTY SCH DIST</name>
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        <title>Jesup Community School District</title>
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          <isin value="US477070BL90"/>
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        <name>CONNECTICUT ST HLTH &amp; EDUCTNL</name>
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          <isin value="US20774YZ755"/>
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        <name>PRIV CLGS &amp; UNIVS AUTH GA</name>
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          <isin value="US74265LZ509"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2039-04-01</maturityDt>
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      <invstOrSec>
        <name>NEW YORK ST LIBERTY DEV CORP L</name>
        <lei>N/A</lei>
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          <isin value="US649519ED33"/>
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        <valUSD>880476.25000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
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      <invstOrSec>
        <name>JESUP IA CMNTY SCH DIST</name>
        <lei>N/A</lei>
        <title>Jesup Community School District</title>
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          <isin value="US477070BJ45"/>
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        <valUSD>464791.05000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>MARYLAND ST CMNTY DEV ADMIN DE</name>
        <lei>N/A</lei>
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          <isin value="US57419TWC16"/>
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        <valUSD>1051214.30000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>MASSACHUSETTS ST HSG FIN AGY H</name>
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        <title>Massachusetts Housing Finance Agency</title>
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          <isin value="US57587GKM68"/>
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        <balance>540000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>499201.06000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.80000000</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>
        <cusip>64578EMH7</cusip>
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          <isin value="US64578EMH70"/>
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        <balance>1000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INDIANA CNTY PA INDL DEV AUTH</name>
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        <title>Indiana County Industrial Development Authority</title>
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          <isin value="US45469NDV73"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>S WSTRN IL DEV AUTH REV</name>
        <lei>549300B1KLLJ8NU5XK71</lei>
        <title>Southwestern Illinois Development Authority</title>
        <cusip>84552YPK1</cusip>
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          <isin value="US84552YPK19"/>
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        <balance>165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>168680.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BIRMINGHAM AL ARPT AUTH ARPT R</name>
        <lei>N/A</lei>
        <title>Birmingham Airport Authority</title>
        <cusip>090888GR3</cusip>
        <identifiers>
          <isin value="US090888GR35"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>694222.92000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DODGE CITY KS</name>
        <lei>N/A</lei>
        <title>City of Dodge City KS</title>
        <cusip>256309E50</cusip>
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          <isin value="US256309E500"/>
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        <balance>365000.00000000</balance>
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        <valUSD>415169.91000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW BRITAIN CT</name>
        <lei>549300MERJSUOPGAV271</lei>
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        <name>GREATER CLARK IN BLDG CORP</name>
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        <name>NEW YORK CITY NY HSG DEV CORP</name>
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          <isin value="US452152RG85"/>
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        <name>WALTON CNTY GA WTR &amp; SWR AUTH</name>
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          <isin value="US93342PFH47"/>
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        <name>ARIZONA ST INDL DEV AUTH NATIO</name>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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        <invCountry>US</invCountry>
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        <name>WRIGHT CITY MO SCH DIST #R-2</name>
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        <name>LAREDO TX INDEP SCH DIST</name>
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        <name>GUADALUPE-BLANCO TX RIVER AUTH</name>
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          <isin value="US400525AT88"/>
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          <maturityDt>2042-08-15</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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        <name>RICHMOND MI CMNTY SCHS</name>
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          <maturityDt>2036-05-01</maturityDt>
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        <name>WILL CNTY IL SCH DIST #114 MAN</name>
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        <name>INTERMOUNTAIN PWR AGY UT PWR S</name>
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          <isin value="US45884AA376"/>
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        <name>GENESEE CNTY MI</name>
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          <isin value="US371608WB28"/>
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          <maturityDt>2030-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>ATLANTA GA WTR &amp; WSTWTR REVENU</name>
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          <isin value="US047870PA25"/>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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        <name>NEW HAMPSHIRE ST BUSINESS FIN</name>
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          <isin value="US84136FBL04"/>
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          <maturityDt>2026-12-15</maturityDt>
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        <name>WILL CNTY IL SCH DIST #114 MAN</name>
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        <name>MICHIGAN ST BLDG AUTH REVENUE</name>
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        <name>RIVERSIDE CNTY CA CMNTY FACS D</name>
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        <name>NORTH SPRINGS FL IMPT DIST</name>
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        <curCd>USD</curCd>
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        <name>IOWA ST HGR EDU LOAN AUTH REVE</name>
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          <isin value="US46247DAA54"/>
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          <isin value="US837151RP61"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>WALTON CNTY GA WTR &amp; SWR AUTH</name>
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          <isin value="US93342PFF80"/>
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        <curCd>USD</curCd>
        <valUSD>506687.76000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-02-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>BENICIA CA UNIF SCH DIST</name>
        <lei>N/A</lei>
        <title>Benicia Unified School District</title>
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          <isin value="US082023LQ32"/>
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        <curCd>USD</curCd>
        <valUSD>295959.63000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-08-01</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SEATTLE WA HSG AUTH</name>
        <lei>5493003LM6XXXMFX5M88</lei>
        <title>Seattle Housing Authority</title>
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          <isin value="US812636ML92"/>
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        <balance>270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>249703.91000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>POMPANO BEACH FL REVENUE</name>
        <lei>N/A</lei>
        <title>City of Pompano Beach FL</title>
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        <identifiers>
          <isin value="US732203BL72"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>221338.98000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.45000000</annualizedRt>
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        <name>INDIANA FIN AUTH IN WSTWTR UTI</name>
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        <title>Indiana Finance Authority</title>
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          <isin value="US45505MFD39"/>
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        <balance>1000000.00000000</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>2041-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>OHIO ST HOSP REVENUE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NORTH CAROLINA ST MED CARE COM</name>
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        <title>North Carolina Medical Care Commission</title>
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          <maturityDt>2041-09-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ARIZONA INDL DEV AUTH STUDENT</name>
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          <isin value="US04052VAH33"/>
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        <name>WEST HAVEN CT</name>
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        <title>City of West Haven CT</title>
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        <name>SALEM CNTY NJ IMPT AUTH</name>
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          <isin value="US794102GP26"/>
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        <name>NEW YORK ST DORM AUTH ST PERSO</name>
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        <name>NEW JERSEY ST HLTH CARE FACS F</name>
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        <name>RHODE ISLAND INFRASTRUCTURE BA</name>
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        <name>NASSAU CNTY NY</name>
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        <title>County of Nassau NY</title>
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        <name>TEXAS ST WTR DEV BRD</name>
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        <name>WEST HAVEN CT</name>
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          <maturityDt>2027-09-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>SALEM CNTY NJ IMPT AUTH</name>
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          <maturityDt>2030-08-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>MADISON MACOUPIN ETC CNTYS ILC</name>
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          <maturityDt>2032-11-01</maturityDt>
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        <name>UNION ALEXANDER ETC CNTYS IL C</name>
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        <name>CALIFORNIA ST MUNI FIN AUTH CO</name>
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        <name>ARLINGTON TX SPL TAX REVENUE</name>
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        <name>CRESTVIEW OH LOCAL SCH DIST CO</name>
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        <name>PENNSYLVANIA ST HGR EDUCTNL FA</name>
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        <name>MUNI ELEC AUTH OF GEORGIA</name>
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        <name>RICHMOND MI CMNTY SCHS</name>
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      <invstOrSec>
        <name>GOLD HILL MESA MET DIST #2 CO</name>
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        <curCd>USD</curCd>
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          <maturityDt>2037-12-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <valUSD>135000.00000000</valUSD>
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          <maturityDt>2023-02-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>SALES TAX SECURITIZATION CORP</name>
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          <isin value="US79467BCV53"/>
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        <curCd>USD</curCd>
        <valUSD>568433.40000000</valUSD>
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          <maturityDt>2030-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>IOWA ST HGR EDU LOAN AUTH REVE</name>
        <lei>549300DWVTM3KRNR0M36</lei>
        <title>Iowa Higher Education Loan Authority</title>
        <cusip>46247DAB3</cusip>
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          <isin value="US46247DAB38"/>
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        <balance>360000.00000000</balance>
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        <curCd>USD</curCd>
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          <maturityDt>2035-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>TRI-VLY SD SCH DIST #49-6</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-15</maturityDt>
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        <name>EAGLE GARFIELD &amp; ROUTT CNTYS C</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-12-01</maturityDt>
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        <name>KELSEYVILLE CA UNIF SCH DIST</name>
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          <isin value="US488224DN31"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>NEW YORK ST DORM AUTH SALES TA</name>
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          <isin value="US64990AMS14"/>
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        <curCd>USD</curCd>
        <valUSD>2170084.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-03-15</maturityDt>
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        <name>GRAND PARKWAY TRANSPRTN CORP T</name>
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          <maturityDt>2037-10-01</maturityDt>
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          <maturityDt>2026-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>CONNECTICUT ST</name>
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          <maturityDt>2034-04-15</maturityDt>
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        <name>IOWA ST HGR EDU LOAN AUTH REVE</name>
        <lei>549300DWVTM3KRNR0M36</lei>
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          <isin value="US46247DAC11"/>
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          <maturityDt>2034-12-01</maturityDt>
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        <name>NEW YORK CITY NY TRANSITIONAL</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SANGAMON CNTY IL</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PMA LEVY &amp; AID ANTIC NTS PROGR</name>
        <lei>N/A</lei>
        <title>PMA Levy &amp; Aid Anticipation Notes Program</title>
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          <isin value="US730146CS45"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1002671.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-19</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>MONTGOMERY CNTY AL PUBLIC BLDG</name>
        <lei>N/A</lei>
        <title>Montgomery County Public Facilities Authority/AL</title>
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          <isin value="US613209EF81"/>
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        <curCd>USD</curCd>
        <valUSD>1312865.30000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MEMPHIS TN HLTH EDUCTNL &amp; HSG</name>
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          <isin value="US586169GC21"/>
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        <curCd>USD</curCd>
        <valUSD>548911.27000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SPOKANE WA PUBLIC FACS DIST HO</name>
        <lei>N/A</lei>
        <title>Spokane Public Facilities District</title>
        <cusip>849088DR7</cusip>
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          <isin value="US849088DR76"/>
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        <balance>535000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>566070.23000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</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>ALLEGHENY CNTY PA SAN AUTH</name>
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        <title>Allegheny County Sanitary Authority</title>
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          <isin value="US017357A796"/>
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        <curCd>USD</curCd>
        <valUSD>526608.15000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>INDIANA ST FIN AUTH ENVRNMNTL</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority</title>
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          <isin value="US455059AK10"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>895150.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.40000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN ANTONIO TX ELEC &amp; GAS REVE</name>
        <lei>5493002G2FEH20Q4GQ04</lei>
        <title>City of San Antonio TX Electric &amp; Gas Systems Revenue</title>
        <cusip>79625GBA0</cusip>
        <identifiers>
          <isin value="US79625GBA04"/>
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        <balance>1035000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1111365.61000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-02-01</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>RHODE ISLAND ST HLTH &amp; EDUCTNL</name>
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        <title>Rhode Island Health and Educational Building Corp</title>
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          <isin value="US762196W823"/>
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        <balance>1320000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1533582.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WILL CNTY IL SCH DIST #114 MAN</name>
        <lei>N/A</lei>
        <title>Will County School District No 114 Manhattan</title>
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          <isin value="US968838JR48"/>
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        <balance>445000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>511789.43000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WISCONSIN ST HLTH &amp; EDUCTNL FA</name>
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        <title>Wisconsin Health &amp; Educational Facilities Authority</title>
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          <isin value="US97712D6Q45"/>
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        <balance>425000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>478881.16000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NEW YORK ST LIBERTY DEV CORP L</name>
        <lei>N/A</lei>
        <title>New York Liberty Development Corp</title>
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          <isin value="US649519DF99"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>457243.60000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <debtSec>
          <maturityDt>2069-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.45000000</annualizedRt>
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      <invstOrSec>
        <name>KENTUCKY ST ECON DEV FIN AUTH</name>
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        <title>Kentucky Economic Development Finance Authority</title>
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          <isin value="US49126RAD89"/>
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        <debtSec>
          <maturityDt>2031-04-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.90000000</annualizedRt>
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        <name>COLORADO EDUCTNL &amp; CULTURAL AU</name>
        <lei>549300BJRX2FHSSZP042</lei>
        <title>Colorado Educational &amp; Cultural Facilities Authority</title>
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          <isin value="US19645UHF49"/>
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        <curCd>USD</curCd>
        <valUSD>1018531.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CALIFORNIA ST MUNI FIN AUTH ST</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority</title>
        <cusip>13049YAZ4</cusip>
        <identifiers>
          <isin value="US13049YAZ43"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>426196.96000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <debtSec>
          <maturityDt>2031-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CHICAGO IL</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
        <title>City of Chicago IL</title>
        <cusip>167486WL9</cusip>
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          <isin value="US167486WL90"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1026408.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CONNECTICUT ST SPL TAX OBLIG R</name>
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        <title>State of Connecticut Special Tax Revenue</title>
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          <isin value="US207758L271"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>1163085.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>AUSTIN TX</name>
        <lei>IW10PQVTU7HKS3JMW253</lei>
        <title>City of Austin TX</title>
        <cusip>052397ZS8</cusip>
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          <isin value="US052397ZS84"/>
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        <balance>260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>263972.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GREAT LAKES MI WTR AUTH SEWAGE</name>
        <lei>N/A</lei>
        <title>Great Lakes Water Authority Sewage Disposal System Revenue</title>
        <cusip>39081HAS1</cusip>
        <identifiers>
          <isin value="US39081HAS13"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1058051.10000000</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>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MICHIGAN ST FIN AUTH REVENUE</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority</title>
        <cusip>59447TUU5</cusip>
        <identifiers>
          <isin value="US59447TUU59"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>259757.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TEXAS ST PRIV ACTIVITY BOND SU</name>
        <lei>N/A</lei>
        <title>Texas Private Activity Bond Surface Transportation Corp</title>
        <cusip>882667BF4</cusip>
        <identifiers>
          <isin value="US882667BF49"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>512258.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-30</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>NORTH HOUSTON DEV CORP TX TAX</name>
        <lei>N/A</lei>
        <title>Greater Greenspoint Redevelopment Authority</title>
        <cusip>660027AN3</cusip>
        <identifiers>
          <isin value="US660027AN37"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>381490.52000000</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>2032-09-01</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>AUSTIN TX WTR &amp; WSTWTR SYS REV</name>
        <lei>N/A</lei>
        <title>City of Austin TX Water &amp; Wastewater System Revenue</title>
        <cusip>052477PE0</cusip>
        <identifiers>
          <isin value="US052477PE02"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1020509.00000000</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>2023-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JESUP IA CMNTY SCH DIST</name>
        <lei>N/A</lei>
        <title>Jesup Community School District</title>
        <cusip>477070BH8</cusip>
        <identifiers>
          <isin value="US477070BH88"/>
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        <balance>420000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>433409.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MADISON CNTY IL CMNTY UNIT SCH</name>
        <lei>N/A</lei>
        <title>Madison County Community Unit School District No 8 Bethalto</title>
        <cusip>557038FH4</cusip>
        <identifiers>
          <isin value="US557038FH43"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>755848.31000000</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>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WASHINGTON ST CONVENTION CENTE</name>
        <lei>N/A</lei>
        <title>Washington State Convention Center Public Facilities District</title>
        <cusip>93976AEJ7</cusip>
        <identifiers>
          <isin value="US93976AEJ79"/>
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        <balance>535000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>468051.97000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOLD HILL MESA MET DIST #2 CO</name>
        <lei>N/A</lei>
        <title>Gold Hill Mesa Metropolitan District No 2</title>
        <cusip>38060PAG6</cusip>
        <identifiers>
          <isin value="US38060PAG63"/>
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        <balance>145000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>158064.12000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RHODE ISLAND ST HSG &amp; MTGE FIN</name>
        <lei>254900N9FNYNPO539444</lei>
        <title>Rhode Island Housing &amp; Mortgage Finance Corp</title>
        <cusip>76221RY23</cusip>
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          <isin value="US76221RY237"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>390306.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>City of New York NY</title>
        <cusip>64966QL57</cusip>
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          <isin value="US64966QL578"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3394065.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WYOMING MI PUBLIC SCHS</name>
        <lei>N/A</lei>
        <title>Wyoming Public Schools</title>
        <cusip>983323SZ0</cusip>
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          <isin value="US983323SZ06"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>508004.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INTERMOUNTAIN PWR AGY UT PWR S</name>
        <lei>N/A</lei>
        <title>Intermountain Power Agency</title>
        <cusip>45884AA29</cusip>
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          <isin value="US45884AA293"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>877026.23000000</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>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>TOLEDO OH</name>
        <lei>549300I365GIDPR4BM68</lei>
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        <cusip>889278ZS9</cusip>
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          <isin value="US889278ZS91"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1160867.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>WALTON CNTY GA WTR &amp; SWR AUTH</name>
        <lei>N/A</lei>
        <title>Walton County Water &amp; Sewer Authority</title>
        <cusip>93342PFM3</cusip>
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          <isin value="US93342PFM32"/>
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        <balance>425000.00000000</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>2043-02-01</maturityDt>
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        <name>SPARTANBURG CNTY SC SCH DIST #</name>
        <lei>N/A</lei>
        <title>Spartanburg County School District No 4/SC</title>
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          <isin value="US847031CP48"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>BLACK BELT ENERGY GAS DIST AL</name>
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        <title>Black Belt Energy Gas District</title>
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          <isin value="US09182TAF49"/>
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        <balance>1760000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1762949.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MIAMI BEACH FL WTR &amp; SWR REVEN</name>
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        <name>N TX TOLLWAY AUTH REVENUE</name>
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          <maturityDt>2038-01-01</maturityDt>
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        <name>LAKE CNTY IL SCH DIST #112 N S</name>
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          <isin value="US509076CM50"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>BOLINGBROOK IL</name>
        <lei>N/A</lei>
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          <isin value="US097552RB14"/>
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        <curCd>USD</curCd>
        <valUSD>2181316.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>UPTOWN DEV AUTH TX INCR CONTRA</name>
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        <title>Uptown Development Authority</title>
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          <isin value="US916856GK77"/>
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        <name>CRYSTAL VLY CO MET DIST #2</name>
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        <name>ARIZONA ST INDL DEV AUTH NATIO</name>
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          <isin value="US04052FAM77"/>
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        <name>GTR TEXOMA TX UTILITY AUTH CON</name>
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          <isin value="US39239HZB22"/>
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        <name>FORT PIERCE FL UTILITIES AUTH</name>
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        <name>UNIV OF CENTRAL ARKANSAS AR RE</name>
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        <name>LANCASTER PA INDL DEV AUTH</name>
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        <name>NEW YORK ST DORM AUTH ST PERSO</name>
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        <name>CAMERON PARISH LA SCH DIST #15</name>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>TRI-VLY SD SCH DIST #49-6</name>
        <lei>N/A</lei>
        <title>Tri-Valley School District No 49-6</title>
        <cusip>895761HV9</cusip>
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          <isin value="US895761HV99"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FORT BEND CNTY TX MUNI UTILITY</name>
        <lei>N/A</lei>
        <title>Fort Bend County Municipal Utility District No 215</title>
        <cusip>34683NCE0</cusip>
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          <isin value="US34683NCE04"/>
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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>2024-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MAIN STREET NATURAL GAS INC GA</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>Main Street Natural Gas Inc</title>
        <cusip>56035DCH3</cusip>
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          <isin value="US56035DCH35"/>
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        <balance>1925000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1937657.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SANGAMON LOGAN &amp; MENARD CNTYS</name>
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        <title>Sangamon Logan &amp; Menard Counties Community Unit School Dist No 15 Williamsville</title>
        <cusip>800783FJ6</cusip>
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          <isin value="US800783FJ67"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>568965.45000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>MET WTR DIST OF STHRN CA WTRWK</name>
        <lei>5493003GD0S0P56RLT45</lei>
        <title>Metropolitan Water District of Southern California</title>
        <cusip>59266TNV9</cusip>
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          <isin value="US59266TNV97"/>
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        <balance>1200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1192854.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.80000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASSACHUSETTS ST SCH BLDG AUTH</name>
        <lei>N/A</lei>
        <title>Massachusetts School Building Authority</title>
        <cusip>576000UR2</cusip>
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          <isin value="US576000UR20"/>
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        <curCd>USD</curCd>
        <valUSD>1091948.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COLORADO ST HLTH FACS AUTH REV</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority</title>
        <cusip>19648FJV7</cusip>
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          <isin value="US19648FJV76"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>113342.51000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CAROL STREAM IL PARK DIST</name>
        <lei>N/A</lei>
        <title>Carol Stream Park District</title>
        <cusip>143735VP0</cusip>
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          <isin value="US143735VP06"/>
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        <balance>485000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>512961.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO IL PARK DIST</name>
        <lei>549300DNSTZGBZLIU409</lei>
        <title>Chicago Park District</title>
        <cusip>167615C84</cusip>
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          <isin value="US167615C841"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>517683.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>GEORGETOWN TX UTILITY SYS REVE</name>
        <lei>N/A</lei>
        <title>City of Georgetown TX Utility System Revenue</title>
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          <isin value="US373064N591"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1085062.70000000</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>2026-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW JERSEY ST TURNPIKE AUTH TU</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>New Jersey Turnpike Authority</title>
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          <isin value="US646140BN29"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1004322.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.75800000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>BLACK BELT ENERGY GAS DIST AL</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>Black Belt Energy Gas District</title>
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          <isin value="US09182TBT34"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1074038.90000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LONG BEACH CA ARPT REVENUE</name>
        <lei>N/A</lei>
        <title>City of Long Beach CA Airport System Revenue</title>
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          <isin value="US542403CZ19"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>SAN ANTONIO TX ELEC &amp; GAS REVE</name>
        <lei>5493002G2FEH20Q4GQ04</lei>
        <title>City of San Antonio TX Electric &amp; Gas Systems Revenue</title>
        <cusip>7962535T5</cusip>
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          <isin value="US7962535T52"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>259817.20000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-02-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <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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          <isin value="US762244FC02"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>516089.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <name>SABINE-NECHES NAV DIST TX</name>
        <lei>N/A</lei>
        <title>Sabine-Neches Navigation District</title>
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          <isin value="US78532EAP79"/>
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        <balance>1000000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2037-02-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>NORTH CAROLINA ST TURNPIKE AUT</name>
        <lei>549300FCT1PN0GJGQ240</lei>
        <title>North Carolina Turnpike Authority</title>
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          <isin value="US65830RCW79"/>
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        <balance>1000000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>CHEROKEE CO MET DIST WTR &amp; WST</name>
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      <invstOrSec>
        <name>SUFFOLK CNTY NY</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>410000.00000000</valUSD>
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          <maturityDt>2023-02-01</maturityDt>
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      <invstOrSec>
        <name>UTAH ST CHRT SCH FIN AUTH CHRT</name>
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        <title>Utah Charter School Finance Authority</title>
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          <isin value="US91754TW907"/>
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        <valUSD>244902.25000000</valUSD>
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          <maturityDt>2040-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>ILLINOIS ST</name>
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        <title>State of Illinois</title>
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          <isin value="US452152G709"/>
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        <curCd>USD</curCd>
        <valUSD>528068.50000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>ALASKA ST INDL DEV &amp; EXPORT AU</name>
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        <title>Alaska Industrial Development &amp; Export Authority</title>
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          <isin value="US011903HC87"/>
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        <curCd>USD</curCd>
        <valUSD>104144.04000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO IL PARK DIST</name>
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          <isin value="US167615W419"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-01-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>BALTIMORE MD PROJ REVENUE</name>
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          <isin value="US05922KU726"/>
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        <valUSD>931053.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AMERICAN MUNI PWR-OHIO INC OH</name>
        <lei>EARKGGZJJEMVD66XQ486</lei>
        <title>American Municipal Power Inc</title>
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          <isin value="US02765UMH40"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1037245.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MSD OF WASH TWP SCH BLDG CORP</name>
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        <title>MSD of Wash Township School Building Corp</title>
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          <isin value="US62476HCR66"/>
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        <curCd>USD</curCd>
        <valUSD>254326.28000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-07-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>W PALM BEACH FL UTILITY SYS RE</name>
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        <title>City of West Palm Beach FL Utility System Revenue</title>
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        <fairValLevel>2</fairValLevel>
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        <name>WALTON CNTY GA WTR &amp; SWR AUTH</name>
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        <title>Walton County Water &amp; Sewer Authority</title>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>MICHIGAN ST FIN AUTH REVENUE</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority</title>
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          <isin value="US59447TK853"/>
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        <balance>500000.00000000</balance>
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          <maturityDt>2034-06-01</maturityDt>
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        <name>JESUP IA CMNTY SCH DIST</name>
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        <title>Jesup Community School District</title>
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          <isin value="US477070BK18"/>
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        <name>FLORIDA DEV FIN CORP HLTHCAREF</name>
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        <name>SALES TAX SECURITIZATION CORP</name>
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        <name>ILLINOIS ST DEV FIN AUTH</name>
        <lei>N/A</lei>
        <title>Illinois Development Finance Authority</title>
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          <isin value="US451913AH02"/>
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          <maturityDt>2025-07-15</maturityDt>
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        <name>LOUISIANA STADIUM &amp; EXPOSITION</name>
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      <invstOrSec>
        <name>WRIGHT CITY MO SCH DIST #R-2</name>
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      <invstOrSec>
        <name>MONTGOMERY CNTY TX MUNI UTIL D</name>
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      <invstOrSec>
        <name>MICHIGAN ST FIN AUTH REVENUE</name>
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          <isin value="US59447T3J00"/>
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          <maturityDt>2029-04-15</maturityDt>
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      <invstOrSec>
        <name>MARYLAND ST</name>
        <lei>N/A</lei>
        <title>State of Maryland</title>
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          <isin value="US574193VP07"/>
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          <maturityDt>2037-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>GROSSMONT CA UNION HIGH SCH DI</name>
        <lei>N/A</lei>
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          <isin value="US399262KA13"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>WOODFORD LASALLE LIVINGSTON ET</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>NASSAU CNTY NY</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
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          <isin value="US452153AH25"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CORALVILLE IA</name>
        <lei>549300UKC7MMW46X6P25</lei>
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          <isin value="US218080KC21"/>
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        <balance>520000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>PMA LEVY &amp; AID ANTIC NTS PROGR</name>
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          <isin value="US730146CU90"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-08-24</maturityDt>
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        <name>GUAM PWR AUTH REVENUE</name>
        <lei>549300IPOV320QCKW060</lei>
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          <isin value="US400653JZ51"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>HUTTO TX INDEP SCH DIST</name>
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        <title>Hutto Independent School District</title>
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          <maturityDt>2027-08-01</maturityDt>
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        <name>SAN ANTONIO TX PUB FACS CORP L</name>
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          <maturityDt>2027-09-15</maturityDt>
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        <name>BLACK BELT ENERGY GAS DIST AL</name>
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        <name>CLIFTON TX HGR EDU FIN CORP ED</name>
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          <isin value="US187145LV76"/>
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          <maturityDt>2027-08-15</maturityDt>
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        <name>PUBLIC FIN AUTH WI RETMNT FAC</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
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          <isin value="US74444VBN91"/>
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        <balance>390000.00000000</balance>
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        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
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          <isin value="US452152TC53"/>
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          <maturityDt>2038-07-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>PUBLIC FIN AUTH WI RETMNT FAC</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
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        <balance>35000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-10-01</maturityDt>
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      <invstOrSec>
        <name>LONG BEACH CA ARPT REVENUE</name>
        <lei>N/A</lei>
        <title>City of Long Beach CA Airport System Revenue</title>
        <cusip>542403DA5</cusip>
        <identifiers>
          <isin value="US542403DA58"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>223088.74000000</valUSD>
        <pctVal>0.056934744973</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALAMITO TX PUBLIC FACS CORP MF</name>
        <lei>N/A</lei>
        <title>Alamito Public Facility Corp</title>
        <cusip>011245AH0</cusip>
        <identifiers>
          <isin value="US011245AH03"/>
        </identifiers>
        <balance>4000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4013308.80000000</valUSD>
        <pctVal>1.024241353582</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.50000000</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>ERIE PA</name>
        <lei>N/A</lei>
        <title>City of Erie PA</title>
        <cusip>295407Q52</cusip>
        <identifiers>
          <isin value="US295407Q525"/>
        </identifiers>
        <balance>750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>430282.20000000</valUSD>
        <pctVal>0.109812836468</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</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>NORTH LAS VEGAS NV</name>
        <lei>N/A</lei>
        <title>City of North Las Vegas NV</title>
        <cusip>660393R92</cusip>
        <identifiers>
          <isin value="US660393R928"/>
        </identifiers>
        <balance>825000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>852166.10000000</valUSD>
        <pctVal>0.217482332717</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>BRIDGEPORT CT</name>
        <lei>N/A</lei>
        <title>City of Bridgeport CT</title>
        <cusip>108152LK3</cusip>
        <identifiers>
          <isin value="US108152LK34"/>
        </identifiers>
        <balance>1250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1404028.63000000</valUSD>
        <pctVal>0.358323831064</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-09-01</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>NORTHERN IL UNIV REVENUES</name>
        <lei>N/A</lei>
        <title>Northern Illinois University</title>
        <cusip>665245YV2</cusip>
        <identifiers>
          <isin value="US665245YV26"/>
        </identifiers>
        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>267931.20000000</valUSD>
        <pctVal>0.068379042986</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</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>CLARK CNTY NV</name>
        <lei>N/A</lei>
        <title>County of Clark NV</title>
        <cusip>180848PK3</cusip>
        <identifiers>
          <isin value="US180848PK39"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1006653.60000000</valUSD>
        <pctVal>0.256909272930</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>MATTESON IL</name>
        <lei>N/A</lei>
        <title>Village of Matteson IL</title>
        <cusip>577098NV4</cusip>
        <identifiers>
          <isin value="US577098NV40"/>
        </identifiers>
        <balance>465000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>522511.25000000</valUSD>
        <pctVal>0.133350722965</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BALTIC SD SCH DIST #49-1</name>
        <lei>N/A</lei>
        <title>Baltic School District No 49-1</title>
        <cusip>058827EX0</cusip>
        <identifiers>
          <isin value="US058827EX06"/>
        </identifiers>
        <balance>325000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>340505.59000000</valUSD>
        <pctVal>0.086900840125</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>4.50000000</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>CENTRL PLAINS ENERGY PROJ NE G</name>
        <lei>SVQOT7V5CPLIGNP5BE29</lei>
        <title>Central Plains Energy Project</title>
        <cusip>154872AT2</cusip>
        <identifiers>
          <isin value="US154872AT23"/>
          <other otherDesc="SEDOL" value="BKPGP18"/>
        </identifiers>
        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1519102.50000000</valUSD>
        <pctVal>0.387691971480</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-01</maturityDt>
          <couponKind>Variable</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>TRIBOROUGH NY BRIDGE &amp; TUNNEL</name>
        <lei>54930020ZN4LQF7K3456</lei>
        <title>Triborough Bridge &amp; Tunnel Authority</title>
        <cusip>89602HFA0</cusip>
        <identifiers>
          <isin value="US89602HFA05"/>
        </identifiers>
        <balance>1345000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1280662.06000000</valUSD>
        <pctVal>0.326839300732</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-05-15</maturityDt>
          <couponKind>Variable</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>
    </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>2023-03-22</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>
  <documents>XXXX</documents>
</edgarSubmission>
