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      <invstOrSec>
        <name>FORT BEND CNTY TX TOLL ROAD RE</name>
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          <couponKind>Fixed</couponKind>
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        <name>SANGAMON &amp; CHRISTIAN CNTYS IL</name>
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          <maturityDt>2054-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>WASHINGTON CA UNIF SCH DIST YO</name>
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          <maturityDt>2026-08-01</maturityDt>
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        <name>UNION ALEXANDER ETC CNTYS IL C</name>
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        <name>ORANGE CITY IA WTR REVENUE</name>
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        <name>BANNING CA UNIF SCH DIST</name>
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        <name>WILLIAMSON CNTY IL CMNTY UNIT</name>
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        <name>CUYAHOGA CNTY OH HOSP REVENUE</name>
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        <name>PORT HURON MI AREA SCH DIST</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <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>041807FD5</cusip>
        <identifiers>
          <isin value="US041807FD58"/>
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        <balance>3190000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3503723.10000000</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>2042-08-15</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>
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      </invstOrSec>
      <invstOrSec>
        <name>MONTGOMERY CNTY PA HGR EDU &amp; H</name>
        <lei>N/A</lei>
        <title>Montgomery County Higher Education and Health Authority</title>
        <cusip>613603K32</cusip>
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          <isin value="US613603K329"/>
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        <curCd>USD</curCd>
        <valUSD>1106485.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-09-01</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>
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      </invstOrSec>
      <invstOrSec>
        <name>COLORADO SPRINGS CO SCH DIST #</name>
        <lei>N/A</lei>
        <title>Colorado Springs School District No 11 Facilities Corp</title>
        <cusip>19662UBJ0</cusip>
        <identifiers>
          <isin value="US19662UBJ07"/>
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        <balance>2250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2469073.95000000</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>2048-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CHARLOTTE-MECKLENBURG NC HOSP</name>
        <lei>549300XOH4JU704GMZ32</lei>
        <title>Charlotte-Mecklenburg Hospital Authority/The</title>
        <cusip>160853MR5</cusip>
        <identifiers>
          <isin value="US160853MR54"/>
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        <balance>860000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>860000.00000000</valUSD>
        <pctVal>0.183313240629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.90000000</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>DELAWARE VLY PA REGL FIN AUTH</name>
        <lei>549300HGYP3NW885TT18</lei>
        <title>Delaware Valley Regional Finance Authority</title>
        <cusip>246579DT0</cusip>
        <identifiers>
          <isin value="US246579DT04"/>
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        <balance>95000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>101193.14000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.70000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST CONVENTION CENTER</name>
        <lei>N/A</lei>
        <title>New York Convention Center Development Corp</title>
        <cusip>649451HS3</cusip>
        <identifiers>
          <isin value="US649451HS33"/>
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        <balance>4400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2654210.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CARMEL IN WTRWKS REVENUE</name>
        <lei>N/A</lei>
        <title>City of Carmel IN Waterworks Revenue</title>
        <cusip>143321LQ8</cusip>
        <identifiers>
          <isin value="US143321LQ80"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1602584.10000000</valUSD>
        <pctVal>0.341598703199</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HEBER UT LIGHT &amp; PWR COMPANY E</name>
        <lei>N/A</lei>
        <title>Heber Light &amp; Power Co</title>
        <cusip>42249TEB1</cusip>
        <identifiers>
          <isin value="US42249TEB17"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1064313.50000000</valUSD>
        <pctVal>0.226863670616</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TEXAS ST MUNI PWR AGY REVENUE</name>
        <lei>N/A</lei>
        <title>Texas Municipal Power Agency</title>
        <cusip>882555ZT5</cusip>
        <identifiers>
          <isin value="US882555ZT57"/>
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        <balance>1345000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1237150.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</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>WOODBURY NJ SCH DIST</name>
        <lei>N/A</lei>
        <title>Woodbury School District</title>
        <cusip>979166EB7</cusip>
        <identifiers>
          <isin value="US979166EB73"/>
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        <balance>1020000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1020995.62000000</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>2046-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALABAMA ST PORT AUTH DOCKS FAC</name>
        <lei>N/A</lei>
        <title>State of Alabama Docks Department</title>
        <cusip>010604BZ8</cusip>
        <identifiers>
          <isin value="US010604BZ80"/>
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        <balance>2200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2262181.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SARATOGA CA UNION SCH DIST</name>
        <lei>N/A</lei>
        <title>Saratoga Union School District</title>
        <cusip>803469DV4</cusip>
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          <isin value="US803469DV43"/>
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        <balance>650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>590438.88000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>BUCKS CNTY PA INDL DEV AUTH HO</name>
        <lei>N/A</lei>
        <title>Bucks County Industrial Development Authority</title>
        <cusip>11861MBQ8</cusip>
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          <isin value="US11861MBQ87"/>
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        <balance>980000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>938522.38000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GREEN GABLES MET DIST #2 CO</name>
        <lei>N/A</lei>
        <title>Green Gables Metropolitan District No 2</title>
        <cusip>39305PAP9</cusip>
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          <isin value="US39305PAP99"/>
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        <balance>760000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>817658.31000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey Transportation Trust Fund Authority</title>
        <cusip>646136TK7</cusip>
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          <isin value="US646136TK77"/>
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        <balance>965000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>953533.97000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-15</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>LAZY NINE TX MUNI UTILITY DIST</name>
        <lei>N/A</lei>
        <title>Lazy Nine Municipal Utility District No 1B</title>
        <cusip>52109HQB2</cusip>
        <identifiers>
          <isin value="US52109HQB23"/>
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        <balance>605000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>602245.92000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>WILLIAMSON CNTY IL CMNTY UNIT</name>
        <lei>N/A</lei>
        <title>Williamson County Community Unit School District No 1 Johnston City</title>
        <cusip>969768DL1</cusip>
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          <isin value="US969768DL18"/>
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        <balance>590000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>560728.39000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>NORTHERN IL UNIV REVENUES</name>
        <lei>N/A</lei>
        <title>Northern Illinois University</title>
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          <isin value="US665245YP57"/>
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      <invstOrSec>
        <name>SNAKE RIVER SPORTING CLUB IMPT</name>
        <lei>N/A</lei>
        <title>Snake River Sporting Club Improvement &amp; Service District</title>
        <cusip>833021AZ1</cusip>
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          <isin value="US833021AZ16"/>
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        <valUSD>1197999.88000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-07-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>CHICAGO IL BRD OF EDU DEDICATE</name>
        <lei>N/A</lei>
        <title>Chicago Board of Education Dedicated Capital Improvement Tax</title>
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          <isin value="US167510AY26"/>
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        <curCd>USD</curCd>
        <valUSD>1966732.60000000</valUSD>
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        <debtSec>
          <maturityDt>2035-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SIOUX CITY IA CMNTY SCH DIST S</name>
        <lei>N/A</lei>
        <title>Sioux City Community School District Infrastructure Sales Services &amp; Use Tax</title>
        <cusip>829475GG1</cusip>
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          <isin value="US829475GG12"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2498340.00000000</valUSD>
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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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          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HARRIS CNTY-HOUSTON TX SPORTS</name>
        <lei>N/A</lei>
        <title>Harris County-Houston Sports Authority</title>
        <cusip>413893CL0</cusip>
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          <isin value="US413893CL08"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>953454.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-15</maturityDt>
          <couponKind>None</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>W DELAWARE CNTY IA CMNTY SCH D</name>
        <lei>N/A</lei>
        <title>West Delaware County Community School District Sales &amp; Services Tax Revenue</title>
        <cusip>952480AD3</cusip>
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          <isin value="US952480AD30"/>
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        <curCd>USD</curCd>
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          <maturityDt>2026-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>S JERSEY NJ TRANSPRTN AUTH TRA</name>
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        <title>South Jersey Transportation Authority</title>
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          <isin value="US838536LZ10"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BERLIN BORO NJ SCH DIST</name>
        <lei>N/A</lei>
        <title>Berlin Borough School District</title>
        <cusip>084766CV4</cusip>
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          <isin value="US084766CV41"/>
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        <balance>1255000.00000000</balance>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2040-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MAINE ST FIN AUTH LOAN REVENUE</name>
        <lei>N/A</lei>
        <title>Finance Authority of Maine</title>
        <cusip>56042TAW8</cusip>
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          <isin value="US56042TAW80"/>
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        <curCd>USD</curCd>
        <valUSD>152986.17000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HARRIS CNTY TX MUNI UTILITY DI</name>
        <lei>N/A</lei>
        <title>Harris County Municipal Utility District No 423</title>
        <cusip>41429KDP4</cusip>
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          <isin value="US41429KDP49"/>
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        <balance>350000.00000000</balance>
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          <maturityDt>2031-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>KANKAKEE IL</name>
        <lei>549300Z3ZVLSXELVAS52</lei>
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          <isin value="US484404YN29"/>
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          <maturityDt>2026-01-01</maturityDt>
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        <name>IDAHO ST HSG &amp; FIN ASSN NONPRO</name>
        <lei>5493002WM3NYB1LQB744</lei>
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          <maturityDt>2052-05-01</maturityDt>
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        <name>RENO NV CAPITAL IMPT REVENUE</name>
        <lei>549300M4R5WWSUWY8D52</lei>
        <title>City of Reno NV</title>
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          <maturityDt>2046-06-01</maturityDt>
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      <invstOrSec>
        <name>HARRIS CNTY TX MUNI UTILITY DI</name>
        <lei>N/A</lei>
        <title>Harris County Municipal Utility District No 457</title>
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          <isin value="US41423KJF66"/>
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          <maturityDt>2047-03-01</maturityDt>
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      <invstOrSec>
        <name>STHRN ILLINOIS ST UNIV</name>
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          <isin value="US8431465F40"/>
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        <name>JESUP IA CMNTY SCH DIST</name>
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        <name>MARICOPA CNTY AZ UNIF SCH DIST</name>
        <lei>N/A</lei>
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        <name>SHAWANO WI ELEC SYS REVENUE</name>
        <lei>N/A</lei>
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          <isin value="US820418AF83"/>
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      <invstOrSec>
        <name>NEW HAMPSHIRE ST HLTH &amp; EDU FA</name>
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      <invstOrSec>
        <name>HARRIS CNTY TX MUNI UTILITY DI</name>
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          <maturityDt>2028-12-01</maturityDt>
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        <name>LONG BEACH NY</name>
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          <maturityDt>2042-07-15</maturityDt>
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        <name>LOWER COLORADO RIVER TX AUTH T</name>
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        <name>SAGINAW MI WTR SPLY SYS REVENU</name>
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          <isin value="US786795DA99"/>
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          <maturityDt>2026-07-01</maturityDt>
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      <invstOrSec>
        <name>CLOVERLEAF OH LOCAL SCH DIST C</name>
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          <isin value="US18925PGQ54"/>
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          <maturityDt>2042-12-01</maturityDt>
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        <name>NEW YORK ST LIBERTY DEV CORP L</name>
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        <name>BALTIC SD SCH DIST #49-1</name>
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        <name>DOUGLAS CNTY NE SCH DIST #10</name>
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        <name>HARRIS CNTY TX MUNI UTILITY DI</name>
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        <name>UMATILLA CNTY OR SCH DIST #6 R</name>
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        <name>FOOTHILL-DE ANZA CA CMNTY CLG</name>
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        <name>SACRAMENTO CITY CA UNIF SCH DI</name>
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        <name>MATAGORDA CNTY TX NAV DIST #1</name>
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      <invstOrSec>
        <name>PLACER CA UNION HIGH SCH DIST</name>
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        <name>GROSSMONT CA UNION HIGH SCH DI</name>
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        <name>CANYON TX</name>
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      <invstOrSec>
        <name>JESUP IA CMNTY SCH DIST</name>
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        <name>SWEETWATER CNTY WY 2023 SPECIF</name>
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        <name>KANSAS CITY MO MUNI ASSISTANCE</name>
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        <name>AMHERST NY DEV CORP STUDENT HS</name>
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        <name>E-470 CO PUBLIC HIGHWAY AUTH</name>
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        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
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        <name>MOUNTAIN LAKES NJ SCH DIST</name>
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        <name>MARICOPA CNTY AZ UNIF SCH DIST</name>
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        <name>RIVERSIDE CNTY CA TRANSPRTN CO</name>
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        <name>NEWARK NJ PKG AUTH LEASE REVEN</name>
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      <invstOrSec>
        <name>VINEYARD REDEV AGY UT TAX INCR</name>
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      <invstOrSec>
        <name>UNIV OF ALASKA AK REVENUES</name>
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          <isin value="US914046N602"/>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FL SEAPORT REV</name>
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          <isin value="US59335KDJ34"/>
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          <maturityDt>2050-10-01</maturityDt>
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      <invstOrSec>
        <name>HARRIS CNTY TX MUNI UTILITY DI</name>
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        <title>Harris County Municipal Utility District No 489</title>
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          <isin value="US41423LKS42"/>
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        <balance>980000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1072980.15000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-09-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW HOPE CULTURAL EDU FACS FIN</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp</title>
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          <isin value="US64542YBA38"/>
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        <balance>155000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>156336.15000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VISTA CA UNIF SCH DIST</name>
        <lei>N/A</lei>
        <title>Vista Unified School District</title>
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          <isin value="US928346QT53"/>
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        <curCd>USD</curCd>
        <valUSD>3428061.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>TEXAS ST PUBLIC FIN AUTH REVEN</name>
        <lei>N/A</lei>
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          <isin value="US88277PBA21"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>649815.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LAKE TAHOE CA UNIF SCH DIST</name>
        <lei>N/A</lei>
        <title>Lake Tahoe Unified School District</title>
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          <isin value="US511012HN99"/>
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        <balance>1110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>908374.61000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>STHRN ILLINOIS ST UNIV</name>
        <lei>N/A</lei>
        <title>Southern Illinois University</title>
        <cusip>843146D73</cusip>
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          <isin value="US843146D730"/>
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        <balance>390000.00000000</balance>
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        <valUSD>378532.56000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>SOUTH CAROLINA ST PUBLIC SVC A</name>
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        <title>South Carolina Public Service Authority</title>
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          <isin value="US837151U492"/>
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        <balance>600000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-12-01</maturityDt>
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      <invstOrSec>
        <name>SPARTANBURG CNTY SC SCH DIST #</name>
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        <title>Spartanburg County School District No 4/SC</title>
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      <invstOrSec>
        <name>HARRIS CNTY TX MUNI UTILITY DI</name>
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        <title>Harris County Municipal Utility District No 490</title>
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          <isin value="US41430ECY77"/>
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        <name>LAGUNA SALADA CA UNION SCH DIS</name>
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          <isin value="US507232DC72"/>
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        <name>JACKSON CNTY MO SCH DIST HICKM</name>
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        <name>OSCEOLA CNTY FL TRANSPRTN REVE</name>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <debtSec>
          <maturityDt>2027-12-15</maturityDt>
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        <name>PADUCAH KY ELEC PLANT BRD REVE</name>
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        <title>Paducah Electric Plant Board</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>HARRIS CNTY TX WC&amp;ID #158</name>
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      <invstOrSec>
        <name>NEW YORK ST CONVENTION CENTER</name>
        <lei>N/A</lei>
        <title>New York Convention Center Development Corp</title>
        <cusip>649451JD4</cusip>
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          <isin value="US649451JD46"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-11-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>HARRIS CNTY TX WC&amp;ID #158</name>
        <lei>N/A</lei>
        <title>Harris County Water Control &amp; Improvement District No 158</title>
        <cusip>41453EBA2</cusip>
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          <isin value="US41453EBA29"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>ANAHEIM CA PUBLIC FING AUTH LE</name>
        <lei>N/A</lei>
        <title>Anaheim Public Financing Authority</title>
        <cusip>03255LBQ1</cusip>
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          <isin value="US03255LBQ14"/>
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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>2030-09-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>WAYNE CNTY MI ARPT AUTH REVENU</name>
        <lei>N/A</lei>
        <title>Wayne County Airport Authority</title>
        <cusip>944514K56</cusip>
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          <isin value="US944514K567"/>
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        <balance>635000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>723310.53000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>KAUFMAN CNTY TX MUNI UTILITY D</name>
        <lei>N/A</lei>
        <title>Kaufman County Municipal Utility District No 3</title>
        <cusip>48620ABZ8</cusip>
        <identifiers>
          <isin value="US48620ABZ84"/>
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        <balance>1560000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1596499.16000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2048-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>GRAND RAPIDS MI PUBLIC SCHS</name>
        <lei>N/A</lei>
        <title>Grand Rapids Public Schools</title>
        <cusip>386280PZ8</cusip>
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          <isin value="US386280PZ89"/>
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          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOVE FIELD TX ARPT MODERNIZATI</name>
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        <title>Love Field Airport Modernization Corp</title>
        <cusip>54714CCB1</cusip>
        <identifiers>
          <isin value="US54714CCB19"/>
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        <balance>3195000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3216937.83000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WORCESTER MA</name>
        <lei>5493006DO0NOILRNNH68</lei>
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        <cusip>981306ZA4</cusip>
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          <isin value="US981306ZA43"/>
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        <curCd>USD</curCd>
        <valUSD>842678.10000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO IL BRD OF EDU DEDICATE</name>
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        <title>Chicago Board of Education Dedicated Capital Improvement Tax</title>
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          <isin value="US167510BM78"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>837162.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SALT LAKE CITY UT ARPT REVENUE</name>
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          <isin value="US795576FY87"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2047-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>NORTHERN IL UNIV REVENUES</name>
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        <cusip>665245ZL3</cusip>
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          <isin value="US665245ZL35"/>
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          <maturityDt>2041-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Hartford CT</name>
        <lei>N/A</lei>
        <title>City of Hartford CT</title>
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          <isin value="US416415JF50"/>
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        <valUSD>20335.68000000</valUSD>
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        <debtSec>
          <maturityDt>2032-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>CALIFORNIA ST STWD CMNTYS DEVA</name>
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          <isin value="US13078RJE18"/>
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          <maturityDt>2054-05-15</maturityDt>
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        <name>RIVER DELTA CA UNIF SCH DIST S</name>
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        <title>River Delta Unified School District School Facilities Improvement District No 1</title>
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          <isin value="US768039CB36"/>
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        <debtSec>
          <maturityDt>2045-08-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ARISTA CO MET DIST</name>
        <lei>N/A</lei>
        <title>Arista Metropolitan District</title>
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          <isin value="US04041AAQ31"/>
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        <balance>2650000.00000000</balance>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2048-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>VIRGINIA ST CMWLTH TRANSPRTN B</name>
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          <isin value="US927793KB42"/>
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        <debtSec>
          <maturityDt>2025-04-01</maturityDt>
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      <invstOrSec>
        <name>BROOKINGS SD SCH DIST #5-1</name>
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      <invstOrSec>
        <name>DOUGLAS CNTY NE SCH DIST #10</name>
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      <invstOrSec>
        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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          <isin value="US59259Y6V67"/>
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      <invstOrSec>
        <name>GROSSMONT CA UNION HIGH SCH DI</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-08-01</maturityDt>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FL SCH DIST</name>
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          <isin value="US59333RHB33"/>
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        <curCd>USD</curCd>
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          <maturityDt>2039-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>HARRIS CNTY TX MUNI UTILITY DI</name>
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          <isin value="US41423LKT25"/>
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        <curCd>USD</curCd>
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        <name>MIAMI-DADE CNTY FL SEAPORT REV</name>
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          <maturityDt>2041-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO IL WTRWKS REVENUE</name>
        <lei>N/A</lei>
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          <isin value="US167736U623"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SHAWANO WI ELEC SYS REVENUE</name>
        <lei>N/A</lei>
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          <isin value="US820418AG66"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ORANGE TWP NJ</name>
        <lei>N/A</lei>
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          <isin value="US685312LD03"/>
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          <maturityDt>2024-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>W DELAWARE CNTY IA CMNTY SCH D</name>
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          <isin value="US952480AU54"/>
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        <name>S JERSEY NJ TRANSPRTN AUTH TRA</name>
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          <maturityDt>2052-11-01</maturityDt>
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          <maturityDt>2037-07-15</maturityDt>
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        <name>CLG IA CMNTY SCH DIST SCH INFR</name>
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        <name>CHICAGO IL O'HARE INTERNATIONA</name>
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          <maturityDt>2045-01-01</maturityDt>
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        <name>PENNSYLVANIA ST ECON DEV FINGA</name>
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          <isin value="US70870EEA38"/>
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        <balance>775000.00000000</balance>
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        <debtSec>
          <maturityDt>2031-01-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LA SALLE CNTY IL CMNTY UNIT SC</name>
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        <cusip>504396HD7</cusip>
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          <isin value="US504396HD76"/>
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        <curCd>USD</curCd>
        <valUSD>2056252.14000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-12-01</maturityDt>
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      <invstOrSec>
        <name>PENNSYLVANIA ST ECON DEV FING</name>
        <lei>N/A</lei>
        <title>Pennsylvania Economic Development Financing Authority</title>
        <cusip>70868YAT6</cusip>
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          <isin value="US70868YAT64"/>
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        <curCd>USD</curCd>
        <valUSD>3995238.29000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SANGAMON &amp; MORGAN CNTYS IL CMN</name>
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        <cusip>800803DU9</cusip>
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          <isin value="US800803DU94"/>
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        <curCd>USD</curCd>
        <valUSD>1884178.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OHIO ST PRIVATE ACTIVITY REVEN</name>
        <lei>5493005LEB5E170OMX59</lei>
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          <isin value="US67759YAH09"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1009279.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-31</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>TEXAS ST PUBLIC FIN AUTH REVEN</name>
        <lei>N/A</lei>
        <title>Texas Public Finance Authority</title>
        <cusip>88277PBD6</cusip>
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          <isin value="US88277PBD69"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>536267.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HARRIS CNTY TX MUNI UTILITY DI</name>
        <lei>N/A</lei>
        <title>Harris County Municipal Utility District No 171</title>
        <cusip>41423THN2</cusip>
        <identifiers>
          <isin value="US41423THN28"/>
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        <balance>905000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1049037.63000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WOODBURY NJ SCH DIST</name>
        <lei>N/A</lei>
        <title>Woodbury School District</title>
        <cusip>979166EA9</cusip>
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          <isin value="US979166EA90"/>
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        <balance>1020000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1022596.51000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COLORADO ST WTR RESOURCES &amp; PW</name>
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        <title>Colorado Water Resources &amp; Power Development Authority</title>
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          <isin value="US19679RTM24"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>567815.70000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST HGR EDUCTNL FA</name>
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        <title>Pennsylvania Higher Educational Facilities Authority</title>
        <cusip>70917RKC8</cusip>
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          <isin value="US70917RKC87"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>84058.30000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.34700000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST TURNPIKE AUTH TU</name>
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        <title>New Jersey Turnpike Authority</title>
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          <isin value="US646139ZY47"/>
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        <balance>3375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3451512.94000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CASTLE OAKS CO MET DIST #3</name>
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          <isin value="US14846XAP15"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-12-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <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="US45469NDZ87"/>
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          <maturityDt>2031-05-01</maturityDt>
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        <name>LOUISIANA ST LOCAL GOVT ENVRNM</name>
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          <isin value="US5462828H06"/>
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          <maturityDt>2031-08-01</maturityDt>
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        <name>ROCKETT TX SPL UTILITY DIST</name>
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          <isin value="US773138GR75"/>
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          <maturityDt>2025-07-10</maturityDt>
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        <name>MILWAUKEE WI</name>
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          <maturityDt>2030-04-01</maturityDt>
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        <name>TEXAS ST TECH CLG SYS FING SYS</name>
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          <isin value="US88276RFG20"/>
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        <name>IDAHO ST HSG &amp; FIN ASSN NONPRO</name>
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        <title>Idaho Housing &amp; Finance Association</title>
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          <isin value="US45129GKL85"/>
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        <name>GEORGETOWN TX INDEP SCH DIST</name>
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      <invstOrSec>
        <name>VINEYARD REDEV AGY UT TAX INCR</name>
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        <name>LEHIGH CNTY PA GEN PURPOSE HOS</name>
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          <maturityDt>2039-07-01</maturityDt>
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        <name>FORT BEND CNTY TX MUNI UTIL DI</name>
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          <isin value="US34683LRE82"/>
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          <maturityDt>2028-03-01</maturityDt>
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          <annualizedRt>6.50000000</annualizedRt>
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        <name>PIEDMONT SC MUNI PWR AGY ELEC</name>
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        <name>CHICAGO IL BRD OF EDU</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-01</maturityDt>
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        <name>PARK 70 CO MET DIST</name>
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          <isin value="US70014RAP29"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-12-01</maturityDt>
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      <invstOrSec>
        <name>DE SMET SD SCH DIST #38-2</name>
        <lei>N/A</lei>
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          <isin value="US250593DA58"/>
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        <name>PORT AUTH OF NEW YORK &amp; NEW JE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HARRIS CNTY TX MUNI UTILITY DI</name>
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        <title>Harris County Municipal Utility District No 489</title>
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        <name>COLORADO EDUCTNL &amp; CULTURAL AU</name>
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        <name>MAINE HLTH &amp; HGR EDUCTNL FACS</name>
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        <name>GLENDALE AZ TRANSPRTN EXCISE T</name>
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        <name>HARRIS CNTY TX MUNI UTILITY DI</name>
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        <name>CHRISTIAN CNTY KY SCH DIST FIN</name>
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        <name>GUADALUPE-BLANCO TX RIVER AUTH</name>
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        <name>STERLING IL</name>
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          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>MONROE WI SCH DIST</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2043-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>AMHERST NY DEV CORP</name>
        <lei>N/A</lei>
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          <isin value="US03135NBH35"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-10-01</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>RENO CNTY KS UNIF SCH DIST #30</name>
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          <isin value="US759805CX07"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WILL CNTY IL CMNTY UNIT SCH DI</name>
        <lei>N/A</lei>
        <title>Will County Community Unit School District No 201-U Crete-Monee</title>
        <cusip>969003QF2</cusip>
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          <isin value="US969003QF24"/>
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        <curCd>USD</curCd>
        <valUSD>877449.45000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COMAL CNTY TX WTR CONTROL &amp; IM</name>
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        <title>Comal County Water Control &amp; Improvement District No 6</title>
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          <isin value="US199819HC00"/>
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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>2046-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LONG BEACH NY</name>
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          <isin value="US542519EQ27"/>
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        <curCd>USD</curCd>
        <valUSD>333095.31000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SALES TAX SECURITIZATION CORP</name>
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        <title>Sales Tax Securitization Corp</title>
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          <isin value="US79467BCX10"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KAUFMAN CNTY TX MUNI UTILITY D</name>
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        <title>Kaufman County Municipal Utility District No 3</title>
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          <isin value="US48620ABX37"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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      <invstOrSec>
        <name>BERLIN BORO NJ SCH DIST</name>
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        <title>Berlin Borough School District</title>
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          <isin value="US084766CU67"/>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>HARRIS CNTY TX MUNI UTILITY DI</name>
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        <title>Harris County Municipal Utility District No 489</title>
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          <isin value="US41423LKR68"/>
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          <maturityDt>2027-09-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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        <name>CLOVIS CA UNIF SCH DIST</name>
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        <title>Clovis Unified School District</title>
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          <isin value="US189342WE48"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>SANGAMON &amp; MORGAN CNTYS IL CMN</name>
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      <invstOrSec>
        <name>CLARK CNTY NV SCH DIST</name>
        <lei>N/A</lei>
        <title>Clark County School District</title>
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          <isin value="US181059U200"/>
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          <maturityDt>2028-06-15</maturityDt>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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          <isin value="US59261ACH86"/>
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      <invstOrSec>
        <name>GALVESTON CNTY TX MUNI UTILITY</name>
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        <name>MARYLAND ST</name>
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        <invCountry>US</invCountry>
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        <debtSec>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST PWR AUTH GREEN TRA</name>
        <lei>I5P1GEYFGGMMDOFX2L30</lei>
        <title>New York Power Authority</title>
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          <isin value="US65000XAV29"/>
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        <curCd>USD</curCd>
        <valUSD>2508252.63000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>HARRIS CNTY TX MUNI UTILITY DI</name>
        <lei>N/A</lei>
        <title>Harris County Municipal Utility District No 423</title>
        <cusip>41429KDN9</cusip>
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          <isin value="US41429KDN90"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>371455.04000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>GEORGETOWN TX UTILITY SYS REVE</name>
        <lei>N/A</lei>
        <title>City of Georgetown TX Utility System Revenue</title>
        <cusip>373064T20</cusip>
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          <isin value="US373064T200"/>
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        <balance>960000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1045697.95000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2048-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CRYSTAL VLY CO MET DIST #2</name>
        <lei>N/A</lei>
        <title>Crystal Valley Metropolitan District No 2</title>
        <cusip>22941LAW9</cusip>
        <identifiers>
          <isin value="US22941LAW90"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>992263.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SHAWANO WI ELEC SYS REVENUE</name>
        <lei>N/A</lei>
        <title>City of Shawano WI Electric System Revenue</title>
        <cusip>820418AC5</cusip>
        <identifiers>
          <isin value="US820418AC52"/>
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        <balance>1655000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1790990.69000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-01</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>CALUMET CITY IL</name>
        <lei>N/A</lei>
        <title>City of Calumet City IL</title>
        <cusip>131393TW0</cusip>
        <identifiers>
          <isin value="US131393TW09"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1006349.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BURBANK GLENDALE PASADENA CA A</name>
        <lei>N/A</lei>
        <title>Burbank-Glendale-Pasadena Airport Authority Brick Campaign</title>
        <cusip>120827DX5</cusip>
        <identifiers>
          <isin value="US120827DX54"/>
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        <balance>5105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5081133.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>MAINE HLTH &amp; HGR EDUCTNL FACS</name>
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        <title>Maine Health &amp; Higher Educational Facilities Authority</title>
        <cusip>56042R8J4</cusip>
        <identifiers>
          <isin value="US56042R8J43"/>
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        <balance>1180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1321573.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO IL WTRWKS REVENUE</name>
        <lei>N/A</lei>
        <title>City of Chicago IL Waterworks Revenue</title>
        <cusip>167736W29</cusip>
        <identifiers>
          <isin value="US167736W298"/>
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        <balance>3350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3725471.69000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MET WASHINGTON DC ARPTS AUTH D</name>
        <lei>N/A</lei>
        <title>Metropolitan Washington Airports Authority Dulles Toll Road Revenue</title>
        <cusip>592643DH0</cusip>
        <identifiers>
          <isin value="US592643DH07"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1901892.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-10-01</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>OSCEOLA CNTY FL TRANSPRTN REVE</name>
        <lei>N/A</lei>
        <title>County of Osceola FL Transportation Revenue</title>
        <cusip>688031FL2</cusip>
        <identifiers>
          <isin value="US688031FL21"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>607089.75000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-10-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HARTFORD CT</name>
        <lei>N/A</lei>
        <title>City of Hartford CT</title>
        <cusip>416415GV3</cusip>
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          <isin value="US416415GV38"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>61068.66000000</valUSD>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO IL WSTWTR TRANSMISSION</name>
        <lei>N/A</lei>
        <title>City of Chicago IL Wastewater Transmission Revenue</title>
        <cusip>167727HT6</cusip>
        <identifiers>
          <isin value="US167727HT66"/>
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        <balance>1415000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1347707.69000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK CITY NY INDL DEV AGY</name>
        <lei>549300XR20ZR5DHL9534</lei>
        <title>New York City Industrial Development Agency</title>
        <cusip>64971PKK0</cusip>
        <identifiers>
          <isin value="US64971PKK02"/>
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        <balance>1265000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>975510.95000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2049-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NORTHERN IL UNIV REVENUES</name>
        <lei>N/A</lei>
        <title>Northern Illinois University</title>
        <cusip>665245ZK5</cusip>
        <identifiers>
          <isin value="US665245ZK51"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>393534.24000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2040-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BRANDON SD WTR SURCHARGE REVEN</name>
        <lei>N/A</lei>
        <title>City of Brandon SD Water Utility Revenue</title>
        <cusip>10530AAQ8</cusip>
        <identifiers>
          <isin value="US10530AAQ85"/>
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        <balance>1470000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1492951.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PITTSBURGH PA WTR &amp; SWR AUTH</name>
        <lei>54930034DVH6W22T1E86</lei>
        <title>Pittsburgh Water &amp; Sewer Authority</title>
        <cusip>725304WV7</cusip>
        <identifiers>
          <isin value="US725304WV77"/>
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        <balance>1420000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1606070.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO IL TRANSIT AUTH SALES</name>
        <lei>N/A</lei>
        <title>Chicago Transit Authority Sales Tax Receipts Fund</title>
        <cusip>16772PCF1</cusip>
        <identifiers>
          <isin value="US16772PCF18"/>
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        <balance>4700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4500501.92000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>Massachusetts Development Finance Agency</title>
        <cusip>57584YD22</cusip>
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          <isin value="US57584YD223"/>
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        <curCd>USD</curCd>
        <valUSD>1507377.33000000</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>2045-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEWARK NJ PKG AUTH LEASE REVEN</name>
        <lei>549300GCUIIQ6TYN0S75</lei>
        <title>Newark Parking Authority/The</title>
        <cusip>650392AK9</cusip>
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          <isin value="US650392AK95"/>
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        <curCd>USD</curCd>
        <valUSD>531476.75000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WISCONSIN CENTER DIST WI TAX R</name>
        <lei>N/A</lei>
        <title>Wisconsin Center District</title>
        <cusip>976595EU8</cusip>
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          <isin value="US976595EU85"/>
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        <balance>1150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>665327.33000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BOONE &amp; WINNEBAGO CNTYS IL CMN</name>
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        <title>Boone &amp; Winnebago Counties Community Unit School District No 200</title>
        <cusip>098590FA5</cusip>
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          <isin value="US098590FA52"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>492637.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BRAZORIA CNTY TX MUNI UTILITY</name>
        <lei>N/A</lei>
        <title>Brazoria County Municipal Utility District No 22</title>
        <cusip>10605QKE9</cusip>
        <identifiers>
          <isin value="US10605QKE97"/>
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        <balance>895000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>855765.62000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>BERLIN BORO NJ SCH DIST</name>
        <lei>N/A</lei>
        <title>Berlin Borough School District</title>
        <cusip>084766CW2</cusip>
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          <isin value="US084766CW24"/>
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        <balance>1310000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1321747.43000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DAVENPORT IA CMNTY SCH DISTS S</name>
        <lei>N/A</lei>
        <title>Davenport Community School District Infrastructure Sales Services &amp; Use Tax</title>
        <cusip>23841QBN6</cusip>
        <identifiers>
          <isin value="US23841QBN60"/>
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        <balance>3395000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3385986.61000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TRI-CREEK IN 2002 HIGH SCH BLD</name>
        <lei>N/A</lei>
        <title>Tri-Creek 2002 High School Building Corp</title>
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        <identifiers>
          <isin value="US89556GJF37"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3381607.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GEORGETOWN TX INDEP SCH DIST</name>
        <lei>N/A</lei>
        <title>Georgetown Independent School District</title>
        <cusip>373046YW5</cusip>
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          <isin value="US373046YW50"/>
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        <balance>2220000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1923120.29000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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        <name>TWIN RIVERS CA UNIF SCH DIST</name>
        <lei>N/A</lei>
        <title>Twin Rivers Unified School District</title>
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          <isin value="US90171TDG22"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>924287.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-08-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>CHAFFEY CA JT UNION HIGH SCH D</name>
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        <title>Chaffey Joint Union High School District</title>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>MONTGOMERY CNTY TX MUNI UTIL D</name>
        <lei>N/A</lei>
        <title>Montgomery County Municipal Utility District No 95</title>
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          <isin value="US61370NMK62"/>
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          <maturityDt>2041-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>SALT LAKE CITY UT ARPT REVENUE</name>
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          <isin value="US795576LC93"/>
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          <maturityDt>2051-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>PHILADELPHIA PA SCH DIST</name>
        <lei>254900HSKDHZKBZCUL90</lei>
        <title>School District of Philadelphia/The</title>
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          <isin value="US717883XU16"/>
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        <balance>5000.00000000</balance>
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        <valUSD>5206.88000000</valUSD>
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          <maturityDt>2027-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>KENTUCKY BOND DEV CORP INDL BL</name>
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        <balance>2900000.00000000</balance>
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          <maturityDt>2049-09-01</maturityDt>
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        <name>TOLEDO OH</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>WAYNE CNTY MI ARPT AUTH REVENU</name>
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          <isin value="US944514L227"/>
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        <balance>3620000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <lei>549300C8XO7EXTX2XU71</lei>
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      <invstOrSec>
        <name>BLACK BELT ENERGY GAS DIST AL</name>
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        <name>OAK GROVE CA SCH DIST</name>
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      <invstOrSec>
        <name>HARRIS CNTY TX WC&amp;ID #158</name>
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          <isin value="US41453EAF25"/>
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        <name>CHARLOTTE-MECKLENBURG NC HOSPA</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-01-15</maturityDt>
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        <name>LAFAYETTE LA UTILITIES REVENUE</name>
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      <invstOrSec>
        <name>HARRIS CNTY TX MUNI UTILITY DI</name>
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        <title>Harris County Municipal Utility District No 423</title>
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          <isin value="US41429KDQ22"/>
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      <invstOrSec>
        <name>RIVER ISLANDS CA PUBLIC FING A</name>
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      <invstOrSec>
        <name>KENTUCKY ST MUNI PWR AGY PWR S</name>
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        <name>PITTSBURGH PA WTR &amp; SWR AUTH</name>
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        <name>HARRIS CNTY TX MUNI UTILITY DI</name>
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        <name>LEANDER TX MUNI UTILITY DIST #</name>
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        <name>WILL CNTY IL SCH DIST #114 MAN</name>
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        <name>SAINT LOUIS MO MUNI FIN CORP</name>
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        <name>LAKE HAVASU CITY AZ WSTWTR SYS</name>
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        <name>GOLD HILL MESA MET DIST #2 CO</name>
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        <name>FORT BEND CNTY TX MUNI UTILITY</name>
        <lei>N/A</lei>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CLOVERLEAF OH LOCAL SCH DIST C</name>
        <lei>N/A</lei>
        <title>Cloverleaf Local School District</title>
        <cusip>18925PGP7</cusip>
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          <isin value="US18925PGP71"/>
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        <curCd>USD</curCd>
        <valUSD>1887833.47000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>EVANSVILLE IN WTRWKS DIST REVE</name>
        <lei>N/A</lei>
        <title>Evansville Waterworks District</title>
        <cusip>299488GY6</cusip>
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          <isin value="US299488GY60"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1000236.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NORTH CAROLINA ST TURNPIKE AUT</name>
        <lei>549300FCT1PN0GJGQ240</lei>
        <title>North Carolina Turnpike Authority</title>
        <cusip>65830RDE6</cusip>
        <identifiers>
          <isin value="US65830RDE62"/>
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        <balance>7000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1792159.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey Transportation Trust Fund Authority</title>
        <cusip>6461365Q0</cusip>
        <identifiers>
          <isin value="US6461365Q05"/>
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        <balance>2480000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2411357.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TULPEHOCKEN PA SCH DIST</name>
        <lei>N/A</lei>
        <title>Tulpehocken Area School District</title>
        <cusip>899491NK6</cusip>
        <identifiers>
          <isin value="US899491NK69"/>
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        <balance>3755000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4005833.62000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SUFFOLK VA</name>
        <lei>N/A</lei>
        <title>City of Suffolk VA</title>
        <cusip>86481AAT1</cusip>
        <identifiers>
          <isin value="US86481AAT16"/>
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        <balance>1330000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>985729.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.87500000</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>MET TRANSPRTN AUTH NY REVENUE</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>Metropolitan Transportation Authority</title>
        <cusip>59261AK48</cusip>
        <identifiers>
          <isin value="US59261AK486"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>582931.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BRAZORIA CNTY TX MUNI UTILITY</name>
        <lei>N/A</lei>
        <title>Brazoria County Municipal Utility District No 22</title>
        <cusip>10605QKD1</cusip>
        <identifiers>
          <isin value="US10605QKD15"/>
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        <balance>800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>770482.16000000</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>2043-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp</title>
        <cusip>650116GZ3</cusip>
        <identifiers>
          <isin value="US650116GZ30"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2073935.00000000</valUSD>
        <pctVal>0.442069471748</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N HUDSON NJ SEWERAGE AUTH SWR</name>
        <lei>N/A</lei>
        <title>North Hudson Sewerage Authority/NJ</title>
        <cusip>660040AW6</cusip>
        <identifiers>
          <isin value="US660040AW62"/>
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        <balance>1450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1404842.22000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>RHODE ISLAND ST HLTH &amp; EDUCTNL</name>
        <lei>N/A</lei>
        <title>Rhode Island Health and Educational Building Corp</title>
        <cusip>762196JL8</cusip>
        <identifiers>
          <isin value="US762196JL88"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1013637.10000000</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>2025-05-15</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>GREEN OH LOCAL SCH DIST SUMMIT</name>
        <lei>N/A</lei>
        <title>Green Local School District/Summit County</title>
        <cusip>393192AP4</cusip>
        <identifiers>
          <isin value="US393192AP40"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3236346.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MONTGOMERY CNTY TX MUNI UTILIT</name>
        <lei>N/A</lei>
        <title>Montgomery County Municipal Utility District No 99</title>
        <cusip>61370WKN2</cusip>
        <identifiers>
          <isin value="US61370WKN29"/>
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        <balance>1550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1709056.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WILLIAMSON-LIBERTY HILL MUNI U</name>
        <lei>N/A</lei>
        <title>Williamson-Liberty Hill Municipal Utility District</title>
        <cusip>97002PFY9</cusip>
        <identifiers>
          <isin value="US97002PFY97"/>
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        <balance>1675000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1820883.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>GTR ASHEVILLE REGL ARPT AUTH N</name>
        <lei>N/A</lei>
        <title>Greater Asheville Regional Airport Authority</title>
        <cusip>39160CAT4</cusip>
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          <isin value="US39160CAT45"/>
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        <balance>1675000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1819401.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MET WASHINGTON DC ARPTS AUTH D</name>
        <lei>N/A</lei>
        <title>Metropolitan Washington Airports Authority Dulles Toll Road Revenue</title>
        <cusip>592643DQ0</cusip>
        <identifiers>
          <isin value="US592643DQ06"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>822946.65000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AUBREY TX SPL ASSMNT</name>
        <lei>N/A</lei>
        <title>City of Aubrey TX</title>
        <cusip>050197BE1</cusip>
        <identifiers>
          <isin value="US050197BE19"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1090213.30000000</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>2040-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GREAT LAKES MI WTR AUTH WTR SP</name>
        <lei>N/A</lei>
        <title>Great Lakes Water Authority Water Supply System Revenue</title>
        <cusip>39081JBG2</cusip>
        <identifiers>
          <isin value="US39081JBG22"/>
        </identifiers>
        <balance>2475000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2522963.03000000</valUSD>
        <pctVal>0.537782010484</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DENTON TX INDEP SCH DIST</name>
        <lei>5493005I9W678SUI0Z07</lei>
        <title>Denton Independent School District</title>
        <cusip>249002HH2</cusip>
        <identifiers>
          <isin value="US249002HH21"/>
        </identifiers>
        <balance>3000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2123622.00000000</valUSD>
        <pctVal>0.452660500803</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>READING PA SCH DIST</name>
        <lei>N/A</lei>
        <title>Reading School District</title>
        <cusip>755638QK2</cusip>
        <identifiers>
          <isin value="US755638QK23"/>
        </identifiers>
        <balance>640000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>511684.42000000</valUSD>
        <pctVal>0.109068057220</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</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>CHATTANOOGA TN HLTH EDUCTNL &amp;H</name>
        <lei>N/A</lei>
        <title>Chattanooga Health Educational &amp; Housing Facility Board</title>
        <cusip>162410DQ4</cusip>
        <identifiers>
          <isin value="US162410DQ41"/>
        </identifiers>
        <balance>550000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>556163.25000000</valUSD>
        <pctVal>0.118548939158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-01</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>MIAMI-DADE CNTY FL SPL OBLIG</name>
        <lei>549300QG0NBD9HULR263</lei>
        <title>County of Miami-Dade FL</title>
        <cusip>59333NXP3</cusip>
        <identifiers>
          <isin value="US59333NXP31"/>
        </identifiers>
        <balance>290000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>111441.14000000</valUSD>
        <pctVal>0.023754228503</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-10-01</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>WILLIAM S HART CA UNION HIGH S</name>
        <lei>N/A</lei>
        <title>William S Hart Union High School District</title>
        <cusip>969275PS9</cusip>
        <identifiers>
          <isin value="US969275PS96"/>
        </identifiers>
        <balance>2345000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1998241.80000000</valUSD>
        <pctVal>0.425935092928</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</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>
    </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>2024-09-25</ncom:dateSigned>
      <ncom:nameOfApplicant>New York Life Investments Active ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Adefolahan Oyefeso</ncom:signature>
      <ncom:signerName>Adefolahan Oyefeso</ncom:signerName>
      <ncom:title>Director and Vice President, IndexIQ</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
