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          <maturityDt>2039-12-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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          <maturityDt>2027-01-01</maturityDt>
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        <name>NEW YORK NY CITY TRANSITIONAL</name>
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        <name>PUBLIC FIN AUTH WI STUDENT HSG</name>
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          <isCashCollateral>N</isCashCollateral>
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        <name>WALTON CNTY GA WTR &amp; SWR AUTH</name>
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        <curCd>USD</curCd>
        <valUSD>487888.11000000</valUSD>
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          <maturityDt>2040-02-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>ADAMS CO 12 FIVE STAR SCHS</name>
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        <title>Adams 12 Five Star Schools</title>
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        <curCd>USD</curCd>
        <valUSD>3816231.30000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>SAN JOAQUIN HILLS CA TRANSPRTN</name>
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          <isin value="US798111GD61"/>
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        <curCd>USD</curCd>
        <valUSD>100022.95000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-01-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>NORTH CAROLINA HSG FIN AGY HOM</name>
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        <cusip>65820BBB1</cusip>
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          <isin value="US65820BBB18"/>
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        <balance>1330000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1324918.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.20000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>Main Street Natural Gas Inc</title>
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          <isin value="US56035DFC11"/>
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        <curCd>USD</curCd>
        <valUSD>1302840.63000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MICHIGAN ST FIN AUTH REVENUE</name>
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        <title>Michigan Finance Authority</title>
        <cusip>59447THF3</cusip>
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          <isin value="US59447THF30"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ROCK ISLAND &amp; MERCER CNTYS ILC</name>
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          <isin value="US772283EB96"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MINNESOTA ST HSG FIN AGY</name>
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        <title>Minnesota Housing Finance Agency</title>
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          <isin value="US60416UML60"/>
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        <balance>1130000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-07-01</maturityDt>
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          <annualizedRt>6.25000000</annualizedRt>
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        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
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        <title>Kentucky Public Energy Authority</title>
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          <isin value="US74440DCM48"/>
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        <balance>2325000.00000000</balance>
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          <maturityDt>2050-02-01</maturityDt>
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        <name>HAMDEN CT</name>
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          <maturityDt>2032-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>COLORADO ST HSG &amp; FIN AUTH</name>
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          <maturityDt>2029-10-01</maturityDt>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
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        <title>Illinois Finance Authority</title>
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          <isin value="US45204FC943"/>
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          <maturityDt>2043-07-01</maturityDt>
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        <name>BLACK BELT ENERGY GAS DIST AL</name>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>PUERTO RICO INDL TOURIST EDUCT</name>
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          <maturityDt>2028-07-01</maturityDt>
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        <name>MARYLAND CMNTY DEV ADMIN HSG &amp;</name>
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        <title>Maryland Department of Housing &amp; Community Development</title>
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          <maturityDt>2056-03-01</maturityDt>
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        <name>KENTUCKY ST MUNI ENERGY AGY PW</name>
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        <title>Kentucky Municipal Energy Agency</title>
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        <title>California Statewide Communities Development Authority</title>
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        <name>RICHMOND MI CMNTY SCHS</name>
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          <maturityDt>2036-05-01</maturityDt>
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        <name>SABINE-NECHES NAV DIST TX</name>
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        <name>NEWPORT NEWS VA WTR REVENUE</name>
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          <isin value="US652282DL58"/>
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          <maturityDt>2036-07-15</maturityDt>
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        <name>ILLINOIS ST TOLL HIGHWAY AUTH</name>
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        <title>Illinois State Toll Highway Authority</title>
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        <name>WALTON CNTY GA WTR &amp; SWR AUTH</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WRIGHT CITY MO SCH DIST #R-2</name>
        <lei>N/A</lei>
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          <isin value="US982260HR55"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-03-01</maturityDt>
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        <name>CALIFORNIA ST</name>
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          <isin value="US13063CX548"/>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
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        <title>Maricopa County Industrial Development Authority</title>
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          <isin value="US56681NCL91"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
        <cusip>45204FC86</cusip>
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          <isin value="US45204FC869"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>533379.70000000</valUSD>
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          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>GEORGETOWN TX INDEP SCH DIST</name>
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        <title>Georgetown Independent School District</title>
        <cusip>373046ZC8</cusip>
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          <isin value="US373046ZC87"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-08-15</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST ENTERPRISE DEV A</name>
        <lei>549300544P6FSHU1HB46</lei>
        <title>California Enterprise Development Authority</title>
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          <isin value="US13067RFS76"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-08-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALLEGHENY CNTY PA SAN AUTH</name>
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        <title>Allegheny County Sanitary Authority</title>
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          <isin value="US017357A796"/>
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        <balance>500000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JEA FL WTR &amp; SWR REVENUE</name>
        <lei>N/A</lei>
        <title>JEA Water &amp; Sewer System Revenue</title>
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          <isin value="US46615SFN36"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>1052862.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>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>
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      <invstOrSec>
        <name>GUADALUPE-BLANCO TX RIVER AUTH</name>
        <lei>N/A</lei>
        <title>Guadalupe-Blanco River Authority</title>
        <cusip>400525AT8</cusip>
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          <isin value="US400525AT88"/>
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        <balance>1980000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>CONNECTICUT ST HLTH &amp; EDUCTNL</name>
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        <title>Connecticut State Health &amp; Educational Facilities Authority</title>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW YORK CITY NY MUNI WTR FIN</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>New York City Municipal Water Finance Authority</title>
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          <isin value="US64972GN672"/>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>RICHMOND MI CMNTY SCHS</name>
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        <title>Richmond Community Schools/MI</title>
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          <isin value="US765177CV06"/>
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      <invstOrSec>
        <name>TAMPA BAY FL WTR REGL WTR SPLY</name>
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          <isin value="US875124HW27"/>
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        <name>WINCHESTER VA ECON DEV AUTH RE</name>
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        <name>UTAH INFRASTRUCTURE AGY TELECO</name>
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        <name>GAINESVILLE &amp; HALL CNTY GA HOS</name>
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        <name>CALIFORNIA ST</name>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2025-08-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW BRITAIN CT</name>
        <lei>549300MERJSUOPGAV271</lei>
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          <isin value="US642714BP30"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ASHLAND KY MED CENTER REVENUE</name>
        <lei>N/A</lei>
        <title>City of Ashland KY</title>
        <cusip>044293BF4</cusip>
        <identifiers>
          <isin value="US044293BF48"/>
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        <curCd>USD</curCd>
        <valUSD>500038.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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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>
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          <isin value="US41429KDL35"/>
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        <curCd>USD</curCd>
        <valUSD>315562.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KELSEYVILLE CA UNIF SCH DIST</name>
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          <isin value="US488224DN31"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>118891.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK CITY NY MUNI WTR FIN</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>New York City Municipal Water Finance Authority</title>
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          <isin value="US64972GK785"/>
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        <curCd>USD</curCd>
        <valUSD>1042184.30000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MICHIGAN ST FIN AUTH REVENUE</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority</title>
        <cusip>59447T8C0</cusip>
        <identifiers>
          <isin value="US59447T8C02"/>
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        <balance>1505000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1505226.20000000</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>Variable</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST HSG FIN AGY SF</name>
        <lei>549300JZVUPNWP77SP29</lei>
        <title>Pennsylvania Housing Finance Agency</title>
        <cusip>70879QQA4</cusip>
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          <isin value="US70879QQA49"/>
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        <balance>965000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>932576.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BURKE CNTY GA DEV AUTH POLL CO</name>
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        <title>Development Authority of Burke County/The</title>
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          <isin value="US121342QL65"/>
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        <balance>1585000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1572708.48000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WISCONSIN ST HSG &amp; ECON DEV AU</name>
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        <title>Wisconsin Housing &amp; Economic Development Authority Home Ownership Revenue</title>
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        <identifiers>
          <isin value="US97689QUW40"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>471041.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOS ANGELES CA DEPT OF WTR &amp; P</name>
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        <balance>515000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>538693.09000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>GREAT LAKES MI WTR AUTH WTR SP</name>
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        <title>Great Lakes Water Authority Water Supply System Revenue</title>
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          <isin value="US39081JBF49"/>
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        <balance>1500000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>WRIGHT CITY MO SCH DIST #R-2</name>
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        <title>Wright City R-II School District</title>
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          <isin value="US982260HM68"/>
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        <name>NEW YORK ST DORM AUTH ST PERSO</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
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          <isin value="US64990FL365"/>
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        <name>NASSAU CNTY NY</name>
        <lei>549300ICRCGQYCPS7T40</lei>
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        <name>ILLINOIS ST TOLL HIGHWAY AUTH</name>
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        <title>Illinois State Toll Highway Authority</title>
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        <balance>2130000.00000000</balance>
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        <name>UTAH INFRASTRUCTURE AGY TELECO</name>
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        <title>Utah Infrastructure Agency</title>
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        <name>SAN ANTONIO TX ELEC &amp; GAS REVE</name>
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        <title>City of San Antonio TX Electric &amp; Gas Systems Revenue</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N WSTRN IN SCH BLDG CORP</name>
        <lei>N/A</lei>
        <title>Northwestern School Building Corp</title>
        <cusip>668265EM9</cusip>
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          <isin value="US668265EM95"/>
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        <curCd>USD</curCd>
        <valUSD>665988.12000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
        <lei>254900I3VDCQ58UGBR15</lei>
        <title>Metropolitan Pier &amp; Exposition Authority</title>
        <cusip>592250FH2</cusip>
        <identifiers>
          <isin value="US592250FH25"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1544965.65000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WASHINGTON ST</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>State of Washington</title>
        <cusip>93974EF50</cusip>
        <identifiers>
          <isin value="US93974EF500"/>
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        <balance>1420000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1517242.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LOS ANGELES CA DEPT OF WTR &amp; P</name>
        <lei>549300S8NXV6YU61GG95</lei>
        <title>Los Angeles Department of Water &amp; Power</title>
        <cusip>544532AL8</cusip>
        <identifiers>
          <isin value="US544532AL82"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>112888.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SEATTLE WA HSG AUTH</name>
        <lei>5493003LM6XXXMFX5M88</lei>
        <title>Seattle Housing Authority</title>
        <cusip>812636ML9</cusip>
        <identifiers>
          <isin value="US812636ML92"/>
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        <balance>270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>260267.07000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHERRY CREEK CO SCH DIST #5</name>
        <lei>N/A</lei>
        <title>Arapahoe County School District No 5 Cherry Creek</title>
        <cusip>164555BR4</cusip>
        <identifiers>
          <isin value="US164555BR43"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>486122.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CONNECTICUT ST</name>
        <lei>N/A</lei>
        <title>State of Connecticut</title>
        <cusip>20772KBF5</cusip>
        <identifiers>
          <isin value="US20772KBF57"/>
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        <balance>5500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5625032.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>MISSOURI ST ENVRNMNTL IMPT &amp; E</name>
        <lei>N/A</lei>
        <title>Missouri State Environmental Improvement &amp; Energy Resources Authority</title>
        <cusip>606907BH5</cusip>
        <identifiers>
          <isin value="US606907BH57"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2662554.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.90000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JOLIET IL</name>
        <lei>N/A</lei>
        <title>City of Joliet IL</title>
        <cusip>479754NP4</cusip>
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          <isin value="US479754NP42"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1058734.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TRIBOROUGH NY BRIDGE &amp; TUNNEL</name>
        <lei>54930020ZN4LQF7K3456</lei>
        <title>Triborough Bridge &amp; Tunnel Authority</title>
        <cusip>89602HFA0</cusip>
        <identifiers>
          <isin value="US89602HFA05"/>
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        <balance>1345000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1265543.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-05-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>OHIO ST HSG FIN AGY RSDL MTGE</name>
        <lei>549300K10X7VPG6JVX38</lei>
        <title>Ohio Housing Finance Agency</title>
        <cusip>67756UCK2</cusip>
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          <isin value="US67756UCK25"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1096283.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PASCO CNTY FL CAPITAL IMPT CIG</name>
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        <title>County of Pasco FL</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GREAT LAKES MI WTR AUTH WTR SP</name>
        <lei>N/A</lei>
        <title>Great Lakes Water Authority Water Supply System Revenue</title>
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          <isin value="US39081JAA60"/>
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        <balance>500000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>AMARILLO TX WTRWKS &amp; SWR SYS R</name>
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        <title>City of Amarillo TX Waterworks &amp; Sewer System Revenue</title>
        <cusip>023108RL9</cusip>
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          <isin value="US023108RL90"/>
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        <balance>1360000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-04-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>JESUP IA CMNTY SCH DIST</name>
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        <title>Jesup Community School District</title>
        <cusip>477070BL9</cusip>
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          <isin value="US477070BL90"/>
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        <balance>490000.00000000</balance>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>SABINE-NECHES NAV DIST TX</name>
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        <title>Sabine-Neches Navigation District</title>
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          <isin value="US78532EAP79"/>
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        <valUSD>1067140.70000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2037-02-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>CORPUS CHRISTI TX UTILITY SYSR</name>
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        <title>City of Corpus Christi TX Utility System Revenue</title>
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          <isin value="US220245Z728"/>
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        <balance>1000000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>TRIBOROUGH NY BRIDGE &amp; TUNNEL</name>
        <lei>54930020ZN4LQF7K3456</lei>
        <title>Triborough Bridge &amp; Tunnel Authority</title>
        <cusip>89602N4L5</cusip>
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          <isin value="US89602N4L51"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1006526.60000000</valUSD>
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        <name>PIKE ROAD AL</name>
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        <name>BATESVILLE AR SALES &amp; USE TAX</name>
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        <name>FERNDALE MI PUBLIC SCHS</name>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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          <maturityDt>2033-11-15</maturityDt>
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        <name>PORTLAND OR SWR SYS REVENUE</name>
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          <maturityDt>2049-10-01</maturityDt>
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        <name>EUCLID OH CITY SCH DIST</name>
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          <maturityDt>2044-01-15</maturityDt>
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        <name>LOUISVILLE &amp; JEFFERSON CNTY KY</name>
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        <name>NORTH CAROLINA ST HSG FIN AGY</name>
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          <isin value="US658207X427"/>
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        <name>TEXAS ST TRANSPRTN COMMISSION</name>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
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        <name>PECOS BARSTOW TOYAH TX INDEP S</name>
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        <name>CALIFORNIA ST INFRASTRUCTURE &amp;</name>
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      </invstOrSec>
      <invstOrSec>
        <name>ARLINGTON CNTY VA INDL DEV AUT</name>
        <lei>N/A</lei>
        <title>Arlington County Industrial Development Authority</title>
        <cusip>04144PDW0</cusip>
        <identifiers>
          <isin value="US04144PDW05"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1263920.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>IOWA ST FIN AUTH SF MTGE REVEN</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>Iowa Finance Authority</title>
        <cusip>46247EDL6</cusip>
        <identifiers>
          <isin value="US46247EDL65"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1091081.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEVADA ST HIGHWAY IMPT REVENUE</name>
        <lei>N/A</lei>
        <title>State of Nevada Highway Improvement Revenue</title>
        <cusip>641480PA0</cusip>
        <identifiers>
          <isin value="US641480PA01"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>821373.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-01</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>DOUGLAS CNTY KS UNIF SCH DIST#</name>
        <lei>N/A</lei>
        <title>Douglas County Unified School District No 497 Lawrence</title>
        <cusip>259147SX5</cusip>
        <identifiers>
          <isin value="US259147SX56"/>
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        <balance>3410000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3201524.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</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>PRIV CLGS &amp; UNIVS AUTH GA</name>
        <lei>N/A</lei>
        <title>Private Colleges &amp; Universities Authority</title>
        <cusip>74265LZ50</cusip>
        <identifiers>
          <isin value="US74265LZ509"/>
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        <balance>450000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>437273.69000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-04-01</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>UPTOWN DEV AUTH TX INCR CONTRA</name>
        <lei>N/A</lei>
        <title>Uptown Development Authority</title>
        <cusip>916856GK7</cusip>
        <identifiers>
          <isin value="US916856GK77"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>501997.95000000</valUSD>
        <pctVal>0.060503158032</pctVal>
        <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>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>DELAWARE ST HSG AUTH REVENUE</name>
        <lei>N/A</lei>
        <title>Delaware State Housing Authority</title>
        <cusip>246395N60</cusip>
        <identifiers>
          <isin value="US246395N602"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1080333.30000000</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>2056-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</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>UTAH INFRASTRUCTURE AGY TELECO</name>
        <lei>549300WD2FDRNXU16V82</lei>
        <title>Utah Infrastructure Agency</title>
        <cusip>917467CG5</cusip>
        <identifiers>
          <isin value="US917467CG50"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>104759.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-15</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>ARIZONA INDL DEV AUTH STUDENT</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority</title>
        <cusip>04052VAH3</cusip>
        <identifiers>
          <isin value="US04052VAH33"/>
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        <balance>325000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>342397.09000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <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>WALTON CNTY GA WTR &amp; SWR AUTH</name>
        <lei>N/A</lei>
        <title>Walton County Water &amp; Sewer Authority</title>
        <cusip>93342PFM3</cusip>
        <identifiers>
          <isin value="US93342PFM32"/>
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        <balance>425000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>453291.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>CHICAGO IL O'HARE INTERNATIONA</name>
        <lei>N/A</lei>
        <title>Chicago O'Hare International Airport</title>
        <cusip>167593M33</cusip>
        <identifiers>
          <isin value="US167593M336"/>
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        <balance>2700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2778633.18000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NORFOLK VA ARPT AUTH REVENUE</name>
        <lei>N/A</lei>
        <title>Norfolk Airport Authority/VA</title>
        <cusip>655857DW7</cusip>
        <identifiers>
          <isin value="US655857DW79"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>157274.78000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>ROCK ISLAND &amp; MERCER CNTYS ILC</name>
        <lei>N/A</lei>
        <title>Rock Island &amp; Mercer Counties Community Unit School District No 300</title>
        <cusip>772283DW4</cusip>
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          <isin value="US772283DW43"/>
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        <balance>1025000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1081856.14000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania Turnpike Commission</title>
        <cusip>709225MT0</cusip>
        <identifiers>
          <isin value="US709225MT08"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1054092.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASSACHUSETTS ST HSG FIN AGY H</name>
        <lei>549300NLJBK1VP6K2K81</lei>
        <title>Massachusetts Housing Finance Agency</title>
        <cusip>57587GKM6</cusip>
        <identifiers>
          <isin value="US57587GKM68"/>
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        <balance>375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>366608.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.80000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JESUP IA CMNTY SCH DIST</name>
        <lei>N/A</lei>
        <title>Jesup Community School District</title>
        <cusip>477070BJ4</cusip>
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          <isin value="US477070BJ45"/>
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        <balance>440000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>440457.69000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARIZONA INDL DEV AUTH STUDENT</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority</title>
        <cusip>04052VAG5</cusip>
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          <isin value="US04052VAG59"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>316174.71000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MESQUITE TX INDEP SCH DIST</name>
        <lei>549300M7COV11VUIZE16</lei>
        <title>Mesquite Independent School District</title>
        <cusip>590760FS8</cusip>
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          <isin value="US590760FS86"/>
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        <balance>1590000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1592686.46000000</valUSD>
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        <name>MADISON MACOUPIN ETC CNTYS ILC</name>
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          <isin value="US047870NE64"/>
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          <maturityDt>2040-11-01</maturityDt>
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        <name>MATAGORDA CNTY TX NAV DIST #1</name>
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          <isin value="US576528DQ33"/>
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          <isin value="US311450GD62"/>
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        <fairValLevel>2</fairValLevel>
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        <name>HONOLULU CITY &amp; CNTY HI WSTWTR</name>
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          <isin value="US438701L447"/>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>HAWAII ST ARPTS SYS REVENUE</name>
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      <invstOrSec>
        <name>HARRIS CNTY TX MUNI UTILITY DI</name>
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        <name>VIRGINIA ST PUBLIC BLDG AUTH P</name>
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        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>ARLINGTON TX HGR EDU FIN CORP</name>
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          <isin value="US041807GT91"/>
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        <curCd>USD</curCd>
        <valUSD>1468895.11000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>BLACK BELT ENERGY GAS DIST AL</name>
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          <isin value="US09182TBZ93"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
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      <invstOrSec>
        <name>IRON CNTY UT SALES TAX REVENUE</name>
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          <isin value="US462791AV65"/>
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          <maturityDt>2049-10-01</maturityDt>
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      <invstOrSec>
        <name>INTERMOUNTAIN PWR AGY UT PWR S</name>
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          <isin value="US45884AK441"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GREAT LAKES MI WTR AUTH WTR SP</name>
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          <isin value="US39081JBG22"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-07-01</maturityDt>
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        <name>JACKSON CNTY MO SCH DIST HICKM</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-03-01</maturityDt>
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        <name>WALTON CNTY GA WTR &amp; SWR AUTH</name>
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          <maturityDt>2042-02-01</maturityDt>
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        <name>EAST RUTHERFORD NJ SCH DIST</name>
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          <maturityDt>2034-07-15</maturityDt>
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        <name>WEST VIRGINIA ST HOSP FIN AUTH</name>
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        <title>West Virginia Hospital Finance Authority</title>
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          <isin value="US956622W675"/>
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        <name>KING CNTY WA SWR REVENUE</name>
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          <isin value="US495290EF18"/>
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        <name>LOS ANGELES CA DEPT OF WTR &amp; P</name>
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        <name>CORPUS CHRISTI TX UTILITY SYSR</name>
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        <name>AUSTIN TX ELEC UTILITY SYS REV</name>
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          <isin value="US052414PU73"/>
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          <maturityDt>2045-11-15</maturityDt>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
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          <isin value="US56035DDH26"/>
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        <invCountry>US</invCountry>
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        <name>GUAM PWR AUTH REVENUE</name>
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        <name>NEW YORK NY CITY TRANSITIONAL</name>
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          <isin value="US45203HY226"/>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <name>NEW YORK ST LIBERTY DEV CORP L</name>
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          <maturityDt>2069-09-15</maturityDt>
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        <name>INDIANA CNTY PA INDL DEV AUTH</name>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW HOPE CULTURAL ED FACS FIN</name>
        <lei>N/A</lei>
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          <isin value="US64542UHA51"/>
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        <curCd>USD</curCd>
        <valUSD>2042837.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>GREAT LAKES MI WTR AUTH SEWAGE</name>
        <lei>N/A</lei>
        <title>Great Lakes Water Authority Sewage Disposal System Revenue</title>
        <cusip>39081HAS1</cusip>
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          <isin value="US39081HAS13"/>
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        <curCd>USD</curCd>
        <valUSD>1008000.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LITTLE ROCK AR SCH DIST</name>
        <lei>N/A</lei>
        <title>Little Rock School District</title>
        <cusip>537428Z49</cusip>
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          <isin value="US537428Z496"/>
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        <curCd>USD</curCd>
        <valUSD>757529.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ROCK ISLAND &amp; MERCER CNTYS ILC</name>
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          <isin value="US772283DT14"/>
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        <curCd>USD</curCd>
        <valUSD>864997.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTHEAST ENERGY AUTH COOPERAT</name>
        <lei>25490090A3RLJHITY273</lei>
        <title>Southeast Energy Authority A Cooperative District</title>
        <cusip>84136HCF8</cusip>
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          <isin value="US84136HCF82"/>
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        <curCd>USD</curCd>
        <valUSD>1570222.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>FAIRFAX CNTY VA</name>
        <lei>N/A</lei>
        <title>County of Fairfax VA</title>
        <cusip>30382AEQ1</cusip>
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          <isin value="US30382AEQ13"/>
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        <balance>655000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>659771.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JULINGTON CREEK PLANTATION FLC</name>
        <lei>N/A</lei>
        <title>Julington Creek Plantation Community Development District</title>
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          <isin value="US481367BQ24"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1328190.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
        <lei>549300XEJZWHYSY4SL55</lei>
        <title>Kentucky Public Energy Authority</title>
        <cusip>74440DFC3</cusip>
        <identifiers>
          <isin value="US74440DFC39"/>
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        <balance>7430000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7780140.98000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REGL TRANSPRTN DIST CO COPS</name>
        <lei>N/A</lei>
        <title>Regional Transportation District</title>
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          <isin value="US75913TLN27"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1620526.95000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>SOUTH CAROLINA ST HSG FIN &amp; DE</name>
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        <title>South Carolina State Housing Finance &amp; Development Authority</title>
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          <isin value="US83712D7Q32"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NEW YORK CITY NY TRANSITIONAL</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority Future Tax Secured Revenue</title>
        <cusip>64971XC97</cusip>
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          <isin value="US64971XC979"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>BARBERS HILL TX INDEP SCH DIST</name>
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        <title>Barbers Hill Independent School District</title>
        <cusip>067167B21</cusip>
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          <isin value="US067167B218"/>
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          <maturityDt>2041-02-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>ARIZONA ST INDL DEV AUTH NATIO</name>
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        <title>Arizona Industrial Development Authority</title>
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          <isin value="US04052FAM77"/>
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        <name>KENTUCKY BOND DEV CORP HOSP RE</name>
        <lei>N/A</lei>
        <title>Kentucky Bond Development Corp</title>
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          <isin value="US49121DAB82"/>
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        <name>PHILADELPHIA PA GAS WKS REVENU</name>
        <lei>549300H8UJ7V5WU5IA90</lei>
        <title>Philadelphia Gas Works Co</title>
        <cusip>7178238H4</cusip>
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          <isin value="US7178238H42"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>PECOS BARSTOW TOYAH TX INDEP S</name>
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        <title>Pecos Barstow Toyah Independent School District</title>
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          <isin value="US705227HR03"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2041-02-15</maturityDt>
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        <name>PUERTO RICO INDL TOURIST EDUCT</name>
        <lei>549300YJRISCG6HQ4512</lei>
        <title>Puerto Rico Industrial Tourist Educational Medical &amp; Envirml Ctl Facs Fing Auth</title>
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          <isin value="US74527EFM57"/>
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        <valUSD>517637.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-01</maturityDt>
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        <name>BENTONVILLE AR SCH DIST #6</name>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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      <invstOrSec>
        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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      <invstOrSec>
        <name>GOLD HILL MESA MET DIST #2 CO</name>
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        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
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      <invstOrSec>
        <name>GUAM INTERNATIONAL ARPT AUTH</name>
        <lei>N/A</lei>
        <title>Antonio B Won Pat International Airport Authority</title>
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          <isin value="US40064RGJ23"/>
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        <valUSD>160275.99000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>CHESTER CNTY PA INDL DEV AUTH</name>
        <lei>N/A</lei>
        <title>Chester County Industrial Development Authority</title>
        <cusip>165588FQ2</cusip>
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          <isin value="US165588FQ22"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>LOUISIANA ST LOCAL GOVT ENVRNM</name>
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        <title>Louisiana Local Government Environmental Facilities &amp; Community Development Auth</title>
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          <isin value="US54628CDX74"/>
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        <valUSD>946067.70000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <name>INDIANA ST MUNI PWR AGY</name>
        <lei>AX0ZCCVOQ71Z4RXBL233</lei>
        <title>Indiana Municipal Power Agency</title>
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          <isin value="US454898YV33"/>
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        <balance>1225000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FORT PIERCE FL UTILITIES AUTH</name>
        <lei>N/A</lei>
        <title>Fort Pierce Utilities Authority</title>
        <cusip>348430PQ6</cusip>
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          <isin value="US348430PQ63"/>
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        <balance>475000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>497793.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>SOUTHEAST ENERGY AUTH COOPERAT</name>
        <lei>25490090A3RLJHITY273</lei>
        <title>Southeast Energy Authority A Cooperative District</title>
        <cusip>84136HBA0</cusip>
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          <isin value="US84136HBA05"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1054090.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OREGON ST DEPT OF ADMIN SVCS L</name>
        <lei>N/A</lei>
        <title>Oregon State Lottery</title>
        <cusip>68607V6M2</cusip>
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        <balance>1250000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>UTAH ST HSG CORP MTGE REVENUE</name>
        <lei>549300YXWQEI0S47WI02</lei>
        <title>Utah Housing Corp</title>
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          <isin value="US917432CY01"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.40000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MINNESOTA ST HSG FIN AGY</name>
        <lei>549300R89XDTQBK4GE22</lei>
        <title>Minnesota Housing Finance Agency</title>
        <cusip>60416S6S4</cusip>
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          <isin value="US60416S6S42"/>
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        <balance>705000.00000000</balance>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <name>SOUTH CAROLINA ST HSG FIN &amp; DE</name>
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        <title>South Carolina State Housing Finance &amp; Development Authority</title>
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        <name>BROWNSBURG IN 1999 SCH BLDG CO</name>
        <lei>N/A</lei>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>PECOS BARSTOW TOYAH TX INDEP S</name>
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        <title>Pecos Barstow Toyah Independent School District</title>
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        <name>BLOOMINGTON IN WTRWKS REVENUE</name>
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        <title>City of Bloomington IN Waterworks Revenue</title>
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          <isin value="US094743PD78"/>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>HARRIS CNTY TX MUNI UTILITY DI</name>
        <lei>N/A</lei>
        <title>Harris County Municipal Utility District No 489</title>
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          <isin value="US41423LMU79"/>
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        <balance>1000000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-09-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>Main Street Natural Gas Inc</title>
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        <name>FEDERAL HOME LOAN MTGE CORP MF</name>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>HARRIS CNTY TX WC&amp;ID #159</name>
        <lei>N/A</lei>
        <title>Harris County Water Control &amp; Improvement District No 159</title>
        <cusip>41453SGM0</cusip>
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          <isin value="US41453SGM08"/>
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        <curCd>USD</curCd>
        <valUSD>1714821.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>OKLAHOMA ST HSG FIN AGY SF MTG</name>
        <lei>N/A</lei>
        <title>Oklahoma Housing Finance Agency</title>
        <cusip>67886MW88</cusip>
        <identifiers>
          <isin value="US67886MW886"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1111385.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N TX TOLLWAY AUTH REVENUE</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority</title>
        <cusip>66285WJ56</cusip>
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          <isin value="US66285WJ565"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1077427.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MICHIGAN ST TRUNK LINE</name>
        <lei>N/A</lei>
        <title>State of Michigan Trunk Line Revenue</title>
        <cusip>5946954N5</cusip>
        <identifiers>
          <isin value="US5946954N55"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2186876.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>RHODE ISLAND ST HLTH &amp; EDUCTNL</name>
        <lei>N/A</lei>
        <title>Rhode Island Health and Educational Building Corp</title>
        <cusip>762196W82</cusip>
        <identifiers>
          <isin value="US762196W823"/>
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        <balance>1320000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1432558.78000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ALLEN TX INDEP SCH DIST</name>
        <lei>N/A</lei>
        <title>Allen Independent School District</title>
        <cusip>018106XY5</cusip>
        <identifiers>
          <isin value="US018106XY57"/>
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        <balance>1100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1169257.87000000</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>2042-02-15</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>
        <name>LAKE CNTY IL SCH DIST #112 N S</name>
        <lei>N/A</lei>
        <title>Lake County School District No 112 North Shore</title>
        <cusip>509076CM5</cusip>
        <identifiers>
          <isin value="US509076CM50"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>992887.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CENTRL PLAINS ENERGY PROJ NE G</name>
        <lei>SVQOT7V5CPLIGNP5BE29</lei>
        <title>Central Plains Energy Project</title>
        <cusip>154871CC9</cusip>
        <identifiers>
          <isin value="US154871CC96"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1024288.00000000</valUSD>
        <pctVal>0.123452015560</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DIST OF COLUMBIA HSG FIN AGY M</name>
        <lei>N/A</lei>
        <title>District of Columbia Housing Finance Agency</title>
        <cusip>25477PPQ2</cusip>
        <identifiers>
          <isin value="US25477PPQ27"/>
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        <balance>3035000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3036000.34000000</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>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LOS ANGELES CA DEPT OF WTR &amp; P</name>
        <lei>549300S8NXV6YU61GG95</lei>
        <title>Los Angeles Department of Water &amp; Power</title>
        <cusip>544532HE7</cusip>
        <identifiers>
          <isin value="US544532HE76"/>
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        <balance>2800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2800000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.70000000</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>STHRN CA PUBLIC PWR AUTH REVEN</name>
        <lei>5493003B5TD5FWUKMD34</lei>
        <title>Southern California Public Power Authority</title>
        <cusip>84247PKW0</cusip>
        <identifiers>
          <isin value="US84247PKW04"/>
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        <balance>725000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>736206.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>INTERMOUNTAIN PWR AGY UT PWR S</name>
        <lei>N/A</lei>
        <title>Intermountain Power Agency</title>
        <cusip>45884AF32</cusip>
        <identifiers>
          <isin value="US45884AF326"/>
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        <balance>970000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1023470.67000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MONTGOMERY CNTY MD HSG OPPNTYS</name>
        <lei>549300HDL0LLRHMDL092</lei>
        <title>Montgomery County Housing Opportunities Commission</title>
        <cusip>613347SR5</cusip>
        <identifiers>
          <isin value="US613347SR50"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>987377.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.85000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WEST VIRGINIA ST HOSP FIN AUTH</name>
        <lei>N/A</lei>
        <title>West Virginia Hospital Finance Authority</title>
        <cusip>956622T95</cusip>
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          <isin value="US956622T952"/>
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        <balance>1500000.00000000</balance>
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        <valUSD>1509289.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OREGON ST</name>
        <lei>549300R5SUGZRD8KP359</lei>
        <title>State of Oregon</title>
        <cusip>68609URB3</cusip>
        <identifiers>
          <isin value="US68609URB34"/>
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        <balance>815000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>897284.68000000</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>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH RE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority</title>
        <cusip>13048VL97</cusip>
        <identifiers>
          <isin value="US13048VL973"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>500229.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ESSEX CNTY NJ IMPT AUTH CHRT S</name>
        <lei>N/A</lei>
        <title>Essex County Improvement Authority</title>
        <cusip>29681CAG3</cusip>
        <identifiers>
          <isin value="US29681CAG33"/>
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        <balance>415000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>414734.19000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
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        <lei>N/A</lei>
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        <debtSec>
          <maturityDt>2042-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS ST PRIV ACTIVITY BOND SU</name>
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        <title>Texas Private Activity Bond Surface Transportation Corp</title>
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          <isin value="US882667BF49"/>
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        <curCd>USD</curCd>
        <valUSD>499332.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH ST PERSO</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
        <cusip>64990KBB8</cusip>
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          <isin value="US64990KBB89"/>
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        <balance>815000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>825209.59000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FOREST HILLS OH LOCAL SCH DIST</name>
        <lei>N/A</lei>
        <title>Forest Hills Local School District</title>
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          <isin value="US345766NN50"/>
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        <balance>630000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>630168.08000000</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>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IOWA ST HGR EDU LOAN AUTH REVE</name>
        <lei>549300DWVTM3KRNR0M36</lei>
        <title>Iowa Higher Education Loan Authority</title>
        <cusip>46247DAA5</cusip>
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          <isin value="US46247DAA54"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>313271.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOS ANGELES CA DEPT OF WTR &amp; P</name>
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        <title>Los Angeles Department of Water &amp; Power</title>
        <cusip>544532GP3</cusip>
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          <isin value="US544532GP33"/>
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        <curCd>USD</curCd>
        <valUSD>1253551.29000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>W PALM BEACH FL UTILITY SYS RE</name>
        <lei>N/A</lei>
        <title>City of West Palm Beach FL Utility System Revenue</title>
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          <isin value="US955121QA90"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PUBLIC FIN AUTH WI LEASE DEV R</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
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          <isin value="US74444YAV65"/>
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        <curCd>USD</curCd>
        <valUSD>1004590.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MET TRANSPRTN AUTH NY REVENUE</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>Metropolitan Transportation Authority</title>
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          <isin value="US59261A5B92"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2048892.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HILLSBOROUGH CNTY FLA INDL DEV</name>
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        <title>Hillsborough County Industrial Development Authority</title>
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          <isin value="US43233KAA25"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>500000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.65000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DES MOINES IA</name>
        <lei>N/A</lei>
        <title>City of Des Moines IA</title>
        <cusip>25009XSR7</cusip>
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          <isin value="US25009XSR79"/>
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        <balance>2020000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1581945.02000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALAMITO TX PUBLIC FACS CORP MF</name>
        <lei>N/A</lei>
        <title>Alamito Public Facility Corp</title>
        <cusip>011245AJ6</cusip>
        <identifiers>
          <isin value="US011245AJ68"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1010560.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MISSOURI JT MUNI ELEC UTILITY</name>
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        <title>Missouri Joint Municipal Electric Utility Commission</title>
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          <isin value="US606092LC63"/>
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        <balance>1445000.00000000</balance>
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          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>CHICAGO IL</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
        <title>City of Chicago IL</title>
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          <isin value="US167486P609"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>1037182.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2040-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>KENTUCKY ST MUNI ENERGY AGY PW</name>
        <lei>254900W8G3M70YHUAO94</lei>
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        <cusip>491499AN9</cusip>
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          <isin value="US491499AN93"/>
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          <maturityDt>2041-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>TEXAS WTR DEV BRD REVENUE</name>
        <lei>N/A</lei>
        <title>Texas Water Development Board</title>
        <cusip>88285ABH0</cusip>
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          <isin value="US88285ABH05"/>
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        <balance>500000.00000000</balance>
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        <name>GRAND FORKS ND HLTH CARE SYS R</name>
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          <isin value="US38546WDV90"/>
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        <valUSD>409504.64000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MISSOURI JT MUNI ELEC UTILITY</name>
        <lei>N/A</lei>
        <title>Missouri Joint Municipal Electric Utility Commission</title>
        <cusip>606092KA1</cusip>
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          <isin value="US606092KA17"/>
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        <balance>2435000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WESTFIELD-WASHINGTON IN MULTI-</name>
        <lei>N/A</lei>
        <title>Westfield-Washington Multi-School Building Corp</title>
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          <isin value="US96023PPH28"/>
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        <curCd>USD</curCd>
        <valUSD>1049746.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-01-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GUAM PWR AUTH REVENUE</name>
        <lei>549300IPOV320QCKW060</lei>
        <title>Guam Power Authority</title>
        <cusip>400653JZ5</cusip>
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          <isin value="US400653JZ51"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>641669.58000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>LOS ANGELES CA DEPT OF WTR &amp; P</name>
        <lei>549300S8NXV6YU61GG95</lei>
        <title>Los Angeles Department of Water &amp; Power</title>
        <cusip>544532FE9</cusip>
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          <isin value="US544532FE94"/>
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        <curCd>USD</curCd>
        <valUSD>261501.50000000</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>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MARYLAND ST CMNTY DEV ADMIN DE</name>
        <lei>N/A</lei>
        <title>Maryland Community Development Administration</title>
        <cusip>57419TGP0</cusip>
        <identifiers>
          <isin value="US57419TGP03"/>
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        <balance>1505000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1281457.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.90000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WILL CNTY IL SCH DIST #114 MAN</name>
        <lei>N/A</lei>
        <title>Will County School District No 114 Manhattan</title>
        <cusip>968838JR4</cusip>
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          <isin value="US968838JR48"/>
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        <balance>445000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>480182.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MIAMI BEACH FL WTR &amp; SWR REVEN</name>
        <lei>N/A</lei>
        <title>City of Miami Beach FL Water &amp; Sewer Revenue</title>
        <cusip>593241CE0</cusip>
        <identifiers>
          <isin value="US593241CE05"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1016613.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LAREDO TX INDEP SCH DIST</name>
        <lei>N/A</lei>
        <title>Laredo Independent School District</title>
        <cusip>516840ZR9</cusip>
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          <isin value="US516840ZR90"/>
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        <balance>650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>696945.47000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SALT RIVER AZ PROJ AGRIC IMPT&amp;</name>
        <lei>SHB8HO6GKXJ83RX5OV39</lei>
        <title>Salt River Project Agricultural Improvement &amp; Power District</title>
        <cusip>79574CFA6</cusip>
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          <isin value="US79574CFA62"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1348595.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CLARK CNTY WA PUBLIC UTILITY D</name>
        <lei>N/A</lei>
        <title>Clark County Public Utility District No 1 Electric Revenue</title>
        <cusip>181108G54</cusip>
        <identifiers>
          <isin value="US181108G543"/>
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        <balance>1050000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1095303.83000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTH CAROLINA ST JOBS-ECON DE</name>
        <lei>5493006X47I9VG3DL112</lei>
        <title>South Carolina Jobs-Economic Development Authority</title>
        <cusip>837031H63</cusip>
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          <isin value="US837031H634"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>952303.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-03-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>ILLINOIS ST HSG DEV AUTH MF HS</name>
        <lei>54930053Z6M9JVHBQZ16</lei>
        <title>Illinois Housing Development Authority</title>
        <cusip>45203LEK5</cusip>
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          <isin value="US45203LEK52"/>
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        <balance>3000000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MET KNOXVILLE TN ARPT AUTH ARP</name>
        <lei>254900VWGT8D1GF6ZY16</lei>
        <title>Metropolitan Knoxville Airport Authority</title>
        <cusip>592174AS5</cusip>
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          <isin value="US592174AS53"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1031587.10000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2044-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WENTZVILLE MO SCH DIST #R-4</name>
        <lei>N/A</lei>
        <title>St Charles County School District No R-IV Wentzville</title>
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          <isin value="US950732YD32"/>
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        <balance>2095000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>UTAH HSG CORP SF MTGE REVENUE</name>
        <lei>549300YXWQEI0S47WI02</lei>
        <title>Utah Housing Corp</title>
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          <isin value="US917437EP62"/>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2054-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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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>
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          <isin value="US725304WT22"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2036-09-01</maturityDt>
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        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
        <lei>254900I3VDCQ58UGBR15</lei>
        <title>Metropolitan Pier &amp; Exposition Authority</title>
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          <isin value="US592250EW01"/>
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        <balance>650000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2042-12-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>TEXAS ST MUNI GAS ACQUISITION</name>
        <lei>254900XZ4J30QIJO9G03</lei>
        <title>Texas Municipal Gas Acquisition &amp; Supply Corp V</title>
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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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          <annualizedRt>5.00000000</annualizedRt>
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        <name>SOUTH CAROLINA ST PUBLIC SVC A</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
        <title>South Carolina Public Service Authority</title>
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          <isin value="US837151RP61"/>
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        <balance>100000.00000000</balance>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <name>MARICOPA CNTY &amp; PHOENIX AZ IND</name>
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        <name>IPS MULTI-SCH BLDG CORP IN</name>
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        <name>NEW YORK ST DORM AUTH ST PERSO</name>
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        <name>AKRON BATH COPLEY JT TWP OH HO</name>
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        <name>CANYONS MET DIST #5 CO</name>
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        <name>BLOOMINGTON IN WTRWKS REVENUE</name>
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          <annualizedRt>3.50000000</annualizedRt>
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        <name>ALABAMA ST HSG FIN AUTH SF MTG</name>
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          <isin value="US01030RMQ29"/>
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        <curCd>USD</curCd>
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          <maturityDt>2055-10-01</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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        <name>CLARK CNTY NV</name>
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          <maturityDt>2039-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isin value="US476624CQ22"/>
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        <name>MISSISSIPPI ST HOME CORP SF MT</name>
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          <maturityDt>2039-12-01</maturityDt>
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          <isin value="US837032CU33"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>MARICOPA CNTY AZ POLL CONTROLC</name>
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        <title>Maricopa County Pollution Control Corp</title>
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          <isin value="US566854EF89"/>
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        <curCd>USD</curCd>
        <valUSD>876875.90000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.60000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>KELSEYVILLE CA UNIF SCH DIST</name>
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          <isin value="US488224DQ61"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>NEW YORK CITY NY MUNI WTR FIN</name>
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        <title>New York City Municipal Water Finance Authority</title>
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          <maturityDt>2039-06-15</maturityDt>
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        <name>TEXAS ST MUNI GAS ACQUISITION</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-15</maturityDt>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
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        <fairValLevel>2</fairValLevel>
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        <name>SOUTH CAROLINA ST PUBLIC SVC A</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
        <title>South Carolina Public Service Authority</title>
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          <isin value="US8371514Q95"/>
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        <name>KENTUCKY ST ECON DEV FIN AUTH</name>
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        <title>Kentucky Economic Development Finance Authority</title>
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        <title>Colorado Health Facilities Authority</title>
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        <fairValLevel>2</fairValLevel>
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        <name>INDIANA ST FIN AUTH HOSP REVEN</name>
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        <name>LAUDERHILL FL WTR &amp; SWR REVENU</name>
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        <name>OMAHA NE PUBLIC PWR DIST SEPAR</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALABAMA ST HSG FIN AUTH MF REV</name>
        <lei>549300VFN7EHPOFS7D76</lei>
        <title>Alabama Housing Finance Authority</title>
        <cusip>01030TAQ1</cusip>
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          <isin value="US01030TAQ13"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ARLINGTON TX INDEP SCH DIST</name>
        <lei>N/A</lei>
        <title>Arlington Independent School District/TX</title>
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          <isin value="US0418263E65"/>
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        <curCd>USD</curCd>
        <valUSD>1514684.25000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW HOPE CULTURAL ED FACS FIN</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp</title>
        <cusip>64542UGY4</cusip>
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          <isin value="US64542UGY47"/>
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        <balance>580000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>616035.34000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FORT PIERCE FL UTILITIES AUTH</name>
        <lei>N/A</lei>
        <title>Fort Pierce Utilities Authority</title>
        <cusip>348430PG8</cusip>
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          <isin value="US348430PG81"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>433985.08000000</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>2031-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INTERMOUNTAIN PWR AGY UT PWR S</name>
        <lei>N/A</lei>
        <title>Intermountain Power Agency</title>
        <cusip>45884AB69</cusip>
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          <isin value="US45884AB697"/>
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        <balance>1045000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1083182.21000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ISLE OF WIGHT CNTY VA ECON DEV</name>
        <lei>N/A</lei>
        <title>Isle Wight County Industrial Development Authority</title>
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          <isin value="US464637AN77"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>639335.22000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
        <cusip>45203HB50</cusip>
        <identifiers>
          <isin value="US45203HB505"/>
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        <balance>2350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2245378.94000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>DELAWARE ST HSG AUTH REVENUE</name>
        <lei>N/A</lei>
        <title>Delaware State Housing Authority</title>
        <cusip>246395K22</cusip>
        <identifiers>
          <isin value="US246395K228"/>
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        <balance>1200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1278304.56000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH ST PERSO</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
        <cusip>64990FZW7</cusip>
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          <isin value="US64990FZW75"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1411522.95000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RENO-TAHOE NV ARPT AUTH ARPT R</name>
        <lei>N/A</lei>
        <title>Reno-Tahoe Airport Authority</title>
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          <isin value="US759874CY44"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>539299.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-07-01</maturityDt>
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        <name>CALIFORNIA ST MUNI FIN AUTH CO</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority</title>
        <cusip>130493CB3</cusip>
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          <isin value="US130493CB38"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>IOWA ST BRD REGENTS HOSP REVEN</name>
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        <title>State of Iowa Board of Regents</title>
        <cusip>46256QPZ3</cusip>
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          <isin value="US46256QPZ36"/>
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        <debtSec>
          <maturityDt>2043-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CANYONS UT SCH DIST</name>
        <lei>N/A</lei>
        <title>Canyons School District</title>
        <cusip>139078GB9</cusip>
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          <isin value="US139078GB95"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS ST TRANSPRTN COMMISSION</name>
        <lei>N/A</lei>
        <title>Central Texas Turnpike System</title>
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          <isin value="US88283KBZ03"/>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK CITY NY MUNI WTR FIN</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>New York City Municipal Water Finance Authority</title>
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          <isin value="US64972GDC50"/>
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        <balance>400000.00000000</balance>
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        <assetCat>DBT</assetCat>
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          <maturityDt>2043-06-15</maturityDt>
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        <name>FLORIDA ST HSG FIN CORP MF MTG</name>
        <lei>549300W0PCIJCI0JCF10</lei>
        <title>Florida Housing Finance Corp</title>
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          <isin value="US34074HGW60"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Variable</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>
        <name>AMERICAN MUNI PWR-OHIO INC OH</name>
        <lei>EARKGGZJJEMVD66XQ486</lei>
        <title>American Municipal Power Inc</title>
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          <isin value="US02765UMH40"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1003664.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-15</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <title>Colorado Health Facilities Authority</title>
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          <isin value="US19648FWJ91"/>
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      <invstOrSec>
        <name>CONRAD WEISER PA AREA SCH DIST</name>
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        <cusip>208356LV5</cusip>
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          <isin value="US208356LV58"/>
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        <curCd>USD</curCd>
        <valUSD>989814.70000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>GRAND PARKWAY TRANSPRTN CORP T</name>
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        <title>Grand Parkway Transportation Corp</title>
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          <isin value="US38611TBX46"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>COLORADO ST HLTH FACS AUTH REV</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority</title>
        <cusip>19648FYN8</cusip>
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          <isin value="US19648FYN85"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1060282.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MINNESOTA ST HSG FIN AGY</name>
        <lei>549300R89XDTQBK4GE22</lei>
        <title>Minnesota Housing Finance Agency</title>
        <cusip>60416UQP3</cusip>
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          <isin value="US60416UQP39"/>
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        <balance>1300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1446184.87000000</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>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CENTRL PLAINS ENERGY PROJ NE G</name>
        <lei>SVQOT7V5CPLIGNP5BE29</lei>
        <title>Central Plains Energy Project</title>
        <cusip>154871CE5</cusip>
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          <isin value="US154871CE52"/>
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        <balance>1725000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1795681.70000000</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>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JOLIET IL</name>
        <lei>N/A</lei>
        <title>City of Joliet IL</title>
        <cusip>479754NM1</cusip>
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          <isin value="US479754NM11"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1050621.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH ST PERSO</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
        <cusip>64990KAV5</cusip>
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          <isin value="US64990KAV52"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5214.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST HSG FIN AGY MF</name>
        <lei>549300JZVUPNWP77SP29</lei>
        <title>Pennsylvania Housing Finance Agency</title>
        <cusip>708797BG9</cusip>
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          <isin value="US708797BG97"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>505764.35000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.90000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IOWA ST BRD REGENTS HOSP REVEN</name>
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        <title>State of Iowa Board of Regents</title>
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          <isin value="US46256QPY60"/>
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        <balance>1230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1175297.72000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LONG ISLAND NY PWR AUTH ELEC S</name>
        <lei>1R46U5SYJ63KQXF39168</lei>
        <title>Long Island Power Authority</title>
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          <isin value="US542691KA76"/>
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        <curCd>USD</curCd>
        <valUSD>1722577.02000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>WALTON CNTY GA WTR &amp; SWR AUTH</name>
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        <title>Walton County Water &amp; Sewer Authority</title>
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          <isin value="US93342PFE16"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>274198.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>CALIFORNIA ST MUNI FIN AUTH CO</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority</title>
        <cusip>130493CC1</cusip>
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          <isin value="US130493CC11"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>130488.08000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
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        <name>ONONDAGA NY CIVIC DEV CORP</name>
        <lei>N/A</lei>
        <title>Onondaga Civic Development Corp</title>
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          <isin value="US682832LE83"/>
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          <maturityDt>2041-12-01</maturityDt>
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        <name>STHRN CA PUBLIC PWR AUTH REVEN</name>
        <lei>5493003B5TD5FWUKMD34</lei>
        <title>Southern California Public Power Authority</title>
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          <isin value="US84247PNL12"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW YORK ST DORM AUTH SALES TA</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
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          <isin value="US64990AMS14"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2041-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>SALEM OR HOSP FAC AUTH REVENUE</name>
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        <title>Salem Hospital Facility Authority</title>
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          <isin value="US794458EH85"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2041-05-15</maturityDt>
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        <name>TRIBOROUGH NY BRIDGE &amp; TUNNEL</name>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1314733.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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>ROCK ISLAND &amp; MERCER CNTYS ILC</name>
        <lei>N/A</lei>
        <title>Rock Island &amp; Mercer Counties Community Unit School District No 300</title>
        <cusip>772283EA1</cusip>
        <identifiers>
          <isin value="US772283EA14"/>
        </identifiers>
        <balance>555000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>573205.11000000</valUSD>
        <pctVal>0.069085380439</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NORTH DAKOTA ST HSG FIN AGY</name>
        <lei>549300DVQAGW0B16JX70</lei>
        <title>North Dakota Housing Finance Agency</title>
        <cusip>65889BBC7</cusip>
        <identifiers>
          <isin value="US65889BBC72"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1096994.20000000</valUSD>
        <pctVal>0.132214909330</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MET GOVT NASHVILLE &amp; DAVIDSON</name>
        <lei>N/A</lei>
        <title>Metropolitan Government Nashville &amp; Davidson County Health &amp; Educational Facs Bd</title>
        <cusip>592113CR3</cusip>
        <identifiers>
          <isin value="US592113CR31"/>
        </identifiers>
        <balance>3000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3011400.00000000</valUSD>
        <pctVal>0.362948115822</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.60000000</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>MATAGORDA CNTY TX NAV DIST #1</name>
        <lei>N/A</lei>
        <title>Matagorda County Navigation District No 1</title>
        <cusip>576528DT7</cusip>
        <identifiers>
          <isin value="US576528DT71"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>936186.00000000</valUSD>
        <pctVal>0.112833547439</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.60000000</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>BLACK BELT ENERGY GAS DIST AL</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>Black Belt Energy Gas District</title>
        <cusip>09182TAN7</cusip>
        <identifiers>
          <isin value="US09182TAN72"/>
        </identifiers>
        <balance>1630000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1590847.07000000</valUSD>
        <pctVal>0.191736383947</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.97000000</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>OREGON ST DEPT OF ADMIN SVCS L</name>
        <lei>N/A</lei>
        <title>Oregon State Lottery</title>
        <cusip>68607V6P5</cusip>
        <identifiers>
          <isin value="US68607V6P52"/>
        </identifiers>
        <balance>2500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2691687.25000000</valUSD>
        <pctVal>0.324414828907</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-04-01</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>UTAH ST CHRT SCH FIN AUTH CHRT</name>
        <lei>N/A</lei>
        <title>Utah Charter School Finance Authority</title>
        <cusip>91754TW90</cusip>
        <identifiers>
          <isin value="US91754TW907"/>
        </identifiers>
        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>231364.88000000</valUSD>
        <pctVal>0.027885185383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MET WASHINGTON DC ARPTS AUTH D</name>
        <lei>N/A</lei>
        <title>Metropolitan Washington Airports Authority Dulles Toll Road Revenue</title>
        <cusip>592643BQ2</cusip>
        <identifiers>
          <isin value="US592643BQ24"/>
        </identifiers>
        <balance>3000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3194831.70000000</valUSD>
        <pctVal>0.385056168521</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST HSG FIN AGY AFFORD</name>
        <lei>5493000LS7KCDB02O506</lei>
        <title>New York State Housing Finance Agency</title>
        <cusip>64987JGA3</cusip>
        <identifiers>
          <isin value="US64987JGA34"/>
        </identifiers>
        <balance>285000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>285000.00000000</valUSD>
        <pctVal>0.034349542740</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.75000000</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>SAINT LOUIS CNTY MO PATTONVILL</name>
        <lei>54930016JA5VUOTAUJ59</lei>
        <title>Pattonville R-3 School District</title>
        <cusip>791400YK4</cusip>
        <identifiers>
          <isin value="US791400YK40"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>527569.95000000</valUSD>
        <pctVal>0.063585215951</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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>TARRANT CNTY TX CULTURAL EDU F</name>
        <lei>549300ROY505NVTMMI25</lei>
        <title>Tarrant County Cultural Education Facilities Finance Corp</title>
        <cusip>87638QEW5</cusip>
        <identifiers>
          <isin value="US87638QEW50"/>
        </identifiers>
        <balance>7200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7200000.00000000</valUSD>
        <pctVal>0.867777921871</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.25000000</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>E-470 CO PUBLIC HIGHWAY AUTH</name>
        <lei>549300164ZV2301BC703</lei>
        <title>E-470 Public Highway Authority</title>
        <cusip>26822LMX9</cusip>
        <identifiers>
          <isin value="US26822LMX90"/>
        </identifiers>
        <balance>1040000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1029074.38000000</valUSD>
        <pctVal>0.124028892628</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.65100000</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>LOS ANGELES CA DEPT OF WTR &amp; P</name>
        <lei>549300S8NXV6YU61GG95</lei>
        <title>Los Angeles Department of Water &amp; Power</title>
        <cusip>544532HU1</cusip>
        <identifiers>
          <isin value="US544532HU19"/>
        </identifiers>
        <balance>2950000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2950000.00000000</valUSD>
        <pctVal>0.355547898544</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.85000000</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 HSG FIN AUT</name>
        <lei>N/A</lei>
        <title>Miami-Dade County Housing Finance Authority</title>
        <cusip>593344CA0</cusip>
        <identifiers>
          <isin value="US593344CA05"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1002524.10000000</valUSD>
        <pctVal>0.120828927795</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.55000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-06-23</ncom:dateSigned>
      <ncom:nameOfApplicant>New York Life Investments Active ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Adefolahan Oyefeso</ncom:signature>
      <ncom:signerName>Adefolahan Oyefeso</ncom:signerName>
      <ncom:title>Director and Vice President, IndexIQ</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
