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      <invstOrSec>
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        <name>City of Bowling Green KY</name>
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        <name>Chandler Industrial Development Authority</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>City of Merrill WI</name>
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        <name>Michigan Finance Authority</name>
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          <isin value="US59447TTM52"/>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Orange County Convention Center/Orlando</name>
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          <isin value="US684545A483"/>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Lake Oswego OR</name>
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          <isin value="US510390XB89"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2020-06-01</maturityDt>
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        <name>Arizona State University</name>
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          <isin value="US04048RFB78"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-08-01</maturityDt>
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          <maturityDt>2038-05-15</maturityDt>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Auth</name>
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        <name>City of Austin TX Water &amp; Wastewater System Revenue</name>
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        <name>University of Houston</name>
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        <name>University of Mississippi Educational Building Corp.</name>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
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          <isin value="US64971WB742"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Massachusetts Clean Water Trust (The)</name>
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          <isin value="US57604P4K77"/>
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          <maturityDt>2020-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>De Ruyter Central School District/NY</name>
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          <maturityDt>2020-07-10</maturityDt>
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          <annualizedRt>2.25000000</annualizedRt>
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      <invstOrSec>
        <name>Town of Garner NC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Pasadena TX</name>
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          <maturityDt>2024-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Houston TX Combined Utility System Revenue</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-11-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Oklahoma Development Finance Authority</name>
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          <isin value="US67884GET76"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Greece Central School District</name>
        <lei>N/A</lei>
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          <isin value="US392460F719"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Pinal County School District No. 1 Florence</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Bellbrook-Sugarcreek Local School District</name>
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        <name>Oklahoma Development Finance Authority</name>
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        <name>Franklin County Convention Facilities Authority</name>
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        <name>Minnesota Higher Education Facilities Authority</name>
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        <name>Central Texas Turnpike System</name>
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        <name>Los Angeles County Public Works Financing Authority</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Susquehanna Township School District</name>
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        <name>Michigan State Building Authority</name>
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        <name>County of Kenton KY</name>
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        <name>University of South Carolina</name>
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        <name>Greater Lawrence Sanitation District/MA</name>
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          <maturityDt>2020-08-07</maturityDt>
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        <name>West Salem School District</name>
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        <name>Maricopa County Union High School District No. 210-Phoenix</name>
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        <name>San Francisco Unified School District</name>
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        <name>Comal Independent School District</name>
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        <name>Long Island Power Authority</name>
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        <name>University of Colorado</name>
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        <name>Kirkwood School District Educational Facilities Authority</name>
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        <name>Missouri Joint Municipal Electric Utility Commission</name>
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        <name>King County School District No. 210 Federal Way</name>
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        <name>North Central Texas Health Facility Development Corp.</name>
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        <name>Reading Community City School District</name>
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        <name>Minneapolis Special School District No. 1</name>
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        <name>Alaska Housing Finance Corp.</name>
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      <invstOrSec>
        <name>Southeast Dubois County School Building Corp.</name>
        <lei>N/A</lei>
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          <maturityDt>2022-07-15</maturityDt>
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      <invstOrSec>
        <name>Paulding County Industrial Building Authority</name>
        <lei>N/A</lei>
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          <maturityDt>2020-12-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State Public School Building Authority</name>
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          <isin value="US85732MWV52"/>
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          <maturityDt>2020-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Dallas TX</name>
        <lei>N/A</lei>
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          <isin value="US235219KD36"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <maturityDt>2021-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Collier FL</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2021-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Anne Arundel MD</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Arizona Board of Regents</name>
        <lei>N/A</lei>
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          <isin value="US04048PHX15"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-06-01</maturityDt>
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      <invstOrSec>
        <name>City of Suffolk VA</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2021-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Miami-Dade FL Aviation Revenue</name>
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        <name>Town of Edgartown MA</name>
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      <invstOrSec>
        <name>Alaska Housing Finance Corp.</name>
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        <name>City of Baltimore MD</name>
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        <name>Henry County School District</name>
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      <invstOrSec>
        <name>State of Iowa</name>
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        <name>Louisiana Public Facilities Authority</name>
        <lei>549300RQIPT5S4P4M065</lei>
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        <name>Metropolitan Transportation Authority</name>
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      <invstOrSec>
        <name>Hamilton Southeastern Consolidated School Building Corp.</name>
        <lei>N/A</lei>
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          <isin value="US40785EW285"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
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      <invstOrSec>
        <name>Madison County Board of Education/AL</name>
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      <invstOrSec>
        <name>Kansas Development Finance Authority</name>
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      <invstOrSec>
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          <maturityDt>2022-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.80000000</annualizedRt>
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      <invstOrSec>
        <name>City of Oshkosh WI</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>Southern California Public Power Authority</name>
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        <name>City of Bowling Green KY</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-06-01</maturityDt>
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      <invstOrSec>
        <name>Brevard County Health Facilities Authority</name>
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          <isin value="US10741LCW46"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Galena Park Independent School District</name>
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          <maturityDt>2020-08-15</maturityDt>
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        <name>Southeast Texas Housing Finance Corp.</name>
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        <name>Virginia Resources Authority</name>
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        <name>Energy Northwest</name>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <name>State of Florida Lottery Revenue</name>
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        <name>Metropolitan Transit Authority of Harris County Sales &amp; Use Tax Revenue</name>
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        <name>County of Passaic NJ</name>
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          <maturityDt>2024-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Illinois Finance Authority</name>
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      <invstOrSec>
        <name>Texas City Industrial Development Corp.</name>
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          <maturityDt>2020-10-01</maturityDt>
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        <name>Methacton School District</name>
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          <maturityDt>2022-03-01</maturityDt>
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        <name>Iowa Finance Authority</name>
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          <maturityDt>2049-01-01</maturityDt>
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        <name>Metropolitan Transportation Authority</name>
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        <name>New York State Dormitory Authority</name>
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        <name>State of Hawaii</name>
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        <name>Kentucky Infrastructure Authority</name>
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        <name>Metropolitan Transportation Authority</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority, Ascension Health Alliance Senior Credit Group</title>
        <cusip>45204ETF5</cusip>
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          <isin value="US45204ETF50"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>105798.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.75000000</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>Arlington Independent School District/TX</name>
        <lei>N/A</lei>
        <title>Arlington Independent School District</title>
        <cusip>041826ZX9</cusip>
        <identifiers>
          <isin value="US041826ZX99"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30813.00000000</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>2021-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Huntsville AL</name>
        <lei>549300FQXH802SS93031</lei>
        <title>City of Huntsville, Capital Improvement</title>
        <cusip>447025XM4</cusip>
        <identifiers>
          <isin value="US447025XM43"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>114745.40000000</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>2025-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nebraska Public Power District</name>
        <lei>5493001J0BLQRMOJKP23</lei>
        <title>Nebraska Public Power District, Series A</title>
        <cusip>63968AWM3</cusip>
        <identifiers>
          <isin value="US63968AWM34"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>51400.50000000</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>2021-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
        <cusip>64990FVR2</cusip>
        <identifiers>
          <isin value="US64990FVR27"/>
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        <balance>90000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>92999.70000000</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>2021-02-15</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>
      <invstOrSec>
        <name>Minneapolis-St Paul Metropolitan Airports Commission</name>
        <lei>N/A</lei>
        <title>Minneapolis-St Paul Metropolitan Airports Commission</title>
        <cusip>603827XD3</cusip>
        <identifiers>
          <isin value="US603827XD34"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>70807.80000000</valUSD>
        <pctVal>0.021721270899</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-01-01</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>Northampton County General Purpose Authority</name>
        <lei>N/A</lei>
        <title>Northampton County General Purpose Authority</title>
        <cusip>66353LCM7</cusip>
        <identifiers>
          <isin value="US66353LCM72"/>
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        <balance>75000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>75527.25000000</valUSD>
        <pctVal>0.023169027388</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Methacton School District</name>
        <lei>N/A</lei>
        <title>Methacton School District</title>
        <cusip>591506ZV5</cusip>
        <identifiers>
          <isin value="US591506ZV50"/>
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        <balance>10000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10103.10000000</valUSD>
        <pctVal>0.003099265505</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Houston Independent School District Public Facility Corp.</name>
        <lei>N/A</lei>
        <title>Houston Independent School District Public Facility Corp.</title>
        <cusip>442404BM0</cusip>
        <identifiers>
          <isin value="US442404BM09"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>39960.00000000</valUSD>
        <pctVal>0.012258282069</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-09-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Borough of North Slope AK</name>
        <lei>N/A</lei>
        <title>Borough of North Slope AK</title>
        <cusip>662523J26</cusip>
        <identifiers>
          <isin value="US662523J263"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>250937.50000000</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>2020-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, Health Obligation</title>
        <cusip>45471ASG8</cusip>
        <identifiers>
          <isin value="US45471ASG84"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1018260.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.64999900</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Oklahoma Development Finance Authority</name>
        <lei>549300PXGPHUWC32DJ91</lei>
        <title>Oklahoma Development Finance Authority</title>
        <cusip>67884GAW4</cusip>
        <identifiers>
          <isin value="US67884GAW42"/>
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        <balance>190000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>193452.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mount San Antonio Community College District</name>
        <lei>N/A</lei>
        <title>Mount San Antonio Community College District</title>
        <cusip>623040JJ2</cusip>
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          <isin value="US623040JJ27"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35166.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Industrial Development Authority of the County of Pima (The)</name>
        <lei>549300QDTQ25545R4K19</lei>
        <title>Industrial Development Authority of the County of Pima (The)</title>
        <cusip>721781AC6</cusip>
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          <isin value="US721781AC69"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>121260.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.95000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Hawaii Airports System Revenue</name>
        <lei>N/A</lei>
        <title>State of Hawaii Airports System</title>
        <cusip>419794XE7</cusip>
        <identifiers>
          <isin value="US419794XE74"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>401540.00000000</valUSD>
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        <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>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Scottsdale Municipal Property Corp.</name>
        <lei>N/A</lei>
        <title>Scottsdale Municipal Property Corp.</title>
        <cusip>810489PU2</cusip>
        <identifiers>
          <isin value="US810489PU25"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10039.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Loudoun VA</name>
        <lei>N/A</lei>
        <title>County of Loudoun</title>
        <cusip>54589TDK5</cusip>
        <identifiers>
          <isin value="US54589TDK51"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25606.25000000</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>2020-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Permanent University Fund - University of Texas System</name>
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        <name>New Hyde Park-Garden City Park Union Free School District</name>
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        <name>Beaufort County School District/SC</name>
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      <invstOrSec>
        <name>City of Phoenix Civic Improvement Corp.</name>
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          <isin value="US71883PHP53"/>
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        <name>Pike Township Metropolitan School District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-07-15</maturityDt>
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        <name>City of Miami FL</name>
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        <name>Pennsylvania Higher Educational Facilities Authority</name>
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        <name>RiverSouth Authority</name>
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        <name>San Antonio Public Facilities Corp.</name>
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      <invstOrSec>
        <name>University of South Carolina</name>
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        <name>Harris County Toll Road Authority (The)</name>
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        <name>Missouri State Board of Public Buildings</name>
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          <maturityDt>2020-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Village of Midlothian IL</name>
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        <name>Forest Hills Public Schools/MI</name>
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        <name>Arizona Water Infrastructure Finance Authority</name>
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        <name>Virginia Commonwealth Transportation Board</name>
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        <name>Miami-Dade County Expressway Authority</name>
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        <name>Avon Community School Building Corp.</name>
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        <name>Braselton Urban Redevelopment Agency</name>
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      <invstOrSec>
        <name>St Louis Junior College District Building Corp.</name>
        <lei>N/A</lei>
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        <name>City of New York NY</name>
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      <invstOrSec>
        <name>Housing &amp; Redevelopment Authority of The City of St. Paul Minnesota</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wyandotte County-Kansas City Unified Government</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Pulaski VA</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>University System of Maryland</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Colorado Springs CO Utilities System Revenue</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Pima County Regional Transportation Authority</name>
        <lei>N/A</lei>
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          <isin value="US72178RAU95"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Dare NC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Santa Fe NM</name>
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        <name>Palm Springs Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Edmond Public Works Authority</name>
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        <name>Virginia Commonwealth Transportation Board</name>
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          <isin value="US927790GP45"/>
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        <name>State of Washington</name>
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        <name>Minnetonka Independent School District No. 276</name>
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        <name>Michigan Finance Authority</name>
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        <name>County of Miami-Dade FL</name>
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        <name>Milwaukee Redevelopment Authority</name>
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      <invstOrSec>
        <name>City of El Paso TX</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Town of Greenwich CT</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Glen Lake Community Schools</name>
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      <invstOrSec>
        <name>Austin Independent School District</name>
        <lei>N/A</lei>
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          <maturityDt>2020-08-01</maturityDt>
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      <invstOrSec>
        <name>Bonneville County School District No. 91 Idaho Falls</name>
        <lei>N/A</lei>
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          <maturityDt>2020-09-15</maturityDt>
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      <invstOrSec>
        <name>Amarillo College</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Brooklyn Center MN</name>
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        <curCd>USD</curCd>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.95000100</annualizedRt>
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        <name>Health &amp; Educational Facilities Authority of the State of Missouri</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-09-01</maturityDt>
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        <name>Main Street Natural Gas, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-06-01</maturityDt>
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        <name>Maine Municipal Bond Bank</name>
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          <maturityDt>2020-11-01</maturityDt>
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        <name>Iowa State University of Science &amp; Technology</name>
        <lei>N/A</lei>
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        <name>West Contra Costa Unified School District</name>
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        <name>Polk County School District</name>
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        <name>Kentucky Housing Corp.</name>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority</title>
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          <isin value="US45471ASH67"/>
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      <invstOrSec>
        <name>County of Montgomery MD</name>
        <lei>549300GNX5SDUEBKPK13</lei>
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      <invstOrSec>
        <name>City of Henderson NV</name>
        <lei>N/A</lei>
        <title>City of Henderson</title>
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          <isin value="US4252004E92"/>
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        <curCd>USD</curCd>
        <valUSD>27912.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Housing &amp; Mortgage Finance Agency</name>
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          <isin value="US646127EK26"/>
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        <curCd>USD</curCd>
        <valUSD>100616.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.45000200</annualizedRt>
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      <invstOrSec>
        <name>Kentucky Turnpike Authority</name>
        <lei>N/A</lei>
        <title>Kentucky Turnpike Authority</title>
        <cusip>491552WV3</cusip>
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          <isin value="US491552WV34"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55213.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Minneapolis-St Paul Metropolitan Airports Commission</name>
        <lei>N/A</lei>
        <title>Minneapolis-St Paul Metropolitan Airports Commission</title>
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          <isin value="US603827F680"/>
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        <curCd>USD</curCd>
        <valUSD>164806.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mahwah Township School District</name>
        <lei>N/A</lei>
        <title>Mahwah Township School District</title>
        <cusip>560262HV2</cusip>
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          <isin value="US560262HV28"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10136.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Richland WA</name>
        <lei>N/A</lei>
        <title>City of Richland</title>
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          <isin value="US764258SE04"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>42290.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
        <title>Commonwealth of Massachusetts</title>
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          <isin value="US5758276V71"/>
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        <balance>25000.00000000</balance>
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        <valUSD>25555.25000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Merced Union High School District</name>
        <lei>N/A</lei>
        <title>Merced Union High School District</title>
        <cusip>587635EF6</cusip>
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          <isin value="US587635EF65"/>
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        <balance>30000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-08-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Rhode Island Health &amp; Educational Building Corp.</name>
        <lei>N/A</lei>
        <title>Rhode Island Health &amp; Educational Building Corp.</title>
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          <isin value="US762244EY31"/>
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        <invCountry>US</invCountry>
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        <name>County of King WA Sewer Revenue</name>
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          <maturityDt>2022-01-01</maturityDt>
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        <name>City of San Marcos TX</name>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>Michigan Finance Authority</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority</title>
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          <isin value="US59447TNU33"/>
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        <name>Duluth Independent School District No. 709</name>
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        <name>New Mexico Finance Authority</name>
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        <name>Maryland Community Development Administration Local Government Infrastructure</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>City of Laredo TX</name>
        <lei>N/A</lei>
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        <valUSD>28796.50000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of Las Cruces NM</name>
        <lei>N/A</lei>
        <title>City of Las Cruces</title>
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          <isin value="US517538DV38"/>
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        <curCd>USD</curCd>
        <valUSD>30000.00000000</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>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lancaster Port Authority</name>
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          <isin value="US514401AS78"/>
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        <curCd>USD</curCd>
        <valUSD>315048.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Campbell Union High School District</name>
        <lei>N/A</lei>
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          <isin value="US134159RR55"/>
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        <curCd>USD</curCd>
        <valUSD>25159.75000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Maryland State Transportation Authority</name>
        <lei>N/A</lei>
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        <cusip>574300KS7</cusip>
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          <isin value="US574300KS72"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25098.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lee County Industrial Development Authority/FL</name>
        <lei>N/A</lei>
        <title>Lee County Industrial Development Authority</title>
        <cusip>52349MGK2</cusip>
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          <isin value="US52349MGK27"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35687.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Connecticut</name>
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        <title>State of Connecticut</title>
        <cusip>20772J6E7</cusip>
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          <isin value="US20772J6E75"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>139156.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ardsley Union Free School District</name>
        <lei>N/A</lei>
        <title>Ardsley Union Free School District</title>
        <cusip>039861KT5</cusip>
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          <isin value="US039861KT50"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Kansas City MO</name>
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        <title>City of Kansas City</title>
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          <isin value="US484873KS22"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26679.25000000</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>2024-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Nebraska Investment Finance Authority</name>
        <lei>549300OIIXIM3SRZWK33</lei>
        <title>Nebraska Investment Finance Authority</title>
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          <isin value="US63968MRQ41"/>
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        <balance>55000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-09-01</maturityDt>
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          <annualizedRt>2.12500000</annualizedRt>
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        <name>City of New York NY</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>New Jersey Infrastructure Bank</name>
        <lei>5493006ZE03IRA2BET07</lei>
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        <cusip>64579SFD2</cusip>
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          <isin value="US64579SFD27"/>
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        <balance>30000.00000000</balance>
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        <valUSD>33539.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-09-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Maine Municipal Bond Bank</name>
        <lei>N/A</lei>
        <title>Maine Municipal Bond Bank, Transportation Infrastructure</title>
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        <valUSD>20237.00000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2020-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Lake County Township High School District No. 121 Warren</name>
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          <maturityDt>2024-01-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>Massachusetts Development Finance Agency</name>
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        <balance>84000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2022-08-01</maturityDt>
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        <name>County of Guilford NC</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2020-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Murray KY</name>
        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2030-08-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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        <name>Colorado Health Facilities Authority</name>
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        <balance>145000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Long Beach CA Harbor Revenue</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2024-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of New York NY</name>
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          <isin value="US64966MJF77"/>
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        <valUSD>110077.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2022-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Madison Area Technical College/WI</name>
        <lei>N/A</lei>
        <title>Madison Area Technical College</title>
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          <isin value="US55844PJC32"/>
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        <valUSD>25714.75000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Lakeway TX</name>
        <lei>N/A</lei>
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          <isin value="US512505ER58"/>
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        <curCd>USD</curCd>
        <valUSD>50721.75000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>District of Columbia</name>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>37009.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Newton MA</name>
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        <curCd>USD</curCd>
        <valUSD>50593.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Northside Independent School District</name>
        <lei>N/A</lei>
        <title>Northside Independent School District</title>
        <cusip>66702RWF5</cusip>
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          <isin value="US66702RWF53"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>47621.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Ulster NY</name>
        <lei>N/A</lei>
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          <isin value="US903766YR83"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26747.50000000</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>2021-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Davis School District</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of New York NY</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Mexico Finance Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-06-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>California Health Facilities Financing Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Virginia Public Building Authority</name>
        <lei>N/A</lei>
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          <isin value="US928172YP49"/>
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          <maturityDt>2020-08-01</maturityDt>
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        <name>Jefferson Union High School District</name>
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          <maturityDt>2030-08-01</maturityDt>
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        <name>City of Dallas Housing Finance Corp.</name>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2020-08-01</maturityDt>
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        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
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        <name>Cherry Valley-Springfield Central School District</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Marple Newtown School District</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2020-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Oceanside Unified School District</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-08-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>State of Ohio</name>
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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>2020-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Greenville County School District</name>
        <lei>N/A</lei>
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          <isin value="US396066HK10"/>
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        <curCd>USD</curCd>
        <valUSD>27878.75000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Camden County Improvement Authority (The)</name>
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          <isin value="US13281KVA32"/>
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        <curCd>USD</curCd>
        <valUSD>36556.80000000</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>2021-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Orlando Utilities Commission</name>
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          <isin value="US686507FW92"/>
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        <curCd>USD</curCd>
        <valUSD>50794.00000000</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>2020-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Cuyahoga OH</name>
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        <curCd>USD</curCd>
        <valUSD>25451.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Mississippi Development Bank</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-01-01</maturityDt>
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        <name>County of Clay MO</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-05-01</maturityDt>
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          <maturityDt>2022-06-15</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>McLennan County Junior College District</name>
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          <maturityDt>2020-08-15</maturityDt>
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      <invstOrSec>
        <name>Indianapolis Local Public Improvement Bond Bank</name>
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        <name>Derry Township School District</name>
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        <name>Village of Menomonee Falls WI</name>
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        <name>Oklahoma County Independent School District No. 12 Edmond</name>
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        <name>City of Brownsville TX</name>
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          <maturityDt>2022-02-15</maturityDt>
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      <invstOrSec>
        <name>County of Miami-Dade FL</name>
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        <name>Milwaukee Redevelopment Authority</name>
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        <name>Greater Richmond Convention Center Authority</name>
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          <maturityDt>2020-06-15</maturityDt>
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        <name>Loudoun County Sanitation Authority</name>
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        <name>Pennsylvania Higher Educational Facilities Authority</name>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Morrisville-Eaton Central School District</name>
        <lei>N/A</lei>
        <title>Morrisville-Eaton Central School District</title>
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          <isin value="US618788GG29"/>
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        <curCd>USD</curCd>
        <valUSD>1761182.50000000</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>2021-05-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Mexico Finance Authority</name>
        <lei>549300L6217Y7X40SP94</lei>
        <title>New Mexico Finance Authority</title>
        <cusip>64711NV93</cusip>
        <identifiers>
          <isin value="US64711NV939"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27391.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-15</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>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
        <title>State of Ohio</title>
        <cusip>677522ML5</cusip>
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          <isin value="US677522ML54"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20252.40000000</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>2020-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Abilene TX</name>
        <lei>N/A</lei>
        <title>City of Abilene</title>
        <cusip>00344NPW8</cusip>
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          <isin value="US00344NPW82"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>29165.50000000</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>2024-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>County of Middlesex NJ</name>
        <lei>N/A</lei>
        <title>County of Middlesex</title>
        <cusip>59656NVA7</cusip>
        <identifiers>
          <isin value="US59656NVA70"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25000.00000000</valUSD>
        <pctVal>0.007669095389</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Carolina Medical Care Commission</name>
        <lei>549300FH6KOXGCHQYG81</lei>
        <title>North Carolina Medical Care Commission</title>
        <cusip>65821DDW8</cusip>
        <identifiers>
          <isin value="US65821DDW83"/>
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        <balance>1670000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1670000.00000000</valUSD>
        <pctVal>0.512295571987</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Atlanta &amp; Fulton County Recreation Authority</name>
        <lei>N/A</lei>
        <title>Atlanta &amp; Fulton County Recreation Authority</title>
        <cusip>047681NG2</cusip>
        <identifiers>
          <isin value="US047681NG20"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>29054.75000000</valUSD>
        <pctVal>0.008912945970</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-01</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>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
        <title>State of Ohio</title>
        <cusip>677521MV5</cusip>
        <identifiers>
          <isin value="US677521MV53"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25162.25000000</valUSD>
        <pctVal>0.007718867818</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>New Hampshire Municipal Bond Bank</name>
        <lei>N/A</lei>
        <title>New Hampshire Municipal Bond Bank</title>
        <cusip>64465PE95</cusip>
        <identifiers>
          <isin value="US64465PE958"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>125980.00000000</valUSD>
        <pctVal>0.038646105484</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
        <cusip>64990HCB4</cusip>
        <identifiers>
          <isin value="US64990HCB42"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30208.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Dakota Public Finance Authority</name>
        <lei>N/A</lei>
        <title>North Dakota Public Finance Authority</title>
        <cusip>65887PJF3</cusip>
        <identifiers>
          <isin value="US65887PJF36"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30480.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Denton TX</name>
        <lei>549300UWEY8IKYK09T27</lei>
        <title>City of Denton</title>
        <cusip>2488665G6</cusip>
        <identifiers>
          <isin value="US2488665G68"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25500.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>City of Newark CA</name>
        <lei>N/A</lei>
        <title>City of Newark</title>
        <cusip>650231CJ0</cusip>
        <identifiers>
          <isin value="US650231CJ00"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50665.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Pennsylvania State University (The)</name>
        <lei>549300QDK4O4XCJ47X56</lei>
        <title>Pennsylvania State University (The)</title>
        <cusip>709235VU6</cusip>
        <identifiers>
          <isin value="US709235VU69"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55261.50000000</valUSD>
        <pctVal>0.016952228593</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Alamo Community College District</name>
        <lei>N/A</lei>
        <title>Alamo Community College District, Financing System Senior lien, Series 2012A</title>
        <cusip>011420KB1</cusip>
        <identifiers>
          <isin value="US011420KB12"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20400.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pennsylvania Turnpike Commission</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania Turnpike Commission, Motor License Fund-Enhanced Turnpike, Series B</title>
        <cusip>709223P21</cusip>
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          <isin value="US709223P213"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>53609.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Oregon</name>
        <lei>549300R5SUGZRD8KP359</lei>
        <title>State of Oregon</title>
        <cusip>68609BS73</cusip>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25119.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Mississippi</name>
        <lei>549300JRWW5RFQUB7P94</lei>
        <title>State of Mississippi</title>
        <cusip>605581AP2</cusip>
        <identifiers>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25295.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <name>San Joaquin Hills Transportation Corridor Agency</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>City of San Antonio TX</name>
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        <name>City of Anderson SC Water &amp; Sewer Revenue</name>
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          <maturityDt>2020-07-01</maturityDt>
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        <name>Colorado Health Facilities Authority</name>
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        <name>City of Middleburg Heights OH</name>
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      <invstOrSec>
        <name>City of Long Beach CA Harbor Revenue</name>
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        <name>King County Public Hospital District No. 2</name>
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        <name>Orlando-Orange County Expressway Authority</name>
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        <name>Perry Township Multi School Building Corp.</name>
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        <name>State of Ohio Department of Administration</name>
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        <name>Grand Valley State University</name>
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        <name>County of Ocean NJ</name>
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        <name>Boston Water &amp; Sewer Commission</name>
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        <name>Public Finance Authority</name>
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        <name>Indiana Municipal Power Agency</name>
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        <name>Rhode Island Health &amp; Educational Building Corp.</name>
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        <name>Lafayette School Corp.</name>
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          <maturityDt>2020-07-15</maturityDt>
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        <name>Iowa State University of Science &amp; Technology</name>
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          <maturityDt>2020-07-01</maturityDt>
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        <name>Bastrop Independent School District</name>
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        <name>State of Washington</name>
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        <name>State of Minnesota</name>
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        <name>Arizona Department of Transportation State Highway Fund Revenue</name>
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        <name>Massachusetts Development Finance Agency</name>
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          <maturityDt>2023-01-01</maturityDt>
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          <annualizedRt>2.55000000</annualizedRt>
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          <maturityDt>2022-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Illinois Housing Development Authority</name>
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        <name>Kentucky Rural Water Finance Corp.</name>
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        <name>University of Southern Mississippi (The)</name>
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      <invstOrSec>
        <name>Crothersville 2000 School Building Corp.</name>
        <lei>N/A</lei>
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          <isin value="US22774PBB76"/>
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      <invstOrSec>
        <name>County of Johnston NC</name>
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        <name>County of Hawaii HI</name>
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          <maturityDt>2022-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Ohio State Building Authority</name>
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          <isin value="US67755CV977"/>
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      <invstOrSec>
        <name>Massachusetts Housing Finance Agency</name>
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          <isin value="US57586N3E96"/>
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        <name>Massachusetts Bay Transportation Authority</name>
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          <isin value="US575579CW51"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-07-01</maturityDt>
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      <invstOrSec>
        <name>State of Florida Lottery Revenue</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Metropolitan Atlanta Rapid Transit Authority</name>
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          <maturityDt>2023-07-01</maturityDt>
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      <invstOrSec>
        <name>Massachusetts Clean Water Trust (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Beaumont TX Waterworks &amp; Sewer System Revenue</name>
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        <name>City of Iowa City IA Sewer Revenue</name>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>Alabama Federal Aid Highway Finance Authority</name>
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        <name>Frisco Independent School District</name>
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        <name>Albermarle County Economic Development Authority</name>
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      <invstOrSec>
        <name>City of Farmers Branch TX</name>
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      <invstOrSec>
        <name>Padre Dam Municipal Water District</name>
        <lei>N/A</lei>
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        <name>District of Columbia</name>
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      <invstOrSec>
        <name>City of University Place WA</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Golden State Tobacco Securitization Corp.</name>
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          <isin value="US38122NYA44"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2021-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Hauppauge Union Free School District</name>
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          <isin value="US419137HS66"/>
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          <maturityDt>2020-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Metropolitan Government of Nashville &amp; Davidson County TN Water &amp; Sewer Revenue</name>
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          <maturityDt>2027-07-01</maturityDt>
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      <invstOrSec>
        <name>City of Portsmouth VA</name>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <name>Truckee Meadows Water Authority</name>
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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>2022-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Tyler Independent School District</name>
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        <name>Illinois Finance Authority</name>
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        <name>Bernards Township School District</name>
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        <name>Texas Tech University</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>County of Lafayette MS</name>
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        <name>University System of Maryland</name>
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      <invstOrSec>
        <name>Florida Atlantic University Finance Corp.</name>
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      <invstOrSec>
        <name>University of Wyoming</name>
        <lei>N/A</lei>
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        <name>County of Durham NC</name>
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        <name>City of Olathe KS</name>
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        <name>Livonia Municipal Building Authority</name>
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        <name>City of Pigeon Forge TN</name>
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          <maturityDt>2020-06-01</maturityDt>
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        <name>Reedy Creek Improvement District</name>
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        <name>City of Akron OH Income Tax Revenue</name>
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          <maturityDt>2020-12-01</maturityDt>
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        <name>State of Ohio</name>
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        <name>Auburn University</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>Carrier Creek Drain Drainage District No. 326</name>
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        <name>Hamilton Southeastern Consolidated School Building Corp.</name>
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        <name>Harris County Municipal Utility District No. 468</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>American Municipal Power, Inc.</name>
        <lei>EARKGGZJJEMVD66XQ486</lei>
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          <isin value="US027651XM51"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City &amp; County of Denver CO</name>
        <lei>MMTY7HA2MSCBUO4F7J71</lei>
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          <isin value="US249164MM39"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>County of Travis TX</name>
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          <isin value="US89453PF952"/>
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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>2021-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Mississippi Business Finance Corp.</name>
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        <title>Mississippi Business Finance Corp.</title>
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          <isin value="US60527MAQ24"/>
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        <curCd>USD</curCd>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
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      <invstOrSec>
        <name>Colorado Health Facilities Authority</name>
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        <title>Colorado Health Facilities Authority, Catholic health Initiatives</title>
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          <isin value="US19648AWW16"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-02-01</maturityDt>
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      <invstOrSec>
        <name>City of Akron OH Income Tax Revenue</name>
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        <curCd>USD</curCd>
        <valUSD>50959.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Bi-State Development Agency of the Missouri-Illinois Metropolitan District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-10-01</maturityDt>
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        <name>Magna Water District</name>
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          <maturityDt>2023-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Metropolitan Pier &amp; Exposition Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Royal Oak School District</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>City of Lubbock TX</name>
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        <name>City of Arlington TX Water &amp; Wastewater System Revenue</name>
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      <invstOrSec>
        <name>MSD of Wabash County Multi-School Building Corp.</name>
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        <name>City of New York NY</name>
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      <invstOrSec>
        <name>City And County of San Francisco Finance Corp.</name>
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        <name>State of Texas</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <name>Tobacco Settlement Financing Corp.</name>
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        <name>University of Colorado</name>
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        <name>Railsplitter Tobacco Settlement Authority</name>
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        <name>Macoupin County Community Unit School District No. 7 Gillespie</name>
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        <name>Louisville/Jefferson County Metropolitan Government</name>
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          <maturityDt>2020-10-01</maturityDt>
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        <name>Houston Community College System</name>
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          <isin value="US442368JF46"/>
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        <valUSD>200426.00000000</valUSD>
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          <maturityDt>2025-04-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Illinois Housing Development Authority</name>
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          <isin value="US45203LCW19"/>
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        <curCd>USD</curCd>
        <valUSD>101705.00000000</valUSD>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-10-01</maturityDt>
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          <annualizedRt>1.90000100</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>South Bend Redevelopment Authority</name>
        <lei>N/A</lei>
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        <valUSD>25638.00000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2021-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Shenendehowa Central School District</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>North Dakota Housing Finance Agency</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2021-07-01</maturityDt>
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          <annualizedRt>1.75000000</annualizedRt>
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      <invstOrSec>
        <name>Hammond Local Public Improvement Bond Bank</name>
        <lei>N/A</lei>
        <title>Hammond Local Public Improvement Bond Bank</title>
        <cusip>408394GL2</cusip>
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          <isin value="US408394GL24"/>
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        <balance>485000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>485480.15000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>State of Washington</title>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>70992.35000000</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>2022-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Nueces River Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <invCountry>US</invCountry>
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          <maturityDt>2020-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Maricopa County Unified School District No. 69 Paradise Valley</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>Metropolitan Transportation Authority</name>
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      <invstOrSec>
        <name>Rutherford County Health &amp; Educational Facilities Board</name>
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      <invstOrSec>
        <name>American Municipal Power, Inc.</name>
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        <name>Puente Basin Water Agency</name>
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          <maturityDt>2023-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Santa Clara CA</name>
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          <maturityDt>2021-02-01</maturityDt>
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        <name>King County Fire Protection District No. 39</name>
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        <name>Santa Monica Community College District</name>
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        <name>City &amp; County of Honolulu HI</name>
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        <name>City of Irving TX Waterworks &amp; Sewer System Revenue</name>
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        <name>City of Phoenix Civic Improvement Corp.</name>
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        <name>JEA FL Bulk Power Supply System Revenue</name>
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          <isin value="US472149BS18"/>
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          <maturityDt>2020-10-01</maturityDt>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
        <lei>549300ROY505NVTMMI25</lei>
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        <name>Washington Health Care Facilities Authority</name>
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        <name>University of Kentucky</name>
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        <name>Orlando Utilities Commission</name>
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      <invstOrSec>
        <name>Orange County Convention Center/Orlando</name>
        <lei>N/A</lei>
        <title>Orange County Convention Center/Orlando</title>
        <cusip>684545YN0</cusip>
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          <isin value="US684545YN08"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>162661.50000000</valUSD>
        <pctVal>0.049898662384</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Maryland Stadium Authority</name>
        <lei>549300VA283TTQRDNF71</lei>
        <title>Maryland Stadium Authority</title>
        <cusip>574295EG2</cusip>
        <identifiers>
          <isin value="US574295EG22"/>
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        <balance>65000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>74166.95000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-15</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>Lower Colorado River Authority</name>
        <lei>549300QJFPW2NNBYR215</lei>
        <title>Lower Colorado River Authority</title>
        <cusip>54811BPH8</cusip>
        <identifiers>
          <isin value="US54811BPH86"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>117098.00000000</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>2024-05-15</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>County of Adams CO</name>
        <lei>N/A</lei>
        <title>County of Adams</title>
        <cusip>005596DU2</cusip>
        <identifiers>
          <isin value="US005596DU26"/>
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        <balance>705000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>817743.60000000</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>2023-12-01</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>County of Harris TX</name>
        <lei>549300G9BRP25M0W1S40</lei>
        <title>County of Harris</title>
        <cusip>414005GV4</cusip>
        <identifiers>
          <isin value="US414005GV47"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>101572.00000000</valUSD>
        <pctVal>0.031158614274</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>County of Stafford VA</name>
        <lei>N/A</lei>
        <title>County of Stafford</title>
        <cusip>852427KA0</cusip>
        <identifiers>
          <isin value="US852427KA05"/>
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        <balance>45000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>45177.30000000</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>2020-07-01</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>State of Texas</name>
        <lei>549300X9CH74QB747L76</lei>
        <title>State of Texas</title>
        <cusip>882723H69</cusip>
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          <isin value="US882723H697"/>
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        <balance>2915000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2915000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.20000100</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of North Carolina</name>
        <lei>N/A</lei>
        <title>State of North Carolina</title>
        <cusip>65829QAG9</cusip>
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          <isin value="US65829QAG91"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25505.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-11-01</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>New Jersey Infrastructure Bank</name>
        <lei>5493006ZE03IRA2BET07</lei>
        <title>New Jersey Infrastructure Bank</title>
        <cusip>64579SFC4</cusip>
        <identifiers>
          <isin value="US64579SFC44"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>32513.70000000</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>2022-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Indiana County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Indiana County Industrial Development Authority</title>
        <cusip>454698AC5</cusip>
        <identifiers>
          <isin value="US454698AC51"/>
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        <balance>4000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3989760.00000000</valUSD>
        <pctVal>1.223914000774</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.45000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>County of Northampton PA</name>
        <lei>N/A</lei>
        <title>County of Northampton</title>
        <cusip>663532HR3</cusip>
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          <isin value="US663532HR38"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20320.40000000</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>2020-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ligonier Valley School District</name>
        <lei>N/A</lei>
        <title>Ligonier Valley School District</title>
        <cusip>532343ML1</cusip>
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          <isin value="US532343ML17"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27014.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Phoenix Civic Improvement Corp.</name>
        <lei>N/A</lei>
        <title>City of Phoenix Civic Improvement Corp., Subordinated Excise Tax</title>
        <cusip>71884AA25</cusip>
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          <isin value="US71884AA258"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100390.00000000</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>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Metropolitan Pier &amp; Exposition Authority</name>
        <lei>254900I3VDCQ58UGBR15</lei>
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          <isin value="US592248BG25"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45071.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Ocean City NJ</name>
        <lei>N/A</lei>
        <title>City of Ocean City</title>
        <cusip>674684RR8</cusip>
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          <isin value="US674684RR88"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>83841.00000000</valUSD>
        <pctVal>0.025719385060</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tracy Joint Unified School District</name>
        <lei>N/A</lei>
        <title>Tracy Unified School District</title>
        <cusip>892392DQ1</cusip>
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          <isin value="US892392DQ11"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>38456.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Santa Cruz County Jail District</name>
        <lei>N/A</lei>
        <title>Santa Cruz County Jail District</title>
        <cusip>80182JAC4</cusip>
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          <isin value="US80182JAC45"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25053.75000000</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>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Montgomery MD</name>
        <lei>549300GNX5SDUEBKPK13</lei>
        <title>County of Montgomery</title>
        <cusip>6133402H0</cusip>
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          <isin value="US6133402H06"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26711.75000000</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>2021-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <name>Maryland Community Development Administration</name>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corp.</name>
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          <isin value="US888808GX49"/>
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        <name>Maryland Community Development Administration Local Government Infrastructure</name>
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          <maturityDt>2020-06-01</maturityDt>
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        <name>State of Wisconsin</name>
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          <maturityDt>2020-11-01</maturityDt>
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        <name>River Dell Regional School District</name>
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        <name>North Carolina Turnpike Authority</name>
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        <name>University of Texas System (The)</name>
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        <name>Milwaukee Area Technical College District</name>
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        <name>Allen County War Memorial Coliseum Additions Building Corp.</name>
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        <name>Franklin County Convention Facilities Authority</name>
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        <name>City of Royal Oak MI</name>
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        <name>Austin Community College District</name>
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        <name>University of Arkansas</name>
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        <name>Commonwealth Financing Authority</name>
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        <name>Iowa State University of Science &amp; Technology</name>
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      <invstOrSec>
        <name>Washington Township Health Care District</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Dexter Community Schools</name>
        <lei>N/A</lei>
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        <name>Metropolitan Water District of Salt Lake &amp; Sandy</name>
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          <isin value="US592657AH37"/>
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          <maturityDt>2020-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Harris TX</name>
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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>2024-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Pigeon Forge Industrial Development Board</name>
        <lei>N/A</lei>
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          <isin value="US721016AJ28"/>
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          <maturityDt>2022-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Fremont NE Combined Utility System Revenue</name>
        <lei>N/A</lei>
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          <isin value="US357415PC69"/>
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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>2020-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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        <name>City of Manitowoc WI</name>
        <lei>N/A</lei>
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          <isin value="US563588S861"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2021-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
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        <cusip>93974CRQ5</cusip>
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          <isin value="US93974CRQ59"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51421.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Florida State University Parking Facility Revenue</name>
        <lei>N/A</lei>
        <title>Florida State University Parking Facility</title>
        <cusip>341577BW3</cusip>
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          <isin value="US341577BW36"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of New York NY</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-08-01</maturityDt>
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        <name>City of Cleveland OH Airport System Revenue</name>
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        <name>City of Tempe AZ</name>
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          <maturityDt>2020-07-01</maturityDt>
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        <name>Amarillo Independent School District</name>
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          <isin value="US023051SL05"/>
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        <name>Rancocas Valley Regional High School District</name>
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        <name>Washoe County School District/NV</name>
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      <invstOrSec>
        <name>Jennings County School Building Corp.</name>
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        <invCountry>US</invCountry>
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        <name>Virginia Public School Authority</name>
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          <isin value="US92818JAV98"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2023-04-15</maturityDt>
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      <invstOrSec>
        <name>Miami-Dade County Expressway Authority</name>
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      <invstOrSec>
        <name>Town of North Kingstown RI</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>City of Merrill WI</name>
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      <invstOrSec>
        <name>JEA Electric System Revenue</name>
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      <invstOrSec>
        <name>South San Francisco Unified School District</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <debtSec>
          <maturityDt>2020-09-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
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          <isin value="US45471APR76"/>
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        <curCd>USD</curCd>
        <valUSD>341579.40000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2020-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Ventura County Community College District</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-08-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>County of Clark Department of Aviation</name>
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        <curCd>USD</curCd>
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        <name>Port of Greater Cincinnati Development Authority</name>
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        <name>New Mexico Finance Authority</name>
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        <name>New Jersey Health Care Facilities Financing Authority</name>
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        <name>Rhode Island Infrastructure Bank Water Pollution Control Revolving Fund</name>
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        <name>New York State Environmental Facilities Corp.</name>
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        <name>State of Mississippi</name>
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        <name>County of King WA Sewer Revenue</name>
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        <name>City of Chesterfield MO</name>
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        <name>Mississippi Development Bank</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Michigan State Hospital Finance Authority</name>
        <lei>54930011MIBQ2P7ZNM19</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Kansas Development Finance Authority</name>
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          <isin value="US485429RC03"/>
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        <valUSD>150000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Cherokee County Board of Education</name>
        <lei>N/A</lei>
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          <isin value="US164231LP52"/>
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        <curCd>USD</curCd>
        <valUSD>20158.80000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Environmental Facilities Corp.</name>
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          <isin value="US64985YDS63"/>
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        <curCd>USD</curCd>
        <valUSD>25674.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Maine Municipal Bond Bank</name>
        <lei>N/A</lei>
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          <isin value="US56045RPB95"/>
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        <curCd>USD</curCd>
        <valUSD>86687.25000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Northern California Power Agency</name>
        <lei>549300QYTU4PHD2XHS96</lei>
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        <cusip>664843NV7</cusip>
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          <isin value="US664843NV77"/>
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        <balance>215000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>227399.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Susquehanna Township School District</name>
        <lei>N/A</lei>
        <title>Susquehanna Township School District</title>
        <cusip>869182LS2</cusip>
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          <isin value="US869182LS29"/>
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        <balance>130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>139490.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Montgomery MD</name>
        <lei>549300GNX5SDUEBKPK13</lei>
        <title>County of Montgomery</title>
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          <isin value="US613340X941"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51011.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Maryland Stadium Authority</name>
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        <curCd>USD</curCd>
        <valUSD>86225.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.00000000</annualizedRt>
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        <name>Lincoln County School District/OR</name>
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          <maturityDt>2020-06-15</maturityDt>
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        <name>City of San Diego CA Sewer Utility Revenue</name>
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        <name>Barbers Hill Independent School District</name>
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        <name>County of Montgomery MD</name>
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        <name>Indiana Transportation Finance Authority</name>
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          <maturityDt>2020-12-01</maturityDt>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corp.</name>
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        <name>Delaware Transportation Authority</name>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Austin Community College District</name>
        <lei>N/A</lei>
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          <isin value="US052403DR00"/>
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      <invstOrSec>
        <name>North Royalton City School District</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Missouri City TX</name>
        <lei>N/A</lei>
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          <isin value="US6060204N29"/>
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          <maturityDt>2022-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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          <isin value="US45506DTA36"/>
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        <curCd>USD</curCd>
        <valUSD>53766.50000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Tucson AZ</name>
        <lei>N/A</lei>
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          <isin value="US898785NJ51"/>
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        <curCd>USD</curCd>
        <valUSD>50191.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Fargo ND</name>
        <lei>N/A</lei>
        <title>City of Fargo, NSDU Development Foundation Project</title>
        <cusip>307522AM4</cusip>
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          <isin value="US307522AM44"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51363.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>American Municipal Power, Inc.</name>
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          <isin value="US027651XB96"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-12-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lane County School District No. 4J Eugene</name>
        <lei>N/A</lei>
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          <isin value="US515300PK11"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of Florida</name>
        <lei>5493004G5XFOOUT0LQ57</lei>
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        <cusip>34153PK31</cusip>
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        <curCd>USD</curCd>
        <valUSD>26169.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Massachusetts Clean Water Trust (The)</name>
        <lei>549300SYPEROLSQU0261</lei>
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        <curCd>USD</curCd>
        <valUSD>21105.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Wayne County Airport Authority</name>
        <lei>N/A</lei>
        <title>Wayne County Airport Authority, Junior Lien, Series 2017A</title>
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          <isin value="US944514UQ95"/>
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          <maturityDt>2020-12-01</maturityDt>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
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          <isin value="US45204EXD56"/>
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          <maturityDt>2020-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Lower Colorado River Authority</name>
        <lei>549300QJFPW2NNBYR215</lei>
        <title>Lower Colorado River Authority</title>
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          <maturityDt>2023-05-15</maturityDt>
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        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
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          <maturityDt>2021-07-01</maturityDt>
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        <name>City of Knoxville TN</name>
        <lei>5493002KM0TCCHHCDT47</lei>
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        <name>University of Alaska</name>
        <lei>549300HX0P0XT4OEJZ25</lei>
        <title>University of Alaska</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Northport-East Northport Union Free School District</name>
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        <name>King County School District No. 414 Lake Washington</name>
        <lei>N/A</lei>
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        <name>West Virginia University</name>
        <lei>N/A</lei>
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        <name>Amarillo College</name>
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        <name>Indiana Finance Authority</name>
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          <annualizedRt>2.05000000</annualizedRt>
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        <name>State of Florida Department of Transportation</name>
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          <maturityDt>2024-07-01</maturityDt>
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        <name>University of Delaware</name>
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        <name>Alabama 21st Century Authority</name>
        <lei>N/A</lei>
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        <name>Houston Community College System</name>
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        <name>Parkland School District</name>
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        <name>Ivy Tech Community College of Indiana</name>
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        <name>Tulsa County Independent School District No. 5 Jenks</name>
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        <name>Alcorn State University Educational Building Corp. (The)</name>
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        <name>Trinity River Authority</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Minnesota Housing Finance Agency</name>
        <lei>549300R89XDTQBK4GE22</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-08-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Monongalia County Building Commission</name>
        <lei>N/A</lei>
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        <valUSD>200652.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lancaster Port Authority</name>
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          <isin value="US514401AT51"/>
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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>2022-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Westhill Central School District</name>
        <lei>N/A</lei>
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          <isin value="US960361KV41"/>
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        <curCd>USD</curCd>
        <valUSD>100106.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New Jersey Economic Development Authority</name>
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        <title>New Jersey Economic Development Authority</title>
        <cusip>64577XBM7</cusip>
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          <isin value="US64577XBM74"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45076.95000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of New Jersey</name>
        <lei>N/A</lei>
        <title>State of New Jersey</title>
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          <isin value="US646039UY19"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>150000.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Virginia Housing Development Authority</name>
        <lei>549300LW3QBOVLQBP895</lei>
        <title>Virginia Housing Development Authority</title>
        <cusip>92812UJ74</cusip>
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          <isin value="US92812UJ741"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>205876.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.49000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Colorado Health Facilities Authority</name>
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        <title>Colorado Health Facilities Authority, Catholic Health Initiatives</title>
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        <balance>15000.00000000</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>2040-01-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>City of Wichita KS</name>
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        <title>City of Wichita</title>
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        <balance>45000.00000000</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>2020-06-01</maturityDt>
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      <invstOrSec>
        <name>City of Paris TX</name>
        <lei>N/A</lei>
        <title>City of Paris</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-12-15</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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        <name>County of Miami-Dade FL</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Oklahoma Department of Transportation</name>
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          <maturityDt>2022-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Mexico Finance Authority</name>
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          <maturityDt>2023-06-15</maturityDt>
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        <name>Brazosport Independent School District</name>
        <lei>N/A</lei>
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          <maturityDt>2021-02-15</maturityDt>
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        <name>County of Adams CO</name>
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        <name>District of Columbia Water &amp; Sewer Authority</name>
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        <invCountry>US</invCountry>
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        <name>Austin Community College District Public Facility Corp.</name>
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        <name>Wilmington Parking Authority (The)</name>
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        <name>University of Missouri</name>
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        <name>University of Washington</name>
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      <invstOrSec>
        <name>Clifton Higher Education Finance Corp.</name>
        <lei>N/A</lei>
        <title>Clifton Higher Education Finance Corp., Idea Public Schools</title>
        <cusip>187145BA4</cusip>
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          <isin value="US187145BA40"/>
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        <curCd>USD</curCd>
        <valUSD>221200.60000000</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>2021-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.80000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Ohio</name>
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          <isin value="US677522CD49"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50613.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Columbus OH</name>
        <lei>N/A</lei>
        <title>City of Columbus</title>
        <cusip>1994916F3</cusip>
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          <isin value="US1994916F31"/>
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        <valUSD>25769.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Water &amp; Sewer System</name>
        <lei>N/A</lei>
        <title>New York City Water &amp; Sewer System</title>
        <cusip>64972GKC7</cusip>
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          <isin value="US64972GKC77"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20796.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>New Jersey Educational Facilities Authority</name>
        <lei>549300UTOO4X537XXG70</lei>
        <title>New Jersey Educational Facilities Authority</title>
        <cusip>646066DN7</cusip>
        <identifiers>
          <isin value="US646066DN76"/>
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        <balance>390000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>391653.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Coronado Community Development Agency Successor Agency</name>
        <lei>N/A</lei>
        <title>Coronado Community Development Agency Successor Agency</title>
        <cusip>21977AAC6</cusip>
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          <isin value="US21977AAC62"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>106015.00000000</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>2021-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Colorado Health Facilities Authority</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority, The Evangelical Lutheran Good Samaritan Society Project</title>
        <cusip>19648FCR3</cusip>
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          <isin value="US19648FCR38"/>
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        <curCd>USD</curCd>
        <valUSD>195000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>North Carolina Medical Care Commission</name>
        <lei>549300FH6KOXGCHQYG81</lei>
        <title>North Carolina Medical Care Commission</title>
        <cusip>65821DTV3</cusip>
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          <isin value="US65821DTV37"/>
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        <balance>635000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>635000.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>City of New York</title>
        <cusip>64966HG53</cusip>
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          <isin value="US64966HG536"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50395.50000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Ankeny Community School District</name>
        <lei>N/A</lei>
        <title>Ankeny Community School District</title>
        <cusip>035357XP2</cusip>
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          <isin value="US035357XP25"/>
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        <balance>20000.00000000</balance>
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        <valUSD>20943.60000000</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>2021-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Pella Community School District</name>
        <lei>N/A</lei>
        <title>Pella Community School District</title>
        <cusip>706048EY7</cusip>
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        <balance>270000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-06-01</maturityDt>
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          <annualizedRt>2.10000000</annualizedRt>
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        <name>Miami-Dade County Health Facilities Authority</name>
        <lei>N/A</lei>
        <title>Miami-Dade County Health Facilities Authority, Miami Children's Hospital Project</title>
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          <isin value="US59334NCP50"/>
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        <balance>700000.00000000</balance>
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        <invCountry>US</invCountry>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>State of Washington</title>
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        <name>City of Alexandria VA</name>
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          <annualizedRt>4.50000000</annualizedRt>
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        <name>Clemson University</name>
        <lei>N/A</lei>
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        <name>Trinity River Authority</name>
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        <invCountry>US</invCountry>
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        <name>Regional Transportation District</name>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>District of Columbia Housing Finance Agency</name>
        <lei>N/A</lei>
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          <isin value="US25477PNX95"/>
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        <curCd>USD</curCd>
        <valUSD>200690.00000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.00000200</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>University of Arizona (The)</name>
        <lei>N/A</lei>
        <title>University of Arizona (The)</title>
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          <isin value="US040484GU58"/>
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        <curCd>USD</curCd>
        <valUSD>30000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Detroit City School District</name>
        <lei>N/A</lei>
        <title>Detroit City School District</title>
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          <isin value="US251129G221"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>31516.80000000</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>2021-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Energy Northwest</name>
        <lei>N/A</lei>
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          <isin value="US29270CXQ31"/>
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        <curCd>USD</curCd>
        <valUSD>752940.00000000</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>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lexington County Health Services District, Inc.</name>
        <lei>N/A</lei>
        <title>Lexington County Health Services District, Inc.</title>
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        <identifiers>
          <isin value="US529050EH53"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>218084.00000000</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>2022-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Downtown Savannah Authority</name>
        <lei>N/A</lei>
        <title>Downtown Savannah Authority</title>
        <cusip>261172PE4</cusip>
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          <isin value="US261172PE49"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27565.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FYI Properties</name>
        <lei>N/A</lei>
        <title>FYI Properties</title>
        <cusip>302716BB0</cusip>
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          <isin value="US302716BB01"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50665.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Michigan</name>
        <lei>N/A</lei>
        <title>State of Michigan</title>
        <cusip>594612CG6</cusip>
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          <isin value="US594612CG69"/>
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        <balance>180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>184356.00000000</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>2020-12-01</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>Oklahoma Development Finance Authority</name>
        <lei>549300PXGPHUWC32DJ91</lei>
        <title>Oklahoma Development Finance Authority</title>
        <cusip>67884FEG7</cusip>
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          <isin value="US67884FEG72"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25000.00000000</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>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Waukesha WI</name>
        <lei>N/A</lei>
        <title>City of Waukesha</title>
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          <isin value="US943080KZ35"/>
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        <curCd>USD</curCd>
        <valUSD>40192.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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        <name>San Jacinto College District</name>
        <lei>N/A</lei>
        <title>San Jacinto College District</title>
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          <isin value="US798025NA60"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2021-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of Florida</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of El Paso TX</name>
        <lei>N/A</lei>
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        <valUSD>31751.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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          <maturityDt>2021-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Florida Municipal Power Agency</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2021-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Waltham MA</name>
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        <invCountry>US</invCountry>
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          <annualizedRt>4.10000000</annualizedRt>
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      <invstOrSec>
        <name>Arizona Transportation Board</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2020-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Niagara Falls City School District</name>
        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2020-07-10</maturityDt>
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      <invstOrSec>
        <name>South Central Connecticut Regional Water Authority</name>
        <lei>N/A</lei>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50312.50000000</valUSD>
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        <name>Columbia Housing &amp; Redevelopment Corp.</name>
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        <name>Fontana Redevelopment Agency Successor Agency</name>
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        <name>Ball State University</name>
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        <name>Lewisville Independent School District</name>
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      <invstOrSec>
        <name>City of Del Rio TX</name>
        <lei>N/A</lei>
        <title>City of Del Rio</title>
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          <isin value="US245379YJ54"/>
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        <curCd>USD</curCd>
        <valUSD>51343.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>County of Hudson NJ</name>
        <lei>N/A</lei>
        <title>County of Hudson</title>
        <cusip>443726P32</cusip>
        <identifiers>
          <isin value="US443726P323"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27858.75000000</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>2022-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>City of San Francisco CA Public Utilities Commission Water Revenue</name>
        <lei>N/A</lei>
        <title>City of San Francisco</title>
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        <identifiers>
          <isin value="US79765RWU93"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>48061.35000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-01</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>
        <name>Delaware Transportation Authority</name>
        <lei>N/A</lei>
        <title>Delaware Transportation Authority</title>
        <cusip>246428C46</cusip>
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          <isin value="US246428C463"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50196.50000000</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>2020-07-01</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>Missouri Joint Municipal Electric Utility Commission</name>
        <lei>N/A</lei>
        <title>Missouri Joint Municipal Electric Utility Commission</title>
        <cusip>606092HR8</cusip>
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          <isin value="US606092HR88"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>115803.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>State of Wisconsin</name>
        <lei>549300VTAT608CNZ5827</lei>
        <title>State of Wisconsin Clean Water Fund Leveraged Loan Portfolio</title>
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        <identifiers>
          <isin value="US977092SY24"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Baytown TX</name>
        <lei>N/A</lei>
        <title>City of Baytown</title>
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          <isin value="US073186EW43"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>61686.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Durham Housing Authority</name>
        <lei>N/A</lei>
        <title>Durham Housing Authority</title>
        <cusip>266785AD6</cusip>
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          <isin value="US266785AD60"/>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>489924.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Richmond VA</name>
        <lei>N/A</lei>
        <title>City of Richmond</title>
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        <identifiers>
          <isin value="US76541VMJ34"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36272.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>Lewisville Independent School District</name>
        <lei>N/A</lei>
        <title>Lewisville Independent School District</title>
        <cusip>528828X68</cusip>
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          <isin value="US528828X683"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>75740.25000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Berkeley Joint Powers Financing Authority</name>
        <lei>N/A</lei>
        <title>Berkeley Joint Powers Financing Authority</title>
        <cusip>084144DA9</cusip>
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          <isin value="US084144DA97"/>
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        <curCd>USD</curCd>
        <valUSD>66050.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2020-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Clark Pleasant Middle School Corp.</name>
        <lei>N/A</lei>
        <title>Clark Pleasant Middle School Corp.</title>
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          <isin value="US181507EL49"/>
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        <valUSD>205572.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Central Ohio Solid Waste Authority</name>
        <lei>N/A</lei>
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          <isin value="US154686KR94"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52298.55000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2023-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Houston TX</name>
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        <title>University of Houston</title>
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          <isin value="US914302BF09"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2025-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Ohio</name>
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          <maturityDt>2045-01-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.54000000</annualizedRt>
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        <name>Upper Moreland Township School District</name>
        <lei>N/A</lei>
        <title>Upper Moreland Township School District</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2020-09-01</maturityDt>
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          <annualizedRt>2.00000000</annualizedRt>
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        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>State of Washington</title>
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        <valUSD>53003.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2025-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>City of Omaha NE</name>
        <lei>N/A</lei>
        <title>City of Omaha</title>
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          <isin value="US681712PK54"/>
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        <balance>25000.00000000</balance>
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        <valUSD>26055.75000000</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>2021-04-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Western Regional Jail Authority</name>
        <lei>N/A</lei>
        <title>Western Regional Jail Authority</title>
        <cusip>95984RBF6</cusip>
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          <isin value="US95984RBF64"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>54581.00000000</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>2022-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Texas</name>
        <lei>549300X9CH74QB747L76</lei>
        <title>State of Texas</title>
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          <isin value="US882723MU07"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30486.60000000</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>2020-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Minnesota Housing Finance Agency</name>
        <lei>549300R89XDTQBK4GE22</lei>
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        <cusip>60416SZC7</cusip>
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          <isin value="US60416SZC78"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21036.80000000</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>2021-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Troy School District/MI</name>
        <lei>N/A</lei>
        <title>Troy School District</title>
        <cusip>897404QN2</cusip>
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          <isin value="US897404QN22"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>73040.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Town of Brookhaven NY</name>
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          <isin value="US113152TB86"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>101145.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Missouri State Environmental Improvement &amp; Energy Resources Authority</name>
        <lei>N/A</lei>
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        <cusip>60636UAF6</cusip>
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          <isin value="US60636UAF66"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>80332.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mustang Special Utility District</name>
        <lei>N/A</lei>
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        <cusip>62821VCU0</cusip>
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          <isin value="US62821VCU08"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26442.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>West Clark 2000 School Building Corp.</name>
        <lei>N/A</lei>
        <title>West Clark 2000 School Building Corp.</title>
        <cusip>952108DJ4</cusip>
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          <isin value="US952108DJ41"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25136.25000000</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>2020-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tulsa Public Facilities Authority</name>
        <lei>N/A</lei>
        <title>Tulsa Public Facilities Authority</title>
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          <isin value="US899673CP00"/>
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        <curCd>USD</curCd>
        <valUSD>180000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Iowa Board of Regents</name>
        <lei>N/A</lei>
        <title>Iowa State Board of Regents, University of Iowa Hospitals and Clinics</title>
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          <isin value="US46256QFJ04"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25239.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Castaic Lake Water Agency</name>
        <lei>N/A</lei>
        <title>Castaic Lake Water Agency</title>
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          <isin value="US14837KAV70"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>44284.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Davidson NC</name>
        <lei>N/A</lei>
        <title>County of Davidson</title>
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          <isin value="US238595MJ85"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Vermont Municipal Bond Bank</name>
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          <isin value="US924214Q938"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30426.30000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-12-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>Michigan Finance Authority</name>
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        <balance>665000.00000000</balance>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.65400200</annualizedRt>
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        <name>Tahoe-Truckee Sanitation Agency</name>
        <lei>N/A</lei>
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          <isin value="US873883AE22"/>
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        <balance>30000.00000000</balance>
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        <valUSD>35679.30000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Palm Beach FL</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2020-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Waukee Community School District</name>
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        <title>Waukee Community School District, Series 2014C</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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        <name>Southeast Alabama Gas Supply District (The)</name>
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        <title>Southeast Alabama Gas Supply District (The), Project No. 2</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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      <invstOrSec>
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      <invstOrSec>
        <name>City of Berkeley CA</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Virginia College Building Authority</name>
        <lei>N/A</lei>
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          <isin value="US927781QS66"/>
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        <name>Town of Dedham MA</name>
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        <valUSD>30052.80000000</valUSD>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Ohio</name>
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        <valUSD>25398.00000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2020-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Jackson MI</name>
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          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Clark Department of Aviation</name>
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        <curCd>USD</curCd>
        <valUSD>577226.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Metropolitan Government of Nashville &amp; Davidson County TN Electric Revenue</name>
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          <isin value="US592030D234"/>
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        <curCd>USD</curCd>
        <valUSD>47108.25000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Tucson AZ</name>
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          <isin value="US898735SL04"/>
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        <valUSD>351022.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Village of Waunakee WI</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-04-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Las Vegas Valley Water District</name>
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          <maturityDt>2022-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Virginia Public Building Authority</name>
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        <name>DuBois Hospital Authority</name>
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        <name>Morongo Unified School District</name>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <name>State of Washington</name>
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        <name>City of Memphis TN</name>
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        <name>City of New York NY</name>
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      <invstOrSec>
        <name>Sales Tax Asset Receivable Corp.</name>
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        <name>City of Lawrence KS</name>
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          <maturityDt>2021-05-01</maturityDt>
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        <name>New York State Urban Development Corp.</name>
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          <maturityDt>2021-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Palestine Multi-School Building Corp.</name>
        <lei>N/A</lei>
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          <maturityDt>2020-07-15</maturityDt>
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        <name>Bexar County Hospital District</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Brookings School District No. 005-1</name>
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        <name>University of Nebraska</name>
        <lei>N/A</lei>
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          <isin value="US9146415Y74"/>
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          <maturityDt>2020-06-01</maturityDt>
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        <name>City of Greensboro NC Combined Water &amp; Sewer System Revenue</name>
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        <name>Kansas Development Finance Authority</name>
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        <name>California Infrastructure &amp; Economic Development Bank</name>
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        <name>Virginia Resources Authority</name>
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        <name>Mississippi Hospital Equipment &amp; Facilities Authority</name>
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        <name>State of Washington</name>
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        <name>Commack Union Free School District</name>
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      <invstOrSec>
        <name>Alaska Energy Authority</name>
        <lei>N/A</lei>
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          <isin value="US011692DX57"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2020-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lansing Board of Water &amp; Light</name>
        <lei>N/A</lei>
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          <isin value="US516391AF62"/>
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          <maturityDt>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>City of Charlotte NC</name>
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        <curCd>USD</curCd>
        <valUSD>58637.50000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Springfield School District/Delaware County</name>
        <lei>N/A</lei>
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          <isin value="US851347QX50"/>
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        <valUSD>52352.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Conroe Independent School District</name>
        <lei>N/A</lei>
        <title>Conroe Independent School District, School Building</title>
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          <isin value="US208418F737"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>County of Williamson TX</name>
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          <isin value="US969887C556"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Johnson County Unified School District No. 512 Shawnee Mission</name>
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          <isin value="US478740TQ69"/>
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        <name>Carmel Redevelopment Authority</name>
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          <isin value="US143294GQ31"/>
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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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      <invstOrSec>
        <name>City of Lewisville TX</name>
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          <isin value="US528815EM13"/>
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        <invCountry>US</invCountry>
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        <name>Borough of North Slope AK</name>
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          <maturityDt>2020-06-30</maturityDt>
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        <name>City of Charleston WV Sewerage System Revenue</name>
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        <name>Mississippi Development Bank</name>
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        <name>County of Manatee FL Public Utilities Revenue</name>
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        <name>Clint Independent School District</name>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <name>Columbia-Brazoria Independent School District</name>
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        <name>Montgomery County Economic Development Authority</name>
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        <name>Iowa Finance Authority</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Dallas TX</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of El Paso TX Water &amp; Sewer Revenue</name>
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        <name>State of Connecticut Special Tax Revenue</name>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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          <isin value="US97712DN449"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-08-15</maturityDt>
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        <name>Canadian County Independent School District No. 69 Mustang</name>
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        <name>Borough of Matanuska-Susitna AK</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2020-09-01</maturityDt>
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        <name>Fort Wayne Redevelopment Authority</name>
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      <invstOrSec>
        <name>County of Clackamas OR</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Florida Department of Environmental Protection</name>
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          <isin value="US34160WXN90"/>
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          <maturityDt>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Authority</name>
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          <isin value="US546282N674"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Colorado Health Facilities Authority</name>
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        <title>Colorado Health Facilities Authority, Covenant Retirement Communities, Inc.</title>
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          <isin value="US19648AA625"/>
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        <curCd>USD</curCd>
        <valUSD>76330.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Waukee Community School District</name>
        <lei>N/A</lei>
        <title>Waukee Community School District</title>
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          <isin value="US942833XA72"/>
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        <curCd>USD</curCd>
        <valUSD>105000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Durham Capital Financing Corp.</name>
        <lei>N/A</lei>
        <title>Durham Capital Financing Corp.</title>
        <cusip>266780AR6</cusip>
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          <isin value="US266780AR69"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>65750.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Del Rio TX</name>
        <lei>N/A</lei>
        <title>City of Del Rio</title>
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          <isin value="US245379J787"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Leavenworth KS</name>
        <lei>N/A</lei>
        <title>County of Leavenworth</title>
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          <isin value="US522138FV30"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>127277.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Charleston SC</name>
        <lei>N/A</lei>
        <title>County of Charleston</title>
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          <isin value="US160069VR87"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Florida Department of Transportation Turnpike System Revenue</name>
        <lei>N/A</lei>
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          <isin value="US3431367X91"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Allegheny PA</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2021-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of New York NY</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2020-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>American Municipal Power, Inc.</name>
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          <isin value="US027651XC79"/>
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        <name>City of Chattanooga TN Electric Revenue</name>
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        <name>Brentwood Infrastructure Financing Authority</name>
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          <isin value="US10727YBA38"/>
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        <name>Township of Harrison NJ</name>
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          <maturityDt>2020-08-01</maturityDt>
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        <name>Hammond Local Public Improvement Bond Bank</name>
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          <isin value="US408394GM07"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2020-12-31</maturityDt>
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      <invstOrSec>
        <name>City of Frederick MD</name>
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      <invstOrSec>
        <name>Bowling Green State University</name>
        <lei>N/A</lei>
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          <maturityDt>2020-06-01</maturityDt>
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      <invstOrSec>
        <name>Regional Public Transportation Authority</name>
        <lei>N/A</lei>
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          <isin value="US75902JAZ21"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>El Camino Healthcare District</name>
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          <maturityDt>2020-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>District of Columbia</name>
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          <isin value="US25476FMS47"/>
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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>2020-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of New York NY</name>
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        <curCd>USD</curCd>
        <valUSD>23537.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Hospital Facilities Authority of Multnomah County Oregon</name>
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          <isin value="US62551PCX33"/>
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        <balance>75000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fox Valley Technical College District</name>
        <lei>N/A</lei>
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          <isin value="US351594TY24"/>
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        <curCd>USD</curCd>
        <valUSD>161200.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-12-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Oklahoma Development Finance Authority</name>
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          <isin value="US67884FPJ92"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-06-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2020-12-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Hannibal Industrial Development Authority</name>
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          <maturityDt>2020-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Maryland Economic Development Corp.</name>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Colorado Water Resources &amp; Power Development Authority</name>
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        <name>North Penn School District</name>
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        <name>City of Richmond CA Wastewater Revenue</name>
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        <invCountry>US</invCountry>
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        <name>District of Columbia</name>
        <lei>549300HWFOZXPKGOX654</lei>
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      <invstOrSec>
        <name>Town of Lunenburg MA</name>
        <lei>N/A</lei>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>Hampton Roads Sanitation District</name>
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        <name>City of Norfolk VA</name>
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          <maturityDt>2020-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Missouri State Regional Convention &amp; Sports Complex Authority</name>
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          <maturityDt>2020-08-15</maturityDt>
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        <name>Burbank Unified School District</name>
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          <maturityDt>2020-08-01</maturityDt>
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        <name>New Mexico Finance Authority</name>
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          <maturityDt>2020-06-15</maturityDt>
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        <name>Township of Dover PA</name>
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          <maturityDt>2021-09-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>Lewisville Independent School District</name>
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          <maturityDt>2020-10-01</maturityDt>
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        <name>Appalachian State University</name>
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        <name>Louisville/Jefferson County Metropolitan Government</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>District of Columbia</name>
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          <maturityDt>2020-10-01</maturityDt>
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        <name>Zionsville Community Schools Building Corp.</name>
        <lei>N/A</lei>
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          <isin value="US98972LMB44"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Colorado Springs CO Utilities System Revenue</name>
        <lei>N/A</lei>
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          <isin value="US196632A860"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-11-15</maturityDt>
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      <invstOrSec>
        <name>Camden County Improvement Authority (The)</name>
        <lei>549300UTQBT9ZE0QFB15</lei>
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          <isin value="US13281KWF10"/>
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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>2021-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Connecticut Housing Finance Authority</name>
        <lei>5493003DXX0NRJKSH186</lei>
        <title>Connecticut Housing Finance Authority</title>
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          <isin value="US20775BT977"/>
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        <curCd>USD</curCd>
        <valUSD>221788.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.35000000</annualizedRt>
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      <invstOrSec>
        <name>County of Dare NC</name>
        <lei>N/A</lei>
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          <isin value="US23720EBJ82"/>
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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>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Township of East Amwell NJ</name>
        <lei>N/A</lei>
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          <isin value="US270505EJ53"/>
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        <curCd>USD</curCd>
        <valUSD>27405.00000000</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>2023-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Massachusetts Bay Transportation Authority</name>
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          <isin value="US575579XB85"/>
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        <curCd>USD</curCd>
        <valUSD>55215.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Norfolk VA</name>
        <lei>N/A</lei>
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        <valUSD>50813.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
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        <curCd>USD</curCd>
        <valUSD>192285.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Carmel 2002 School Building Corp.</name>
        <lei>N/A</lei>
        <title>Carmel 2002 School Building Corp.</title>
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          <isin value="US143277DM05"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Charlotte FL</name>
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        <name>West Virginia Economic Development Authority</name>
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        <name>Township of Edison NJ</name>
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        <name>Lower Colorado River Authority</name>
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        <name>City of Houston TX Combined Utility System Revenue</name>
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        <name>County of York PA</name>
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        <name>Palm Beach County Health Facilities Authority</name>
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      <invstOrSec>
        <name>Town of Bedford MA</name>
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      <invstOrSec>
        <name>City of White Bear Lake MN</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>County of Kenton KY</name>
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      <invstOrSec>
        <name>University of Florida Department of Housing &amp; Residence Education Hsg Sys Rev</name>
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          <maturityDt>2022-07-01</maturityDt>
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        <name>City of Pearland TX</name>
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        <name>Forsyth County Water &amp; Sewerage Authority</name>
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        <name>County of Eagle CO</name>
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        <name>Garden State Preservation Trust</name>
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        <name>University of Mississippi Educational Building Corp.</name>
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          <isin value="US914476TZ96"/>
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        <name>City &amp; County of Denver CO Airport System Revenue</name>
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        <name>Klein Independent School District</name>
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        <name>Spencerport Central School District</name>
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        <name>Hamburg Area School District</name>
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      <invstOrSec>
        <name>Pennsylvania Economic Development Financing Authority</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Town of East Longmeadow MA</name>
        <lei>N/A</lei>
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          <maturityDt>2020-08-01</maturityDt>
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        <name>Port Authority of New York &amp; New Jersey</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Wake NC</name>
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        <curCd>USD</curCd>
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          <maturityDt>2020-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Durham Housing Authority</name>
        <lei>N/A</lei>
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          <isin value="US266785AL86"/>
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        <balance>100000.00000000</balance>
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        <valUSD>100254.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.30000000</annualizedRt>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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        <balance>25000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Buffalo Municipal Water Finance Authority</name>
        <lei>N/A</lei>
        <title>Buffalo Municipal Water Finance Authority</title>
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          <isin value="US119699JE74"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>175658.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Montgomery County Industrial Development Authority/PA</name>
        <lei>N/A</lei>
        <title>Montgomery County Industrial Development Authority, Waverly Heights Ltd. Project</title>
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          <isin value="US613609H413"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>127575.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Virginia Resources Authority</name>
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          <isin value="US92818LUN09"/>
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        <valUSD>25483.50000000</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>2023-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Waco TX</name>
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        <balance>20000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Development Authority for Fulton County</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Bexar County Hospital District</name>
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          <isin value="US088365FX42"/>
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        <balance>40000.00000000</balance>
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        <name>Development Authority of Gwinnett County</name>
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        <name>City of Novi MI</name>
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        <name>Union County Higher Educational Facilities Financing Authority</name>
        <lei>N/A</lei>
        <title>Union County Higher Educational Facilities Financing Authority</title>
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        <name>State of Hawaii Airports System Revenue</name>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Authority</name>
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        <invCountry>US</invCountry>
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        <name>State of Washington</name>
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      <invstOrSec>
        <name>Golden State Tobacco Securitization Corp.</name>
        <lei>N/A</lei>
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          <isin value="US38122NXZ04"/>
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      <invstOrSec>
        <name>City of Houston TX Combined Utility System Revenue</name>
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          <isin value="US44244CGE12"/>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-08-15</maturityDt>
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          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>Troy Capital Resource Corp.</name>
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          <isin value="US897579AS73"/>
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          <maturityDt>2020-08-01</maturityDt>
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      <invstOrSec>
        <name>Wyandotte County-Kansas City Unified Government</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-11-01</maturityDt>
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          <annualizedRt>2.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of Florida Department of Transportation Turnpike System Revenue</name>
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        <valUSD>50196.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Fontana Redevelopment Agency Successor Agency</name>
        <lei>N/A</lei>
        <title>Fontana Redevelopment Agency Successor Agency</title>
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          <isin value="US34461CAF14"/>
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          <maturityDt>2023-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Florida State Board of Governors</name>
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          <maturityDt>2024-07-01</maturityDt>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp.</title>
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        <name>State of Florida Lottery Revenue</name>
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        <name>City of Colorado Springs CO Utilities System Revenue</name>
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        <name>Vermont Housing Finance Agency</name>
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        <name>Duluth Independent School District No. 709</name>
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        <name>Weber School District</name>
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      <invstOrSec>
        <name>Black Belt Energy Gas District</name>
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          <isin value="US09182RAF82"/>
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      <invstOrSec>
        <name>Carmel Redevelopment Authority</name>
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      <invstOrSec>
        <name>McLennan County Junior College District</name>
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          <maturityDt>2021-08-15</maturityDt>
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      <invstOrSec>
        <name>Iowa City Community School District</name>
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          <isin value="US462328AE50"/>
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        <name>State of Georgia</name>
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      <invstOrSec>
        <name>Smithtown Central School District</name>
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          <isin value="US832492XY38"/>
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      <invstOrSec>
        <name>Michigan Finance Authority</name>
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          <isin value="US59447PTT83"/>
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      <invstOrSec>
        <name>Harris County Cultural Education Facilities Finance Corp.</name>
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          <isin value="US414009JM33"/>
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      <invstOrSec>
        <name>Florida Department of Management Services</name>
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        <name>Los Angeles Community College District</name>
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        <name>Manheim Township School District</name>
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        <name>Cobb-Marietta Coliseum &amp; Exhibit Hall Authority</name>
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        <name>Oklahoma Housing Finance Agency</name>
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        <name>Horry County School District/SC</name>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corp.</name>
        <lei>N/A</lei>
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          <isin value="US888808GV82"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-06-01</maturityDt>
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      <invstOrSec>
        <name>District of Columbia</name>
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        <name>State of Connecticut</name>
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          <maturityDt>2023-10-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>California Health Facilities Financing Authority</name>
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          <isin value="US13032UBP21"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Ridgeland MS</name>
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          <maturityDt>2024-08-01</maturityDt>
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        <name>State of California Department of Water Resources</name>
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          <maturityDt>2020-12-01</maturityDt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <assetCat>STIV</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-11-01</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>City of New York NY</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-08-01</maturityDt>
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        <name>Florida Department of Environmental Protection</name>
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        <name>Maine Health &amp; Higher Educational Facilities Authority</name>
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        <name>Colorado Health Facilities Authority</name>
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        <name>Jacksonville Transportation Authority</name>
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        <name>Camden County Improvement Authority (The)</name>
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        <name>San Antonio Water System</name>
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        <name>Florida Municipal Power Agency</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Michigan Finance Authority</name>
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        <name>Arizona Health Facilities Authority</name>
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          <maturityDt>2021-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Ohio</name>
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          <maturityDt>2020-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>New York State Dormitory Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Lancaster PA</name>
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          <maturityDt>2023-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Houston TX Airport System Revenue</name>
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          <isin value="US4423484B18"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-01</maturityDt>
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          <annualizedRt>0.16000100</annualizedRt>
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        <name>Hopewell Valley Regional School District</name>
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          <maturityDt>2020-08-15</maturityDt>
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        <name>Oklahoma Department of Transportation</name>
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        <name>State of Washington</name>
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          <maturityDt>2021-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Rhode Island Commerce Corp.</name>
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          <maturityDt>2020-06-15</maturityDt>
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        <name>Adams &amp; Arapahoe Joint School District 28J Aurora</name>
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        <name>New Mexico Hospital Equipment Loan Council</name>
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        <name>Canadian County Independent School District No. 69 Mustang</name>
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        <name>City of Lincoln NE Electric System Revenue</name>
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        <name>Cypress-Fairbanks Independent School District</name>
        <lei>N/A</lei>
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          <maturityDt>2023-02-15</maturityDt>
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      <invstOrSec>
        <name>Cleveland-Cuyahoga County Port Authority</name>
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      <invstOrSec>
        <name>Minnetonka Independent School District No. 276</name>
        <lei>N/A</lei>
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          <maturityDt>2022-10-01</maturityDt>
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      <invstOrSec>
        <name>County of Broward FL</name>
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          <maturityDt>2021-01-01</maturityDt>
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        <name>City of New York NY</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-08-01</maturityDt>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <isin value="US64990HGX26"/>
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        <balance>15000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Highlands Residential Services</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-04-01</maturityDt>
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      <invstOrSec>
        <name>Hudson Independent School District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-02-15</maturityDt>
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      <invstOrSec>
        <name>Magnolia Independent School District/TX</name>
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        <name>South Alabama Gas District</name>
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        <name>Washoe County School District/NV</name>
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          <maturityDt>2020-06-01</maturityDt>
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        <name>Main Street Natural Gas, Inc.</name>
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        <name>Alabama 21st Century Authority</name>
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        <name>New Jersey Economic Development Authority</name>
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        <name>Kane &amp; DeKalb Counties Community Unit School District No. 302 Kaneland</name>
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        <name>Lexington County School District No. 1</name>
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        <name>Arkansas Development Finance Authority</name>
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        <name>Orchard School District</name>
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        <name>School Board of Miami-Dade County (The)</name>
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        <name>Michigan State University</name>
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        <name>Kent County Building Authority/MI</name>
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        <name>University of Wyoming</name>
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        <name>Hooper Water Improvement District</name>
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      <invstOrSec>
        <name>Union Springs Central School District</name>
        <lei>N/A</lei>
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          <isin value="US908380HC52"/>
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        <curCd>USD</curCd>
        <valUSD>50070.00000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2020-06-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>St. Lucie County School Board</name>
        <lei>N/A</lei>
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        <cusip>792075NE9</cusip>
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          <isin value="US792075NE92"/>
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        <curCd>USD</curCd>
        <valUSD>31432.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Minnesota State Colleges And Universities Foundation</name>
        <lei>N/A</lei>
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          <isin value="US60414FJP62"/>
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        <curCd>USD</curCd>
        <valUSD>25303.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Jennings County School Building Corp.</name>
        <lei>N/A</lei>
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        <cusip>476160RP3</cusip>
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          <isin value="US476160RP34"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51416.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wyoming State Loan &amp; Investment Board</name>
        <lei>N/A</lei>
        <title>Wyoming State Loan &amp; Investment Board</title>
        <cusip>98348PBW8</cusip>
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          <isin value="US98348PBW86"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>33254.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority Future Tax Secured</title>
        <cusip>64971XKY3</cusip>
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          <isin value="US64971XKY30"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26081.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of New York NY</name>
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        <title>City of New York</title>
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          <isin value="US64966MJE03"/>
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        <valUSD>36913.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Mexico Finance Authority</name>
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        <title>New Mexico Finance Authority</title>
        <cusip>64711NKU8</cusip>
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          <isin value="US64711NKU80"/>
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        <curCd>USD</curCd>
        <valUSD>25000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Johnson County Unified School District No. 233 Olathe</name>
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          <isin value="US478718R928"/>
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        <valUSD>57442.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>South Country Central School District at Brookhaven</name>
        <lei>N/A</lei>
        <title>South Country Central School District at Brookhaven</title>
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        <valUSD>25449.50000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-10-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <valUSD>20105.20000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Minnesota</name>
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        <title>State of Minnesota</title>
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        <name>Lake Local School District/Stark County OH</name>
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        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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        <name>Texas Municipal Power Agency</name>
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        <name>Johnson County Public Building Commission</name>
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        <name>New York State Dormitory Authority</name>
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      <invstOrSec>
        <name>City of Bryan TX</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>City of Oklahoma City OK</name>
        <lei>N/A</lei>
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          <isin value="US678519MW62"/>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>County of Eagle CO</name>
        <lei>N/A</lei>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of North Carolina</name>
        <lei>N/A</lei>
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          <isin value="US6582562F85"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Infrastructure Bank</name>
        <lei>5493006ZE03IRA2BET07</lei>
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          <isin value="US6457916Q23"/>
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        <curCd>USD</curCd>
        <valUSD>37932.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of New York NY</name>
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          <isin value="US64966KYX52"/>
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        <curCd>USD</curCd>
        <valUSD>281755.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Williamson TN</name>
        <lei>N/A</lei>
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          <isin value="US969872EX40"/>
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        <curCd>USD</curCd>
        <valUSD>30958.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Regional Transportation District</name>
        <lei>N/A</lei>
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          <isin value="US75913TJG04"/>
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        <balance>50000.00000000</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>2024-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
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        <cusip>64971Q5D1</cusip>
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          <isin value="US64971Q5D10"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>239624.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Grant County Public Utility District No. 2</name>
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        <valUSD>25700.25000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-01-01</maturityDt>
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        <name>Palm Beach County Health Facilities Authority</name>
        <lei>N/A</lei>
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          <maturityDt>2020-08-15</maturityDt>
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        <name>Irvington Union Free School District</name>
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        <name>City of New York NY</name>
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          <maturityDt>2020-10-01</maturityDt>
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        <name>Clark County School District No. 37 Vancouver</name>
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        <name>Village of Midlothian IL</name>
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        <name>Port of Los Angeles</name>
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        <name>Rocky Point Union Free School District</name>
        <lei>N/A</lei>
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        <name>Permanent University Fund - Texas A&amp;M University System</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Dakota Public Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US65887PVC66"/>
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        <curCd>USD</curCd>
        <valUSD>441046.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Permanent University Fund - Texas A&amp;M University System</name>
        <lei>N/A</lei>
        <title>Permanent University Fund - Texas A&amp;M University System</title>
        <cusip>882117Y40</cusip>
        <identifiers>
          <isin value="US882117Y408"/>
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        <curCd>USD</curCd>
        <valUSD>80310.40000000</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>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>City of New York</title>
        <cusip>64966LKN0</cusip>
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          <isin value="US64966LKN00"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>87058.50000000</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>2024-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>University of Florida Department of Housing &amp; Residence Education Housing System Revenue</name>
        <lei>N/A</lei>
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        <cusip>34157TCM6</cusip>
        <identifiers>
          <isin value="US34157TCM62"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25097.75000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Oklahoma Capitol Improvement Authority</name>
        <lei>549300LYHYBINTZ5AY71</lei>
        <title>Oklahoma Capitol Improvement Authority</title>
        <cusip>678514AT7</cusip>
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          <isin value="US678514AT74"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>60215.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Avon Lake OH</name>
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          <isin value="US054087QU82"/>
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        <curCd>USD</curCd>
        <valUSD>143281.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Austin TX Water &amp; Wastewater System Revenue</name>
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        <title>City of Austin</title>
        <cusip>0524764N5</cusip>
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          <isin value="US0524764N55"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>53370.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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        <cusip>45505MBC9</cusip>
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          <isin value="US45505MBC91"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>127929.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Hampshire Municipal Bond Bank</name>
        <lei>N/A</lei>
        <title>New Hampshire Municipal Bond Bank</title>
        <cusip>64465PYX0</cusip>
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          <isin value="US64465PYX04"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25246.25000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Town of Cromwell CT</name>
        <lei>N/A</lei>
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          <isin value="US227147NL52"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27099.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-08-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Baldwin County Board of Education/AL</name>
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          <maturityDt>2020-06-01</maturityDt>
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        <name>City of Rockville MD</name>
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        <name>Miracosta Community College District</name>
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        <name>Grays Harbor County Public Utility District No. 1</name>
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        <name>Chattanooga Health Educational &amp; Housing Facility Board</name>
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        <name>County of Buncombe NC</name>
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        <name>New Jersey Economic Development Authority</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>County of Montgomery MD</name>
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        <name>Abag Finance Authority for Nonprofit Corp.</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Flemington Raritan Regional Board of Education</name>
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        <name>Alhambra Unified School District</name>
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        <name>County of Prince George's MD</name>
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        <name>Michigan State Building Authority</name>
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          <maturityDt>2020-11-01</maturityDt>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-08-15</maturityDt>
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        <name>State of Washington</name>
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          <maturityDt>2020-07-01</maturityDt>
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        <name>University of Colorado</name>
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          <maturityDt>2020-06-01</maturityDt>
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        <name>County of Allen OH</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-06-01</maturityDt>
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        <name>Columbus City School District</name>
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          <maturityDt>2020-12-01</maturityDt>
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        <name>City of Kansas City MO</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-02-01</maturityDt>
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        <name>California Infrastructure &amp; Economic Development Bank</name>
        <lei>549300C1OG9RDIM8ET06</lei>
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        <name>County of Miami-Dade FL Transit System</name>
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          <maturityDt>2020-07-01</maturityDt>
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        <name>Los Angeles County Metropolitan Transportation Authority</name>
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        <name>North Carolina Eastern Municipal Power Agency</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>Main Street Natural Gas, Inc.</name>
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        <name>Purdue University</name>
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        <name>State of North Carolina</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>Ocean Township Board of Education/Monmouth County</name>
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        <name>Alta Loma School District</name>
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        <name>County of Boulder CO</name>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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        <name>Oklahoma County Independent School District No. 89 Oklahoma City</name>
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        <name>Pennsylvania Higher Educational Facilities Authority</name>
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        <name>Missouri State Environmental Improvement &amp; Energy Resources Authority</name>
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        <name>County of Miami-Dade FL Aviation Revenue</name>
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        <name>South Bend Community School Corp.</name>
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        <name>Massachusetts Bay Transportation Authority</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>City of Phoenix Civic Improvement Corp.</name>
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        <name>Lake Central Multi-District School Building Corp.</name>
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        <name>Skaneateles Central School District/NY</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>City of Cedar Hill TX</name>
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      <invstOrSec>
        <name>University of Texas System (The)</name>
        <lei>TEHUYFNKZR6XVWLGEU86</lei>
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          <isin value="US91514AFD28"/>
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          <maturityDt>2020-08-15</maturityDt>
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      <invstOrSec>
        <name>Brookhaven Development Authority</name>
        <lei>N/A</lei>
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        <cusip>113073AB6</cusip>
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          <isin value="US113073AB67"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <isin value="US64990BWV16"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>California Public Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US13057EBL74"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-10-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ontario Public Financing Authority</name>
        <lei>N/A</lei>
        <title>Ontario Public Financing Authority</title>
        <cusip>68304SAH1</cusip>
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          <isin value="US68304SAH13"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36824.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Fort Bend County Water Control &amp; Improvement District No. 2</name>
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          <isin value="US346820UN12"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-09-01</maturityDt>
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        <name>Indiana Bond Bank</name>
        <lei>549300TZMGETS4ELEI93</lei>
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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>2023-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Pennsylvania Housing Finance Agency</name>
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        <name>Idaho Housing &amp; Finance Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>University of Texas System (The)</name>
        <lei>TEHUYFNKZR6XVWLGEU86</lei>
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        <name>New Jersey Building Authority</name>
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        <name>City &amp; County Honolulu HI Wastewater System Revenue</name>
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        <name>West Virginia Commissioner of Highways</name>
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        <name>Oklahoma Capitol Improvement Authority</name>
        <lei>549300LYHYBINTZ5AY71</lei>
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        <name>West Babylon Union Free School District</name>
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      <invstOrSec>
        <name>Reedy Creek Improvement District</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>State of Maryland Department of Transportation</name>
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          <maturityDt>2021-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Apex Park &amp; Recreation District</name>
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          <isin value="US03762RAS13"/>
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          <maturityDt>2024-12-01</maturityDt>
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        <name>California Health Facilities Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-08-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Anderson Regional Joint Water System</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Regional Transportation Authority</name>
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          <isin value="US759911WD81"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>University of Colorado Hospital Authority</name>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Johnstown-Monroe Local School District</name>
        <lei>N/A</lei>
        <title>Johnstown-Monroe Local School District</title>
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        <balance>200000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Housing &amp; Mortgage Finance Agency</name>
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        <name>State of Hawaii Department of Hawaiian Home Lands</name>
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          <maturityDt>2022-11-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Russellville School District No. 14</name>
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          <annualizedRt>3.37500000</annualizedRt>
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          <maturityDt>2020-09-15</maturityDt>
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          <annualizedRt>2.50000000</annualizedRt>
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      <invstOrSec>
        <name>University of Iowa Facilities Corp.</name>
        <lei>N/A</lei>
        <title>University of Iowa Facilities Corp.</title>
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          <isin value="US914364TX28"/>
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          <maturityDt>2020-06-01</maturityDt>
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          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>Clear Lake City Water Authority</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <isin value="US64971QBD43"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Town of Apex NC</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-06-01</maturityDt>
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      <invstOrSec>
        <name>Texas Woman's University</name>
        <lei>N/A</lei>
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          <isin value="US882874EP19"/>
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          <maturityDt>2020-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>City of Tallahassee FL</name>
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          <maturityDt>2020-10-01</maturityDt>
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        <name>City &amp; County of San Francisco CA</name>
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        <name>University of Arkansas</name>
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        <name>Iowa Finance Authority</name>
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        <name>Silicon Valley Clean Water</name>
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        <name>University of Texas System (The)</name>
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      <invstOrSec>
        <name>Alamo Regional Mobility Authority</name>
        <lei>N/A</lei>
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          <isin value="US011432AE17"/>
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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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      <invstOrSec>
        <name>Town of Winthrop MA</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>26192.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-09-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lone Star College System</name>
        <lei>N/A</lei>
        <title>Lone Star College System</title>
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          <isin value="US542264EW26"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Rose-Wolcott Central School District</name>
        <lei>N/A</lei>
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          <isin value="US662028FL88"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-06-30</maturityDt>
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          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Ohio</name>
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          <isin value="US677905CX75"/>
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        <curCd>USD</curCd>
        <valUSD>31813.20000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2022-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>School District of Broward County/FL</name>
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        <curCd>USD</curCd>
        <valUSD>135463.75000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>San Antonio Water System</name>
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          <isin value="US79642BZR76"/>
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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>2021-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Montgomery TX</name>
        <lei>N/A</lei>
        <title>County of Montgomery</title>
        <cusip>613681Q32</cusip>
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          <isin value="US613681Q322"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25885.75000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Public Finance Authority</name>
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        <title>Public Finance Authority</title>
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          <isin value="US74441XFW48"/>
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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>2052-12-01</maturityDt>
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          <annualizedRt>5.35000000</annualizedRt>
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      <invstOrSec>
        <name>Cleveland-Cuyahoga County Port Authority</name>
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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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      <invstOrSec>
        <name>Albuquerque Bernalillo County Water Utility Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-07-01</maturityDt>
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        <name>City of Ames IA</name>
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          <maturityDt>2020-06-01</maturityDt>
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        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
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          <annualizedRt>2.00000200</annualizedRt>
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        <name>City of Gulf Breeze FL</name>
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          <maturityDt>2020-12-01</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>University of Colorado</name>
        <lei>N/A</lei>
        <title>University of Colorado</title>
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        <name>City of Avon OH</name>
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        <name>Missouri Joint Municipal Electric Utility Commission</name>
        <lei>N/A</lei>
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        <name>Pima County Regional Transportation Authority</name>
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        <invCountry>US</invCountry>
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        <name>Chambersburg Area School District</name>
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        <name>City of New York NY</name>
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        <name>County of Harford MD</name>
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        <name>Village of Sussex WI</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Village of McCook IL</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2021-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Village of Midlothian IL</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Floyd County Hospital Authority</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>35131.95000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2020-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <invCountry>US</invCountry>
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          <maturityDt>2021-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Metropolitan Government Nashville &amp; Davidson County Health &amp; Educational Facilities Bonds</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-11-15</maturityDt>
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        <name>Hopewell Valley Regional School District</name>
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        <name>New York State Urban Development Corp.</name>
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        <name>Charlotte-Mecklenburg Hospital Authority (The)</name>
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        <name>Imperial Irrigation District</name>
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        <name>Philadelphia Gas Works Co.</name>
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          <maturityDt>2020-08-01</maturityDt>
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        <name>Minnesota Housing Finance Agency</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2020-08-01</maturityDt>
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      <invstOrSec>
        <name>Hamilton Southeastern Consolidated School Building Corp.</name>
        <lei>N/A</lei>
        <title>Hamilton Southeastern Consolidated School Building Corp.</title>
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      <invstOrSec>
        <name>Albany Municipal Water Finance Authority</name>
        <lei>N/A</lei>
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          <maturityDt>2020-12-01</maturityDt>
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      <invstOrSec>
        <name>City of San Antonio TX Electric &amp; Gas Systems Revenue</name>
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          <isin value="US7962532G68"/>
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        <invCountry>US</invCountry>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Florida Department of Environmental Protection</name>
        <lei>N/A</lei>
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          <isin value="US34160WZF49"/>
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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>2022-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of New York NY</name>
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        <valUSD>20125.40000000</valUSD>
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          <maturityDt>2020-08-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>East Troy Community School District</name>
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        <valUSD>25505.25000000</valUSD>
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          <maturityDt>2021-03-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>Indiana Housing &amp; Community Development Authority</name>
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          <maturityDt>2047-07-01</maturityDt>
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        <name>Florida Municipal Power Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Dallas TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Collier FL</name>
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        <name>City of Las Vegas NV</name>
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        <name>West Hollywood Public Financing Authority</name>
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        <name>County of Montgomery AL</name>
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        <name>Ohlone Community College District</name>
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        <name>University of Missouri</name>
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        <name>County of Lancaster PA</name>
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        <name>New Jersey Infrastructure Bank</name>
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        <name>North Carolina Medical Care Commission</name>
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        <name>State of Washington</name>
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      <invstOrSec>
        <name>County of Skagit WA</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Waukee Community School District</name>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Brazos River Authority</name>
        <lei>N/A</lei>
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          <isin value="US106207GY34"/>
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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>2020-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Water &amp; Sewer System</name>
        <lei>N/A</lei>
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          <isin value="US64972F3P92"/>
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        <curCd>USD</curCd>
        <valUSD>95133.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ohio Water Development Authority</name>
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          <isin value="US677659SE52"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>University of Mississippi Educational Building Corp.</name>
        <lei>N/A</lei>
        <title>University of Mississippi Educational Building Corp.</title>
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          <isin value="US914476UB00"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Harrison County School District</name>
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          <isin value="US415072HD27"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-06-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Florida</name>
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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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      <invstOrSec>
        <name>Cuyahoga Metropolitan Housing Authority</name>
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        <assetCat>STIV</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-04-01</maturityDt>
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        <name>Mansfield Township Board of Education/Warren County</name>
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          <maturityDt>2020-07-15</maturityDt>
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        <name>University of New Mexico (The)</name>
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        <name>Kentucky Economic Development Finance Authority</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Public Finance Authority</name>
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        <name>Toms River Board of Education</name>
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        <name>Health &amp; Educational Facilities Authority of the State of Missouri</name>
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        <assetCat>DBT</assetCat>
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      <invstOrSec>
        <name>City of Houston TX Combined Utility System Revenue</name>
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      <invstOrSec>
        <name>Kentucky Association of Counties Finance Corp.</name>
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        <name>State of Florida</name>
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        <name>Northside Independent School District</name>
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      <invstOrSec>
        <name>Solano County Community College District</name>
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      <invstOrSec>
        <name>Town of Prosper TX</name>
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      <invstOrSec>
        <name>Monroe County Industrial Development Corp.</name>
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          <maturityDt>2021-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>San Diego County Regional Transportation Commission</name>
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          <isin value="US797400GU62"/>
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      <invstOrSec>
        <name>City of Colorado Springs CO Utilities System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-11-15</maturityDt>
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      <invstOrSec>
        <name>El Paso Downtown Development Corp.</name>
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          <isin value="US283738AK80"/>
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        <name>New York State Dormitory Authority</name>
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        <name>Oregon State Bond Bank</name>
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          <maturityDt>2022-01-01</maturityDt>
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        <name>Del Mar College District</name>
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        <name>Lone Star College System</name>
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        <name>City of Tallahassee FL Energy System Revenue</name>
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        <name>South Dakota Board of Regents Housing &amp; Auxiliary Facilities System</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>Railsplitter Tobacco Settlement Authority</name>
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          <maturityDt>2021-06-01</maturityDt>
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        <name>McClain County Economic Development Authority</name>
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        <name>Snohomish County Public Transportation Benefit Area Corp.</name>
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        <name>North Texas Municipal Water District Upper East Fork Wastewater Interceptor Sys</name>
        <lei>N/A</lei>
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          <isin value="US662842MQ39"/>
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        <curCd>USD</curCd>
        <valUSD>28499.25000000</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>2023-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>New York City Water &amp; Sewer System</name>
        <lei>N/A</lei>
        <title>New York City Water &amp; Sewer System</title>
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          <isin value="US64972GSL94"/>
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        <curCd>USD</curCd>
        <valUSD>38854.90000000</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>2024-06-15</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>
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      <invstOrSec>
        <name>Michigan Finance Authority</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority</title>
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          <isin value="US59447TLX99"/>
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        <curCd>USD</curCd>
        <valUSD>141438.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Utah UT</name>
        <lei>N/A</lei>
        <title>County of Utah</title>
        <cusip>917393BT6</cusip>
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          <isin value="US917393BT63"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>114148.65000000</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>2022-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Smith TX</name>
        <lei>N/A</lei>
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          <isin value="US832033HU12"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35274.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Haven Community Schools</name>
        <lei>N/A</lei>
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        <cusip>645172JH1</cusip>
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          <isin value="US645172JH14"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27255.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Carlisle Area School District</name>
        <lei>N/A</lei>
        <title>Carlisle Area School District</title>
        <cusip>142508PJ3</cusip>
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          <isin value="US142508PJ33"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27621.50000000</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>2024-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Waukee Community School District</name>
        <lei>N/A</lei>
        <title>Waukee Community School District</title>
        <cusip>942833WM2</cusip>
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          <isin value="US942833WM20"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36651.30000000</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>2021-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Virginia Resources Authority</name>
        <lei>N/A</lei>
        <title>Virginia Resources Authority</title>
        <cusip>92817LRE5</cusip>
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          <isin value="US92817LRE55"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15241.35000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Township of North Coventry PA</name>
        <lei>N/A</lei>
        <title>Township of North Coventry</title>
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          <isin value="US658830BV52"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30042.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Township of Little Falls NJ</name>
        <lei>N/A</lei>
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          <isin value="US537173LP91"/>
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        <balance>533638.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>538275.31000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-12-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Washington State University</name>
        <lei>N/A</lei>
        <title>Washington State University</title>
        <cusip>9400934Y0</cusip>
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          <isin value="US9400934Y02"/>
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        <balance>35000.00000000</balance>
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        <valUSD>35557.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Texas</name>
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        <balance>105000.00000000</balance>
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        <valUSD>105959.70000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-08-27</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>City of Albuquerque NM</name>
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          <isin value="US01354PEC41"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2020-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Valparaiso Multi-Schools Building Corp.</name>
        <lei>N/A</lei>
        <title>Valparaiso Multi-Schools Building Corp.</title>
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          <isin value="US920284FR26"/>
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        <valUSD>25139.25000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of College Station TX</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2021-02-15</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Madison WI Water Utility Revenue</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2024-11-01</maturityDt>
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          <annualizedRt>1.50000000</annualizedRt>
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        <name>City of Morristown TN</name>
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        <valUSD>104798.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Pennsylvania Higher Educational Facilities Authority</name>
        <lei>N/A</lei>
        <title>Pennsylvania Higher Educational Facilities Authority</title>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Virginia Resources Authority</name>
        <lei>N/A</lei>
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          <isin value="US92817LPD90"/>
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        <valUSD>25402.25000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Metropolitan Transportation Authority</name>
        <lei>5493000TKYODLXADQD60</lei>
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          <isin value="US59259N2C67"/>
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        <curCd>USD</curCd>
        <valUSD>111811.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>County of Clark NV</name>
        <lei>N/A</lei>
        <title>County of Clark</title>
        <cusip>180848RV7</cusip>
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          <isin value="US180848RV75"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>53814.15000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of New York NY</name>
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          <isin value="US64966MJD20"/>
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        <curCd>USD</curCd>
        <valUSD>85672.35000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Putnam Valley Central School District</name>
        <lei>N/A</lei>
        <title>Putnam Valley Central School District</title>
        <cusip>746894HK3</cusip>
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          <isin value="US746894HK30"/>
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        <curCd>USD</curCd>
        <valUSD>25035.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-06-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Northampton County General Purpose Authority</name>
        <lei>N/A</lei>
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          <isin value="US66353LCN55"/>
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        <curCd>USD</curCd>
        <valUSD>231203.25000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Whitestown Redevelopment Authority</name>
        <lei>N/A</lei>
        <title>Whitestown Redevelopment Authority</title>
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          <isin value="US966100BJ74"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26652.75000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>City of Manhattan KS</name>
        <lei>N/A</lei>
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        <cusip>562895AJ1</cusip>
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          <isin value="US562895AJ14"/>
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        <balance>20000.00000000</balance>
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        <valUSD>20752.60000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <name>Town of Cary NC</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>State of Washington</name>
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        <title>State of Washington</title>
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        <balance>35000.00000000</balance>
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        <valUSD>39657.80000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2023-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Henderson NC</name>
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        <name>Municipality of Anchorage AK</name>
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        <name>University of Nebraska</name>
        <lei>N/A</lei>
        <title>University of Nebraska</title>
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        <name>Union Township School Corp.</name>
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        <name>Walton County District School Board</name>
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        <name>City of Portland OR Sewer System Revenue</name>
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        <name>Travis County Health Facilities Development Corp.</name>
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      <invstOrSec>
        <name>East Wenatchee Water District/WA</name>
        <lei>N/A</lei>
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          <isin value="US275791GD75"/>
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        <curCd>USD</curCd>
        <valUSD>27753.75000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
        <lei>N/A</lei>
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          <isin value="US64972HZ963"/>
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        <curCd>USD</curCd>
        <valUSD>20114.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Yorktown Central School District</name>
        <lei>5493000UEPIYSL3B1537</lei>
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          <isin value="US987289KB05"/>
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        <curCd>USD</curCd>
        <valUSD>114199.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Mexico Finance Authority</name>
        <lei>549300L6217Y7X40SP94</lei>
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        <cusip>64711NSP1</cusip>
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          <isin value="US64711NSP14"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20760.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>San Antonio Housing Trust Finance Corp.</name>
        <lei>N/A</lei>
        <title>San Antonio Housing Trust Finance Corp.</title>
        <cusip>79626PAH5</cusip>
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          <isin value="US79626PAH55"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40410.40000000</valUSD>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.37499800</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Whitehall OH Nontax Revenue</name>
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          <isin value="US965167AB59"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-12-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Maryland</name>
        <lei>N/A</lei>
        <title>State of Maryland</title>
        <cusip>574193JQ2</cusip>
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          <isin value="US574193JQ28"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>70450.90000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
        <lei>549300ISNGXS0VHGVD41</lei>
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          <isin value="US97710B7P19"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>112138.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Trinity River Authority Central Regional Wastewater System Revenue</name>
        <lei>N/A</lei>
        <title>Trinity River Authority Central Regional Wastewater System</title>
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          <isin value="US89658HVQ00"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>63317.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Mexico Finance Authority</name>
        <lei>549300L6217Y7X40SP94</lei>
        <title>New Mexico Finance Authority</title>
        <cusip>64711RKP0</cusip>
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          <isin value="US64711RKP00"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45039.15000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
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        <cusip>646136WC1</cusip>
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          <isin value="US646136WC15"/>
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        <curCd>USD</curCd>
        <valUSD>57586.10000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>Somerset County Improvement Authority</name>
        <lei>N/A</lei>
        <title>Somerset County Improvement Authority</title>
        <cusip>834666LC1</cusip>
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          <isin value="US834666LC18"/>
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        <valUSD>27144.50000000</valUSD>
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          <maturityDt>2022-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>County of Spotsylvania VA</name>
        <lei>N/A</lei>
        <title>County of Spotsylvania</title>
        <cusip>849254TF4</cusip>
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        <invCountry>US</invCountry>
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          <maturityDt>2021-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Charlotte NC</name>
        <lei>5493001QNY6JJFWHQ568</lei>
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        <invCountry>US</invCountry>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Taylor TX</name>
        <lei>N/A</lei>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
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        <name>North Colonie Central School District</name>
        <lei>N/A</lei>
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        <name>County of Warren NJ</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>State of Hawaii</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Village of Fox Crossing WI</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>State of Washington</title>
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          <isin value="US93974ECZ79"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>City &amp; County Honolulu HI Wastewater System Revenue</name>
        <lei>N/A</lei>
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          <isin value="US438701A614"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Los Angeles CA</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Rhode Island Commerce Corp.</name>
        <lei>N/A</lei>
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          <isin value="US762232AE66"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Massachusetts School Building Authority</name>
        <lei>N/A</lei>
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          <isin value="US576000YD97"/>
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        <curCd>USD</curCd>
        <valUSD>42325.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Phoenix Civic Improvement Corp.</name>
        <lei>N/A</lei>
        <title>City of Phoenix Civic Improvement Corp.</title>
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        <curCd>USD</curCd>
        <valUSD>400011.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Garland TX Electric Utility System Revenue</name>
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        <curCd>USD</curCd>
        <valUSD>247174.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Hidalgo TX</name>
        <lei>N/A</lei>
        <title>County of Hidalgo</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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          <maturityDt>2021-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
        <lei>549300ROY505NVTMMI25</lei>
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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>2033-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Oregon Housing &amp; Community Services Department</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2023-06-01</maturityDt>
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        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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        <balance>250000.00000000</balance>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Broward FL Half-Cent Sales Tax Revenue</name>
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          <maturityDt>2020-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>University of Texas System (The)</name>
        <lei>TEHUYFNKZR6XVWLGEU86</lei>
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          <maturityDt>2020-08-15</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Jennings County School Building Corp.</name>
        <lei>N/A</lei>
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        <name>Oklahoma Development Finance Authority</name>
        <lei>549300PXGPHUWC32DJ91</lei>
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        <balance>25000.00000000</balance>
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        <invCountry>US</invCountry>
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        <name>Palm Beach County School District</name>
        <lei>N/A</lei>
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        <name>Virginia College Building Authority</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Eastwood Local School District</name>
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        <name>Cypress-Fairbanks Independent School District</name>
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          <maturityDt>2021-02-15</maturityDt>
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        <name>Washoe County School District/NV</name>
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          <maturityDt>2020-06-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Railsplitter Tobacco Settlement Authority</name>
        <lei>N/A</lei>
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          <isin value="US75076PAJ49"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2021-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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      <invstOrSec>
        <name>Orange County Public Facilities Co.</name>
        <lei>N/A</lei>
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          <isin value="US684618AZ46"/>
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          <maturityDt>2020-10-01</maturityDt>
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        <name>State of Rhode Island</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2020-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Virginia Commonwealth Transportation Board</name>
        <lei>N/A</lei>
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          <isin value="US92778UAM27"/>
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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>San Jose Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US798153LG52"/>
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          <maturityDt>2022-06-01</maturityDt>
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        <name>State of Mississippi</name>
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        <name>Monroe Township Board of Education/Middlesex County</name>
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          <maturityDt>2021-07-15</maturityDt>
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        <name>Maricopa County Unified School District No. 97-Deer Valley/AZ</name>
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        <name>Urban Redevelopment Authority of Pittsburgh</name>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
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      <invstOrSec>
        <name>Valdosta Housing Authority</name>
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        <name>Greenville County School District</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>County of Somerset NJ</name>
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        <name>University of North Carolina at Chapel Hill</name>
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          <isin value="US914714BX74"/>
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        <name>San Francisco Bay Area Rapid Transit District Sales Tax Revenue</name>
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        <name>Johnson County Public Building Commission</name>
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        <name>State of New Mexico Severance Tax Permanent Fund</name>
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        <name>Main Street Natural Gas, Inc.</name>
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        <name>University of North Texas System</name>
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        <name>Mustang Special Utility District</name>
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        <name>Austin Community College District</name>
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        <name>Aledo Independent School District</name>
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          <maturityDt>2022-02-15</maturityDt>
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        <name>Monroe County Industrial Development Corp.</name>
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        <name>Ramsey School District</name>
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        <name>County of Allen OH Hospital Facilities Revenue</name>
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        <name>County of Prince George's MD</name>
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        <name>Ogden City School District Municipal Building Authority</name>
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        <name>Black Belt Energy Gas District</name>
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        <name>Medical Center Educational Building Corp.</name>
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        <name>New Mexico Finance Authority</name>
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        <name>Clarence Central School District</name>
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        <name>Metropolitan Pier &amp; Exposition Authority</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of White Plains NY</name>
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          <maturityDt>2021-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-15</maturityDt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <isin value="US64971QJB05"/>
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        <curCd>USD</curCd>
        <valUSD>25492.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Minneapolis Special School District No. 1</name>
        <lei>N/A</lei>
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        <valUSD>25471.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Pennsylvania Turnpike Commission</name>
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          <isin value="US709224M309"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-01</maturityDt>
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          <annualizedRt>0.12000000</annualizedRt>
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      <invstOrSec>
        <name>City of Grand Rapids MI</name>
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          <isin value="US386226WZ38"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Wisconsin Department of Transportation</name>
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          <isin value="US977123U970"/>
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        <valUSD>57872.65000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of Ohio</name>
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        <curCd>USD</curCd>
        <valUSD>40601.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
        <title>Texas Water Development Board</title>
        <cusip>882854VX7</cusip>
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          <isin value="US882854VX79"/>
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        <valUSD>132337.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Capital Trust Agency, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-12-01</maturityDt>
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          <annualizedRt>4.25000000</annualizedRt>
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        <name>Metropolitan Wastewater Management Commission</name>
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        <title>Metropolitan Wastewater Management Commission</title>
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          <maturityDt>2020-11-01</maturityDt>
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        <name>Hesston Public Building Commission</name>
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          <maturityDt>2020-10-01</maturityDt>
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        <name>State of Ohio</name>
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          <maturityDt>2020-08-01</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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        <name>San Juan Unified School District</name>
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          <maturityDt>2020-11-01</maturityDt>
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        <name>South San Francisco Unified School District</name>
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        <name>Palomar Community College District</name>
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      <invstOrSec>
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        <name>Springdale School District No. 50</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Town of Dracut MA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Palm Springs Financing Authority</name>
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          <maturityDt>2022-11-01</maturityDt>
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          <annualizedRt>3.12500000</annualizedRt>
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        <name>Missouri State Environmental Improvement &amp; Energy Resources Authority</name>
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          <isin value="US60636P7H76"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Wisconsin Department of Transportation</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>University of Akron (The)</name>
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        <name>State of West Virginia</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-06-01</maturityDt>
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        <name>City of New York NY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>County of York PA</name>
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        <name>Pike Township Multi-School Building Corp.</name>
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        <name>New York State Dormitory Authority</name>
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        <name>State of Ohio</name>
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        <name>Texas Transportation Commission State Highway Fund</name>
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        <name>Main Street Natural Gas, Inc.</name>
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        <name>City of New York NY</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Franklin Township-Marion County Multiple School Building Corp.</name>
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        <name>Maryland Environmental Service</name>
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      <invstOrSec>
        <name>Mississippi State University Educational Building Corp.</name>
        <lei>N/A</lei>
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        <name>Ivy Tech Community College of Indiana</name>
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        <name>2004 Plainfield Community High School Building Corp.</name>
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        <name>State of New Mexico Severance Tax Permanent Fund</name>
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        <name>Austin Community College District</name>
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        <name>City of Little Rock AR Water Reclamation System Revenue</name>
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        <name>Village of Midlothian IL</name>
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        <name>State of Louisiana</name>
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        <name>Delaware Transportation Authority</name>
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        <name>Pennsylvania Economic Development Financing Authority</name>
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        <name>Palm Beach County School District</name>
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        <name>Department of Veterans Affairs Veteran's Farm &amp; Home Purchase Program</name>
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        <name>Golden State Tobacco Securitization Corp.</name>
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        <name>Hays Consolidated Independent School District</name>
        <lei>N/A</lei>
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          <annualizedRt>5.00000000</annualizedRt>
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          <maturityDt>2022-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-11-01</maturityDt>
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          <annualizedRt>3.62500000</annualizedRt>
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        <name>Austin Community College District</name>
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          <isin value="US052403FF44"/>
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          <maturityDt>2020-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Hudson County Improvement Authority</name>
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          <isin value="US44372RDC97"/>
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        <curCd>USD</curCd>
        <valUSD>25153.75000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Phoenix Civic Improvement Corp.</name>
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        <title>City of Phoenix Civic Improvement Corp.</title>
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          <isin value="US71883RMA85"/>
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        <curCd>USD</curCd>
        <valUSD>25097.50000000</valUSD>
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          <maturityDt>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Tulsa County Independent School District No. 5 Jenks</name>
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          <maturityDt>2020-06-01</maturityDt>
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          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>Jennings County School Building Corp.</name>
        <lei>N/A</lei>
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          <isin value="US476160QN94"/>
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        <name>Oklahoma Development Finance Authority</name>
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        <name>University System of Maryland</name>
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        <name>Jennings County School Building Corp.</name>
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        <name>Black Belt Energy Gas District</name>
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        <name>Las Varas Public Facility Corp.</name>
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        <name>City of Portland OR</name>
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        <name>University of Iowa (The)</name>
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        <name>Ohio Housing Finance Agency</name>
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        <name>City of Phoenix Civic Improvement Corp.</name>
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        <name>University of Texas System (The)</name>
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        <name>Los Angeles County Metropolitan Transportation Authority</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Rhode Island Infrastructure Bank Water Pollution Control Revolving Fund</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas State Technical College</name>
        <lei>N/A</lei>
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          <isin value="US882761AZ25"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Houston TX Combined Utility System Revenue</name>
        <lei>N/A</lei>
        <title>City of Houston</title>
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          <isin value="US44244CMR50"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36923.25000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Texas Municipal Water District Water System Revenue</name>
        <lei>N/A</lei>
        <title>North Texas Municipal Water District Water System</title>
        <cusip>662903WL3</cusip>
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          <isin value="US662903WL38"/>
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        <curCd>USD</curCd>
        <valUSD>44337.20000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2024-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <name>Pennsylvania State University (The)</name>
        <lei>549300QDK4O4XCJ47X56</lei>
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          <isin value="US709235TQ85"/>
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        <curCd>USD</curCd>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.58000000</annualizedRt>
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        <name>City of West Des Moines IA</name>
        <lei>N/A</lei>
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        <balance>25000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority</title>
        <cusip>45505MAJ5</cusip>
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          <isin value="US45505MAJ53"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-10-01</maturityDt>
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        <name>New York State Dormitory Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-07-01</maturityDt>
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        <name>Capital Area Housing Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Westchester Tobacco Asset Securitization Corp.</name>
        <lei>N/A</lei>
        <title>Westchester Tobacco Asset Securitization Corp.</title>
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          <isin value="US957480AZ90"/>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <name>University of California</name>
        <lei>N/A</lei>
        <title>University of California</title>
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        <name>Township of Livingston NJ</name>
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        <name>Utah Transit Authority</name>
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      <invstOrSec>
        <name>Pennsbury School District</name>
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      <invstOrSec>
        <name>City of Malden MA</name>
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          <isin value="US561076H607"/>
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        <valUSD>35771.40000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2020-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Economic Development Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-01-01</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Cedar Park TX Utility System Revenue</name>
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          <isin value="US150462JE09"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Texas</name>
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          <isin value="US882722N564"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>42257.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Oregon</name>
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          <isin value="US68609TGU60"/>
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        <curCd>USD</curCd>
        <valUSD>100000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.10000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dallas Area Rapid Transit</name>
        <lei>75YWM81F2R6UQGJIEW47</lei>
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          <isin value="US235241MV59"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20375.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Trinity Area School District</name>
        <lei>N/A</lei>
        <title>Trinity Area School District</title>
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          <isin value="US896417NP38"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30471.30000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Phoenix Civic Improvement Corp.</name>
        <lei>N/A</lei>
        <title>City of Phoenix Civic Improvement Corp.</title>
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          <isin value="US71883PKC04"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100390.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Alabama Public School &amp; College Authority</name>
        <lei>N/A</lei>
        <title>Alabama Public School &amp; College Authority</title>
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        <valUSD>21559.00000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2022-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Las Lomitas Elementary School District</name>
        <lei>N/A</lei>
        <title>Las Lomitas Elementary School District</title>
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        <invCountry>US</invCountry>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Clifton Higher Education Finance Corp.</name>
        <lei>N/A</lei>
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          <maturityDt>2020-08-15</maturityDt>
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        <name>University of Arkansas</name>
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        <name>Mohave County Unified School District No. 1 Lake Havasu</name>
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          <maturityDt>2022-04-01</maturityDt>
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        <name>Florida Municipal Power Agency</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2020-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Ankeny IA</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2020-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Oklahoma Agricultural &amp; Mechanical Colleges</name>
        <lei>N/A</lei>
        <title>Oklahoma Agricultural &amp; Mechanical Colleges</title>
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        <valUSD>100684.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
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        <name>County of Miami-Dade FL Water &amp; Sewer System Revenue</name>
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      <invstOrSec>
        <name>Maryland State Transportation Authority</name>
        <lei>N/A</lei>
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          <isin value="US574300KE86"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2020-07-01</maturityDt>
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      <invstOrSec>
        <name>Southern California Public Power Authority</name>
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          <maturityDt>2024-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Town of Lexington MA</name>
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        <curCd>USD</curCd>
        <valUSD>76915.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Reedy Creek Improvement District</name>
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          <isin value="US758449NM01"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Utah Charter School Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US91754TXN89"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-04-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Alpine School District/UT</name>
        <lei>N/A</lei>
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          <isin value="US021087TR26"/>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2021-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of York PA</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-12-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Monroe County Industrial Development Corp.</name>
        <lei>N/A</lei>
        <title>Monroe County Industrial Development Corp.</title>
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          <isin value="US610730BV47"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Baltimore MD</name>
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        <name>State of Wisconsin</name>
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        <name>State of Minnesota</name>
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          <maturityDt>2020-10-01</maturityDt>
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        <name>Madison Area Technical College/WI</name>
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        <name>Owen J Roberts School District</name>
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        <name>Commonwealth of Massachusetts Federal Highway Grant Anticipation Note Revenue</name>
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        <name>Connecticut Housing Finance Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <maturityDt>2022-10-01</maturityDt>
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      <invstOrSec>
        <name>Rhode Island Health and Educational Building Corp.</name>
        <lei>N/A</lei>
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          <isin value="US762197KC44"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Eden Prairie MN</name>
        <lei>N/A</lei>
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          <isin value="US279518DX94"/>
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        <valUSD>40052.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-01-15</maturityDt>
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          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Cedar Park TX</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of North Wildwood NJ</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>10115.30000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Los Angeles County Redevelopment Refunding Authority Redev Agency Successor Agy</name>
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          <isin value="US54465AEK43"/>
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        <curCd>USD</curCd>
        <valUSD>55426.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Florida</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Sevastopol School District</name>
        <lei>N/A</lei>
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        <balance>625000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Harpeth Valley Utilities District of Davidson and Williamson Counties TN</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-09-01</maturityDt>
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        <name>Town of Shrewsbury MA</name>
        <lei>N/A</lei>
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        <name>State of Michigan</name>
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        <name>Denton Independent School District</name>
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        <name>Klein Independent School District</name>
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        <name>Houston Independent School District</name>
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        <name>Metropolitan Pier &amp; Exposition Authority</name>
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        <name>County of Harris TX</name>
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        <name>City of Burlington VT</name>
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        <name>City of Dallas TX Waterworks &amp; Sewer System Revenue</name>
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        <name>Brentwood Infrastructure Financing Authority</name>
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          <maturityDt>2020-10-01</maturityDt>
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        <name>Glynn-Brunswick Memorial Hospital Authority</name>
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        <name>County of Delaware PA</name>
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      <invstOrSec>
        <name>Sales Tax Asset Receivable Corp.</name>
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          <maturityDt>2020-10-15</maturityDt>
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        <name>State of Ohio</name>
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      <invstOrSec>
        <name>Jefferson County School District Finance Corp.</name>
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      <invstOrSec>
        <name>Kern Community College District</name>
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      <invstOrSec>
        <name>New York State Urban Development Corp.</name>
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        <name>Piedmont Municipal Power Agency</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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          <maturityDt>2030-01-01</maturityDt>
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      <invstOrSec>
        <name>North Texas Municipal Water District</name>
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      <invstOrSec>
        <name>County of Montgomery OH</name>
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      <invstOrSec>
        <name>Energy Northwest</name>
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        <name>County of Pittsylvania VA</name>
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      <invstOrSec>
        <name>County of Sullivan NY</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>46216.35000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-05-15</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>New York State Thruway Authority Highway &amp; Bridge Trust Fund</name>
        <lei>N/A</lei>
        <title>New York State Thruway Authority Highway &amp; Bridge Trust Fund</title>
        <cusip>650014UL5</cusip>
        <identifiers>
          <isin value="US650014UL56"/>
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        <curCd>USD</curCd>
        <valUSD>52003.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Brevard County School District</name>
        <lei>N/A</lei>
        <title>Brevard County School District</title>
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          <isin value="US107431KE79"/>
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        <curCd>USD</curCd>
        <valUSD>35126.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tulsa Public Facilities Authority</name>
        <lei>N/A</lei>
        <title>Tulsa Public Facilities Authority</title>
        <cusip>899673CS4</cusip>
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          <isin value="US899673CS49"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>117203.90000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Montgomery MD</name>
        <lei>549300GNX5SDUEBKPK13</lei>
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        <cusip>61334EBG2</cusip>
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          <isin value="US61334EBG26"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26667.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
        <lei>N/A</lei>
        <title>Ohio Water Development Authority Water Pollution Control Loan Fund</title>
        <cusip>67766WVY5</cusip>
        <identifiers>
          <isin value="US67766WVY55"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>76815.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>King County School District No. 1 Seattle</name>
        <lei>N/A</lei>
        <title>King County School District No. 1 Seattle</title>
        <cusip>494836HQ5</cusip>
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          <isin value="US494836HQ57"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Nevada</name>
        <lei>N/A</lei>
        <title>State of Nevada, Capital Improvement and Cultural Affairs, Series 2012B</title>
        <cusip>641461UX4</cusip>
        <identifiers>
          <isin value="US641461UX42"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>31698.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Las Vegas Valley Water District</name>
        <lei>N/A</lei>
        <title>Las Vegas Valley Water District</title>
        <cusip>517845FS7</cusip>
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          <isin value="US517845FS70"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Hawaii Harbor System Revenue</name>
        <lei>N/A</lei>
        <title>State of Hawaii Harbor System</title>
        <cusip>41981TFN8</cusip>
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          <isin value="US41981TFN81"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50178.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>City of Phoenix Civic Improvement Corp.</name>
        <lei>N/A</lei>
        <title>City of Phoenix Civic Improvement Corp., Civic Plaza Expansion</title>
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          <isin value="US71884WAJ09"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20078.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Mexico Finance Authority</name>
        <lei>549300L6217Y7X40SP94</lei>
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        <cusip>64711N3S2</cusip>
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          <isin value="US64711N3S20"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>80140.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Clark NV</name>
        <lei>N/A</lei>
        <title>County of Clark</title>
        <cusip>181000NX4</cusip>
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          <isin value="US181000NX46"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45171.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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          <isin value="US64966MC725"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10062.70000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-08-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>New Hampshire Health and Education Facilities Authority Act</name>
        <lei>549300CNCK7OT82W5653</lei>
        <title>New Hampshire Health and Education Facilities Authority Act</title>
        <cusip>6446143Y3</cusip>
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          <isin value="US6446143Y39"/>
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        <balance>25000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Oklahoma Housing Finance Agency</name>
        <lei>N/A</lei>
        <title>Oklahoma Housing Finance Agency</title>
        <cusip>67886UAL5</cusip>
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          <isin value="US67886UAL52"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>75722.25000000</valUSD>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.59999800</annualizedRt>
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      <invstOrSec>
        <name>Ypsilanti Community Utilities Authority</name>
        <lei>N/A</lei>
        <title>Ypsilanti Community Utilities Authority</title>
        <cusip>987834QB7</cusip>
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          <isin value="US987834QB74"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>192482.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2023-04-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Virginia Public School Authority</name>
        <lei>N/A</lei>
        <title>Virginia Public School Authority</title>
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          <isin value="US92817SYU67"/>
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        <balance>110000.00000000</balance>
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        <valUSD>110877.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
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      <invstOrSec>
        <name>City of South Jordan UT</name>
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      <invstOrSec>
        <name>County of New Castle DE</name>
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          <maturityDt>2021-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Economic Development Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Ogden City UT</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Sheboygan Area School District</name>
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        <valUSD>50064.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <name>North Texas Municipal Water District</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2020-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Dunedin FL Water &amp; Sewer Revenue</name>
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        <curCd>USD</curCd>
        <valUSD>202422.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Royal Oak Hospital Finance Authority</name>
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        <invCountry>US</invCountry>
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        <name>City of Akron OH Income Tax Revenue</name>
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        <name>City of Apopka FL Utility System Revenue</name>
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        <name>County of Charleston SC</name>
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        <name>Pike Township Multi-School Building Corp.</name>
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        <name>Alexandria Lake Area Sanitation District</name>
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        <name>State of Washington</name>
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        <name>County of Clark Department of Aviation</name>
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        <name>City of Royal Oak MI</name>
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        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-12-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Erie County Industrial Development Agency (The)</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Robertson TN</name>
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          <isin value="US770570S595"/>
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        <curCd>USD</curCd>
        <valUSD>78313.50000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Denton TX</name>
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          <isin value="US248775K989"/>
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        <curCd>USD</curCd>
        <valUSD>45260.55000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of King WA Sewer Revenue</name>
        <lei>N/A</lei>
        <title>County of King</title>
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          <isin value="US495289P386"/>
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        <curCd>USD</curCd>
        <valUSD>26305.75000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Florida Department of Transportation Turnpike System Revenue</name>
        <lei>N/A</lei>
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          <isin value="US343137EF82"/>
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        <curCd>USD</curCd>
        <valUSD>93489.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Jennings County School Building Corp.</name>
        <lei>N/A</lei>
        <title>Jennings County School Building Corp., First Mortgage</title>
        <cusip>476160RQ1</cusip>
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          <isin value="US476160RQ17"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>41630.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Spokane &amp; Whitman Counties School District No. 360 Cheney</name>
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          <isin value="US848641JG26"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27945.25000000</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>2022-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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          <isin value="US45506DZU26"/>
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        <balance>100000.00000000</balance>
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        <valUSD>104448.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Orlando-Orange County Expressway Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Missouri State Board of Public Buildings</name>
        <lei>N/A</lei>
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          <isin value="US606341DQ58"/>
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          <maturityDt>2023-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Oklahoma Development Finance Authority</name>
        <lei>549300PXGPHUWC32DJ91</lei>
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          <isin value="US67884GER11"/>
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          <maturityDt>2021-06-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>City &amp; County of Denver CO Airport System Revenue</name>
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      <invstOrSec>
        <name>East Porter County School Building Corp.</name>
        <lei>N/A</lei>
        <title>East Porter County School Building Corp.</title>
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          <isin value="US274536HT12"/>
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        <name>Oxford School District</name>
        <lei>549300SK2285CQFQGO59</lei>
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          <isin value="US691663GE28"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>County of Bexar TX</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Delaware Transportation Authority</name>
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        <name>School District of Broward County/FL</name>
        <lei>5493006KVNQDJ1D0OD92</lei>
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        <name>University of Florida Department of Housing &amp; Residence Education Housing System Revenue</name>
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          <isin value="US34157TBA34"/>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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          <isin value="US97712DCE40"/>
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        <name>Nevada System of Higher Education</name>
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          <maturityDt>2020-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Pulaski County Special School District</name>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <name>New Mexico Finance Authority</name>
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        <name>Township of Frelinghuysen NJ</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>University of Mississippi Educational Building Corp.</name>
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        <name>Illinois Finance Authority</name>
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        <name>City of Lafayette IN Sewage Works Revenue</name>
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        <name>Schoolcraft Community College District</name>
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        <name>City of Tallahassee FL</name>
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        <name>South Gibson School Building Corp.</name>
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        <name>Valparaiso Middle School Building Corp.</name>
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        <name>Lake County Forest Preserve District</name>
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        <name>San Jose Financing Authority</name>
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        <name>New York State Dormitory Authority</name>
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      <invstOrSec>
        <name>Trinity River Authority Denton Creek Wastewater Treatment System Revenue</name>
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          <maturityDt>2024-02-01</maturityDt>
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      <invstOrSec>
        <name>Tippecanoe County School Building Corp.</name>
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          <maturityDt>2020-07-15</maturityDt>
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        <name>Snowmass-Wildcat Fire Protection District</name>
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          <maturityDt>2020-12-01</maturityDt>
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        <name>County of Bexar TX</name>
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        <name>Simi Valley Public Financing Authority</name>
        <lei>N/A</lei>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>Washington State University</name>
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        <name>Utah Charter School Finance Authority</name>
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        <name>University of Connecticut</name>
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        <name>Sunshine State Governmental Financing Commission</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <maturityDt>2021-11-01</maturityDt>
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        <name>Weatherford Independent School District</name>
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        <name>North Texas Municipal Water District Water System Revenue</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Washington</name>
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        <valUSD>50988.60000000</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>2023-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Utah State University</name>
        <lei>N/A</lei>
        <title>Utah State University</title>
        <cusip>917563FT0</cusip>
        <identifiers>
          <isin value="US917563FT06"/>
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        <curCd>USD</curCd>
        <valUSD>25000.00000000</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>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mishawaka School City Multi-School Building Corp.</name>
        <lei>N/A</lei>
        <title>Mishawaka School City Multi-School Building Corp.</title>
        <cusip>604829CX7</cusip>
        <identifiers>
          <isin value="US604829CX72"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>207732.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-07-15</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>County of Wicomico MD</name>
        <lei>N/A</lei>
        <title>County of Wicomico</title>
        <cusip>9675456J8</cusip>
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          <isin value="US9675456J89"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25504.75000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Carolina Medical Care Commission</name>
        <lei>549300FH6KOXGCHQYG81</lei>
        <title>North Carolina Medical Care Commission, Health Care Facilities, Wake Forest Baptist Obligated Group, Series 2012B</title>
        <cusip>65821DMW8</cusip>
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          <isin value="US65821DMW82"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>255757.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Texas</name>
        <lei>549300X9CH74QB747L76</lei>
        <title>State of Texas, Veterans, Series 2010C</title>
        <cusip>882724GK7</cusip>
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          <isin value="US882724GK71"/>
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        <balance>3660000.00000000</balance>
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        <valUSD>3660000.00000000</valUSD>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.20000100</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Environmental Facilities Corp.</name>
        <lei>549300QJ33JJW73OQO60</lei>
        <title>New York State Environmental Facilities Corp.</title>
        <cusip>64985HVG9</cusip>
        <identifiers>
          <isin value="US64985HVG90"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26168.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <title>Wisconsin Health and Educational Facilities Authority, Advocate Aurora Health Credit Group</title>
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          <isin value="US97712DN696"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1151980.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-08-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Spokane WA Water &amp; Wastewater Revenue</name>
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        <curCd>USD</curCd>
        <valUSD>25603.75000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Mexico Finance Authority</name>
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        <title>New Mexico Finance Authority</title>
        <cusip>64711NS22</cusip>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Santa Monica Public Financing Authority</name>
        <lei>N/A</lei>
        <title>Santa Monica Public Financing Authority</title>
        <cusip>802437FZ1</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Water &amp; Sewer System</name>
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          <maturityDt>2025-06-15</maturityDt>
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        <name>Virginia Public Building Authority</name>
        <lei>N/A</lei>
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        <cusip>928172ZA6</cusip>
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        <name>Oklahoma County Independent School District No. 89 Oklahoma City</name>
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          <maturityDt>2020-07-01</maturityDt>
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        <name>Pasadena Public Financing Authority</name>
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        <name>South Regional Joint Development Authority</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Minnesota Public Facilities Authority</name>
        <lei>N/A</lei>
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          <isin value="US604115AN53"/>
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        <balance>50000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-03-01</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>Montgomery County Industrial Development Authority/PA</name>
        <lei>N/A</lei>
        <title>Montgomery County Industrial Development Authority, Waverly Heights Ltd. Project</title>
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          <isin value="US613609H256"/>
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        <curCd>USD</curCd>
        <valUSD>101131.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Weslaco Housing Opportunities Corp.</name>
        <lei>N/A</lei>
        <title>Weslaco Housing Opportunities Corp.</title>
        <cusip>950883AA6</cusip>
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          <isin value="US950883AA63"/>
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        <curCd>USD</curCd>
        <valUSD>111210.00000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.41999800</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>Miami-Dade County Housing Finance Authority</name>
        <lei>N/A</lei>
        <title>Miami-Dade County Housing Finance Authority</title>
        <cusip>593344AW4</cusip>
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          <isin value="US593344AW43"/>
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        <balance>275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>279127.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.41999800</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>County of Westchester NY</name>
        <lei>N/A</lei>
        <title>County of Westchester</title>
        <cusip>95736UWN0</cusip>
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          <isin value="US95736UWN08"/>
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        <curCd>USD</curCd>
        <valUSD>30541.80000000</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>2020-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>City of New York</title>
        <cusip>64966MSN0</cusip>
        <identifiers>
          <isin value="US64966MSN01"/>
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        <balance>45000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>47460.60000000</valUSD>
        <pctVal>0.014559194744</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-08-01</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>State of Florida Lottery Revenue</name>
        <lei>N/A</lei>
        <title>State of Florida Lottery</title>
        <cusip>341507F97</cusip>
        <identifiers>
          <isin value="US341507F974"/>
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        <balance>160000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>160624.00000000</valUSD>
        <pctVal>0.049273631110</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>Newburgh City School District</name>
        <lei>N/A</lei>
        <title>Newburgh City School District</title>
        <cusip>650859WH0</cusip>
        <identifiers>
          <isin value="US650859WH09"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25294.50000000</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>2020-09-01</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>City of Merrill WI</name>
        <lei>N/A</lei>
        <title>City of Merrill</title>
        <cusip>590230VA3</cusip>
        <identifiers>
          <isin value="US590230VA39"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>62125.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-10-01</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Virginia Polytechnic Institute &amp; State University</name>
        <lei>N/A</lei>
        <title>Virginia Polytechnic Institute &amp; State University</title>
        <cusip>928067HT7</cusip>
        <identifiers>
          <isin value="US928067HT77"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52426.00000000</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>2021-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Oklahoma Development Finance Authority</name>
        <lei>549300PXGPHUWC32DJ91</lei>
        <title>Oklahoma Development Finance Authority</title>
        <cusip>67884GES9</cusip>
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          <isin value="US67884GES93"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>265870.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>University of California</name>
        <lei>N/A</lei>
        <title>Regents of the University of California</title>
        <cusip>91412GST3</cusip>
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          <isin value="US91412GST30"/>
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        <balance>180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>204325.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-05-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dallas County Utility &amp; Reclamation District</name>
        <lei>N/A</lei>
        <title>Dallas County Utility &amp; Reclamation District</title>
        <cusip>234839PG7</cusip>
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          <isin value="US234839PG72"/>
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        <balance>115000.00000000</balance>
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        <invCountry>US</invCountry>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Dallas TX</name>
        <lei>N/A</lei>
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          <isin value="US2354168K35"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Cook County School District No. 81 Schiller Park</name>
        <lei>N/A</lei>
        <title>Cook County School District No. 81 Schiller Park, School Bonds</title>
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          <isin value="US214057GB18"/>
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        <curCd>USD</curCd>
        <valUSD>84023.20000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2021-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Oklahoma Agricultural &amp; Mechanical Colleges</name>
        <lei>N/A</lei>
        <title>Oklahoma Agricultural &amp; Mechanical Colleges</title>
        <cusip>678505CE6</cusip>
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          <isin value="US678505CE62"/>
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        <valUSD>251137.50000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2020-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Water &amp; Sewer System</name>
        <lei>N/A</lei>
        <title>New York City Water &amp; Sewer System</title>
        <cusip>64972F6A9</cusip>
        <identifiers>
          <isin value="US64972F6A96"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>75132.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Houston Independent School District</name>
        <lei>N/A</lei>
        <title>Houston Independent School District</title>
        <cusip>442403MW8</cusip>
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          <isin value="US442403MW88"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26352.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority Future Tax Secured</title>
        <cusip>64971QMR1</cusip>
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          <isin value="US64971QMR10"/>
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        <name>Sales Tax Asset Receivable Corp.</name>
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        <name>Lucas-Plaza Housing Development Corp.</name>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Lafayette School Corp.</name>
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          <isin value="US506336CU86"/>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Killeen TX</name>
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        <valUSD>25196.50000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Perrysburg Exempted Village School District</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2023-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Municipality of Anchorage AK</name>
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          <isin value="US033161F700"/>
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        <valUSD>15117.90000000</valUSD>
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          <maturityDt>2020-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Indiana Health &amp; Educational Facilities Financing Authority</name>
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          <isin value="US454795FE07"/>
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        <assetCat>STIV</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-15</maturityDt>
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      <invstOrSec>
        <name>State of New Mexico Severance Tax Permanent Fund</name>
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          <isin value="US647310X225"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>South Fork Municipal Authority</name>
        <lei>N/A</lei>
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          <isin value="US83786DFR35"/>
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        <valUSD>45187.20000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-07-01</maturityDt>
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          <annualizedRt>5.37500000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <title>New York City Transitional Finance Authority Future Tax Secured</title>
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        <name>County of Eagle CO</name>
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        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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        <name>Las Vegas Valley Water District</name>
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        <name>Dallas/Fort Worth International Airport</name>
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        <name>St Charles County Public Water Supply District No. 2</name>
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      <invstOrSec>
        <name>San Antonio Education Facilities Corp.</name>
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        <name>South Brunswick Township Board of Education</name>
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        <name>Rockwall Independent School District</name>
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      <invstOrSec>
        <name>City of St George UT Electric Revenue</name>
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      <invstOrSec>
        <name>University of Idaho</name>
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        <name>Massachusetts Bay Transportation Authority</name>
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          <maturityDt>2020-07-01</maturityDt>
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        <name>San Jose Financing Authority</name>
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          <isin value="US798153LF79"/>
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        <name>New Mexico Finance Authority</name>
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        <name>New York State Dormitory Authority</name>
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          <isin value="US64990ECB11"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-12-15</maturityDt>
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        <name>Michigan Municipal Bond Authority</name>
        <lei>N/A</lei>
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          <isin value="US59455TE651"/>
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          <maturityDt>2020-10-01</maturityDt>
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        <name>Rapid City Area School District No. 51-4/SD</name>
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        <name>Sarasota County Public Hospital District</name>
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        <name>Palm Springs Financing Authority</name>
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          <maturityDt>2020-09-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Maricopa County Unified School District No. 41 Gilbert</name>
        <lei>N/A</lei>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40121.60000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Hollidaysburg Area School District</name>
        <lei>N/A</lei>
        <title>Hollidaysburg Area School District</title>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>102782.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>Clear Lake City Water Authority</name>
        <lei>N/A</lei>
        <title>Clear Lake City Water Authority</title>
        <cusip>18458PAT0</cusip>
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          <isin value="US18458PAT03"/>
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        <balance>145000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>156882.75000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Kent MI</name>
        <lei>N/A</lei>
        <title>County of Kent</title>
        <cusip>4902784Q8</cusip>
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          <isin value="US4902784Q86"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>113081.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Shawano WI</name>
        <lei>N/A</lei>
        <title>City of Shawano, Promissory Notes</title>
        <cusip>820412MS0</cusip>
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          <isin value="US820412MS07"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>146658.40000000</valUSD>
        <pctVal>0.044989490368</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Maryland</name>
        <lei>N/A</lei>
        <title>State of Maryland</title>
        <cusip>574193MN5</cusip>
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          <isin value="US574193MN59"/>
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        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>150000.00000000</valUSD>
        <pctVal>0.046014572334</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>City of New York</title>
        <cusip>64966KYT4</cusip>
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          <isin value="US64966KYT41"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50395.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Davis School District</name>
        <lei>N/A</lei>
        <title>Davis School District</title>
        <cusip>239019Z47</cusip>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>70000.00000000</valUSD>
        <pctVal>0.021473467089</pctVal>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Orlando FL</name>
        <lei>G8GZFWRIKS3AFD6AWU52</lei>
        <title>City of Orlando</title>
        <cusip>68641HLD4</cusip>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>29992.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <name>North Texas Municipal Water District Water System Revenue</name>
        <lei>N/A</lei>
        <title>North Texas Municipal Water District Water System</title>
        <cusip>662903PK3</cusip>
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          <isin value="US662903PK38"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25305.75000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Maryland Health &amp; Higher Educational Facilities Authority</name>
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        <title>Maryland Health &amp; Higher Educational Facilities Authority</title>
        <cusip>5742176Y6</cusip>
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          <isin value="US5742176Y65"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50217.00000000</valUSD>
        <pctVal>0.015404758526</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-01</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>
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      <invstOrSec>
        <name>South Dakota State Building Authority</name>
        <lei>N/A</lei>
        <title>South Dakota State Building Authority</title>
        <cusip>83755LQV1</cusip>
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          <isin value="US83755LQV17"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>63585.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Southfield MI</name>
        <lei>N/A</lei>
        <title>City of Southfield</title>
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          <isin value="US844181LW50"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Pennsbury School District</name>
        <lei>N/A</lei>
        <title>Pennsbury School District</title>
        <cusip>708553TM4</cusip>
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          <isin value="US708553TM44"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25618.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>75588.00000000</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>2020-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-06-30</ncom:dateSigned>
      <ncom:nameOfApplicant>J.P. Morgan Exchange-Traded Fund Trust</ncom:nameOfApplicant>
      <ncom:signature>Lauren A. Paino</ncom:signature>
      <ncom:signerName>Lauren A. Paino</ncom:signerName>
      <ncom:title>Treasurer and Principal Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
