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      <invstOrSec>
        <name>IPS Multi-School Building Corp.</name>
        <lei>549300BHLK1DUJUYPM91</lei>
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          <isin value="US46263RTD79"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Rhode Island Health and Educational Building Corp.</name>
        <lei>N/A</lei>
        <title>Rhode Island Health and Educational Building Corp., Lifespan Obligated Group, Series 2024</title>
        <cusip>762244ME8</cusip>
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          <isin value="US762244ME84"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lower Colorado River Authority</name>
        <lei>549300QJFPW2NNBYR215</lei>
        <title>Lower Colorado River Authority, Series 2024</title>
        <cusip>54811GM64</cusip>
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          <isin value="US54811GM643"/>
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        <balance>1000000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Lakeville MN</name>
        <lei>N/A</lei>
        <title>City of Lakeville, Series 2024A</title>
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          <isin value="US5124456H50"/>
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        <balance>1455000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1645473.18000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Springfield School District No. R-12</name>
        <lei>N/A</lei>
        <title>Springfield School District No. R-12</title>
        <cusip>851035VK8</cusip>
        <identifiers>
          <isin value="US851035VK89"/>
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        <balance>1800000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Melissa Independent School District</name>
        <lei>N/A</lei>
        <title>Melissa Independent School District, Unlimited Tax, Series 2023</title>
        <cusip>585488YQ6</cusip>
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          <isin value="US585488YQ60"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1110739.20000000</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>2041-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Chicago Midway International Airport</name>
        <lei>N/A</lei>
        <title>Chicago Midway International Airport, Senior Lien, Series 2023A</title>
        <cusip>167562RU3</cusip>
        <identifiers>
          <isin value="US167562RU36"/>
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        <balance>1545000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1652179.43000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Norwalk CT</name>
        <lei>N/A</lei>
        <title>City of Norwalk, Series 2023</title>
        <cusip>668844XP3</cusip>
        <identifiers>
          <isin value="US668844XP32"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>514312.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Cabarrus NC</name>
        <lei>549300HVGPJDNBDPZV71</lei>
        <title>County of Cabarrus, Limited Obligation, Series 2024B</title>
        <cusip>12677RFG7</cusip>
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          <isin value="US12677RFG74"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1405992.13000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tarrant Regional Water District Water Supply System Revenue</name>
        <lei>N/A</lei>
        <title>Tarrant Regional Water District Water Supply System, Series 2022</title>
        <cusip>876443VA7</cusip>
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          <isin value="US876443VA76"/>
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        <balance>4930000.00000000</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>2048-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Public Finance Authority</name>
        <lei>N/A</lei>
        <title>Texas Public Finance Authority, Texas Southern University, Series 2023</title>
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          <isin value="US88277PAN50"/>
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          <maturityDt>2027-05-01</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="US64966MZN28"/>
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        <balance>105000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Detroit Downtown Development Authority</name>
        <lei>549300WO3NSMP6FECO66</lei>
        <title>Detroit Downtown Development Authority, Catalyst Development Project, Series 2024</title>
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          <isin value="US251135HU61"/>
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        <balance>2750000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>King County Public Hospital District No. 2</name>
        <lei>N/A</lei>
        <title>King County Public Hospital District No. 2, Evergreen Healthcare, Limited Tax</title>
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          <isin value="US494791RF51"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2031-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Redding Joint Powers Financing Authority</name>
        <lei>N/A</lei>
        <title>Redding Joint Powers Financing Authority, Series 2019A</title>
        <cusip>757288GR0</cusip>
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          <isin value="US757288GR01"/>
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        <balance>150000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Jersey City Municipal Utilities Authority</name>
        <lei>N/A</lei>
        <title>Jersey City Municipal Utilities Authority, Series 2024 B</title>
        <cusip>476623DA8</cusip>
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          <isin value="US476623DA87"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2025-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Chautauqua Tobacco Asset Securitization Corp.</name>
        <lei>N/A</lei>
        <title>Chautauqua Tobacco Asset Securitization Corp., Series 2014</title>
        <cusip>162564BB3</cusip>
        <identifiers>
          <isin value="US162564BB36"/>
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        <balance>2975000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2871045.77000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Los Angeles Unified School District</name>
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          <isin value="US544647HG84"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
        <lei>SHB8HO6GKXJ83RX5OV39</lei>
        <title>Salt River Project Agricultural Improvement and Power District, Arizona Electric System, Series 2023B</title>
        <cusip>79574CFR9</cusip>
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          <isin value="US79574CFR97"/>
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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>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <other otherDesc="Inhouse Sedol" value="WNH5COS"/>
          <other otherDesc="Future Ticker" value="WNH5 Comdty"/>
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        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>CME Clearing House</counterpartyName>
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      <invstOrSec>
        <name>Washington State Housing Finance Commission</name>
        <lei>549300YL1HU59NREG764</lei>
        <title>Washington State Housing Finance Commission, Seattle Academy Of Arts and Science Project, Series 2023</title>
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          <isin value="US93978LGM28"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Auburn School District No. 408 of King &amp; Pierce Counties</name>
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        <title>Auburn School District No. 408 of King and Pierce Counties, Unlimited Tax</title>
        <cusip>494619FG9</cusip>
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          <isin value="US494619FG96"/>
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        <balance>1000000.00000000</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>2036-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Main Street Natural Gas, Inc.</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>Main Street Natural Gas, Inc., Gas Supply, Series 2024 A</title>
        <cusip>56035DGT3</cusip>
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          <isin value="US56035DGT37"/>
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        <balance>3000000.00000000</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>2054-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Maricopa County School District No. 3 Tempe Elementary</name>
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        <cusip>566880WE6</cusip>
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          <isin value="US566880WE60"/>
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        <balance>30000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Selma Industrial Development Board</name>
        <lei>N/A</lei>
        <title>Selma Industrial Development Board, International Paper Co. Project, Series 2020A</title>
        <cusip>81647PAF0</cusip>
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          <isin value="US81647PAF09"/>
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        <balance>400000.00000000</balance>
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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>2034-05-01</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>New York Transportation Development Corp.</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp., Delta Air Lines, Inc., LaGuardia Airport Terminals C&amp;D Redevelopment Project, Series 2018</title>
        <cusip>650116CD6</cusip>
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          <isin value="US650116CD63"/>
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        <balance>3000000.00000000</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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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Oshkosh WI Sewer Revenue</name>
        <lei>N/A</lei>
        <title>City of Oshkosh, Sewer, Series 2022E</title>
        <cusip>68825VKK6</cusip>
        <identifiers>
          <isin value="US68825VKK60"/>
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        <balance>550000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Iowa Great Lakes Sanitation District/IA</name>
        <lei>N/A</lei>
        <title>Iowa Great Lakes Sanitation District</title>
        <cusip>462457LH3</cusip>
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          <isin value="US462457LH32"/>
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        <balance>725000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>731383.12000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Smithtown Central School District</name>
        <lei>N/A</lei>
        <title>Smithtown Central School District</title>
        <cusip>832492ZC9</cusip>
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          <isin value="US832492ZC99"/>
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        <balance>2125000.00000000</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>2036-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <isin value="US65000B7X05"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>County of Warren OH</name>
        <lei>N/A</lei>
        <title>County of Warren, Otterbein Homes Obligation Group, Series 2024</title>
        <cusip>93515PEL7</cusip>
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          <isin value="US93515PEL76"/>
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        <balance>1800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1884373.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Pennsylvania Turnpike Commission</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania Turnpike Commission, Subordinate, Series 2024-1</title>
        <cusip>709225LW4</cusip>
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          <isin value="US709225LW46"/>
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        <balance>1200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1319037.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Des Moines Independent Community School District Sales Services &amp; Use Tax Rev</name>
        <lei>N/A</lei>
        <title>Des Moines Independent Community School District, Sales Services and Use Tax</title>
        <cusip>250111DN8</cusip>
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          <isin value="US250111DN80"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>University of Oklahoma (The)</name>
        <lei>N/A</lei>
        <title>University of Oklahoma (The), Series 2024A</title>
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          <isin value="US91476PZK73"/>
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        <balance>1050000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Anne Arundel MD</name>
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      </invstOrSec>
      <invstOrSec>
        <name>Ohio Turnpike &amp; Infrastructure Commission</name>
        <lei>N/A</lei>
        <title>Ohio Turnpike and Infrastructure Commission, Junior Lien, Series 2018A</title>
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          <isin value="US67760HLJ85"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>City of San Antonio TX Electric &amp; Gas Systems Revenue</name>
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          <isin value="US79625GHE61"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-02-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>County of Jefferson AL Sewer Revenue</name>
        <lei>N/A</lei>
        <title>County of Jefferson sewer, Series 2024</title>
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          <isin value="US472682ZE68"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Triborough Bridge &amp; Tunnel Authority Sales Tax Revenue</name>
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        <title>Triborough Bridge and Tunnel Authority Sales Tax, TBTA Capital Lockbox, Series 2023A</title>
        <cusip>896035CA8</cusip>
        <identifiers>
          <isin value="US896035CA89"/>
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        <valUSD>2264722.65000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Main Street Natural Gas, Inc.</name>
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          <isin value="US56035DFC11"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Pennsylvania Turnpike Commission</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
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          <isin value="US709225FH43"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Washington State Housing Finance Commission</name>
        <lei>549300YL1HU59NREG764</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Clifton Higher Education Finance Corp.</name>
        <lei>N/A</lei>
        <title>Clifton Higher Education Finance Corp., Yes Prep Public School, Inc., Series 2023</title>
        <cusip>187145RW9</cusip>
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          <isin value="US187145RW95"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Walton County Water &amp; Sewer Authority</name>
        <lei>N/A</lei>
        <title>Walton County Water and Sewer Authority, Hard Labor Creek Reservoir Water Treatment Facility Project</title>
        <cusip>93342PFA9</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Maryland Stadium Authority</name>
        <lei>549300VA283TTQRDNF71</lei>
        <title>Maryland Stadium Authority, Build to Learn, Series 2024</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2051-06-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Selma Industrial Development Board</name>
        <lei>N/A</lei>
        <title>Selma Industrial Development Board, International Paper Co. Projects, Series 2019A</title>
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          <isin value="US81647PAG81"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2033-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.45000000</annualizedRt>
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        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
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        <cusip>452153JX8</cusip>
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          <isin value="US452153JX83"/>
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        <name>Indiana Housing &amp; Community Development Authority</name>
        <lei>549300QRKDYVNHT1OE86</lei>
        <title>Indiana Housing and Community Development Authority, Vita of New Whiteland Project</title>
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        <name>Oklahoma Industries Authority</name>
        <lei>N/A</lei>
        <title>Oklahoma Industries Authority, Oklahoma County Independent School District No. 89 Oklahoma City, Series 2024</title>
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          <isin value="US67910FAH73"/>
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        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
        <title>Commonwealth of Massachusetts, Consolidated Loan of 2023, Series 2023 D</title>
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        <invCountry>US</invCountry>
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        <name>District of Columbia</name>
        <lei>549300HWFOZXPKGOX654</lei>
        <title>District of Columbia, Series 2024A</title>
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          <isin value="US25476FF373"/>
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        <balance>2065000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>County of Fairfax VA</name>
        <lei>N/A</lei>
        <title>County of Fairfax, Series 2023A</title>
        <cusip>30382AMW9</cusip>
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        <name>Bell County Water Control &amp; Improvement District No. 1</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>Miami-Dade County Housing Finance Authority</name>
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        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
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          <isin value="US88285ABH05"/>
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          <maturityDt>2047-10-15</maturityDt>
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        <name>Port of Los Angeles</name>
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        <name>City of Fort Worth TX Water &amp; Sewer System Revenue</name>
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        <name>Allegheny County Sanitary Authority</name>
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          <isin value="US017357P406"/>
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        <name>New Hampshire Business Finance Authority</name>
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        <name>County of Jefferson AL Sewer Revenue</name>
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        <name>Main Street Natural Gas, Inc.</name>
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        <name>Weslaco Independent School District</name>
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        <name>South Dakota Housing Development Authority</name>
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        <name>Cedar Hill Independent School District</name>
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      <invstOrSec>
        <name>City of Aliso Viejo CA</name>
        <lei>N/A</lei>
        <title>City of Aliso Viejo</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>JEA Electric System Revenue</name>
        <lei>N/A</lei>
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          <isin value="US46613SSE18"/>
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      <invstOrSec>
        <name>Central Florida Tourism Oversight District</name>
        <lei>549300DLSKH6SZ96KV94</lei>
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          <maturityDt>2026-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Cedar Hill Independent School District</name>
        <lei>N/A</lei>
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          <isin value="US1504293T35"/>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Black Belt Energy Gas District</name>
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          <isin value="US09182TCQ85"/>
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          <maturityDt>2054-01-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Health &amp; Educational Facilities Authority of the State of Missouri</name>
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          <isin value="US60637ATR31"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Casino Reinvestment Development Authority, Inc.</name>
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          <isin value="US14760RBT77"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Village of Bolingbrook IL</name>
        <lei>N/A</lei>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Private Activity Bond Surface Transportation Corp.</name>
        <lei>N/A</lei>
        <title>Texas Private Activity Bond Surface Transportation Corp., NTE Mobility Partners Segments 3 LLC Project, Series 2023</title>
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          <isin value="US882667CE64"/>
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          <maturityDt>2036-12-31</maturityDt>
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        <name>New York City Municipal Water Finance Authority</name>
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        <name>Arlington Higher Education Finance Corp.</name>
        <lei>N/A</lei>
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        <name>Clark County School District</name>
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        <name>Metropolitan Council</name>
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        <name>District of Columbia</name>
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        <name>University of Florida Department of Housing &amp; Residence Education Hsg Sys Rev</name>
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        <name>County of King WA</name>
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          <isin value="US49474FV492"/>
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      <invstOrSec>
        <name>Texas A&amp;M University</name>
        <lei>N/A</lei>
        <title>Texas A&amp;M University, Series 2024A</title>
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          <isin value="US88213ATU96"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Smithtown Central School District</name>
        <lei>N/A</lei>
        <title>Smithtown Central School District</title>
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      <invstOrSec>
        <name>Charleston Educational Excellence Finance Corp.</name>
        <lei>N/A</lei>
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          <isin value="US160131EQ75"/>
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      <invstOrSec>
        <name>Central Texas Turnpike System</name>
        <lei>N/A</lei>
        <title>Central Texas Turnpike System, Second Tier, Series 2024 C</title>
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          <isin value="US88283KBZ03"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Seattle WA Municipal Light &amp; Power Revenue</name>
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          <isin value="US812643WP55"/>
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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>2047-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
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        <cusip>6775227Y4</cusip>
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          <isin value="US6775227Y48"/>
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        <curCd>USD</curCd>
        <valUSD>239292.38000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Trinity River Authority</name>
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          <isin value="US89657PPF44"/>
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          <maturityDt>2041-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Hamilton OH Sewer System Revenue</name>
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        <title>County of Hamilton Sewer System, Metropolitan Sewer district of Greater Cincinnati, Series 2024 A</title>
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          <isin value="US407288F956"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Little Elm Independent School District</name>
        <lei>N/A</lei>
        <title>Little Elm Independent School District, Series 2024</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>California Health Facilities Financing Authority</name>
        <lei>5493007RI8BUDOGHZ546</lei>
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          <maturityDt>2037-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>California Statewide Communities Development Authority</name>
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        <name>Florida Development Finance Corp.</name>
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        <name>State of Illinois</name>
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          <isin value="US452153CQ06"/>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Fort Bend TX Toll Road Revenue</name>
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          <isin value="US346817EJ47"/>
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        <name>City of Allen TX</name>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority Building Aid, Subordinate, Series 2019 S-2A</title>
        <cusip>64972H7M8</cusip>
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        <name>Baseline Metropolitan District No. 1</name>
        <lei>N/A</lei>
        <title>Baseline Metropolitan District No. 1, Series 2024A</title>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Main Street Natural Gas, Inc.</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>Main Street Natural Gas, Inc., Gas Supply, Series 2024D</title>
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          <isin value="US56035DHZ87"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2054-04-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Alvord Unified School District</name>
        <lei>549300Q9J0UCO75DL276</lei>
        <title>Alvord Unified School District, 2007 Election, Series 2011B</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
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          <isin value="US65000B3J56"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Maricopa County Industrial Development Authority</name>
        <lei>N/A</lei>
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          <isin value="US56682HCK32"/>
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      <invstOrSec>
        <name>University of North Carolina at Chapel Hill</name>
        <lei>N/A</lei>
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          <isin value="US91471FAW59"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.15000096</annualizedRt>
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      <invstOrSec>
        <name>Black Belt Energy Gas District</name>
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          <isin value="US09182TEN37"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-03-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Excelsior Springs MO</name>
        <lei>N/A</lei>
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          <isin value="US300788CR58"/>
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        <curCd>USD</curCd>
        <valUSD>119841.80000000</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>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Cedar Rapids Community School District Infrastructure Sales Services &amp; Use Tax</name>
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          <isin value="US150539CS17"/>
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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>2035-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City &amp; County of Denver CO Airport System Revenue</name>
        <lei>N/A</lei>
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          <isin value="US249182LG93"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Hutto Independent School District</name>
        <lei>N/A</lei>
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          <isin value="US4484925R50"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Maricopa County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Maricopa County Industrial Development Authority, Honorhealth, Series 2024 D</title>
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          <isin value="US56678PCL94"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Ohio</name>
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        <name>Public Finance Authority</name>
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        <name>Industrial Development Authority of the County of Pima (The)</name>
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        <name>Illinois Housing Development Authority</name>
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        <name>Philadelphia Energy Authority (The)</name>
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        <name>Horry County School District/SC</name>
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        <title>Horry County School District, Series 2015A</title>
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        <name>Rome Building Authority</name>
        <lei>N/A</lei>
        <title>Rome Building Authority, Rome City School Project, Series 2023</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <name>Dublin City School District</name>
        <lei>N/A</lei>
        <title>Dublin City School District, Ohio School Facilities Unlimited Tax, Series 2024B</title>
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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>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Philadelphia PA Airport Revenue</name>
        <lei>N/A</lei>
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        <name>City of Jacksonville FL</name>
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      <invstOrSec>
        <name>Clifton Higher Education Finance Corp.</name>
        <lei>N/A</lei>
        <title>Clifton Higher Education Finance Corp., Yes Prep Public School, Inc., Series 2023</title>
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        <name>Metropolitan Government of Nashville &amp; Davidson County TN Electric Revenue</name>
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          <isin value="US592030R937"/>
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          <maturityDt>2049-05-15</maturityDt>
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      <invstOrSec>
        <name>Charleston Educational Excellence Finance Corp.</name>
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          <isin value="US160131EP92"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>University of Kentucky</name>
        <lei>549300CXE3YQ1HXYCQ71</lei>
        <title>University of Kentucky, Healthcare Cancer Center Parking Projects</title>
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          <isin value="US914383AE45"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Colorado Springs School District No. 11 Facilities Corp.</name>
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        <title>Colorado Springs School District No. 11 Facilities Corp.</title>
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          <isin value="US19662UBB70"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Melissa Independent School District</name>
        <lei>N/A</lei>
        <title>Melissa Independent School District, Unlimited Tax, Series 2024</title>
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          <isin value="US585488YW39"/>
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        <name>County of Lake IL</name>
        <lei>N/A</lei>
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        <cusip>508336FU3</cusip>
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          <isin value="US508336FU30"/>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <name>Colorado Housing and Finance Authority</name>
        <lei>5493005GIROYQAWBMC18</lei>
        <title>Colorado Housing and Finance Authority, Single Family Mortgage, Series 2023L, Class III</title>
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      <invstOrSec>
        <name>Glen Rose Independent School District</name>
        <lei>N/A</lei>
        <title>Glen Rose Independent School District, Unlimited tax, Series 2023</title>
        <cusip>377856JZ3</cusip>
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          <isin value="US377856JZ31"/>
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        <name>Rhode Island Health and Educational Building Corp.</name>
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        <title>Rhode Island Health and Educational Building Corp., Brynt University Issue, Series 2024</title>
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          <isin value="US762197T926"/>
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        <name>Knox County Health Educational &amp; Housing Facility Board</name>
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        <title>Knox County Health Educational and Housing Facility Board, University of Tennessee Project, Series 2024A-1</title>
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        <name>City of Kissimmee FL</name>
        <lei>N/A</lei>
        <title>City of Kissimmee, Sales Tax</title>
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          <isin value="US497813AK19"/>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Connecticut Special Tax Revenue</name>
        <lei>N/A</lei>
        <title>State of Connecticut Special Tax, Series 2023A</title>
        <cusip>207758P80</cusip>
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          <isin value="US207758P801"/>
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          <maturityDt>2037-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Springfield MO Public Utility Revenue</name>
        <lei>NDLRXEC1F2GZZETPKO45</lei>
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          <isin value="US851018KY61"/>
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        <name>Allegheny County Airport Authority</name>
        <lei>N/A</lei>
        <title>Allegheny County Airport Authority, Pittsburgh International Airport, Series 2023A</title>
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          <isin value="US01728LHD73"/>
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        <name>Union County Hospital Facility Authority</name>
        <lei>N/A</lei>
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        <name>Snohomish County School District No. 4 Lake Stevens</name>
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        <name>Salt Verde Financial Corp.</name>
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          <maturityDt>2026-12-01</maturityDt>
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        <name>Patriots Energy Group Financing Agency</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-02-01</maturityDt>
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        <name>Maine Health &amp; Higher Educational Facilities Authority</name>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Minnesota Municipal Gas Agency</name>
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        <fairValLevel>2</fairValLevel>
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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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        <name>Chicago O'Hare International Airport</name>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Denton Independent School District</name>
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        <name>Tobacco Settlement Financing Corp.</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp., Series 2018A</title>
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        <name>Chicago O'Hare International Airport</name>
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        <name>City of Albuquerque NM Gross Receipts Tax Revenue</name>
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        <name>Build NYC Resource Corp.</name>
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        <name>Arlington Higher Education Finance Corp.</name>
        <lei>N/A</lei>
        <title>Arlington Higher Education Finance Corp., Lifeschool of Dallas, Series 2024</title>
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        <name>New Mexico Finance Authority</name>
        <lei>549300L6217Y7X40SP94</lei>
        <title>New Mexico Finance Authority, State Transportation, Subordinate Lien, Series 2018A</title>
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        <invCountry>US</invCountry>
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        <name>County of Clark Department of Aviation</name>
        <lei>549300LDD8NZB2EOVG83</lei>
        <title>County of Clark Department of Aviation, Jet Aviation Fuel tax, Series 2022A</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chicago Midway International Airport</name>
        <lei>N/A</lei>
        <title>Chicago Midway International Airport, Senior Lien, Series 2023A</title>
        <cusip>167562SG3</cusip>
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          <isin value="US167562SG33"/>
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        <balance>1335000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1489390.08000000</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>2048-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ohio Air Quality Development Authority</name>
        <lei>549300DZUU80AYOR6M80</lei>
        <title>Ohio Air Quality Development Authority, American Electric Power Co. Project, Series 2005C</title>
        <cusip>677525WX1</cusip>
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          <isin value="US677525WX14"/>
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        <balance>3750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3727930.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.70000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Los Angeles Department of Airports</name>
        <lei>N/A</lei>
        <title>City of Los Angeles Department of Airports, International Airport Subordinate, Series 2021A</title>
        <cusip>544445SU4</cusip>
        <identifiers>
          <isin value="US544445SU46"/>
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        <balance>1740000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1858385.77000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Long Island Power Authority</name>
        <lei>1R46U5SYJ63KQXF39168</lei>
        <title>Long Island Power Authority, Electric System, Series 2024B</title>
        <cusip>542691KB5</cusip>
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          <isin value="US542691KB59"/>
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        <balance>7500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7369716.75000000</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>2049-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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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, Rose-Hulman Institute of Technology Project</title>
        <cusip>45506EBF9</cusip>
        <identifiers>
          <isin value="US45506EBF97"/>
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        <balance>435000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>470948.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-01</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 Waco TX</name>
        <lei>N/A</lei>
        <title>City of Waco, Series 2024</title>
        <cusip>929831ZS7</cusip>
        <identifiers>
          <isin value="US929831ZS79"/>
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        <balance>1900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1945126.33000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Harris County-Houston Sports Authority</name>
        <lei>N/A</lei>
        <title>Harris County-Houston Sports Authority, Senior Lien, Series 2024 A</title>
        <cusip>413890GN8</cusip>
        <identifiers>
          <isin value="US413890GN88"/>
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        <balance>3750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3815269.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
        <title>Chicago O'Hare International Airport, Customer Facility Charge Senior Lien, Series 2023</title>
        <cusip>1675933Z3</cusip>
        <identifiers>
          <isin value="US1675933Z31"/>
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        <balance>825000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>926895.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Hampshire Business Finance Authority</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority, University of Nevada Reno Project, Series 2023A</title>
        <cusip>63610FBM7</cusip>
        <identifiers>
          <isin value="US63610FBM77"/>
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        <balance>1075000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1096838.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</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, Fiscal Year 2018, Series B-4</title>
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        <identifiers>
          <isin value="US64966MSB62"/>
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        <balance>4360000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4360000.00000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.15000096</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>District of Columbia</name>
        <lei>549300HWFOZXPKGOX654</lei>
        <title>District of Columbia, Series 2023A</title>
        <cusip>25476FZU5</cusip>
        <identifiers>
          <isin value="US25476FZU55"/>
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        <balance>2620000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3003054.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Central Texas Turnpike System</name>
        <lei>N/A</lei>
        <title>Central Texas Turnpike System, First Tier, Series 2024 B</title>
        <cusip>88283KBQ0</cusip>
        <identifiers>
          <isin value="US88283KBQ04"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1617184.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Virginia College Building Authority</name>
        <lei>N/A</lei>
        <title>Virginia College Building Authority Educational Facilities, 21St Century College and Equipment Programs, Series 2023A</title>
        <cusip>92778WRM0</cusip>
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          <isin value="US92778WRM00"/>
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        <balance>1485000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1519343.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Mississippi Development Bank</name>
        <lei>549300122LOI8CB50V38</lei>
        <title>Mississippi Development Bank, Ranking County Project</title>
        <cusip>60534WJD1</cusip>
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          <isin value="US60534WJD11"/>
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        <balance>205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>210467.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Pennsylvania Economic Development Financing Authority</name>
        <lei>N/A</lei>
        <title>Pennsylvania Economic Development Financing Authority, The Penndot Major Bridges</title>
        <cusip>70868YAX7</cusip>
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          <isin value="US70868YAX76"/>
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        <balance>425000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>441573.73000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2057-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Port Authority of New York &amp; New Jersey</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>Port Authority of New York and New Jersey, Consolidated, Series 214</title>
        <cusip>73358W3F9</cusip>
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          <isin value="US73358W3F90"/>
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        <balance>1975000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2079416.08000000</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>2036-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>California Health Facilities Financing Authority</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority, Adventist Health System, Series 2024A</title>
        <cusip>13032UT65</cusip>
        <identifiers>
          <isin value="US13032UT659"/>
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        <balance>6950000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7843247.36000000</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>2034-12-01</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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        <name>North Dakota Housing Finance Agency</name>
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      <invstOrSec>
        <name>Chattanooga Health Educational &amp; Housing Facility Board</name>
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        <name>City of Charlotte NC</name>
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          <isin value="US1610374R42"/>
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          <maturityDt>2026-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Laredo Independent School District</name>
        <lei>N/A</lei>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Kentucky Public Energy Authority</name>
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          <isin value="US74440DFC39"/>
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        <name>Public Finance Authority</name>
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        <name>Aledo Independent School District</name>
        <lei>N/A</lei>
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        <name>Maine Health &amp; Higher Educational Facilities Authority</name>
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        <name>Chicago Midway International Airport</name>
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        <name>Nebraska Educational Health Cultural &amp; Social Services Finance Authority</name>
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        <name>State of Maryland</name>
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        <name>Midland Independent School District</name>
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        <name>Pima County Unified School District No. 1 Tucson</name>
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        <name>Allegheny County Airport Authority</name>
        <lei>N/A</lei>
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        <name>King County School District No. 411 Issaquah</name>
        <lei>N/A</lei>
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        <name>Colorado Springs School District No. 11 Facilities Corp.</name>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Pennsylvania Economic Development Financing Authority Parking System Revenue</name>
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          <maturityDt>2042-01-01</maturityDt>
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        <name>University of California</name>
        <lei>N/A</lei>
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          <isin value="US91412HAK95"/>
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        <name>Shelby County Health Educational &amp; Housing Facilities Board</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>State of Michigan Trunk Line Revenue</name>
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        <name>New Jersey Economic Development Authority</name>
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        <name>Fayette County Development Authority</name>
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        <name>Montgomery County Higher Education and Health Authority</name>
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        <name>North Ridgeville City School District</name>
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        <name>Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Canyons School District Local Building Authority</name>
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        <name>Delaware State Economic Development Authority</name>
        <lei>N/A</lei>
        <title>Delaware State Economic Development Authority, St. Andrews School Project</title>
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        <name>Golden State Tobacco Securitization Corp.</name>
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        <name>University of Colorado</name>
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        <name>Nye County School District</name>
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        <name>State of Texas</name>
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        <name>California Health Facilities Financing Authority</name>
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        <name>Kentucky State Property &amp; Building Commission</name>
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        <name>Indio Finance Authority</name>
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        <name>Central Puget Sound Regional Transit Authority</name>
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        <name>Village Community Development District No. 15</name>
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        <name>Florida State Board of Governors University of North Florida Dormitory Revenue</name>
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        <name>Arlington Higher Education Finance Corp.</name>
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        <name>City of Houston TX Airport System Revenue</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>Rhode Island Health and Educational Building Corp.</name>
        <lei>N/A</lei>
        <title>Rhode Island Health and Educational Building Corp., Brynt University Issue, Series 2024</title>
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        <name>Fayetteville State University</name>
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      <invstOrSec>
        <name>New York Transportation Development Corp.</name>
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      <invstOrSec>
        <name>Utah Housing Corp.</name>
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        <name>Alaska Industrial Development &amp; Export Authority</name>
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        <name>Main Street Natural Gas, Inc.</name>
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        <name>Westchester County Local Development Corp.</name>
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        <name>Montgomery County Industrial Development Authority</name>
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        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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          <maturityDt>2042-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>California Health Facilities Financing Authority</name>
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        <name>Vinton-Tecumseh School Building Corp.</name>
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        <title>Vinton-Tecumseh School Building Corp., Ad Valorem Property Tax</title>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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        <name>Main Street Natural Gas, Inc.</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
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        <name>Omaha Public Power District</name>
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        <name>State of Connecticut Special Tax Revenue</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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        <name>Melissa Independent School District</name>
        <lei>N/A</lei>
        <title>Melissa Independent School District, Unlimited Tax, Series 2024</title>
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        <name>Minnesota Housing Finance Agency</name>
        <lei>549300R89XDTQBK4GE22</lei>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chicago Midway International Airport</name>
        <lei>N/A</lei>
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          <isin value="US167562SH16"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>City &amp; County of Denver CO</name>
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          <isin value="US249164QV91"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>University of Kansas Hospital Authority</name>
        <lei>N/A</lei>
        <title>University of Kansas Hospital Authority, Health System</title>
        <cusip>914367BN6</cusip>
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          <isin value="US914367BN68"/>
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        <curCd>USD</curCd>
        <valUSD>4305000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-09-01</maturityDt>
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        <name>County of Baltimore MD</name>
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          <isin value="US05914F5M89"/>
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        <curCd>USD</curCd>
        <valUSD>4019469.60000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Transitional Finance Authority</name>
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          <isin value="US64972JJL35"/>
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        <curCd>USD</curCd>
        <valUSD>3879693.30000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>University of Arkansas</name>
        <lei>549300FFADBQ3NEI2D96</lei>
        <title>University of Arkansas, Various Facilities Fayetteville Campus, Series 2024 B</title>
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          <isin value="US914073KB66"/>
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        <curCd>USD</curCd>
        <valUSD>1414208.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Virginia Small Business Financing Authority</name>
        <lei>N/A</lei>
        <title>Virginia Small Business Financing Authority, Series 2024 A</title>
        <cusip>928103AY6</cusip>
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          <isin value="US928103AY65"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2655902.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>City of Lincoln NE Electric System Revenue</name>
        <lei>N/A</lei>
        <title>City of Lincoln, Electric System</title>
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          <isin value="US534272J677"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52489.34000000</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>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Southern Illinois University</name>
        <lei>N/A</lei>
        <title>Southern Illinois University, Housing and Auxiliary Facilities, Series 2022A</title>
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          <isin value="US8431465N73"/>
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        <balance>675000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Kansas City Industrial Development Authority</name>
        <lei>549300QWDXL46XQC8110</lei>
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          <isin value="US48504NCN75"/>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Austin TX Airport System Revenue</name>
        <lei>N/A</lei>
        <title>City of Austin, Airport System</title>
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          <isin value="US052398HL17"/>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Omaha Public Power District</name>
        <lei>54930000VJEJ9CGIYG32</lei>
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          <isin value="US682001NG35"/>
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        <balance>2700000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Arlington Higher Education Finance Corp.</name>
        <lei>N/A</lei>
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          <isin value="US041807LH98"/>
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        <name>State of Hawaii</name>
        <lei>N/A</lei>
        <title>State of Hawaii, Series FK</title>
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        <name>Walton County Water &amp; Sewer Authority</name>
        <lei>N/A</lei>
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        <name>West Virginia Hospital Finance Authority</name>
        <lei>N/A</lei>
        <title>West Virginia Hospital Finance Authority, University Health System, Series 2023 A</title>
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          <isin value="US956622V685"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>California County Tobacco Securitization Agency</name>
        <lei>N/A</lei>
        <title>California County Tobacco Securitization Agency, Series 2006 A</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
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      <invstOrSec>
        <name>Rhode Island Housing &amp; Mortgage Finance Corp.</name>
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      <invstOrSec>
        <name>Energy Northwest</name>
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          <isin value="US29270C4L61"/>
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      <invstOrSec>
        <name>City of Dallas Housing Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Gainesville &amp; Hall County Hospital Authority</name>
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        <title>Gainesville and Hall County Hospital Authority, Northeast Georgia Health System, Inc., Project</title>
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          <isin value="US362762QZ29"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
        <title>Chicago O'Hare International Airport, General Airport, Senior Lien, Series 2020A</title>
        <cusip>167593N81</cusip>
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          <isin value="US167593N813"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Guam Government Waterworks Authority</name>
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          <isin value="US40065FEA84"/>
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        <invCountry>GU</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Pierce County School District No. 416 White River</name>
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          <isin value="US720628KL99"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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          <isin value="US64613CEV63"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>Indio Finance Authority</name>
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        <title>Indio Finance Authority, City of Indio, Series 2022A</title>
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          <isin value="US45571LDF13"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Hampshire Business Finance Authority</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority, University of Nevada Reno Project, Series 2023A</title>
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          <isin value="US63610FBC95"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Meriden CT</name>
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        <title>City of Meriden</title>
        <cusip>5895355N9</cusip>
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          <isin value="US5895355N91"/>
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        <balance>1080000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Buckeye Tobacco Settlement Financing Authority</name>
        <lei>N/A</lei>
        <title>Buckeye Tobacco Settlement Financing Authority, Series 2020A-2, Class 1</title>
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          <isin value="US118217CL02"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2030-06-01</maturityDt>
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        <name>State of Colorado</name>
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        <title>State of Colorado, Building Excellent Schools Today, Series S</title>
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          <isin value="US19668QNS02"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2037-03-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>City of Pell City AL</name>
        <lei>N/A</lei>
        <title>City of Pell City, Warrants, Series 2015A</title>
        <cusip>705880NZ1</cusip>
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          <isin value="US705880NZ11"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2025-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Capital Trust Authority</name>
        <lei>N/A</lei>
        <title>Capital Trust Authority, IPS Enterprises, Inc., Projects, Series 2023 A</title>
        <cusip>14054WAK1</cusip>
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          <isin value="US14054WAK18"/>
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          <maturityDt>2043-06-15</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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        <name>Maine Health &amp; Higher Educational Facilities Authority</name>
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        <title>Maine Health and Higher Educational Facilities Authority, Series 2024 A</title>
        <cusip>56042SDW7</cusip>
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          <isin value="US56042SDW70"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2044-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cedar Hill Independent School District</name>
        <lei>N/A</lei>
        <title>Cedar Hill Independent School District, Unlimited Tax, Series 2024</title>
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          <isin value="US1504293S51"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2036-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>North Carolina Housing Finance Agency</name>
        <lei>EC4EE0PS5OP5O69B5C39</lei>
        <title>North Carolina Housing Finance Agency, Homeownership, Series 53-A</title>
        <cusip>6582076L4</cusip>
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          <isin value="US6582076L45"/>
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        <balance>2750000.00000000</balance>
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        <name>Build NYC Resource Corp.</name>
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        <name>Iowa Student Loan Liquidity Corp.</name>
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        <name>New York City Transitional Finance Authority</name>
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        <name>Greater Clark County School Building Corp.</name>
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        <name>State of Louisiana Gasoline &amp; Fuels Tax Revenue</name>
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        <name>Champaign County Community Unit School District No. 4 Champaign</name>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.85000000</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>Pennsylvania Turnpike Commission</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
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        <cusip>709224YV5</cusip>
        <identifiers>
          <isin value="US709224YV50"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>63479.81000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Arizona Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority, National Charter School Revolving Loan Fund, Series 2023A</title>
        <cusip>04052FEL5</cusip>
        <identifiers>
          <isin value="US04052FEL58"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1088032.00000000</valUSD>
        <pctVal>0.053947686012</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Weslaco Independent School District</name>
        <lei>N/A</lei>
        <title>Weslaco Independent School District, Unlimited Tax, Series 2024</title>
        <cusip>950885WD1</cusip>
        <identifiers>
          <isin value="US950885WD13"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>914138.48000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Knox County Health Educational &amp; Housing Facility Board</name>
        <lei>N/A</lei>
        <title>Knox County Health Educational and Housing Facility Board, University of Tennessee Project, Series 2024A-1</title>
        <cusip>499526AH4</cusip>
        <identifiers>
          <isin value="US499526AH42"/>
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        <balance>435000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>482400.91000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
          <couponKind>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>Casino Reinvestment Development Authority, Inc.</name>
        <lei>N/A</lei>
        <title>Casino Reinvestment Development Authority, Inc., Luxury Tax, Series 2024A</title>
        <cusip>14760RBB6</cusip>
        <identifiers>
          <isin value="US14760RBB69"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>751458.82000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Dublin City School District</name>
        <lei>N/A</lei>
        <title>Dublin City School District, Ohio School Facilities Unlimited Tax, Series 2024B</title>
        <cusip>26371GYQ7</cusip>
        <identifiers>
          <isin value="US26371GYQ71"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1253026.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Franklin Township-Marion County Multiple School Building Corp.</name>
        <lei>N/A</lei>
        <title>Franklin Township-Marion County Multiple School Building Corp., Valorem Property Tax First Mortgage, Series 2024</title>
        <cusip>355137FY1</cusip>
        <identifiers>
          <isin value="US355137FY17"/>
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        <balance>1375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1567673.94000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-15</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>Missouri Joint Municipal Electric Utility Commission</name>
        <lei>N/A</lei>
        <title>Missouri Joint Municipal Electric Utility Commission, Plum Point Project, Series 2024</title>
        <cusip>606092PT5</cusip>
        <identifiers>
          <isin value="US606092PT52"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3322554.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-01</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>Virginia Public Building Authority</name>
        <lei>N/A</lei>
        <title>Virginia Public Building Authority, Series 2015A</title>
        <cusip>928172K38</cusip>
        <identifiers>
          <isin value="US928172K382"/>
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        <balance>5000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5017934.00000000</valUSD>
        <pctVal>0.248803277720</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-01</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>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
        <title>State of Ohio, Natural Resources, Series 2017V</title>
        <cusip>677522VH4</cusip>
        <identifiers>
          <isin value="US677522VH42"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>37276.61000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-01</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>Maine Health &amp; Higher Educational Facilities Authority</name>
        <lei>N/A</lei>
        <title>Maine Health and Higher Educational Facilities Authority, Series 2024 A</title>
        <cusip>56042SDT4</cusip>
        <identifiers>
          <isin value="US56042SDT42"/>
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        <balance>1460000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1614732.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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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 Wisconsin</name>
        <lei>549300VTAT608CNZ5827</lei>
        <title>State of Wisconsin, Series 2015-1</title>
        <cusip>97705L8N0</cusip>
        <identifiers>
          <isin value="US97705L8N01"/>
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        <balance>2330000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2347250.39000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Energy Southeast A Cooperative District</name>
        <lei>2549001SMMZ81MXBXZ89</lei>
        <title>Energy Southeast A Cooperative District, Series 2023A-1</title>
        <cusip>292723AK9</cusip>
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          <isin value="US292723AK96"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5444363.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.50000080</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Aledo Independent School District</name>
        <lei>N/A</lei>
        <title>Aledo Independent School District, Unlimited Tax</title>
        <cusip>014464ZG9</cusip>
        <identifiers>
          <isin value="US014464ZG94"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>762582.87000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority, Eskaton Properties, Inc. Obligated Group, Series 2024</title>
        <cusip>13048VY51</cusip>
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          <isin value="US13048VY513"/>
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        <balance>1000000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kentucky Economic Development Finance Authority</name>
        <lei>N/A</lei>
        <title>Kentucky Economic Development Finance Authority, Baptist Healthcare System Obligated Group, Series 2017B</title>
        <cusip>49126KKP5</cusip>
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          <isin value="US49126KKP56"/>
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        <balance>165000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Michigan State Housing Development Authority</name>
        <lei>549300NSWW1HVXE93T03</lei>
        <title>Michigan State Housing Development Authority, Single Family Mortgage, Series 2024D</title>
        <cusip>594654ZT5</cusip>
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          <isin value="US594654ZT58"/>
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        <balance>1000000.00000000</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>2055-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</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>County of Hamilton OH Sewer System Revenue</name>
        <lei>N/A</lei>
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          <isin value="US407288G525"/>
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        <balance>1110000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>U.S. Treasury 5 Year Note</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Sedol" value="FVH5COM"/>
          <other otherDesc="Future Ticker" value="FVH5 Comdty"/>
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        <balance>2256.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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        <assetCat>DIR</assetCat>
        <issuerConditional desc="Future" issuerCat="OTHER"/>
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        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>CME Clearing House</counterpartyName>
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                <issuerName>United States of America</issuerName>
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                  <ticker value="FVH5 Comdty"/>
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      <invstOrSec>
        <name>Oklahoma Water Resources Board</name>
        <lei>5493007CUNXW5UX11C71</lei>
        <title>Oklahoma Water Resources Board, Clean Water Program, Series 2024</title>
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          <isin value="US67919PVA82"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Phoenix Civic Improvement Corp.</name>
        <lei>N/A</lei>
        <title>City of Phoenix Civic Improvement Corp., Junior Lien, Wastewater System, Series 2023</title>
        <cusip>71883PMK0</cusip>
        <identifiers>
          <isin value="US71883PMK02"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2248213.80000000</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>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Three Rivers Regional Wastewater Authority</name>
        <lei>N/A</lei>
        <title>Three Rivers Regional Wastewater Authority, Series 2024</title>
        <cusip>885754AN1</cusip>
        <identifiers>
          <isin value="US885754AN13"/>
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        <balance>1275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1452296.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority, Centerpointjoliet Terminal, Series 2020</title>
        <cusip>45203PAB0</cusip>
        <identifiers>
          <isin value="US45203PAB04"/>
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        <balance>2750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2780048.98000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Metropolitan Atlanta Rapid Transit Authority</name>
        <lei>5493006NVWO3NVLK0F49</lei>
        <title>Metropolitan Atlanta Rapid Transit Authority, Sales Tax, Series 2017D</title>
        <cusip>5917453X0</cusip>
        <identifiers>
          <isin value="US5917453X01"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>35941.46000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Massachusetts State College Building Authority</name>
        <lei>N/A</lei>
        <title>Massachusetts State College Building Authority, Series 2017D</title>
        <cusip>575831DD1</cusip>
        <identifiers>
          <isin value="US575831DD16"/>
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        <balance>45000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>47505.64000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Salt Lake City UT Airport Revenue</name>
        <lei>N/A</lei>
        <title>City of Salt Lake City, Airport System, Series 2023A</title>
        <cusip>795576LX3</cusip>
        <identifiers>
          <isin value="US795576LX31"/>
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        <balance>1060000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1167142.47000000</valUSD>
        <pctVal>0.057870205567</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Tennessee</name>
        <lei>N/A</lei>
        <title>State of Tennessee, Series 2023A</title>
        <cusip>880541J40</cusip>
        <identifiers>
          <isin value="US880541J402"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11436504.00000000</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>2038-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Texas State Affordable Housing Corp.</name>
        <lei>N/A</lei>
        <title>Texas State Affordable Housing Corp., Juniper Creek Apartments Project, Series 2023</title>
        <cusip>88271FFP3</cusip>
        <identifiers>
          <isin value="US88271FFP36"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3023159.10000000</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>2044-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <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., Junior Lien, Airport System, Series 2019A</title>
        <cusip>71883MNX8</cusip>
        <identifiers>
          <isin value="US71883MNX82"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2107583.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>San Diego County Regional Airport Authority</name>
        <lei>N/A</lei>
        <title>San Diego County Regional Airport Authority, Series 2023B</title>
        <cusip>79739GRD0</cusip>
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          <isin value="US79739GRD06"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2252832.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New York Transportation Development Corp.</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp., Delta Air Lines, Inc., LaGuardia Airport Terminals C&amp;D Redevelopment Project</title>
        <cusip>650116CN4</cusip>
        <identifiers>
          <isin value="US650116CN46"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3090451.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corp.</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp., Series 2018 A</title>
        <cusip>888808HK1</cusip>
        <identifiers>
          <isin value="US888808HK19"/>
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        <balance>5255000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5494355.27000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Great Lakes Water Authority Sewage Disposal System Revenue</name>
        <lei>N/A</lei>
        <title>Great Lakes Water Authority Sewage Disposal System, Second Lien, Series 2023A</title>
        <cusip>39081HER9</cusip>
        <identifiers>
          <isin value="US39081HER93"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1141684.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
        <title>Chicago O'Hare International Airport, Customer Facility Charge Senior Lien, Series 2023</title>
        <cusip>1675933Y6</cusip>
        <identifiers>
          <isin value="US1675933Y65"/>
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        <balance>1265000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1430621.77000000</valUSD>
        <pctVal>0.070934250142</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-01</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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        <name>New York Transportation Development Corp.</name>
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        <name>Southeast Energy Authority A Cooperative District</name>
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        <name>Arlington Higher Education Finance Corp.</name>
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        <name>Alaska Housing Finance Corp.</name>
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        <name>City of New York NY</name>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>Maine Turnpike Authority</name>
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        <name>Stamford Housing Authority</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>City of Meriden CT</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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        <name>Pima County Unified School District No. 1 Tucson</name>
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        <name>City of Atlanta GA Airport Passenger Facility Charge</name>
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        <name>Trinity River Authority</name>
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        <name>Trinity River Authority</name>
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        <name>City of Houston TX Airport System Revenue</name>
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        <name>Oklahoma Water Resources Board</name>
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        <name>Public Power Generation Agency</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>City of Decatur IL</name>
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        <name>Union County Hospital Facility Authority</name>
        <lei>N/A</lei>
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        <name>District of Columbia Income Tax Revenue</name>
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          <isin value="US25477GWB75"/>
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          <maturityDt>2048-05-01</maturityDt>
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        <name>New York City Municipal Water Finance Authority</name>
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          <isin value="US64972GHJ67"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-06-15</maturityDt>
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      <invstOrSec>
        <name>Iowa Tobacco Settlement Authority</name>
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          <isin value="US888805CJ51"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-06-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>Washington State Housing Finance Commission</name>
        <lei>549300YL1HU59NREG764</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>State of Florida</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Bucks County Water and Sewer Authority</name>
        <lei>N/A</lei>
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          <isin value="US118683JN24"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Metropolitan Washington Airports Authority Aviation Revenue</name>
        <lei>N/A</lei>
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        <name>Alaska Industrial Development &amp; Export Authority</name>
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          <maturityDt>2033-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Georgetown TX Utility System Revenue</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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          <maturityDt>2031-12-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Metropolitan Washington Airports Authority Aviation Revenue</name>
        <lei>N/A</lei>
        <title>Metropolitan Washington Airports Authority Aviation, Series 2020A</title>
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        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
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          <maturityDt>2052-06-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Virginia Small Business Financing Authority</name>
        <lei>N/A</lei>
        <title>Virginia Small Business Financing Authority, Environmental Facilities Pure Salmon Virginia LLC Project</title>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Allegheny County Sanitary Authority</name>
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        <name>Lower Alabama Gas District (The)</name>
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        <name>Southern Illinois University</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Mississippi State University Educational Building Corp.</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Mount Markham Central School District</name>
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        <name>Petaluma Public Financing Authority</name>
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        <name>Town of Fuquay-Varina NC Combined Utilities Revenue</name>
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        <name>Central Texas Turnpike System</name>
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        <name>California Municipal Finance Authority</name>
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        <name>Indiana State University</name>
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        <name>California Infrastructure &amp; Economic Development Bank</name>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Energy Northwest</name>
        <lei>N/A</lei>
        <title>Energy Northwest, Project 1, Series 2017A</title>
        <cusip>29270CU52</cusip>
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          <isin value="US29270CU521"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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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, Series 2024</title>
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          <isin value="US187145TQ00"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2027-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Bartow County Development Authority</name>
        <lei>5493006KLI0V8YELKW50</lei>
        <title>Bartow County Development Authority, Georgia Power Co. Plant, Series 2009-1</title>
        <cusip>069643BN3</cusip>
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          <isin value="US069643BN34"/>
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        <curCd>USD</curCd>
        <valUSD>2056553.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.95000000</annualizedRt>
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      <invstOrSec>
        <name>Sales Tax Securitization Corp.</name>
        <lei>N/A</lei>
        <title>Sales Tax Securitization Corp., Second Lien, Series 2020A</title>
        <cusip>79467BDA0</cusip>
        <identifiers>
          <isin value="US79467BDA08"/>
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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>2040-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Suffolk Regional Off-Track Betting Co.</name>
        <lei>N/A</lei>
        <title>Suffolk Regional Off-Track Betting Co., Series 2024</title>
        <cusip>86480TAB0</cusip>
        <identifiers>
          <isin value="US86480TAB08"/>
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        <balance>2940000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New York City Transitional Finance Authority</name>
        <lei>5493003476LG35QAKM08</lei>
        <title>New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2024, Series 2024C</title>
        <cusip>64972JCG1</cusip>
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          <isin value="US64972JCG13"/>
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        <balance>2500000.00000000</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>2053-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Arlington Higher Education Finance Corp.</name>
        <lei>N/A</lei>
        <title>Arlington Higher Education Finance Corp., Lifeschool of Dallas, Series 2024</title>
        <cusip>041807LB2</cusip>
        <identifiers>
          <isin value="US041807LB29"/>
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        <balance>205000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, Personal Income Tax, Series 2019D</title>
        <cusip>64990FPM0</cusip>
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          <isin value="US64990FPM04"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Franklin Township-Marion County Multiple School Building Corp.</name>
        <lei>N/A</lei>
        <title>Franklin Township-Marion County Multiple School Building Corp., Valorem Property Tax First Mortgage, Series 2024</title>
        <cusip>355137FW5</cusip>
        <identifiers>
          <isin value="US355137FW50"/>
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        <balance>1600000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Central Plains Energy Project</name>
        <lei>SVQOT7V5CPLIGNP5BE29</lei>
        <title>Central Plains Energy Project, Gas Project No. 3, Series 2017A</title>
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          <isin value="US154871CF28"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Central Texas Turnpike System</name>
        <lei>N/A</lei>
        <title>Central Texas Turnpike System, Second Tier, Series 2024 C</title>
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          <isin value="US88283KBX54"/>
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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>2032-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Knott KY</name>
        <lei>N/A</lei>
        <title>County of Knott, Solid Waste Water Project, Series 2024</title>
        <cusip>49920CAA5</cusip>
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          <isin value="US49920CAA53"/>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2025-04-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Tampa Bay Water</name>
        <lei>N/A</lei>
        <title>Tampa Bay Water, Regional Water Supply Authority, Utility System, Series 2024A</title>
        <cusip>875124HX0</cusip>
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          <isin value="US875124HX00"/>
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          <maturityDt>2054-10-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Maricopa County Unified School District No. 60 Higley</name>
        <lei>N/A</lei>
        <title>Maricopa County Unified School District No. 60 Higley</title>
        <cusip>56756QAZ3</cusip>
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          <isin value="US56756QAZ37"/>
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        <invCountry>US</invCountry>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Wisconsin</name>
        <lei>549300VTAT608CNZ5827</lei>
        <title>State of Wisconsin, Series 2023B</title>
        <cusip>97705MD93</cusip>
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          <isin value="US97705MD932"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2035-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Missouri Housing Development Commission</name>
        <lei>5493007FBL7WCV3NKY25</lei>
        <title>Missouri Housing Development Commission, Single Family, First Place Homeownership Loan Program, Series 2024 A</title>
        <cusip>60637B8J2</cusip>
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          <isin value="US60637B8J22"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <name>Board of Regents of the University of Texas System</name>
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          <annualizedRt>2.79999882</annualizedRt>
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        <name>Texas Water Development Board</name>
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          <maturityDt>2037-10-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Illinois</name>
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        <name>Columbia County Hospital Authority/GA</name>
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        <name>Vinton-Tecumseh School Building Corp.</name>
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        <name>New York Transportation Development Corp.</name>
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        <name>Arlington Higher Education Finance Corp.</name>
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        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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        <name>Westchester County Local Development Corp.</name>
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        <name>Texas Public Finance Authority</name>
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          <isin value="US88277PAM77"/>
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        <name>Curators of the University of Missouri (The)</name>
        <lei>G0G4PRB87K0V5MXIV248</lei>
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        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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        <name>Allegheny County Higher Education Building Authority</name>
        <lei>N/A</lei>
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        <name>State of Washington</name>
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          <maturityDt>2039-08-01</maturityDt>
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        <name>Palm Beach County School District</name>
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        <name>Yellowstone and Carbon Counties School District No. 7-70 Laurel</name>
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        <name>Mobile County Industrial Development Authority</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>City of Asheville NC Water System Revenue</name>
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        <name>Cedar Hill Independent School District</name>
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        <name>City &amp; County of Denver CO Airport System Revenue</name>
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        <name>California Community Choice Financing Authority</name>
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        <name>Jarrell Independent School District</name>
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        <name>Lower Colorado River Authority</name>
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        <name>City of Glendale AZ Water &amp; Sewer Revenue</name>
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        <name>Geisinger Authority</name>
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        <name>Florida State Board of Governors University of North Florida Dormitory Revenue</name>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Rhode Island Health and Educational Building Corp.</name>
        <lei>N/A</lei>
        <title>Rhode Island Health and Educational Building Corp., Lifespan Obligated Group, Series 2024</title>
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          <isin value="US762244MA62"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Vallecito Union School District</name>
        <lei>N/A</lei>
        <title>Vallecito Union School District, Series A</title>
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          <isin value="US919173DY74"/>
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        <curCd>USD</curCd>
        <valUSD>674520.08000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Wisconsin</name>
        <lei>549300VTAT608CNZ5827</lei>
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          <isin value="US97705MEH43"/>
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        <curCd>USD</curCd>
        <valUSD>51421.14000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Hampshire Business Finance Authority</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority, Tamarron Project, Series 2024</title>
        <cusip>63608TAB6</cusip>
        <identifiers>
          <isin value="US63608TAB61"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1500721.35000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Delaware PA</name>
        <lei>N/A</lei>
        <title>County of Delaware, Series 2024</title>
        <cusip>246001ZZ7</cusip>
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          <isin value="US246001ZZ73"/>
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        <balance>1460000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1624385.63000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
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        <cusip>452153JJ9</cusip>
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          <isin value="US452153JJ99"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1044119.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, Pace University, Series 2024 A</title>
        <cusip>65000B4U9</cusip>
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          <isin value="US65000B4U92"/>
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        <balance>460000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>508797.77000000</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>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <cusip>66285WM60</cusip>
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          <isin value="US66285WM601"/>
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        <balance>3740000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3827625.21000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lower Colorado River Authority</name>
        <lei>549300QJFPW2NNBYR215</lei>
        <title>Lower Colorado River Authority, Series 2024</title>
        <cusip>54811GN89</cusip>
        <identifiers>
          <isin value="US54811GN898"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4501675.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Iowa Student Loan Liquidity Corp.</name>
        <lei>549300FO1LWVSZKGJK70</lei>
        <title>Iowa Student Loan Liquidity Corp., Student Loan, Series 2023B</title>
        <cusip>462590NS5</cusip>
        <identifiers>
          <isin value="US462590NS50"/>
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        <balance>900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>935444.16000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Connecticut</name>
        <lei>5493007GRO6CU0IKP741</lei>
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        <cusip>20772J6T4</cusip>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>140496.05000000</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>2033-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Minnesota Housing Finance Agency</name>
        <lei>549300R89XDTQBK4GE22</lei>
        <title>Minnesota Housing Finance Agency, Series 2023F</title>
        <cusip>60416TQ68</cusip>
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        <balance>2410000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2582487.32000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois, Series 2018B</title>
        <cusip>4521523B5</cusip>
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          <isin value="US4521523B53"/>
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        <valUSD>2128186.80000000</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>2029-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Lee County School Board (The)</name>
        <lei>54930014H67DITNA1Q29</lei>
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        <cusip>523494RK0</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Garland Independent School District</name>
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        <title>Garland Independent School District, Unlimited Tax, School Building, Series 2023A</title>
        <cusip>366155Z93</cusip>
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          <isin value="US366155Z939"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2040-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>California Infrastructure &amp; Economic Development Bank</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>California Infrastructure and Economic Development Bank, Segerstrom Center for the Arts, Series 2024</title>
        <cusip>13034A5V8</cusip>
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          <isin value="US13034A5V86"/>
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        <curCd>USD</curCd>
        <valUSD>2141293.83000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corp.</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp., Series B</title>
        <cusip>888809BG4</cusip>
        <identifiers>
          <isin value="US888809BG44"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5009930.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Louisiana</name>
        <lei>N/A</lei>
        <title>State of Louisiana, Series 2016-B</title>
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        <name>Bucks County Water and Sewer Authority</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Arlington Higher Education Finance Corp.</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Transitional Finance Authority</name>
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          <isin value="US64972JCD81"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>New Hampshire Business Finance Authority</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority, University of Nevada Reno Project, Series 2023A</title>
        <cusip>63610FBL9</cusip>
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          <isin value="US63610FBL94"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>Katy Independent School District</name>
        <lei>254900H9QSKVP2HWVL72</lei>
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        <cusip>486063W63</cusip>
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          <isin value="US486063W630"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Maryland Health &amp; Higher Educational Facilities Authority</name>
        <lei>N/A</lei>
        <title>Maryland Health and Higher Educational Facilities Authority, Pooled Loan Program, Series 1985B</title>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-01</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Baseline Metropolitan District No. 1</name>
        <lei>N/A</lei>
        <title>Baseline Metropolitan District No. 1, Series 2024A</title>
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          <isin value="US069826AH81"/>
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        <balance>580000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Lone Tree CO</name>
        <lei>N/A</lei>
        <title>City of Lone Tree</title>
        <cusip>542341AT9</cusip>
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          <isin value="US542341AT97"/>
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        <balance>1475000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Arizona Board of Regents</name>
        <lei>N/A</lei>
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          <isin value="US040664AH79"/>
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        <invCountry>US</invCountry>
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        <name>County of King WA Sewer Revenue</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, Cornell University, Series 2019D</title>
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        <name>Virginia Small Business Financing Authority</name>
        <lei>N/A</lei>
        <title>Virginia Small Business Financing Authority, Senior Lien, Elizabeth River Crossing Opco, LLC Project</title>
        <cusip>928104NU8</cusip>
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          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>El Centro Financing Authority</name>
        <lei>N/A</lei>
        <title>El Centro Financing Authority, Police Station Project, Series 2023A</title>
        <cusip>28282RBT6</cusip>
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          <isin value="US28282RBT68"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of San Antonio TX Electric &amp; Gas Systems Revenue</name>
        <lei>5493002G2FEH20Q4GQ04</lei>
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        <name>Township of Hampton PA</name>
        <lei>N/A</lei>
        <title>Township of Hampton</title>
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        <name>Texas Municipal Gas Acquisition &amp; Supply Corp. V</name>
        <lei>254900XZ4J30QIJO9G03</lei>
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          <isin value="US88256RAK23"/>
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        <name>Philadelphia Authority for Industrial Development</name>
        <lei>549300DIY68KQZEW7M79</lei>
        <title>Philadelphia Authority for Industrial Development, Holy Family University Project</title>
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        <invCountry>US</invCountry>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>Metropolitan Atlanta Rapid Transit Authority</name>
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          <isin value="US591746AM43"/>
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          <maturityDt>2039-07-01</maturityDt>
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        <name>New York City Municipal Water Finance Authority</name>
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          <isin value="US64972FX277"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-06-15</maturityDt>
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        <name>Arizona Board of Regents</name>
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          <isin value="US040664MF85"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>City of Phoenix Civic Improvement Corp.</name>
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          <isin value="US71883PMM67"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isin value="US929831YB53"/>
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          <maturityDt>2025-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Colorado Bridge &amp; Tunnel Enterprise</name>
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          <isin value="US19633TAE10"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-12-01</maturityDt>
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        <name>Florida Development Finance Corp.</name>
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        <name>Arizona Board of Regents</name>
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        <name>Maricopa County Industrial Development Authority</name>
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        <name>Florida Municipal Loan Council</name>
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        <name>Memphis-Shelby County Airport Authority</name>
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        <name>State of Washington</name>
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        <name>Virginia Resources Authority</name>
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        <name>County of Clark NV Passenger Facility Charge Revenue</name>
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        <name>Arlington Higher Education Finance Corp.</name>
        <lei>N/A</lei>
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        <name>Colorado Springs School District No. 11 Facilities Corp.</name>
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        <name>County of Spotsylvania VA</name>
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        <name>Clark County Public Utility District No. 1 Electric Revenue</name>
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        <name>University of Alabama (The)</name>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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        <name>Indianapolis Local Public Improvement Bond Bank</name>
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        <name>New York City Transitional Finance Authority</name>
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        <name>Tampa-Hillsborough County Expressway Authority</name>
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        <name>Southeast Energy Authority A Cooperative District</name>
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        <name>Texas A&amp;M University</name>
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        <name>Southern Illinois University</name>
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        <name>Tracy Public Financing Authority</name>
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        <name>Central Plains Energy Project</name>
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      <invstOrSec>
        <name>Arlington Higher Education Finance Corp.</name>
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        <name>State of Ohio</name>
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          <isin value="US67759HKN34"/>
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        <name>Mansfield Independent School District</name>
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          <isin value="US564386UE82"/>
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          <maturityDt>2054-02-15</maturityDt>
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        <name>Albuquerque Municipal School District No. 12</name>
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        <name>Yonkers Industrial Development Agency</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Maryland Department of Transportation</name>
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          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Smithtown Central School District</name>
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          <isin value="US832492ZB17"/>
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          <maturityDt>2035-06-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>California County Tobacco Securitization Agency</name>
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        <title>California County Tobacco Securitization Agency, Golden Gate Tobacco Funding Corp., Series A</title>
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          <isin value="US13016NDF87"/>
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        <name>Illinois Finance Authority</name>
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        <name>State of Illinois</name>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Lower Colorado River Authority</name>
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        <name>Charleston County Airport District</name>
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        <name>Camden Central School District</name>
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        <name>California Public Finance Authority</name>
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          <isin value="US13057GAQ29"/>
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        <name>County of Davidson NC</name>
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        <invCountry>US</invCountry>
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        <name>Clark County Water Reclamation District</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Indianapolis Local Public Improvement Bond Bank</name>
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        <name>Maricopa County Industrial Development Authority</name>
        <lei>N/A</lei>
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          <isin value="US56678PCH82"/>
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        <name>State of Kansas Department of Transportation</name>
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        <name>Port Authority of New York &amp; New Jersey</name>
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        <name>Vermont Municipal Bond Bank</name>
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        <name>County of Lee FL Airport Revenue</name>
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        <name>City of Oneida NY</name>
        <lei>N/A</lei>
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          <couponKind>Fixed</couponKind>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>State of West Virginia</name>
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        <name>City of Chicago IL Waterworks Revenue</name>
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        <name>State of Illinois</name>
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        <name>County of Fairfax VA</name>
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        <name>Arlington Higher Education Finance Corp.</name>
        <lei>N/A</lei>
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        <name>University of Illinois</name>
        <lei>549300VD8PPC4Q5HK850</lei>
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        <name>City of Jacksonville FL</name>
        <lei>549300XQE0JVN9WV0J40</lei>
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        <name>New York Transportation Development Corp.</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp., Delta Air Lines, Inc., LaGuardia Airport Terminals C&amp;D Redevelopment Project, Series 2023</title>
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        <name>State of Florida Lottery Revenue</name>
        <lei>N/A</lei>
        <title>State of Florida, State Board of Education, Lottery, Series 2016A</title>
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        <name>Michigan Strategic Fund</name>
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        <name>Buckeye Tobacco Settlement Financing Authority</name>
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        <name>Truckee Meadows Water Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Collier County Educational Facilities Authority</name>
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        <name>California Community Choice Financing Authority</name>
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        <name>South Dakota Housing Development Authority</name>
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      <invstOrSec>
        <name>Utah Transit Authority</name>
        <lei>N/A</lei>
        <title>Utah Transit Authority, Sales Tax, Series 2023</title>
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          <isin value="US917567HB83"/>
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      <invstOrSec>
        <name>Arlington Higher Education Finance Corp.</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>California Community Choice Financing 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>2054-11-01</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>Metropolitan Washington Airports Authority Aviation Revenue</name>
        <lei>N/A</lei>
        <title>Metropolitan Washington Airports Authority Aviation, Series 2021A</title>
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        <name>Michigan Finance Authority</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Casino Reinvestment Development Authority, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Coffee TN</name>
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          <maturityDt>2028-06-01</maturityDt>
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        <name>Metropolitan Government of Nashville &amp; Davidson County TN</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Houston TX Combined Utility System Revenue</name>
        <lei>N/A</lei>
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          <isin value="US44244CSQ14"/>
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        <name>County of Jefferson AL Sewer Revenue</name>
        <lei>N/A</lei>
        <title>County of Jefferson sewer, Series 2024</title>
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        <name>Build NYC Resource Corp.</name>
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        <name>City of Charlotte NC</name>
        <lei>5493001QNY6JJFWHQ568</lei>
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        <name>Malone Central School District</name>
        <lei>N/A</lei>
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        <name>Port of Greater Cincinnati Development Authority</name>
        <lei>549300IK2RCZBY62ST97</lei>
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        <name>Town of Fuquay-Varina NC Combined Utilities Revenue</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <name>State of Illinois</name>
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          <isin value="US452153JV28"/>
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          <maturityDt>2038-05-01</maturityDt>
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        <name>Trinity River Authority</name>
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          <maturityDt>2042-02-01</maturityDt>
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      <invstOrSec>
        <name>Mabank Independent School District</name>
        <lei>N/A</lei>
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          <isin value="US554086NV68"/>
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          <maturityDt>2025-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Pennsylvania Turnpike Commission</name>
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          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Spokane County School District No. 354 Mead</name>
        <lei>N/A</lei>
        <title>Spokane County School District No. 354 Mead, Unlimited Tax</title>
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          <isin value="US848780SM51"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-12-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indio Finance Authority</name>
        <lei>N/A</lei>
        <title>Indio Finance Authority, City of Indio, Series 2022A</title>
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          <isin value="US45571LDK08"/>
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          <maturityDt>2034-11-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of Connecticut Special Tax Revenue</name>
        <lei>N/A</lei>
        <title>State of Connecticut Special Tax, Series 2023A</title>
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          <isin value="US207758P983"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cedar Hill Independent School District</name>
        <lei>N/A</lei>
        <title>Cedar Hill Independent School District, Unlimited Tax, Series 2024</title>
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          <isin value="US1504294C90"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-02-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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          <maturityDt>2030-01-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Port Authority of New York &amp; New Jersey</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>North Carolina Housing Finance Agency</name>
        <lei>EC4EE0PS5OP5O69B5C39</lei>
        <title>North Carolina Housing Finance Agency, Homeownership, Series 52-C</title>
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          <isin value="US6582074F94"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.15000096</annualizedRt>
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        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
        <title>Chicago O'Hare International Airport, General Airport, Senior Lien, Series 2024D</title>
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          <isin value="US1675936M90"/>
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          <maturityDt>2031-01-01</maturityDt>
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        <name>Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue</name>
        <lei>N/A</lei>
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          <isin value="US74529JRL16"/>
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        <balance>6000000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-07-01</maturityDt>
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        <name>Solano Irrigation District</name>
        <lei>N/A</lei>
        <title>Solano Irrigation District, Water</title>
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          <isin value="US834130AK27"/>
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          <maturityDt>2031-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Loudoun County Economic Development Authority</name>
        <lei>N/A</lei>
        <title>Loudoun County Economic Development Authority, Howard Hughes Medical Institute, Series E</title>
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          <isin value="US545910AJ02"/>
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          <maturityDt>2038-02-15</maturityDt>
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        <name>Northwest Independent School District</name>
        <lei>N/A</lei>
        <title>Northwest Independent School District, Unlimited Tax, Series 2024 A</title>
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          <isin value="US667826GB17"/>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority Building Aid, Subordinate, Fiscal Year 2020, Series 2020S1, Subseries S-1B</title>
        <cusip>64972H3K6</cusip>
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          <isin value="US64972H3K69"/>
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        <balance>1500000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <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="US65887PZE86"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JEA Electric System Revenue</name>
        <lei>N/A</lei>
        <title>JEA Electric System, Series 2024A- 3</title>
        <cusip>46613SSD3</cusip>
        <identifiers>
          <isin value="US46613SSD35"/>
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        <balance>2250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2619524.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-01</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>Ohio Water Development Authority</name>
        <lei>549300QMBH1DMY67FZ74</lei>
        <title>Ohio Water Development Authority, Drinking Water Assistance, Series 2024 A</title>
        <cusip>67765QPK6</cusip>
        <identifiers>
          <isin value="US67765QPK66"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2849305.50000000</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>2041-12-01</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>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, Series 2024A</title>
        <cusip>65000BW53</cusip>
        <identifiers>
          <isin value="US65000BW533"/>
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        <balance>3225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3356695.13000000</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>2026-10-01</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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        <name>Triborough Bridge &amp; Tunnel Authority</name>
        <lei>54930020ZN4LQF7K3456</lei>
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        <cusip>89602HHH3</cusip>
        <identifiers>
          <isin value="US89602HHH30"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3335160.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>District of Columbia Income Tax Revenue</name>
        <lei>N/A</lei>
        <title>District of Columbia, Income Tax, Series 2023 A</title>
        <cusip>25477GWA9</cusip>
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          <isin value="US25477GWA92"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3906313.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Oshkosh WI Water Revenue</name>
        <lei>N/A</lei>
        <title>City of Oshkosh, Water, Series 2022D</title>
        <cusip>688259QU7</cusip>
        <identifiers>
          <isin value="US688259QU71"/>
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        <balance>180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>191540.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>University of Connecticut</name>
        <lei>N/A</lei>
        <title>University of Connecticut, Series 2017A</title>
        <cusip>914233K67</cusip>
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          <isin value="US914233K677"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>130833.80000000</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>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Norwalk CT</name>
        <lei>N/A</lei>
        <title>City of Norwalk, Series 2023</title>
        <cusip>668844XN8</cusip>
        <identifiers>
          <isin value="US668844XN83"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>721419.51000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Metropolitan Washington Airports Authority Aviation Revenue</name>
        <lei>N/A</lei>
        <title>Metropolitan Washington Airports Authority Aviation, Series 2024A</title>
        <cusip>592647MJ7</cusip>
        <identifiers>
          <isin value="US592647MJ75"/>
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        <balance>1270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1308551.74000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
        <lei>549300ROY505NVTMMI25</lei>
        <title>Tarrant County Cultural Education Facilities Finance Corp., Texas Health Resources System, Series 2008A</title>
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          <isin value="US87638TCG67"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-11-15</maturityDt>
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        <name>Melissa Independent School District</name>
        <lei>N/A</lei>
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        <name>Stillwater Central School District</name>
        <lei>N/A</lei>
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          <maturityDt>2025-06-27</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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        <name>California Community Choice Financing Authority</name>
        <lei>549300X8VKJ215S2R571</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2031-08-01</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>Arizona Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority, National Charter School Revolving Loan Fund, Series 2023A</title>
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        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority, Clean Water Initiative Revolving Fund</title>
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        <balance>35000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <name>Los Angeles County Development Authority</name>
        <lei>N/A</lei>
        <title>Los Angeles County Development Authority, West LA Building 156 and 157 Apartments, Series 2023C</title>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-12-01</maturityDt>
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          <annualizedRt>3.75000000</annualizedRt>
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        <name>Garland Independent School District</name>
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      <invstOrSec>
        <name>Arlington Higher Education Finance Corp.</name>
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        <name>Bell County Water Control &amp; Improvement District No. 1</name>
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        <name>Maricopa County Industrial Development Authority</name>
        <lei>N/A</lei>
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          <isin value="US56682HBQ11"/>
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        <name>Baseline Metropolitan District No. 1</name>
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          <isin value="US069826AE50"/>
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        <name>Arizona Industrial Development Authority</name>
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        <title>Arizona Industrial Development Authority, Great Lakes Senior Living Communities LLC Project, Series 2019A</title>
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        <name>Public Finance Authority</name>
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        <name>Irving Independent School District</name>
        <lei>N/A</lei>
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        <name>Crowley Independent School District</name>
        <lei>N/A</lei>
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        <name>Irion County Independent School District</name>
        <lei>N/A</lei>
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        <name>Pennsylvania Higher Educational Facilities Authority</name>
        <lei>N/A</lei>
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        <name>Missouri Joint Municipal Electric Utility Commission</name>
        <lei>N/A</lei>
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        <name>Arlington Higher Education Finance Corp.</name>
        <lei>N/A</lei>
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        <name>Metropolitan Nashville Airport Authority (The)</name>
        <lei>549300IC0HNF8TDXEE63</lei>
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        <name>Utah Telecommunication Open Infrastructure Agency</name>
        <lei>549300LCGT5UXUJ1LP77</lei>
        <title>Utah Telecommunication Open Infrastructure Agency, Sales Tax and Telecommunications</title>
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      <invstOrSec>
        <name>Will County School District No. 86 Joliet</name>
        <lei>N/A</lei>
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        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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        <name>City &amp; County of Denver CO Airport System Revenue</name>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Irving TX Waterworks &amp; Sewer System Revenue</name>
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          <maturityDt>2038-08-15</maturityDt>
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        <name>New Hampshire Business Finance Authority</name>
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          <isin value="US63610FBF27"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Clifton Higher Education Finance Corp.</name>
        <lei>N/A</lei>
        <title>Clifton Higher Education Finance Corp., Yes Prep Public School, Inc., Series 2023</title>
        <cusip>187145RJ8</cusip>
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          <isin value="US187145RJ84"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Miami-Dade FL</name>
        <lei>549300QG0NBD9HULR263</lei>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Rhode Island Health and Educational Building Corp.</name>
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        <title>Rhode Island Health and Educational Building Corp., Lifespan Obligated Group, Series 2024</title>
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          <isin value="US762244LY57"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>California County Tobacco Securitization Agency</name>
        <lei>N/A</lei>
        <title>California County Tobacco Securitization Agency, Los Angeles County Securitization Corp., Series 2020 B-2</title>
        <cusip>13016NFC3</cusip>
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          <isin value="US13016NFC39"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>Texas Municipal Gas Acquisition &amp; Supply Corp. IV</name>
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          <isin value="US88256PAT75"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>University of Wisconsin Hospitals &amp; Clinics</name>
        <lei>549300O76DW14JGO7224</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Augusta Development Authority</name>
        <lei>N/A</lei>
        <title>Augusta Development Authority, AU Health System, Inc. Project, Series 2018</title>
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          <isin value="US05115CAR51"/>
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          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Township of Hampton PA</name>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <cusip>64990GSW3</cusip>
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          <isin value="US64990GSW32"/>
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        <name>Kansas City Industrial Development Authority</name>
        <lei>549300QWDXL46XQC8110</lei>
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        <name>Metropolitan Washington Airports Authority Aviation Revenue</name>
        <lei>N/A</lei>
        <title>Metropolitan Washington Airports Authority Aviation, Series 2023A</title>
        <cusip>592647LH2</cusip>
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          <isin value="US592647LH29"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2025-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority, Building Aid, Fiscal Year 2018, Series 2018S-4A</title>
        <cusip>64972HG48</cusip>
        <identifiers>
          <isin value="US64972HG484"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, Personal Income Tax, Series 2015B</title>
        <cusip>64990FTT1</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>County of Fort Bend TX Toll Road Revenue</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Jarrell Independent School District</name>
        <lei>N/A</lei>
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          <isin value="US471146XS41"/>
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      <invstOrSec>
        <name>Kentucky Public Energy Authority</name>
        <lei>549300XEJZWHYSY4SL55</lei>
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          <isin value="US74440DEC48"/>
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        <balance>3330000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-04-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Melissa Independent School District</name>
        <lei>N/A</lei>
        <title>Melissa Independent School District, Unlimited Tax, Series 2024</title>
        <cusip>585488YV5</cusip>
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          <isin value="US585488YV55"/>
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        <balance>350000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Melissa Independent School District</name>
        <lei>N/A</lei>
        <title>Melissa Independent School District, Unlimited Tax, Series 2024</title>
        <cusip>585488YY9</cusip>
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          <isin value="US585488YY94"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corp.</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp., Series 2018 A</title>
        <cusip>888808HM7</cusip>
        <identifiers>
          <isin value="US888808HM74"/>
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        <balance>2970000.00000000</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>2036-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Florida Housing Finance Corp.</name>
        <lei>549300W0PCIJCI0JCF10</lei>
        <title>Florida Housing Finance Corp., Culmer Apartments, Series 2023C</title>
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          <isin value="US34074HGY27"/>
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        <balance>1410000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Katy Independent School District</name>
        <lei>254900H9QSKVP2HWVL72</lei>
        <title>Katy Independent School District, Unlimited Tax, Series 2024</title>
        <cusip>486063W55</cusip>
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          <isin value="US486063W556"/>
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        <balance>2000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Northwest Independent School District</name>
        <lei>N/A</lei>
        <title>Northwest Independent School District, Unlimited Tax, Series 2023</title>
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          <isin value="US667826EE73"/>
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          <maturityDt>2039-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Hampshire Business Finance Authority</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority, University of Nevada Reno Project, Series 2023A</title>
        <cusip>63610FBD7</cusip>
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          <isin value="US63610FBD78"/>
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        <balance>860000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tri-County Metropolitan Transportation District of Oregon</name>
        <lei>N/A</lei>
        <title>Tri-County Metropolitan Transportation District of Oregon, Senior Lien Payroll Tax, Series 2021A</title>
        <cusip>89546RSJ4</cusip>
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          <isin value="US89546RSJ40"/>
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        <balance>1060000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Philadelphia Gas Works Co.</name>
        <lei>549300H8UJ7V5WU5IA90</lei>
        <title>Philadelphia Gas Works Co., 1998 General Ordinance, Series 17B</title>
        <cusip>71783MDM4</cusip>
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          <isin value="US71783MDM47"/>
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          <maturityDt>2031-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Lincoln NE Electric System Revenue</name>
        <lei>N/A</lei>
        <title>City of Lincoln, Electric System</title>
        <cusip>534272J42</cusip>
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          <isin value="US534272J420"/>
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        <balance>85000.00000000</balance>
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          <maturityDt>2026-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Florida Housing Finance Corp.</name>
        <lei>549300W0PCIJCI0JCF10</lei>
        <title>Florida Housing Finance Corp., Hampton Point Apartments, Series 2023E</title>
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        <name>Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue</name>
        <lei>N/A</lei>
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        <invCountry>PR</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
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          <annualizedRt>0.00000000</annualizedRt>
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        <name>California Statewide Communities Development Authority</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Delaware PA</name>
        <lei>N/A</lei>
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        <name>Polk County Housing Finance Authority</name>
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      <invstOrSec>
        <name>Northwest Independent School District</name>
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        <name>Idaho Health Facilities Authority</name>
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          <maturityDt>2029-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>Clifton Higher Education Finance Corp.</name>
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        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
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        <name>Illinois Finance Authority</name>
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        <name>Arizona Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority, Equitable School Revolving Fund LLC, Series 2024 A</title>
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        <name>Main Street Natural Gas, Inc.</name>
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        <name>Black Belt Energy Gas District</name>
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        <name>TSASC, Inc.</name>
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        <name>State of Illinois</name>
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        <name>Northeastern Clinton Central School District</name>
        <lei>N/A</lei>
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        <name>Northeast Ohio Medical University</name>
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        <name>County of Hamilton OH Sewer System Revenue</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Halifax County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Halifax County Industrial Development Authority, Virginia Electric and Power, Series 2010A</title>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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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>2037-07-15</maturityDt>
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      <invstOrSec>
        <name>Colorado Springs School District No. 11 Facilities Corp.</name>
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          <isin value="US19662UBA97"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-12-15</maturityDt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <isin value="US64971WEY21"/>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Sullivan TN</name>
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          <couponKind>Fixed</couponKind>
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        <name>State of Wisconsin Environmental Improvement Fund Revenue</name>
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          <isin value="US97709TBR68"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Detroit MI</name>
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          <isin value="US2510935E65"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Swarthmore Borough Authority</name>
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          <isin value="US870000QV19"/>
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        <name>Southeast Alabama Gas Supply District (The)</name>
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        <name>Montgomery County Higher Education and Health Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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        <name>Prosper Independent School District</name>
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        <name>Cook County School District No. 87 Berkeley</name>
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        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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      <invstOrSec>
        <name>Colorado Springs School District No. 11 Facilities Corp.</name>
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          <isin value="US19662UBJ07"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-12-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>University of Oklahoma (The)</name>
        <lei>N/A</lei>
        <title>University of Oklahoma (The), Series 2024A</title>
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          <isin value="US91476PZN13"/>
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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>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Pennsylvania Economic Development Financing Authority Parking System Revenue</name>
        <lei>N/A</lei>
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          <isin value="US70870EEX31"/>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
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        <cusip>88285ADU9</cusip>
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          <isin value="US88285ADU97"/>
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        <balance>1725000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1871450.78000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
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        <cusip>64971XTX6</cusip>
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          <isin value="US64971XTX65"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>782514.45000000</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>2035-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Port of Greater Cincinnati Development Authority</name>
        <lei>549300IK2RCZBY62ST97</lei>
        <title>Port of Greater Cincinnati Development Authority, Duke Energy Convention Center Project, Series 2024B</title>
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          <isin value="US734195DU18"/>
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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>2037-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Capital Trust Authority</name>
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          <isin value="US14054WAH88"/>
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        <curCd>USD</curCd>
        <valUSD>1309472.13000000</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>2033-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tennessee Energy Acquisition Corp.</name>
        <lei>549300OJ2Z8PGEY46K92</lei>
        <title>Tennessee Energy Acquisition Corp., Gas Project, Series 2023A-1</title>
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          <isin value="US880443JF46"/>
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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>2028-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000040</annualizedRt>
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        <name>Dallas Area Rapid Transit</name>
        <lei>75YWM81F2R6UQGJIEW47</lei>
        <title>Dallas Area Rapid Transit, Sales Tax, Senior Lien, Series 2014A</title>
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          <isin value="US235241PD25"/>
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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>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Ohio Water Development Authority</name>
        <lei>549300QMBH1DMY67FZ74</lei>
        <title>Ohio Water Development Authority, Series 2016B</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Long Island Power Authority</name>
        <lei>1R46U5SYJ63KQXF39168</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>Colorado Springs School District No. 11 Facilities Corp.</name>
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        <title>Colorado Springs School District No. 11 Facilities Corp.</title>
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          <isin value="US19662UAP75"/>
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          <maturityDt>2026-12-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Thousand Islands Central School District</name>
        <lei>N/A</lei>
        <title>Thousand Islands Central School District</title>
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          <isin value="US885465HK35"/>
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        <name>City of Oshkosh WI Water Revenue</name>
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        <name>Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue</name>
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          <isin value="US74529JQG30"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>Oklahoma Water Resources Board</name>
        <lei>5493007CUNXW5UX11C71</lei>
        <title>Oklahoma Water Resources Board, State Loan Program, Series 2024 A</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
        <lei>N/A</lei>
        <title>State of California, Various Purpose</title>
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          <isin value="US13063DZE11"/>
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        <invCountry>US</invCountry>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Lenoir City TN Electric System Revenue</name>
        <lei>N/A</lei>
        <title>City of Lenoir City, Electric System, Series 2022</title>
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        <name>JPMorgan Institutional Tax Free Money Market Fund</name>
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        <name>State of Louisiana Gasoline &amp; Fuels Tax Revenue</name>
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        <name>Franklin Township-Marion County Multiple School Building Corp.</name>
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        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
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        <name>State of Illinois</name>
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        <name>Austin Independent School District</name>
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        <name>Utah Telecommunication Open Infrastructure Agency</name>
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      <invstOrSec>
        <name>City of Phoenix Civic Improvement Corp.</name>
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      <invstOrSec>
        <name>Town of Stony Point NY</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-15</maturityDt>
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      <invstOrSec>
        <name>Rhode Island Health and Educational Building Corp.</name>
        <lei>N/A</lei>
        <title>Rhode Island Health and Educational Building Corp., Brynt University Issue, Series 2024</title>
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          <isin value="US762197T843"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Main Street Natural Gas, Inc.</name>
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          <isin value="US56035DEN84"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-01</maturityDt>
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          <annualizedRt>5.00000040</annualizedRt>
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        <name>Pennsylvania Turnpike Commission</name>
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          <isin value="US709224YT05"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>City of Holland MI</name>
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          <isin value="US435164WW48"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Michigan Strategic Fund</name>
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        <title>Michigan Strategic Fund, Consumers Co. Project, Series 2019</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.35000000</annualizedRt>
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        <name>City of Clarksville TN Water Sewer &amp; Gas Revenue</name>
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          <isin value="US182618PP79"/>
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          <maturityDt>2041-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Georgia Ports Authority</name>
        <lei>N/A</lei>
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          <isin value="US373586HU34"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Buckeye Tobacco Settlement Financing Authority</name>
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        <name>Ohio Higher Educational Facility Commission</name>
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        <name>City of Gainesville GA Water &amp; Sewerage Revenue</name>
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        <name>Sheldon Independent School District</name>
        <lei>54930060GSW0WSH51R22</lei>
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        <name>Sales Tax Securitization Corp.</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Lake County Community Consolidated School District No. 3 Beach Park</name>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, Pace University, Series 2024 A</title>
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        <name>City of San Marcos TX</name>
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      <invstOrSec>
        <name>Glen Rose Independent School District</name>
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      <invstOrSec>
        <name>Florida Atlantic University Finance Corp.</name>
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          <isin value="US31200CCW47"/>
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      <invstOrSec>
        <name>City of Corpus Christi TX Utility System Revenue</name>
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          <isin value="US220245U513"/>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Allegheny County Hospital Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-15</maturityDt>
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      <invstOrSec>
        <name>Alaska Industrial Development &amp; Export Authority</name>
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        <title>Alaska Industrial Development and Export Authority, Tanana Chiefs Conference Project, Series 2019 A</title>
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          <isin value="US011903GF28"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Chicago Midway International Airport</name>
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          <isin value="US167562TF41"/>
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          <couponKind>Fixed</couponKind>
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        <name>California School Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US13059TFT16"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Kansas Development Finance Authority</name>
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        <name>Allegheny County Hospital Development Authority</name>
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        <name>State of Illinois</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Indianapolis Local Public Improvement Bond Bank</name>
        <lei>549300LX8ESJHDSESB87</lei>
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        <name>Rhode Island Health and Educational Building Corp.</name>
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        <name>City of Richmond VA</name>
        <lei>N/A</lei>
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        <name>Florida Housing Finance Corp.</name>
        <lei>549300W0PCIJCI0JCF10</lei>
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      <invstOrSec>
        <name>Charleston Educational Excellence Finance Corp.</name>
        <lei>N/A</lei>
        <title>Charleston Educational Excellence Finance Corp., Installment Purchase, Charleston County School District, South Carolina Project, Series 2024</title>
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        <name>Health &amp; Educational Facilities Authority of the State of Missouri</name>
        <lei>549300IWTBCMX5JB3277</lei>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Clifton Higher Education Finance Corp.</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>South San Francisco Public Facilities Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US840035BF59"/>
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          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>University of Kentucky</name>
        <lei>549300CXE3YQ1HXYCQ71</lei>
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          <isin value="US914378HP26"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>JEA Water &amp; Sewer System Revenue</name>
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          <isin value="US46615SFN36"/>
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        <valUSD>5545320.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Yucaipa Valley Water District Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US98840BAN38"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Indio Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US45571LDE48"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Pennsylvania Housing Finance Agency</name>
        <lei>549300JZVUPNWP77SP29</lei>
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        <cusip>70879QWN9</cusip>
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          <isin value="US70879QWN95"/>
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        <balance>2000000.00000000</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>2054-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>Dominion Water &amp; Sanitation District</name>
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        <title>Dominion Water and Sanitation District</title>
        <cusip>25755AAC5</cusip>
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          <isin value="US25755AAC53"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Harris County Cultural Education Facilities Finance Corp.</name>
        <lei>N/A</lei>
        <title>Harris County Cultural Education Facilities Finance Corp., Memorial Hermann Health System, Series 2024 B</title>
        <cusip>414009SG6</cusip>
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          <isin value="US414009SG63"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Clark County School District</name>
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          <isin value="US181059ZR08"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Shelby County Health Educational &amp; Housing Facilities Board</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>City of Austin TX Airport System Revenue</name>
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          <isin value="US052398FU34"/>
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          <maturityDt>2046-11-15</maturityDt>
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        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
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          <isin value="US64972GWZ35"/>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Ontario Public Financing Authority</name>
        <lei>N/A</lei>
        <title>Ontario Public Financing Authority, Civic Center Improvements, Series 2022A</title>
        <cusip>68304RCZ1</cusip>
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          <isin value="US68304RCZ10"/>
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          <maturityDt>2033-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Fircrest Properties</name>
        <lei>N/A</lei>
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        <cusip>318094AT6</cusip>
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          <isin value="US318094AT67"/>
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          <maturityDt>2049-06-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>River Islands Public Financing Authority</name>
        <lei>N/A</lei>
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        <cusip>76827QGF4</cusip>
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          <isin value="US76827QGF46"/>
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        <name>Los Angeles Department of Water &amp; Power System Revenue</name>
        <lei>549300S8NXV6YU61GG95</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Metropolitan Transportation Authority</name>
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        <name>Johnson County Water District No. 1</name>
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        <name>City of Milwaukee WI</name>
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        <name>City of Miami FL</name>
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        <name>Multnomah &amp; Clackamas Counties School District No. 10JT Gresham-Barlow</name>
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        <name>City of New York NY</name>
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          <isin value="US64966SHF65"/>
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        <name>County of DeKalb GA Water &amp; Sewerage Revenue</name>
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        <name>City of Salt Lake City UT Airport Revenue</name>
        <lei>N/A</lei>
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        <cusip>795576JM0</cusip>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York Power Authority</name>
        <lei>I5P1GEYFGGMMDOFX2L30</lei>
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          <maturityDt>2053-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Austin TX Electric Utility Revenue</name>
        <lei>N/A</lei>
        <title>City of Garland Electric Utility System</title>
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        <name>City of Round Rock TX</name>
        <lei>549300VJM2Z2IGVYF523</lei>
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        <name>New York City Transitional Finance Authority</name>
        <lei>5493003476LG35QAKM08</lei>
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          <maturityDt>2046-05-01</maturityDt>
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        <name>State of Maryland</name>
        <lei>N/A</lei>
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        <cusip>574193VK1</cusip>
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          <isin value="US574193VK10"/>
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        <name>Mabank Independent School District</name>
        <lei>N/A</lei>
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        <name>Pennsylvania Turnpike Commission</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
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        <name>Northern Virginia Transportation Commission</name>
        <lei>N/A</lei>
        <title>Northern Virginia Transportation Commission, Transforming Rail in Virginia Program</title>
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        <balance>640000.00000000</balance>
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        <name>Bucks County Water and Sewer Authority</name>
        <lei>N/A</lei>
        <title>Bucks County Water and Sewer Authority, Series 2022A</title>
        <cusip>118683JP7</cusip>
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        <invCountry>US</invCountry>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Turnpike Authority</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>New Jersey Turnpike Authority, Series 2022B</title>
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          <isin value="US646140EQ23"/>
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        <balance>1500000.00000000</balance>
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        <name>Cedar Rapids Community School District Infrastructure Sales Services &amp; Use Tax</name>
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        <name>Tobacco Securitization Authority of Southern California</name>
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        <name>San Antonio Education Facilities Corp.</name>
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        <name>New York Transportation Development Corp.</name>
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        <name>Crowley Independent School District</name>
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        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
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      <invstOrSec>
        <name>Baseline Metropolitan District No. 1</name>
        <lei>N/A</lei>
        <title>Baseline Metropolitan District No. 1, Series 2024A</title>
        <cusip>069826AF2</cusip>
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          <isin value="US069826AF26"/>
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        <valUSD>516670.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Golden State Tobacco Securitization Corp.</name>
        <lei>N/A</lei>
        <title>Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement, Series 2018A-1</title>
        <cusip>38122NZP0</cusip>
        <identifiers>
          <isin value="US38122NZP04"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>271016.90000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
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        <cusip>64972GC85</cusip>
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          <isin value="US64972GC857"/>
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        <valUSD>2105000.00000000</valUSD>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-06-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.15000096</annualizedRt>
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      <invstOrSec>
        <name>Commonwealth Financing Authority</name>
        <lei>N/A</lei>
        <title>Commonwealth Financing Authority, Tobacco Master Settlement Payment</title>
        <cusip>20282EAR7</cusip>
        <identifiers>
          <isin value="US20282EAR71"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>236527.31000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Colorado Health Facilities Authority</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority, CommonSpirit Health, Series 2024A</title>
        <cusip>19648FXS8</cusip>
        <identifiers>
          <isin value="US19648FXS81"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1146899.40000000</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>2034-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Brushy Creek Regional Utility Authority, Inc.</name>
        <lei>N/A</lei>
        <title>Brushy Creek Regional Utility Authority, Inc., Brushy Creek Regional Water Treatment and Distribution Project</title>
        <cusip>117467DQ0</cusip>
        <identifiers>
          <isin value="US117467DQ05"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>87673.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</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>
        <name>Chicago Midway International Airport</name>
        <lei>N/A</lei>
        <title>Chicago Midway International Airport, Senior Lien, Series 2023 C</title>
        <cusip>167562TK3</cusip>
        <identifiers>
          <isin value="US167562TK36"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2674805.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, Series 2024A</title>
        <cusip>65000BW46</cusip>
        <identifiers>
          <isin value="US65000BW467"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2544880.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-01</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, Fiscal Year 2019, Series 2019E</title>
        <cusip>64966MR43</cusip>
        <identifiers>
          <isin value="US64966MR434"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>108054.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, State Personal Income Tax, Series 2021 E</title>
        <cusip>64990KEB5</cusip>
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          <isin value="US64990KEB52"/>
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        <balance>2995000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3048959.72000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Metropolitan St. Louis Sewer District</name>
        <lei>N/A</lei>
        <title>Metropolitan St. Louis Sewer District, Wastewater System Improvement, Series 2017A</title>
        <cusip>592481JU0</cusip>
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          <isin value="US592481JU09"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>47463.14000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Virginia Resources Authority</name>
        <lei>N/A</lei>
        <title>Virginia Resources Authority, Virginia Pooled Financing Program, Series 2024 A</title>
        <cusip>92818PWD1</cusip>
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          <isin value="US92818PWD13"/>
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        <balance>2100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2408363.79000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York Transportation Development Corp.</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp., Delta Air Lines, Inc., LaGuardia Airport Terminals C&amp;D Redevelopment Project, Series 2018</title>
        <cusip>650116CJ3</cusip>
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          <isin value="US650116CJ34"/>
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        <balance>5065000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5251098.23000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
        <lei>549300ROY505NVTMMI25</lei>
        <title>Tarrant County Cultural Education Facilities Finance Corp., Christus Health, Series 2024B</title>
        <cusip>87638THN6</cusip>
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          <isin value="US87638THN63"/>
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        <balance>2485000.00000000</balance>
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        <valUSD>2697430.23000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Burlington County Bridge Commission</name>
        <lei>N/A</lei>
        <title>Burlington County Bridge Commission, Government Leasing Program, Series 2024 D</title>
        <cusip>121651PZ0</cusip>
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          <isin value="US121651PZ08"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5051296.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2025-12-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>Northern Tobacco Securitization Corp.</name>
        <lei>N/A</lei>
        <title>Northern Tobacco Securitization Corp., Tobacco Settlement Asset-Backed Senior Capital Appreciation, Series 2021 B-2, Class 2</title>
        <cusip>66585VCB9</cusip>
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          <isin value="US66585VCB99"/>
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        <balance>7500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1006026.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
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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 Health System, OU Medicine Project, Series 2018 B</title>
        <cusip>67884XCH8</cusip>
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          <isin value="US67884XCH89"/>
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        <balance>5550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5674843.92000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>San Diego County Regional Airport Authority</name>
        <lei>N/A</lei>
        <title>San Diego County Regional Airport Authority, Series 2023B</title>
        <cusip>79739GRK4</cusip>
        <identifiers>
          <isin value="US79739GRK49"/>
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        <balance>5460000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5805550.84000000</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>2048-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Tobacco Settlement Financing Corp.</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp., Series 2018 A</title>
        <cusip>888808HJ4</cusip>
        <identifiers>
          <isin value="US888808HJ46"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1047192.70000000</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>2033-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Baseline Metropolitan District No. 1</name>
        <lei>N/A</lei>
        <title>Baseline Metropolitan District No. 1, Series 2024A</title>
        <cusip>069826AL9</cusip>
        <identifiers>
          <isin value="US069826AL93"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1102207.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Jarrell Independent School District</name>
        <lei>N/A</lei>
        <title>Jarrell Independent School District, Unlimited Tax, Series 2024</title>
        <cusip>471146XR6</cusip>
        <identifiers>
          <isin value="US471146XR67"/>
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        <balance>1260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1419246.99000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tri-County Metropolitan Transportation District of Oregon</name>
        <lei>N/A</lei>
        <title>Tri-County Metropolitan Transportation District of Oregon, Senior Lien Payroll Tax, Series 2018A</title>
        <cusip>89546RQH0</cusip>
        <identifiers>
          <isin value="US89546RQH02"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>47742.41000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Irion County Independent School District</name>
        <lei>N/A</lei>
        <title>Irion County Independent School District, Series 2024</title>
        <cusip>462695FL6</cusip>
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          <isin value="US462695FL69"/>
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        <balance>1185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1305863.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indianapolis Local Public Improvement Bond Bank</name>
        <lei>549300LX8ESJHDSESB87</lei>
        <title>Indianapolis Local Public Improvement Bond Bank, Series 2024E</title>
        <cusip>45528VDX4</cusip>
        <identifiers>
          <isin value="US45528VDX47"/>
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        <balance>1800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1804739.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California Pollution Control Financing Authority</name>
        <lei>N/A</lei>
        <title>California Pollution Control Financing Authority, Poseidon Resources Channelside LP Desalination Project</title>
        <cusip>13054WBB2</cusip>
        <identifiers>
          <isin value="US13054WBB28"/>
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        <balance>770000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>840520.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Arizona Board of Regents</name>
        <lei>N/A</lei>
        <title>Arizona Board of Regents, State University, Series 2024</title>
        <cusip>04048RXB7</cusip>
        <identifiers>
          <isin value="US04048RXB76"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1120536.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lansing Board of Water &amp; Light</name>
        <lei>N/A</lei>
        <title>Lansing Board of Water and Light, Series 2024 A</title>
        <cusip>516391FL8</cusip>
        <identifiers>
          <isin value="US516391FL85"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3297980.10000000</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>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Omaha Public Power District</name>
        <lei>54930000VJEJ9CGIYG32</lei>
        <title>Omaha Public Power District, Electric System, Series 2016A</title>
        <cusip>682001EX6</cusip>
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          <isin value="US682001EX68"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>41012.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-01</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, Fiscal Year 2023, Series 2023F, Subseries F-1</title>
        <cusip>64971X7H5</cusip>
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          <isin value="US64971X7H51"/>
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        <balance>1250000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>City of Rogers MN</name>
        <lei>N/A</lei>
        <title>City of Rogers, Series 2024 B</title>
        <cusip>775252XW4</cusip>
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          <isin value="US775252XW49"/>
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        <balance>1135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1318971.70000000</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>2034-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Lawrenceville Housing Authority</name>
        <lei>N/A</lei>
        <title>Lawrenceville Housing Authority, Applewood Towers Project, Series 2024B</title>
        <cusip>520628AR9</cusip>
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          <isin value="US520628AR99"/>
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        <balance>1615000.00000000</balance>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>District of Columbia Income Tax Revenue</name>
        <lei>N/A</lei>
        <title>District of Columbia, Income Tax, Series 2019A</title>
        <cusip>25477GNZ4</cusip>
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          <isin value="US25477GNZ45"/>
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        <balance>100000.00000000</balance>
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        <valUSD>109541.36000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority, Series 2024A</title>
        <cusip>65000BX86</cusip>
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          <isin value="US65000BX861"/>
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        <balance>1825000.00000000</balance>
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        <valUSD>2057598.08000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Illinois State Toll Highway Authority</name>
        <lei>549300ISBFGI8MJJKM98</lei>
        <title>Illinois State Toll Highway Authority, Series 2019A</title>
        <cusip>452252NH8</cusip>
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          <isin value="US452252NH87"/>
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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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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Arizona Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority, Equitable School Revolving Fund LLC, Series 2024 A</title>
        <cusip>04052FEN1</cusip>
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          <isin value="US04052FEN15"/>
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        <balance>2600000.00000000</balance>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Ohio Higher Educational Facility Commission</name>
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        <name>Long Island Power Authority</name>
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        <name>Ohio Air Quality Development Authority</name>
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        <name>Pennsylvania Higher Educational Facilities Authority</name>
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        <name>Empire State Development Corp.</name>
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        <name>Prosper Independent School District</name>
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        <name>Iowa Great Lakes Sanitation District/IA</name>
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        <name>Metropolitan Nashville Airport Authority (The)</name>
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      <invstOrSec>
        <name>Casino Reinvestment Development Authority, Inc.</name>
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      <invstOrSec>
        <name>County of Boone KY</name>
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      <invstOrSec>
        <name>New York Power Authority</name>
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          <maturityDt>2058-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Oklahoma Water Resources Board</name>
        <lei>5493007CUNXW5UX11C71</lei>
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        <identifiers>
          <isin value="US67920Q4N54"/>
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        <balance>1200000.00000000</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>2037-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Town of Fuquay-Varina NC Combined Utilities Revenue</name>
        <lei>N/A</lei>
        <title>Town of Fuquay-Varina Combined Utilities, Series 2024B</title>
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        <identifiers>
          <isin value="US36106QCJ67"/>
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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>2041-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Casino Reinvestment Development Authority, Inc.</name>
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        <title>Casino Reinvestment Development Authority, Inc., Luxury Tax, Series 2024A</title>
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          <isin value="US14760RAY71"/>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Oklahoma Water Resources Board</name>
        <lei>5493007CUNXW5UX11C71</lei>
        <title>Oklahoma Water Resources Board, State Loan Program, Series 2024B</title>
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          <isin value="US67920Q4Q85"/>
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        <balance>1000000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Irion County Independent School District</name>
        <lei>N/A</lei>
        <title>Irion County Independent School District, Series 2024</title>
        <cusip>462695FJ1</cusip>
        <identifiers>
          <isin value="US462695FJ14"/>
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        <balance>1075000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>River Islands Public Financing Authority</name>
        <lei>N/A</lei>
        <title>River Islands Public Financing Authority, Facilities District No. 2003, Series 2022A-1</title>
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        <identifiers>
          <isin value="US76827QGE70"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Irving TX Waterworks &amp; Sewer System Revenue</name>
        <lei>N/A</lei>
        <title>City of Irving Waterworks and Sewer System, Series 2024</title>
        <cusip>463831WF0</cusip>
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          <isin value="US463831WF02"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2037-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Trinity River Authority</name>
        <lei>N/A</lei>
        <title>Trinity River Authority of Texas, Livingston Regional Water Supply System Project, Series 2023</title>
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          <isin value="US896560XT11"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Village of Wilmette IL</name>
        <lei>N/A</lei>
        <title>Village of Wilmette, Series 2020B</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Arlington Higher Education Finance Corp.</name>
        <lei>N/A</lei>
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          <isin value="US041807LA46"/>
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      <invstOrSec>
        <name>City of Austin TX Electric Utility Revenue</name>
        <lei>N/A</lei>
        <title>City of Garland Electric Utility System</title>
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          <isin value="US052414WC92"/>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Cook IL Sales Tax Revenue</name>
        <lei>N/A</lei>
        <title>County of Cook, Sales Tax</title>
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          <isin value="US213248BX43"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Salt Lake City UT Sales and Excise Tax Revenue</name>
        <lei>N/A</lei>
        <title>City of Salt Lake City, Sales and Excise Tax, Series 2022A</title>
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          <isin value="US79560TFD90"/>
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        <balance>155000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Philadelphia Energy Authority (The)</name>
        <lei>N/A</lei>
        <title>Philadelphia Energy Authority (The), Philadelphia Street Lighting Project, Series 2023A</title>
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          <isin value="US71780UAP57"/>
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        <balance>1265000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-11-01</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>
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        <name>Perry Township Multi School Building Corp.</name>
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        <name>IPS Multi-School Building Corp.</name>
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        <name>Orange County Health Facilities Authority</name>
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        <name>Washington Metropolitan Area Transit Authority Dedicated Revenue</name>
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        <name>Great Lakes Water Authority Sewage Disposal System Revenue</name>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>San Miguel County School District R-1 Telluride</name>
        <lei>N/A</lei>
        <title>San Miguel County School District R-1 Telluride, Series 2024</title>
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          <isin value="US799098GG71"/>
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        <curCd>USD</curCd>
        <valUSD>1124977.70000000</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>2042-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Parish of St. John the Baptist LA</name>
        <lei>N/A</lei>
        <title>Parish of St. John the Baptist, Marathon Oil Corp., Project, Series 2017A-1</title>
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        <identifiers>
          <isin value="US79020FAW68"/>
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        <balance>7500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7566003.75000000</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>2026-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Public Power Generation Agency</name>
        <lei>N/A</lei>
        <title>Public Power Generation Agency, Whelan Energy Center Unit 2, Series 2024A</title>
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          <isin value="US744434FA44"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1892688.70000000</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>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority, Lake Forest College, Series 2022A</title>
        <cusip>45204FQY4</cusip>
        <identifiers>
          <isin value="US45204FQY42"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>249161.19000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
        <title>Chicago O'Hare International Airport, General Airport, Senior Lien, Series 2024 B</title>
        <cusip>1675935D0</cusip>
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          <isin value="US1675935D01"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1082090.70000000</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>2048-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Mississippi</name>
        <lei>549300JRWW5RFQUB7P94</lei>
        <title>State of Mississippi, Series 2016B</title>
        <cusip>605581HN0</cusip>
        <identifiers>
          <isin value="US605581HN09"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20419.74000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>Harris County-Houston Sports Authority</name>
        <lei>N/A</lei>
        <title>Harris County-Houston Sports Authority, Senior Lien, Series 2024 A</title>
        <cusip>413890GP3</cusip>
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          <isin value="US413890GP37"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3631572.70000000</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>2026-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Metropolitan Government of Nashville &amp; Davidson County TN Electric Revenue</name>
        <lei>N/A</lei>
        <title>Metropolitan Government of Nashville and Davidson County, Series 2024 A</title>
        <cusip>592030R28</cusip>
        <identifiers>
          <isin value="US592030R283"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1151723.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Idaho Housing &amp; Finance Association</name>
        <lei>5493002WM3NYB1LQB744</lei>
        <title>Idaho Housing and Finance Association, Transportation Expansion and Congestion Mitigation Fund, Series 2022A</title>
        <cusip>45130AAN5</cusip>
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          <isin value="US45130AAN54"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>571446.05000000</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>2035-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Colorado Health Facilities Authority</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority, Adventist Health System, Series 2024 A-1</title>
        <cusip>19648FYN8</cusip>
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          <isin value="US19648FYN85"/>
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        <balance>1650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1793910.69000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mabank Independent School District</name>
        <lei>N/A</lei>
        <title>Mabank Independent School District, Unlimited Tax, Series 2024</title>
        <cusip>554086NW4</cusip>
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          <isin value="US554086NW42"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>621301.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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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, Trinity Health Credit Group, Series 2022B</title>
        <cusip>59447T2Y8</cusip>
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          <isin value="US59447T2Y85"/>
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        <balance>1000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>San Jose Evergreen Community College District</name>
        <lei>5493006H31JIFYW6Z091</lei>
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        <cusip>798189TF3</cusip>
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          <isin value="US798189TF38"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Jefferson County Port Authority</name>
        <lei>N/A</lei>
        <title>Jefferson County Port Authority, JSW Steel USA Ohio, Inc., Project, Series 2023</title>
        <cusip>473318AB9</cusip>
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        <invCountry>US</invCountry>
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          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Buckeye Tobacco Settlement Financing Authority</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Fort Bend TX Toll Road Revenue</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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    <explntrNotes>








    </explntrNotes>
    <signature>
      <ncom:dateSigned>2024-12-30</ncom:dateSigned>
      <ncom:nameOfApplicant>J.P. Morgan Exchange-Traded Fund Trust</ncom:nameOfApplicant>
      <ncom:signature>Timothy J. Clemens</ncom:signature>
      <ncom:signerName>Timothy J. Clemens</ncom:signerName>
      <ncom:title>Treasurer and Principal Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
