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      <invstOrSec>
        <name>Alabama Highway Authority</name>
        <lei>N/A</lei>
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      <invstOrSec>
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      <invstOrSec>
        <name>Alaska Housing Finance Corp.</name>
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          <isin value="US01170RUB67"/>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Alaska Housing Finance Corp.</name>
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          <isin value="US011839N867"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Alaska Industrial Development &amp; Export Authority</name>
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        <title>Alaska Industrial Development and Export Authority, Tanana Chiefs Conference Project, Series 2019A</title>
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          <isin value="US011903GC96"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Alaska Industrial Development &amp; Export Authority</name>
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          <isin value="US011903GD79"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Alaska Industrial Development &amp; Export Authority</name>
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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>Albany Capital Resource Corp.</name>
        <lei>N/A</lei>
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          <isin value="US012432ET30"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>City of Albuquerque NM Gross Receipts Tax Revenue</name>
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          <isin value="US01354PFC32"/>
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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>Albuquerque Municipal School District No. 12</name>
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          <isin value="US013595ZH97"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Albuquerque Municipal School District No. 12</name>
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          <isin value="US013595ZJ53"/>
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        <name>City of Aliso Viejo CA</name>
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          <couponKind>Fixed</couponKind>
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        <name>Allegheny County Hospital Development Authority</name>
        <lei>54930046B973R604OG22</lei>
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          <isin value="US01728A3Q78"/>
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        <name>Allegheny County Hospital Development Authority</name>
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          <isin value="US01728A3R51"/>
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        <name>Allegheny County Hospital Development Authority</name>
        <lei>54930046B973R604OG22</lei>
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        <name>Allegheny County Hospital Development Authority</name>
        <lei>54930046B973R604OG22</lei>
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        <name>Allegheny County Airport Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <lei>N/A</lei>
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      <invstOrSec>
        <name>Allegheny County Higher Education Building Authority</name>
        <lei>N/A</lei>
        <title>Allegheny County Higher Education Building Authority, Carnegie Mellon University, Series 2008A</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Allegheny County Higher Education Building Authority</name>
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          <maturityDt>2042-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Allegheny County Higher Education Building Authority</name>
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          <isin value="US01728RPZ63"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Allegheny County Sanitary Authority</name>
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          <isin value="US017357P406"/>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Allegheny County Sanitary Authority</name>
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          <isin value="US017357P810"/>
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      <invstOrSec>
        <name>Allegheny County Sanitary Authority</name>
        <lei>N/A</lei>
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          <isin value="US017357T952"/>
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        <name>Allegheny County Sanitary Authority</name>
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        <title>Allegheny County Sanitary Authority</title>
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          <isin value="US017357U281"/>
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          <couponKind>Fixed</couponKind>
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        <name>County of Allen OH Hospital Facilities Revenue</name>
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          <isin value="US01757LHG41"/>
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          <couponKind>Fixed</couponKind>
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        <name>Alvin Independent School District/TX</name>
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          <isin value="US0224473N47"/>
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        <name>Alvord Unified School District</name>
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        <name>American Municipal Power, Inc.</name>
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        <name>American Municipal Power, Inc.</name>
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        <name>American Municipal Power, Inc.</name>
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        <name>Municipality of Anchorage AK</name>
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        <name>City of Ann Arbor MI Water Supply System Revenue</name>
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      <invstOrSec>
        <name>City of Ann Arbor MI Water Supply System Revenue</name>
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        <name>Arlington Higher Education Finance Corp.</name>
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        <name>Berkley School District</name>
        <lei>N/A</lei>
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          <isin value="US084482DU93"/>
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        <name>Berrien Springs Public Schools</name>
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        <name>County of Bexar TX</name>
        <lei>N/A</lei>
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        <name>Black Belt Energy Gas District</name>
        <lei>549300I8V0Z68JQCB679</lei>
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        <name>Black Belt Energy Gas District</name>
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        <name>Black Belt Energy Gas District</name>
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        <name>Black Belt Energy Gas District</name>
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      </invstOrSec>
      <invstOrSec>
        <name>Village of Bolingbrook IL</name>
        <lei>N/A</lei>
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          <isin value="US097552TM50"/>
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        <balance>125000.00000000</balance>
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        <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>Village of Bolingbrook IL</name>
        <lei>N/A</lei>
        <title>Village of Bolingbrook, Will and Dupage Counties, Special Service Areas Numbers 2001-1, 2001-2, 2001-3, and 2002-1</title>
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          <isin value="US09755VBC28"/>
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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>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Boone KY</name>
        <lei>N/A</lei>
        <title>County of Boone, Duke Energy Kentucky, Inc., Series 2008A</title>
        <cusip>098792AQ7</cusip>
        <identifiers>
          <isin value="US098792AQ71"/>
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        <balance>5720000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5781967.62000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.70000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Brookhaven Development Authority</name>
        <lei>N/A</lei>
        <title>Brookhaven Development Authority, Children's Healthcare of Atlan, Series 2019A</title>
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        <identifiers>
          <isin value="US113073AY60"/>
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        <balance>11090000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10397096.80000000</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>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Town of Brookline MA</name>
        <lei>N/A</lei>
        <title>Town of Brookline, Purpose Loan</title>
        <cusip>113746EK3</cusip>
        <identifiers>
          <isin value="US113746EK36"/>
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        <balance>2855000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2911461.34000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Town of Brookline MA</name>
        <lei>N/A</lei>
        <title>Town of Brookline, Purpose Loan</title>
        <cusip>113746EL1</cusip>
        <identifiers>
          <isin value="US113746EL19"/>
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        <balance>5050000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5086675.12000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>City &amp; County of Broomfield CO</name>
        <lei>N/A</lei>
        <title>City and County of Broomfield</title>
        <cusip>114749EZ3</cusip>
        <identifiers>
          <isin value="US114749EZ34"/>
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        <balance>710000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>811354.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>City &amp; County of Broomfield CO</name>
        <lei>N/A</lei>
        <title>City and County of Broomfield</title>
        <cusip>114749FB5</cusip>
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          <isin value="US114749FB56"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1117979.40000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>City &amp; County of Broomfield CO</name>
        <lei>N/A</lei>
        <title>City and County of Broomfield</title>
        <cusip>114749FE9</cusip>
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          <isin value="US114749FE95"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1613107.05000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City &amp; County of Broomfield CO Sewer Revenue</name>
        <lei>N/A</lei>
        <title>City and County of Broomfield Water Activity Enterprise</title>
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          <isin value="US11475AAR14"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1447319.75000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City &amp; County of Broomfield CO Sewer Revenue</name>
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        <title>City and County of Broomfield Water Activity Enterprise</title>
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          <isin value="US11475AAT79"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City &amp; County of Broomfield CO Sewer Revenue</name>
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          <isin value="US11475AAU43"/>
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        <balance>500000.00000000</balance>
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        <valUSD>558596.10000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City &amp; County of Broomfield CO Water Revenue</name>
        <lei>N/A</lei>
        <title>City and County of Broomfield Water Activity Enterprise</title>
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          <isin value="US11477KDT07"/>
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        <balance>500000.00000000</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>2041-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City &amp; County of Broomfield CO Water Revenue</name>
        <lei>N/A</lei>
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          <isin value="US11477KDU79"/>
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        <balance>800000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City &amp; County of Broomfield CO Water Revenue</name>
        <lei>N/A</lei>
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          <isin value="US11477KDW36"/>
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        <balance>750000.00000000</balance>
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          <maturityDt>2044-12-01</maturityDt>
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      <invstOrSec>
        <name>Brushy Creek Regional Utility Authority, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US117467DQ05"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Bryan TX Waterworks &amp; Sewer Revenue</name>
        <lei>N/A</lei>
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        <cusip>117622PG9</cusip>
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          <isin value="US117622PG96"/>
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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>
        <debtSec>
          <maturityDt>2045-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Buckeye AZ</name>
        <lei>N/A</lei>
        <title>City of Buckeye</title>
        <cusip>118084CR1</cusip>
        <identifiers>
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        <name>California Health Facilities Financing Authority</name>
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        <name>California Municipal Finance Authority</name>
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        <name>Canisteo-Greenwood Central School District</name>
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        <name>Capital Area Housing Finance Corp.</name>
        <lei>549300XICE1XLI0VXV87</lei>
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        <name>Casino Reinvestment Development Authority, Inc.</name>
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        <name>Cedar Hill Independent School District</name>
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        <name>Cedar Rapids Community School District Infrastructure Sales Services &amp; Use Tax</name>
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        <name>Central Florida Expressway Authority</name>
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        <name>Central Plains Energy Project</name>
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      <invstOrSec>
        <name>Central Plains Energy Project</name>
        <lei>SVQOT7V5CPLIGNP5BE29</lei>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Central Plains Energy Project</name>
        <lei>SVQOT7V5CPLIGNP5BE29</lei>
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        <cusip>154872AY1</cusip>
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          <isin value="US154872AY18"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Central Puget Sound Regional Transit Authority</name>
        <lei>N/A</lei>
        <title>Central Puget Sound Regional Transit Authority, Sales and Use Tax, Series 2021S-1</title>
        <cusip>155048ED9</cusip>
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          <isin value="US155048ED98"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Central Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>Central Texas Regional Mobility Authority, Senior Lien, Series 2021B</title>
        <cusip>155498LV8</cusip>
        <identifiers>
          <isin value="US155498LV84"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1009296.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Central Valley Energy Authority</name>
        <lei>254900G5IPQ9MA3FRJ55</lei>
        <title>Central Valley Energy Authority, Commodity Supply</title>
        <cusip>15569DAG7</cusip>
        <identifiers>
          <isin value="US15569DAG79"/>
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        <balance>3800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4177820.32000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Charleston County Airport District</name>
        <lei>N/A</lei>
        <title>Charleston County Airport District</title>
        <cusip>160070DX3</cusip>
        <identifiers>
          <isin value="US160070DX39"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>269205.35000000</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>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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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>
        <cusip>160131EP9</cusip>
        <identifiers>
          <isin value="US160131EP92"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1021218.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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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>
        <cusip>160131EQ7</cusip>
        <identifiers>
          <isin value="US160131EQ75"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1049388.20000000</valUSD>
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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>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>
        <cusip>160131ER5</cusip>
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          <isin value="US160131ER58"/>
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        <balance>1325000.00000000</balance>
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        <valUSD>1425121.24000000</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>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Charlotte NC</name>
        <lei>5493001QNY6JJFWHQ568</lei>
        <title>City of Charlotte, North Carolina Government Facilities, Series 2023B</title>
        <cusip>1610374R4</cusip>
        <identifiers>
          <isin value="US1610374R42"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>402733.44000000</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>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Charlotte NC</name>
        <lei>5493001QNY6JJFWHQ568</lei>
        <title>City of Charlotte, North Carolina Government Facilities, Series 2023B</title>
        <cusip>1610374S2</cusip>
        <identifiers>
          <isin value="US1610374S25"/>
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        <balance>460000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>475995.72000000</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>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Chattanooga Health Educational &amp; Housing Facility Board</name>
        <lei>N/A</lei>
        <title>Chattanooga Health Educational and Housing Facility Board, CommonSpirit Health, Series 2019A-1</title>
        <cusip>162410EJ9</cusip>
        <identifiers>
          <isin value="US162410EJ98"/>
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        <balance>1200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1221185.04000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>2338862.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Chelan County Public Utility District No. 1</name>
        <lei>5493004E8FN9GU2SU067</lei>
        <title>Chelan County Public Utility District No. 1, Series 2020A</title>
        <cusip>163103VH4</cusip>
        <identifiers>
          <isin value="US163103VH40"/>
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        <balance>1670000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1724189.83000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Chicago IL</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
        <title>City of Chicago, Series 2019A</title>
        <cusip>167486E39</cusip>
        <identifiers>
          <isin value="US167486E397"/>
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        <balance>1520000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1527256.18000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>City of Chicago IL</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
        <title>City of Chicago, Series 2025A</title>
        <cusip>167486U72</cusip>
        <identifiers>
          <isin value="US167486U724"/>
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        <balance>2110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2220154.87000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</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>City of Chicago IL</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
        <title>City of Chicago, Series 2025B</title>
        <cusip>167486V71</cusip>
        <identifiers>
          <isin value="US167486V714"/>
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        <balance>6500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7119486.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Chicago Midway International Airport</name>
        <lei>N/A</lei>
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          <isin value="US167562RU36"/>
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        <curCd>USD</curCd>
        <valUSD>3265773.30000000</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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      <invstOrSec>
        <name>Chicago Midway International Airport</name>
        <lei>N/A</lei>
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          <isin value="US167562SG33"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-01-01</maturityDt>
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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>
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          <isin value="US167562SH16"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Chicago Midway International Airport</name>
        <lei>N/A</lei>
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          <isin value="US167562TF41"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3986300.85000000</valUSD>
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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>Chicago Midway International Airport</name>
        <lei>N/A</lei>
        <title>Chicago Midway International Airport, Senior Lien, Series 2023C</title>
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          <isin value="US167562TH07"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2787573.00000000</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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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <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 2026A</title>
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          <isin value="US167591CE46"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4334475.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-01-01</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>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
        <title>Chicago O'Hare International Airport, General Airport, Senior Lien, Series 2026A</title>
        <cusip>167591CG9</cusip>
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          <isin value="US167591CG93"/>
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        <curCd>USD</curCd>
        <valUSD>3909569.02000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-01-01</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, General Airport, Senior Lien, Series 2026A</title>
        <cusip>167591CH7</cusip>
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          <isin value="US167591CH76"/>
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        <balance>7500000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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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>
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          <isin value="US1675933Y65"/>
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        <balance>1265000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1424703.47000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <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>
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          <isin value="US1675933Z31"/>
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        <balance>825000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>922455.85000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Chicago O'Hare International Airport</name>
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        <title>Chicago O'Hare International Airport, General Airport, Senior Lien, Series 2020A</title>
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          <isin value="US167593N813"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-01-01</maturityDt>
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      <invstOrSec>
        <name>Chicago Transit Authority Sales Tax Receipts Fund</name>
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        <title>Chicago Transit Authority Sales Tax Receipts Fund, Series 2024A</title>
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          <isin value="US16772PEP71"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-12-01</maturityDt>
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      <invstOrSec>
        <name>City of Chicago IL Waterworks Revenue</name>
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          <isin value="US167736SJ72"/>
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        <name>City of Chicago IL Waterworks Revenue</name>
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        <name>City of Chicago IL Waterworks Revenue</name>
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        <name>Chico Unified School District</name>
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        <name>Children's Trust Fund</name>
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        <title>Children's Trust Fund, Tobacco Settlement Asset-Backed, Series 2005A</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>PR</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-15</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>County of Clark NV</name>
        <lei>549300LDD8NZB2EOVG83</lei>
        <title>County of Clark, Limited Tax, Series 2018B</title>
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        <balance>120000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
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        <name>Clifton Higher Education Finance Corp.</name>
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        <name>Clifton Higher Education Finance Corp.</name>
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        <name>County of Coffee TN</name>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Colton Joint Unified School District</name>
        <lei>N/A</lei>
        <title>Colton Joint Unified School District, Election of 2024, Series A</title>
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          <isin value="US197036RT59"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Columbia County Hospital Authority/GA</name>
        <lei>N/A</lei>
        <title>Columbia County Hospital Authority, Wellstart Health System Inc., Project, Series 2023B</title>
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          <isin value="US197479AX64"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Columbus-Franklin County Finance Authority</name>
        <lei>549300NX3ODQN2ETOO82</lei>
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          <isin value="US19910XAQ97"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-06-01</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Columbus Regional Airport Authority</name>
        <lei>N/A</lei>
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          <isin value="US199546CU45"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Commonwealth Financing Authority</name>
        <lei>N/A</lei>
        <title>Commonwealth Financing Authority, Tobacco Master Settlement Payment</title>
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          <isin value="US20282EAG17"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Commonwealth Financing Authority</name>
        <lei>N/A</lei>
        <title>Commonwealth Financing Authority, Tobacco Master Settlement Payment</title>
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          <isin value="US20282EAJ55"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Commonwealth Financing Authority</name>
        <lei>N/A</lei>
        <title>Commonwealth Financing Authority, Tobacco Master Settlement Payment</title>
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          <isin value="US20282EAK29"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Commonwealth Financing Authority</name>
        <lei>N/A</lei>
        <title>Commonwealth Financing Authority, Tobacco Master Settlement Payment</title>
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          <isin value="US20282EAR71"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Maryland Community Development Administration</name>
        <lei>N/A</lei>
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          <isin value="US20364NCK19"/>
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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>State of Connecticut</name>
        <lei>N/A</lei>
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          <couponKind>Fixed</couponKind>
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        <name>State of Connecticut</name>
        <lei>N/A</lei>
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        <name>State of Connecticut</name>
        <lei>N/A</lei>
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        <name>State of Connecticut Special Tax Revenue</name>
        <lei>N/A</lei>
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          <isin value="US2077582C63"/>
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        <name>State of Connecticut Special Tax Revenue</name>
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        <name>State of Connecticut Special Tax Revenue</name>
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        <name>State of Connecticut Special Tax Revenue</name>
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      <invstOrSec>
        <name>State of Connecticut Special Tax Revenue</name>
        <lei>N/A</lei>
        <title>State of Connecticut Special Tax, Transportation Infrastructure Purpose, Series 2024B</title>
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          <isin value="US207758T373"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <name>Dallas Independent School District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Delaware State Economic Development Authority</name>
        <lei>N/A</lei>
        <title>Delaware State Economic Development Authority, St. Andrews School Project</title>
        <cusip>246387ST2</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Delaware State Economic Development Authority</name>
        <lei>N/A</lei>
        <title>Delaware State Economic Development Authority, Delmarva Power and Light Co. Project, Series 2020A</title>
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          <isin value="US246387SX37"/>
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          <maturityDt>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Delaware Valley Regional Finance Authority</name>
        <lei>549300HGYP3NW885TT18</lei>
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          <isin value="US246579JK31"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-06-01</maturityDt>
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        <name>Delaware Valley Regional Finance Authority</name>
        <lei>549300HGYP3NW885TT18</lei>
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          <isin value="US246579LR55"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Denison Independent School District</name>
        <lei>N/A</lei>
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          <isin value="US248415ZF16"/>
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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>2045-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>Denver City &amp; County School District No. 1</name>
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          <isin value="US249174YV99"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>City &amp; County of Denver CO Airport System Revenue</name>
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          <isin value="US249182LB07"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-01</maturityDt>
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        <name>City &amp; County of Denver CO Airport System Revenue</name>
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          <isin value="US249182LG93"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>City &amp; County of Denver CO Airport System Revenue</name>
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          <isin value="US249182LN45"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>City &amp; County of Denver CO Airport System Revenue</name>
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          <isin value="US249182QH22"/>
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        <name>City &amp; County of Denver CO Airport System Revenue</name>
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          <isin value="US249182QN99"/>
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        <name>City &amp; County of Denver CO Airport System Revenue</name>
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          <isin value="US249182QP48"/>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Denver Health &amp; Hospital Authority</name>
        <lei>549300WFV5S7GIR4OS67</lei>
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          <isin value="US24918EEN67"/>
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          <maturityDt>2050-12-01</maturityDt>
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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>
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          <isin value="US250111DN80"/>
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        <name>Desert Community College District</name>
        <lei>N/A</lei>
        <title>Desert Community College District, Election of 2016</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-08-01</maturityDt>
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        <name>Desert Sands Unified School District</name>
        <lei>N/A</lei>
        <title>Desert Sands Unified School District, Election of 2024</title>
        <cusip>250433WR6</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-08-01</maturityDt>
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        <name>Energy Northwest</name>
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        <name>Energy Northwest</name>
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        <name>Energy Northwest</name>
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        <name>Energy Southeast A Cooperative District</name>
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        <name>School District of the City of Erie (The)</name>
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        <name>Erie City Water Authority</name>
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        <name>Fairfax County Industrial Development Authority</name>
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        <name>City of Farmington NM</name>
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      <invstOrSec>
        <name>Florida Atlantic University Finance Corp.</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Florida Atlantic University Finance Corp.</name>
        <lei>N/A</lei>
        <title>Florida Atlantic University Finance Corp., Student Housing Project, Series 2024</title>
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          <isin value="US31200CEX02"/>
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        <curCd>USD</curCd>
        <valUSD>2090267.60000000</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>2049-07-01</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>
      <invstOrSec>
        <name>Fayette County Development Authority</name>
        <lei>N/A</lei>
        <title>Fayette County Development Authority, United States Soccer Federation, Inc., Project</title>
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          <isin value="US31222PAX96"/>
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        <curCd>USD</curCd>
        <valUSD>2707871.23000000</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>2054-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Fayetteville State University</name>
        <lei>N/A</lei>
        <title>Fayetteville State University, Student Housing Project, Series 2021</title>
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          <isin value="US312810EV24"/>
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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>2037-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>FHLMC Multifamily VRD Certificates</name>
        <lei>N/A</lei>
        <title>FHLMC Multifamily VRD Certificates</title>
        <cusip>31350ADY1</cusip>
        <identifiers>
          <isin value="US31350ADY10"/>
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        <balance>2695149.98000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2845551.75000000</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>2042-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.60400000</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>FHLMC Multifamily VRD Certificates</name>
        <lei>N/A</lei>
        <title>FHLMC Multifamily VRD Certificates, Series ML-3</title>
        <cusip>31350AEA2</cusip>
        <identifiers>
          <isin value="US31350AEA25"/>
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        <balance>12500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13346001.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fircrest Properties</name>
        <lei>N/A</lei>
        <title>Fircrest Properties, State of Washington Dshs Project</title>
        <cusip>318094AT6</cusip>
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          <isin value="US318094AT67"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5421472.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Fishers Redevelopment Authority</name>
        <lei>N/A</lei>
        <title>Fishers Redevelopment Authority, Lease Rental, Geist Park Improvement Project, Series 2024B</title>
        <cusip>33803TTU0</cusip>
        <identifiers>
          <isin value="US33803TTU06"/>
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        <balance>865000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>985596.48000000</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>2037-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp., Brightline Florida Passenger Rail Project</title>
        <cusip>340618DT1</cusip>
        <identifiers>
          <isin value="US340618DT16"/>
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        <balance>6250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4656250.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp., Brightline Florida Passenger Rail Project</title>
        <cusip>340618DU8</cusip>
        <identifiers>
          <isin value="US340618DU88"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1117500.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp., Series 2026B</title>
        <cusip>34061QDW4</cusip>
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          <isin value="US34061QDW42"/>
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        <balance>2000000.00000000</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>2056-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp., GFL Solid Waste Southeast LLC Project, Series 2024A</title>
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          <isin value="US34061XAG79"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-10-01</maturityDt>
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      <invstOrSec>
        <name>Florida Housing Finance Corp.</name>
        <lei>549300W0PCIJCI0JCF10</lei>
        <title>Florida Housing Finance Corp., Homeowner Mortgage, Series 2024-5</title>
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          <isin value="US34074M7G06"/>
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          <maturityDt>2055-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Florida Housing Finance Corp.</name>
        <lei>549300W0PCIJCI0JCF10</lei>
        <title>Florida Housing Finance Corp., Homeowner Mortgage, Series 2022 1</title>
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          <isin value="US34074MZA25"/>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>Florida Housing Finance Corp.</name>
        <lei>549300W0PCIJCI0JCF10</lei>
        <title>Florida Housing Finance Corp., Homeowner Mortgage, Series 2025 5</title>
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          <isin value="US34074NFU81"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2056-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Florida Local Government Finance Commission</name>
        <lei>N/A</lei>
        <title>Florida Local Government Finance Commission, Bridgeprep Academy Project, Series 2025A</title>
        <cusip>34077EAD8</cusip>
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          <isin value="US34077EAD85"/>
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      <invstOrSec>
        <name>Florida Local Government Finance Commission</name>
        <lei>N/A</lei>
        <title>Florida Local Government Finance Commission, Fleet Landing at Nocatee Project, Series 2025A</title>
        <cusip>34077UAG5</cusip>
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          <isin value="US34077UAG58"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Florida Lottery Revenue</name>
        <lei>N/A</lei>
        <title>State of Florida, State Board of Education, Lottery, Series 2016A</title>
        <cusip>341507P62</cusip>
        <identifiers>
          <isin value="US341507P627"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>75705.14000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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      <invstOrSec>
        <name>George L Smith II Congress Center Authority</name>
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      <invstOrSec>
        <name>City of Georgetown TX</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Georgetown Independent School District</name>
        <lei>N/A</lei>
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          <isin value="US373046G881"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>City of Georgetown TX Utility System Revenue</name>
        <lei>N/A</lei>
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          <isin value="US373064S475"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Georgia Higher Education Facilities Authority</name>
        <lei>N/A</lei>
        <title>Georgia Higher Education Facilities Authority, USG Real Estate Foundation II LLC Projects</title>
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          <isin value="US373511HW73"/>
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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>2032-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Georgia Higher Education Facilities Authority</name>
        <lei>N/A</lei>
        <title>Georgia Higher Education Facilities Authority, USG Real Estate Foundation II LLC Projects</title>
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          <isin value="US373511JB19"/>
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        <balance>1500000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Georgia Higher Education Facilities Authority</name>
        <lei>N/A</lei>
        <title>Georgia Higher Education Facilities Authority, USG Real Estate Foundation II LLC Projects</title>
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          <isin value="US373511JC91"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Georgia Higher Education Facilities Authority</name>
        <lei>N/A</lei>
        <title>Georgia Higher Education Facilities Authority, USG Real Estate Foundation II LLC Projects</title>
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          <isin value="US373511JD74"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Georgia Housing &amp; Finance Authority</name>
        <lei>549300I628IMF9PWV724</lei>
        <title>Georgia Housing and Finance Authority, Series 2025C</title>
        <cusip>37353PRL5</cusip>
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          <isin value="US37353PRL57"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5648164.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Georgia State Road &amp; Tollway Authority</name>
        <lei>N/A</lei>
        <title>Georgia State Road and Tollway Authority, Managed Lane System, Series 2021A</title>
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          <isin value="US37358MEU18"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Glen Rose Independent School District</name>
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          <isin value="US377856JZ31"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Glen Rose Independent School District</name>
        <lei>N/A</lei>
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          <isin value="US377856KA60"/>
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          <maturityDt>2036-08-15</maturityDt>
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        <name>City of Glendale AZ Water &amp; Sewer Revenue</name>
        <lei>N/A</lei>
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          <isin value="US378352RT77"/>
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        <balance>475000.00000000</balance>
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        <name>City of Glendale AZ Water &amp; Sewer Revenue</name>
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      <invstOrSec>
        <name>City of Glendale AZ Water &amp; Sewer Revenue</name>
        <lei>N/A</lei>
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          <isin value="US378352SP47"/>
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        <name>City of Glendale AZ Water &amp; Sewer Revenue</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-07-01</maturityDt>
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      <invstOrSec>
        <name>Golden State Tobacco Securitization Corp.</name>
        <lei>N/A</lei>
        <title>Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement, Series 2021B-2</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-06-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Golden State Tobacco Securitization Corp.</name>
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      <invstOrSec>
        <name>City of Goshen IN</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Gouverneur Central School District</name>
        <lei>N/A</lei>
        <title>Gouverneur Central School District</title>
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          <isin value="US383622DS37"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>Grand Parkway Transportation Corp.</name>
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          <isin value="US38611TBQ94"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-10-01</maturityDt>
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      <invstOrSec>
        <name>Grand Parkway Transportation Corp.</name>
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          <isin value="US38611TCB17"/>
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          <maturityDt>2045-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Grand Parkway Transportation Corp.</name>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Grand Prairie TX</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-02-15</maturityDt>
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      <invstOrSec>
        <name>City of Grand Rapids MI Sanitary Sewer System Revenue</name>
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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 Grand Rapids MI Sanitary Sewer System Revenue</name>
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          <isin value="US386289PB21"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Grand Traverse County Hospital Finance Authority</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Great Lakes Water Authority Sewage Disposal System Revenue</name>
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        <name>Greater Orlando Aviation Authority</name>
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        <name>Grossmont-Cuyamaca Community College District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-01</maturityDt>
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        <name>Guam Government Waterworks Authority</name>
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        <name>Territory of Guam</name>
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      <invstOrSec>
        <name>County of Hamilton OH</name>
        <lei>549300TO1E3N4E4YIO28</lei>
        <title>County of Hamilton, Life Enriching Communities Project</title>
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      <invstOrSec>
        <name>County of Hamilton OH</name>
        <lei>549300TO1E3N4E4YIO28</lei>
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      <invstOrSec>
        <name>County of Hamilton OH</name>
        <lei>549300TO1E3N4E4YIO28</lei>
        <title>County of Hamilton, Life Enriching Communities Project</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <name>County of Hamilton OH</name>
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      <invstOrSec>
        <name>County of Hamilton OH Sales Tax Revenue</name>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Township of Hampton PA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>County of Harnett NC</name>
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          <isin value="US41333TCL08"/>
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          <maturityDt>2031-04-01</maturityDt>
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      <invstOrSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Harris County-Houston Sports Authority</name>
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          <isin value="US413890GP37"/>
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          <maturityDt>2026-11-15</maturityDt>
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      <invstOrSec>
        <name>County of Harris TX</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
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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., Texas Childrens Hospital, Series 2015-3</title>
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          <isin value="US414009SA93"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-10-01</maturityDt>
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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 2024F</title>
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          <maturityDt>2054-07-01</maturityDt>
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        <name>County of Harris TX Toll Road Revenue</name>
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          <isin value="US41423PDS39"/>
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      <invstOrSec>
        <name>County of Harris TX Toll Road Revenue</name>
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          <isin value="US41423PFC68"/>
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          <maturityDt>2055-08-15</maturityDt>
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        <name>State of Hawaii</name>
        <lei>N/A</lei>
        <title>State of Hawaii, Series FK</title>
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          <maturityDt>2033-05-01</maturityDt>
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      <invstOrSec>
        <name>State of Hawaii Airports System Revenue</name>
        <lei>N/A</lei>
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        <cusip>419794L34</cusip>
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          <isin value="US419794L346"/>
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          <maturityDt>2043-07-01</maturityDt>
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        <name>State of Hawaii Department of Budget &amp; Finance</name>
        <lei>N/A</lei>
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          <isin value="US419800QS95"/>
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          <maturityDt>2060-07-01</maturityDt>
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      <invstOrSec>
        <name>County of Hays TX</name>
        <lei>N/A</lei>
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          <isin value="US4210202A52"/>
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          <maturityDt>2043-02-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Hays TX</name>
        <lei>N/A</lei>
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        <name>Illinois Finance Authority</name>
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          <isin value="US45884AK854"/>
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          <couponKind>Fixed</couponKind>
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        <fairValLevel>2</fairValLevel>
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        <name>Iowa Student Loan Liquidity Corp.</name>
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          <isin value="US462590NS50"/>
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        <name>IPS Multi-School Building Corp.</name>
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        <name>Irving Independent School District</name>
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        <name>JEA Electric System Revenue</name>
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        <name>Legacy Denton Public Facility Corp.</name>
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        <name>City of Lenoir City TN Electric System Revenue</name>
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        <name>Lewisville Independent School District</name>
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        <name>City of Los Angeles CA Wastewater System Revenue</name>
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        <name>Lockhart Independent School District/TX</name>
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          <isin value="US539770NA16"/>
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        <name>Long Island Power Authority</name>
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        <name>Long Island Power Authority</name>
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        <name>M-S-R Energy Authority</name>
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        <name>Mabank Independent School District</name>
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        <name>Adams County Housing Authority</name>
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        <name>Main Street Energy, Inc.</name>
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        <lei>549300NY5M0QVZ6X4U26</lei>
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        <name>Main Street Natural Gas, Inc.</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
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        <name>Main Street Natural Gas, Inc.</name>
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        <name>Main Street Natural Gas, Inc.</name>
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          <isin value="US56035DKH43"/>
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        <name>Finance Authority of Maine</name>
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          <isin value="US56042SDE72"/>
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          <isin value="US56042SDT42"/>
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        <name>Maine Municipal Bond Bank</name>
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        <name>Maine Turnpike Authority</name>
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        <name>City of Mankato MN</name>
        <lei>5493003B18DJ507ZEG20</lei>
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        <name>City of Mansfield TX</name>
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        <name>Mansfield Independent School District</name>
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        <name>Mansfield Independent School District</name>
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        <name>Massachusetts Bay Transportation Authority Sales Tax Revenue</name>
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        <name>Massachusetts Bay Transportation Authority Sales Tax Revenue</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>County of Miami-Dade FL</name>
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        <name>Montgomery Independent School District</name>
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        <name>Multnomah County School District No. 40</name>
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        <name>Multnomah County School District No. 40</name>
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      <invstOrSec>
        <name>New York Convention Center Development Corp.</name>
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      <invstOrSec>
        <name>New York Liberty Development Corp.</name>
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      <invstOrSec>
        <name>New York Liberty Development Corp.</name>
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        <name>New York Liberty Development Corp.</name>
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      <invstOrSec>
        <name>New York Liberty Development Corp.</name>
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        <name>New York Liberty Development Corp.</name>
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        <name>City of New York NY</name>
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        <name>City of New York NY</name>
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        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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      </invstOrSec>
      <invstOrSec>
        <name>New York City Health and Hospitals Corp.</name>
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      <invstOrSec>
        <name>New York City Health and Hospitals Corp.</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <isin value="US64971WEY21"/>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <isin value="US64971WT264"/>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <isin value="US64971WV237"/>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <isin value="US64971X7H51"/>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <title>New York City Transitional Finance Authority Future Tax Secured, Series 2018B-1</title>
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          <isin value="US64971XCW65"/>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <isin value="US64971XE611"/>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
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          <isin value="US64971XFU72"/>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <cusip>64971XL63</cusip>
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          <isin value="US64971XL632"/>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
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          <isin value="US64971XNG96"/>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
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          <isin value="US64971XSA71"/>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
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        <cusip>64971XT81</cusip>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
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          <maturityDt>2039-06-15</maturityDt>
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        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
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        <name>Empire State Development Corp.</name>
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        <name>New York Transportation Development Corp.</name>
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          <isin value="US65820BBC90"/>
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        <name>North Carolina Housing Finance Agency</name>
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        <title>North Carolina Housing Finance Agency, Homeownership-1998 Trust, Series 57-A</title>
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          <isin value="US65820BBF22"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-01-01</maturityDt>
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      <invstOrSec>
        <name>North Carolina Housing Finance Agency</name>
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        <title>North Carolina Housing Finance Agency, Homeownership-1998 Trust, Series 58-A</title>
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          <isin value="US65820BCH78"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>North Carolina Medical Care Commission</name>
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          <isin value="US65820YTT37"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-01-01</maturityDt>
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        <name>North Carolina Housing Finance Agency</name>
        <lei>EC4EE0PS5OP5O69B5C39</lei>
        <title>North Carolina Housing Finance Agency, Homeownership-1998 Trust, Series 59-A</title>
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        <fairValLevel>2</fairValLevel>
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        <name>State of North Carolina</name>
        <lei>N/A</lei>
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          <isin value="US658268EE36"/>
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          <maturityDt>2033-03-01</maturityDt>
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        <name>North Dakota Public Finance Authority</name>
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        <name>North Dakota Housing Finance Agency</name>
        <lei>549300DVQAGW0B16JX70</lei>
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        <name>North Dakota Housing Finance Agency</name>
        <lei>549300DVQAGW0B16JX70</lei>
        <title>North Dakota Housing Finance Agency, Home Mortgage Finance Program, Series 2023A</title>
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        <name>North East Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
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        <name>North East Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North East Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>North East Texas Regional Mobility Authority, Senior Lien, Series 2025A</title>
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          <isin value="US659231BQ60"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North East Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>North East Texas Regional Mobility Authority, Senior Lien, Series 2025A</title>
        <cusip>659231BR4</cusip>
        <identifiers>
          <isin value="US659231BR44"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>799754.34000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>North East Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>North East Texas Regional Mobility Authority, Senior Lien, Series 2025A</title>
        <cusip>659231BS2</cusip>
        <identifiers>
          <isin value="US659231BS27"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1133233.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-01</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>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>North East Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>North East Texas Regional Mobility Authority, Senior Lien, Series 2025A</title>
        <cusip>659231BT0</cusip>
        <identifiers>
          <isin value="US659231BT00"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1125348.50000000</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>2039-01-01</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>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>North East Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>North East Texas Regional Mobility Authority, Senior Lien, Series 2025A</title>
        <cusip>659231BV5</cusip>
        <identifiers>
          <isin value="US659231BV55"/>
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        <balance>1390000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1529765.89000000</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>2041-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>North East Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>North East Texas Regional Mobility Authority, Senior Lien, Series 2025A</title>
        <cusip>659231BW3</cusip>
        <identifiers>
          <isin value="US659231BW39"/>
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        <balance>1200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1307814.12000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-01</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>
      <invstOrSec>
        <name>North East Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>North East Texas Regional Mobility Authority, Senior Lien, Series 2025A</title>
        <cusip>659231BX1</cusip>
        <identifiers>
          <isin value="US659231BX12"/>
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        <balance>1100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1189427.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>North East Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>North East Texas Regional Mobility Authority, Senior Lien, Series 2025A</title>
        <cusip>659231BY9</cusip>
        <identifiers>
          <isin value="US659231BY94"/>
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        <balance>1330000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1449300.73000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>North East Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>North East Texas Regional Mobility Authority, Senior Lien, Series 2025A</title>
        <cusip>659231BZ6</cusip>
        <identifiers>
          <isin value="US659231BZ69"/>
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        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1618630.50000000</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>2045-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>North East Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>North East Texas Regional Mobility Authority, Senior Lien, Series 2025A</title>
        <cusip>659231CA0</cusip>
        <identifiers>
          <isin value="US659231CA00"/>
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        <balance>1150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1230889.39000000</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>2046-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>North East Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>North East Texas Regional Mobility Authority, Subordinate Lien, Series 2025B</title>
        <cusip>659231CH5</cusip>
        <identifiers>
          <isin value="US659231CH52"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>671670.36000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>North East Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>North East Texas Regional Mobility Authority, Subordinate Lien, Series 2025B</title>
        <cusip>659231CJ1</cusip>
        <identifiers>
          <isin value="US659231CJ19"/>
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        <balance>650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>736011.51000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North East Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>North East Texas Regional Mobility Authority, Subordinate Lien, Series 2025B</title>
        <cusip>659231CK8</cusip>
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          <isin value="US659231CK81"/>
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        <balance>1935000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2212565.30000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North East Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>North East Texas Regional Mobility Authority, Subordinate Lien, Series 2025B</title>
        <cusip>659231CL6</cusip>
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          <isin value="US659231CL64"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>862260.08000000</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>
        <debtSec>
          <maturityDt>2035-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North East Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>North East Texas Regional Mobility Authority, Subordinate Lien, Series 2025B</title>
        <cusip>659231CM4</cusip>
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          <isin value="US659231CM48"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1140331.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North East Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>North East Texas Regional Mobility Authority, Subordinate Lien, Series 2025B</title>
        <cusip>659231CN2</cusip>
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          <isin value="US659231CN21"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>678092.28000000</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>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North East Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>North East Texas Regional Mobility Authority, Subordinate Lien, Series 2025B</title>
        <cusip>659231CP7</cusip>
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          <isin value="US659231CP78"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>672599.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North East Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>North East Texas Regional Mobility Authority, Subordinate Lien, Series 2025B</title>
        <cusip>659231CQ5</cusip>
        <identifiers>
          <isin value="US659231CQ51"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>667929.42000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>North East Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>North East Texas Regional Mobility Authority, Subordinate Lien, Series 2025B</title>
        <cusip>659231CR3</cusip>
        <identifiers>
          <isin value="US659231CR35"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>880298.08000000</valUSD>
        <pctVal>0.012366319623</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>North East Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>North East Texas Regional Mobility Authority, Subordinate Lien, Series 2025B</title>
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          <isin value="US659231CS18"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North East Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
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          <isin value="US659231CT90"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North East Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>North East Texas Regional Mobility Authority, Subordinate Lien, Series 2025B</title>
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          <isin value="US659231CU63"/>
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        <curCd>USD</curCd>
        <valUSD>802295.18000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>North East Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>North East Texas Regional Mobility Authority, Subordinate Lien, Series 2025B</title>
        <cusip>659231CV4</cusip>
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          <isin value="US659231CV47"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>808603.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North East Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>North East Texas Regional Mobility Authority, Subordinate Lien, Series 2025B</title>
        <cusip>659231CW2</cusip>
        <identifiers>
          <isin value="US659231CW20"/>
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        <curCd>USD</curCd>
        <valUSD>774053.36000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>North East Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>North East Texas Regional Mobility Authority, Subordinate Lien, Series 2025B</title>
        <cusip>659231CX0</cusip>
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          <isin value="US659231CX03"/>
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        <balance>650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>688364.43000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of North Las Vegas NV</name>
        <lei>N/A</lei>
        <title>City of North Las Vegas, Water and wastewater Reclamation System Limited Tax, Series 2024B</title>
        <cusip>660393X61</cusip>
        <identifiers>
          <isin value="US660393X611"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1153189.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of North Las Vegas NV</name>
        <lei>N/A</lei>
        <title>City of North Las Vegas, Water and wastewater Reclamation System Limited Tax, Series 2024B</title>
        <cusip>660393Y29</cusip>
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          <isin value="US660393Y296"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1173904.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of North Las Vegas NV</name>
        <lei>N/A</lei>
        <title>City of North Las Vegas, Water and wastewater Reclamation System Limited Tax, Series 2024B</title>
        <cusip>660393Y37</cusip>
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          <isin value="US660393Y379"/>
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        <balance>1870000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2175648.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Borough of North Slope AK</name>
        <lei>N/A</lei>
        <title>Borough of North Slope</title>
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          <isin value="US662523X462"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1009140.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Borough of North Slope AK</name>
        <lei>N/A</lei>
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          <isin value="US662523X538"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Texas Municipal Water District</name>
        <lei>N/A</lei>
        <title>North Texas Municipal Water District</title>
        <cusip>6628354H7</cusip>
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          <isin value="US6628354H78"/>
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        <valUSD>12208764.36000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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          <isin value="US66285WU794"/>
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        <valUSD>3440018.10000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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          <isin value="US66285WWC62"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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          <isin value="US66285WZW99"/>
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        <name>North Texas Municipal Water District Water System Revenue</name>
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        <title>North Texas Municipal Water District Water System</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2034-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>North Texas Municipal Water District Water System Revenue</name>
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          <isin value="US662903H899"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2035-09-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Texas Municipal Water District Water System Revenue</name>
        <lei>N/A</lei>
        <title>North Texas Municipal Water District Water System</title>
        <cusip>662903H97</cusip>
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          <isin value="US662903H972"/>
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        <balance>1340000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1575141.32000000</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>North Texas Municipal Water District Water System Revenue</name>
        <lei>N/A</lei>
        <title>North Texas Municipal Water District Water System</title>
        <cusip>662903J38</cusip>
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          <isin value="US662903J382"/>
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        <balance>10000000.00000000</balance>
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        <valUSD>11539062.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Northeast Ohio Medical University</name>
        <lei>N/A</lei>
        <title>Northeast Ohio Medical University, Series 2022</title>
        <cusip>66433RCS5</cusip>
        <identifiers>
          <isin value="US66433RCS58"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1102814.50000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Northern Tobacco Securitization Corp.</name>
        <lei>N/A</lei>
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        <cusip>66585VCA1</cusip>
        <identifiers>
          <isin value="US66585VCA17"/>
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        <balance>1650000.00000000</balance>
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        <valUSD>1617253.94000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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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 2021B-2, Class 2</title>
        <cusip>66585VCB9</cusip>
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          <isin value="US66585VCB99"/>
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        <balance>51383513.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5832265.09000000</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>
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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 2022A</title>
        <cusip>667826DU2</cusip>
        <identifiers>
          <isin value="US667826DU25"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1044941.10000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Northwest Independent School District</name>
        <lei>N/A</lei>
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        <cusip>667826EE7</cusip>
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          <isin value="US667826EE73"/>
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        <balance>2500000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Northwest Independent School District</name>
        <lei>N/A</lei>
        <title>Northwest Independent School District, Unlimited Tax, Series 2024A</title>
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          <isin value="US667826GJ43"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Norwalk CT</name>
        <lei>N/A</lei>
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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>4.00000000</annualizedRt>
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        <name>Nye County School District</name>
        <lei>N/A</lei>
        <title>Nye County School District, Series 2023</title>
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          <isin value="US670692TV47"/>
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        <balance>1360000.00000000</balance>
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        <valUSD>1561008.68000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Nye County School District</name>
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          <maturityDt>2036-05-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
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        <name>State of Ohio</name>
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        <name>State of Ohio</name>
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        <title>State of Ohio, Culture and Sports Facilities Building Fund Projects, Series 2025A</title>
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        <name>State of Ohio</name>
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        <name>State of Ohio</name>
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        <name>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
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        <name>Oklahoma Water Resources Board</name>
        <lei>5493007CUNXW5UX11C71</lei>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Oklahoma Water Resources Board</name>
        <lei>5493007CUNXW5UX11C71</lei>
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          <isin value="US67920Q4N54"/>
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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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        <name>Oklahoma Water Resources Board</name>
        <lei>5493007CUNXW5UX11C71</lei>
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          <isin value="US67920Q4Q85"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Oklahoma Water Resources Board</name>
        <lei>5493007CUNXW5UX11C71</lei>
        <title>Oklahoma Water Resources Board, State Loan Program, Series 2025C</title>
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          <isin value="US67920Q7T97"/>
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        <balance>7000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7082217.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Oklahoma Water Resources Board</name>
        <lei>5493007CUNXW5UX11C71</lei>
        <title>Oklahoma Water Resources Board, State Loan Program, Series 2023A</title>
        <cusip>67920QY69</cusip>
        <identifiers>
          <isin value="US67920QY690"/>
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        <balance>3720000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3745155.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Olentangy Local School District</name>
        <lei>N/A</lei>
        <title>Olentangy Local School District, Unlimited Tax Various Purpose</title>
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        <identifiers>
          <isin value="US6806163W72"/>
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        <balance>6630000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7469848.62000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Omaha Public Power District</name>
        <lei>54930000VJEJ9CGIYG32</lei>
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        <cusip>682001HM7</cusip>
        <identifiers>
          <isin value="US682001HM76"/>
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        <balance>3750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3819555.38000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>Omaha Public Power District</name>
        <lei>54930000VJEJ9CGIYG32</lei>
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          <isin value="US682001NE86"/>
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        <balance>2150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2381238.52000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-01</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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        <cusip>682001NP3</cusip>
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        <balance>2700000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-02-01</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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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Omaha Public Power District Nebraska City Station Unit 2</name>
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          <maturityDt>2045-02-01</maturityDt>
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        <name>Omaha Public Power District Nebraska City Station Unit 2</name>
        <lei>N/A</lei>
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          <isin value="US682004GF73"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Onondaga Civic Development Corp.</name>
        <lei>N/A</lei>
        <title>Onondaga Civic Development Corp., Syracuse University Project</title>
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          <isin value="US682832KU35"/>
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          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Onondaga Civic Development Corp.</name>
        <lei>N/A</lei>
        <title>Onondaga Civic Development Corp., Syracuse University Project</title>
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          <isin value="US682832KX73"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2034-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Onondaga Civic Development Corp.</name>
        <lei>N/A</lei>
        <title>Onondaga Civic Development Corp., Syracuse University Project</title>
        <cusip>682832LJ7</cusip>
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          <isin value="US682832LJ70"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Onondaga Civic Development Corp.</name>
        <lei>N/A</lei>
        <title>Onondaga Civic Development Corp., Syracuse University Project</title>
        <cusip>682832LK4</cusip>
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          <isin value="US682832LK44"/>
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        <curCd>USD</curCd>
        <valUSD>5003968.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Ontario Public Financing Authority</name>
        <lei>N/A</lei>
        <title>Ontario Public Financing Authority, Series 2025A</title>
        <cusip>68304REK2</cusip>
        <identifiers>
          <isin value="US68304REK23"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4033064.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Orange County Health Facilities Authority</name>
        <lei>N/A</lei>
        <title>Orange County Health Facilities Authority, Orlando Health Obligated Group, Series 2023A</title>
        <cusip>68450LHD0</cusip>
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          <isin value="US68450LHD01"/>
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        <balance>750000.00000000</balance>
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        <name>Orchard Farm R-V School District</name>
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        <name>Oregon State Facilities Authority</name>
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        <name>State of Oregon</name>
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        <name>Orlando Utilities Commission</name>
        <lei>549300EJR7JVMRXL5D66</lei>
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        <name>Orlando Utilities Commission</name>
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        <name>Orlando Utilities Commission</name>
        <lei>549300EJR7JVMRXL5D66</lei>
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        <name>City of Oshkosh WI Water Revenue</name>
        <lei>N/A</lei>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Oshkosh WI Water Revenue</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Palm Beach County Health Facilities Authority</name>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>City of Phoenix Civic Improvement Corp.</name>
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        <name>Industrial Development Authority of the City of Phoenix Arizona (The)</name>
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        <name>Pima County Unified School District No. 1 Tucson</name>
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        <name>Plano Independent School District</name>
        <lei>N/A</lei>
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        <name>Town of Queen Creek AZ Excise Tax Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Raindance Metropolitan District No. 1 Non-Potable Water System Revenue</name>
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          <isin value="US75087GAA04"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Redding Joint Powers Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Redondo Beach Unified School District</name>
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        <name>Central Florida Tourism Oversight District</name>
        <lei>549300DLSKH6SZ96KV94</lei>
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        <name>Rhode Island Health and Educational Building Corp.</name>
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        <name>Rhode Island Health and Educational Building Corp.</name>
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        <name>State of Rhode Island</name>
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        <name>State of Rhode Island</name>
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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="US762244LY57"/>
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        <curCd>USD</curCd>
        <valUSD>1074804.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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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>762244MA6</cusip>
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          <isin value="US762244MA62"/>
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        <curCd>USD</curCd>
        <valUSD>1271142.50000000</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>2038-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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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="US762244ME84"/>
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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>2042-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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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., Lifespan Obligated Group, Series 2024</title>
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          <isin value="US762244MF59"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1062547.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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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., Brown university Health, Series 2026B</title>
        <cusip>762244PD7</cusip>
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          <isin value="US762244PD74"/>
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        <balance>4250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4708565.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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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., Brown university Health, Series 2026B</title>
        <cusip>762244PE5</cusip>
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          <isin value="US762244PE57"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2094554.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Richmond VA</name>
        <lei>N/A</lei>
        <title>City of Richmond, Public Improvement, Series 2017B</title>
        <cusip>76541VRV1</cusip>
        <identifiers>
          <isin value="US76541VRV17"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>181893.51000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-15</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>River Islands Public Financing Authority</name>
        <lei>N/A</lei>
        <title>River Islands Public Financing Authority, Facilities District No. 2003, Series 2022A-1</title>
        <cusip>76827QGE7</cusip>
        <identifiers>
          <isin value="US76827QGE70"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>109631.79000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</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>River Islands Public Financing Authority</name>
        <lei>N/A</lei>
        <title>River Islands Public Financing Authority, Facilities District No. 2003, Series 2022A-1</title>
        <cusip>76827QGF4</cusip>
        <identifiers>
          <isin value="US76827QGF46"/>
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        <balance>330000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>370292.51000000</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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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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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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          <isin value="US76827QGP28"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1079535.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Rockport IN</name>
        <lei>N/A</lei>
        <title>City of Rockport, Indiana Michigan Power Co. Project, Series 2025A</title>
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          <isin value="US773835BY85"/>
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        <balance>5000000.00000000</balance>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.70000000</annualizedRt>
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      <invstOrSec>
        <name>Rocky Mountain Rail Park Metropolitan District</name>
        <lei>N/A</lei>
        <title>Rocky Mountain Rail Park Metropolitan District, Limited Tax, Series 2021A</title>
        <cusip>774762AA6</cusip>
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          <isin value="US774762AA63"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Rocky Mountain Rail Park Metropolitan District</name>
        <lei>N/A</lei>
        <title>Rocky Mountain Rail Park Metropolitan District, Limited Tax, Series 2021A</title>
        <cusip>774762AB4</cusip>
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          <isin value="US774762AB47"/>
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          <maturityDt>2041-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Rogers MN</name>
        <lei>N/A</lei>
        <title>City of Rogers, Sales Tax, Series 2024B</title>
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          <isin value="US775252XW49"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Rome Building Authority</name>
        <lei>N/A</lei>
        <title>Rome Building Authority, Rome City School Project, Series 2023</title>
        <cusip>776000AR2</cusip>
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          <isin value="US776000AR20"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1152094.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Roswell Development Authority</name>
        <lei>N/A</lei>
        <title>Roswell Development Authority, Wellsatar Healthcare, Inc., Series 2025A</title>
        <cusip>77853AAA1</cusip>
        <identifiers>
          <isin value="US77853AAA16"/>
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        <balance>9500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9500000.00000000</valUSD>
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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>2047-04-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.90000020</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Round Rock TX</name>
        <lei>549300VJM2Z2IGVYF523</lei>
        <title>City of Round Rock</title>
        <cusip>779223JJ6</cusip>
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          <isin value="US779223JJ67"/>
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        <balance>1180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1195344.96000000</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>2026-08-15</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>Round Rock Independent School District</name>
        <lei>N/A</lei>
        <title>Round Rock Independent School District, Series 2025B</title>
        <cusip>779240RJ1</cusip>
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          <isin value="US779240RJ17"/>
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        <balance>1450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1680565.37000000</valUSD>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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        <name>Salt Verde Financial Corp.</name>
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        <name>San Diego County Regional Airport Authority</name>
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        <name>San Diego County Regional Airport Authority</name>
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        <name>San Francisco City &amp; County Airport Comm-San Francisco International Airport</name>
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        <name>San Joaquin Valley Clean Energy Authority</name>
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        <name>San Jose Evergreen Community College District</name>
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        <name>San Jose Evergreen Community College District</name>
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        <name>County of Santa Fe NM</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Saratoga County Capital Resource Corp.</name>
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        <name>Saratoga County Capital Resource Corp.</name>
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        <name>Saratoga County Capital Resource Corp.</name>
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        <name>Saratoga County Capital Resource Corp.</name>
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        <name>Saratoga County Capital Resource Corp.</name>
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        <name>Savannah Georgia Convention Center Authority</name>
        <lei>N/A</lei>
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        <name>Savannah Georgia Convention Center Authority</name>
        <lei>N/A</lei>
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        <name>Savannah Georgia Convention Center Authority</name>
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        <name>Village of Scotia NY</name>
        <lei>N/A</lei>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>City of Scottsdale AZ</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>South Dakota Housing Development Authority</name>
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        <name>South Jersey Transportation Authority</name>
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          <isin value="US838536NQ92"/>
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          <couponKind>Fixed</couponKind>
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          <maturityDt>2039-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of South Miami Health Facilities Authority, Inc.</name>
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          <isin value="US838810EM78"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2065-08-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Southeast Alabama Gas Supply District (The)</name>
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          <isin value="US84131TBT88"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Southeast Energy Authority A Cooperative District</name>
        <lei>25490090A3RLJHITY273</lei>
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          <isin value="US84136FAV94"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Southeast Energy Authority A Cooperative District</name>
        <lei>25490090A3RLJHITY273</lei>
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          <isin value="US84136FBL04"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Southeast Energy Authority A Cooperative District</name>
        <lei>25490090A3RLJHITY273</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Southeast Energy Authority A Cooperative District</name>
        <lei>25490090A3RLJHITY273</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Southeast Energy Authority A Cooperative District</name>
        <lei>25490090A3RLJHITY273</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Southeast Overtown Park West Community Redevelopment Agency</name>
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        <name>Southeast Overtown Park West Community Redevelopment Agency</name>
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        <name>Southern California Logistics Airport Authority</name>
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          <isin value="US842472EL21"/>
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          <isin value="US842472EM04"/>
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        <name>Southern California Logistics Airport Authority</name>
        <lei>N/A</lei>
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          <isin value="US842472EQ18"/>
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        <name>Southern Illinois University</name>
        <lei>N/A</lei>
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        <name>Southern Illinois University</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Southern Illinois University</name>
        <lei>N/A</lei>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Texas Municipal Gas Acquisition &amp; Supply Corp. V</name>
        <lei>254900XZ4J30QIJO9G03</lei>
        <title>Texas Municipal Gas Acquisition and Supply Corp. V, Gas Supply, Series 2024</title>
        <cusip>88256RAK2</cusip>
        <identifiers>
          <isin value="US88256RAK23"/>
        </identifiers>
        <balance>18520000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20265708.16000000</valUSD>
        <pctVal>0.284690186422</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>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</title>
        <cusip>882667AN8</cusip>
        <identifiers>
          <isin value="US882667AN81"/>
        </identifiers>
        <balance>6000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5995034.40000000</valUSD>
        <pctVal>0.084217509078</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Texas Private Activity Bond Surface Transportation Corp.</name>
        <lei>N/A</lei>
        <title>Texas Private Activity Bond Surface Transportation Corp., North Tarrant Express Managed Lanes Project, Mobility Partners LLC, Series 2019A</title>
        <cusip>882667AY4</cusip>
        <identifiers>
          <isin value="US882667AY47"/>
        </identifiers>
        <balance>1130000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1134376.15000000</valUSD>
        <pctVal>0.015935577235</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>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>
        <cusip>882667CE6</cusip>
        <identifiers>
          <isin value="US882667CE64"/>
        </identifiers>
        <balance>2835000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3025205.25000000</valUSD>
        <pctVal>0.042497712874</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>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"/>
        </identifiers>
        <balance>3000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3009974.10000000</valUSD>
        <pctVal>0.042283747544</pctVal>
        <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>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>State of Texas</name>
        <lei>549300X9CH74QB747L76</lei>
        <title>State of Texas, College Student Loan</title>
        <cusip>8827242T3</cusip>
        <identifiers>
          <isin value="US8827242T35"/>
        </identifiers>
        <balance>2170000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2343422.49000000</valUSD>
        <pctVal>0.032920112155</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>State of Texas</name>
        <lei>549300X9CH74QB747L76</lei>
        <title>State of Texas, Series 2025B</title>
        <cusip>8827244U8</cusip>
        <identifiers>
          <isin value="US8827244U89"/>
        </identifiers>
        <balance>2255000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2647435.85000000</valUSD>
        <pctVal>0.037190854606</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Texas Public Finance Authority</name>
        <lei>N/A</lei>
        <title>Texas Public Finance Authority, Texas Southern University, Series 2023</title>
        <cusip>88277PAM7</cusip>
        <identifiers>
          <isin value="US88277PAM77"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>501783.20000000</valUSD>
        <pctVal>0.007048988943</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Texas Public Finance Authority</name>
        <lei>N/A</lei>
        <title>Texas Public Finance Authority, Texas Southern University, Series 2023</title>
        <cusip>88277PAN5</cusip>
        <identifiers>
          <isin value="US88277PAN50"/>
        </identifiers>
        <balance>625000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>641651.94000000</valUSD>
        <pctVal>0.009013847874</pctVal>
        <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>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Central Texas Turnpike System</name>
        <lei>N/A</lei>
        <title>Central Texas Turnpike System, First Tier, Series 2024B</title>
        <cusip>88283KBQ0</cusip>
        <identifiers>
          <isin value="US88283KBQ04"/>
        </identifiers>
        <balance>3500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3823061.55000000</valUSD>
        <pctVal>0.053705900468</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Central Texas Turnpike System</name>
        <lei>N/A</lei>
        <title>Central Texas Turnpike System, First Tier, Series 2024A</title>
        <cusip>88283KBR8</cusip>
        <identifiers>
          <isin value="US88283KBR86"/>
        </identifiers>
        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2295099.00000000</valUSD>
        <pctVal>0.032241269686</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Central Texas Turnpike System</name>
        <lei>N/A</lei>
        <title>Central Texas Turnpike System, Second Tier, Series 2024C</title>
        <cusip>88283KBY3</cusip>
        <identifiers>
          <isin value="US88283KBY38"/>
        </identifiers>
        <balance>8000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9262804.00000000</valUSD>
        <pctVal>0.130122736236</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Central Texas Turnpike System</name>
        <lei>N/A</lei>
        <title>Central Texas Turnpike System, Second Tier, Series 2024C</title>
        <cusip>88283KBZ0</cusip>
        <identifiers>
          <isin value="US88283KBZ03"/>
        </identifiers>
        <balance>6540000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7644282.92000000</valUSD>
        <pctVal>0.107385950314</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Texas Transportation Finance Corp.</name>
        <lei>N/A</lei>
        <title>Texas Transportation Finance Corp., Series 2025A</title>
        <cusip>88283PAF4</cusip>
        <identifiers>
          <isin value="US88283PAF45"/>
        </identifiers>
        <balance>5275000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5968401.92000000</valUSD>
        <pctVal>0.083843379260</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Texas Transportation Finance Corp.</name>
        <lei>N/A</lei>
        <title>Texas Transportation Finance Corp. Subordinate Tier, Series 2025A</title>
        <cusip>88283PAG2</cusip>
        <identifiers>
          <isin value="US88283PAG28"/>
        </identifiers>
        <balance>6500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7297903.60000000</valUSD>
        <pctVal>0.102520056046</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Texas Transportation Finance Corp.</name>
        <lei>N/A</lei>
        <title>Texas Transportation Finance Corp. Subordinate Tier, Series 2025A</title>
        <cusip>88283PAH0</cusip>
        <identifiers>
          <isin value="US88283PAH01"/>
        </identifiers>
        <balance>5500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6125555.70000000</valUSD>
        <pctVal>0.086051056316</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
        <title>Texas Water Development Board, State Water Implementation Fund, Series 2018B</title>
        <cusip>882854N81</cusip>
        <identifiers>
          <isin value="US882854N813"/>
        </identifiers>
        <balance>7000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7505476.30000000</valUSD>
        <pctVal>0.105436011915</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
        <title>Texas Water Development Board, Series 2023A</title>
        <cusip>88285ADK1</cusip>
        <identifiers>
          <isin value="US88285ADK16"/>
        </identifiers>
        <balance>1700000.00000000</balance>
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        <curCd>USD</curCd>
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        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
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        <name>Three Rivers Regional Wastewater Authority</name>
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        <name>Iowa Tobacco Settlement Authority</name>
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        <name>Tobacco Settlement Financing Corp.</name>
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        <name>Tobacco Settlement Financing Corp.</name>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <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>10000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9996437.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Tracy Public Financing Authority</name>
        <lei>N/A</lei>
        <title>Tracy Public Financing Authority, Legacy Fields, Series 2022A</title>
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        <identifiers>
          <isin value="US89239PAQ37"/>
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        <balance>1035000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1203149.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-01</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>
        <name>Triborough Bridge &amp; Tunnel Authority</name>
        <lei>54930020ZN4LQF7K3456</lei>
        <title>Triborough Bridge and Tunnel Authority, Payroll Mobility Tax, Series 2022D-1A</title>
        <cusip>89602HEF0</cusip>
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          <isin value="US89602HEF01"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1130756.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-15</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>Triborough Bridge &amp; Tunnel Authority</name>
        <lei>54930020ZN4LQF7K3456</lei>
        <title>Triborough Bridge and Tunnel Authority, Payroll Mobility Tax, Series 2025B-2</title>
        <cusip>89602HJB4</cusip>
        <identifiers>
          <isin value="US89602HJB42"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10880908.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Triborough Bridge &amp; Tunnel Authority</name>
        <lei>54930020ZN4LQF7K3456</lei>
        <title>Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels, Series 2012B</title>
        <cusip>89602NA20</cusip>
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          <isin value="US89602NA208"/>
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        <balance>8860000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7353365.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Triborough Bridge &amp; Tunnel Authority</name>
        <lei>54930020ZN4LQF7K3456</lei>
        <title>Triborough Bridge and Tunnel Authority, Series 2018D</title>
        <cusip>89602RGH2</cusip>
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          <isin value="US89602RGH21"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4116626.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Triborough Bridge &amp; Tunnel Authority</name>
        <lei>54930020ZN4LQF7K3456</lei>
        <title>Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels, Series 2025A-1</title>
        <cusip>89602RMX0</cusip>
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          <isin value="US89602RMX07"/>
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        <balance>2300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2713139.57000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-15</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>Triborough Bridge &amp; Tunnel Authority</name>
        <lei>54930020ZN4LQF7K3456</lei>
        <title>Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels, Series 2025A-2</title>
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          <isin value="US89602RNT85"/>
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        <balance>3275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3913615.18000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Triborough Bridge &amp; Tunnel Authority</name>
        <lei>54930020ZN4LQF7K3456</lei>
        <title>Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels, Series 2025A-2</title>
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          <isin value="US89602RNU58"/>
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        <balance>4500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5308316.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Triborough Bridge &amp; Tunnel Authority</name>
        <lei>54930020ZN4LQF7K3456</lei>
        <title>Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels, TBTA Capital Lockbox, Series 2025A</title>
        <cusip>896032BB4</cusip>
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          <isin value="US896032BB41"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2666040.25000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Triborough Bridge &amp; Tunnel Authority</name>
        <lei>54930020ZN4LQF7K3456</lei>
        <title>Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels, TBTA Capital Lockbox, Series 2025A</title>
        <cusip>896032BC2</cusip>
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          <isin value="US896032BC24"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1998614.60000000</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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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Triborough Bridge &amp; Tunnel Authority Sales Tax Revenue</name>
        <lei>N/A</lei>
        <title>Triborough Bridge and Tunnel Authority Sales Tax, TBTA Capital Lockbox, Series 2023A</title>
        <cusip>896035CA8</cusip>
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          <isin value="US896035CA89"/>
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        <balance>2250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2117325.15000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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        <name>Triborough Bridge &amp; Tunnel Authority Sales Tax Revenue</name>
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        <title>Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels, TBTA Capital Lockbox, Series 2023A</title>
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          <isin value="US896035CD29"/>
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        <curCd>USD</curCd>
        <valUSD>949338.20000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>Trinity River Authority</name>
        <lei>N/A</lei>
        <title>Trinity River Authority of Texas, Livingston Regional Water Supply System Project, Series 2023</title>
        <cusip>896560XT1</cusip>
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          <isin value="US896560XT11"/>
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        <balance>1120000.00000000</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>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Trinity River Authority</name>
        <lei>N/A</lei>
        <title>Trinity River Authority of Texas, Livingston Regional Water Supply System Project, Series 2023</title>
        <cusip>896560XU8</cusip>
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          <isin value="US896560XU83"/>
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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>2037-08-01</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>
        <lei>N/A</lei>
        <title>Trinity River Authority of Texas, Livingston Regional Water Supply System Project, Series 2023</title>
        <cusip>896560XV6</cusip>
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          <isin value="US896560XV66"/>
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        <balance>1220000.00000000</balance>
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        <valUSD>1364442.27000000</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>2038-08-01</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>TSASC, Inc.</name>
        <lei>N/A</lei>
        <title>TSASC, Inc., Series A</title>
        <cusip>898526FD5</cusip>
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          <isin value="US898526FD51"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1015622.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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      </invstOrSec>
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        <name>TSASC, Inc.</name>
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          <isin value="US898526FE35"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TSASC, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US898526FF00"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Union County Hospital Facility Authority</name>
        <lei>N/A</lei>
        <title>Union County Hospital Facility Authority, Grande Ronde Hospital, Inc., Series 2022</title>
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          <isin value="US906420BQ66"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Union County Hospital Facility Authority</name>
        <lei>N/A</lei>
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          <isin value="US906420BS23"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>University of Alabama (The)</name>
        <lei>N/A</lei>
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          <isin value="US914025FU02"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>University of Arkansas</name>
        <lei>549300FFADBQ3NEI2D96</lei>
        <title>University of Arkansas, Various Facilities Fayetteville Campus, Series 2024B</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>University of California</name>
        <lei>N/A</lei>
        <title>University of California, Series 2013AL-3</title>
        <cusip>91412GSH9</cusip>
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          <isin value="US91412GSH91"/>
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        <balance>6500000.00000000</balance>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-05-15</maturityDt>
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      <invstOrSec>
        <name>University of Colorado</name>
        <lei>N/A</lei>
        <title>University of Colorado, Enterprise System, Series 2017A-2</title>
        <cusip>91417NHZ1</cusip>
        <identifiers>
          <isin value="US91417NHZ15"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>University of Colorado</name>
        <lei>N/A</lei>
        <title>University of Colorado, Enterprise System, Series 2017A-2</title>
        <cusip>91417NJK2</cusip>
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          <isin value="US91417NJK28"/>
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        <fairValLevel>2</fairValLevel>
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        <name>University of Illinois</name>
        <lei>549300VD8PPC4Q5HK850</lei>
        <title>Board of Trustees of the University of Illinois (The), Series 2021A</title>
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        <name>University of Kentucky</name>
        <lei>549300CXE3YQ1HXYCQ71</lei>
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        <name>University of Kentucky</name>
        <lei>549300CXE3YQ1HXYCQ71</lei>
        <title>University of Kentucky, Healthcare Cancer Center Parking Projects</title>
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        <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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        <name>Permanent University Fund - University of Texas System</name>
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          <isin value="US9151158E20"/>
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        <name>Permanent University Fund - University of Texas System</name>
        <lei>N/A</lei>
        <title>Permanent University Fund - University of Texas System, Series 2025A</title>
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          <isin value="US915130BY35"/>
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        <name>Board of Regents of the University of Texas System</name>
        <lei>TEHUYFNKZR6XVWLGEU86</lei>
        <title>Board of Regents of the University of Texas System, Series 2026A</title>
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        <name>University of Wisconsin Hospitals &amp; Clinics</name>
        <lei>549300O76DW14JGO7224</lei>
        <title>University of Wisconsin Hospitals and Clinics, Series 2024B</title>
        <cusip>915260FU2</cusip>
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          <isin value="US915260FU29"/>
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        <name>University of Wisconsin Hospitals &amp; Clinics</name>
        <lei>549300O76DW14JGO7224</lei>
        <title>University of Wisconsin Hospitals and Clinics, Series 2024C</title>
        <cusip>915260FV0</cusip>
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        <valUSD>11500000.00000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>County of Utah UT</name>
        <lei>N/A</lei>
        <title>County of Utah, IHC Health Services, Inc., Series 2018C</title>
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          <isin value="US917393CY40"/>
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        <curCd>USD</curCd>
        <valUSD>35000000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-05-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.09999830</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Utah Housing Corp.</name>
        <lei>549300YXWQEI0S47WI02</lei>
        <title>Utah Housing Corp., Single Family Mortgage</title>
        <cusip>917434DL3</cusip>
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          <isin value="US917434DL37"/>
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        <balance>2400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2416321.92000000</valUSD>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Utah Housing Corp.</name>
        <lei>549300YXWQEI0S47WI02</lei>
        <title>Utah Housing Corp., Single Family Mortgage, Series 2025A</title>
        <cusip>917437RU1</cusip>
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          <isin value="US917437RU11"/>
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        <balance>6820000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7730677.33000000</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>
        <debtSec>
          <maturityDt>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Utah Infrastructure Agency</name>
        <lei>549300WD2FDRNXU16V82</lei>
        <title>Utah Infrastructure Agency, Clearfield City Project</title>
        <cusip>917466CY8</cusip>
        <identifiers>
          <isin value="US917466CY83"/>
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        <balance>915000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>929727.57000000</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>2040-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Utah Infrastructure Agency</name>
        <lei>549300WD2FDRNXU16V82</lei>
        <title>Utah Infrastructure Agency, Tax-Exempt Telecommunications, Series 2018A</title>
        <cusip>917467AS1</cusip>
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          <isin value="US917467AS17"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1029101.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-15</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>Utah Infrastructure Agency</name>
        <lei>549300WD2FDRNXU16V82</lei>
        <title>Utah Infrastructure Agency, Series 2021</title>
        <cusip>917467BU5</cusip>
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          <isin value="US917467BU53"/>
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        <balance>1210000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1236436.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Utah Infrastructure Agency</name>
        <lei>549300WD2FDRNXU16V82</lei>
        <title>Utah Infrastructure Agency, Tax-Exempt Telecommunications</title>
        <cusip>917471AY0</cusip>
        <identifiers>
          <isin value="US917471AY05"/>
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        <balance>1560000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1602257.44000000</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>2038-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Utah Transit Authority</name>
        <lei>N/A</lei>
        <title>Utah Transit Authority, Sales Tax, Series 2023</title>
        <cusip>917567HB8</cusip>
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          <isin value="US917567HB83"/>
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        <balance>1235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1389338.32000000</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>
        <debtSec>
          <maturityDt>2041-12-15</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>Utah Transit Authority</name>
        <lei>N/A</lei>
        <title>Utah Transit Authority, Sales Tax</title>
        <cusip>917567HP7</cusip>
        <identifiers>
          <isin value="US917567HP79"/>
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        <balance>1580000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1801112.78000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-15</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>Utah Transit Authority</name>
        <lei>N/A</lei>
        <title>Utah Transit Authority, Sales Tax</title>
        <cusip>917567JL4</cusip>
        <identifiers>
          <isin value="US917567JL48"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1486304.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-15</maturityDt>
          <couponKind>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>Utah Telecommunication Open Infrastructure Agency</name>
        <lei>549300LCGT5UXUJ1LP77</lei>
        <title>Utah Telecommunication Open Infrastructure Agency, Sales Tax and Telecommunications</title>
        <cusip>91756SAM5</cusip>
        <identifiers>
          <isin value="US91756SAM52"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>374641.64000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Utah Telecommunication Open Infrastructure Agency</name>
        <lei>549300LCGT5UXUJ1LP77</lei>
        <title>Utah Telecommunication Open Infrastructure Agency, Sales Tax and Telecommunications</title>
        <cusip>91756SAN3</cusip>
        <identifiers>
          <isin value="US91756SAN36"/>
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        <balance>580000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>665087.45000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Utility Debt Securitization Authority</name>
        <lei>N/A</lei>
        <title>Utility Debt Securitization Authority, Restructuring Bond, Series 2025TE-1</title>
        <cusip>91802RJP5</cusip>
        <identifiers>
          <isin value="US91802RJP55"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1628394.45000000</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>2047-12-15</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>Vail Home Partners Corp.</name>
        <lei>N/A</lei>
        <title>Vail Home Partners Corp., Colorado Housing Facilities</title>
        <cusip>91879VAB4</cusip>
        <identifiers>
          <isin value="US91879VAB45"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2053080.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>King &amp; Pierce Counties Valley Regional Fire Authority</name>
        <lei>N/A</lei>
        <title>King and Pierce Counties Valley Regional Fire Authority, Unlimited Tax, Series 2024</title>
        <cusip>92007ABX4</cusip>
        <identifiers>
          <isin value="US92007ABX46"/>
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        <balance>1525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1783415.98000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>King &amp; Pierce Counties Valley Regional Fire Authority</name>
        <lei>N/A</lei>
        <title>King and Pierce Counties Valley Regional Fire Authority, Unlimited Tax, Series 2024</title>
        <cusip>92007ABY2</cusip>
        <identifiers>
          <isin value="US92007ABY29"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1159251.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-01</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>King &amp; Pierce Counties Valley Regional Fire Authority</name>
        <lei>N/A</lei>
        <title>King and Pierce Counties Valley Regional Fire Authority, Unlimited Tax, Series 2024</title>
        <cusip>92007ABZ9</cusip>
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          <isin value="US92007ABZ93"/>
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        <balance>1300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1494276.16000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Vinton-Tecumseh School Building Corp.</name>
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        <name>Virginia Small Business Financing Authority</name>
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        <name>Weslaco Independent School District</name>
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        <name>West Hills Community College District School Facilities Improvement District 1</name>
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        <name>West Ottawa Public Schools</name>
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        <name>City of West Palm Beach FL Utility System Revenue</name>
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        <name>West Virginia Economic Development Authority</name>
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        <name>Westchester County Local Development Corp.</name>
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        <name>Westchester County Local Development Corp.</name>
        <lei>549300KOSU8OC75V9238</lei>
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        <name>Wilkes-Barre Area School District/PA</name>
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        <name>Will County School District No. 86 Joliet</name>
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        <name>Will County Community Unit School District No. 365-U Valley View</name>
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        <name>Village of Wilmette IL</name>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Wyoming Community Development Authority</name>
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          <isin value="US98322QE785"/>
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        <curCd>USD</curCd>
        <valUSD>3810703.71000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Wyoming Community Development Authority</name>
        <lei>549300UQ62NB8FGTHW65</lei>
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          <isin value="US98322QM465"/>
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        <curCd>USD</curCd>
        <valUSD>2604539.50000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
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        <name>Wyoming Community Development Authority</name>
        <lei>549300UQ62NB8FGTHW65</lei>
        <title>Wyoming Community Development Authority, Series 2025-3</title>
        <cusip>98322QW45</cusip>
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          <isin value="US98322QW456"/>
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        <balance>4195000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4764196.48000000</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>2055-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Yellowstone and Carbon Counties School District No. 7-70 Laurel</name>
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        <title>Yellowstone and Carbon Counties School District No. 7-70 Laurel, Series 2023</title>
        <cusip>985686CF9</cusip>
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          <isin value="US985686CF95"/>
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        <balance>1675000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1870412.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Yonkers Industrial Development Agency</name>
        <lei>N/A</lei>
        <title>Yonkers Industrial Development Agency, New Community School Project</title>
        <cusip>986094BJ8</cusip>
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          <isin value="US986094BJ88"/>
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        <balance>1445000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1560056.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Yuma AZ Water &amp; Sewer Revenue</name>
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          <isin value="US988522BN72"/>
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        <curCd>USD</curCd>
        <valUSD>702962.69000000</valUSD>
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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>
          <annualizedRt>5.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Yuma AZ Water &amp; Sewer Revenue</name>
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          <isin value="US988522BP21"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
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        <title>U.S. Treasury 10 Year Note</title>
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          <other otherDesc="Inhouse Sedol" value="TYM6COM"/>
          <other otherDesc="Future Ticker" value="TYM6 Comdty"/>
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        <balance>1289.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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              <counterpartyName>CME Clearing House</counterpartyName>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
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          <other otherDesc="Inhouse Sedol" value="YB07206"/>
          <other otherDesc="Option Ticker" value="USK6C 128.0 Comdty"/>
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      <invstOrSec>
        <name>N/A</name>
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          <other otherDesc="Inhouse Asset ID" value="YB074F8"/>
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        <fairValLevel>1</fairValLevel>
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    </invstOrSecs>
    <explntrNotes>








    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-03-30</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>
</edgarSubmission>
