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      <invstOrSec>
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        <name>CALIFORNIA ST ENTERPRISE DEV A</name>
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          <isin value="US896035CE02"/>
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        <fairValLevel>2</fairValLevel>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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          <isin value="US59261ATK33"/>
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        <name>NEW JERSEY ST TURNPIKE AUTH TU</name>
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        <name>FRANKLIN CNTY OH CONVENTION FA</name>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <name>HARRIS CNTY-HOUSTON TX SPORTS</name>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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          <maturityDt>2051-07-01</maturityDt>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania Turnpike Commission</title>
        <cusip>709224S91</cusip>
        <identifiers>
          <isin value="US709224S918"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15118.48000000</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>2049-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MET TRANSPRTN AUTH NY REVENUE</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>Metropolitan Transportation Authority</title>
        <cusip>59261AG35</cusip>
        <identifiers>
          <isin value="US59261AG351"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>490707.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</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>MET TRANSPRTN AUTH NY REVENUE</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>Metropolitan Transportation Authority</title>
        <cusip>59261AJ99</cusip>
        <identifiers>
          <isin value="US59261AJ991"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>861834.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GTR ORLANDO FL AVIATION AUTH A</name>
        <lei>549300CP6PUG5S184F61</lei>
        <title>Greater Orlando Aviation Authority</title>
        <cusip>3922742E5</cusip>
        <identifiers>
          <isin value="US3922742E56"/>
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        <balance>165000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>162771.48000000</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>2044-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CENTRL TX REGL MOBILITY AUTH R</name>
        <lei>N/A</lei>
        <title>Central Texas Regional Mobility Authority</title>
        <cusip>155498LW6</cusip>
        <identifiers>
          <isin value="US155498LW67"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>303041.52000000</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>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania Turnpike Commission</title>
        <cusip>709225DY9</cusip>
        <identifiers>
          <isin value="US709225DY93"/>
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        <balance>390000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>349253.81000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SAN DIEGO CNTY CA REGL ARPT AU</name>
        <lei>N/A</lei>
        <title>San Diego County Regional Airport Authority</title>
        <cusip>79739GLF1</cusip>
        <identifiers>
          <isin value="US79739GLF18"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>202157.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JEA FL WTR &amp; SWR REVENUE</name>
        <lei>N/A</lei>
        <title>JEA Water &amp; Sewer System Revenue</title>
        <cusip>46615SFN3</cusip>
        <identifiers>
          <isin value="US46615SFN36"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1299171.13000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TEXAS WTR DEV BRD REVENUE</name>
        <lei>N/A</lei>
        <title>Texas Water Development Board</title>
        <cusip>88285ABJ6</cusip>
        <identifiers>
          <isin value="US88285ABJ60"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>394395.32000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.80000000</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>TRIBOROUGH NY BRIDGE &amp; TUNNEL</name>
        <lei>54930020ZN4LQF7K3456</lei>
        <title>Triborough Bridge &amp; Tunnel Authority</title>
        <cusip>89602HAB3</cusip>
        <identifiers>
          <isin value="US89602HAB33"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2020000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CLARK CNTY NV HIGHWAY IMPT REV</name>
        <lei>N/A</lei>
        <title>County of Clark NV</title>
        <cusip>181000SZ4</cusip>
        <identifiers>
          <isin value="US181000SZ49"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>483767.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FL WTR &amp; SWR R</name>
        <lei>N/A</lei>
        <title>County of Miami-Dade FL Water &amp; Sewer System Revenue</title>
        <cusip>59334DLV4</cusip>
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          <isin value="US59334DLV46"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>427789.45000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AUSTIN TX ELEC UTILITY SYS REV</name>
        <lei>N/A</lei>
        <title>City of Austin TX Electric Utility Revenue</title>
        <cusip>052414SR1</cusip>
        <identifiers>
          <isin value="US052414SR18"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>127187.38000000</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>2044-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN FRANCISCO CITY &amp; CNTY CA P</name>
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        <title>City of San Francisco CA Public Utilities Commission Water Revenue</title>
        <cusip>79765R5Q8</cusip>
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          <isin value="US79765R5Q87"/>
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        <balance>340000.00000000</balance>
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        <valUSD>239805.81000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-11-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania Turnpike Commission</title>
        <cusip>709225BD7</cusip>
        <identifiers>
          <isin value="US709225BD74"/>
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        <balance>255000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>222200.14000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2050-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HOUSTON TX UTILITY SYS REVENUE</name>
        <lei>N/A</lei>
        <title>City of Houston TX Combined Utility System Revenue</title>
        <cusip>44244CA98</cusip>
        <identifiers>
          <isin value="US44244CA982"/>
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        <balance>145000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>105399.24000000</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>2047-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MARYLAND ST TRANSPRTN AUTH TRA</name>
        <lei>254900MKNK0MO0Z4X426</lei>
        <title>Maryland State Transportation Authority</title>
        <cusip>574300MP1</cusip>
        <identifiers>
          <isin value="US574300MP16"/>
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        <balance>650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>570318.19000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>MIAMI-DADE CNTY FL TRANSIT SAL</name>
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        <name>NEW YORK CITY NY MUNI WTR FIN</name>
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          <isin value="US167593L593"/>
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          <maturityDt>2048-01-01</maturityDt>
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          <isin value="US544532CN21"/>
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        <curCd>USD</curCd>
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        <debtSec>
          <maturityDt>2048-07-01</maturityDt>
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        <name>MUNI ELEC AUTH OF GA</name>
        <lei>JA0WNILDDF2KUPS83B16</lei>
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          <isin value="US62620HEN89"/>
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      <invstOrSec>
        <name>LOS ANGELES CA DEPT OF WTR &amp; P</name>
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          <isin value="US544532BL73"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-01</maturityDt>
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        <name>TRIBOROUGH NY BRIDGE &amp; TUNNEL</name>
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          <isin value="US896035DL36"/>
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        <balance>300000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-05-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
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          <isin value="US709225AX48"/>
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        <name>LEE CNTY FL ARPT REVENUE</name>
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          <isin value="US523470HY13"/>
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        <name>NEW JERSEY ST TURNPIKE AUTH TU</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>DENVER CITY &amp; CNTY CO ARPT REV</name>
        <lei>N/A</lei>
        <title>City &amp; County of Denver CO Airport System Revenue</title>
        <cusip>249182LW4</cusip>
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          <isin value="US249182LW44"/>
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        <curCd>USD</curCd>
        <valUSD>687550.92000000</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>2048-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>EL PASO TX WTR &amp; SWR REVENUE</name>
        <lei>N/A</lei>
        <title>City of El Paso TX Water &amp; Sewer Revenue</title>
        <cusip>283822YB4</cusip>
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          <isin value="US283822YB49"/>
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        <curCd>USD</curCd>
        <valUSD>413612.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LOS ANGELES CA DEPT OF ARPTS A</name>
        <lei>N/A</lei>
        <title>City of Los Angeles Department of Airports</title>
        <cusip>544445TS8</cusip>
        <identifiers>
          <isin value="US544445TS80"/>
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        <balance>260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>267610.72000000</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>2045-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW YORK CITY NY MUNI WTR FIN</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>New York City Municipal Water Finance Authority</title>
        <cusip>64972GVM3</cusip>
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          <isin value="US64972GVM31"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>173437.98000000</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>2049-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN FRANCISCO CA MUNI TRANSPRT</name>
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        <title>San Francisco Municipal Transportation Agency</title>
        <cusip>797686FC1</cusip>
        <identifiers>
          <isin value="US797686FC11"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35434.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MET TRANSPRTN AUTH NY REVENUE</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>Metropolitan Transportation Authority</title>
        <cusip>59261AYZ4</cusip>
        <identifiers>
          <isin value="US59261AYZ47"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>112004.15000000</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>2052-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FL WTR &amp; SWR R</name>
        <lei>N/A</lei>
        <title>County of Miami-Dade FL Water &amp; Sewer System Revenue</title>
        <cusip>59334DLG7</cusip>
        <identifiers>
          <isin value="US59334DLG78"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>354882.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOS ANGELES CA DEPT OF WTR &amp; P</name>
        <lei>549300S8NXV6YU61GG95</lei>
        <title>Los Angeles Department of Water &amp; Power</title>
        <cusip>544532BM5</cusip>
        <identifiers>
          <isin value="US544532BM56"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45269.43000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN FRANCISCO CITY &amp; CNTY CA P</name>
        <lei>N/A</lei>
        <title>San Francisco City &amp; County Public Utilities Commission Wastewater Revenue</title>
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        <identifiers>
          <isin value="US79768HKN79"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>207303.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO IL O'HARE INTERNATIONA</name>
        <lei>N/A</lei>
        <title>Chicago O'Hare International Airport</title>
        <cusip>167593M66</cusip>
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          <isin value="US167593M666"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>496252.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TAMPA BAY FL WTR REGL WTR SPLY</name>
        <lei>N/A</lei>
        <title>Tampa Bay Water</title>
        <cusip>875124HM4</cusip>
        <identifiers>
          <isin value="US875124HM45"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>407775.44000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CENTRL PUGET SOUND WA REGL TRA</name>
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        <title>Central Puget Sound Regional Transit Authority</title>
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          <isin value="US155048EG20"/>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW YORK CITY NY MUNI WTR FIN</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>New York City Municipal Water Finance Authority</title>
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        <name>TRIBOROUGH NY BRIDGE &amp; TUNNEL</name>
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        <name>SALT RIVER AZ PROJ AGRIC IMPT&amp;</name>
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        <invCountry>US</invCountry>
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        <name>LOS ANGELES CA DEPT OF ARPTS A</name>
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        <title>City of Los Angeles Department of Airports</title>
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          <isin value="US544445HR36"/>
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        <invCountry>US</invCountry>
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        <name>SACRAMENTO CA MUNI UTILITY DIS</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
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      <invstOrSec>
        <name>TRIBOROUGH NY BRIDGE &amp; TUNNEL</name>
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        <name>S JERSEY NJ TRANSPRTN AUTH TRA</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-05-15</maturityDt>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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        <name>NEW YORK CITY NY MUNI WTR FIN</name>
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        <title>New York City Municipal Water Finance Authority</title>
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        <name>PORT AUTH OF NEW YORK &amp; NEW JE</name>
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        <name>PORT OF SEATTLE WA REVENUE</name>
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        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
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        <title>Pennsylvania Turnpike Commission</title>
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        <name>LOWER COLORADO RIVER TX AUTH T</name>
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        <title>Lower Colorado River Authority</title>
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        <name>NEW YORK ST PWR AUTH REVENUE</name>
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        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
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          <isin value="US709224P609"/>
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          <maturityDt>2049-12-01</maturityDt>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FL AVIATION RE</name>
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          <maturityDt>2044-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>DENVER CITY &amp; CNTY CO ARPT REV</name>
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          <isin value="US249182TN62"/>
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        <curCd>USD</curCd>
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          <maturityDt>2053-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MET NASHVILLE TN ARPT AUTH ARP</name>
        <lei>549300IC0HNF8TDXEE63</lei>
        <title>Metropolitan Nashville Airport Authority/The</title>
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          <isin value="US592190PJ57"/>
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        <curCd>USD</curCd>
        <valUSD>488577.30000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>LONG ISLAND NY PWR AUTH ELEC S</name>
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        <title>Long Island Power Authority</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>SAN ANTONIO TX ELEC &amp; GAS REVE</name>
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        <identifiers>
          <isin value="US79625GDV23"/>
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        <balance>260000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>W HARRIS CNTY TX REGL WTR AUTH</name>
        <lei>N/A</lei>
        <title>West Harris County Regional Water Authority</title>
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          <isin value="US95308RRH48"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOS ANGELES CA DEPT OF WTR &amp; P</name>
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        <cusip>544532ED2</cusip>
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          <isin value="US544532ED21"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW YORK CITY NY MUNI WTR FIN</name>
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        <title>New York City Municipal Water Finance Authority</title>
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          <isin value="US64972GXD14"/>
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        <name>CLARKSVILLE TN WTR SWR &amp; GAS R</name>
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        <name>PORT HOUSTON TX AUTH</name>
        <lei>N/A</lei>
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        <name>ORLANDO FL UTILITIES COMMISSIO</name>
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        <name>BATTERY PARK CITY NY AUTH</name>
        <lei>549300RF3SFDOWRHVM56</lei>
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        <name>UNION CNTY NC ENTERPRISE SYS R</name>
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          <isin value="US906400GE02"/>
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        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
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          <isin value="US709221VF98"/>
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        <name>N TX TOLLWAY AUTH REVENUE</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <invCountry>US</invCountry>
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        <name>MINNEAPOLIS-SAINT PAUL MN MET</name>
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          <maturityDt>2048-03-01</maturityDt>
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        <valUSD>97876.00000000</valUSD>
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      <invstOrSec>
        <name>PORT OF PORTLAND OR ARPT REVEN</name>
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        <name>MASSACHUSETTS ST PORT AUTH</name>
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        <name>NEW YORK ST PWR AUTH REVENUE</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-11-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>PORT OF SEATTLE WA REVENUE</name>
        <lei>549300T9UCDUJ3GZL429</lei>
        <title>Port of Seattle WA</title>
        <cusip>735389V96</cusip>
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          <isin value="US735389V960"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>485049.15000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>DALLAS TX WTRWKS &amp; SWR SYS REV</name>
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        <identifiers>
          <isin value="US23542JSC08"/>
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        <balance>110000.00000000</balance>
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        <valUSD>96518.16000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>PHILADELPHIA PA GAS WKS REVENU</name>
        <lei>549300H8UJ7V5WU5IA90</lei>
        <title>Philadelphia Gas Works Co</title>
        <cusip>71783MDF9</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>MET WASHINGTON DC ARPTS AUTH D</name>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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        <name>LOUISIANA STADIUM &amp; EXPOSITION</name>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <name>CHICAGO IL WTRWKS REVENUE</name>
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        <name>SAN FRANCISCO CALIF CITY &amp;CNTY</name>
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        <name>MASSACHUSETTS ST PORT AUTH</name>
        <lei>254900JRR8IDSSKWCL90</lei>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>ALLEGHENY CNTY PA ARPT AUTH AR</name>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>Main Street Natural Gas Inc</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SAN DIEGO CNTY CA REGL ARPT AU</name>
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        <title>San Diego County Regional Airport Authority</title>
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          <isin value="US79739GMZ62"/>
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        <name>MUNI ELEC AUTH OF GEORGIA</name>
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        <title>Municipal Electric Authority of Georgia</title>
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          <isin value="US6262078J61"/>
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          <maturityDt>2062-01-01</maturityDt>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania Turnpike Commission</title>
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          <isin value="US709225ET99"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-12-01</maturityDt>
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        <name>DALLAS-FORT WORTH TX INTERNATI</name>
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        <title>Dallas Fort Worth International Airport</title>
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          <isin value="US23503CDD65"/>
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          <maturityDt>2047-11-01</maturityDt>
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        <name>MET NASHVILLE TN ARPT AUTH ARP</name>
        <lei>549300IC0HNF8TDXEE63</lei>
        <title>Metropolitan Nashville Airport Authority/The</title>
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          <isin value="US592190QY16"/>
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          <maturityDt>2047-07-01</maturityDt>
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        <name>BAY AREA CA TOLL AUTH TOLL BRI</name>
        <lei>5493001FUZGUQMIP5D78</lei>
        <title>Bay Area Toll Authority</title>
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          <isin value="US072024WG31"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>DENVER CITY &amp; CNTY CO ARPT REV</name>
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        <title>City &amp; County of Denver CO Airport System Revenue</title>
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          <isin value="US249182LK06"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-12-01</maturityDt>
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        <name>HARRIS CNTY TX TOLL ROAD REVEN</name>
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        <fairValLevel>2</fairValLevel>
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        <name>RIVERSIDE CNTY CA TRANSPRTN CO</name>
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        <title>Riverside County Transportation Commission</title>
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        <name>LOUISIANA STADIUM &amp; EXPOSITION</name>
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        <name>CENTRL FL EXPRESSWAY AUTH SR L</name>
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        <name>DIST OF COLUMBIA INCOME TAX SE</name>
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        <name>BROWARD CNTY FL WTR &amp; SWR UTIL</name>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <name>JEFFERSON LA SALES TAX DIST SP</name>
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        <name>BROWARD CNTY FL ARPT SYS REVEN</name>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
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          <maturityDt>2046-10-01</maturityDt>
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        <name>TRIBOROUGH NY BRIDGE &amp; TUNNEL</name>
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        <name>CHICAGO IL O'HARE INTERNATIONA</name>
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        <debtSec>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>CHICAGO IL O'HARE INTERNATIONA</name>
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          <isin value="US167593Y638"/>
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        <curCd>USD</curCd>
        <valUSD>202561.16000000</valUSD>
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          <maturityDt>2056-01-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AUSTIN TX WTR &amp; WSTWTR SYS REV</name>
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        <title>City of Austin TX Water &amp; Wastewater System Revenue</title>
        <cusip>052477EL6</cusip>
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          <isin value="US052477EL63"/>
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        <balance>305000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-11-15</maturityDt>
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        <name>OHIO ST TURNPIKE COMMISSION</name>
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          <isin value="US67760HNJ67"/>
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        <name>ALLEGHENY CNTY PA ARPT AUTH AR</name>
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        <name>N TX TOLLWAY AUTH REVENUE</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <name>LOS ANGELES CA DEPT OF WTR &amp; P</name>
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          <isin value="US544525ZH47"/>
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        <name>CONNECTICUT ST SPL TAX OBLIG R</name>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
        <lei>5493000TKYODLXADQD60</lei>
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        <name>NEW YORK CITY NY MUNI WTR FIN</name>
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        <name>MET NASHVILLE TN ARPT AUTH ARP</name>
        <lei>549300IC0HNF8TDXEE63</lei>
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        <name>HAMPTON ROADS VA TRANSPRTN ACC</name>
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        <name>GTR ORLANDO FL AVIATION AUTH A</name>
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        <name>E BATON ROUGE PARISH LA SWR CO</name>
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        <name>HOUSTON TX UTILITY SYS REVENUE</name>
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          <isin value="US44244CB220"/>
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          <isin value="US373586GU43"/>
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        <name>CHICAGO IL TRANSIT AUTH SALES</name>
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          <isin value="US373064Q495"/>
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        <name>MET WASHINGTON DC ARPTS AUTH D</name>
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        <name>HARRIS CNTY TX TOLL ROAD REVEN</name>
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        <name>ARKANSAS RIVER PWR AUTH CO PWR</name>
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        <name>ATLANTA GA ARPT REVENUE</name>
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          <isin value="US04780MVX46"/>
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          <maturityDt>2049-07-01</maturityDt>
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        <name>PHILADELPHIA PA WTR &amp; WSTWTR R</name>
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          <isin value="US717893Q468"/>
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        <name>LOS ANGELES CA DEPT OF ARPTS A</name>
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        <title>City of Los Angeles Department of Airports</title>
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          <isin value="US544445SY67"/>
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        <name>MIAMI-DADE CNTY FL WTR &amp; SWR R</name>
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        <title>County of Miami-Dade FL Water &amp; Sewer System Revenue</title>
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          <isin value="US59334DMQ42"/>
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        <name>LANSING MICH BRD WTR &amp; LT UTIL</name>
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          <isin value="US516391DC05"/>
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          <maturityDt>2044-07-01</maturityDt>
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        <name>OMAHA NE ARPT AUTH</name>
        <lei>N/A</lei>
        <title>Omaha Airport Authority</title>
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          <isin value="US681725NL76"/>
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        <name>BROWARD CNTY FL ARPT SYS REVEN</name>
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          <isin value="US114894YR33"/>
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        <name>MANATEE CNTY FL PUBLIC UTILITI</name>
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        <name>TEXAS WTR DEV BRD REVENUE</name>
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          <isin value="US88285ADU97"/>
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        <name>DENVER CO CITY &amp; CNTY DEDICATE</name>
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        <name>HARRIS CNTY TX TOLL ROAD REVEN</name>
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        <name>SALT LAKE CITY UT ARPT REVENUE</name>
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      <invstOrSec>
        <name>NEW YORK CITY NY MUNI WTR FIN</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
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      <invstOrSec>
        <name>TRIBOROUGH NY BRIDGE &amp; TUNNEL</name>
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          <isin value="US896032BB41"/>
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        <fairValLevel>2</fairValLevel>
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        <name>CHICAGO IL O'HARE INTERNATIONA</name>
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          <isin value="US1675934T61"/>
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        <balance>1150000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>CHARLOTTE NC ARPT REVENUE</name>
        <lei>N/A</lei>
        <title>City of Charlotte NC Airport Revenue</title>
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          <isin value="US161036VM72"/>
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        <balance>1310000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1342216.57000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TRIBOROUGH NY BRIDGE &amp; TUNNEL</name>
        <lei>N/A</lei>
        <title>Triborough Bridge &amp; Tunnel Authority Sales Tax Revenue</title>
        <cusip>896035BZ4</cusip>
        <identifiers>
          <isin value="US896035BZ40"/>
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        <balance>360000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>314790.08000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CONNECTICUT ST SPL TAX OBLIG R</name>
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        <title>State of Connecticut Special Tax Revenue</title>
        <cusip>207758A37</cusip>
        <identifiers>
          <isin value="US207758A373"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>104558.81000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>SAN DIEGO CNTY CA REGL ARPT AU</name>
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        <title>San Diego County Regional Airport Authority</title>
        <cusip>79739GNA0</cusip>
        <identifiers>
          <isin value="US79739GNA03"/>
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        <curCd>USD</curCd>
        <valUSD>1312604.41000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COLUMBUS OH REGL ARPT AUTH REV</name>
        <lei>N/A</lei>
        <title>Columbus Regional Airport Authority</title>
        <cusip>199546DC3</cusip>
        <identifiers>
          <isin value="US199546DC38"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1033044.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO IL TRANSIT AUTH SALES</name>
        <lei>N/A</lei>
        <title>Chicago Transit Authority Sales Tax Receipts Fund</title>
        <cusip>16772PDN3</cusip>
        <identifiers>
          <isin value="US16772PDN33"/>
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        <balance>1200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1167424.68000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HAMPTON ROADS VA TRANSPRTN ACC</name>
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        <title>Hampton Roads Transportation Accountability Commission</title>
        <cusip>409328AR2</cusip>
        <identifiers>
          <isin value="US409328AR23"/>
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        <balance>275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>251224.88000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-07-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MET WTR DIST OF STHRN CA WTRWK</name>
        <lei>5493003GD0S0P56RLT45</lei>
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          <isin value="US59266TWN70"/>
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        <balance>265000.00000000</balance>
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        <valUSD>278626.43000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NEW YORK CITY NY MUNI WTR FIN</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>New York City Municipal Water Finance Authority</title>
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          <isin value="US64972GWU48"/>
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        <balance>400000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>AUSTIN TX ARPT SYS REVENUE</name>
        <lei>N/A</lei>
        <title>City of Austin TX Airport System Revenue</title>
        <cusip>052398HW7</cusip>
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          <isin value="US052398HW71"/>
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        <balance>200000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>DENVER CITY &amp; CNTY CO ARPT REV</name>
        <lei>N/A</lei>
        <title>City &amp; County of Denver CO Airport System Revenue</title>
        <cusip>249182QV1</cusip>
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          <isin value="US249182QV16"/>
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        <balance>100000.00000000</balance>
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        <valUSD>99245.49000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CHICAGO IL O'HARE INTERNATIONA</name>
        <lei>N/A</lei>
        <title>Chicago O'Hare International Airport</title>
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          <isin value="US1675935E83"/>
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        <balance>110000.00000000</balance>
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        <name>LANSING MICH BRD WTR &amp; LT UTIL</name>
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        <title>Lansing Board of Water &amp; Light</title>
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          <isin value="US516391DD87"/>
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        <name>PHILADELPHIA PA WTR &amp; WSTWTR R</name>
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        <cusip>717893Q53</cusip>
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          <isin value="US717893Q534"/>
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        <balance>500000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2050-11-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>SAN FRANCISCO CALIF CITY &amp;CNTY</name>
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        <name>NEW YORK ST PWR AUTH GREEN TRA</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOS ANGELES CA DEPT OF ARPTS A</name>
        <lei>N/A</lei>
        <title>City of Los Angeles Department of Airports</title>
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          <isin value="US544445RF87"/>
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        <curCd>USD</curCd>
        <valUSD>50053.72000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania Turnpike Commission</title>
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          <isin value="US709225CD65"/>
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        <curCd>USD</curCd>
        <valUSD>56230.77000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FLORIDA ST TURNPIKE AUTH TURNP</name>
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        <title>State of Florida Department of Transportation Turnpike System Revenue</title>
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          <isin value="US343137TF28"/>
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        <curCd>USD</curCd>
        <valUSD>436389.45000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>N FORT BEND TX WTR AUTH WTR SY</name>
        <lei>N/A</lei>
        <title>North Fort Bend Water Authority</title>
        <cusip>65944RKY7</cusip>
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          <isin value="US65944RKY70"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>166403.72000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BAY AREA CA TOLL AUTH TOLL BRI</name>
        <lei>5493001FUZGUQMIP5D78</lei>
        <title>Bay Area Toll Authority</title>
        <cusip>072024YU0</cusip>
        <identifiers>
          <isin value="US072024YU07"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>514913.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OHIO ST WTR DEV AUTH REVENUE</name>
        <lei>549300QMBH1DMY67FZ74</lei>
        <title>Ohio Water Development Authority</title>
        <cusip>67765QLE4</cusip>
        <identifiers>
          <isin value="US67765QLE43"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>230638.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>MIAMI-DADE CNTY FL SEAPORT REV</name>
        <lei>N/A</lei>
        <title>County of Miami-Dade Seaport Department</title>
        <cusip>59335KFB8</cusip>
        <identifiers>
          <isin value="US59335KFB89"/>
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        <balance>1200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1192468.32000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MET TRANSPRTN AUTH NY DEDICATE</name>
        <lei>N/A</lei>
        <title>Metropolitan Transportation Authority Dedicated Tax Fund</title>
        <cusip>59260XCQ9</cusip>
        <identifiers>
          <isin value="US59260XCQ97"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>410403.96000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>NEW YORK CITY NY MUNI WTR FIN</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>New York City Municipal Water Finance Authority</title>
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          <isin value="US64972GZP26"/>
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        <balance>255000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>229831.76000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-06-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GTR ORLANDO FL AVIATION AUTH A</name>
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        <title>Greater Orlando Aviation Authority</title>
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          <isin value="US392275BL60"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>251278.38000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASSACHUSETTS ST BAY TRANSPRTN</name>
        <lei>N/A</lei>
        <title>Massachusetts Bay Transportation Authority Sales Tax Revenue</title>
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          <isin value="US575579L705"/>
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        <balance>605000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>538710.45000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-07-01</maturityDt>
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        <name>LONG ISLAND NY PWR AUTH ELEC S</name>
        <lei>1R46U5SYJ63KQXF39168</lei>
        <title>Long Island Power Authority</title>
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          <isin value="US542691HM51"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-09-01</maturityDt>
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        <name>CHICAGO IL O'HARE INTERNATIONA</name>
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          <isin value="US167593X721"/>
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          <maturityDt>2048-01-01</maturityDt>
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        <name>ILLINOIS ST TOLL HIGHWAY AUTH</name>
        <lei>549300ISBFGI8MJJKM98</lei>
        <title>Illinois State Toll Highway Authority</title>
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          <isin value="US452252PP85"/>
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        <invCountry>US</invCountry>
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        <name>OKLAHOMA CITY OK WTR UTILITIES</name>
        <lei>N/A</lei>
        <title>Oklahoma City Water Utilities Trust</title>
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          <isin value="US67865EBR27"/>
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        <name>CENTRL TX REGL MOBILITY AUTH R</name>
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          <isin value="US155498KP26"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2045-01-01</maturityDt>
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        <name>GAINESVILLE FL UTILITIES SYS R</name>
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          <isin value="US362848VL42"/>
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        <balance>215000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>MET TRANSPRTN AUTH NY REVENUE</name>
        <lei>5493000TKYODLXADQD60</lei>
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          <isin value="US59261ATJ69"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN FRANCISCO CALIF CITY &amp;CNTY</name>
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        <cusip>79766DWD7</cusip>
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          <isin value="US79766DWD73"/>
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        <valUSD>73482.44000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RIVERSIDE CNTY CA TRANSPRTN CO</name>
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        <cusip>76912DAZ1</cusip>
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          <isin value="US76912DAZ15"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8924.58000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-06-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MICHIGAN ST TRUNK LINE</name>
        <lei>N/A</lei>
        <title>State of Michigan Trunk Line Revenue</title>
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          <isin value="US5946952G23"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>728325.84000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK CITY NY MUNI WTR FIN</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>New York City Municipal Water Finance Authority</title>
        <cusip>64972GUF9</cusip>
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          <isin value="US64972GUF98"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>173145.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST TURNPIKE AUTH TU</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>New Jersey Turnpike Authority</title>
        <cusip>646140EU3</cusip>
        <identifiers>
          <isin value="US646140EU35"/>
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        <balance>405000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>417401.22000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST TOLL HIGHWAY AUTH</name>
        <lei>549300ISBFGI8MJJKM98</lei>
        <title>Illinois State Toll Highway Authority</title>
        <cusip>452252PQ6</cusip>
        <identifiers>
          <isin value="US452252PQ68"/>
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        <balance>775000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>783089.30000000</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>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MET TRANSPRTN AUTH NY DEDICATE</name>
        <lei>N/A</lei>
        <title>Metropolitan Transportation Authority Dedicated Tax Fund</title>
        <cusip>59260XCP1</cusip>
        <identifiers>
          <isin value="US59260XCP15"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1029589.10000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN ANTONIO TX WTR REVENUE</name>
        <lei>549300S7VENCVRZAA322</lei>
        <title>San Antonio Water System</title>
        <cusip>79642GMY5</cusip>
        <identifiers>
          <isin value="US79642GMY51"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>331401.14000000</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>2046-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FL TRANSIT SAL</name>
        <lei>N/A</lei>
        <title>County of Miami-Dade FL Transit System</title>
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          <isin value="US59334PHV22"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>76745.94000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FL WTR &amp; SWR R</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DENVER CITY &amp; CNTY CO ARPT REV</name>
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        <title>City &amp; County of Denver CO Airport System Revenue</title>
        <cusip>249182MR4</cusip>
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          <isin value="US249182MR40"/>
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        <fairValLevel>2</fairValLevel>
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        <name>SAN FRANCISCO CALIF CITY &amp;CNTY</name>
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        <title>San Francisco City &amp; County Airport Comm-San Francisco International Airport</title>
        <cusip>79766DWE5</cusip>
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          <isin value="US79766DWE56"/>
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        <balance>990000.00000000</balance>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>Metropolitan Transportation Authority</title>
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          <isin value="US59261AD952"/>
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        <name>DIST OF COLUMBIA INCOME TAX SE</name>
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        <name>SOUTH CAROLINA ST PUBLIC SVC A</name>
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        <name>DALLAS-FORT WORTH TX INTERNATI</name>
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        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
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        <title>Pennsylvania Turnpike Commission</title>
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          <maturityDt>2053-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHARLOTTE NC WTR &amp; SWR SYS REV</name>
        <lei>N/A</lei>
        <title>City of Charlotte NC Water &amp; Sewer System Revenue</title>
        <cusip>161045TD1</cusip>
        <identifiers>
          <isin value="US161045TD19"/>
        </identifiers>
        <balance>10000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10395.28000000</valUSD>
        <pctVal>0.007937761116</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CONNECTICUT ST SPL TAX OBLIG R</name>
        <lei>N/A</lei>
        <title>State of Connecticut Special Tax Revenue</title>
        <cusip>207758A29</cusip>
        <identifiers>
          <isin value="US207758A290"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>105240.72000000</valUSD>
        <pctVal>0.080361057623</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-01</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>SAN ANTONIO TX WTR REVENUE</name>
        <lei>549300S7VENCVRZAA322</lei>
        <title>San Antonio Water System</title>
        <cusip>79642GMZ2</cusip>
        <identifiers>
          <isin value="US79642GMZ27"/>
        </identifiers>
        <balance>335000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>287822.45000000</valUSD>
        <pctVal>0.219779154778</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PORT OF PORTLAND OR ARPT REVEN</name>
        <lei>N/A</lei>
        <title>Port of Portland OR Airport Revenue</title>
        <cusip>735240Q71</cusip>
        <identifiers>
          <isin value="US735240Q718"/>
        </identifiers>
        <balance>315000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>310032.67000000</valUSD>
        <pctVal>0.236738719186</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST ENVRNMNTL FACS COR</name>
        <lei>549300QJ33JJW73OQO60</lei>
        <title>New York State Environmental Facilities Corp</title>
        <cusip>64986DMK8</cusip>
        <identifiers>
          <isin value="US64986DMK80"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>513214.80000000</valUSD>
        <pctVal>0.391887133764</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-06-15</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>MET TRANSPRTN AUTH NY REVENUE</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>Metropolitan Transportation Authority</title>
        <cusip>59261AXT9</cusip>
        <identifiers>
          <isin value="US59261AXT95"/>
        </identifiers>
        <balance>75000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>74573.77000000</valUSD>
        <pctVal>0.056943994949</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-15</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>MET WTR DIST OF STHRN CA WTRWK</name>
        <lei>5493003GD0S0P56RLT45</lei>
        <title>Metropolitan Water District of Southern California</title>
        <cusip>59266TSQ5</cusip>
        <identifiers>
          <isin value="US59266TSQ57"/>
        </identifiers>
        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>26574.01000000</valUSD>
        <pctVal>0.020291723098</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAN FRANCISCO CITY &amp; CNTY CA P</name>
        <lei>N/A</lei>
        <title>City of San Francisco CA Public Utilities Commission Water Revenue</title>
        <cusip>79765R5N5</cusip>
        <identifiers>
          <isin value="US79765R5N56"/>
        </identifiers>
        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>530611.56000000</valUSD>
        <pctVal>0.405171174702</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-11-01</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>RENO NV SALES TAX REVENUE</name>
        <lei>549300M4R5WWSUWY8D52</lei>
        <title>City of Reno NV</title>
        <cusip>759861DT1</cusip>
        <identifiers>
          <isin value="US759861DT11"/>
        </identifiers>
        <balance>145000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>121942.68000000</valUSD>
        <pctVal>0.093114554273</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-06-01</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>NEW YORK CITY NY MUNI WTR FIN</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>New York City Municipal Water Finance Authority</title>
        <cusip>64972GUH5</cusip>
        <identifiers>
          <isin value="US64972GUH54"/>
        </identifiers>
        <balance>270000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>272985.07000000</valUSD>
        <pctVal>0.208449438018</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-15</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>CENTRL TX REGL MOBILITY AUTH R</name>
        <lei>N/A</lei>
        <title>Central Texas Regional Mobility Authority</title>
        <cusip>155498LX4</cusip>
        <identifiers>
          <isin value="US155498LX41"/>
        </identifiers>
        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>43570.08000000</valUSD>
        <pctVal>0.033269800031</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-01-01</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>NEW YORK CITY NY MUNI WTR FIN</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>New York City Municipal Water Finance Authority</title>
        <cusip>64972GXN9</cusip>
        <identifiers>
          <isin value="US64972GXN95"/>
        </identifiers>
        <balance>140000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>141744.55000000</valUSD>
        <pctVal>0.108235119926</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-07-22</ncom:dateSigned>
      <ncom:nameOfApplicant>DBX ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Diane Kenneally</ncom:signature>
      <ncom:signerName>Diane Kenneally</ncom:signerName>
      <ncom:title>Treasurer and Chief Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
