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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ARKANSAS ST DEV FIN AUTH</name>
        <lei>N/A</lei>
        <title>AR ARSDEV 5.45 09/01/2052</title>
        <cusip>04110FAA3</cusip>
        <identifiers>
          <isin value="US04110FAA30"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100848.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.45000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PATRIOTS ENERGY GROUP FING AGY S C</name>
        <lei>5493008X0DFBVFH4HL19</lei>
        <title>SC PEGUTL 02/01/2054</title>
        <cusip>70342PAR5</cusip>
        <identifiers>
          <isin value="US70342PAR55"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>273778.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CRANDALL TEX</name>
        <lei>N/A</lei>
        <title>TX CRAGEN 4.25 09/15/2041</title>
        <cusip>224384AG2</cusip>
        <identifiers>
          <isin value="US224384AG20"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>244701.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>KANSAS CITY MO INDL DEV AUTH</name>
        <lei>549300QWDXL46XQC8110</lei>
        <title>MO KANDEV 5 06/01/2054</title>
        <cusip>48502MAB9</cusip>
        <identifiers>
          <isin value="US48502MAB90"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>245586.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>ERIE PA SWR AUTH</name>
        <lei>N/A</lei>
        <title>PA ERIUTL 5 12/01/2046</title>
        <cusip>295533RY1</cusip>
        <identifiers>
          <isin value="US295533RY11"/>
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        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>311222.88000000</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>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ELK GROVE CALIF FIN AUTH</name>
        <lei>N/A</lei>
        <title>CA ELKGEN 4 09/01/2050</title>
        <cusip>287254GS9</cusip>
        <identifiers>
          <isin value="US287254GS99"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>218896.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-01</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>NEW YORK ST DORM AUTH</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>NY NYSGEN 5.25 03/15/2047</title>
        <cusip>64990KJB0</cusip>
        <identifiers>
          <isin value="US64990KJB08"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>272998.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>WI PUBFIN 5.25 06/15/2055</title>
        <cusip>74439YFV8</cusip>
        <identifiers>
          <isin value="US74439YFV83"/>
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        <balance>255000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>257814.51000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-15</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>
        <name>INVESCO VAN KAMPEN MUN TR</name>
        <lei>GKS5Y4B1VKHV66WSPK53</lei>
        <title>INVESCO VAN KAMPEN MUN TR COM</title>
        <cusip>46131J103</cusip>
        <identifiers>
          <isin value="US46131J1034"/>
          <ticker value="VKQ"/>
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        <balance>3721.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>36875.11000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WYANDOTTE CNTY/KANS CITY KANS UNI GOVT</name>
        <lei>N/A</lei>
        <title>KS WYAGEN 5.75 09/01/2039</title>
        <cusip>98267VDK6</cusip>
        <identifiers>
          <isin value="US98267VDK61"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>259731.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS MUN GAS ACQUISITION &amp; SUPPLY CORP IV</name>
        <lei>549300PTUE847QDBBW22</lei>
        <title>TX TMGUTL 01/01/2054</title>
        <cusip>88256PAT7</cusip>
        <identifiers>
          <isin value="US88256PAT75"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>282848.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SARASOTA NATL CMNTY DEV DIST FLA</name>
        <lei>N/A</lei>
        <title>FL SARDEV 4 05/01/2039</title>
        <cusip>80342PAH6</cusip>
        <identifiers>
          <isin value="US80342PAH64"/>
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        <balance>155000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>156370.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DALLAS CENTER GRIMES IOWA CMNTY SCH DIST</name>
        <lei>N/A</lei>
        <title>IA DALSCD 3 05/01/2039</title>
        <cusip>234554JG9</cusip>
        <identifiers>
          <isin value="US234554JG99"/>
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        <balance>260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>246061.11000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NUVEEN QUALITY MUN INCOME FD</name>
        <lei>549300RDIO25ZNWCOA97</lei>
        <title>NUVEEN QUALITY MUN INCOME FD COM</title>
        <cusip>67066V101</cusip>
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          <isin value="US67066V1017"/>
          <ticker value="NAD"/>
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        <balance>6468.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>79362.36000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>HAMILTON CNTY OHIO</name>
        <lei>549300TO1E3N4E4YIO28</lei>
        <title>OH HAMMED 5.25 01/01/2045</title>
        <cusip>40727RDG0</cusip>
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          <isin value="US40727RDG02"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>311737.38000000</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>2045-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Western Asset Managed Municipals Fund Inc.</name>
        <lei>549300HVO8EY2T8K4F73</lei>
        <title>Western Asset Managed Municipals Fund Inc.</title>
        <cusip>95766M105</cusip>
        <identifiers>
          <isin value="US95766M1053"/>
          <ticker value="MMU"/>
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        <balance>10832.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>115360.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ST CHARLES CNTY MO PUB WTR SUPPLY DIST NO 2</name>
        <lei>54930038VJHZW7PR1R14</lei>
        <title>MO STSWTR 4 12/01/2044</title>
        <cusip>78764YFJ1</cusip>
        <identifiers>
          <isin value="US78764YFJ10"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>248220.98000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WASHINGTON ST HEALTH CARE FACS AUTH</name>
        <lei>549300ZVPWQIL3N5TL85</lei>
        <title>WA WASMED 5.5 09/01/2055</title>
        <cusip>93978HF75</cusip>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>266867.98000000</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>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>CHARLESTON CNTY S C ARPT DIST</name>
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        <name>SKAGIT CNTY WASH PUB HOSP DIST NO 1</name>
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      <invstOrSec>
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        <name>NORTH CAROLINA MED CARE COMMN</name>
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        <name>ARIZONA INDL DEV AUTH</name>
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        <name>MAIN STR NAT GAS INC GA</name>
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        <name>IOWA FIN AUTH</name>
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        <name>DUTCHESS CNTY N Y LOC DEV CORP</name>
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        <name>BLACK CREEK CMNTY DEV DIST FLA</name>
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        <name>BLACKROCK MUNIHOLDINGS FD INC</name>
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        <name>SUFFOLK REGL OFF-TRACK BETTING CORP N Y</name>
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        <name>VIRGINIA SMALL BUSINESS FING AUTH</name>
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        <cusip>928103AY6</cusip>
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        <name>GEORGETOWN (TX), CITY OF</name>
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        <name>INVESCO QUALITY MUN INCOME TR</name>
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        <name>SAWYERS LANDING CMNTY DEV DIST FLA</name>
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        <name>COLUMBUS OHIO REGL ARPT AUTH</name>
        <lei>N/A</lei>
        <title>OH COLAPT 5.5 01/01/2050</title>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BLACKROCK MUNIYIELD QUALITY FD III INC</name>
        <lei>UB5J2GS6Q51M6A2L8886</lei>
        <title>BLACKROCK MUNIYIELD QUALITY FD III INC COM</title>
        <cusip>09254E103</cusip>
        <identifiers>
          <isin value="US09254E1038"/>
          <ticker value="MYI"/>
        </identifiers>
        <balance>9721.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>109361.25000000</valUSD>
        <pctVal>0.599541772872</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COLORADO HEALTH FACS AUTH</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>CO COSMED 4 05/15/2041</title>
        <cusip>19648FTD6</cusip>
        <identifiers>
          <isin value="US19648FTD68"/>
        </identifiers>
        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>246963.50000000</valUSD>
        <pctVal>1.353906750562</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-15</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>NEW YORK TRANSN DEV CORP</name>
        <lei>N/A</lei>
        <title>NY NYTTRN 5.25 06/30/2049</title>
        <cusip>650116HK5</cusip>
        <identifiers>
          <isin value="US650116HK51"/>
        </identifiers>
        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>254870.25000000</valUSD>
        <pctVal>1.397253245894</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LAKEWOOD RANCH STEWARDSHIP DIST FLA</name>
        <lei>N/A</lei>
        <title>FL LKRGEN 6 05/01/2056</title>
        <cusip>51265KGH5</cusip>
        <identifiers>
          <isin value="US51265KGH59"/>
        </identifiers>
        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>259784.13000000</valUSD>
        <pctVal>1.424192187492</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RIDGE AT APOPKA CMNTY DEV DIST FLA</name>
        <lei>N/A</lei>
        <title>FL RAAGEN 5.38 05/01/2042</title>
        <cusip>76571AAC0</cusip>
        <identifiers>
          <isin value="US76571AAC09"/>
        </identifiers>
        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>260300.33000000</valUSD>
        <pctVal>1.427022106345</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</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>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>IL ILS 4 03/01/2038</title>
        <cusip>452153AS8</cusip>
        <identifiers>
          <isin value="US452153AS89"/>
        </identifiers>
        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>253183.55000000</valUSD>
        <pctVal>1.388006395585</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-01</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>MARYLAND ST HEALTH &amp; HIGHER EDL FACS AUTH</name>
        <lei>N/A</lei>
        <title>MD MDSMED 5.5 07/01/2056</title>
        <cusip>57421CMM3</cusip>
        <identifiers>
          <isin value="US57421CMM37"/>
        </identifiers>
        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>260907.33000000</valUSD>
        <pctVal>1.430349810227</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IOWA FIN AUTH</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>IA IASMED 5.5 10/01/2045</title>
        <cusip>46247CDV8</cusip>
        <identifiers>
          <isin value="US46247CDV81"/>
        </identifiers>
        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>257690.73000000</valUSD>
        <pctVal>1.412715720761</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JEFFERSON CNTY ALA</name>
        <lei>N/A</lei>
        <title>AL JEFUTL 5.25 10/01/2042</title>
        <cusip>472682ZM8</cusip>
        <identifiers>
          <isin value="US472682ZM84"/>
        </identifiers>
        <balance>450000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>499335.98000000</valUSD>
        <pctVal>2.737466686860</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NORTH CAROLINA MED CARE COMMN RETIREMENT FACS</name>
        <lei>549300FH6KOXGCHQYG81</lei>
        <title>NC NCSMED 5.38 10/01/2045</title>
        <cusip>65820YUM6</cusip>
        <identifiers>
          <isin value="US65820YUM64"/>
        </identifiers>
        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>257265.23000000</valUSD>
        <pctVal>1.410383038715</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</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>CYPRESS ML CMNTY DEV DIST FLA</name>
        <lei>N/A</lei>
        <title>FL CMLDEV 5 05/01/2043</title>
        <cusip>23283YAL9</cusip>
        <identifiers>
          <isin value="US23283YAL92"/>
        </identifiers>
        <balance>225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>232508.27000000</valUSD>
        <pctVal>1.274660086670</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BLACK BELT ENERGY GAS DIST ALA</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>AL BBEUTL 10/01/2052</title>
        <cusip>09182TAM9</cusip>
        <identifiers>
          <isin value="US09182TAM99"/>
        </identifiers>
        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>252306.78000000</valUSD>
        <pctVal>1.383199754840</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>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>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>WI PUBFIN 5.5 06/01/2055</title>
        <cusip>74439YGG0</cusip>
        <identifiers>
          <isin value="US74439YGG08"/>
        </identifiers>
        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>254483.00000000</valUSD>
        <pctVal>1.395130258533</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HOUSTON TEX</name>
        <lei>549300C64URYS0WQQY42</lei>
        <title>TX HOUAPT 5.5 07/01/2045</title>
        <cusip>442349JT4</cusip>
        <identifiers>
          <isin value="US442349JT44"/>
        </identifiers>
        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>275325.13000000</valUSD>
        <pctVal>1.509391274849</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NUVEEN AMT-FREE MUN CR INCOME FD</name>
        <lei>549300LBMO1C0IG71T03</lei>
        <title>NUVEEN AMT-FREE MUN CR INCOME FD COM</title>
        <cusip>67071L106</cusip>
        <identifiers>
          <isin value="US67071L1061"/>
          <ticker value="NVG"/>
        </identifiers>
        <balance>9457.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>125778.10000000</valUSD>
        <pctVal>0.689542457338</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MASSACHUSETTS ST DEV FIN AGY</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>MA MASDEV 5.25 06/01/2060</title>
        <cusip>57585BMW5</cusip>
        <identifiers>
          <isin value="US57585BMW53"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>314059.23000000</valUSD>
        <pctVal>1.721739899107</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EATON VANCE MUN INCOME TR</name>
        <lei>549300DINBO2K1M6KL63</lei>
        <title>EATON VANCE MUN INCOME TR SH BEN INT</title>
        <cusip>27826U108</cusip>
        <identifiers>
          <isin value="US27826U1088"/>
          <ticker value="EVN"/>
        </identifiers>
        <balance>5360.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>59211.92000000</valUSD>
        <pctVal>0.324612415202</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <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>2026-04-23</ncom:dateSigned>
      <ncom:nameOfApplicant>First Trust Exchange-Traded Fund VIII</ncom:nameOfApplicant>
      <ncom:signature>Derek Maltbie</ncom:signature>
      <ncom:signerName>Derek Maltbie</ncom:signerName>
      <ncom:title>Treasurer, Chief Financial Officer and Chief Accounting Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
