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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>DUTCHESS CNTY NY WTR &amp; WSTWTRAUTH</name>
        <lei>N/A</lei>
        <title>Dutchess County Water &amp; Wastewater Authority</title>
        <cusip>267048JZ0</cusip>
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          <isin value="US267048JZ09"/>
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        <balance>2700000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2699940.3300000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.0000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>INDIANA FINANCE AUTHORITY (IN)</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority</title>
        <cusip>45505RBN4</cusip>
        <identifiers>
          <isin value="US45505RBN44"/>
          <other otherDesc="SEDOL" value="BGMHQ46"/>
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        <balance>3500000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>3500000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.9</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ABSECON NJ</name>
        <lei>N/A</lei>
        <title>City of Absecon NJ</title>
        <cusip>003860DX8</cusip>
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          <isin value="US003860DX84"/>
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        <balance>1902000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1904572.0700000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.5000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>APPLING CNTY GA DEV AUTH</name>
        <lei>N/A</lei>
        <title>Development Authority of Appling County</title>
        <cusip>038315EF0</cusip>
        <identifiers>
          <isin value="US038315EF09"/>
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        <balance>3700000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>3700000.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.9500000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PHOENIX CITY INDUSTRIAL DEVELOPMENT AUTHORITY (THE) (AZ)</name>
        <lei>549300A62PWFBDWB8332</lei>
        <title>Industrial Development Authority of the City of Phoenix Arizona/The</title>
        <cusip>71884RAA0</cusip>
        <identifiers>
          <isin value="US71884RAA05"/>
          <other otherDesc="SEDOL" value="BDR8GZ4"/>
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        <balance>4000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>4000000.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.95</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>STILLWATER TWP NJ</name>
        <lei>N/A</lei>
        <title>Township of Stillwater NJ</title>
        <cusip>860828AJ1</cusip>
        <identifiers>
          <isin value="US860828AJ14"/>
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        <balance>1443267.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1445291.0400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</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>BARTOW COUNTY DEVELOPMENT AUTHORITY (GA)</name>
        <lei>5493006KLI0V8YELKW50</lei>
        <title>Bartow County Development Authority</title>
        <cusip>06964KAB2</cusip>
        <identifiers>
          <isin value="US06964KAB26"/>
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        <balance>3100000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3100000.0000000000</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>2062-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.93</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>CALIFORNIA MUNICIPAL FINANCE AUTHORITY (CA)</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority</title>
        <cusip>13048RAJ6</cusip>
        <identifiers>
          <isin value="US13048RAJ68"/>
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        <balance>4500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4495519.8000000000</valUSD>
        <pctVal>0.9243653382</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.95</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>SHERRILL N Y CITY SCH DIST</name>
        <lei>N/A</lei>
        <title>Sherrill City School District</title>
        <cusip>824263KX4</cusip>
        <identifiers>
          <isin value="US824263KX46"/>
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        <balance>1500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1500319.8000000000</valUSD>
        <pctVal>0.3084946082</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75</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>
      <invstOrSec>
        <name>TENDER OPTION BOND TRUST</name>
        <lei>N/A</lei>
        <title>Tender Option Bond Trust Receipts/Certificates</title>
        <cusip>88035E5E9</cusip>
        <identifiers>
          <isin value="US88035E5E94"/>
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        <balance>3260000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3260000.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.5499995</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OKLAHOMA HSG FIN AGY COLLATERALIZED REVENUE BONDS</name>
        <lei>N/A</lei>
        <title>Oklahoma Housing Finance Agency</title>
        <cusip>67886UAU5</cusip>
        <identifiers>
          <isin value="US67886UAU51"/>
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        <balance>1525000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1531416.9000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.4000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES</name>
        <lei>N/A</lei>
        <title>CA TENGEN 10/01/2050</title>
        <cusip>88035JQX3</cusip>
        <identifiers>
          <isin value="US88035JQX36"/>
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        <balance>7100000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>7100000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-10-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.9500000000</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>CHARLOTTE-MECKLENBURG NC HOSPAUTH HLTH CARE SYS REVENUE</name>
        <lei>549300XOH4JU704GMZ32</lei>
        <title>Charlotte-Mecklenburg Hospital Authority/The</title>
        <cusip>160853UL9</cusip>
        <identifiers>
          <isin value="US160853UL92"/>
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        <balance>2100000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2100000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-01-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.8500000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CUMBERLAND COUNTY FINANCE CORP (NC)</name>
        <lei>N/A</lei>
        <title>Cumberland County Industrial Facilities &amp; Pollution Control Financing Authority</title>
        <cusip>230589AB9</cusip>
        <identifiers>
          <isin value="US230589AB90"/>
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        <balance>10000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>9986787.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.125</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DELANCO TWP NJ</name>
        <lei>N/A</lei>
        <title>Township of Delanco NJ</title>
        <cusip>245536DF1</cusip>
        <identifiers>
          <isin value="US245536DF12"/>
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        <balance>1651895.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1663861.8200000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.7500000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DENVER CITY &amp; CNTY CO ARPT REVENUE</name>
        <lei>N/A</lei>
        <title>City &amp; County of Denver CO Airport System Revenue</title>
        <cusip>249182KZ8</cusip>
        <identifiers>
          <isin value="US249182KZ83"/>
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        <balance>805000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>814175.3100000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</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>HEARD CNTY GA DEV AUTH</name>
        <lei>N/A</lei>
        <title>Development Authority of Heard County</title>
        <cusip>422230BS0</cusip>
        <identifiers>
          <isin value="US422230BS05"/>
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        <balance>2000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2000000.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.9500000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HERTFORD CNTY NC INDL FACS &amp; POLL CONTROL FING AUTH</name>
        <lei>N/A</lei>
        <title>Hertford County Industrial Facilities &amp; Pollution Control Financing Authority</title>
        <cusip>428007AB4</cusip>
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          <isin value="US428007AB45"/>
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        <curCd>USD</curCd>
        <valUSD>2200000.0000000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-11-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HILLSIDE TWP NJ</name>
        <lei>N/A</lei>
        <title>Township of Hillside NJ</title>
        <cusip>432673HP9</cusip>
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          <isin value="US432673HP96"/>
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        <balance>1034452.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1034355.9000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.5000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
        <cusip>452153DH9</cusip>
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          <isin value="US452153DH97"/>
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        <balance>1000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1036585.7000000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-01</maturityDt>
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          <annualizedRt>5.0000000000</annualizedRt>
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      <invstOrSec>
        <name>JP MORGAN CHASE PUTTERS</name>
        <lei>N/A</lei>
        <title>JPMorgan Chase Putters/Drivers Trust</title>
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          <isin value="US46640KYR93"/>
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        <balance>4600000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>4600000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-20</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KEARNY NJ</name>
        <lei>549300P7H74KFHFXT451</lei>
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        <cusip>487170C59</cusip>
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          <isin value="US487170C592"/>
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        <balance>2680000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2679182.3300000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.2500000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>Black Belt Energy Gas District</title>
        <cusip>09182THK6</cusip>
        <identifiers>
          <isin value="US09182THK60"/>
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        <balance>1750000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1785737.1000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA HOUSING FINANCE AGENCY (CA)</name>
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        <cusip>13034DCF9</cusip>
        <identifiers>
          <isin value="US13034DCF96"/>
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        <balance>1000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1000267.8000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.95</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KENTUCKY ST ECON DEV FIN AUTH</name>
        <lei>N/A</lei>
        <title>Kentucky Economic Development Finance Authority</title>
        <cusip>49126PCJ7</cusip>
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          <isin value="US49126PCJ75"/>
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        <balance>12000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>12000000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.4000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOUISIANA PUB FACS AUTH</name>
        <lei>549300RQIPT5S4P4M065</lei>
        <title>LA LASFAC 08/01/2043</title>
        <cusip>546398YU6</cusip>
        <identifiers>
          <isin value="US546398YU65"/>
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        <balance>20400000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>20400000.0000000000</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>2043-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.95</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA MUNICIPAL FINANCE AUTHORITY (CA)</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority</title>
        <cusip>13048RAT4</cusip>
        <identifiers>
          <isin value="US13048RAT41"/>
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        <balance>3250000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>3249405.9000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-03-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.8</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY (CA)</name>
        <lei>N/A</lei>
        <title>California Pollution Control Financing Authority</title>
        <cusip>130536RN7</cusip>
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          <isin value="US130536RN77"/>
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        <balance>3500000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>3497076.1000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.875</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHATTANOOGA TN HLTH EDUCTNL &amp; HSG FAC BRD REVENUE</name>
        <lei>N/A</lei>
        <title>Chattanooga Health Educational &amp; Housing Facility Board</title>
        <cusip>162410CB8</cusip>
        <identifiers>
          <isin value="US162410CB80"/>
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        <balance>8465000.00</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.7000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DUNELLEN N J</name>
        <lei>N/A</lei>
        <title>Borough of Dunellen NJ</title>
        <cusip>265417BQ7</cusip>
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          <isin value="US265417BQ70"/>
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        <balance>2248700.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2259932.4800000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>YONKERS N Y</name>
        <lei>N/A</lei>
        <title>City of Yonkers NY</title>
        <cusip>9860824N2</cusip>
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          <isin value="US9860824N29"/>
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        <balance>3000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>3004044.9000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MTGE CORP MF VARIABLE RATE CTFS</name>
        <lei>N/A</lei>
        <title>FHLMC Multifamily VRD Certificates</title>
        <cusip>31350AAE8</cusip>
        <identifiers>
          <isin value="US31350AAE82"/>
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        <balance>1734000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1734000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.2200000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GLEN GARDNER NJ</name>
        <lei>N/A</lei>
        <title>Borough of Glen Gardner NJ</title>
        <cusip>377563CA7</cusip>
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          <isin value="US377563CA72"/>
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        <balance>1151159.00</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.0000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS DEVELOPMENT FINANCE AUTHORITY (IL)</name>
        <lei>N/A</lei>
        <title>Illinois Development Finance Authority</title>
        <cusip>451889AT6</cusip>
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          <isin value="US451889AT65"/>
          <other otherDesc="SEDOL" value="BKS91F0"/>
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        <balance>1000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1000027.3000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.45</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
        <cusip>452153QN2</cusip>
        <identifiers>
          <isin value="US452153QN29"/>
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        <balance>2000000.00</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JP MORGAN CHASE PUTTERS/DRIVERS TRUST VARIOUS STATES</name>
        <lei>N/A</lei>
        <title>JPMorgan Chase Putters/Drivers Trust</title>
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          <isin value="US46640KF742"/>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JP MORGAN CHASE PUTTERS/DRIVERS TRUST VARIOUS STATES</name>
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          <isin value="US46640KYU23"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>LIBERTY CNTY FL INDL DEV REVENUE</name>
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          <isin value="US530375AJ36"/>
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        <curCd>USD</curCd>
        <valUSD>12900000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-01</maturityDt>
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          <annualizedRt>1.6500000000</annualizedRt>
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        <name>LOPATCONG TWP NJ</name>
        <lei>5493005YSTVXIV0T8347</lei>
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        <cusip>543536DE3</cusip>
        <identifiers>
          <isin value="US543536DE37"/>
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        <balance>1822488.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1822242.5100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2027-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.2500000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LOWELL AR INDL DEV REVENUE</name>
        <lei>549300GXJ4CE6FSCJA35</lei>
        <title>City of Lowell AR</title>
        <cusip>547516AB0</cusip>
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          <isin value="US547516AB04"/>
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        <balance>2130000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2130000.0000000000</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>2036-10-01</maturityDt>
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          <annualizedRt>1.7700000000</annualizedRt>
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      <invstOrSec>
        <name>MCMINNVILLE WARREN CNTY TN INDL DEV BRD MF HSG</name>
        <lei>N/A</lei>
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        <cusip>582401AD7</cusip>
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          <isin value="US582401AD72"/>
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        <balance>3175000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>3166975.5100000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.7500000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MIZUHO FLOATER/RESIDUAL TRUST VARIOUS STATES</name>
        <lei>N/A</lei>
        <title>Mizuho Floater/Residual Trust</title>
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          <isin value="US60700HVJ57"/>
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        <balance>6840000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>6840000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.0000000000</annualizedRt>
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        <name>MIZUHO FLOATER/RESIDUAL TRUST VARIOUS STATES</name>
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        <cusip>60700HVR7</cusip>
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          <isin value="US60700HVR73"/>
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        <curCd>USD</curCd>
        <valUSD>1410000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.0000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BANK OF AMERICA CORP</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>KY LOUTRN 01/01/2029</title>
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          <isin value="US546598AA16"/>
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        <balance>2300000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2300000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.9</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOUISVILLE &amp; JEFFERSON CNTY KY MET GOVT ENVRNMNTL FACS</name>
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        <cusip>546751AN8</cusip>
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          <isin value="US546751AN89"/>
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        <balance>400000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>400000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.6800000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>BLOUNT CNTY TN PUBLIC BLDG AUTH</name>
        <lei>549300RHIJ2ZP4C8W404</lei>
        <title>Public Building Authority of Blount County Tennessee/The</title>
        <cusip>095175VQ5</cusip>
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          <isin value="US095175VQ53"/>
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        <balance>3375000.00</balance>
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        <valUSD>3375000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.8500000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LITTLE FALLS TWP NJ</name>
        <lei>N/A</lei>
        <title>Township of Little Falls NJ</title>
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          <isin value="US537173MN35"/>
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        <balance>1888000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1887456.0700000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.7500000000</annualizedRt>
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        <name>NUVEEN AMT-FREE QUALITY MUNICIPAL INCOME FUND</name>
        <lei>549300OTYQOOXS64NI63</lei>
        <title>Nuveen AMT-Free Quality Municipal Income Fund</title>
        <cusip>670657774</cusip>
        <identifiers>
          <isin value="US6706577748"/>
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        <balance>7000000.00</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>2029-03-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.27</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>LOWVILLE N Y CENT SCH DIST</name>
        <lei>N/A</lei>
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          <isin value="US548837DL41"/>
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        <balance>2650000.00</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-06-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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      <invstOrSec>
        <name>MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE</name>
        <lei>N/A</lei>
        <title>Metropolitan Washington Airports Authority Aviation Revenue</title>
        <cusip>592647NH0</cusip>
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          <isin value="US592647NH01"/>
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        <balance>675000.00</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>TEXAS ST</name>
        <lei>549300X9CH74QB747L76</lei>
        <title>State of Texas</title>
        <cusip>882724QQ3</cusip>
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          <isin value="US882724QQ32"/>
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        <balance>235000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>235000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-01</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MONTANA ST BRD OF HSG MFH REVENUE</name>
        <lei>N/A</lei>
        <title>Montana Board of Housing</title>
        <cusip>61212VAZ0</cusip>
        <identifiers>
          <isin value="US61212VAZ04"/>
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        <balance>1825000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1823607.8900000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.9000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HIGHER EDUCATION STUDENT ASSISTANCE AUTHORITY (NJ)</name>
        <lei>5493007OOYUHTF8GSL63</lei>
        <title>New Jersey Higher Education Student Assistance Authority</title>
        <cusip>646080YZ8</cusip>
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          <isin value="US646080YZ87"/>
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        <balance>3000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>3000173.1000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5</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>OHIO WATER DEVELOPMENT AUTHORITY (OH)</name>
        <lei>N/A</lei>
        <title>Ohio Water Development Authority Water Pollution Control Loan Fund</title>
        <cusip>67766WQ21</cusip>
        <identifiers>
          <isin value="US67766WQ212"/>
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        <balance>500000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>500000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.8</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>OXFORD TWP NJ</name>
        <lei>N/A</lei>
        <title>Township of Oxford NJ</title>
        <cusip>69182UAU2</cusip>
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          <isin value="US69182UAU25"/>
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        <balance>892117.00</balance>
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        <curCd>USD</curCd>
        <valUSD>897916.4700000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.0000000000</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>
      <invstOrSec>
        <name>ALLAMUCHY TWP NJ</name>
        <lei>N/A</lei>
        <title>Township of Allamuchy NJ</title>
        <cusip>016721FQ0</cusip>
        <identifiers>
          <isin value="US016721FQ09"/>
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        <balance>1575000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1579715.5500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.0000000000</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>AUSTIN TX ARPT SYS REVENUE</name>
        <lei>N/A</lei>
        <title>City of Austin TX Airport System Revenue</title>
        <cusip>052398HZ0</cusip>
        <identifiers>
          <isin value="US052398HZ03"/>
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        <balance>380000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>390724.7400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</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>BARNEGAT LIGHT NJ</name>
        <lei>N/A</lei>
        <title>Borough of Barnegat Light NJ</title>
        <cusip>067752AN5</cusip>
        <identifiers>
          <isin value="US067752AN51"/>
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        <balance>2055000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2056866.3500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.7500000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BOLIVAR-RICHBURG N Y CENT SCH DIST</name>
        <lei>N/A</lei>
        <title>Bolivar-Richburg Central School District</title>
        <cusip>097649FL6</cusip>
        <identifiers>
          <isin value="US097649FL60"/>
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        <balance>2286306.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2286903.1800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75</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>APPLING CNTY GA DEV AUTH</name>
        <lei>N/A</lei>
        <title>Development Authority of Appling County</title>
        <cusip>038315EV5</cusip>
        <identifiers>
          <isin value="US038315EV58"/>
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        <balance>17030000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>17030000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.9500000000</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>BROADVIEW HEIGHTS OH</name>
        <lei>N/A</lei>
        <title>City of Broadview Heights OH</title>
        <cusip>111331TD6</cusip>
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          <isin value="US111331TD66"/>
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        <balance>2000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2009960.6000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.3800000000</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>BROOKHAVEN DEV AUTH GA</name>
        <lei>N/A</lei>
        <title>Brookhaven Development Authority</title>
        <cusip>113073AZ3</cusip>
        <identifiers>
          <isin value="US113073AZ36"/>
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        <balance>1320000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1320000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.6100000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA MUNICIPAL FINANCE AUTHORITY (CA)</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority</title>
        <cusip>13048RAF4</cusip>
        <identifiers>
          <isin value="US13048RAF47"/>
          <other otherDesc="SEDOL" value="BHM4R96"/>
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        <balance>7000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>7017353.0000000000</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>2044-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.4</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA MUN FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority</title>
        <cusip>13048RAN7</cusip>
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          <isin value="US13048RAN70"/>
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        <balance>2000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2000000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.875</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHAPEL HILL NC MF HSG REVENUE</name>
        <lei>549300VZEWHG7O5ITM02</lei>
        <title>Town of Chapel Hill/NC</title>
        <cusip>159445AA3</cusip>
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          <isin value="US159445AA39"/>
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        <balance>1500000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1503539.5500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.1000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HOUSTON TX ARPT SYS REVENUE</name>
        <lei>N/A</lei>
        <title>City of Houston TX Airport System Revenue</title>
        <cusip>442349CB0</cusip>
        <identifiers>
          <isin value="US442349CB09"/>
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        <balance>2500000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2503559.5000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MIAMI-DADE CNTY FL INDL DEV AUTH SOL WST DISP REVENUE</name>
        <lei>549300RM19LZY32DAU30</lei>
        <title>Miami-Dade County Industrial Development Authority</title>
        <cusip>59333GAM0</cusip>
        <identifiers>
          <isin value="US59333GAM06"/>
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        <balance>5000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>5003855.5000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.0000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEWARK OH</name>
        <lei>N/A</lei>
        <title>City of Newark OH</title>
        <cusip>650451ZU4</cusip>
        <identifiers>
          <isin value="US650451ZU43"/>
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        <balance>2545000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2555017.3700000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.0000000000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHESTER BORO NJ</name>
        <lei>N/A</lei>
        <title>Borough of Chester NJ</title>
        <cusip>165501BG1</cusip>
        <identifiers>
          <isin value="US165501BG14"/>
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        <balance>1469344.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1471167.1600000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.5000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE</name>
        <lei>N/A</lei>
        <title>Chicago O'Hare International Airport</title>
        <cusip>1675935K4</cusip>
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          <isin value="US1675935K44"/>
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        <balance>4000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>4048153.2000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</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>COLUMBIA TOWN INDUSTRIAL DEVELOPMENT BOARD (AL)</name>
        <lei>N/A</lei>
        <title>Columbia Industrial Development Board</title>
        <cusip>197210AT4</cusip>
        <identifiers>
          <isin value="US197210AT49"/>
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        <balance>2300000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2300000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.93</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CROWN POINT NY CENTRL SCH DIST</name>
        <lei>N/A</lei>
        <title>Crown Point Central School District</title>
        <cusip>228561EV4</cusip>
        <identifiers>
          <isin value="US228561EV49"/>
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        <balance>2760980.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2762054.8500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.7500000000</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>RIVER EDGE NJ</name>
        <lei>N/A</lei>
        <title>Borough of River Edge NJ</title>
        <cusip>768126GJ7</cusip>
        <identifiers>
          <isin value="US768126GJ79"/>
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        <balance>1789000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1789227.2000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.7500000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TEXAS ST MUNI GAS ACQUISITION &amp; SPLY CORP VI GAS SPLY REV</name>
        <lei>254900OCOQCKZZ4U6C83</lei>
        <title>Texas Municipal Gas Acquisition &amp; Supply Corp VI</title>
        <cusip>88256FAA0</cusip>
        <identifiers>
          <isin value="US88256FAA03"/>
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        <balance>400000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>403752.4000000000</valUSD>
        <pctVal>0.0830192593</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</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>EAST ORANGE N J</name>
        <lei>N/A</lei>
        <title>City of East Orange NJ</title>
        <cusip>274137Y51</cusip>
        <identifiers>
          <isin value="US274137Y519"/>
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        <balance>1368650.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1369164.7500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.5</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>EMERSON NJ</name>
        <lei>N/A</lei>
        <title>Borough of Emerson NJ</title>
        <cusip>291065HL7</cusip>
        <identifiers>
          <isin value="US291065HL70"/>
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        <balance>1508000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1508478.9400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.7500000000</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>WESTWOOD NJ</name>
        <lei>N/A</lei>
        <title>Borough of Westwood NJ</title>
        <cusip>961794LJ1</cusip>
        <identifiers>
          <isin value="US961794LJ17"/>
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        <balance>1484000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1484517.1700000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.2500000000</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>FLORIDA ST HSG FIN CORP MF MTGE REVENUE</name>
        <lei>549300W0PCIJCI0JCF10</lei>
        <title>Florida Housing Finance Corp</title>
        <cusip>34074HHW5</cusip>
        <identifiers>
          <isin value="US34074HHW51"/>
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        <balance>2100000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2101725.7800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.1000000000</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>
      <invstOrSec>
        <name>GARFIELD CNTY OK INDL AUTH POLL CONTROL REVENUE</name>
        <lei>N/A</lei>
        <title>Garfield County Industrial Authority</title>
        <cusip>365753AW2</cusip>
        <identifiers>
          <isin value="US365753AW24"/>
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        <balance>5100000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>5100000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-10-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.7500000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>GILBERTSVILLE-MOUNT UPTON NY CENTRL SCH DIST</name>
        <lei>N/A</lei>
        <title>Gilbertsville-Mount Upton Central School District</title>
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          <isin value="US37546SAB79"/>
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        <balance>1500000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1500654.9000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.0000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HAMILTON CNTY OH HLTH CARE FACS REVENUE</name>
        <lei>549300TO1E3N4E4YIO28</lei>
        <title>County of Hamilton OH</title>
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          <isin value="US40727TDP66"/>
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        <balance>365000.00</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>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HANOVER TWP NJ</name>
        <lei>N/A</lei>
        <title>Township of Hanover NJ</title>
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          <isin value="US411216AL87"/>
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        <balance>1738000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1739428.8100000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.7500000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
        <cusip>4521526R7</cusip>
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          <isin value="US4521526R78"/>
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        <balance>1385000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1423692.7500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
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      <invstOrSec>
        <name>JP MORGAN CHASE &amp; COMPANY</name>
        <lei>N/A</lei>
        <title>JPMorgan Chase Putters/Drivers Trust</title>
        <cusip>46640KB94</cusip>
        <identifiers>
          <isin value="US46640KB949"/>
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        <balance>7000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>7000000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-04</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.67000055</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JP MORGAN CHASE PUTTERS</name>
        <lei>N/A</lei>
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        <cusip>46640KYX6</cusip>
        <identifiers>
          <isin value="US46640KYX61"/>
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        <balance>12400000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>12400000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MICHIGAN ST HSG DEV AUTH MF HSG REVENUE</name>
        <lei>549300NSWW1HVXE93T03</lei>
        <title>Michigan State Housing Development Authority</title>
        <cusip>59465FAR1</cusip>
        <identifiers>
          <isin value="US59465FAR10"/>
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        <balance>1500000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1500380.2500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.0000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MIZUHO FLOATER/RESIDUAL TRUST VARIOUS STATES</name>
        <lei>N/A</lei>
        <title>Mizuho Floater/Residual Trust</title>
        <cusip>60700HPB9</cusip>
        <identifiers>
          <isin value="US60700HPB95"/>
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        <balance>6000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>6000000.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.7500000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MIZUHO FLOATER/RESIDUAL TRUST VARIOUS STATES</name>
        <lei>N/A</lei>
        <title>Mizuho Floater/Residual Trust</title>
        <cusip>60700HPG8</cusip>
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          <isin value="US60700HPG82"/>
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        <balance>9000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>9000000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-12-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.7500000000</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>MOUNT MORRIS NY CENTRL SCH DIST</name>
        <lei>N/A</lei>
        <title>Mount Morris Central School District</title>
        <cusip>622100EV3</cusip>
        <identifiers>
          <isin value="US622100EV33"/>
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        <balance>3000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>3001146.3000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.7500000000</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>POLK CNTY FL HSG FIN AUTH MF HSG REVENUE</name>
        <lei>N/A</lei>
        <title>Polk County Housing Finance Authority</title>
        <cusip>731903BP4</cusip>
        <identifiers>
          <isin value="US731903BP40"/>
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        <balance>2250000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2253031.2000000000</valUSD>
        <pctVal>0.4632665498</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.1500000000</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>PORT AUTH OF NEW YORK &amp; NEW JERSEY NY</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>Port Authority of New York &amp; New Jersey</title>
        <cusip>73358WR63</cusip>
        <identifiers>
          <isin value="US73358WR630"/>
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        <balance>1000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1006429.7000000000</valUSD>
        <pctVal>0.2069413041</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MEADE CNTY KY</name>
        <lei>N/A</lei>
        <title>County of Meade KY</title>
        <cusip>583022AC2</cusip>
        <identifiers>
          <isin value="US583022AC21"/>
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        <balance>250000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>250000.0000000000</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>2060-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.2</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>MIZUHO FLOATER/RESIDUAL TRUST VARIOUS STATES</name>
        <lei>N/A</lei>
        <title>Mizuho Floater/Residual Trust</title>
        <cusip>60700HUN7</cusip>
        <identifiers>
          <isin value="US60700HUN78"/>
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        <balance>1120000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1120000.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.8000000000</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>PORT AUTH OF NEW YORK &amp; NEW JERSEY NY</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>Port Authority of New York &amp; New Jersey</title>
        <cusip>73358XBX9</cusip>
        <identifiers>
          <isin value="US73358XBX93"/>
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        <balance>1000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1008350.8000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PORT PORT ARTHUR NAVIGATION DISTRICT (TX)</name>
        <lei>N/A</lei>
        <title>TX PPATRN 11/01/2040</title>
        <cusip>735220AW5</cusip>
        <identifiers>
          <isin value="US735220AW56"/>
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        <balance>14000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>14000000.0000000000</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>2040-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.77</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY (NY)</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>NY NYCUTL 06/15/2044</title>
        <cusip>64972GC44</cusip>
        <identifiers>
          <isin value="US64972GC444"/>
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        <balance>2400000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2400000.0000000000</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>2044-06-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.85</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>OXFORD ACADEMY &amp; CENTRL SCH DIST NY</name>
        <lei>N/A</lei>
        <title>Oxford Academy &amp; Central School District</title>
        <cusip>69138SCJ5</cusip>
        <identifiers>
          <isin value="US69138SCJ50"/>
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        <balance>2500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2500879.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.7500000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY (PA)</name>
        <lei>N/A</lei>
        <title>Pennsylvania Economic Development Financing Authority</title>
        <cusip>708692BP2</cusip>
        <identifiers>
          <isin value="US708692BP27"/>
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        <balance>4000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4006117.2000000000</valUSD>
        <pctVal>0.8237347504</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.875</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RIB FLOATER TR VARIOUS STS</name>
        <lei>N/A</lei>
        <title>Rib Floater Trust Various States</title>
        <cusip>76252PSA8</cusip>
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          <isin value="US76252PSA83"/>
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        <balance>1445000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1445000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.91999855</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>ROCKAWAY BORO NJ</name>
        <lei>N/A</lei>
        <title>Borough of Rockaway NJ</title>
        <cusip>772783CM6</cusip>
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          <isin value="US772783CM66"/>
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        <balance>1675712.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1676031.0600000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.0000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ROXBURY TWP NJ</name>
        <lei>N/A</lei>
        <title>Township of Roxbury NJ</title>
        <cusip>779868MK1</cusip>
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          <isin value="US779868MK10"/>
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        <balance>1887300.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1888371.9900000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.7500000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PORT OF PORT ARTHUR TX NAV DIST</name>
        <lei>N/A</lei>
        <title>Port of Port Arthur Navigation District</title>
        <cusip>735220AX3</cusip>
        <identifiers>
          <isin value="US735220AX30"/>
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        <balance>2150000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2150000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.7000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RIDGEFIELD PARK N J</name>
        <lei>N/A</lei>
        <title>Village of Ridgefield Park NJ</title>
        <cusip>765871ET1</cusip>
        <identifiers>
          <isin value="US765871ET15"/>
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        <balance>1500000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1504927.3500000000</valUSD>
        <pctVal>0.3094420091</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW YORK NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>City of New York NY</title>
        <cusip>64966ML98</cusip>
        <identifiers>
          <isin value="US64966ML981"/>
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        <balance>5000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>5000000.0000000000</valUSD>
        <pctVal>1.0280961706</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-12-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.8500000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NUVEEN NEW YORK AMT-FREE MUN INCOME FD</name>
        <lei>549300V4X2BF3UXSCQ58</lei>
        <title>Nuveen New York AMT-Free Quality Municipal Income Fund</title>
        <cusip>670656867</cusip>
        <identifiers>
          <isin value="US6706568671"/>
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        <balance>3900000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3900000.0000000000</valUSD>
        <pctVal>0.8019150131</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-05-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.82</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NUVEEN AMT-FREE QUALITY MUNICIPAL INCOME FUND</name>
        <lei>549300OTYQOOXS64NI63</lei>
        <title>Nuveen AMT-Free Quality Municipal Income Fund</title>
        <cusip>670657774</cusip>
        <identifiers>
          <isin value="US6706577748"/>
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        <balance>2300000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2300000.0000000000</valUSD>
        <pctVal>0.4729242385</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.27</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OAKFIELD-ALABAMA N Y CENT SCH DIST</name>
        <lei>N/A</lei>
        <title>Oakfield-Alabama Central School District</title>
        <cusip>672138HL1</cusip>
        <identifiers>
          <isin value="US672138HL17"/>
        </identifiers>
        <balance>2000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2000969.4000000000</valUSD>
        <pctVal>0.4114377955</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75</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>PEFA INC IA GAS PROJ REVENUE</name>
        <lei>549300RSE249DJNRHY07</lei>
        <title>PEFA Inc</title>
        <cusip>70556CAC8</cusip>
        <identifiers>
          <isin value="US70556CAC82"/>
        </identifiers>
        <balance>780000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>789647.6600000000</valUSD>
        <pctVal>0.1623667471</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV</name>
        <lei>N/A</lei>
        <title>Pennsylvania Economic Development Financing Authority</title>
        <cusip>708692BV9</cusip>
        <identifiers>
          <isin value="US708692BV94"/>
        </identifiers>
        <balance>2750000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2749875.7000000000</valUSD>
        <pctVal>0.5654273354</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-04-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.2500000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ST HSG FIN AGY MF HSG REVENUE</name>
        <lei>549300JZVUPNWP77SP29</lei>
        <title>Pennsylvania Housing Finance Agency</title>
        <cusip>708797BJ3</cusip>
        <identifiers>
          <isin value="US708797BJ37"/>
        </identifiers>
        <balance>1698000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1699698.1700000000</valUSD>
        <pctVal>0.3494906359</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.1500000000</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>ROBBINSVILLE TWP NJ MERCER CNTY</name>
        <lei>N/A</lei>
        <title>Township of Robbinsville NJ</title>
        <cusip>770286NK4</cusip>
        <identifiers>
          <isin value="US770286NK46"/>
        </identifiers>
        <balance>1940020.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1941694.6300000000</valUSD>
        <pctVal>0.3992497627</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.0000000000</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>SAINT JAMES PARISH LA REVENUE</name>
        <lei>N/A</lei>
        <title>Parish of St James LA</title>
        <cusip>790103AH8</cusip>
        <identifiers>
          <isin value="US790103AH86"/>
        </identifiers>
        <balance>470000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>470000.0000000000</valUSD>
        <pctVal>0.0966410400</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.7500000000</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>SAINT LUCIE CNTY FL POLL CONTROL REVENUE</name>
        <lei>N/A</lei>
        <title>County of St Lucie FL</title>
        <cusip>792070BH6</cusip>
        <identifiers>
          <isin value="US792070BH64"/>
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        <balance>235000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>235000.0000000000</valUSD>
        <pctVal>0.0483205200</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.6700000000</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>WEST WILDWOOD NJ</name>
        <lei>N/A</lei>
        <title>Borough of West Wildwood NJ</title>
        <cusip>956874DP3</cusip>
        <identifiers>
          <isin value="US956874DP38"/>
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        <balance>2654920.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2653103.2400000000</valUSD>
        <pctVal>0.5455290562</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.2500000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SUSSEX NJ</name>
        <lei>N/A</lei>
        <title>Borough of Sussex NJ</title>
        <cusip>869291DA9</cusip>
        <identifiers>
          <isin value="US869291DA92"/>
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        <balance>3009625.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3012670.4400000000</valUSD>
        <pctVal>0.6194629885</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.0000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES</name>
        <lei>N/A</lei>
        <title>Tender Option Bond Trust Receipts/Certificates</title>
        <cusip>88035HM37</cusip>
        <identifiers>
          <isin value="US88035HM373"/>
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        <balance>2095000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2095000.0000000000</valUSD>
        <pctVal>0.4307722955</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.8700000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ALABAMA POWER COMPANY</name>
        <lei>0RL818ELFOHP5JHOFU19</lei>
        <title>AL WALPOL 08/01/2063</title>
        <cusip>931542AC8</cusip>
        <identifiers>
          <isin value="US931542AC80"/>
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        <balance>1000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1000000.0000000000</valUSD>
        <pctVal>0.2056192341</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2063-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.9</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WATERTOWN NY ENLARGED CITY SCH DIST</name>
        <lei>N/A</lei>
        <title>Watertown Enlarged City School District</title>
        <cusip>942116AX2</cusip>
        <identifiers>
          <isin value="US942116AX21"/>
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        <balance>3000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3001701.3000000000</valUSD>
        <pctVal>0.6172075224</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.2500000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WAYNE CNTY MI ARPT AUTH REVENUE</name>
        <lei>N/A</lei>
        <title>Wayne County Airport Authority</title>
        <cusip>9445142R8</cusip>
        <identifiers>
          <isin value="US9445142R87"/>
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        <balance>4700000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4837471.2400000000</valUSD>
        <pctVal>0.9946771314</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WEST VIRGINIA ST HSG DEV FUND MF HSG REVENUE</name>
        <lei>N/A</lei>
        <title>West Virginia Housing Development Fund</title>
        <cusip>956629AJ8</cusip>
        <identifiers>
          <isin value="US956629AJ86"/>
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        <balance>1950000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1952393.6300000000</valUSD>
        <pctVal>0.4014496829</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.2000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>RIVERSIDE TWP NJ</name>
        <lei>N/A</lei>
        <title>Township of Riverside NJ</title>
        <cusip>769290FY8</cusip>
        <identifiers>
          <isin value="US769290FY87"/>
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        <balance>3619000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3619741.1700000000</valUSD>
        <pctVal>0.7442884071</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.2500000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAINT JAMES PARISH LA REVENUE</name>
        <lei>N/A</lei>
        <title>Parish of St James LA</title>
        <cusip>790103AG0</cusip>
        <identifiers>
          <isin value="US790103AG04"/>
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        <balance>1250000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1250000.0000000000</valUSD>
        <pctVal>0.2570240426</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.8200000000</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>WESTMORELAND NY CENTRL SCH DIST</name>
        <lei>N/A</lei>
        <title>Westmoreland Central School District</title>
        <cusip>961085GT8</cusip>
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          <isin value="US961085GT85"/>
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        <curCd>USD</curCd>
        <valUSD>1835558.0200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.5000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SUMTER CNTY FL INDL DEV AUTH SOL WST DISP REVENUE</name>
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        <title>Sumter County Industrial Development Authority/FL</title>
        <cusip>866531AA4</cusip>
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          <isin value="US866531AA42"/>
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        <curCd>USD</curCd>
        <valUSD>1020000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-03-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.8000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES</name>
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        <title>Tender Option Bond Trust Receipts/Certificates</title>
        <cusip>88035JUH3</cusip>
        <identifiers>
          <isin value="US88035JUH30"/>
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        <balance>5790000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>5790000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.8500000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES</name>
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        <title>Tender Option Bond Trust Receipts/Certificates</title>
        <cusip>88035MDW2</cusip>
        <identifiers>
          <isin value="US88035MDW29"/>
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        <balance>4600000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>4600000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-11-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.7700000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>TENDER OPTION BOND TRUST</name>
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        <title>PA TENGEN 01/01/2033</title>
        <cusip>88035PAW8</cusip>
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          <isin value="US88035PAW86"/>
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        <curCd>USD</curCd>
        <valUSD>700000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>3.07</annualizedRt>
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      <invstOrSec>
        <name>TENDER OPT BD TR RCPTS / CTFS VAR STS</name>
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        <title>Tender Option Bond Trust Receipts/Certificates</title>
        <cusip>88035PWX2</cusip>
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          <isin value="US88035PWX22"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.42999845</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES</name>
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        <title>Tender Option Bond Trust Receipts/Certificates</title>
        <cusip>88035TXW5</cusip>
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          <isin value="US88035TXW51"/>
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        <balance>5000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>5000000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-07-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.8800000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WARSAW N Y CENT SCH DIST</name>
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          <isin value="US936466EN76"/>
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        <balance>2700000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2701077.0300000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WARWICK N Y</name>
        <lei>N/A</lei>
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          <isin value="US936614DZ66"/>
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        <balance>1265954.00</balance>
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        <valUSD>1266540.3900000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-20</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WAYNE CNTY MI ARPT AUTH REVENUE</name>
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        <title>Wayne County Airport Authority</title>
        <cusip>9445142Q0</cusip>
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          <isin value="US9445142Q05"/>
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        <balance>5250000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>5300163.7500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WEST VIRGINIA ST ECON DEV AUTH SOL WST DISP FACS</name>
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        <cusip>95648VBZ1</cusip>
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          <isin value="US95648VBZ13"/>
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        <balance>4500000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>4500000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-11-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.8500000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BURKE COUNTY DEVELOPMENT AUTHORITY (GA)</name>
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        <title>GA BURPOL 11/01/2052</title>
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          <isin value="US121342NQ89"/>
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        <balance>3800000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>3800000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.93</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>J P MORGAN CHASE PUTTERS / DRIVERS TR VAR STS</name>
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        <title>NH JPM 05/28/2028</title>
        <cusip>46640K4B7</cusip>
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          <isin value="US46640K4B77"/>
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        <balance>5000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>5000000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.9000002</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOGAN CNTY OH</name>
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        <title>County of Logan OH</title>
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          <isin value="US540822KJ16"/>
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        <balance>1450000.00</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>2026-08-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.1300000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MANSFIELD TWP NJ BURLINGTON CNTY</name>
        <lei>N/A</lei>
        <title>Township of Mansfield NJ/Burlington County</title>
        <cusip>564441BD4</cusip>
        <identifiers>
          <isin value="US564441BD48"/>
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        <balance>1325250.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1324925.0500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.5000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MORRISTOWN NY CENTRL SCH DIST</name>
        <lei>N/A</lei>
        <title>Morristown Central School District</title>
        <cusip>618601FT0</cusip>
        <identifiers>
          <isin value="US618601FT04"/>
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        <balance>1844000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1844397.0100000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.3500000000</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>NETCONG NJ</name>
        <lei>N/A</lei>
        <title>Borough of Netcong NJ</title>
        <cusip>641083DS6</cusip>
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          <isin value="US641083DS63"/>
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        <balance>2000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2000586.0000000000</valUSD>
        <pctVal>0.4113589611</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.1000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEW MILFORD NJ</name>
        <lei>549300C6EL13MY0S8I27</lei>
        <title>Borough of New Milford NJ</title>
        <cusip>647497GP5</cusip>
        <identifiers>
          <isin value="US647497GP52"/>
        </identifiers>
        <balance>1000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1002105.5000000000</valUSD>
        <pctVal>0.2060521654</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.5000000000</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>OKLAHOMA HOUSING FINANCE AGENCY (OK)</name>
        <lei>N/A</lei>
        <title>OKLAHOMA HSG FIN AG 3.35</title>
        <cusip>67886UAR2</cusip>
        <identifiers>
          <isin value="US67886UAR23"/>
        </identifiers>
        <balance>3150000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3158920.4900000000</valUSD>
        <pctVal>0.6495348118</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.35</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>SAINT LOUIS MO ARPT REVENUE</name>
        <lei>N/A</lei>
        <title>City of St Louis MO Airport Revenue</title>
        <cusip>791638XV6</cusip>
        <identifiers>
          <isin value="US791638XV67"/>
        </identifiers>
        <balance>1950000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1953806.7900000000</valUSD>
        <pctVal>0.4017402558</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.2500000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-07-27</ncom:dateSigned>
      <ncom:nameOfApplicant>Federated Hermes Adviser Series</ncom:nameOfApplicant>
      <ncom:signature>Stephen Van Meter</ncom:signature>
      <ncom:signerName>Federated Hermes Adviser Series</ncom:signerName>
      <ncom:title>Chief Compliance Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
