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      <regCik>0001710607</regCik>
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      <regStreet1>4500 Main St</regStreet1>
      <regCity>Kansas City</regCity>
      <regStateConditional regCountry="US" regState="US-MO"/>
      <regZipOrPostalCode>64111</regZipOrPostalCode>
      <regPhone>816-531-5575</regPhone>
      <seriesName>American Century California Municipal Bond ETF</seriesName>
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        <name>PRS-CALIFORNIA OBLIG GRP</name>
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          <ticker value="CASFIN"/>
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          <ticker value="CASFIN"/>
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          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>ESKATON PPTYS INC OBLG GP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 11/15/2044</title>
        <cusip>13048VZ92</cusip>
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          <ticker value="CASFIN"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CARITAS CORP CMFA MOBILE</name>
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        <cusip>13049SGA6</cusip>
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          <ticker value="CASFIN"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CHF-DAVIS I LLC</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <cusip>13049YBK6</cusip>
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          <ticker value="CASFIN"/>
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      <invstOrSec>
        <name>United Airlines Inc</name>
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        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 09/01/2048</title>
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          <ticker value="CASGEN"/>
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      <invstOrSec>
        <name>ASCENT 613</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.38% 01/01/2055</title>
        <cusip>13051EAJ9</cusip>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>HENRY MAYO NEWHALL HSP OB</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority 5.00% 10/15/2037</title>
        <cusip>13057EAK0</cusip>
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          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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          <isin value="US13057GAB59"/>
          <ticker value="CASMED"/>
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        <curCd>USD</curCd>
        <valUSD>245006.4300000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Alameda Corridor Transportation Authority</name>
        <lei>N/A</lei>
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        <cusip>010869HB4</cusip>
        <identifiers>
          <isin value="US010869HB41"/>
          <ticker value="ALATRN"/>
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        <balance>120000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>122250.1300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-10-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Alameda Corridor Transportation Authority</name>
        <lei>N/A</lei>
        <title>Alameda Corridor Transportation Authority 5.00% 10/01/2035</title>
        <cusip>010869HG3</cusip>
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          <isin value="US010869HG38"/>
          <ticker value="ALATRN"/>
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        <curCd>USD</curCd>
        <valUSD>514221.3000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bay Area Toll Authority</name>
        <lei>5493001FUZGUQMIP5D78</lei>
        <title>Bay Area Toll Authority 4.00% 04/01/2030</title>
        <cusip>072024VD1</cusip>
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          <isin value="US072024VD19"/>
          <ticker value="BAYTRN"/>
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        <balance>475000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>485907.3800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</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>Bay Area Toll Authority</name>
        <lei>5493001FUZGUQMIP5D78</lei>
        <title>Bay Area Toll Authority 4.00% 04/01/2038</title>
        <cusip>072024VN9</cusip>
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          <isin value="US072024VN90"/>
          <ticker value="BAYTRN"/>
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        <balance>90000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>90573.4100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BlackRock Liquidity Funds MuniCash</name>
        <lei>549300RWBJ885673DL84</lei>
        <title>BlackRock Liquidity Funds MuniCash</title>
        <cusip>09248U841</cusip>
        <identifiers>
          <isin value="US09248U8412"/>
          <ticker value="MCSXX"/>
          <other otherDesc="SEDOL" value="B0BW5H6"/>
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        <balance>78225.2000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>78233.0200000000</valUSD>
        <pctVal>0.2392901639</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CSCDA Community Improvement Authority</name>
        <lei>N/A</lei>
        <title>CSCDA Community Improvement Authority 2.80% 03/01/2047</title>
        <cusip>126292BA8</cusip>
        <identifiers>
          <isin value="US126292BA80"/>
          <ticker value="CDAHSG"/>
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        <balance>250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>190059.6500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.800000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Los Angeles Unified School District/CA</name>
        <lei>N/A</lei>
        <title>Los Angeles Unified School District/CA 5.00% 07/01/2025</title>
        <cusip>544647HS2</cusip>
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          <isin value="US544647HS23"/>
          <ticker value="LOSSCD"/>
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        <curCd>USD</curCd>
        <valUSD>100812.8300000000</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>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Los Angeles County Public Works Financing Authority</name>
        <lei>N/A</lei>
        <title>Los Angeles County Public Works Financing Authority 5.00% 12/01/2027</title>
        <cusip>54473ERF3</cusip>
        <identifiers>
          <isin value="US54473ERF33"/>
          <ticker value="LOSFAC"/>
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        <balance>500000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>508326.9000000000</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>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>Los Angeles County Public Works Financing Authority</name>
        <lei>N/A</lei>
        <title>Los Angeles County Public Works Financing Authority 5.50% 12/01/2053</title>
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          <isin value="US54473EYP32"/>
          <ticker value="LOSFAC"/>
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        <curCd>USD</curCd>
        <valUSD>170620.1400000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>County of Los Angeles CA Community Facilities District No 2021-01</name>
        <lei>N/A</lei>
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          <ticker value="LOSDEV"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Los Rios Community College District</name>
        <lei>549300POMNL5W7FEFO13</lei>
        <title>Los Rios Community College District 5.00% 08/01/2026</title>
        <cusip>545624SL3</cusip>
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          <ticker value="LRSHGR"/>
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        <curCd>USD</curCd>
        <valUSD>258456.1800000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>M-S-R Energy Authority</name>
        <lei>549300UEMSS1JTK5YB98</lei>
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        <cusip>55374SAJ9</cusip>
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          <ticker value="MSRPWR"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Monterey Peninsula Unified School District</name>
        <lei>N/A</lei>
        <title>Monterey Peninsula Unified School District 4.00% 08/01/2043</title>
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          <ticker value="MPNSCD"/>
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        <issuerCat>MUN</issuerCat>
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        <name>Morgan Hill Unified School District</name>
        <lei>N/A</lei>
        <title>Morgan Hill Unified School District 0.00% 08/01/2026</title>
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          <isin value="US617403CL23"/>
          <ticker value="MORSCD"/>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mount San Antonio Community College District</name>
        <lei>N/A</lei>
        <title>Mount San Antonio Community College District 5.00% 08/01/2041</title>
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          <isin value="US623040PU08"/>
          <ticker value="MSAHGR"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mountain View School District School Facilities Improvement District No 2</name>
        <lei>N/A</lei>
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          <isin value="US62440CAY75"/>
          <ticker value="MOUSCD"/>
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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>
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          <couponKind>None</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>New Hampshire Business Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US63607WBB90"/>
          <ticker value="NFADEV"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Northern California Sanitation Agencies Financing Authority</name>
        <lei>549300MSDPX3EYMUYV38</lei>
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          <isin value="US66484EAN58"/>
          <ticker value="SACUTL"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Oakland Unified School District/Alameda County</name>
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        <cusip>672325H83</cusip>
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          <isin value="US672325H836"/>
          <ticker value="OAKSCD"/>
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        <curCd>USD</curCd>
        <valUSD>202392.1200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Ontario International Airport Authority</name>
        <lei>N/A</lei>
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          <isin value="US683042AM72"/>
          <ticker value="ONATRN"/>
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        <curCd>USD</curCd>
        <valUSD>268305.0000000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-05-15</maturityDt>
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        <securityLending>
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      <invstOrSec>
        <name>Ontario Public Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US68304SBV97"/>
          <ticker value="OPFWTR"/>
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        <curCd>USD</curCd>
        <valUSD>422153.7100000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>City of Ontario CA Community Facilities District No 64</name>
        <lei>N/A</lei>
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        <cusip>68305GAL7</cusip>
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          <isin value="US68305GAL77"/>
          <ticker value="ONTFAC"/>
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        <curCd>USD</curCd>
        <valUSD>107490.1400000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>Orange County Community Facilities District</name>
        <lei>N/A</lei>
        <title>Orange County Community Facilities District 5.00% 08/15/2032</title>
        <cusip>68423PWU0</cusip>
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          <isin value="US68423PWU01"/>
          <ticker value="ORAFAC"/>
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        <curCd>USD</curCd>
        <valUSD>127719.3100000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>PALOMAR HEALTH OBLIG GRP</name>
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        <cusip>697528AR8</cusip>
        <identifiers>
          <isin value="US697528AR88"/>
          <ticker value="PMRMED"/>
          <other otherDesc="SEDOL" value="BHZYPV1"/>
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        <curCd>USD</curCd>
        <valUSD>117099.7900000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Peninsula Corridor Joint Powers Board/CA</name>
        <lei>549300EWZ3063STMF882</lei>
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        <cusip>707120CL3</cusip>
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          <isin value="US707120CL32"/>
          <ticker value="PECFAC"/>
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        <curCd>USD</curCd>
        <valUSD>219038.2600000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Southern California Public Power Authority</name>
        <lei>5493003B5TD5FWUKMD34</lei>
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          <isin value="US842477TZ49"/>
          <ticker value="STNPWR"/>
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        <curCd>USD</curCd>
        <valUSD>80090.6700000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>Southern California Public Power Authority</name>
        <lei>5493003B5TD5FWUKMD34</lei>
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          <ticker value="STNPWR"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>Southern California Public Power Authority</name>
        <lei>5493003B5TD5FWUKMD34</lei>
        <title>Southern California Public Power Authority 5.00% 07/01/2025</title>
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          <isin value="US84247PNE78"/>
          <ticker value="STNPWR"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>Los Angeles Unified School District/CA</name>
        <lei>N/A</lei>
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        <cusip>544647HQ6</cusip>
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          <isin value="US544647HQ66"/>
          <ticker value="LOSSCD"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Redwood City Redevelopment Agency Successor Agency</name>
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          <isin value="US757887BN39"/>
          <ticker value="RWCDEV"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>Riverside County Transportation Commission</name>
        <lei>5493003G0IESJS57M350</lei>
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        <cusip>76912DAZ1</cusip>
        <identifiers>
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          <ticker value="RIVTRN"/>
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        <valUSD>561137.8300000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Riverside County Public Financing Authority</name>
        <lei>N/A</lei>
        <title>Riverside County Public Financing Authority 5.00% 10/01/2026</title>
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          <isin value="US76912TNQ21"/>
          <ticker value="RIVGEN"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <securityLending>
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      <invstOrSec>
        <name>City of Roseville CA</name>
        <lei>549300OH100KESVPND17</lei>
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          <isin value="US7778706N10"/>
          <ticker value="ROSGEN"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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        <name>San Diego Unified School District/CA</name>
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        <name>SANFORD BURNHAM PREBYS</name>
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        <name>SANFORD BURNHAM PREBYS</name>
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        <name>San Francisco City &amp; County Airport Comm-San Francisco International Airport</name>
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        <name>San Francisco City &amp; County Redevelopment Agency Successor Agency</name>
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      <invstOrSec>
        <name>City of San Francisco CA Public Utilities Commission Water Revenue</name>
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        <name>San Jose Evergreen Community College District</name>
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        <name>San Mateo Foster City Public Financing Authority</name>
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        <name>City of Santa Ana CA Gas Tax Revenue</name>
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        <name>Santa Clara Valley Water District Safe Clean Water Revenue</name>
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      <invstOrSec>
        <name>USC OBLIGATED GROUP</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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        <curCd>USD</curCd>
        <valUSD>131295.9500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Central Valley Energy Authority</name>
        <lei>254900G5IPQ9MA3FRJ55</lei>
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          <isin value="US15569DAA00"/>
          <ticker value="CTVPWR"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Del Mar Union School District</name>
        <lei>N/A</lei>
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          <isin value="US245157EB47"/>
          <ticker value="DMRSCD"/>
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        <curCd>USD</curCd>
        <valUSD>296537.5700000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-09-01</maturityDt>
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        <securityLending>
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      <invstOrSec>
        <name>City of Dublin CA</name>
        <lei>N/A</lei>
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        <cusip>26362DBU1</cusip>
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          <isin value="US26362DBU19"/>
          <ticker value="DUB"/>
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        <curCd>USD</curCd>
        <valUSD>410067.4500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>East County Advanced Water Purification Joint Powers Authority</name>
        <lei>N/A</lei>
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        <cusip>271843AB0</cusip>
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          <isin value="US271843AB05"/>
          <ticker value="EAWWTR"/>
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        <curCd>USD</curCd>
        <valUSD>690671.3700000000</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>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>El Dorado Irrigation District</name>
        <lei>54930090GZM9I8KVSN04</lei>
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        <cusip>283059GE7</cusip>
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          <isin value="US283059GE75"/>
          <ticker value="EDRWTR"/>
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        <curCd>USD</curCd>
        <valUSD>169789.7600000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>Elk Grove Finance Authority</name>
        <lei>N/A</lei>
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        <cusip>287254CW4</cusip>
        <identifiers>
          <isin value="US287254CW48"/>
          <ticker value="ELKGEN"/>
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        <balance>200000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>201909.3200000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Foothill-Eastern Transportation Corridor Agency</name>
        <lei>N/A</lei>
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        <cusip>345105JH4</cusip>
        <identifiers>
          <isin value="US345105JH47"/>
          <ticker value="FOOTRN"/>
          <other otherDesc="SEDOL" value="BS4BKJ3"/>
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        <curCd>USD</curCd>
        <valUSD>255367.2400000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Glendale CA Electric Revenue</name>
        <lei>N/A</lei>
        <title>City of Glendale CA Electric Revenue 5.00% 02/01/2046</title>
        <cusip>378406PN6</cusip>
        <identifiers>
          <isin value="US378406PN63"/>
          <ticker value="GLEPWR"/>
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        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>213552.6000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Antonio B Won Pat International Airport Authority</name>
        <lei>N/A</lei>
        <title>Antonio B Won Pat International Airport Authority 5.25% 10/01/2035</title>
        <cusip>40064RFR5</cusip>
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          <isin value="US40064RFR57"/>
          <ticker value="GMSAPT"/>
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        <balance>100000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>108196.2000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>Port Authority of Guam</name>
        <lei>N/A</lei>
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        <cusip>400652AF0</cusip>
        <identifiers>
          <isin value="US400652AF06"/>
          <ticker value="GMSTRN"/>
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        <balance>135000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>140178.5600000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>Guam Power Authority</name>
        <lei>549300IPOV320QCKW060</lei>
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        <cusip>400653KR1</cusip>
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          <isin value="US400653KR17"/>
          <ticker value="GMSPWR"/>
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        <curCd>USD</curCd>
        <valUSD>377479.3100000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hastings Campus Housing Finance Authority</name>
        <lei>N/A</lei>
        <title>Hastings Campus Housing Finance Authority 5.00% 07/01/2061</title>
        <cusip>418338AB5</cusip>
        <identifiers>
          <isin value="US418338AB53"/>
          <ticker value="HCHGEN"/>
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        <curCd>USD</curCd>
        <valUSD>236962.7800000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2061-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <name>Independent Cities Finance Authority</name>
        <lei>549300ZZZYTBUL6FR983</lei>
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        <cusip>45384PAL9</cusip>
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          <isin value="US45384PAL94"/>
          <ticker value="IDCGEN"/>
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        <curCd>USD</curCd>
        <valUSD>251118.6300000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>Independent Cities Finance Authority</name>
        <lei>549300ZZZYTBUL6FR983</lei>
        <title>Independent Cities Finance Authority 4.00% 06/01/2051</title>
        <cusip>45384PAP0</cusip>
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          <isin value="US45384PAP09"/>
          <ticker value="IDCGEN"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>Los Angeles Community College District/CA</name>
        <lei>N/A</lei>
        <title>Los Angeles Community College District/CA 5.00% 08/01/2026</title>
        <cusip>54438CYX4</cusip>
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          <isin value="US54438CYX46"/>
          <ticker value="LOSHGR"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Santa Clara Valley Water</name>
        <lei>N/A</lei>
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          <isin value="US80168QDR02"/>
          <ticker value="SCVWTR"/>
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        <curCd>USD</curCd>
        <valUSD>508446.8000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sonoma County Water Agency</name>
        <lei>N/A</lei>
        <title>Sonoma County Water Agency 4.00% 07/01/2047</title>
        <cusip>835577LG0</cusip>
        <identifiers>
          <isin value="US835577LG01"/>
          <ticker value="SONWTR"/>
        </identifiers>
        <balance>145000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>145510.9700000000</valUSD>
        <pctVal>0.4450722196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</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>Southern California Public Power Authority</name>
        <lei>5493003B5TD5FWUKMD34</lei>
        <title>Southern California Public Power Authority 5.00% 07/01/2048</title>
        <cusip>842469BJ6</cusip>
        <identifiers>
          <isin value="US842469BJ64"/>
          <ticker value="STNPWR"/>
        </identifiers>
        <balance>100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>105877.2300000000</valUSD>
        <pctVal>0.3238450940</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>VIEW AT SAN BRUNO LP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 06/01/2056</title>
        <cusip>130483HC7</cusip>
        <identifiers>
          <isin value="US130483HC75"/>
          <ticker value="CASMFH"/>
        </identifiers>
        <balance>30000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>31955.3800000000</valUSD>
        <pctVal>0.0977414411</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.000000000000000</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>Republic Services Inc</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 3.80% 07/01/2041</title>
        <cusip>13048RAJ6</cusip>
        <identifiers>
          <isin value="US13048RAJ68"/>
          <ticker value="CASPOL"/>
        </identifiers>
        <balance>250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>250003.8000000000</valUSD>
        <pctVal>0.7646828700</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>3.800000000000000</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>Los Angeles Department of Water &amp; Power</name>
        <lei>549300S8NXV6YU61GG95</lei>
        <title>Los Angeles Department of Water &amp; Power 3.44% 07/01/2035</title>
        <cusip>544495DW1</cusip>
        <identifiers>
          <isin value="US544495DW16"/>
          <ticker value="LOSUTL"/>
        </identifiers>
        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>200000.0000000000</valUSD>
        <pctVal>0.6117369976</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.440000000000000</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>Los Angeles Department of Water &amp; Power Power System Revenue</name>
        <lei>549300S8NXV6YU61GG95</lei>
        <title>Los Angeles Department of Water &amp; Power 3.41% 07/01/2051</title>
        <cusip>544532BP8</cusip>
        <identifiers>
          <isin value="US544532BP87"/>
          <ticker value="LOSUTL"/>
        </identifiers>
        <balance>300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>300000.0000000000</valUSD>
        <pctVal>0.9176054965</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.410000000000000</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>Los Angeles Department of Water &amp; Power</name>
        <lei>549300S8NXV6YU61GG95</lei>
        <title>Los Angeles Department of Water &amp; Power 5.25% 07/01/2054</title>
        <cusip>544532NK6</cusip>
        <identifiers>
          <isin value="US544532NK62"/>
          <ticker value="LOSUTL"/>
        </identifiers>
        <balance>250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>269416.4000000000</valUSD>
        <pctVal>0.8240598983</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Port of Los Angeles</name>
        <lei>N/A</lei>
        <title>Port of Los Angeles 5.00% 08/01/2035</title>
        <cusip>544552C67</cusip>
        <identifiers>
          <isin value="US544552C675"/>
          <ticker value="LOSTRN"/>
        </identifiers>
        <balance>250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>279257.5300000000</valUSD>
        <pctVal>0.8541608148</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Los Angeles Housing Authority</name>
        <lei>N/A</lei>
        <title>Los Angeles Housing Authority 3.75% 04/01/2034</title>
        <cusip>544562CP4</cusip>
        <identifiers>
          <isin value="US544562CP48"/>
          <ticker value="LOSMFH"/>
        </identifiers>
        <balance>100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100732.3200000000</valUSD>
        <pctVal>0.3081084350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.750000000000000</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>Los Angeles Unified School District/CA 5.00% 07/01/2026</name>
        <lei>N/A</lei>
        <title>Los Angeles Unified School District/CA 5.00% 07/01/2026</title>
        <cusip>5446465P3</cusip>
        <identifiers>
          <isin value="US5446465P31"/>
          <ticker value="LOSSCD"/>
        </identifiers>
        <balance>180000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>186084.6300000000</valUSD>
        <pctVal>0.5691742643</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>5.000000000000000</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>ASPIRE PUBLIC SCHOOLS OBL</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 08/01/2046</title>
        <cusip>13058TMA5</cusip>
        <identifiers>
          <isin value="US13058TMA50"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>300036.3600000000</valUSD>
        <pctVal>0.9177167102</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>ALLIANCE FOR CLG READY OB</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 4.00% 07/01/2034</title>
        <cusip>13058TUC2</cusip>
        <identifiers>
          <isin value="US13058TUC25"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>350000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>351835.8600000000</valUSD>
        <pctVal>1.0761550633</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</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>GRANADA HILLS CHTR OBLIG</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 07/01/2042</title>
        <cusip>13059TJN0</cusip>
        <identifiers>
          <isin value="US13059TJN00"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>259274.9300000000</valUSD>
        <pctVal>0.7930403362</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>State of California 4.00% 10/01/2041</title>
        <cusip>13063DJ41</cusip>
        <identifiers>
          <isin value="US13063DJ412"/>
          <ticker value="CAS"/>
          <other otherDesc="SEDOL" value="BQC88Q5"/>
        </identifiers>
        <balance>350000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>358385.6500000000</valUSD>
        <pctVal>1.0961888076</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>State of California 4.25% 09/01/2052</title>
        <cusip>13063DT24</cusip>
        <identifiers>
          <isin value="US13063DT247"/>
          <ticker value="CAS"/>
        </identifiers>
        <balance>385000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>391494.0600000000</valUSD>
        <pctVal>1.1974570043</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>State of California 5.00% 03/01/2032</title>
        <cusip>13063DTG3</cusip>
        <identifiers>
          <isin value="US13063DTG33"/>
          <ticker value="CAS"/>
        </identifiers>
        <balance>230000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>254076.4700000000</valUSD>
        <pctVal>0.7771398846</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>State of California 4.00% 03/01/2036</title>
        <cusip>13063DUD8</cusip>
        <identifiers>
          <isin value="US13063DUD82"/>
          <ticker value="CAS"/>
        </identifiers>
        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>208126.6800000000</valUSD>
        <pctVal>0.6365939518</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</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>Department of Veterans Affairs Veteran's Farm &amp; Home Purchase Program</name>
        <lei>N/A</lei>
        <title>Department of Veterans Affairs Veteran's Farm &amp; Home Purchase Program 4.25% 12/01/2049</title>
        <cusip>130658TX5</cusip>
        <identifiers>
          <isin value="US130658TX59"/>
          <ticker value="CASHSG"/>
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        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>498704.3000000000</valUSD>
        <pctVal>1.5253793560</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000000</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>CASTILLEJA SCH FNDTN</name>
        <lei>549300544P6FSHU1HB46</lei>
        <title>California Enterprise Development Authority 5.00% 06/01/2042</title>
        <cusip>13067REE9</cusip>
        <identifiers>
          <isin value="US13067REE99"/>
          <ticker value="CASDEV"/>
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        <balance>350000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>392113.3000000000</valUSD>
        <pctVal>1.1993510644</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>SAGE HILL SCHOOL</name>
        <lei>549300544P6FSHU1HB46</lei>
        <title>California Enterprise Development Authority 5.00% 12/01/2037</title>
        <cusip>13067REZ2</cusip>
        <identifiers>
          <isin value="US13067REZ29"/>
          <ticker value="CASDEV"/>
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        <balance>130000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>150319.2500000000</valUSD>
        <pctVal>0.4597792334</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>SAGE HILL SCHOOL</name>
        <lei>549300544P6FSHU1HB46</lei>
        <title>California Enterprise Development Authority 5.00% 12/01/2040</title>
        <cusip>13067RFC2</cusip>
        <identifiers>
          <isin value="US13067RFC25"/>
          <ticker value="CASDEV"/>
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        <balance>100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>113235.7100000000</valUSD>
        <pctVal>0.3463523663</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>California State University</name>
        <lei>N/A</lei>
        <title>California State University 4.00% 11/01/2043</title>
        <cusip>13077CX41</cusip>
        <identifiers>
          <isin value="US13077CX415"/>
          <ticker value="CASHGR"/>
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        <balance>335000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>332940.5200000000</valUSD>
        <pctVal>1.0183601705</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</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>California State University</name>
        <lei>N/A</lei>
        <title>California State University 5.00% 11/01/2039</title>
        <cusip>13077DUH3</cusip>
        <identifiers>
          <isin value="US13077DUH33"/>
          <ticker value="CASHGR"/>
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        <balance>250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>293731.2300000000</valUSD>
        <pctVal>0.8984313038</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>California Statewide</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 09/01/2054</title>
        <cusip>13077ERA0</cusip>
        <identifiers>
          <isin value="US13077ERA00"/>
          <ticker value="CASGEN"/>
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        <balance>40000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>41429.0300000000</valUSD>
        <pctVal>0.1267183521</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>FRONT PORCH CMNNTYS OBLIG</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 4.00% 04/01/2039</title>
        <cusip>13080SC36</cusip>
        <identifiers>
          <isin value="US13080SC369"/>
          <ticker value="CASGEN"/>
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        <balance>175000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>176039.0500000000</valUSD>
        <pctVal>0.5384479996</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</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>LOMA LINDA UNIV MED OBL</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.25% 12/01/2044</title>
        <cusip>13080SEW0</cusip>
        <identifiers>
          <isin value="US13080SEW08"/>
          <ticker value="CASGEN"/>
          <other otherDesc="SEDOL" value="BJFTXB6"/>
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        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>200096.2600000000</valUSD>
        <pctVal>0.6120314267</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</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>Pomona Unified School District</name>
        <lei>N/A</lei>
        <title>Pomona Unified School District 5.00% 08/01/2046</title>
        <cusip>732098TR9</cusip>
        <identifiers>
          <isin value="US732098TR90"/>
          <ticker value="POMSCD"/>
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        <balance>250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>277765.8500000000</valUSD>
        <pctVal>0.8495982356</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Commonwealth of Puerto Rico</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico 5.63% 07/01/2029</title>
        <cusip>74514L3H8</cusip>
        <identifiers>
          <isin value="US74514L3H80"/>
          <ticker value="PRC"/>
          <other otherDesc="SEDOL" value="BNHT185"/>
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        <balance>150000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>161682.8300000000</valUSD>
        <pctVal>0.4945368450</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.625000000000000</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>Commonwealth of Puerto Rico</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico 0.00% 11/01/2051</title>
        <cusip>74514L4G9</cusip>
        <identifiers>
          <isin value="US74514L4G98"/>
          <ticker value="PRC"/>
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        <balance>16672.8200000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9065.8500000000</valUSD>
        <pctVal>0.0277295793</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.000000000000000</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>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</name>
        <lei>N/A</lei>
        <title>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 0.00% 07/01/2051</title>
        <cusip>74529JQH1</cusip>
        <identifiers>
          <isin value="US74529JQH13"/>
          <ticker value="PRCGEN"/>
          <other otherDesc="SEDOL" value="BJHMTX7"/>
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        <balance>125000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>31076.3300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CSCDA Community Improvement Authority</name>
        <lei>N/A</lei>
        <title>CSCDA Community Improvement Authority 3.00% 03/01/2057</title>
        <cusip>126292BB6</cusip>
        <identifiers>
          <isin value="US126292BB63"/>
          <ticker value="CDAHSG"/>
          <other otherDesc="SEDOL" value="BM9R9Q4"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>72088.8400000000</valUSD>
        <pctVal>0.2204970527</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Community Choice Financing Authority</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>California Community Choice Financing Authority 5.50% 10/01/2054</title>
        <cusip>13013JDD5</cusip>
        <identifiers>
          <isin value="US13013JDD54"/>
          <ticker value="CCEDEV"/>
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        <balance>45000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>48905.5200000000</valUSD>
        <pctVal>0.1495865799</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>5.500000000000000</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 Community Choice Financing Authority</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>California Community Choice Financing Authority 5.25% 11/01/2054</title>
        <cusip>13013JDG8</cusip>
        <identifiers>
          <isin value="US13013JDG85"/>
          <ticker value="CCEDEV"/>
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        <balance>215000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>228635.0600000000</valUSD>
        <pctVal>0.6993226258</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.250000000000000</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>California Community Choice Financing Authority</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>California Community Choice Financing Authority 5.00% 02/01/2055</title>
        <cusip>13013JFD3</cusip>
        <identifiers>
          <isin value="US13013JFD37"/>
          <ticker value="CCEDEV"/>
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        <balance>250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>272431.3800000000</valUSD>
        <pctVal>0.8332817723</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.000000000000000</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>California Community Choice Financing Authority</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>California Community Choice Financing Authority 5.00% 01/01/2056</title>
        <cusip>13013JFW1</cusip>
        <identifiers>
          <isin value="US13013JFW18"/>
          <ticker value="CCEDEV"/>
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        <balance>220000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>242588.1700000000</valUSD>
        <pctVal>0.7420007939</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.000000000000000</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>LOS ANGELES CNTY SECURITI</name>
        <lei>N/A</lei>
        <title>California County Tobacco Securitization Agency 4.00% 06/01/2039</title>
        <cusip>13016NEX8</cusip>
        <identifiers>
          <isin value="US13016NEX84"/>
          <ticker value="CASGEN"/>
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        <balance>325000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>326052.9700000000</valUSD>
        <pctVal>0.9972933247</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</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>LOS ANGELES CNTY SECURITI</name>
        <lei>N/A</lei>
        <title>California County Tobacco Securitization Agency 4.00% 06/01/2049</title>
        <cusip>13016NEZ3</cusip>
        <identifiers>
          <isin value="US13016NEZ33"/>
          <ticker value="CASGEN"/>
          <other otherDesc="SEDOL" value="BMGFKR9"/>
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        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>186158.9800000000</valUSD>
        <pctVal>0.5694016775</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</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>SANTA CLARA UNIVERSITY</name>
        <lei>N/A</lei>
        <title>California Educational Facilities Authority 5.00% 04/01/2040</title>
        <cusip>130179VZ4</cusip>
        <identifiers>
          <isin value="US130179VZ46"/>
          <ticker value="CASEDU"/>
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        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>233552.2200000000</valUSD>
        <pctVal>0.7143626693</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>CEDARS-SINAI MED CTR OBLG</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority 4.00% 08/15/2048</title>
        <cusip>13032UB23</cusip>
        <identifiers>
          <isin value="US13032UB236"/>
          <ticker value="CASMED"/>
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        <balance>275000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>271040.3300000000</valUSD>
        <pctVal>0.8290269886</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</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>SUTTER HEALTH OBLIG GROUP</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority 5.00% 11/15/2032</title>
        <cusip>13032UNQ7</cusip>
        <identifiers>
          <isin value="US13032UNQ75"/>
          <ticker value="CASMED"/>
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        <balance>145000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>153136.9400000000</valUSD>
        <pctVal>0.4683976595</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>COMMONSPIRIT HLTH OBLIG</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority 5.00% 12/01/2042</title>
        <cusip>13032US33</cusip>
        <identifiers>
          <isin value="US13032US339"/>
          <ticker value="CASMED"/>
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        <balance>350000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>385788.0600000000</valUSD>
        <pctVal>1.1800041477</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>ADVENTIST HLTH SYS/W OBLG</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority 5.00% 12/01/2039</title>
        <cusip>13032UU22</cusip>
        <identifiers>
          <isin value="US13032UU228"/>
          <ticker value="CASMED"/>
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        <balance>250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>271599.9500000000</valUSD>
        <pctVal>0.8307386899</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>KAISER FDTN HOSPITALS</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority 5.00% 06/01/2041</title>
        <cusip>13032UUW6</cusip>
        <identifiers>
          <isin value="US13032UUW60"/>
          <ticker value="CASMED"/>
          <other otherDesc="SEDOL" value="BJK1LG8"/>
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        <balance>140000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>153162.2800000000</valUSD>
        <pctVal>0.4684751666</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.000000000000000</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>COMMONSPIRIT HLTH OBLIG</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority 4.00% 04/01/2038</title>
        <cusip>13032UWZ7</cusip>
        <identifiers>
          <isin value="US13032UWZ73"/>
          <ticker value="CASMED"/>
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        <balance>25000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25211.2600000000</valUSD>
        <pctVal>0.0771133025</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</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>LUCILE S PACKARD CHLD HSP</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority 5.00% 08/15/2034</title>
        <cusip>13032UX45</cusip>
        <identifiers>
          <isin value="US13032UX453"/>
          <ticker value="CASMED"/>
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        <balance>250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>296291.5000000000</valUSD>
        <pctVal>0.9062623632</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>DESERTXPRESS ENTERPRISES</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>California Infrastructure &amp; Economic Development Bank 9.50% 01/01/2065</title>
        <cusip>13034A6B1</cusip>
        <identifiers>
          <isin value="US13034A6B14"/>
          <ticker value="CASDEV"/>
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        <balance>100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>101497.1300000000</valUSD>
        <pctVal>0.3104477479</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>9.500000000000000</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>CR EPOCA L CMNTYS LP</name>
        <lei>549300BOPCVLBA552Z14</lei>
        <title>California Housing Finance Agency 3.70% 11/01/2037</title>
        <cusip>13034DAT1</cusip>
        <identifiers>
          <isin value="US13034DAT19"/>
          <ticker value="CASMFH"/>
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        <balance>250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>246582.3300000000</valUSD>
        <pctVal>0.7542176711</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.700000000000000</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>EQUITABLE SCH REVOLV OBL</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>California Infrastructure &amp; Economic Development Bank 5.00% 11/01/2029</title>
        <cusip>13035ADD8</cusip>
        <identifiers>
          <isin value="US13035ADD81"/>
          <ticker value="CASEDU"/>
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        <balance>250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>270411.8500000000</valUSD>
        <pctVal>0.8271046662</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>EQUITABLE SCH REVOLV OBL</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>California Infrastructure &amp; Economic Development Bank 5.00% 11/01/2044</title>
        <cusip>13035ADU0</cusip>
        <identifiers>
          <isin value="US13035ADU07"/>
          <ticker value="CASEDU"/>
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        <balance>325000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>351453.1800000000</valUSD>
        <pctVal>1.0749845657</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Stockton Unified School District</name>
        <lei>N/A</lei>
        <title>Stockton Unified School District 5.00% 08/01/2027</title>
        <cusip>861419B40</cusip>
        <identifiers>
          <isin value="US861419B401"/>
          <ticker value="STOSCD"/>
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        <balance>285000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>302097.7200000000</valUSD>
        <pctVal>0.9240217611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Sulphur Springs Union School District</name>
        <lei>N/A</lei>
        <title>Sulphur Springs Union School District 5.00% 09/01/2028</title>
        <cusip>865483HX2</cusip>
        <identifiers>
          <isin value="US865483HX22"/>
          <ticker value="SULEDU"/>
        </identifiers>
        <balance>180000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>188471.9900000000</valUSD>
        <pctVal>0.5764764465</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>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>UNIVERSITY OF CALIFORNIA</name>
        <lei>N/A</lei>
        <title>University of California 5.00% 05/15/2029</title>
        <cusip>91412HTF0</cusip>
        <identifiers>
          <isin value="US91412HTF00"/>
          <ticker value="UNVHGR"/>
        </identifiers>
        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>549083.1000000000</valUSD>
        <pctVal>1.6794722352</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>UNIVERSITY OF CALIFORNIA</name>
        <lei>N/A</lei>
        <title>University of California 5.25% 05/15/2040</title>
        <cusip>91412HUE1</cusip>
        <identifiers>
          <isin value="US91412HUE16"/>
          <ticker value="UNVHGR"/>
        </identifiers>
        <balance>250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>295645.4000000000</valUSD>
        <pctVal>0.9042861468</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</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 Contra Costa Unified School District</name>
        <lei>N/A</lei>
        <title>West Contra Costa Unified School District 5.00% 08/01/2034</title>
        <cusip>95234ABC8</cusip>
        <identifiers>
          <isin value="US95234ABC80"/>
          <ticker value="WCC"/>
        </identifiers>
        <balance>250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>295032.6300000000</valUSD>
        <pctVal>0.9024118764</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Yosemite Community College District</name>
        <lei>N/A</lei>
        <title>Yosemite Community College District 0.00% 08/01/2031</title>
        <cusip>987388DH5</cusip>
        <identifiers>
          <isin value="US987388DH57"/>
          <ticker value="YOSHGR"/>
        </identifiers>
        <balance>140000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>114179.0400000000</valUSD>
        <pctVal>0.3492377156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000000</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>2025-04-18</ncom:dateSigned>
      <ncom:nameOfApplicant>American Century ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Amy R. Bitter</ncom:signature>
      <ncom:signerName>Amy R. Bitter</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
