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        <name>Allentown Neighborhood Improvement Zone Development Authority</name>
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      <invstOrSec>
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        <name>Chattanooga Health Educational &amp; Housing Facility Board</name>
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        <name>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</name>
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        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2021-04-01</maturityDt>
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        <name>Seminole County Industrial Development Authority</name>
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          <maturityDt>2041-11-15</maturityDt>
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      <invstOrSec>
        <name>West Virginia Hospital Finance Authority</name>
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          <isin value="US956622F746"/>
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          <maturityDt>2028-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Illinois Finance Authority</name>
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          <isin value="US452029AD39"/>
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          <maturityDt>2045-02-01</maturityDt>
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          <annualizedRt>6.12500000</annualizedRt>
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        <name>Chester County Industrial Development Authority</name>
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          <isin value="US165588DP66"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-12-15</maturityDt>
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        <name>Arkansas Development Finance Authority</name>
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        <name>Chicago Board of Education</name>
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        <name>Shelby County Health Educational &amp; Housing Facilities Board</name>
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        <name>Cook County Community College District No. 508</name>
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        <name>New Jersey Building Authority</name>
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        <name>Delaware State Health Facilities Authority</name>
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        <name>La Paz County Industrial Development Authority</name>
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        <name>Chicago Board of Education</name>
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        <name>Florida Development Finance Corp.</name>
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        <name>Jurupa Public Financing Authority</name>
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          <maturityDt>2042-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <maturityDt>2028-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>California Statewide Communities Development Authority</name>
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          <maturityDt>2027-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Birmingham Airport Authority</name>
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          <maturityDt>2039-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Montgomery County Industrial Development Authority</name>
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          <maturityDt>2045-11-15</maturityDt>
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        <name>California School Finance Authority</name>
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        <name>Chattanooga Health Educational &amp; Housing Facility Board</name>
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      <invstOrSec>
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          <maturityDt>2047-11-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Capital Region Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US14044NBM92"/>
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          <maturityDt>2028-05-01</maturityDt>
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        <name>California Statewide Communities Development Authority</name>
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          <maturityDt>2049-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Duluth Independent School District No. 709</name>
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          <maturityDt>2032-03-01</maturityDt>
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        <name>Massachusetts Development Finance Agency</name>
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          <isin value="US57583UXQ65"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-11-15</maturityDt>
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        <name>Harris County-Houston Sports Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-11-15</maturityDt>
          <couponKind>None</couponKind>
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        <name>Capital Region Community Development District</name>
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          <isin value="US14044NBL10"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-05-01</maturityDt>
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        <name>Idaho Housing &amp; Finance Association</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-07-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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        <name>North Broward Hospital District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>Bexley Community Development District</name>
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          <maturityDt>2047-05-01</maturityDt>
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        <name>Kentucky Economic Development Finance Authority</name>
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        <name>California Public Finance Authority</name>
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        <name>Massachusetts Educational Financing Authority</name>
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        <name>Arizona Industrial Development Authority</name>
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      <invstOrSec>
        <name>California County Tobacco Securitization Agency</name>
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      <invstOrSec>
        <name>Dardenne Town Square Transportation Development District</name>
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        <name>Arizona Industrial Development Authority</name>
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          <isin value="US04052BKL70"/>
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        <name>Escambia County Health Facilities Authority</name>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts/Certificates</name>
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          <isin value="US88034NE918"/>
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        <name>Inland Valley Development Agency</name>
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          <isin value="US45750TAC71"/>
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        <name>Central Texas Regional Mobility Authority</name>
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        <name>Austin Convention Enterprises, Inc.</name>
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        <name>City of Baltimore MD</name>
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        <name>Alachua County Health Facilities Authority</name>
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        <name>Beverly Hills Unified School District CA</name>
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        <name>Iowa Student Loan Liquidity Corp.</name>
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      <invstOrSec>
        <name>Montana Facility Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US612043KY41"/>
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      <invstOrSec>
        <name>County of Kent DE</name>
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          <maturityDt>2053-07-01</maturityDt>
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      <invstOrSec>
        <name>Idaho Health Facilities Authority</name>
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          <isin value="US451295ZX01"/>
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          <maturityDt>2038-03-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Arlington Higher Education Finance Corp.</name>
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          <isin value="US041806XH87"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-06-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>California Statewide Communities Development Authority</name>
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          <isin value="US13080SBW35"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-11-01</maturityDt>
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      <invstOrSec>
        <name>California Public Finance Authority</name>
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          <isin value="US13057EAK01"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-10-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Wichita KS</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Darke OH</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-09-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Franklin County Industrial Development Authority PA</name>
        <lei>N/A</lei>
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          <isin value="US353273CC72"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Health Care Facilities Financing Authority</name>
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          <maturityDt>2046-07-01</maturityDt>
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        <name>City of Chicago IL</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-01</maturityDt>
          <couponKind>None</couponKind>
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          <maturityDt>2036-12-01</maturityDt>
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        <name>Arlington Higher Education Finance Corp.</name>
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          <isin value="US041806FU90"/>
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        <name>Allentown Neighborhood Improvement Zone Development Authority</name>
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        <name>New Jersey Economic Development Authority</name>
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        <name>Kentucky Economic Development Finance Authority</name>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Authority</name>
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          <maturityDt>2044-11-01</maturityDt>
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        <name>Industrial Development Authority of the City of Phoenix (The)</name>
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      <invstOrSec>
        <name>Arlington Higher Education Finance Corp.</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Hudson Yards Infrastructure Corp.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Arkansas Development Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US04109KFX00"/>
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      <invstOrSec>
        <name>County of Prince George's MD</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-07-01</maturityDt>
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        <name>Industrial Development Authority of the County of Pima (The)</name>
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      <invstOrSec>
        <name>Kentucky Economic Development Finance Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Port Beaumont Navigation District</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2025-01-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Build NYC Resource Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Birmingham Airport Authority</name>
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        <invCountry>US</invCountry>
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        <name>School District of Philadelphia (The)</name>
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        <name>Tuscaloosa County Industrial Development Authority</name>
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        <name>Commonwealth Financing Authority</name>
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        <name>Sales Tax Securitization Corp.</name>
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        <name>Bellalago Educational Facilities Benefit District</name>
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        <name>Alachua County Health Facilities Authority</name>
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        <name>Maricopa County Pollution Control Corp.</name>
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        <name>Arkansas Development Finance Authority</name>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <name>Build NYC Resource Corp.</name>
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        <name>Dallas Area Municipal Authority</name>
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        <name>Chicago Board of Education</name>
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        <name>Arkansas Development Finance Authority</name>
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        <name>Public Finance Authority</name>
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        <name>Alachua County Health Facilities Authority</name>
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        <name>City of Burlington VT Airport Revenue</name>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <name>County of Osceola FL Transportation Revenue</name>
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        <name>California Municipal Finance Authority</name>
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        <name>California Municipal Finance Authority</name>
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        <name>Michigan Strategic Fund</name>
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        <name>Puerto Rico Electric Power Authority</name>
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        <name>Michigan Finance Authority</name>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <name>Sales Tax Securitization Corp.</name>
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      <invstOrSec>
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          <maturityDt>2029-11-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <maturityDt>2038-12-15</maturityDt>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <name>Grand Rapids Economic Development Corp.</name>
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          <isin value="US386247AZ39"/>
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        <name>State of Illinois</name>
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        <name>Arkansas Development Finance Authority</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>Clackamas County Hospital Facility Authority</name>
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        <name>Illinois Finance Authority</name>
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        <name>Colorado Health Facilities Authority</name>
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        <name>Shelby County Health Educational &amp; Housing Facilities Board</name>
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        <name>California Statewide Communities Development Authority</name>
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          <maturityDt>2023-09-01</maturityDt>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>Colorado Educational &amp; Cultural Facilities Authority</name>
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        <name>St Louis County Industrial Development Authority</name>
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      <invstOrSec>
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          <isin value="US64577BHV99"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2035-01-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</name>
        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-04-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Wichita KS</name>
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        <valUSD>4364420.20000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Travis County Health Facilities Development Corp.</name>
        <lei>N/A</lei>
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          <isin value="US89438LCK26"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-01</maturityDt>
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          <annualizedRt>7.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chicago Board of Education</name>
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          <maturityDt>2030-12-01</maturityDt>
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        <name>Arizona Industrial Development Authority</name>
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          <isin value="US04052BHC19"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Economic Development Authority</name>
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          <isin value="US64577B4L59"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2042-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Oklahoma Development Finance Authority</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2048-08-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>University of Illinois</name>
        <lei>N/A</lei>
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        <name>North Carolina Medical Care Commission</name>
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        <name>Harris County-Houston Sports Authority</name>
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          <maturityDt>2033-11-15</maturityDt>
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        <name>Sales Tax Securitization Corp.</name>
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        <name>Chicago Board of Education</name>
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        <name>Arborwood Community Development District</name>
        <lei>N/A</lei>
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        <name>Collegiate Charter School of Lowell</name>
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        <name>Build NYC Resource Corp.</name>
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        <name>Illinois Finance Authority</name>
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        <securityLending>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
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          <isin value="US45203KAQ85"/>
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        <curCd>USD</curCd>
        <valUSD>419158.30000000</valUSD>
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          <maturityDt>2050-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Acton-Agua Dulce Unified School District</name>
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        <valUSD>4550536.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-05-01</maturityDt>
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      <invstOrSec>
        <name>Buckeye Tobacco Settlement Financing Authority</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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          <maturityDt>2035-06-01</maturityDt>
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      <invstOrSec>
        <name>Huntsville-Redstone Village Special Care Facilities Financing Authority</name>
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          <isin value="US447297AL67"/>
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        <valUSD>1011909.60000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-01-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Transportation Commission</name>
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          <isin value="US88283NAJ19"/>
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        <balance>520000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>237868.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Osceola FL Transportation Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-10-01</maturityDt>
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      <invstOrSec>
        <name>County of Luzerne PA</name>
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          <maturityDt>2029-11-15</maturityDt>
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        <name>Industrial Development Authority of the City of St Louis Missouri (The)</name>
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          <maturityDt>2035-11-15</maturityDt>
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        <name>Puerto Rico Commonwealth Aqueduct &amp; Sewer Authority</name>
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        <invCountry>PR</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-07-01</maturityDt>
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        <name>Puerto Rico Highway &amp; Transportation Authority</name>
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        <name>Chicago Board of Education</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <name>Decatur Hospital Authority</name>
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        <name>City of Chicago IL</name>
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        <name>Capital Trust Agency, Inc.</name>
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        <name>Clifton Higher Education Finance Corp.</name>
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        <name>Puerto Rico Highway &amp; Transportation Authority</name>
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      <invstOrSec>
        <name>Clifton Higher Education Finance Corp.</name>
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        <name>Puerto Rico Electric Power Authority</name>
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          <maturityDt>2030-07-01</maturityDt>
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        <name>Clayton County Development Authority</name>
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      <invstOrSec>
        <name>City of Chicago IL</name>
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        <name>Florida Development Finance Corp.</name>
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        <name>Puerto Rico Highway &amp; Transportation Authority</name>
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        <name>Franklin County Industrial Development Authority PA</name>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <name>Halifax Hospital Medical Center</name>
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        <name>Puerto Rico Sales Tax Financing Corp.</name>
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        <name>City of Chicago IL</name>
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          <maturityDt>2044-11-01</maturityDt>
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      <invstOrSec>
        <name>Franklin County Industrial Development Authority PA</name>
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          <isin value="US353273CE39"/>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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          <isin value="US64542UFA79"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Nevada Department of Business &amp; Industry</name>
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          <isin value="US25490LAG23"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-12-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Casino Reinvestment Development Authority, Inc.</name>
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          <isin value="US14760RAQ48"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Private Activity Bond Surface Transportation Corp.</name>
        <lei>N/A</lei>
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          <isin value="US882667AD00"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-06-30</maturityDt>
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          <annualizedRt>7.00000000</annualizedRt>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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          <isin value="US646136EZ02"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-12-15</maturityDt>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-11-01</maturityDt>
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        <name>Kentucky Economic Development Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-06-01</maturityDt>
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        <name>Indiana Finance Authority</name>
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        <name>Capital Trust Agency, Inc.</name>
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        <name>Philadelphia Authority for Industrial Development</name>
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          <maturityDt>2047-12-01</maturityDt>
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        <name>Puerto Rico Highway &amp; Transportation Authority</name>
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        <name>Red River Health Facilities Development Corp.</name>
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        <name>Colorado Educational &amp; Cultural Facilities Authority</name>
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        <name>School District of Philadelphia (The)</name>
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        <name>Public Finance Authority</name>
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        <name>Vauxmont Metropolitan District</name>
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        <name>Idaho Housing &amp; Finance Association</name>
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          <maturityDt>2054-07-01</maturityDt>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts/Certificates</name>
        <lei>N/A</lei>
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          <maturityDt>2048-09-01</maturityDt>
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      <invstOrSec>
        <name>Chicago Board of Education</name>
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          <maturityDt>2034-12-01</maturityDt>
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        <name>California Municipal Finance Authority</name>
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          <isin value="US13048DAD03"/>
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          <maturityDt>2032-08-01</maturityDt>
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        <name>Mississippi Development Bank</name>
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          <maturityDt>2039-11-01</maturityDt>
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        <name>Kentucky State Property &amp; Building Commission</name>
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          <maturityDt>2032-05-01</maturityDt>
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        <name>Naturewalk Community Development District</name>
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          <maturityDt>2021-05-01</maturityDt>
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        <name>St Johns County Industrial Development Authority</name>
        <lei>N/A</lei>
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          <maturityDt>2027-10-01</maturityDt>
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        <name>Denver Health &amp; Hospital Authority</name>
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          <maturityDt>2045-12-01</maturityDt>
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        <name>Escondido Union High School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Indiana Finance Authority</name>
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        <name>Illinois Sports Facilities Authority (The)</name>
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        <name>Buckeye Tobacco Settlement Financing Authority</name>
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        <name>Michigan State Building Authority</name>
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        <name>California Statewide Communities Development Authority</name>
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          <maturityDt>2054-08-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>California Statewide Communities Development Authority</name>
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          <isin value="US13080SSH84"/>
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      <invstOrSec>
        <name>Irving Hospital Authority</name>
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          <maturityDt>2044-10-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Reno NV</name>
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          <isin value="US759861EG80"/>
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          <maturityDt>2048-06-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Puerto Rico Electric Power Authority</name>
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        <cusip>74526QR20</cusip>
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          <isin value="US74526QR203"/>
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        <balance>425000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>291125.00000000</valUSD>
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        <invCountry>PR</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>University of Connecticut</name>
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          <isin value="US914233L584"/>
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          <maturityDt>2034-01-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Capital Trust Agency, Inc.</name>
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          <isin value="US14052WDK09"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2055-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>North Carolina Turnpike Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Colorado Educational &amp; Cultural Facilities Authority</name>
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          <isin value="US19645RB342"/>
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        <valUSD>2214780.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-12-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Capital Trust Agency, Inc.</name>
        <lei>549300F49UWS7X0OGQ59</lei>
        <title>Capital Trust Agency, Inc.</title>
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          <isin value="US14054CAZ23"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-06-15</maturityDt>
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        <name>Alachua County Health Facilities Authority</name>
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        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
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        <name>Embrey Mill Community Development Authority</name>
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        <name>Capital Trust Agency, Inc.</name>
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        <name>Puerto Rico Electric Power Authority</name>
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        <invCountry>PR</invCountry>

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        <name>Iowa Finance Authority</name>
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        <name>Beverly Hills Unified School District CA</name>
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      <invstOrSec>
        <name>Austin Convention Enterprises, Inc.</name>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <name>Fort Sill Apache Tribe of Oklahoma Economic Development Authority</name>
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        <name>Iowa Student Loan Liquidity Corp.</name>
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          <maturityDt>2044-12-01</maturityDt>
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          <annualizedRt>3.50000000</annualizedRt>
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        <name>Public Finance Authority</name>
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          <isin value="US74443UAB98"/>
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          <maturityDt>2029-11-15</maturityDt>
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        <name>Illinois Finance Authority</name>
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          <maturityDt>2049-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Irving TX</name>
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          <maturityDt>2035-08-15</maturityDt>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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          <isin value="US646136U825"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Denver Convention Center Hotel Authority</name>
        <lei>N/A</lei>
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        <name>Illinois Finance Authority</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>New Jersey Higher Education Student Assistance Authority</name>
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          <maturityDt>2039-12-01</maturityDt>
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        <name>Puerto Rico Infrastructure Financing Authority</name>
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        <invCountry>PR</invCountry>

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        <name>University of North Carolina at Greensboro</name>
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        <name>Norman Regional Hospital Authority</name>
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        <name>Illinois Finance Authority</name>
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        <name>New Jersey Economic Development Authority</name>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <name>Puerto Rico Electric Power Authority</name>
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          <maturityDt>2049-06-01</maturityDt>
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        <name>Sales Tax Securitization Corp.</name>
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        <name>Puerto Rico Electric Power Authority</name>
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        <name>Sarasota County Health Facilities Authority</name>
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          <maturityDt>2050-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Montana Facility Finance Authority</name>
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          <isin value="US612043KX67"/>
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          <maturityDt>2043-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Colorado Health Facilities Authority</name>
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          <maturityDt>2033-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Ohio Air Quality Development Authority</name>
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          <isin value="US67754AAC80"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
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          <annualizedRt>3.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of Illinois</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Grand Rapids Economic Development Corp.</name>
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          <isin value="US386247AW08"/>
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          <maturityDt>2037-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>School District of Philadelphia (The)</name>
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          <maturityDt>2037-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Niagara Area Development Corp.</name>
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          <isin value="US653542AC49"/>
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          <maturityDt>2042-11-01</maturityDt>
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          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>Florida Higher Educational Facilities Financial Authority</name>
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          <maturityDt>2039-10-01</maturityDt>
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        <name>Huntsville-Redstone Village Special Care Facilities Financing Authority</name>
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          <maturityDt>2028-01-01</maturityDt>
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        <name>Franklin County Industrial Development Authority PA</name>
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          <maturityDt>2043-12-01</maturityDt>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>Transbay Joint Powers Authority</name>
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        <name>Maricopa County Industrial Development Authority</name>
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        <name>Berks County Municipal Authority (The)</name>
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        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
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        <name>Metropolitan Pier &amp; Exposition Authority</name>
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        <name>Newport Mesa Unified School District</name>
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        <name>Build NYC Resource Corp.</name>
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          <isin value="US12008EBD76"/>
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          <maturityDt>2033-07-01</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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        <name>Arlington Higher Education Finance Corp.</name>
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          <isin value="US041806FV73"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-08-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kansas City Land Clearance Redevelopment Authority</name>
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          <isin value="US48504MAC55"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Alaska Industrial Development &amp; Export Authority</name>
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          <isin value="US011908DW74"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Kentucky Economic Development Finance Authority</name>
        <lei>N/A</lei>
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        <cusip>49126PFH8</cusip>
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          <isin value="US49126PFH82"/>
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          <maturityDt>2051-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Health Care Facilities Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-10-01</maturityDt>
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        <name>Collier County Industrial Development Authority</name>
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          <maturityDt>2035-05-15</maturityDt>
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        <name>Puerto Rico Infrastructure Financing Authority</name>
        <lei>549300G1ONPUNRBJUC88</lei>
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          <isin value="US745220FN85"/>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-07-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Chicago O'Hare International Airport</name>
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        <name>Doylestown Hospital Authority</name>
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        <name>Del Webb Bexley Community Development District</name>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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        <name>Kalispel Tribe of Indians</name>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <name>Golden State Tobacco Securitization Corp.</name>
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          <isin value="US38122NYP13"/>
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        <name>Wyandotte County-Kansas City Unified Government</name>
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        <name>Public Finance Authority</name>
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        <name>Oklahoma Development Finance Authority</name>
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        <name>Clifton Higher Education Finance Corp.</name>
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        <name>New York Transportation Development Corp.</name>
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        <name>Public Finance Authority</name>
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        <name>Sales Tax Securitization Corp.</name>
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        <name>Brazos Higher Education Authority, Inc.</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
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          <isin value="US74526QSY97"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Commonwealth of Puerto Rico</name>
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        <curCd>USD</curCd>
        <valUSD>768750.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York Transportation Development Corp.</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp.</title>
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          <isin value="US650116CL89"/>
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        <curCd>USD</curCd>
        <valUSD>1750160.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Massachusetts Development Finance Agency</name>
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        <title>Massachusetts Development Finance Agency</title>
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          <isin value="US57584YQK81"/>
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        <balance>3120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3335560.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chicago Board of Education</name>
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          <isin value="US1675012W46"/>
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        <balance>775000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>917274.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</name>
        <lei>N/A</lei>
        <title>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</title>
        <cusip>745272EZ3</cusip>
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          <isin value="US745272EZ30"/>
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        <curCd>USD</curCd>
        <valUSD>1312071.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Waterford Township Economic Development Corp.</name>
        <lei>N/A</lei>
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          <isin value="US94136PAD69"/>
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        <curCd>USD</curCd>
        <valUSD>1801210.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Arizona Industrial Development Authority</name>
        <lei>N/A</lei>
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        <cusip>04052BFU3</cusip>
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          <isin value="US04052BFU35"/>
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        <balance>910000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1069741.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico Infrastructure Financing Authority</name>
        <lei>549300G1ONPUNRBJUC88</lei>
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          <isin value="US745220FS72"/>
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        <balance>17840000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19458266.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wyandotte County-Kansas City Unified Government Utility System Revenue</name>
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        <balance>1740000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
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          <isin value="US74526QEY44"/>
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        <balance>280000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>District of Columbia</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US745272FB52"/>
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        <invCountry>PR</invCountry>

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          <maturityDt>2027-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>California Statewide Communities Development Authority</name>
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          <isin value="US13080SAS32"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.62500000</annualizedRt>
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        <name>Utah Charter School Finance Authority</name>
        <lei>N/A</lei>
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          <maturityDt>2026-02-15</maturityDt>
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          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>Florida Higher Educational Facilities Financial Authority</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2038-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Guam Government Waterworks Authority</name>
        <lei>N/A</lei>
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        <balance>6640000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Overland Park Development Corp.</name>
        <lei>N/A</lei>
        <title>Overland Park Development Corp.</title>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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          <isin value="US87638REY99"/>
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        <name>Morongo Band of Mission Indians (The)</name>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Rhode Island Student Loan Authority</name>
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          <isin value="US762315QU68"/>
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        <valUSD>2252385.40000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <name>Southeast Alabama Gas Supply District (The)</name>
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          <maturityDt>2049-04-01</maturityDt>
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        <name>Colorado Educational &amp; Cultural Facilities Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-06-01</maturityDt>
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        <name>California Statewide Communities Development Authority</name>
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        <name>Rio Hondo Community College District CA</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>Utah Charter School Finance Authority</name>
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        <name>Build NYC Resource Corp.</name>
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        <name>Indiana Finance Authority</name>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Authority</name>
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        <name>City of Arlington TX Special Tax Revenue</name>
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        <name>West Point Industrial Development Authority</name>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <name>Sales Tax Securitization Corp.</name>
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        <name>Franklin County Industrial Development Authority PA</name>
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        <name>Brazos Higher Education Authority, Inc.</name>
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        <name>Railsplitter Tobacco Settlement Authority</name>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Authority</name>
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        <name>Harris County-Houston Sports Authority</name>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <name>Capital Trust Agency, Inc.</name>
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        <name>West Contra Costa Unified School District</name>
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        <name>County of Osceola FL Transportation Revenue</name>
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        <name>Collier County Industrial Development Authority</name>
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        <name>New Jersey Economic Development Authority</name>
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        <name>Buffalo &amp; Erie County Industrial Land Development Corp.</name>
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        <name>California Municipal Finance Authority</name>
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        <name>Illinois Sports Facilities Authority (The)</name>
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        <name>City of Detroit MI Sewage Disposal System Revenue</name>
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        <name>SA Energy Acquisition Public Facility Corp.</name>
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        <name>Bellalago Educational Facilities Benefit District</name>
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        <name>Chicago Board of Education</name>
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        <name>County of Cook IL</name>
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        <name>State of Nevada Department of Business &amp; Industry</name>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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          <maturityDt>2022-11-15</maturityDt>
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        <name>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</name>
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        <name>Peninsula Town Center Community Development Authority</name>
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        <name>Indiana Finance Authority</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Atlantic City NJ</name>
        <lei>N/A</lei>
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          <isin value="US048339VJ13"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>Glynn-Brunswick Memorial Hospital Authority</name>
        <lei>N/A</lei>
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          <isin value="US380037HA20"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Philadelphia Authority for Industrial Development</name>
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          <isin value="US71781XAV55"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Mississippi Hospital Equipment &amp; Facilities Authority</name>
        <lei>549300DW2GVUIGE04396</lei>
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          <isin value="US605360SU12"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Ohio Higher Educational Facility Commission</name>
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          <isin value="US67756DUM63"/>
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        <curCd>USD</curCd>
        <valUSD>3256602.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Puerto Rico Highway &amp; Transportation Authority</name>
        <lei>549300J6QBXVWJXB7Y41</lei>
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          <isin value="US7451903P13"/>
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        <curCd>USD</curCd>
        <valUSD>634265.10000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Illinois Finance Authority</name>
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          <isin value="US452029AC55"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>744261.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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        <name>Industrial Development Authority of the City of Phoenix (The)</name>
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          <isin value="US71885DCV29"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-01</maturityDt>
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      <invstOrSec>
        <name>County of Jefferson AL Sewer Revenue</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>Broadway Station Metropolitan District No. 2</name>
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        <name>Lehigh County Authority</name>
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        <name>Florida Development Finance Corp.</name>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Authority</name>
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        <name>Trout Creek Community Development District</name>
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        <name>City of Wichita KS</name>
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        <name>Puerto Rico Electric Power Authority</name>
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        <invCountry>PR</invCountry>

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        <name>Cumberland County Municipal Authority</name>
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      <invstOrSec>
        <name>City of San Antonio TX Airport System</name>
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          <maturityDt>2029-07-01</maturityDt>
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      <invstOrSec>
        <name>Gulf Coast Industrial Development Authority</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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      <invstOrSec>
        <name>Minnesota Office of Higher Education</name>
        <lei>N/A</lei>
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          <isin value="US60416MBS17"/>
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        <curCd>USD</curCd>
        <valUSD>4427039.55000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.65000000</annualizedRt>
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      <invstOrSec>
        <name>Halifax Hospital Medical Center</name>
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          <isin value="US405815HX26"/>
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        <curCd>USD</curCd>
        <valUSD>1876693.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Orleans Aviation Board</name>
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          <isin value="US64763KAJ79"/>
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        <valUSD>2126520.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>St Louis County Industrial Development Authority</name>
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          <isin value="US79130GHY08"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
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          <isin value="US130486AY99"/>
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        <balance>2425000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2508226.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Guam Education Financing Foundation</name>
        <lei>N/A</lei>
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          <isin value="US40064UBA97"/>
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        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Tampa FL</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
        <lei>N/A</lei>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Oklahoma Development Finance Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Puerto Rico Sales Tax Financing Corp.</name>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>Red River Education Finance Corp.</name>
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        <name>Maricopa County Industrial Development Authority</name>
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        <name>Arborwood Community Development District</name>
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        <name>Sales Tax Securitization Corp.</name>
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      <invstOrSec>
        <name>City of Lenexa KS</name>
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      <invstOrSec>
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      <invstOrSec>
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        <name>Arkansas Development Finance Authority</name>
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        <name>Knox County Health Educational &amp; Housing Facility Board</name>
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        <name>Development Authority of Cobb County (The)</name>
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        <name>Puerto Rico Electric Power Authority</name>
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        <name>Public Finance Authority</name>
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        <name>California Statewide Communities Development Authority</name>
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        <name>Vermont Student Assistance Corp.</name>
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      <invstOrSec>
        <name>Metropolitan Washington Airports Authority Dulles Toll Road Revenue</name>
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        <name>County of Berkeley SC</name>
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        <name>New Jersey Economic Development Authority</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Chicago IL</name>
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          <maturityDt>2030-01-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Miami-Dade County Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-09-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>City of Tampa FL</name>
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        <balance>525000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-09-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>Vermont Student Assistance Corp.</name>
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          <maturityDt>2033-06-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Nevada Department of Business &amp; Industry</name>
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        <name>Public Finance Authority</name>
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          <maturityDt>2030-03-01</maturityDt>
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        <name>Overland Park Development Corp.</name>
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        <title>Overland Park Development Corp.</title>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <name>California Statewide Communities Development Authority</name>
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        <name>Washington State Convention Center Public Facilities District</name>
        <lei>N/A</lei>
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        <name>Casino Reinvestment Development Authority, Inc.</name>
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        <name>Maryland Health &amp; Higher Educational Facilities Authority</name>
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        <invCountry>US</invCountry>
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        <name>Concord Station Community Development District</name>
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      <invstOrSec>
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        <name>Chicago Board of Education</name>
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      <invstOrSec>
        <name>Clifton Higher Education Finance Corp.</name>
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        <name>City of New Rochelle NY</name>
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          <maturityDt>2034-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Toll Road Investors Partnership II LP</name>
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          <maturityDt>2027-02-15</maturityDt>
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        <name>City of Seattle WA Municipal Light &amp; Power Revenue</name>
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        <name>Puerto Rico Highway &amp; Transportation Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-07-01</maturityDt>
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        <name>City of Wichita KS</name>
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        <name>Puerto Rico Infrastructure Financing Authority</name>
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        <name>Florida Development Finance Corp.</name>
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        <name>Public Finance Authority</name>
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        <name>Casino Reinvestment Development Authority, Inc.</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>Delaware State Economic Development Authority</name>
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      <invstOrSec>
        <name>Harris County-Houston Sports Authority</name>
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      <invstOrSec>
        <name>University of Puerto Rico</name>
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        <name>Puerto Rico Electric Power Authority</name>
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        <name>City of Chicago IL</name>
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        <name>County of Ward ND</name>
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        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
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        <name>Vauxmont Metropolitan District</name>
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        <name>New York Liberty Development Corp.</name>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <name>Public Finance Authority</name>
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        <name>Legends Bay Community Development District</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>Colorado Educational &amp; Cultural Facilities Authority</name>
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        <name>Puerto Rico Sales Tax Financing Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-01</maturityDt>
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          <isin value="US83704CAE84"/>
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          <maturityDt>2047-04-01</maturityDt>
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        <name>Utah Charter School Finance Authority</name>
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          <isin value="US91754TPW70"/>
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          <maturityDt>2036-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Chester County Industrial Development Authority</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
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        <name>Tempe Industrial Development Authority</name>
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        <name>Port of Seattle Industrial Development Corp.</name>
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        <name>District of Columbia Tobacco Settlement Financing Corp.</name>
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        <name>Peninsula Town Center Community Development Authority</name>
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        <name>Chicago Board of Education</name>
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        <name>Ulster County Capital Resource Corp.</name>
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        <name>Northern Illinois University</name>
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      <invstOrSec>
        <name>Private Colleges &amp; Universities Authority</name>
        <lei>N/A</lei>
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          <isin value="US74265LZH40"/>
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      <invstOrSec>
        <name>New Mexico Mortgage Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US6472007V09"/>
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          <maturityDt>2049-01-01</maturityDt>
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        <name>Philadelphia Authority for Industrial Development</name>
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          <isin value="US7178187X01"/>
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          <maturityDt>2037-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>District of Columbia</name>
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          <isin value="US25483VUV43"/>
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        <valUSD>2194520.90000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Puerto Rico Electric Power Authority</name>
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          <isin value="US74526QCK67"/>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Escondido Union High School District</name>
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          <isin value="US296353KX22"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <title>New Hope Cultural Education Facilities Finance Corp.</title>
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          <isin value="US64542UEY64"/>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Housing &amp; Redevelopment Authority of The City of St Paul Minnesota</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <title>New Hope Cultural Education Facilities Finance Corp.</title>
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          <isin value="US64542PAV76"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Philadelphia Authority for Industrial Development</name>
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        <title>Philadelphia Authority for Industrial Development</title>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Cuyahoga OH</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-02-15</maturityDt>
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        <name>Kentucky Economic Development Finance Authority</name>
        <lei>N/A</lei>
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          <maturityDt>2047-12-01</maturityDt>
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        <name>Franklin County Industrial Development Authority PA</name>
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        <name>Florida Higher Educational Facilities Financial Authority</name>
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        <name>Vauxmont Metropolitan District</name>
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      <invstOrSec>
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        <name>Spartanburg Regional Health Services District</name>
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        <name>Capital Region Community Development District</name>
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        <name>University of Illinois</name>
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        <name>Colorado Educational &amp; Cultural Facilities Authority</name>
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        <name>Iowa Finance Authority</name>
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        <name>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</name>
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        <name>Washington Higher Education Facilities Authority</name>
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          <maturityDt>2045-05-01</maturityDt>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-02-01</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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          <isin value="US71781XAQ60"/>
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        <curCd>USD</curCd>
        <valUSD>2152434.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-06-15</maturityDt>
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          <annualizedRt>7.37500000</annualizedRt>
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        <name>Pennsylvania Higher Educational Facilities Authority</name>
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          <maturityDt>2041-11-01</maturityDt>
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          <annualizedRt>6.25000000</annualizedRt>
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        <name>City of Los Angeles Department of Airports</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-05-15</maturityDt>
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        <name>Puerto Rico Highway &amp; Transportation Authority</name>
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          <isin value="US745190ZN12"/>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
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          <isin value="US64972HK502"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Toll Road Investors Partnership II LP</name>
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        <valUSD>205001.34000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-02-15</maturityDt>
          <couponKind>None</couponKind>
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        <name>Florida Development Finance Corp.</name>
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        <name>Clifton Higher Education Finance Corp.</name>
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        <name>Puerto Rico Highway &amp; Transportation Authority</name>
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          <maturityDt>2032-07-01</maturityDt>
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        <name>City of Irving TX</name>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <name>New Jersey Economic Development Authority</name>
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        <name>Iowa Finance Authority</name>
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        <name>City of San Buenaventura CA</name>
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        <name>Philadelphia Authority for Industrial Development</name>
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        <name>Florida Development Finance Corp.</name>
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          <isin value="US59335LBE48"/>
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          <maturityDt>2043-10-01</maturityDt>
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        <name>Puerto Rico Electric Power Authority</name>
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        <invCountry>PR</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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          <maturityDt>2026-09-01</maturityDt>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Authority</name>
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          <maturityDt>2043-10-01</maturityDt>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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        <name>Virginia Small Business Financing Authority</name>
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        <name>Newark Higher Education Finance Corp.</name>
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        <name>Palomar Health</name>
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      <invstOrSec>
        <name>Michigan Finance Authority</name>
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      <invstOrSec>
        <name>Cypress Bluff Community Development District</name>
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          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>Austin Convention Enterprises, Inc.</name>
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          <isin value="US052409EE57"/>
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      <invstOrSec>
        <name>Virginia Small Business Financing Authority</name>
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          <isin value="US928104ME56"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Cambria PA</name>
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          <maturityDt>2036-08-01</maturityDt>
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        <name>Illinois Finance Authority</name>
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          <maturityDt>2055-07-15</maturityDt>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-11-01</maturityDt>
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        <name>Arborwood Community Development District</name>
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          <maturityDt>2036-05-01</maturityDt>
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        <name>Puerto Rico Sales Tax Financing Corp.</name>
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        <name>Lakewood Ranch Stewardship District</name>
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        <name>State of Illinois</name>
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        <name>Utah Housing Corp.</name>
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        <name>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</name>
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        <name>Indiana Finance Authority</name>
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        <name>Public Finance Authority</name>
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      <invstOrSec>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <name>Buckeye Tobacco Settlement Financing Authority</name>
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        <name>Puerto Rico Sales Tax Financing Corp.</name>
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        <name>Newark Higher Education Finance Corp.</name>
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        <name>West Virginia Hospital Finance Authority</name>
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        <name>St Louis County Industrial Development Authority</name>
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        <name>Utah Housing Corp.</name>
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        <name>Mid-Bay Bridge Authority</name>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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        <name>California School Finance Authority</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sterling Hill Community Development District</name>
        <lei>N/A</lei>
        <title>Sterling Hill Community Development District</title>
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          <isin value="US85933TAB52"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-11-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Nebraska Investment Finance Authority</name>
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          <isin value="US63968MJN02"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-09-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Arlington Higher Education Finance Corp.</name>
        <lei>N/A</lei>
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          <isin value="US041806PT18"/>
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        <curCd>USD</curCd>
        <valUSD>1802202.50000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Tampa FL</name>
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          <isin value="US875146BA98"/>
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        <curCd>USD</curCd>
        <valUSD>241080.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-09-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Harris County-Houston Sports Authority</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
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          <isin value="US646136EQ03"/>
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        <curCd>USD</curCd>
        <valUSD>7841433.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sales Tax Securitization Corp.</name>
        <lei>N/A</lei>
        <title>Sales Tax Securitization Corp.</title>
        <cusip>79467BDA0</cusip>
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          <isin value="US79467BDA08"/>
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        <balance>1315000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1458598.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Osceola FL Transportation Revenue</name>
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        <balance>1125000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-10-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>County of Osceola FL Transportation Revenue</name>
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          <isin value="US688031FA65"/>
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        <balance>1965000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-10-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Tennessee Energy Acquisition Corp.</name>
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        <balance>2105000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-09-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Buckeye Tobacco Settlement Financing Authority</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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          <maturityDt>2036-11-15</maturityDt>
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        <name>Michigan Finance Authority</name>
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        <name>Vauxmont Metropolitan District</name>
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        <name>Vauxmont Metropolitan District</name>
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        <name>Health &amp; Educational Facilities Authority of the State of Missouri</name>
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        <name>Allentown Neighborhood Improvement Zone Development Authority</name>
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          <maturityDt>2042-05-01</maturityDt>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Cambria PA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>California Statewide Communities Development Authority</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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          <isin value="US13081CAC29"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Fulton County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Fulton County Industrial Development Authority</title>
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          <isin value="US36024LAN91"/>
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        <curCd>USD</curCd>
        <valUSD>3602731.50000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp.</title>
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          <isin value="US64542RDA68"/>
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        <balance>770000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>910994.70000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Denver Health &amp; Hospital Authority</name>
        <lei>549300WFV5S7GIR4OS67</lei>
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          <isin value="US24918EDN76"/>
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        <balance>3660000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3957850.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Chicago IL</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
        <title>City of Chicago</title>
        <cusip>167486G52</cusip>
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          <isin value="US167486G525"/>
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        <balance>780000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>880417.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
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        <cusip>74526QU59</cusip>
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          <isin value="US74526QU595"/>
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        <balance>2950000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2017062.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kentucky Economic Development Finance Authority</name>
        <lei>N/A</lei>
        <title>Kentucky Economic Development Finance Authority</title>
        <cusip>49126PDJ6</cusip>
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          <isin value="US49126PDJ66"/>
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        <balance>1495000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
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      <invstOrSec>
        <name>City of Chicago IL</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
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        <cusip>167486F79</cusip>
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          <isin value="US167486F790"/>
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        <balance>4705000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5212151.95000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tuscaloosa County Industrial Development Authority</name>
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        <title>Tuscaloosa County Industrial Development Authority</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-01</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Beverly Hills Unified School District CA</name>
        <lei>N/A</lei>
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        <cusip>088023JC1</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-08-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Houston Industrial Development Corp.</name>
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        <cusip>442406AD6</cusip>
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          <isin value="US442406AD66"/>
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          <maturityDt>2023-03-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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        <name>California Pollution Control Financing Authority</name>
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        <title>California Pollution Control Financing Authority</title>
        <cusip>130536RK3</cusip>
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          <maturityDt>2039-12-01</maturityDt>
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          <annualizedRt>7.50000000</annualizedRt>
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        <name>California Public Finance Authority</name>
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        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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          <maturityDt>2044-09-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Utah Housing Corp.</name>
        <lei>549300YXWQEI0S47WI02</lei>
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        <invCountry>US</invCountry>
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        <name>Massachusetts Educational Financing Authority</name>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Kentucky Economic Development Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US49126KKC44"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
        <lei>549300ROY505NVTMMI25</lei>
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          <isin value="US87638REV50"/>
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        <curCd>USD</curCd>
        <valUSD>4425473.45000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tolomato Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US889560DG07"/>
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        <curCd>USD</curCd>
        <valUSD>1033310.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>District of Columbia</name>
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        <cusip>25483WAH5</cusip>
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          <isin value="US25483WAH51"/>
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        <curCd>USD</curCd>
        <valUSD>1743795.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Jefferson Parish Hospital Service District No. 2</name>
        <lei>N/A</lei>
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          <isin value="US474702DL83"/>
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        <balance>3200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3263232.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
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          <isin value="US45204EFB92"/>
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        <balance>2625000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3189663.75000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Guam Government Waterworks Authority</name>
        <lei>N/A</lei>
        <title>Guam Government Waterworks Authority</title>
        <cusip>40065FCG7</cusip>
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          <isin value="US40065FCG72"/>
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        <balance>355000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>412201.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tennessee Housing Development Agency</name>
        <lei>N/A</lei>
        <title>Tennessee Housing Development Agency</title>
        <cusip>880461VZ8</cusip>
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          <isin value="US880461VZ84"/>
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        <balance>2570000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2858097.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Capital Trust Agency, Inc.</name>
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          <isin value="US14054CAL37"/>
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        <balance>1180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1201299.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Wiregrass Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US97654RAA32"/>
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        <balance>385000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>410564.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <name>West Virginia Hospital Finance Authority</name>
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          <isin value="US956622T952"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>408940.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Puerto Rico Electric Power Authority</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Ohio Air Quality Development Authority</name>
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          <isin value="US67754AAE47"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <name>Alabama Special Care Facilities Financing Authority-Birmingham AL</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2035-06-01</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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        <name>City of Chicago IL</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-01-01</maturityDt>
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        <name>California Statewide Communities Development Authority</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2034-12-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp.</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2046-06-15</maturityDt>
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      <invstOrSec>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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          <maturityDt>2042-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Illinois</name>
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        <name>Indiana Finance Authority</name>
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          <isin value="US45506EAC75"/>
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          <maturityDt>2055-07-01</maturityDt>
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        <name>California Statewide Communities Development Authority</name>
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          <maturityDt>2023-11-01</maturityDt>
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        <name>Jefferson Parish Hospital Service District No. 2</name>
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          <maturityDt>2041-07-01</maturityDt>
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        <name>City of Wichita KS</name>
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        <name>City of Houston TX Airport System Revenue</name>
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        <name>County of Jefferson AL Sewer Revenue</name>
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          <maturityDt>2026-10-01</maturityDt>
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        <name>Redevelopment Authority of The County of Washington</name>
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        <name>County of Osceola FL Transportation Revenue</name>
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        <name>Maryland Health &amp; Higher Educational Facilities Authority</name>
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        <name>Massachusetts Development Finance Agency</name>
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      <invstOrSec>
        <name>City of Detroit MI Sewage Disposal System Revenue</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>Palomar Health</name>
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      <invstOrSec>
        <name>Buckeye Tobacco Settlement Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US118217CQ98"/>
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      <invstOrSec>
        <name>Idaho Health Facilities Authority</name>
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          <isin value="US451295YT08"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-09-01</maturityDt>
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      <invstOrSec>
        <name>Montgomery County Higher Education and Health Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-09-01</maturityDt>
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      <invstOrSec>
        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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          <isin value="US87638REU77"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-15</maturityDt>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
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      <invstOrSec>
        <name>City of Tallahassee FL</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Tampa FL</name>
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        <valUSD>366471.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-09-01</maturityDt>
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      <invstOrSec>
        <name>California County Tobacco Securitization Agency</name>
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        <name>Cleveland-Cuyahoga County Port Authority</name>
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          <maturityDt>2040-05-15</maturityDt>
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          <annualizedRt>7.00000000</annualizedRt>
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        <name>City of San Antonio TX Airport System</name>
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        <name>Industrial Development Authority of the County of Pima (The)</name>
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        <name>Michigan Finance Authority</name>
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        <name>North Carolina Turnpike Authority</name>
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        <name>Toll Road Investors Partnership II LP</name>
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        <name>Florida Development Finance Corp.</name>
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        <name>West Rankin Utility Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Authority</name>
        <lei>5493004WIZ1HV87IVF85</lei>
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          <isin value="US5462825H33"/>
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        <valUSD>2885807.60000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
        <lei>549300ISNGXS0VHGVD41</lei>
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        <cusip>97712D2C9</cusip>
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          <isin value="US97712D2C94"/>
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        <curCd>USD</curCd>
        <valUSD>2876154.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Central Texas Turnpike System</name>
        <lei>N/A</lei>
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        <cusip>88283KAM0</cusip>
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          <isin value="US88283KAM09"/>
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        <balance>4605000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2411638.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Glynn-Brunswick Memorial Hospital Authority</name>
        <lei>N/A</lei>
        <title>Glynn-Brunswick Memorial Hospital Authority</title>
        <cusip>380037GZ8</cusip>
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          <isin value="US380037GZ89"/>
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        <balance>415000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>477212.65000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Maricopa County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Maricopa County Industrial Development Authority</title>
        <cusip>56682HCQ0</cusip>
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          <isin value="US56682HCQ02"/>
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        <balance>13650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15731761.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Tampa FL</name>
        <lei>N/A</lei>
        <title>City of Tampa</title>
        <cusip>875161DB4</cusip>
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          <isin value="US875161DB46"/>
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        <balance>525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>659190.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico Highway &amp; Transportation Authority</name>
        <lei>549300J6QBXVWJXB7Y41</lei>
        <title>Puerto Rico Highway &amp; Transportation Authority</title>
        <cusip>745181C88</cusip>
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          <isin value="US745181C886"/>
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        <balance>4440000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4883023.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>East Hempfield Township Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>East Hempfield Township Industrial Development Authority</title>
        <cusip>273007BU7</cusip>
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          <isin value="US273007BU74"/>
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        <balance>420000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>426182.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp.</title>
        <cusip>64542PAW5</cusip>
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          <isin value="US64542PAW59"/>
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        <balance>3205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3004046.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Peninsula Town Center Community Development Authority</name>
        <lei>N/A</lei>
        <title>Peninsula Town Center Community Development Authority</title>
        <cusip>70718LAH2</cusip>
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          <isin value="US70718LAH24"/>
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        <balance>960000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>995193.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
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        <cusip>74526QPM8</cusip>
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          <isin value="US74526QPM86"/>
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        <balance>3765000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3853439.85000000</valUSD>
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        <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>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Guam Government Waterworks Authority</name>
        <lei>N/A</lei>
        <title>Guam Government Waterworks Authority</title>
        <cusip>40065FCH5</cusip>
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          <isin value="US40065FCH55"/>
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        <balance>1620000.00000000</balance>
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        <valUSD>1849894.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of New Rochelle NY</name>
        <lei>N/A</lei>
        <title>City of New Rochelle</title>
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        <balance>990000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Colorado Educational &amp; Cultural Facilities Authority</name>
        <lei>549300BJRX2FHSSZP042</lei>
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          <isin value="US19645RWV94"/>
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        <balance>350000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Bayonne Redevelopment Agency</name>
        <lei>N/A</lei>
        <title>Bayonne Redevelopment Agency</title>
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          <isin value="US073009AG75"/>
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        <name>Washington State Housing Finance Commission</name>
        <lei>549300YL1HU59NREG764</lei>
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          <isin value="US939783WS12"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Tallyn's Reach Metropolitan District No. 3</name>
        <lei>5493001U1VNJPWBNSN91</lei>
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        <cusip>87482MBA2</cusip>
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        <valUSD>412381.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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      <invstOrSec>
        <name>Kentucky Economic Development Finance Authority</name>
        <lei>N/A</lei>
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          <maturityDt>2046-08-15</maturityDt>
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      <invstOrSec>
        <name>Century Gardens Village Community Development District</name>
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          <maturityDt>2037-05-01</maturityDt>
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          <annualizedRt>5.10000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Industrial Development Authority of the City of Phoenix (The)</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Wiregrass Community Development District</name>
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          <isin value="US97654RAD70"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Economic Development Authority</name>
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          <isin value="US645918Z719"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>St Louis County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>St Louis County Industrial Development Authority</title>
        <cusip>79130GHJ3</cusip>
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          <isin value="US79130GHJ31"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-08-15</maturityDt>
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          <annualizedRt>5.12500000</annualizedRt>
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        <name>Colorado Health Facilities Authority</name>
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          <isin value="US19648FKP89"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Puerto Rico Electric Power Authority</name>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-07-01</maturityDt>
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        <name>West Virginia Hospital Finance Authority</name>
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        <name>Philadelphia Authority for Industrial Development</name>
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        <name>Oregon State Facilities Authority</name>
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        <name>California Statewide Communities Development Authority</name>
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        <name>Michigan Strategic Fund</name>
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        <name>California County Tobacco Securitization Agency</name>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <name>California School Finance Authority</name>
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      <invstOrSec>
        <name>City of Detroit MI Water Supply System Revenue</name>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts/Certificates</name>
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      <invstOrSec>
        <name>Oklahoma Development Finance Authority</name>
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          <isin value="US67884XCE58"/>
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          <maturityDt>2033-08-15</maturityDt>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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          <maturityDt>2037-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Municipal Electric Authority of Georgia</name>
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          <isin value="US6262074H42"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Martin County Health Facilities Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts/Certificates</name>
        <lei>N/A</lei>
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        <cusip>88034NG65</cusip>
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          <isin value="US88034NG657"/>
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          <maturityDt>2050-01-01</maturityDt>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority</name>
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        <invCountry>PR</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>California School Finance Authority</name>
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          <isin value="US13059TBU25"/>
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        <name>Arizona Industrial Development Authority</name>
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        <name>Capital Trust Agency, Inc.</name>
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        <name>California Statewide Communities Development Authority</name>
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        <name>California School Finance Authority</name>
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        <name>County of Osceola FL Transportation Revenue</name>
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        <name>Collier County Educational Facilities Authority</name>
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        <name>City of Los Angeles Department of Airports</name>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <name>Iowa Finance Authority</name>
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          <maturityDt>2038-03-01</maturityDt>
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        <name>District of Columbia</name>
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          <maturityDt>2049-07-01</maturityDt>
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        <name>St Louis County Industrial Development Authority</name>
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          <isin value="US791524CP42"/>
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        <name>Collier County Industrial Development Authority</name>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>City of Detroit MI Water Supply System Revenue</name>
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          <maturityDt>2041-07-01</maturityDt>
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        <name>New Jersey Health Care Facilities Financing Authority</name>
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        <name>Puerto Rico Infrastructure Financing Authority</name>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <name>New York Transportation Development Corp.</name>
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          <maturityDt>2020-08-01</maturityDt>
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        <name>Tolomato Community Development District</name>
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        <name>Collegiate Charter School of Lowell</name>
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        <name>Florida Higher Educational Facilities Financial Authority</name>
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          <maturityDt>2038-06-01</maturityDt>
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        <name>Puerto Rico Sales Tax Financing Corp.</name>
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        <invCountry>PR</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2058-07-01</maturityDt>
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        <name>Clackamas County Hospital Facility Authority</name>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Authority</name>
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        <name>Industrial Development Authority of the City of Phoenix (The)</name>
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        <name>Chicago Board of Education</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-12-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>Overland Park Development Corp.</name>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Authority</name>
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        <name>North Carolina Turnpike Authority</name>
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        <name>Downriver Utility Wastewater Authority</name>
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        <name>Alabama Special Care Facilities Financing Authority-Birmingham AL</name>
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        <name>East Hempfield Township Industrial Development Authority</name>
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        <name>Denver Convention Center Hotel Authority</name>
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        <name>California School Finance Authority</name>
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          <isin value="US13059TBE82"/>
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        <curCd>USD</curCd>
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        <name>Industrial Development Authority of the City of Phoenix (The)</name>
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          <isin value="US71885DEH17"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2059-07-01</maturityDt>
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      <invstOrSec>
        <name>Sumter County Industrial Development Authority FL</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Delaware State Economic Development Authority</name>
        <lei>N/A</lei>
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          <isin value="US246387QJ60"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Arkansas Development Finance Authority</name>
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          <isin value="US04109KFY82"/>
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        <curCd>USD</curCd>
        <valUSD>1651347.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Illinois</name>
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          <isin value="US452152U825"/>
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        <balance>2205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2226520.80000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Massachusetts Development Finance Agency</name>
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        <cusip>57584XAD3</cusip>
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          <isin value="US57584XAD30"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>938792.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Berks County Municipal Authority (The)</name>
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          <isin value="US084538JB45"/>
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        <valUSD>5412668.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Authority</name>
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          <isin value="US54628CHV72"/>
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        <curCd>USD</curCd>
        <valUSD>1787310.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-01</maturityDt>
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          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corp.</name>
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        <invCountry>PR</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>Puerto Rico Electric Power Authority</name>
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        <invCountry>PR</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-01</maturityDt>
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          <annualizedRt>4.75000000</annualizedRt>
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        <name>Casino Reinvestment Development Authority, Inc.</name>
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          <maturityDt>2031-11-01</maturityDt>
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        <name>Public Finance Authority</name>
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          <isin value="US74443CAF05"/>
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        <name>Mississippi Hospital Equipment &amp; Facilities Authority</name>
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        <name>County of Osceola FL Transportation Revenue</name>
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        <name>Vauxmont Metropolitan District</name>
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        <name>Iowa Finance Authority</name>
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        <name>Berks County Municipal Authority (The)</name>
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      <invstOrSec>
        <name>Montgomery County Higher Education and Health Authority</name>
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          <maturityDt>2039-10-01</maturityDt>
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      <invstOrSec>
        <name>Mohegan Tribal Finance Authority</name>
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          <isin value="US608327AA04"/>
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          <maturityDt>2045-02-01</maturityDt>
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          <annualizedRt>7.00000000</annualizedRt>
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        <name>Public Finance Authority</name>
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          <isin value="US74442ECB48"/>
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          <maturityDt>2047-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Charlotte NC Water &amp; Sewer System Revenue</name>
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          <isin value="US161045PF03"/>
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          <maturityDt>2047-07-01</maturityDt>
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          <maturityDt>2032-08-01</maturityDt>
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        <name>Los Angeles County Regional Financing Authority</name>
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          <maturityDt>2044-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Illinois Finance Authority</name>
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          <maturityDt>2051-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Chester County Health and Education Facilities Authority</name>
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        <name>Guam Department of Education</name>
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        <name>Miami-Dade County Industrial Development Authority</name>
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      <invstOrSec>
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          <isin value="US97712D4G80"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-01</maturityDt>
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          <annualizedRt>2.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>St Paul Port Authority</name>
        <lei>N/A</lei>
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          <isin value="US793067BG35"/>
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        <curCd>USD</curCd>
        <valUSD>261707.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.45000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>St Louis County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>St Louis County Industrial Development Authority</title>
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          <isin value="US791524BY67"/>
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        <balance>3620000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3425895.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Delaware State Health Facilities Authority</name>
        <lei>549300RXU7M05ZYSJG42</lei>
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          <isin value="US246388TL62"/>
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        <balance>4230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4970757.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Osceola FL Transportation Revenue</name>
        <lei>N/A</lei>
        <title>County of Osceola FL Transportation Revenue</title>
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          <isin value="US688031ER00"/>
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        <balance>840000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>510232.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
        <lei>549300ISNGXS0VHGVD41</lei>
        <title>Wisconsin Health &amp; Educational Facilities Authority</title>
        <cusip>97712DZD1</cusip>
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          <isin value="US97712DZD10"/>
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        <balance>2315000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2259949.30000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Missouri Housing Development Commission</name>
        <lei>5493007FBL7WCV3NKY25</lei>
        <title>Missouri Housing Development Commission</title>
        <cusip>60637BSQ4</cusip>
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          <isin value="US60637BSQ40"/>
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        <balance>4290000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4874855.70000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp.</title>
        <cusip>64542UDA9</cusip>
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          <isin value="US64542UDA97"/>
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        <balance>960000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>742713.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California Statewide Communities Development Authority</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority</title>
        <cusip>13078REU0</cusip>
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          <isin value="US13078REU05"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3068010.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Newark Higher Education Finance Corp.</name>
        <lei>N/A</lei>
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          <isin value="US650346DG12"/>
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        <balance>385000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>393847.30000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Arkansas Development Finance Authority</name>
        <lei>N/A</lei>
        <title>Arkansas Development Finance Authority</title>
        <cusip>04109FAP3</cusip>
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          <isin value="US04109FAP36"/>
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        <balance>365000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Industrial Development Authority of the County of Pima (The)</name>
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          <maturityDt>2052-06-15</maturityDt>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74443UBC6</cusip>
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          <isin value="US74443UBC62"/>
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          <maturityDt>2052-05-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>West Virginia Housing Development Fund</name>
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          <maturityDt>2038-11-01</maturityDt>
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        <name>Pennsylvania Economic Development Financing Authority</name>
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          <maturityDt>2032-01-01</maturityDt>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
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          <isin value="US744396FM95"/>
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          <maturityDt>2040-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
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        <name>Downriver Utility Wastewater Authority</name>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <name>Public Finance Authority</name>
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        <name>Puerto Rico Electric Power Authority</name>
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          <maturityDt>2022-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Medford Hospital Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-08-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Duluth Economic Development Authority</name>
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          <maturityDt>2048-02-15</maturityDt>
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          <maturityDt>2058-12-01</maturityDt>
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        <name>Public Finance Authority</name>
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          <maturityDt>2054-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Arizona Industrial Development Authority</name>
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          <isin value="US04052BFV18"/>
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          <maturityDt>2052-07-01</maturityDt>
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        <name>Puerto Rico Public Buildings Authority</name>
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          <maturityDt>2027-07-01</maturityDt>
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        <name>Ulster County Capital Resource Corp.</name>
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        <name>Michigan Finance Authority</name>
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        <name>Idaho Housing &amp; Finance Association</name>
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        <name>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</name>
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        <name>New Hampshire Health and Education Facilities Authority Act</name>
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      <invstOrSec>
        <name>City of New Orleans LA Sewerage Service Revenue</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-06-01</maturityDt>
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      <invstOrSec>
        <name>Wayne County Airport Authority</name>
        <lei>N/A</lei>
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          <isin value="US944514QW10"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Maryland Economic Development Corp.</name>
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          <isin value="US57422KBN46"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2058-06-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74443CAA1</cusip>
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          <isin value="US74443CAA18"/>
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        <balance>410000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>423997.40000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico Public Buildings Authority</name>
        <lei>N/A</lei>
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          <isin value="US745235J935"/>
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        <curCd>USD</curCd>
        <valUSD>3530866.00000000</valUSD>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
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          <isin value="US646136EY37"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Metropolitan Government Nashville &amp; Davidson County Health &amp; Educational Facilities Bonds</name>
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        <title>Metropolitan Government Nashville &amp; Davidson County Health &amp; Educational Facilities Bonds</title>
        <cusip>592029AC6</cusip>
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          <isin value="US592029AC66"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
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          <isin value="US45204ERJ90"/>
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        <balance>2000000.00000000</balance>
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          <maturityDt>2034-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>California School Finance Authority</name>
        <lei>N/A</lei>
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          <maturityDt>2030-07-01</maturityDt>
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        <name>New Jersey Economic Development Authority</name>
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        <name>Austin Convention Enterprises, Inc.</name>
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        <name>State of Illinois</name>
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          <maturityDt>2039-11-01</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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        <name>Illinois Finance Authority</name>
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          <maturityDt>2049-08-01</maturityDt>
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        <name>Prichard Water Works &amp; Sewer Board</name>
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        <name>Broadway Station Metropolitan District No. 2</name>
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        <name>Commonwealth of Puerto Rico</name>
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        <invCountry>PR</invCountry>

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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <balance>5320000.00000000</balance>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
        <lei>N/A</lei>
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          <maturityDt>2037-01-01</maturityDt>
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      <invstOrSec>
        <name>Texas Transportation Commission</name>
        <lei>5493006JSGNPGVJS7691</lei>
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          <isin value="US88283NAN21"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Newark Higher Education Finance Corp.</name>
        <lei>N/A</lei>
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          <isin value="US650346DH94"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2048-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hammond Multi-School Building Corp.</name>
        <lei>N/A</lei>
        <title>Hammond Multi-School Building Corp.</title>
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          <isin value="US408395SC61"/>
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        <balance>550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>664262.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Puerto Rico Electric Power Authority</name>
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          <isin value="US74526QDH20"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>186147.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>North Carolina Turnpike Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Arborwood Community Development District</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New Jersey Economic Development Authority</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority</title>
        <cusip>64578JBA3</cusip>
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          <isin value="US64578JBA34"/>
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        <balance>705000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
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          <annualizedRt>3.12500000</annualizedRt>
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        <name>Chicago Board of Education</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>New Jersey Economic Development Authority</name>
        <lei>5493006JS6QWDVU4R678</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Red River Health Facilities Development Corp.</name>
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          <maturityDt>2034-11-15</maturityDt>
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          <annualizedRt>7.50000000</annualizedRt>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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          <maturityDt>2044-10-01</maturityDt>
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        <name>City of Reno NV</name>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <name>California Municipal Finance Authority</name>
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        <name>California County Tobacco Securitization Agency</name>
        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <name>Philadelphia Authority for Industrial Development</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California School Finance Authority</name>
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          <isin value="US13059TAR05"/>
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        <valUSD>471241.30000000</valUSD>
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      <invstOrSec>
        <name>City of Tampa FL</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-09-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>New Jersey Economic Development Authority</name>
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          <isin value="US64577BAR50"/>
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          <maturityDt>2044-01-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mississippi Hospital Equipment &amp; Facilities Authority</name>
        <lei>549300DW2GVUIGE04396</lei>
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          <isin value="US605360SD96"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California School Finance Authority</name>
        <lei>N/A</lei>
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        <cusip>13059TBQ1</cusip>
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          <isin value="US13059TBQ13"/>
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        <balance>730000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>School District of Philadelphia (The)</name>
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          <isin value="US717883WE82"/>
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        <balance>2410000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2814060.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-09-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New Hampshire Health and Education Facilities Authority Act</name>
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          <isin value="US644614Q367"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
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          <annualizedRt>6.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chicago Board of Education</name>
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          <isin value="US1675012T17"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
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          <isin value="US20775DEJ72"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>West Virginia Housing Development Fund</name>
        <lei>N/A</lei>
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          <maturityDt>2048-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.90000000</annualizedRt>
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        <name>Maricopa County Industrial Development Authority</name>
        <lei>N/A</lei>
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        <name>North Carolina Medical Care Commission</name>
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        <name>Virginia Small Business Financing Authority</name>
        <lei>N/A</lei>
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        <name>Pennsylvania Higher Educational Facilities Authority</name>
        <lei>N/A</lei>
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        <name>Chicago Board of Education</name>
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        <name>Wayne County Airport Authority</name>
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        <name>City of Austin TX Airport System Revenue</name>
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      <invstOrSec>
        <name>California Pollution Control Financing Authority</name>
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          <isin value="US74443UAE38"/>
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      <invstOrSec>
        <name>Florida Higher Educational Facilities Financial Authority</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Economic Development Authority</name>
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          <isin value="US645780FJ10"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</name>
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        <invCountry>PR</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Chicago IL</name>
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          <maturityDt>2037-01-01</maturityDt>
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        <name>State Public School Building Authority</name>
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        <name>Travis County Health Facilities Development Corp.</name>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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        <name>Vauxmont Metropolitan District</name>
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        <name>Rhode Island Student Loan Authority</name>
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        <name>North Carolina Medical Care Commission</name>
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      <invstOrSec>
        <name>Texas Private Activity Bond Surface Transportation Corp.</name>
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        <name>Louisville/Jefferson County Metropolitan Government</name>
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        <name>Virginia Small Business Financing Authority</name>
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        <name>Medford Hospital Facilities Authority</name>
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        <name>Sales Tax Securitization Corp.</name>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <name>Birmingham Airport Authority</name>
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        <name>Texas Private Activity Bond Surface Transportation Corp.</name>
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        <name>Public Finance Authority</name>
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      <invstOrSec>
        <name>Puerto Rico Commonwealth Aqueduct &amp; Sewer Authority</name>
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          <isin value="US745160QB05"/>
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        <curCd>USD</curCd>
        <valUSD>10162500.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Illinois</name>
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          <isin value="US452152H384"/>
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        <curCd>USD</curCd>
        <valUSD>988938.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>East Hempfield Township Industrial Development Authority</name>
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          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Collier County Industrial Development Authority</name>
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          <isin value="US194638AM47"/>
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        <curCd>USD</curCd>
        <valUSD>183000.00000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2035-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Overland Park Development Corp.</name>
        <lei>N/A</lei>
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          <isin value="US690278BX37"/>
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        <curCd>USD</curCd>
        <valUSD>1563810.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Chula Vista CA</name>
        <lei>N/A</lei>
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          <isin value="US17131HCP10"/>
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        <balance>1940000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1946770.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Syracuse Industrial Development Agency</name>
        <lei>N/A</lei>
        <title>Syracuse Industrial Development Agency</title>
        <cusip>87172NBB3</cusip>
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          <isin value="US87172NBB38"/>
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        <balance>9110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7965510.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Economic Development Authority</name>
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          <isin value="US64578CAH43"/>
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        <balance>3370000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3450846.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Berkeley SC</name>
        <lei>N/A</lei>
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          <isin value="US084220AC61"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>504175.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mid-Bay Bridge Authority</name>
        <lei>N/A</lei>
        <title>Mid-Bay Bridge Authority</title>
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          <isin value="US59524KAB44"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>324162.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-01</maturityDt>
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          <annualizedRt>7.25000000</annualizedRt>
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        <name>Puerto Rico Infrastructure Financing Authority</name>
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          <isin value="US745220FP34"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>University of Illinois</name>
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          <isin value="US9143533M72"/>
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        <valUSD>1943362.00000000</valUSD>
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          <maturityDt>2036-04-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Chicago Board of Education</name>
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          <maturityDt>2026-12-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Austin Convention Enterprises, Inc.</name>
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          <maturityDt>2031-01-01</maturityDt>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
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        <name>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</name>
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        <name>Texas Transportation Commission</name>
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          <isin value="US88283NAM48"/>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2042-08-01</maturityDt>
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        <name>Philadelphia Authority for Industrial Development</name>
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        <name>Puerto Rico Electric Power Authority</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>Puerto Rico Electric Power Authority</name>
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        <name>Glendale Industrial Development Authority</name>
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        <name>Trout Creek Community Development District</name>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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      <invstOrSec>
        <name>Upper Illinois River Valley Development Authority</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Territory of Guam</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-01-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>New Jersey Economic Development Authority</name>
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          <annualizedRt>4.37500000</annualizedRt>
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        <name>North Carolina Medical Care Commission</name>
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          <isin value="US65821DTH43"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of La Verne CA</name>
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        <curCd>USD</curCd>
        <valUSD>498074.85000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Tampa FL</name>
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        <balance>8625000.00000000</balance>
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        <valUSD>2897051.25000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>Puerto Rico Convention Center District Authority</name>
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          <isin value="US745266BC95"/>
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        <balance>11555000.00000000</balance>
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        <valUSD>11558004.30000000</valUSD>
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        <invCountry>PR</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Municipal Electric Authority of Georgia</name>
        <lei>JA0WNILDDF2KUPS83B16</lei>
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          <isin value="US626207Z561"/>
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        <balance>2580000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3064111.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
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        <valUSD>255095.30000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
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        <name>Public Finance Authority</name>
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        <name>Hammond Multi-School Building Corp.</name>
        <lei>N/A</lei>
        <title>Hammond Multi-School Building Corp.</title>
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        <name>Puerto Rico Public Buildings Authority</name>
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        <name>County of Cambria PA</name>
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        <name>Arlington Higher Education Finance Corp.</name>
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        <name>City of Chicago IL</name>
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        <name>Puerto Rico Sales Tax Financing Corp.</name>
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        <name>Overland Park Development Corp.</name>
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        <name>Philadelphia Authority for Industrial Development</name>
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          <maturityDt>2042-04-01</maturityDt>
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          <annualizedRt>6.25000000</annualizedRt>
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        <name>Texas Transportation Commission</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2057-08-01</maturityDt>
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        <name>Maricopa County Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Florida Higher Educational Facilities Financial Authority</name>
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        <name>City of Valdez AK</name>
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        <fairValLevel>2</fairValLevel>
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        <name>University of Illinois</name>
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        <name>Indiana Finance Authority</name>
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        <name>Washington State Housing Finance Commission</name>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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        <name>City of Glasgow KY</name>
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        <name>Nevada Department of Business &amp; Industry</name>
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        <name>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</name>
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          <maturityDt>2026-06-01</maturityDt>
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        <name>Golden State Tobacco Securitization Corp.</name>
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        <name>Florida Higher Educational Facilities Financial Authority</name>
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        <name>Palm Beach County Health Facilities Authority</name>
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        <name>Public Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corp.</name>
        <lei>N/A</lei>
        <title>Puerto Rico Sales Tax Financing Corp. Sales Tax</title>
        <cusip>74529JPX7</cusip>
        <identifiers>
          <isin value="US74529JPX71"/>
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        <balance>95138000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>102801365.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mississippi Hospital Equipment &amp; Facilities Authority</name>
        <lei>549300DW2GVUIGE04396</lei>
        <title>Mississippi Hospital Equipment &amp; Facilities Authority</title>
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          <isin value="US605360SS65"/>
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        <balance>1040000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1211922.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Carmel IN</name>
        <lei>N/A</lei>
        <title>City of Carmel</title>
        <cusip>143298AE7</cusip>
        <identifiers>
          <isin value="US143298AE78"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</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>Newark Higher Education Finance Corp.</name>
        <lei>N/A</lei>
        <title>Newark Higher Education Finance Corp.</title>
        <cusip>650346CZ0</cusip>
        <identifiers>
          <isin value="US650346CZ02"/>
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        <balance>1435000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1467431.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Vermont Student Assistance Corp.</name>
        <lei>549300VHYVRSKNFRSZ91</lei>
        <title>Vermont Student Assistance Corp.</title>
        <cusip>92428CMA9</cusip>
        <identifiers>
          <isin value="US92428CMA98"/>
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        <balance>1740000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1775409.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Wilkes-Barre Area School District PA</name>
        <lei>N/A</lei>
        <title>Wilkes-Barre Area School District</title>
        <cusip>968261NS2</cusip>
        <identifiers>
          <isin value="US968261NS21"/>
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        <balance>1305000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1604079.90000000</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>2059-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
        <lei>549300ISNGXS0VHGVD41</lei>
        <title>Wisconsin Health &amp; Educational Facilities Authority</title>
        <cusip>97712DL61</cusip>
        <identifiers>
          <isin value="US97712DL617"/>
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        <balance>1595000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1621556.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Health &amp; Educational Facilities Authority of the State of Missouri</name>
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        <title>Health &amp; Educational Facilities Authority of the State of Missouri</title>
        <cusip>60636AJB0</cusip>
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          <isin value="US60636AJB08"/>
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        <balance>465000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>535396.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tulsa Airports Improvement Trust</name>
        <lei>N/A</lei>
        <title>Tulsa Airports Improvement Trust</title>
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          <isin value="US899661EK49"/>
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        <balance>6615000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6652176.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>St Paul Port Authority</name>
        <lei>N/A</lei>
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          <isin value="US793067BE86"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1303662.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.70000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Colorado Health Facilities Authority</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority</title>
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          <isin value="US19648FJC95"/>
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        <balance>4355000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5045223.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Lenexa KS</name>
        <lei>N/A</lei>
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        <balance>985000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2032-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Washington State Housing Finance Commission</name>
        <lei>549300YL1HU59NREG764</lei>
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        <cusip>939783TK2</cusip>
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          <isin value="US939783TK23"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2051-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Philadelphia Authority for Industrial Development</name>
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          <isin value="US71780CAJ99"/>
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        <balance>600000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp.</title>
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          <isin value="US64542QBN25"/>
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        <balance>3500000.00000000</balance>
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        <valUSD>3635380.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2040-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Hampshire Health and Education Facilities Authority Act</name>
        <lei>549300CNCK7OT82W5653</lei>
        <title>New Hampshire Health and Education Facilities Authority Act</title>
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          <isin value="US64461XAF24"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Sarasota County Health Facilities Authority</name>
        <lei>N/A</lei>
        <title>Sarasota County Health Facilities Authority</title>
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          <isin value="US80329UBC27"/>
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        <balance>1875000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
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        <name>Maryland Health &amp; Higher Educational Facilities Authority</name>
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      <invstOrSec>
        <name>Overland Park Development Corp.</name>
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          <maturityDt>2049-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Puerto Rico Sales Tax Financing Corp.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-01</maturityDt>
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        <name>Puerto Rico Electric Power Authority</name>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-11-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-02-01</maturityDt>
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        <name>California School Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-10-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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        <name>State of Illinois</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-05-01</maturityDt>
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          <annualizedRt>4.87500000</annualizedRt>
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        <name>New Jersey Health Care Facilities Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-10-01</maturityDt>
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        <name>Public Finance Authority</name>
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          <maturityDt>2039-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Chicago Board of Education</name>
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        <name>North Carolina Medical Care Commission</name>
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        <name>Michigan Finance Authority</name>
        <lei>54930022O46HOX5J1D14</lei>
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        <name>Pittsburgh Water &amp; Sewer Authority</name>
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        <name>Public Finance Authority</name>
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        <name>Sales Tax Securitization Corp.</name>
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        <name>Lakewood Ranch Stewardship District</name>
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        <name>Delaware State Economic Development Authority</name>
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        <name>Muscle Shoals Sheffield &amp; Tuscumbia Solid Waste Disposal Authority</name>
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        <name>Overland Park Development Corp.</name>
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        <name>Indiana Finance Authority</name>
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      <invstOrSec>
        <name>Buckeye Tobacco Settlement Financing Authority</name>
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        <name>City of Chicago IL</name>
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        <name>City of Chicago IL</name>
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          <maturityDt>2033-01-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>New York Transportation Development Corp.</name>
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        <name>Canon Mcmillan School District</name>
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        <name>Roanoke Economic Development Authority</name>
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        <name>Kentucky Economic Development Finance Authority</name>
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        <name>Mission Economic Development Corp.</name>
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        <name>Philadelphia Authority for Industrial Development</name>
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        <name>Public Finance Authority</name>
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      <invstOrSec>
        <name>Palm Beach County Health Facilities Authority</name>
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      <invstOrSec>
        <name>Texas Transportation Commission</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-08-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>Detroit Downtown Development Authority</name>
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        <valUSD>2495346.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Howard MD</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Newark Higher Education Finance Corp.</name>
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          <isin value="US650346BW89"/>
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          <maturityDt>2035-08-15</maturityDt>
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      <invstOrSec>
        <name>Creekside Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US225508AA81"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.20000000</annualizedRt>
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        <name>St Louis County Industrial Development Authority</name>
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          <isin value="US79130GJA04"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-11-15</maturityDt>
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        <name>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
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        <name>Red River Health Facilities Development Corp.</name>
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        <name>Puerto Rico Electric Power Authority</name>
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        <name>Utah Charter School Finance Authority</name>
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        <name>California Statewide Communities Development Authority</name>
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        <name>Utah Housing Corp.</name>
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        <name>Wayne County Airport Authority</name>
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        <name>Colorado Health Facilities Authority</name>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <name>Utah Charter School Finance Authority</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Lenexa KS</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Puerto Rico Highway &amp; Transportation Authority</name>
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          <isin value="US745190ZS09"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Public Finance Authority</name>
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          <isin value="US744396FL13"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>General Authority of Southcentral Pennsylvania</name>
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          <isin value="US84129NHL64"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3335790.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico Infrastructure Financing Authority</name>
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          <isin value="US745220FR99"/>
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        <curCd>USD</curCd>
        <valUSD>10783472.05000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Blythe Township Solid Waste Authority</name>
        <lei>N/A</lei>
        <title>Blythe Township Solid Waste Authority</title>
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          <isin value="US096464AA05"/>
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        <balance>10695000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11809953.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Carolina Medical Care Commission</name>
        <lei>549300FH6KOXGCHQYG81</lei>
        <title>North Carolina Medical Care Commission</title>
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          <isin value="US65820YPK63"/>
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        <balance>1815000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1817758.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Travis County Health Facilities Development Corp.</name>
        <lei>N/A</lei>
        <title>Travis County Health Facilities Development Corp.</title>
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          <isin value="US89438LCL09"/>
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        <balance>215000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>217177.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Industrial Development Authority of the City of St Louis Missouri (The)</name>
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          <isin value="US85236BAA08"/>
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        <balance>1100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1004652.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-15</maturityDt>
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          <annualizedRt>3.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California Statewide Communities Development Authority</name>
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        <valUSD>3305040.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Arlington Higher Education Finance Corp.</name>
        <lei>N/A</lei>
        <title>Arlington Higher Education Finance Corp.</title>
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          <isin value="US041806XG05"/>
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        <balance>1810000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2040-06-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Puerto Rico Electric Power Authority</name>
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        <invCountry>PR</invCountry>

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          <maturityDt>2025-07-01</maturityDt>
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        <name>Texas Transportation Commission</name>
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          <isin value="US88283NAH52"/>
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          <maturityDt>2038-08-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>Orange County Funding Corp.</name>
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          <isin value="US684593AB27"/>
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          <maturityDt>2046-01-01</maturityDt>
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          <annualizedRt>6.50000000</annualizedRt>
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        <name>Puerto Rico Highway &amp; Transportation Authority</name>
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        <balance>5265000.00000000</balance>
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        <invCountry>PR</invCountry>

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        <name>City of Tampa FL</name>
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        <name>Oregon State Facilities Authority</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Syracuse Industrial Development Agency</name>
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        <name>Iowa Tobacco Settlement Authority</name>
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        <name>Hickory Chase Community Authority</name>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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          <maturityDt>2050-01-01</maturityDt>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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          <maturityDt>2023-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Commonwealth Financing Authority</name>
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        <name>Special Care Facilities Financing Authority of the City of Pell City Alabama</name>
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        <name>California Statewide Communities Development Authority</name>
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        <name>Massachusetts Development Finance Agency</name>
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      <invstOrSec>
        <name>New York Transportation Development Corp.</name>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <name>Grays Harbor County Public Hospital District No. 2</name>
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          <maturityDt>2048-12-15</maturityDt>
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        <name>New Jersey Economic Development Authority</name>
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        <name>Vermont Student Assistance Corp.</name>
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        <name>Chicago Transit Authority</name>
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          <maturityDt>2031-12-01</maturityDt>
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          <maturityDt>2031-09-01</maturityDt>
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        <name>Puerto Rico Electric Power Authority</name>
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        <name>Washington State Housing Finance Commission</name>
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        <name>Florida Higher Educational Facilities Financial Authority</name>
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      <invstOrSec>
        <name>Sales Tax Securitization Corp.</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Authority</name>
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        <name>Ohio Higher Educational Facility Commission</name>
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        <name>County of Jefferson AL Sewer Revenue</name>
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        <name>Catoosa Industrial Authority</name>
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        <name>Puerto Rico Infrastructure Financing Authority</name>
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        <name>Main Street Natural Gas, Inc.</name>
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        <name>Illinois Sports Facilities Authority (The)</name>
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        <name>Mount San Antonio Community College District</name>
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        <name>Lake Tahoe Unified School District</name>
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        <name>Buckeye Tobacco Settlement Financing Authority</name>
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        <name>Estancia at Wiregrass Community Development District</name>
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        <name>Vermont Student Assistance Corp.</name>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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        <name>Utah Charter School Finance Authority</name>
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        <name>School District of Philadelphia (The)</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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          <maturityDt>2023-12-01</maturityDt>
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        <name>Texas Private Activity Bond Surface Transportation Corp.</name>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <name>Colorado Educational &amp; Cultural Facilities Authority</name>
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        <name>Western Michigan University</name>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Puerto Rico Highway &amp; Transportation Authority</name>
        <lei>549300J6QBXVWJXB7Y41</lei>
        <title>Puerto Rico Highway &amp; Transportation Authority</title>
        <cusip>745190ZM3</cusip>
        <identifiers>
          <isin value="US745190ZM39"/>
        </identifiers>
        <balance>8340000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8877096.00000000</valUSD>
        <pctVal>0.157926733525</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>City of Tallahassee FL</name>
        <lei>549300MPY4HDPK8B1G15</lei>
        <title>City of Tallahassee</title>
        <cusip>874485DL6</cusip>
        <identifiers>
          <isin value="US874485DL61"/>
        </identifiers>
        <balance>6100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6800158.00000000</valUSD>
        <pctVal>0.120977258823</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MFS Institutional Money Market Portfolio</name>
        <lei>5L2W638H85N8T1136O07</lei>
        <title>MFS Institutional Money Market Portfolio, Class A</title>
        <cusip>55291X109</cusip>
        <identifiers>
          <isin value="US55291X1090"/>
        </identifiers>
        <balance>83040176.95000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>83048480.97000000</valUSD>
        <pctVal>1.477462373259</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mississippi Hospital Equipment &amp; Facilities Authority</name>
        <lei>549300DW2GVUIGE04396</lei>
        <title>Mississippi Hospital Equipment &amp; Facilities Authority</title>
        <cusip>605360SR8</cusip>
        <identifiers>
          <isin value="US605360SR82"/>
        </identifiers>
        <balance>1155000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1351130.55000000</valUSD>
        <pctVal>0.024037098880</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Puerto Rico Highway &amp; Transportation Authority</name>
        <lei>549300J6QBXVWJXB7Y41</lei>
        <title>Puerto Rico Highway &amp; Transportation Authority</title>
        <cusip>745190UP1</cusip>
        <identifiers>
          <isin value="US745190UP15"/>
        </identifiers>
        <balance>11750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11915205.00000000</valUSD>
        <pctVal>0.211975786330</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="All applicable monthly total returns are reported excluding any sales loads or redemption fees for Item B.5." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2020-08-31</ncom:dateSigned>
      <ncom:nameOfApplicant>MFS Series Trust III</ncom:nameOfApplicant>
      <ncom:signature>Kasey Phillips</ncom:signature>
      <ncom:signerName>Kasey Phillips</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
